Bitcoin and the wider crypto space have had an amazing year that propelled the global crypto market cap to $3.08 trillion on November 9th 2021. Since then, almost a trillion...
It’s safe to say that 2024 has been the year of cryptocurrencies so far. After a long crypto winter, digital currencies burst back into the limelight at the start of the year, before being rocketed into the stratosphere by the SEC’s Bitcoin ETF approvals that same month.
Although the base case is pointed to be a $22,000 valuation by 2030, VanEck predicts a bull case of $154,000 for the ETH.
The post VanEck forecasts Ethereum to reach up to $154,000 by 2030 appeared first on Crypto Briefing.
The U. S. SEC approval of Bitcoin spot ETF earlier in the year and the Ethereum ETF approval a few days ago has triggering massive interest among traditional and institutional investors in the crypto market.
Global digital asset investment products recorded their fourth consecutive week of inflows, totaling $185 million, according to CoinShares’ weekly report. The report stated that these inflows pushed May’s total to $2 billion, bringing the year-to-date inflows to over $15 billion for the first time.
ETH options traders exhibit a bullish stance following US approval of Ethereum ETFs, with a notable shift in market dynamics.
The post Ethereum options traders turn bullish following ETF approval, says Nansen analyst appeared first on Crypto Briefing.
Ethereum’s layer-2 solution Linea is promising greater decentralization after the project’s team manually halted block production in a bid to censor a hacker’s address. Linea, Ethereum‘s zkEVM solution designed to improve scalability with over $1 billion in locked value, has…