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Leo_Davis
1 hr. ago
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Crypto Alerts
2 hours ago
$ETH skyrocketed 19% yesterday,
its biggest daily gain in a YEAR! ETF approval rumors fueling the fire,
but can it hit $10,000?
Key Price Analysis Points:
Massive Surge: Ethereum price skyrockets 19.23% in a single day, its biggest daily gain since May 2021.
Sellers Squeezed: Short liquidations reach $80 million, the highest in 90 days.
Bitcoin Boost: Bitcoin crossing $70,000 triggers a market-wide bullish trend.
ETF Speculation: Ethereum ETF approval rumors fuel buying pressure, with price surging past $3,500.
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4 hours ago
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5 hours ago
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5 hours ago
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6 hours ago
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7 hours ago
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Crypto Alerts
7 hours ago
ETHEREUM SOARS 18% TO ABOVE $3,700: POSSIBLE FACTORS

- Ethereum's price surged 18%, reaching above $3,700.

- Speculation about the approval of spot Ether exchange-traded funds (ETFs) appears to be driving this spike. This follows months of pessimism within the market.

Key Developments:

- Bloomberg ETF analysts Eric Balchunas and James Seyffart reported that the U.S. Securities and Exchange Commission (SEC) is urging applicants to expedite their 19b-4 filings. This prompted them to raise their approval odds from 25% to 75%.

- On Polymarket, a decentralized betting platform, the odds for an approved spot Ether ETF jumped from 11% to 54%.

- Balchunas noted that the SEC might be facing political pressure. The SEC's previous stance showed little engagement with ETF applicants.

- The SEC is reportedly asking exchanges like NYSE and Nasdaq to update their filings. However, there’s no official confirmation from the regulator.

Legislative Landscape:

- The U.S. House of Representatives is considering two pro-crypto bills: the Financial Innovation and Technology for the 21st Century (FIT21) Act and the CBDC Anti-Surveillance State Act (H.R. 4763 and H.R. 5403).

- Democrat leaders did not urge members to vote against these bills, which is seen as a positive signal for the industry, according to recent reports.

- The U.S. crypto industry and lobbyists back FIT21, with 60 companies urging the House to pass it in a May 16 letter.
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7 hours ago
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7 hours ago
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8 hours ago
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Crypto Alerts
9 hours ago
What happened in Crypto in the last 12hrs…?

- $ETH ETF approval chatter reignites possibility of approval on Thursday per Bloomberg Analysts

- $ETH rises above $3600 & $BTC rises above $70,000

- Brazil central bank says crypto regulatory framework coming by EOY

- pumpdotfun hacker claims to have been arrested but no corresponding police charges or records have been found

- Genesis reaches $2B settlement to repay 77% of funds

- Grayscale CEO Michael Sonnenshein steps down

- Crypto investment products saw $932M net inflows last week

- $SOL trader turned $1.4K into $2.32M in 5 months holding $PONKE

- KyberNetwork announces launch of new chain soon
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10 hours ago
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18 hours ago
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19 hours ago
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23 hours ago
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Techno Loader
1 day ago
Asic Marketplace
1 day ago
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1 day ago
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1 day ago
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