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Day: May 22, 2024

Ethereum is not the only reason why Uniswap [UNI] pumped 18% in 24 hours

cryptocurrency May 22, 2024

UNI’s price surged after the protocol disclosed a plan to introduce the ERC-7683 standard. Open Interest hit a monthly high, activity spiked, while the token could rise to $12. Uniswap [UNI] broke out, rose by 18.98% and hit $9.30 in an unexpected move within the last 24 hours. Advertisements For many participants, the surge could […]

Analysts Predict Spot Ethereum ETFs to Launch “in Weeks or More”

cryptocurrency May 22, 2024

Analysts anticipate the launch of spot Ethereum ETFs within weeks, following significant amendments to filings by issuers like Fidelity and Ark 21Shares. Advertisements Though US Security and Exchange Commission (SEC) approval remains uncertain, these developments could mark a pivotal moment for the crypto market. SEC Filings Amended, Paving Way for Potential Ethereum ETF Launch The […]

Ethereum Co-Founder Predicts Supply Crunch From ETFs, This Is The Price Target

cryptocurrency May 22, 2024

Joseph Lubin, co-founder of Ethereum and CEO of blockchain technology firm Consensys, has expressed that the potential approval of spot Ethereum ETFs by the US Securities and Exchange Commission (SEC) could lead to significant supply constraints for Ether. This development is anticipated to be a “watershed” moment for Ethereum. Advertisements In an exclusive interview with […]

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