According to the Gemini report, if the Ether/Bitcoin ratio returns to its median value from the past three years, Ether could see a rally of almost 20% to 0.067.
This shift suggests that investors are increasingly opting to hold onto their crypto assets rather than selling them, a potential sign of growing market stability.
None of the US-based spot Bitcoin ETFs registered negative cash flow on Monday as BTC price attempts to regain bullish momentum.
Historically, after every downtrend in June, Bitcoin price has demonstrated an average return of 7.98% and a median return of 9.60% during July.
Although the intakes are currently happening at a much slower rate than before, these ETFs have still impressed so far.
A filing does not guarantee that the SEC would approve such a product that is tied to Solana, despite SOL being the fifth largest digital asset by market capitalization.
Coinbase has a long history of fighting legal issues in the United States, being the firm crypto exchange to be publicly listed in the country.
Bitcoin price has established a robust support level between $60K and $61K, despite the accelerated selling pressure led by the US and the German government.
The effect of spot ETH ETFs on the price of Ether would be relatively smaller as compared to the approval of spot Bitcoin ETFs on BTC.
LDO price jumped significantly after Jump Crypto’s president announced his departure from the Chicago-based Web3 firm. Notably, a few members of the digital asset community were ecstatic that the executive decided to leave the firm.
The government of Iran has voiced strong objections to the rapidly growing popularity of the Telegram-based tap-to-earn game Hamster Kombat, which has seen a dramatic surge in interest in the region ahead of its upcoming token launch.
Gary Gensler, SEC Chair, talked about the approval of spot Ethereum (ETH) exchange-traded funds (ETFs) on Tuesday, June 25, stating that the approval process is “going smoothly” while being hesitant to reveal a timeline for the approval.
Notcoin has established itself as a significant player in the Web3 space, surpassing the performance of LayerZero and ZKsync.
Ark Invest Chief Executive Officer (CEO) Cathie Wood has announced that she will be voting for Donald Trump in the upcoming 2024 US presidential election, citing economic reasons. This statement by Wood shows the growing trend of support among crypto leaders for Trump.
LayerZero, a cross-chain interoperability protocol, has faced significant controversy with its newly launched token, ZRO.