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, […]
Ark Invest, an American investment management firm, has recently shared a long-term forecast that envisions the Ethereum (ETH) price reaching the six-digit territory if the total crypto market capitalization surges to $25 trillion. Ark Invest also notes that Ethereum stands to be one of the biggest winners in this scenario, with XRP also set to […]
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....
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 […]
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 […]