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The cryptocurrency market was abuzz on Tuesday as Ethereum (ETH) took a nosedive below the $3,000 mark. Despite a promising 9% weekend recovery that saw ETH soar to a peak of $3,300 on April 28th, bulls were unable to maintain momentum. However, just when all seemed lost, whispers of whale activity began to circulate, offering … Read more
SEC Set to Reject Spot Ethereum ETFs After Disappointing Talks with Issuers The U.S. Securities and Exchange Commission (SEC) is set to deliver a crushing blow to Ethereum enthusiasts as they prepare to reject applications for spot exchange-traded funds (ETFs) linked to the popular cryptocurrency. Despite hopes for a May approval, U.S. financial firms have … Read more
Hong Kong regulators are getting ready to approve the launch of Bitcoin and Ethereum ETFs. Bloomberg suggests that approval for Bitcoin and Ethereum ETFs in Hong Kong could come as soon as April 15. If these ETFs get the go-ahead, Hong Kong will lead Asia in offering them. Harvest Fund Management Co.’s international division from … Read more
Whale investors have made a splash in the Ethereum (ETH) market, causing a frenzy of unusually large transactions as the cryptocurrency’s price makes a strong comeback. The waters of ETH are teeming with excitement as these big players make their move. The wild ride of Ethereum (ETH) taking the investors on a rollercoaster of emotions … Read more
Amidst the rollercoaster ride of Ethereum’s value, experts are eagerly anticipating a major boost in the cryptocurrency’s worth after the highly-anticipated Bitcoin halving event. Drawing from past trends, it’s been observed that Ethereum tends to soar in the aftermath of such milestones in the Bitcoin world.With this in mind, analysts are confidently predicting a significant … Read more
Excitement builds as investors eagerly anticipate the potential approval of a spot ETF for Ethereum (ETH) by May 2024. But as the cryptocurrency navigates through ever-changing market sentiments, Daan Crypto Trades reveals the crucial factors that could make or break ETH’s performance in the upcoming months. Waiting for Ethereum’s ETF Amidst the frenzy over a … Read more
Ethereum (ETH) may be feeling the heat as it tries to keep up with the top dog, Bitcoin (BTC), but its rival Solana (SOL) is making some bold moves as a layer 1 contender. It’s leaving both ETH and BTC in the dust with its impressive performance. From the buzzing world of social media, one … Read more