Crypto

Ethereum Price Forecast: With ETF Approval, How Much Could ETH Rise in 2024?

The US Securities and Exchange Commission (SEC) has authorized the listing of the spot Ethereum ETFs on significant exchanges, including NASDAQ and NYSE, marking a significant milestone for the cryptocurrency industry. The move, which is being hailed as a major advancement, establishes Ethereum as “digital oil” in the cryptocurrency sphere, similar to Bitcoin’s “digital gold.” […]

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Is a new peak coming for Bitcoin? Trading volume in the US reached its highest level in two years

United States Bitcoin trading volume has surged to levels last seen in 2022. As Bitcoin’s momentum increased, so did the profitability of holders. The price of Bitcoin [BTC] has seen a sharp rise in the last few days, which has increased investor confidence in the cryptocurrency during this period. This price surge resulted in a

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The cryptocurrency market is volatile ahead of the SEC decision on Ethereum (ETH) ETF approval rumors

Major Highlights: The cryptocurrency market is awaiting the SEC’s verdict on the planned Ethereum ETF. There are a lot of rumors regarding a possible acceptance, which could have a big effect on Ethereum market dynamics. There is disagreement among industry professionals. Some point to the SEC’s cautious stance towards crypto assets, while others emphasize recent

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Pepe crypto has hit new highs as growing ETH prices have rekindled ETF certification expectations.

In a May 21 X post, cryptocurrency trader Matthew Hyland endorsed PEPE as the most promising memecoin linked to the potential approval of an ETH ETF. A separate anonymous cryptocurrency dealer, “Kaleo,” reported that PEPE’s performance was a sure sign of the market’s growing recognition of the coin’s possibilities. Market Trends: Euphoria fueled by rumors

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Burn Rate of Shiba Inu Token Rises Beyond 500%: What’s Next for it?

The burning rate of Shiba Inu has seen an increase of approximately 570% in the last 24 hours. This resulted in four notable trades. Additionally, the price of SHIB increased, raising the chances of reaching the $0.0001 milestone.  The Shiba Inu coin burn rate has increased dramatically. The notable increase in burning rates has resulted

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In the UAE, Bitcoin takes the top spot for cryptocurrencies

Important points: According to Chainalysis report According to a recent survey, the cryptocurrency market in the United Arab Emirates (UAE) saw tremendous growth in the last year. According to a Chainalysis study, the UAE recorded significant capital gains of $204 million in 2023 from its cryptocurrency investments. The UAE ranked second among GCC countries, only

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According to JP Morgan report, Bitcoin is still in the “overbought zone”

The sudden decline in the cryptocurrency market in recent days has discouraged investors. Still, Bitcoin and other cryptocurrencies surged sharply. Despite this recent surge, Bitcoin has not yet succeeded in crossing the $70,000 mark. As a result, it is now quite clear that the Bitcoin market should proceed with caution. JP Morgan released a report

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BlackRock’s BUIDL Fund Receives Payment from Tornado Cash: Good OR Bad News?

The biggest asset manager in the world recently introduced its $100 million BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This Ethereum-based investment vehicle by BlackRock has created quite a stir in the cryptocurrency market. BlackRock’s Bitcoin ETF was a BIG Success! This move follows BlackRock’s successful launch of a bitcoin ETF in early 2024. And,

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