Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»Ethereum pays attention to ETF verdicts, DeFi events amid market fluctuations.
EXCHANGE NEWS

Ethereum pays attention to ETF verdicts, DeFi events amid market fluctuations.

By Crypto FlexsMay 20, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum pays attention to ETF verdicts, DeFi events amid market fluctuations.
Share
Facebook Twitter LinkedIn Pinterest Email

Ethereum (ETH) is above $3,000. It is listed at $3,086.75, down 0.89% in the last 24 hours. The market expects prices to fluctuate several times before reaching a peak. The US SEC could issue a ruling on the Spot Ether ETF this week. However, this is just speculation, and the US SEC is likely to issue an actual ruling sometime later this year.

One advancement the Ether ETF has made is that it now has a chance at being approved by the SEC. 19b-4. However, there is still a lack of engagement between agencies and applicants for ETF products, which is likely to delay S-1 approval. The SEC must agree to both forms. Only then will the Spot Ether ETF be listed on exchange platforms and available for trading by interested investors.

Early rumors suggest a ruling could be handed down this week. Therefore, Ethereum will remain in the public eye until the end of the week.

Aether is not the only candidate. Advances in DeFi are putting the entire sector in the spotlight. For example, Nvidia will likely report earnings on May 22, 2024. This could spark renewed interest among market investors. This will be a follow-up to the Chiliz Dragon8 hard fork event scheduled to be held on May 21, 2024.

There are two ETF approval deadlines this week. May 23rd is reserved for VanEck approval and the following day is the Ark 21Shares approval deadline. If it is favorable, it will simultaneously trigger a significant rally across altcoin markets, especially those based on Ethereum. These include Ethereum Classic, Polygon, and Mantle, among others.

Ethereum price has been falling over the past 24 hours, but at the time of writing, it has surged 5.77% over the past 7 days and 0.93% over the past 30 days. The 24-hour trading volume also increased by 30.73%, and the market capitalization fell by 0.75%.

Bitcoin is currently trading at $66,796.35 at the time of writing, surpassing $66,000. This means it is down 0.66% in the last 24 hours, but up 8.49% in the last 7 days and up 4.26% in the last 30 days. ETH is testing resistance at $3,100 and BTC is testing $66,000. A further decline in these values ​​is likely to lead to a long-term downward trend.

The Ether community is keeping an eye on BTC trends, as evidenced by ETF application approvals. If any hints arise, ETH is set to follow an upward trajectory. However, there may be price adjustments initially.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Acurast launches ‘Staked Compute’ and challenges AWS, Azure and Google Cloud using the distributed smartphone network.

September 3, 2025

Bitcoin Price Posts for 5 consecutive August losses: Will Michael Saylor react?

August 31, 2025

Pudgy Penguins

August 28, 2025
Add A Comment

Comments are closed.

Recent Posts

The cryptocurrency is falling when the tokens and stocks connected to Trump are under pressure.

September 5, 2025

Cango Inc. Reports Second Quarter 2025 Unaudited Financial Results

September 5, 2025

Coindesk July 2025 Report: Stablecoins and CBDC

September 5, 2025

NOWPayments To Participate In SiGMA Europe Rome 2025

September 4, 2025

Web3 Enabler Announces Blockchain Payments V3.1 At Northeast Dreamin In Boston

September 4, 2025

Is XRP The Dark Horse Of The Cryptocurrency World? Earn 652 XRP Daily Using Invro Mining’s Smart Contract

September 4, 2025

TRX Was Early, ETH Set The Standard, BNB Built The Scale- Now SYC Brings The Next Evolution

September 4, 2025

Sign Up And Receive $500 Bonus, Ushering In A New Era Of Compliant And Secure Crypto Investment

September 4, 2025

Why experts say that 99%of the traders are wrong

September 4, 2025

ChainUp Named Double Finalist At Thomson Reuters’ ALB Pan-Asian Regulatory Awards 2025

September 4, 2025

Integrated security classes can accelerate the adoption of institutional passwords.

September 4, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

The cryptocurrency is falling when the tokens and stocks connected to Trump are under pressure.

September 5, 2025

Cango Inc. Reports Second Quarter 2025 Unaudited Financial Results

September 5, 2025

Coindesk July 2025 Report: Stablecoins and CBDC

September 5, 2025
Most Popular

Floki Eyes 120% Rally Valhalla launches $ 10K prizes after explosive weekly growth

July 13, 2025

Avarik Labs launches Red Covenant, a strategic mobile RPG with blockchain integration.

February 17, 2025

Bitcoin and Binance Coin (BNB)

December 5, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.