First Mover Americas: Crypto Extends Slide Despite SEC Ether ETF Filings Approval
The latest price moves in crypto markets in context for May 24, 2024.
The latest price moves in crypto markets in context for May 24, 2024.
Binance’s head of financial crimes compliance Tigran Gambaryan is seriously ill, his lawyers said.
One trader said ether’s sell-off on positive news is typical “buy the rumors, sell the facts” behavior.
A farewell party for the popular dog will be held on Sunday in a Narita city park.
U.S. regulators approved listing spot ETH ETFs but have not yet cleared to trade.
The Commission on Thursday approved 19b-4 forms filed by national securities exchanges.
The decision follows the SEC’s approval of spot Bitcoin ETFs in January.
Ether’s price jumped 18% in six days on mounting speculation the U.S. SEC will approve a spot ETH exchange-traded fund (ETF). Some traders expect it to hit $5,000 by the end of June.
The recent surge in PEPE’s value is partly attributed to its use as a levered bet on the growth of the Ethereum ecosystem, with traders anticipating the approval of a spot ether exchange-traded fund (ETF) in the U.S.
Ether spot ETF approval would set a precedent as the first non-bitcoin digital asset to be considered a commodity, raising expectations that solana could follow the same path, the report said.
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