Ethereum Jumps As Odds of ETF Approval Increased to 75%
Ethereum spiked above $3,300, up 10% in minutes, as Eric Balchunas, an ETF analyst at Bloomberg, increased the chances the ethereum spot ETFs are approved this week to 75%, up from 25%.
ETHE Enters Agreement With BNY Ahead of ETF Decision
The Grayscale Ethereum Trust (ETHE) has entered an agreement with The Bank of New York Mellon (BNY) according to a filing with the Securities and Exchanges Commission (SEC).
A decision by the Securities and Exchanges Commission (SEC) on ethereum spot ETFs is due next week starting on Monday with recent developments changing speculations from a guaranteed denial to a maybe approval.
President Joe Biden made history yesterday by, for the first time, making a crypto specific legislative announcement that he will veto a somewhat bipartisan bill.
Speculation Rises Over Yuan Sharp Devaluation As China Stockpiles Gold
"The renminbi will be the weakest link" says George Magnus, a research associate at Oxford university’s China Centre and a former chief economist at UBS.
Robinhood has announced that it received a Wells Notice by the Securities and Exchanges Commission (SEC) last week following a year long investigation.