There’s no denying that Ethereum (CRYPTO: ETH) has been one of the best crypto investments of the past decade. At its current price of $3,500, Ethereum is up more than 10,000-fold from its initial price of just $0.31. As a result, an investment of just $100 in 2015 would have likely been enough to make […]
The crypto world is buzzing with excitement as the market rides a wave of bullish momentum. While this surge is promising, it also makes choosing the right cryptocurrency to invest in quite challenging, as nearly everything seems to be on the rise. Amidst this flurry, one cryptocurrency stands out due to its recent developments and […]
As we kick off a short week, investors in a range of speculative assets are seeing selling pressure build. Of course, there are plenty of macro reasons for this trepidation. Some rather important inflation readings are due later this week, which could impact everything from growth stocks to commodities to cryptocurrencies. Everything is tied to […]
Cryptocurrency Remember the spot bitcoin ETF launch? As the spot Ethereum ETF approval drama unfolds, investors and exchange-traded fund industry observers can recall parallels between this case and events leading to the eventual approval and unveiling of spot bitcoin ETFs. In both cases, the Securities and Exchange Commission (SEC) initially exhibited caution toward approving spot […]
MetaMask, the most-used Ethereum wallet, is working to integrate native bitcoin (BTC), according to two people familiar with the matter. Access could arrive within the next month, one person said, while another said functionality is not yet set in stone, but features could initially be limited and expanded over time. MetaMask is a giant in […]
The U.S. Securities and Exchange Commission (SEC) appears to be leaning towards approving spot Ether exchange-traded funds (ETFs), prompting a surge in Ether’s value. Ether traded as high as US$3,710 in the past 24 hours, according to CoinGecko. Bloomberg analysts Eric Balchunas and James Seyffart have revised their approval probability from 25% to 75%, citing […]
Ethereum (CRYPTO: ETH) prices have historically proven very volatile. It’s not uncommon to see its value double or triple in a matter of months. In other months, however, its price has been cut in half or worse. But what about the long term? If you had invested $300 into Ethereum five years ago, and held […]
The cryptocurrency sector is getting a nice boost today from yesterday’s commentary from Federal Reserve Chairman Jerome Powell. The market received a jolt from Powell’s commentary in a press release; he suggested the direction of the next Fed move will most likely be lower. The market had previously priced in some chance of an interest […]
Hong Kong launched its first six spot Bitcoin and Ethereum exchange-traded funds (ETFs) on Tuesday. The three, spot bitcoin ETFs by China AMC, Harvest and Bosera all closed the day in green, with Bosera leading with 1.8%. All three Ether ETFs fell by the end of the trading day in Hong Kong, with China AMC’s […]
Holding 6 Ethereum (ETH) Could Make You A Millionaire, According to Cathie Wood With the recent halving and spot exchange-traded funds (ETFs) driving demand, Bitcoin has had the spotlight for much of 2024. However, according to Cathie Wood of Ark Invest, Ethereum (ETH) could catch up to Bitcoin and provide investors with huge profits in […]
With a current market cap (as of the afternoon of April 17) of $360 billion, Ethereum (CRYPTO: ETH) is the world’s second most valuable cryptocurrency. It’s behind only Bitcoin when it comes to market domination. Just in the past five years, Ethereum‘s native token has skyrocketed nearly 1,700% in value. That would have turned an […]
Several major cryptocurrencies started the week on a high note today amid a confluence of positive catalysts, including potential short squeezes, technical trading tailwinds, and — perhaps most surprising — geopolitical tailwinds from leading Chinese money management firms. When all was said and done, as of the close of Monday’s regular session, the price of […]