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Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It's a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications you can use today.

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The cryptocurrency market experienced a significant rally, driven by increased odds of spot Ethereum ETF approval. Bitcoin surged past $71,000, nearing its all-time high, while Ethereum gained over 20%, breaking $3,700. The Nasdaq Composite also closed at a record high, influenced by optimistic analyst calls on NVIDIA Corp. (NASDAQ: NVDA).

Portfolio Pulse from Aniket Verma

May 21, 2024 | 1:38 am

The SEC's recent actions to advance the process for the first U.S. Ether ETF have led to a significant rally in cryptocurrency prices. The SEC instructed asset managers to revise their 19b-4 filings, raising hopes for an Ether ETF approval. This has resulted in an 18% surge in Ether and a more than 5% increase in Bitcoin prices.

Portfolio Pulse from Michael Cohen

May 20, 2024 | 10:12 pm

The U.S. Securities and Exchange Commission (SEC) is accelerating the process for exchanges to update 19b-4 filings for spot Ether (ETH) ETFs. However, approval is not guaranteed as S-1 applications also need to be approved, which could take an indefinite amount of time.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 9:05 pm

Bitcoin surged past $70,000 and Ethereum jumped 12% following news that the odds of spot Ethereum ETF approval have increased to 75%. This development, along with strong inflows into Bitcoin ETFs and a drop in Bitcoin exchange reserves, has led to a bullish sentiment in the cryptocurrency market.

Portfolio Pulse from Khyathi Dalal

May 20, 2024 | 8:13 pm

Bloomberg reporters Eric Balchunas and James Seyffart have increased their odds of a spot Ether ETF approval to 75% from 25%, based on recent chatter suggesting the SEC might reverse its stance on this issue.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 7:27 pm

Oracle's $28B investment in Cerner's AI-driven health records system has backfired, leading to significant financial implications. Li Auto posts weak Q1 results, causing a pre-market decline. MicroStrategy was the top performer among large-cap stocks last week. Tesla faces backlash from European rental companies over plummeting used car values and service issues.

Portfolio Pulse from Akanksha Bakshi

May 20, 2024 | 1:31 pm

Spot Bitcoin ETFs saw a net inflow of $948 million last week, marking a positive trend compared to the past eight weeks. Despite this, Bitcoin remains in a correction phase. The SEC is expected to make a decision on Ethereum spot ETF applications this week, which could significantly impact Ethereum's mainstream adoption. Notable inflows were seen in Grayscale Bitcoin Trust, Fidelity Wise Origin Bitcoin Fund, and iShares Bitcoin Trust.

Portfolio Pulse from Murtuza Merchant

May 20, 2024 | 11:50 am

Vitalik Buterin, co-founder of Ethereum, praised the platform's culture of free speech, but faced backlash from social media users who claimed they experienced censorship. The discussion highlights the importance of open discourse in the blockchain industry.

Portfolio Pulse from Aniket Verma

May 20, 2024 | 2:46 am

Leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced a dip as retail investors took profits from last week's rally. Despite the correction, analysts remain bullish on Bitcoin, predicting a parabolic rise following a consolidation phase. Stock futures also inched higher, with upcoming earnings from AI-based companies like NVIDIA Corp. expected to be positive.

Portfolio Pulse from Aniket Verma

May 20, 2024 | 1:44 am

Veteran trader Unipcs, known as 'Bonk Guy,' shares his strategies for turning small investments into significant wealth through meme coins. He emphasizes the importance of community backing and liquidity in meme coin success. Unipcs remains bullish on Bonk and Floki, highlighting their potential for further growth.

Portfolio Pulse from Murtuza Merchant

May 19, 2024 | 4:05 pm

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