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Day: April 5, 2024

cryptocurrency April 5, 2024

JPMorgan has projected a confident stance regarding the US Securities and Exchange Commission’s (SEC) eventual green light for spot Ethereum exchange-traded funds (ETFs). Advertisements Despite earlier this year giving a no more than 50% chance for approval by May, optimism persists within the firm. Ethereum ETF Approval Odds Improve Nikolaos Panigirtzoglou, managing director and global […]

cryptocurrency April 5, 2024

JPMorgan’s report sheds light on the decline in Lido’s staked Eth share. SEC had emphasized lack of network decentralization in evaluating Ethereum’s security status. For the last couple of weeks, the Securities and Exchange Commission (SEC) has been actively pursuing an investigation into Ethereum [ETH], aiming to classify it as a security. Advertisements This investigation […]

cryptocurrency April 5, 2024

Ethereum price is struggling to recover above the $3,440 resistance zone. ETH is moving lower and might decline further if it clears the $3,250 support. Advertisements Ethereum is struggling to climb above the $3,370 and $3,440 levels. The price is trading below $3,380 and the 100-hourly Simple Moving Average. There was a break below a […]