Ethereum Watch

The Commodity Futures Trading Commission (CFTC) has designated Ethereum (ETH) and Litecoin (LTC) as commodities, setting a precedent in the regulatory oversight of cryptocurrencies. Advertisements This clarification came as part of the CFTC’s civil enforcement action against the cryptocurrency exchange KuCoin, which faces accusations of conducting illegal off-exchange commodity transactions without proper registration. Ethereum and […]

The speculation surrounding the approval of a spot Ethereum exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC) has captured the attention of industry watchers. Advertisements Among them, Bloomberg’s Senior ETF Analyst Eric Balchunas offered a grim outlook, suggesting only a 25% chance of approval. 25% Chance of Ethereum ETF Approval Balchunas, who […]

An analysis suggested a bull rally for altcoins. Market indicators remained bearish for XRP and Ethereum.  The market witnessed quite some volatility in the recent past, but altcoins like Ethereum [ETH] and Ripple [XRP] held their ground last week. Advertisements In fact, a recent analysis hinted at yet another altcoin rally in the coming days.   […]

Ethereum (ETH) stands at a crucial juncture, with its eyes set on the $4,000 price mark. Amid this ambitious pursuit, the digital asset faces a significant challenge that could influence its trajectory: scrutiny from the US Securities and Exchange Commission (SEC). Advertisements Despite this potential regulatory hurdle, some analysts remain optimistic about Ethereum’s prospects. A […]