Ethereum price continues to show uncertainty, Consensys CEO says SEC aims to stifle crypto innovations

Ethereum News

Ethereum price continues to show uncertainty, Consensys CEO says SEC aims to stifle crypto innovations
SEOCryptocurrencies
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 22 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Ethereum's (ETH) price revealed a continuation of uncertainty among traders on Thursday despite optimism expressed by Grayscale about its spot ETH ETF.

Ethereum co-founder alleges that the SEC aims to stifle innovation through its enforcement actions against Ethereum -related companies. Grayscale CEO says he's optimistic the SEC would approve its spot ETH ETF application. Bloomberg analyst says they're as pessimistic as ever that spot ETH ETFs wouldsee approval in 2024. Ethereum 's price revealed a continuation of uncertainty among traders on Thursday despite optimism expressed by Grayscale about its spot ETH ETF.

He also mentioned that the US election in November is a big variable in determining whether a spot ETH ETF will come to market. Uh, disagree. We are as pessimistic as ever. I mean at some point it could happen, but not within a year IMO. What they say in denial and the Nov election are big variables that could fine tune the outlook tho. Btw he also said they withdrew the '33 Act Ether Futures ETF bc they… https://t.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

SEO Cryptocurrencies

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.

Ethereum uncertainty prevails, ETH products see inflows as SEC Chair waives off ETH classification questionEthereum uncertainty prevails, ETH products see inflows as SEC Chair waives off ETH classification questionEthereum is hinting at a resumption of a sideways movement on Tuesday after seeing inflows for the first time in seven weeks.
Read more »

Ethereum may break out of consolidation as suspected Justin Sun wallet enters buying spreeEthereum may break out of consolidation as suspected Justin Sun wallet enters buying spreeEthereum's (ETH) recent price movement hints at a potential rally despite ETH ETPs recording outflows.
Read more »

Ethereum (ETH) Price Takes Hit as Major Holder Allegedly Cashes OutEthereum (ETH) Price Takes Hit as Major Holder Allegedly Cashes OutEthereum (ETH) allegedly dumped by Ethereum Foundation, again
Read more »

Consensys, a Target for the SEC’s Assault on ETH, Is Fighting BackConsensys, a Target for the SEC’s Assault on ETH, Is Fighting BackDaniel Kuhn is a deputy managing editor for Consensus Magazine. He owns minor amounts of BTC and ETH.
Read more »

Consensys Files Lawsuit Against SEC Over Ethereum RegulationConsensys Files Lawsuit Against SEC Over Ethereum RegulationCrypto Blog
Read more »

Consensys sues SEC, challenging its approach to Ethereum and seeking court interventionConsensys sues SEC, challenging its approach to Ethereum and seeking court interventionConsensys is firing back against the SEC's categorization of ether.
Read more »



Render Time: 2025-02-13 20:42:04