Ethereum ETF Approval Odds Discussed Amid Tether Freeze and Rollblock Presale Frenzy

May 20, 2024
Ethereum ETF Approval Odds Discussed Amid Tether Freeze and Rollblock Presale Frenzy
  • Coinbase analyst David Han and Bloomberg analyst Eric Balchunas predict a 30-40% chance of approval for Ethereum ETFs by the U.S. SEC, with Balchunas setting the odds at 35%.

  • Bloomberg analysts believe the SEC will likely reject spot Ethereum ETFs due to potential securities classification for ETH.

  • Tether freezes $5.2 million in USDT linked to money laundering, impacting the crypto market.

  • Rollblock's (RBLK) presale stage 1 sells out quickly, showing high investor interest in its GambleFi protocol.

  • Analysts predict RBLK could soar to $5 by the end of the year, positioning it as a top new DeFi project to watch.

  • Traders are cautiously preparing for potential price moves in Ethereum.

  • RBLK's promising future and the SEC decision's impact on ETH price make them key players in the market.

Summary based on 4 sources


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