Ethereum (ETH) is expected to see a price increase in the coming weeks, considering the upcoming Bitcoin (BTC) halving and a potential spot ETH approval.
Van Eck's CEO says Ethereum ETFs are less likely to be approved in May because the SEC has remained silent. Following the crypto market correction, Ethereum is down 3.8% as ETH's long liquidations have topped Bitcoin's. EigenLayer's launch on Ethereum Mainnet could add momentum to DeFi's liquid restaking boom. Ethereum is expected to see a price increase in the coming weeks, considering the upcoming Bitcoin halving and a potential spot ETH approval.
56 billion in total value locked since its launch. With its Mainnet launch, Ethereum may experience increased restaking activity in addition to the boom of liquid restaking tokens already making waves on its blockchain. EigenLayer also launched the EigenDA, an actively validated service that aims to address Ethereum's data availability problems by ushering in an era of cost-effective scalability.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ancient Ethereum ICO Participant Suddenly Wakes UpEthereum (ETH) ICO participant has transferred $6.7 million worth of Ethereum (ETH)
Read more »
Ethereum layer 2s to hit $1T market cap by 2030: Van EckEthereum’s layer 2 blockchains are set to capitalize on Ethereum developer’s scalability push.
Read more »
ETH Price Skyrockets as Ethereum Foundation Initiates Sell-offEthereum's soaring price clashes with Ethereum Foundation's puzzling decision to convert ETH into stablecoins
Read more »
Ethereum Price Goes Bullish as Analyst Predicts $5,000 ETHAnalyst predicts Ethereum's potential to hit $5,000 price level
Read more »
Bitcoin (BTC) Eyes New All-Time High, Ethereum (ETH) Trails, Coinbase (COIN) RalliesBitcoin is back above $70k after rallying sharply over the last three sessions. A fresh attempt at a new ATH is likely ahead of April’s halving event.
Read more »
Ethereum (ETH) Price IndexThe Ethereum (ETH) live price today is $3,586, changes over 24H (+4.63%). Current market cap is $429.21 B. All given information about Ethereum (ETH) updated in real-time.
Read more »