Ethereum Price chart

Prometheum’s Ethereum Custodial Launch Puts SEC’s ETH Classification In The Spotlight

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Prometheum’s Ethereum Custodial Launch Puts SEC’s ETH Classification In The Spotlight

[ad_1] Prometheum, an “alternative” trading platform for crypto “securities” assets, has recently announced the launch of its custodial services for Ethereum (ETH). This move has significant implications for the legal status of the second-largest cryptocurrency by market capitalization.  Fortune Magazine reported that the company’s strategy is to compel regulators, particularly the Securities and Exchange Commission … Read more

Ethereum ETFs Approval Date Set For May 23, Forecasts Suggest ETH Could Reach $4,000

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Ethereum ETFs Approval Date Set For May 23, Forecasts Suggest ETH Could Reach $4,000

[ad_1] The Securities and Exchange Commission (SEC) is poised to follow a similar approach to approving spot Bitcoin (BTC) exchange-traded funds (ETFs) for spot Ethereum ETFs, with the expectation that approval will be granted on the initial final deadline of May 23, as per Standard Chartered Bank analysis. Ethereum ETFs Face Delays, Approval Remains Likely … Read more

QCP Capital Forecasts ETH’s Dominance Over Bitcoin To Persist, Ethereum ETFs In Focus

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QCP Capital Forecasts ETH’s Dominance Over Bitcoin To Persist, Ethereum ETFs In Focus

[ad_1] Over the past 30 days, Ethereum (ETH), the second-largest cryptocurrency, has experienced a notable surge of 17%, outperforming Bitcoin (BTC), which has recorded a surge of 2.5% over the same period.  This comes as the initial excitement surrounding the approval of the exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) appears … Read more