Franklin Templeton, a prominent Wall Street titan and asset manager, has recently made a significant move by applying for an Ethereum Spot Exchange-Traded Fund (ETF) with the United States Securities and Exchange Commission (SEC). This decision comes on the heels of a prior struggle to obtain approval for their Bitcoin Spot ETF earlier this year.
Ethereum
As the legendary Solana meme coin BONK experiences a minor localized price drop, holders are starting to question the future of this token. The recent trading volume surge for BONK, which led to it flipping Ethereum-based SHIB in 24-hour trading volume, has sparked some positive developments in the BONK ecosystem. Despite the volatile price action,
In a recent turn of events, Jeffrey Wilcke, co-founder of Ethereum, made a significant deposit of 4,300 ETH to a cryptocurrency exchange. This deposit, amounting to a total of 22,000 ETH valued at approximately $41.1 million, has sparked renewed interest and excitement in the market. Despite the substantial nature of this deposit, the overall trend
Bitcoin has continued its upward trend this week, reaching a new monthly peak of $48,600. After a period of stability following last week’s volatility, the bulls took over the market and pushed the price above $47,000 by the end of the week. The weekend saw even more positive movement, with Bitcoin surging to $48,600 for
Bitcoin has shown significant positive momentum in the past 24 hours, reaching above $48,000 and setting a new monthly peak. This surge in price comes after a week of relatively stable trading, with the asset hovering around $43,000. However, things started to change mid-week when Bitcoin broke out of its tight trading range and surged
The options market for Ethereum (ETH) is displaying an interesting pattern, particularly in the concentration of call options around the $4,000 strike price for both the June and September expiries. Traders seem to be heavily focused on the possibility of ETH reaching or surpassing $4,000 by these upcoming dates. This accumulation of call options at