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Stories published on May 29
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  • Stories published on May 29

Wednesday, May 29

23

Bitcoin, Ethereum, Dogecoin Grind Lower; Shiba Inu Outperforms: 'Price Rallied For 1 Year After Election,' Trader Says

www.benzinga.com

Cryptocurrency markets traded within a tight downward range on Wednesday, as traditional markets had a rocky trading day with increased volatility.

21

Wall Street Sees Ethereum Hitting $14,000 in 2025

oilprice.com

A month and a half after we first observed that the world's largest bitcoin fund, Grayscale's GBTC, had lost more than half of its assets since the approval of spot bitcoin ETFs in January in what was the year's first, and far less…

19

Gold Vs. Silver Analogy: Here Is Why Spot Bitcoin ETFs Will Continue To Attract Volumes That Are Orders Of Magnitude Higher Than Their Ethereum Counterparts

wccftech.com

With the SEC granting an in-principal approval to spot Ethereum ETFs last week, many expect these Ether-denominated investment vehicles to replicate the extraordinary success of their Bitcoin-based counterparts. However, based on the gold…

18

Ethereum ETF Approval, Bitcoin Consolidation Signal Strong Crypto Market: Glassnode

www.benzinga.com

On-chain analytics platform Glassnode sees the Bitcoin (CRYPTO: BTC) consolidation near its all-time high and Ethereum‘s (CRYPTO: ETH) ETF-induced surge as promising read more

Bitcoin, Ethereum Prices Could Rally Thanks To Central Bank Liquidity Injections, Says Macro Analyst

www.benzinga.com

Bitcoin investor Preston Pysh and macro researcher Luke Gromen recently explored how central banks’ maneuvers to manage liquidity are impacting financial and crypto markets.

16

PayPal adds its PayPal USD stablecoin, launched on Ethereum in August 2023 and issued by Paxos, to Solana; PYUSD currently has a nearly $400M market cap (Hannah Miller/Bloomberg)

www.techmeme.com

PayPal adds its PayPal USD stablecoin, launched on Ethereum in August 2023 and issued by Paxos, to Solana; PYUSD currently has a nearly $400M market cap — - The payments company launched PYUSD on Ethereum in August — PayPal chose Solana…

15

12

Cathie Wood's Ark Sees 'Great Legislative Breakthroughs' For Crypto If FIT21 Sails Smoothly In Senate And Ethereum ETFs Start Trading

www.benzinga.com

Cathie Wood-led Ark Invest hailed the bipartisan support extended to the recently passed cryptocurrency bill in the House of Representatives, terming the development at the peak of the election campaign striking.

10

Ethereum-Based DeFi Lending Protocol Aave All Set To Launch Its Own Blockchain, CEO Hints At 2025 Timeline

www.benzinga.com

DeFi lending and borrowing protocol Aave (CRYPTO: AAVE) is reportedly planning to launch its own blockchain after its upcoming V4 upgrade.

Ethereum due for new all-time high as countdown to Ether ETF nears end

cointelegraph.com

Ether is due to be the next crypto to pass its current record peak, a popular crypto market analyst believes.

09

Ethereum ETFs to be Web3 growth ‘call option’ — Crypto analyst

cointelegraph.com

Ether has a “much larger addressable market” than Bitcoin as it could be considered a bet on the entire Web3 industry, claims a crypto analyst.

07

Crypto Recap: Ethereum (ETH) ETFs, Fit21Bill, Rollblock (RBLK) Nears Stage 3 Presale, Bitcoin (BTC) Breaks Above $70K

punchng.com

Ethereum (ETH) has seen a major increase recently as US regulators approved eight issuers of Spot Ethereum exchange traded funds (ETFs) after an elongated waiting period. Bitcoin (BTC) also reclaimed the $70,000 threshold and rose above it…

05

Shiba Inu, Dogwifhat Post Double-Digit Gains As Memecoins Shrug Off Dips In Bitcoin, Ethereum: What's Going On?

www.benzinga.com

On a day when blue-chip currencies dipped lower, memecoins continued to show strength, led by Shiba Inu and dogwifhat.

Ethereum Rally Pauses But Isn’t Over: What’s Next for ETH?

www.actionforex.com

Key Highlights Ethereum started a fresh rally toward the $4,000 zone after ETH ETFs were approved by the SEC. ETH price is facing resistance near $3,950 on the 4-hour chart. Bitcoin price corrected gains from the $72,000 resistance. Oil…

Bitcoin, Dogecoin, Ethereum Slide Over Fears Of Mt. Gox's Billion-Dollar Transfers: King Crypto Consolidation Likely Between $60K-$70K, Says Analyst

www.benzinga.com

The cryptocurrency market edged lower on Tuesday as Mt. Gox's Bitcoin transfer worth billions of dollars kept investors largely averse.

04

Ethereum Futures Open Interest Hits All-Time High Following ETF Approvals

news.bitcoin.com

Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately…

01

Tuesday, May 28

00

EXCLUSIVE: Will Ethereum ETFs Lead To New All-Time Highs? 50% Of Holders Say They Would Sell At This Price

www.benzinga.com

The cryptocurrency market continues to see increased interest in 2024 from new investors. The door could be open for new investors to gain exposure to cryptocurrency Ethereum (CRYPTO: ETH) after the U.S.

5 things Ethereum ETFs could mean for altcoins

cointelegraph.com

What will Ethereum ETFs mean for your favorite altcoin projects? Some will clearly benefit, but others — like Solana — may lose.