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#Write2Earn Ethereum-Related #altcoins❗️ on the Rise as #ETH Climbs to 21-Month Peak Above $2.9K (Market Watch) #MATİC and #OP are among the top performers from the larger-cap alts. ✨ After the relatively quiet weekend in which BTC dipped slightly to under $51,000, the asset has erased most losses and currently sits above $52,000 once again. 📍 Ethereum is among the most notable performers in the past 24 hours, as it has jumped to its highest price tag in nearly two years of over $2,900. 🔖BTC Back Above $52K🔖 ✨ The trading week that closed on February 11 turned out to be BTC’s biggest since October, with a surge of 13%. The past seven days were quite impressive for the primary cryptocurrency as well. 📍It all started with a large uptick on Monday that pushed Bitcoin beyond $50,000. A painful but brief retracement followed on Tuesday when the US announced the latest CPI numbers. ♦️ BTC’s offensive returned later that week, and the asset found itself surging to $52,900 by Thursday for the first time since late 2021. However, it failed to overcome that level and was pushed down to $50,500 on Saturday. $BTC $ETH $OP

#Write2Earn Ethereum-Related #altcoins❗️ on the Rise as #ETH Climbs to 21-Month Peak Above $2.9K (Market Watch)

#MATİC and #OP are among the top performers from the larger-cap alts.

✨ After the relatively quiet weekend in which BTC dipped slightly to under $51,000, the asset has erased most losses and currently sits above $52,000 once again.

📍 Ethereum is among the most notable performers in the past 24 hours, as it has jumped to its highest price tag in nearly two years of over $2,900.

🔖BTC Back Above $52K🔖

✨ The trading week that closed on February 11 turned out to be BTC’s biggest since October, with a surge of 13%. The past seven days were quite impressive for the primary cryptocurrency as well.

📍It all started with a large uptick on Monday that pushed Bitcoin beyond $50,000. A painful but brief retracement followed on Tuesday when the US announced the latest CPI numbers.

♦️ BTC’s offensive returned later that week, and the asset found itself surging to $52,900 by Thursday for the first time since late 2021. However, it failed to overcome that level and was pushed down to $50,500 on Saturday.

$BTC $ETH $OP

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#ETHETFS 📣 Breaking:Grayscale Makes Another Amendment to Ether ETF📑 Grayscale Investments has filed a new amendment to its proposed Ethereum Mini Trust application with the SEC ✍️ ♦️ Crypto assets management firm Grayscale Investments has filed an updated 19b-4 for its Ethereum ETF application. As revealed on X by Bloomberg Senior ETF Analyst James Seyffart, this is the company’s latest update after initially filing one on May 21. 🌐 Grayscale Dotting All Is for Ethereum ETF ⚡ The broader digital currency ecosystem is on the edge as the United States Securities and Exchange Commission (SEC) is expected to greenlight spot Ethereum ETF application this week. Several indices point to the fact that history will be made with the approvals, however, Grayscale Investments is not giving any chances that might fuel any unforeseen errors in its application. ♦️The updated filing hinges on Grayscale’s broad compromise as the firm has removed the “Staking” clause from its broader Spot Ethereum ETF proposals. The focus on the 19b-4 is understandable as in the order of approval, this form is the first the SEC will greenlight in preparation for actual launch. ⚡ With a more opened communication between the SEC and spot Ethereum ETF applicants, the frequent updates may align with feedback from the markets regulator. Notably, Grayscale is one of the oldest crypto investments service providers whose efforts contributed to the launch of a spot Bitcoin ETFs in January. 🌐 Start of a New Era ♦️ With the anticipation of spot Ethereum ETF approval, a new era is likely to commence for the digital currency. While the conversations surrounding its status as a security offerings remains uncleared, the presence of spot Ethereum ETF will change the paradigm for the coin. ⚡ Besides ending the debate surrounding its backing by the regulator, it will also help command the inflow of institutional capital. This will undoubtedly have a major impact on the price of the digital currency just like Spot Bitcoin ETF drove BTC to its ATH. $ETH $BTC
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#MemeWatch2024 Can Pepe (PEPE) Become the Biggest Meme Coin in 2024? #pepe⚡ #shiba⚡ #doge⚡ 🔷 What Are PEPE’s Chances? 🔸The frog-themed meme coin – Pepe (PEPE) – has gained even more popularity in the past few days thanks to its rapid price increase. As CryptoPotato reported, it hit a new all-time high on May 15, whereas its market capitalization neared the $5 billion mark. The surge positioned PEPE as the third-largest in the meme coin realm, trailing behind Dogecoin (DOGE) and Shiba Inu (SHIB). 🔹Other necessary elements include community support and endorsement from influential figures. It is worth noting that a study conducted at the end of last year positioned Shiba Inu (SHIB) as the meme coin with the most solid supporter base, while PEPE was third. 🔸Speaking of support from prominent individuals, one should mention that Dogecoin (DOGE) is the favorite cryptocurrency of Tesla’s CEO, Elon Musk. This might be among the reasons why the asset is the most dominant meme coin. 🔹Not long ago, though, one of the wealthiest people posted a controversial picture on X depicting a frog dressed as a soldier. Some industry participants described the activity as a pro-PEPE move. 🔶 PEPE’s Success in Just a Year 🔹The meme coin saw the light of day in April 2023, turning into a sensation almost immediately. The interest in it rapidly increased in the following months, coinciding with its price rally and support from leading cryptocurrency exchanges. 🔸Some giants allowing trading services with PEPE include Binance, Bybit, OKX, Coinbase, Bitget, and many more. 🔹The token’s impressive ascent in a short period of time enabled savvy traders to make substantial profits. However, investors should also keep in mind the volatile nature of PEPE and the entire meme coin sector before entering the ecosystem, as they may experience devastating losses. $PEPE $SHIB $DOGE
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