Ethereum is up 2.3% on Wednesday as investors continue buying the dip in hopes of a rally following the launch of spot ETH ETFs. However, other key metrics like break-even prices and Golem sales provide a deeper understanding of what to expect as the launch draws nearer.
Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam spoke at the Senate Committee hearing, stating that 70 to 80% of cryptocurrencies are not securities.
Ripple (XRP) traders are awaiting the final ruling in the US Securities and Exchange Commission (SEC) lawsuit against the payment remittance firm. A pro-crypto attorney, Fred Rispoli, informed market participants that a ruling is likely by July 31 2024, through a tweet on X.
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