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Following the approval of spot Ethereum (ETH) exchange-traded funds (ETFs), Standard Chartered Bank has projected that several other cryptocurrencies could … Continue reading The post ChatGPT-4o predicts XRP’s price if the token’s ETF is approved appeared first on Finbold .

ChatGPT-4o predicts XRP’s price if the token’s ETF is approved

Following a significant surge toward the $4K resistance level, Ethereum’s native token has encountered increased selling pressure, resulting in a slight consolidation. The price is expected to fluctuate within a tight range and experience increased volatility before making its next significant move. Technical Analysis By Shayan The Daily Chart The daily chart shows that Ethereum

After Surging by 25% to Multi-Week Highs, Where Is ETH Heading Next? (Ethereum Price Analysis)

The chief investment officer of crypto fund manager Bitwise is predicting new all-time highs for Ethereum (ETH) if spot ETH exchange-traded funds (ETFs) are ultimately approved. Earlier this week, the U.S. Securities and Exchange Commission (SEC) approved a rule change that sets the stage for the potential green lighting of spot market Ethereum ETFs. In The post Spot Ethereum ETF Approval Could Send ETH to a New Record High, Says Bitwise CIO Matt Hougan appeared first on The Daily Hodl .

Spot Ethereum ETF Approval Could Send ETH to a New Record High, Says Bitwise CIO Matt Hougan

The post Top Memecoins For 10X Surge This AltSeason! appeared first on Coinpedia Fintech News The volatility in the cryptocurrency market has displayed a significant rise over the past few days, indicating an increase in the buying and selling pressure. Moreover, following the approval of the spot Ethereum ETF, ETH-based altcoins have recorded the highest gains. Furthermore, Ethereum-based memecoins have recorded the highest gains, indicating a switch of interest among …

Top Memecoins For 10X Surge This AltSeason!

Spot Ethereum ETFs are finally on, but where does SEC's Gensler stand now?

How and why Ethereum and Bitcoin’s ETF approvals were different

Shiba Inu (SHIB), a meme-inspired cryptocurrency derived from the popular “Doge” internet meme, has experienced significant growth in 2024. Despite a recent slowdown, SHIB boasts a market capitalization exceeding $14 billion and a price increase of nearly 150% year-to-date. This momentum has sparked discussions about the cryptocurrency’s future potential. Long-Term SHIB Price Predictions Analysts have The post Shiba Inu (SHIB) Price Is Projected To Hit $0.055. Here’s Timeline appeared first on Times Tabloid - Latest Cryptocurrency News, Bitcoin (BTC) News, Ethereum (ETH) News, Shiba Inu (SHIB) News, Ripple's XRP News .

Shiba Inu (SHIB) Price Is Projected To Hit $0.055. Here’s Timeline

Over some days, the price of Ethereum has been in a consolidation zone, moving between $3,949 and $3,627. This is a result of the rally that happened a few days ago which led to the crypto asset’s price making over 10% movement on the upside. When prices are consolidating, it can only be considered that it is building momentum to either break above the consolidation zone or below it. At this point, we cannot tell the next action the price will take. In this article, we will see the possible outcome if there is a break out from the consolidation. As of the time of writing, the price of ETH was up by 0.66%, trading around $3,752 above the 100-day Simple Moving Average (SMA) in the last 24 hours. Ethereum On The 4-Hour Chart Looking at Ethereum’s chart on the 4-hour timeframe, it can observed that the price is trading above the 100-day moving average, suggesting ETH’s price is on a bullish trend and could break above the consolidation zone. Also, with the help of the MACD indicator, although the MACD histograms are trending below the MACD zero line, these are already showing signs of weakness as the histogram color is becoming faint. The MACD line and the MACD signal line are also seen moving toward the MACD zero line but as long as they are still above the zero line, there could be a possible reverser. With this MACD formation, it could be suggested that the price of Ethereum is still bullish and there is a possibility it could break above the consolidation zone Finally, using the Relative Strength Index (RSI) also to analyze the price action in the 4-hour timeframe, it can be seen that the RSI line is attempting to back up after failing to cross below the 50 lines, suggesting that the price is still bullish. Possible Outcomes If There Is A Breakout In Either Direction Conclusively, if there is a break out above the consolidation zone, the price of ETH might continue to move upward toward the $4,094 resistance level. Should the price surpass this resistance level, it might move further upward to create a new high for the year. On the contrary, if Ethereum breaks below the consolidation zone, the price might begin to move toward the $3,263 support level. A breakout below this level might cause a continuous downward movement toward the $2,864.04 support level. Featured image from iStock, chart from Tradingview.com

Ethereum Price Consolidates: Here Are The Next Key Levels To Watch

Key factors driving XRP's price upward today are hopes of spot XRP exchange-traded funds in the U.S. and increased accumulation by whales.

Why is XRP price up today?

The newly-approved spot Ether (ETH) exchange-traded funds (ETFs) could launch as early as mid-June if the United States securities regulator follows a timeline similar to its spot Bitcoin ETF process. Spot Ether ETFs received approval for their 19b-4 filings, allowing the funds to be listed on their respective exchanges. However, applicants must first obtain approved S-1 registration statements to begin trading. Bloomberg ETF analyst James Seyffart has suggested that S-1 approvals could come in a “couple of weeks,” though he also noted that the process could take longer, typically up to five months. Fellow Bloomberg ETF analyst Eric Balchunas responded

Spot Ether ETFs Could Launch by Mid-June Following SEC Approval Process

The post Whales Bet Big on THESE 5 Altcoins as Ethereum ETF Approval Nears appeared first on Coinpedia Fintech News Large wallet investors, or “whales,” have recently shown increased interest in Ethereum-based altcoins. On-chain crypto intelligence trackers have noted significant buying activity of ENS, UNI, AAVE, LDO, and LINK tokens. This surge follows the SEC’s recent approval of the Ethereum ETF, which analysts interpret as a positive signal for the altcoin market. With this surge …

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