Ethereum News Official TheBitTimes.com

The approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in January and – possibly even more, given it came sooner than many expected – the approval of Ethereum (ETH) ETFs in May both caused much excitement in the crypto market.  Indeed, the January approvals – after some initial staggering – proved a catalyst that helped drive many cryptocurrencies near to or even above their previous all-time highs (ATH), and while the May decision has so far had a limited impact, it is likely the recent movements are just the beginning.  Another effect of the SEC’s decisions has been the ignition of a lively discussion on which cryptocurrency will receive the next approved exchange-traded funds, with many concluding Solana (SOL) and XRP are particularly strong candidates and JPMorgan (NYSE: JPM) signaling that there is no strong candidate left in 2024. Picks for you ...

Crypto expert Michael van de Poppe has outlined an important price level from which Bitcoin must break out. He claims that once it achieves a successful breakout, the flagship crypto will see a new all-time high (ATH) .  Bitcoin Needs To Break Through $70,000 Van de Poppe mentioned in an X (formerly Twitter) post that Bitcoin needs to break through $70,000 on the lower time frame (LTF) basis. Once that happens, the analyst claimed that Bitcoin will likely see a new ATH .  Related Reading Prepare For Impact: Market Expert Says Biggest Disaster In Crypto Yet To Come 1 day ago He also noted that lower timeframe regions at $67,000 were holding. Meanwhile, he highlighted Bitcoin’s long consolidation , stating that almost three months have passed since the crypto token remained in that range.  . ...

The Pepe price is up 77% in the past seven days to trade for $0.00001683 as of 02:53 a.m. EST. In the past 24 hours, the Pepe price is up 13% on trading volume that surged 47%. It comes amid growing hype as the frog-themed token made three successive peaks, each clearing the previous one. $PEPE made a new ATH 3 times while I was sleeping and it looks like it's just getting started. pic.twitter.com/RbB4o5Z1S3 — Plazma (@Plazma0x) May 27, 2024 Amid the surge, some say PEPE is on course to flip Shiba Inu (SHIB) as the second largest meme coin on market capitalization metrics. There is absolutely nothing that can stop $PEPE from flipping $shib and $doge. It’s inevitable. Live with it. pic.twitter.com/8W9qeH6lhN — Z𝐀Z𝐀 (@Zaza0x) May 27, 2024 For now, however, the immediate target is Polygon (MATIC). If PEPE dethrones MATIC to become the 18 th cryptocurrency by market cap, it would become the second token on the Ethereum blockchain. It would als...

May 26, 2024 at 13:00 // Price Author Coin Idol The price of Litecoin (LTC) is in a sideways trend and is experiencing a price rally. Price Analysis of Litecoin by Coinidol.com. Litecoin price long term prediction: ranging On May 20, the price of the cryptocurrency rose above the moving average lines and reached a high of $89. This is the first time that Litecoin has broken out of the range defined by the $73 support and the moving average lines.  On the upside, the bullish momentum could not be sustained due to the strong rejection at the recen...

Ether.Fi price rose 10% as altcoins looked to rebound, hitting highs of $5.35 amid latest upside momentum. ETHFI could target $10 if bullish sentiment prevails. Ether.Fi price rose 10% to reach highs of $5.35, a seven-week peak for the Ethereum liquid restaking platform’s native token ETHFI. Importantly, Ether.Fi price at current levels sees it trade above a crucial support-turned resistance area. With price s up 47% this past week, can bulls strengthen to push to $10? The last break out above $5 saw ETHFI rally to its all-time high of $8.53 on March 27. Ether.Fi introduces ether.fi Cash On May 24, the Ether.Fi team announced the launch of ether.fi Cash, a mobile wallet and Visa credit card that allows users to save, spend or invest with their ether.fi assets. Cash allows users to borrow or settle everyday transactions with USDC. Users can also pay off balances using their stake and liquid rewards. “Cash is the third in our Trilogy of produ...

Earlier today, the United States Securities and Exchange Commission (SEC) approved 19b-4 fillings for eight spot Ethereum exchange-traded funds (ETFs), paving the way for the highly anticipated institutional adoption of the second most valuable coin. The decision comes after months of uncertainty and less than six months after the regulator approved spot Bitcoin ETFs. For all that the crypto community can remember this week, the regulator uncharacteristically “scrambled” and hastily communicated to spot ETF issuers to make amends to their applications.  Related Reading Ready For Liftoff: XRP Price Primed To Skyrocket Before November 10 hours ago Did MicroStrategy Make A Mistake Choosing Bitcoin Over Ethereum? With spot Ethereum ETFs likely to be issued in the next few weeks, one analyst on X now  thinks  Michael Saylor, the fo...

The Ethereum price has risen almost 20% in the last 24 hours. This is a positive development for the second-largest crypto token, which has been lagging until now. Ethereum’s price surge is believed to be due to several factors, including the potential approval of the Spot Ethereum ETFs .  SEC Could Soon Approve Spot Ethereum ETFs Ethereum has risen on the news that the Securities and Exchange Commission (SEC) could approve the Spot Ethereum ETF applications. Before now, it was almost certain that the Commission would deny these applications. However, the SEC is now open to approving these funds based on Bloomberg analyst Eric Balchunas’s revelation.  Related Reading Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price 4 days ago Balchunas revealed in an X (formerly Twitter) post that he and fellow Bl...

The U.S. Securities and Exchange Commission (SEC) approved all Spot Ethereum ETFs on Thursday. The development represents a monumental shift in the financial sector where trillion-dollar management firms will now take entry positions in the cryptocurrency market. This is the second such approval this year as the SEC allowed Bitcoin ETFs in March. Now that the Ethereum ETF is a reality, millions worth of profits could also flow into Shiba Inu (SHIB) and other cryptocurrencies. Also Read: RIP Kabosu: Dogecoin & Shiba Inu Dog Gave Hopes To Millions BREAKING: SEC officially approves all spot Ethereum ETFs. — Watcher.Guru (@WatcherGuru) May 23, 2024 Bitcoin and Ethereum ETFs allow trillion-dollar asset firms like BlackRock, and VenEck, among others to invest in Spot BTC and ETH . The investments could push BTC and ETH prices up in the charts making them rally. When BTC and ETH rallies, they pull other cryptocurrencies up along with it. Therefore, if Ethereum ...

The Dogecoin [DOGE] market has been seeing increased activity. An ancient whale has resurfaced after over a decade, creating a splash in the market. According to Whale Alert, this long-dormant whale, possessing 893,303 DOGE worth around $145,101, has initiated transactions for the first time since May 2014. The reactivation was marked by a transfer of 23,338 DOGE, equivalent to roughly $4,000, to Binance, the world’s largest cryptocurrency exchange. This action has sparked widespread speculation about its potential market impact. Despite this transfer, the whale holds around 869,964 DOGE valued at $141,101. This substantial holding continues to overshadow the market. A dormant address containing 893,303 #DOGE (147,524 USD) has just been activated after 10.4 years!https://t.co/iUi27LPA3b — Whale Alert (@whale_alert) May 22, 2024 Also Read: Dogecoin To Rise 25% This Week? Here’s The DOGE Price Target Looking Back Historically, the reawakening of ...

Ethereum (ETH) has been around for nearly a decade. The second-largest crypto by market cap has come a long way in its short history. ETH has been in the spotlight of late after positive developments around the possibility of a spot ETH ETF (Exchange Traded Fund), leading to a market-wide rally. However, the US SEC (Securities and Exchange Commission) has not approved the spot ETH ETF. Also Read: BlackRock Files updated 19b-4 Form for Spot Ethereum ETF If you invested $100 monthly into Ethereum (ETH) since its launch in 2015, you would have put in $10,600 till now. However, your portfolio’s value would have risen to over $2.5 million, a growth of around 23,738%. Source: CryptoDCA Also Read: Top 3 Cryptocurrencies To Buy For 5X Gains In Anticipation Of Ethereum ETF Approval Moreover, if you had invested $100 monthly since ETH’s launch till it reached its all-time high of $4,878.26 in November 2021, you would have put in $7,600. However, in this scenari...

As the cryptocurrency market eagerly awaits the potential approval of an Ethereum Exchange-Traded Fund (ETF), investors are on the lookout for coins that could deliver substantial returns. The approval of an Ethereum ETF would mark a great milestone for the crypto industry, potentially opening the doors to increased institutional investment and mainstream adoption. In this article, we will explore the top three cryptocurrencies to consider buying for potential 5X gains in anticipation of the Ethereum ETF approval: PEPE, Optimism (OP), and Arbitrum (ARB). Also read: Cryptocurrency: Top 3 Coins To Buy Now In Anticipation of Ethereum ETF Approval PEPE PEPE has been grabbing attention because of its impressive price performance. Currently trading at $0.00001377, PEPE has experienced a remarkable 25.83% increase in the past 24 hours, with a 24-hour low of $0.00001094 and a high of $0.00001422. In addition, as the anticipation of the Ethereum ETF approval builds, PEP...