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Market Cap$ 2.53T+0.73%
24h Spot Volume$ 26.17B-40.7%
DominanceBTC51.40%-0.60%ETH16.88%+1.64%
ETH Gas3 Gwei
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MainNewsCrypto Marke...

Crypto Market Eyes Ether ETF Approval: Lubin Cautions on Supply Constraints


May, 22, 2024
1 min read
by CoinEdition
  • Joe Lubin warns of a potential Ether shortage with the launch of the Spot Ether ETF, raising supply concerns.
  • Bloomberg analysts increase Ether ETF approval odds to 75%, signaling a significant shift in market sentiment.
  • ETH sees a substantial surge, trading at $3,757 with 27% of the supply staked, highlighting growing market interest.

Ethereum co-founder Joe Lubin has warned of a potential scarcity in the Ether (ETH) supply following the launch of the Spot Ether ETF. While anticipation of the ETF launch grows, Lubin asserted that the “floodgate” of ETH demand might lead to a significant shortage in supply.

Though the community was initially pessimistic about the SEC’s decision on Ether ETFs, reports suggest a potential approval of nine Ether ETF issuers’ applications this week. Meanwhile, Bloomberg’s ETF analysts Eric Balchunas and James Seyffart raised their odds of Ether ETF approval from 25% to 75%.

The post Crypto Market Eyes Ether ETF Approval: Lubin Cautions on Supply Constraints appeared first on Coin Edition.

Read the article at CoinEdition

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Fed Signals Rate Cut by 2024, Bitcoin Investors Eye Potential Gains

Fed Signals Rate Cut by 2024, Bitcoin Investors Eye Potential Gains

The Federal Reserve has signaled its intent to cut interest rates before the end of 2...
Jun, 13, 2024
1 min read
by CoinEdition
LEAKED: Biden Admin to Attend Bitcoin Roundtable With Key Congressional Officials in DC

LEAKED: Biden Admin to Attend Bitcoin Roundtable With Key Congressional Officials in DC

The proposed meeting, led by U.S. Congressman Ro Khanna, is set to discuss how to kee...
Jun, 15, 2024
2 min read
by Bitcoin Magazine
MainNewsCrypto Marke...

Crypto Market Eyes Ether ETF Approval: Lubin Cautions on Supply Constraints


May, 22, 2024
1 min read
by CoinEdition
  • Joe Lubin warns of a potential Ether shortage with the launch of the Spot Ether ETF, raising supply concerns.
  • Bloomberg analysts increase Ether ETF approval odds to 75%, signaling a significant shift in market sentiment.
  • ETH sees a substantial surge, trading at $3,757 with 27% of the supply staked, highlighting growing market interest.

Ethereum co-founder Joe Lubin has warned of a potential scarcity in the Ether (ETH) supply following the launch of the Spot Ether ETF. While anticipation of the ETF launch grows, Lubin asserted that the “floodgate” of ETH demand might lead to a significant shortage in supply.

Though the community was initially pessimistic about the SEC’s decision on Ether ETFs, reports suggest a potential approval of nine Ether ETF issuers’ applications this week. Meanwhile, Bloomberg’s ETF analysts Eric Balchunas and James Seyffart raised their odds of Ether ETF approval from 25% to 75%.

The post Crypto Market Eyes Ether ETF Approval: Lubin Cautions on Supply Constraints appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Fed Signals Rate Cut by 2024, Bitcoin Investors Eye Potential Gains

Fed Signals Rate Cut by 2024, Bitcoin Investors Eye Potential Gains

The Federal Reserve has signaled its intent to cut interest rates before the end of 2...
Jun, 13, 2024
1 min read
by CoinEdition
LEAKED: Biden Admin to Attend Bitcoin Roundtable With Key Congressional Officials in DC

LEAKED: Biden Admin to Attend Bitcoin Roundtable With Key Congressional Officials in DC

The proposed meeting, led by U.S. Congressman Ro Khanna, is set to discuss how to kee...
Jun, 15, 2024
2 min read
by Bitcoin Magazine