Analyst Eric Balchunas from Bloomberg has suggested that US spot Ethereum ETFs could potentially launch in the month of June. He believes that there is a legitimate chance that these ETFs will be available by the end of June, although the possibility of a mid-June launch is considered unlikely at this point. The latest date
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Ethereum price recently faced a decline and tested the $3,720 support level. Currently, ETH is in a consolidation phase and encountering several obstacles around the $3,800 mark. The price action indicates a bearish trend, making it challenging for Ether to make significant upward movements. Despite attempts by the bulls to defend key support levels, Ethereum
In a recent development, SEC commissioner Hester Peirce put forth an intriguing proposal for a shared digital securities sandbox between the US and the UK. This proposition aims to expand upon the existing joint digital securities sandbox (DSS) between the Bank of England and the FCA. The primary objective of this proposed shared digital sandbox
In a recent analysis, a crypto strategist accurately predicted the current Bitcoin downtrend and shared insights on where the price is headed next. The analyst, known as Xanrox, made waves in the crypto community by forecasting a decline in the market at a time when many were still optimistic about Bitcoin’s climb above $70,000. Xanrox
Ethereum price has taken a hit recently, extending its downside correction below the $3,800 support level. As a result, ETH is now approaching the $3,720 support and may be gearing up for a potential fresh increase. The decline in price came after Ethereum failed to hold above the $3,880 zone and is currently trading below
Dogecoin recently experienced a corrective phase in its price action, with the cryptocurrency dropping to the $0.1620 support level against the US Dollar. This correction came after DOGE encountered resistance near the $0.1750 zone and formed a swing high at $0.1705. Following in the footsteps of Bitcoin and Ethereum, Dogecoin faced a downside correction that
Mastercard has recently introduced its innovative “Crypto Credential” service, which aims to simplify the process of peer-to-peer crypto transfers for everyday users. By utilizing user-friendly aliases instead of cumbersome blockchain addresses, Mastercard is revolutionizing the way digital assets are sent and received. One of the key features of the Mastercard Crypto Credential service is its
In the world of cryptocurrency, meme coins have recently been gaining significant traction. Solana meme coins, in particular, have been surging in prices, with coins like dogwifhat (WIF) experiencing a remarkable 27% increase since the beginning of the week. Additionally, a new and exciting coin called Sealana (SEAL) has managed to raise over $3 million,
The XRP price is currently holding the key support level at $0.5220, indicating a consolidation phase in the market. The bulls are eyeing a potential increase in the price, but this could be challenged if the support level is broken below. The struggle to surpass the $0.5350 resistance zone has kept the price below $0.5320
Bitcoin price has extended its decline below the $68,000 level, with BTC slowly moving lower towards the $66,250 support zone in the near term. The bears were successful in pushing the price below the $68,000 support, leading to a test of the $67,000 zone and forming a low at $67,100. Following this downward wave, the