Ethereum

when

<ul class="news-points">
 <li><strong>Ethereum signals an upside breakout following the SEC’s ETF approval.</strong></li>
 <li><strong>ETH surged 6.39% over the weekend to retest post-ETF approval levels.</strong></li>
 <li><strong>PEPE, BONK, FLOKI, and BOME surge following Ethereum’s recent rally.</strong></li>
</ul>
<p>Ethereum, the second-largest cryptocurrency by market capitalization, has shown signs of an upward trajectory following the U.S. Securities and Exchange Commission’s (SEC) approval of Ethereum exchange-traded funds (ETFs). ETH rose by 6.39% over the weekend to approach the post-ETF approval price of May 23, when the SEC announced its approval for firms seeking to launch Ethereum ETFs.</p>
<p>TradingView’s data indicated that Ethereum’s resurgence pushed the leading altcoin above $3,900 in the early hours of today, following two days’ consecutive positive daily closes. Today’s rally means Ethereum has gained nearly 30% in the past seven days, bolstered by last Monday’s single-day 20% surge, three days before the ETF approval.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/ETH?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#ETH</a> has climbed back above $3,900. Will we see $4K? today <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/pD4CqmBmTo" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/pD4CqmBmTo</a></p>— Cointelegraph (@Cointelegraph) <a href="https://twitter.com/Cointelegraph/status/1794920873503388131?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 27, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Following the cryptocurrency’s recent surge, analyst Matthew Hyland <a href="https://x.com/MatthewHyland_/status/1794888421338706393" target="_blank" rel="noopener noreferrer nofollow">noted in a post</a> …</p>
<p>The post <a href="https://coinedition.com/ethereum-breaks-out-as-sec-greenlights-etfs-memecoins-soar/" rel="noopener noreferrer nofollow">Ethereum Breaks Out as SEC Greenlights ETFs, Memecoins Soar</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Ethereum Breaks Out as SEC Greenlights ETFs, Memecoins Soar

Coin Edition

المزيد من المقالات نُشرت في ٢٧ مايو ٢٠٢٤

Victim Recovers Stolen Ethereum

EthosX Launches New Perpetual Options Product

Robert Kiyosaki Slams Bonds’ Safety, Advocates Buying Bitcoin

Apu Memecoin Soars, Reaching 11,600 Token Holders with Strong Community Support

Jenner Token Launch Plagued by Doubts: Hack or Deepfake?

Analyst Who Predicted the 2021 Shiba Inu (SHIB) Rally Identifies 3 Cryptocurrencies to Watch in 2024

انضم إلى مجلتنا الإخبارية المجانية لآخر تحديثات مجال العملات المشفرة يوميًا.