Jump in Ether’s Relative Strength Index Warrants Your Attention. Here is Why
Ether’s 14-week RSI has topped 70, a threshold that marked previous parabolic bull runs.
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Ether’s 14-week RSI has topped 70, a threshold that marked previous parabolic bull runs.
Several traditional financial firms are vying for an ether exchange-traded fund in the U.S., a move that is boosting the token’s medium-term outlook.
An interest rate cut isn’t likely on the table, but risk assets are doing just fine
The CoinDesk 20, a liquid index of the top twenty cryptocurrencies, rose 4% in the past 24 hours.
A source said that the investment was split evenly between the two digital assets.
ERC-404 allows multiple wallets to directly own a single NFT, and, in the future, create a use case where that specific exposure can be tokenized and used to take out loans or stake holdings.
The “only U.S.-registered crypto securities platform” is listing ETH in a bold test of the U.S. Securities and Exchange Commission’s thesis that most cryptocurrencies are securities.
BTC broke above $44,000 for the first time since Jan. 12, the day after the spot ETF debuts.
The updated S-1 document brings the spot Ethereum ETF application more “in line” with the recently approved spot BTC ETF prospectus, one analyst noted.
A decision for approving or denying a joint Ether ETF product has been pushed back, in line with analyst expectations.