Tag: ETH

Analysts are predicting a major rally for Ethereum (ETH), with some expecting the price to reach $10,000 in this market cycle

In their July 2 report, analysts from K33 Research, Vetle Lunde and David Zimmerman described the Ether ETFs as a "golden egg" for ETH.

The approval of the Prometheum ETH custody service as a security, despite its disputed classification, has added fuel to the controversy.

There are eight proposed spot ETH ETF applications awaiting approval by the SEC, with hopes lingering for other altcoins to follow suit. 

CFTC Chair, Rostin Behnam, emphasized that both Bitcoin and Ether are commodities, stating, “Both Bitcoin and Ether are commodities."