-
Ethereum Price Forecast: Can ETH Reach $4,000 in May 2024?
Ethereum price has slid 7% in the last 48 hours, breaking below the $3,000 mark on Wednesday, May 8, amid intense speculations surrounding ETH ETF speculations. However, spikes in ETH network usage suggest a major rebound phase lies ahead. Grayscale Pulls Ethereum Futures ETF Application: On May 7, Grayscale, the world’s largest cryptocurrency asset manager announced the decision to withdraw its application for Ethereum futures ETFs ahead of SEC decision. chart Grayscale’s Grayscale’s decision to withdraw ETH Futures ETF application now adds a layer of uncertainty to the prospects of SEC approving spot ... (full story)