Tag: Ether

Mad Money’s Jim Cramer Endorses Ether as ‘Great Store of Value’ Amid US Dollar Concerns

Jim Cramer, the host of CNBC’s Mad Money show, has endorsed ethereum and spot ether exchange-traded funds (ETFs), highlighting the cryptocurrency as a “great store of value” amid concerns over the U.S. dollar due to federal budget deficits. “I have ether because it’s a great store of value,” he affirmed. Jim Cramer on Ethereum and […] Source BitcoincryptoexchangeExchanges CryptoX Portal

SEC greenlights spot Ether ETFs, but Ether price shows little movement

Ethereum’s price has barely budged despite the US Securities and Exchange Commission (SEC) giving the green light for spot Ether exchange-traded funds (ETFs) to launch faster in the United States. Ahead of the SEC’s landmark approval, Ether fell by 3.4%, rebounding by around 5% shortly after. As of now, Ether is trading at $3,701, with a 24-hour trading volume of $47.5 billion, according to CoinMarketCap. ETH 24-hour price chart | Source: CoinMarketCap On May 23, the SEC approved 19b-4 applications from financial giants such as VanEck, BlackRock, Fidelity, Grayscale, Franklin Templeton, ARK 21Shares, Invesco Galaxy, and…

Ether ETFs, DOGE Tesla payments, and Rollblock revenue share dominate headlines

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Several game-changing crypto announcements have been made over the last week. Firstly, the U.S. SEC hinted at the potential release of an Ethereum ETF, which has triggered a massive Ethereum (ETH) rally.  Meanwhile, Tesla launched Dogecoin (DOGE) payments on its website, suggesting that Elon remains bullish about the meme coin. At the same time, Rollblock’s revenue share initiative has caught global attention, and experts are soaring to its presale…

Consensys Hails Spot Ether ETF Approval, Slams SEC’s ‘Deliberate Regulatory Abuse’

Consensys has lauded the U.S. Securities and Exchange Commission’s approval of 19b-4 filings for spot ether exchange-traded funds as “a step in the right direction.” However, the software firm expressed its disapproval of what it calls the securities regulator’s “deliberate regulatory abuse” in its handling of ethereum. The SEC’s Inconsistent Approach to Digital Assets The […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Ether (ETH) ETF Listing Approval Sees Billions Poured Into Restaking Protocol Ether.Fi

“I think there is question whether staking, particularly liquid staking, turns ETH into a security,” Silagadze said. “I think how it is going to start is you will have ETH ETFs that are either contracted out or run their own infrastructure, those nodes will be compliant and censored and all of that stuff, but it’ll have a nice baked-in yield. Restaking is much more complex, so I think it’ll get there; it’ll just be a matter of time.” Source

Crypto Market Extends Slide Despite SEC Ether ETF Filings Approval

Bitcoin and ether both experienced wild swings in the run-up to the SEC’s ETF decision on Thursday. ETH tumbled to $3,500 before surging to $3,900 as the first reports came through that approval of some filings was imminent. BTC, meanwhile, sank below $66,500, then spiked to $68,300 before settling just below $68,000. Liquidations across all leveraged crypto derivative positions soared to over $350 million during the day, the most since May 1, CoinGlass data shows. The bulk of the positions were longs betting on rising prices, worth roughly $250 million,…