Global #eth

Ethereum's price is rising again, surpassing the $3,800 resistance level. Currently, ETH is consolidating around $3,850, with potential for a breakout above $4,000 soon.

The creators of the Mollars token presale and project have recently published a compelling report through their official X profile. Previous reports indicated that the "MOLLARS" brand is attracting search interest from crypto traders comparable to tokens like Bonk Inu (BONK) and Pepe (PEPE).

Ethereum (ETH) has stood out amidst a downturn in the overall crypto market, thanks to the recent approval of eight spot Ether exchange-traded funds (ETFs) by the SEC. This approval has reignited investor enthusiasm and positivity.

VanEck's proposed spot Ethereum ETF, with the ticker $ETHV, has been listed on the Depository Trust and Clearing Corporation's (DTCC) new securities list, following the release of amended 19b-4 forms by Cboe. Despite this important milestone, approval from the US Securities and Exchange Commission (SEC) is still pending and not guaranteed.

The cryptocurrency industry is eagerly awaiting May 23, when the US Securities and Exchange Commission (SEC) is scheduled to announce its decision on VanEck's spot ETH exchange-traded fund (ETF) application, followed by ARK 21Shares' decision on May 24.

Several prominent cryptocurrency analysts have recently expressed bullish sentiments regarding Ethereum ($ETH), the second-largest cryptocurrency by market capitalization.

According to Glassnode's recent newsletter "The Week On-Chain" dated May 7, Ethereum's Ether (ETH) has demonstrated comparatively weaker performance in this market cycle when compared to Bitcoin (BTC), which is currently priced at $62,988.

Mr. Huber, a well-known figure in the crypto community, believes that ConsenSys' recent court filing requests are excessive.

The price of ether increased above $3,300. ETH has began a precipitous fall below $3,300 after testing the $3,350 resistance.

Over the past few weeks, prominent cryptocurrency investors, also referred to as "whales," have been adding over $500 million worth of Ethereum ($ETH), the second-largest cryptocurrency by market capitalization, to their holdings.

In the past seven days, not only has the price of NEAR Protocol [NEAR] easily outperformed Ethereum [ETH], but it has also outperformed the blockchain in numerous other areas.

In the middle of the bipartisan Lummis-Gillibrand Payment Stablecoin Act that was just introduced, well-known Ethereum [ETH] community member Ryan Berckmans provided an interesting viewpoint.