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Ethereum whipped up 22% gains over 24 hours as ETH ETF odds tripled.
Bloomberg’s top financial analysts explain the SEC’s U-turn on ETH ETFs.
Standard Chartered unfolds brave ETH prediction as Ether flips Mastercard.
While the general crypto markets were on a rollercoaster ride for most of the year, the slim chances of an Ether Spot ETF approval have kept most big players on edge. Barricaded with silence, the Securities and Exchange Commission (SEC) switched its strict stance on Ethereum (ETH) regarding submitted ETH ETF applications.
Ether Flips Mastercard as ETFs Likely to Get the Nod
Bolstered by a market-wide renaissance, the largest Proof of Stake (PoS) blockchain, Ether, makes history by surpassing Mastercard by market capitalization. The traditional finance heavyweight has been around since 1966, providing debit and credit card services to people around the globe.
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Binance has launched a pre-market spot trading service that uses “actual tokens.”Former Alameda CEO Caroline Ellison was sentenced to two years in prison for her role in the collapse of FTX.Hamster Kombat teased token buybacks, NFTs and the launch of a web app ahead of its highly-anticipated airdrop.The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Friday’s end-of-month bitcoin options expiry could significantly impact market volatility, according to Deribit CEO Luuk Strijers.Major cryptocurrencies, such as bitcoin and ether, have traded flat over the past 24 hours.