Bitwise predicts that after the launch of ETFs based on Ethereum, its price will exceed $5000. CoinDesk reports this, citing a company report.
Today, July 23, 2024, is expected to be the long-awaited launch of spot Ethereum ETF trading in the USA. Leading up to the event, members of the crypto community have shared their opinions on how Ether will react to the event
Bitcoin continues to demonstrate stability, trading above the $65,500 and $66,000 levels. The price surpassed $68,000 but has since started consolidating. Major support levels are around $67,200 and $66,500, while major resistance levels are near $68,500 and $68,800. If the price manages to surpass ...
The CEO of BlackRock stated that Bitcoin is a legitimate financial instrument. Larry Fink mentioned on CNBC that Bitcoin offers an investment opportunity in times of high uncertainty, as this cryptocurrency is not controlled by any country.
News about the launch of ETH-ETF has lifted sentiment in the cryptocurrency market. Investors welcome this development as it opens up new investment opportunities in Ethereum. Increased interest from institutional investors is expected to strengthen Ethereum's position in financial markets.