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VanEck drops new Ethereum ETF ad within an hour of SEC approval

Cointelegraph·2024/05/23 23:46

Ethereum Price Prediction as SEC Approves Ethereum ETFs – Where is ETH Headed Next?

Cryptonews·2024/05/23 23:42

Japan’s Metaplanet Stock Skyrockets 158% After Adopting Bitcoin Strategy

The TSE suspended trading of Metaplanet’s stock for two consecutive days, prompted by a substantial increase in price.

Cryptopotato·2024/05/23 23:22

Fantom unveils Sonic Foundation for new Sonic Chain

Cointelegraph·2024/05/23 23:01

SEC rule approvals set stage for spot ether ETF launches

After accelerating conversations with issuers, the SEC took a step toward allowing ETH funds to launch

Blockworks·2024/05/23 22:37

Breaking: SEC Grants Approval for Eight Ethereum ETFs in Landmark Decision

Cryptonews·2024/05/23 22:35

Crypto stock sell-off a 'modest retrenchment' amid spot Ethereum ETF hype, analyst says

The stocks of several spot bitcoin ETFs and bitcoin miners fell Thursday.The sell-offs may be a blip on the radar, according to a Benchmark analyst.Following today’s market close, the SEC approved eight spot Ethereum ETFs.

The Block·2024/05/23 22:25

With Ethereum ETFs now approved, how long until they go live?

Eight Ethereum ETFs were approved earlier today in an omnibus order.However, it may be weeks or even months before the S-1 registration statements are approved and the products are made available for trading.

The Block·2024/05/23 22:25

ETH 'bucking' crypto market downturn thanks to spot ether ETF excitement, analysts say

While outside forces depressed the crypto market, spot ether ETF mania helped sustain ether past a dip.

The Block·2024/05/23 22:01

SEC approves 8 Ethereum ETFs including BlackRock and Fidelity

The SEC has approved eight spot Ethereum ETFs in an omnibus order.This comes just four months after the agency approved spot Bitcoin ETFs for the first time.

The Block·2024/05/23 21:28

Flash

09:40

Strategist: The normalized profitability level of Micron may have risen significantly

Golden Ten Data reported on June 25 that Micron stated that once all supply agreements are completed, contracts signed at fixed prices or with a cap close to current levels are expected to account for about 40% of its revenue. At the same time, these contracts also include price floors, with Micron saying this will result in gross margins “well above” the peak of any previous cycle. “This data is important evidence for the memory supercycle theory, but I would not permanently overvalue Micron simply because of an all-time high annualized gross margin,” said Futurum Chief Market Strategist Shay Bolor. “The right understanding is not that cyclicality has disappeared, but that its normalized profitability level may have risen significantly, and the next downturn cycle may be more protective than investors have previously come to expect.”

09:39

Bank of America revises Bank of England rate cut forecast, now expects a 0.25% cut in November 2027

Bank of America has adjusted its forecast for the Bank of England’s rate cut path, now expecting a 0.25% rate cut in November 2027, compared to the previous prediction of three rate cuts.

09:38

US stocks movement | Zhongchi Vehicle Solutions surges 72.8% pre-market, $5.25 million financing eases capital pressure

Gelonghui June 25｜Auto parts e-commerce platform Zhongchi Chafu surged 72.8% in pre-market trading. According to reports, Zhongchi Chafu recently completed a round of financing by issuing a prepaid promissory note to an institutional investor, which will bring the company up to $5.25 million in total proceeds. Additionally, under the agreement, the investor has the right to request the company to issue an additional $2.5 million prepaid promissory note within 21 months after the transaction is completed. This financing announcement was interpreted by the market as a positive signal to ease the company's cash pressure, support its business transformation, and strategic expansion, directly boosting the stock price.

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Bank of America revises Bank of England rate cut forecast, now expects a 0.25% cut in November 2027

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