Ethereum ETF Approval Odds Discussed Amid Tether Freeze and Rollblock Presale Frenzy
May 19, 2024Coinbase 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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Sources
AMBCrypto • May 18, 2024
Predicting how ETH will react IF the SEC approves Ethereum ETFsThe Daily Hodl • May 19, 2024
Coinbase Research Says ‘Surprise to the Upside’ Possible for Ethereum ETF Decision – Here’s Why - The Daily Hodl