Best Crypto To Invest In As Ethereum Eyes $5.5K Ahead Of $XRP ETF Launch
Ethereum ($ETH) is under the spotlight after Fundstrat’s Tom Lee reiterated his bullish stance, stating that $ETH could reach $5.5K by mid-October. He further added that both Bitcoin and Ethereum could make a ‘monster move’ in the next three months. Lee explained that the driver for this price rise will be the Federal Reserve’s expected monetary easing, including the 0.25% rate cut. He believes that this liquidity injection will primarily benefit Bitcoin and Ethereum, making them the biggest winners of the Fed’s new policy. Alongside $ETH, $XRP is also drawing attention, with....
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The approval process for the Spot Ethereum ETF is progressing smoothly, according to the US Securities and Exchange Commission Chair, Gary Gensler. Speaking at the Bloomberg Invest Summit, Gensler expressed optimism for the new investment product, which is anticipated to launch as early as July. This development marks a significant milestone for the cryptocurrency market, […]
Ethereum 2.0 is still far on the horizon. Scheduled to occur in 2022, the project has experienced numerous delays that have pushed back its release date further. This has although not been a deterrent for investors in Ethereum to invest their coins on the network. The amount of staked coins on the network has been […]
If you had $1 million to invest in Bitcoin and Ethereum, how would you buy, and why? This is the premise behind a new case study competition from Kraken, who partnered with The Economist to launch the program. Kraken, a leading bitcoin exchange, has launched a new competition aimed at students, challenging them to create digital asset investment....
The Chicago Mercantile Exchange (CME) Group will launch Ethereum option contracts on its platform on September 12. The company announced that it’s waiting for regulatory review, and if approved, these new investment products will join its ETH futures and mini futures contracts. Related Reading: UN Exec: Regulating Crypto Use Will Make Internet Safe The new […]
Ethereum is expected to shoot higher in the weeks ahead despite the recent price consolidation. The cryptocurrency has held well in the high-$500s despite some downward pressure in the Bitcoin price. Analysts think that ETH could push toward $900 and beyond in the near future, especially due to the positive fundamental event of the ETH2 launch. Boosting Ethereum’s prospects, analysts are also bullish on Bitcoin. Ethereum Could Shoot Even Higher, Leading Analysts Say Ethereum is […]