Ether

Ether

Markets

Ether Traders Target $3.5K as ETH Jumps on ETF Expectations

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.

(QuinceCreative/Pixabay)

Markets

Risk Assets Like Bitcoin Are Defying Low Fed Rate Cut Expectations: Analyst

An interest rate cut isn't likely on the table, but risk assets are doing just fine

Fed Chair Jay Powell is set to speak after the central bank held policy steady (Helene Braun/CoinDesk)

Markets

Peter Thiel Made $200M Investment in BTC, ETH Before Bull Run: Reuters

A source said that the investment was split evenly between the two digital assets.

Peter Thiel holding cash (Rachel Sun/CoinDesk)

Opinion

Ether’s Prometheum Test

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.

(Jesse Hamilton/CoinDesk, modified)

Markets

Bitcoin Tops $44K, With Whale Accumulation Suggesting Conviction in More Price Gains

Continuing advances for U.S. stock markets also likely supported risk assets like crypto, with key indices making new all-time highs.

Bitcoin price on February 7 (CoinDesk)

Markets

Ether Tops $2.4K as Cathie Wood's Ark, 21Shares Amend Spot ETH ETF Filing

The updated prospectus brings the spot Ethereum ETF application more "in line" with the recently approved spot BTC ETF prospectus, one analyst noted.

ETH price on February 7 (CoinDesk)

Markets

SEC Delays Another Ether ETF Application

A decision for approving or denying a joint Ether ETF product has been pushed back, in line with analyst expectations.

SEC logo (Nikhilesh De/CoinDesk)

Finance

Genesis Seeks Approval to Sell $1.6B in Bitcoin, Ether Trust Holdings

Nearly $1.4 billion of Genesis’ assets were held in Grayscale Bitcoin Trust (GBTC), which has since converted to a spot exchange-traded fund (ETF).

Sale (Justin Lim/Unsplash)

Markets

Traders Prefer Bitcoin to Ether Despite Developing Spot ETH ETF Narrative

The ether-bitcoin forward term structure is downward sloping structure, which means that traders expect ETH to perform weaker than BTC as time goes by, one trader said.

A SOL block trade bets on big rally (Tumisu/Pixabay)

Markets

NFTs Outpaced Ether's Gains in January

Ether prices are set to close the month just over 2% higher, while major NFT indexes have advanced almost 10%.

Punk #4953 NFT (OpenSea)