18:09 GMT+3 / 13.06.2024
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Ethereum reaches a new level and takes off

frefhforex

Ethereum (ETHUSD) is once again at the peak of the crypto community's interest, and this is no coincidence. Here are a few key events:

1. The breakthrough with the ETF: The U.S. Securities and Exchange Commission (SEC) has finally approved 8 applications for the launch of Ethereum ETFs from giants such as BlackRock and Fidelity. This SEC decision is primarily political and opens the door to new investments from the masses. The Ethereum ETF is expected to raise between $5 billion and $8 billion.

2. Successful network upgrade: The recent Ethereum network upgrade, known as Dencun, has brought significant improvements in scalability and security. These changes, including new opportunities for smart contracts, will make the Ethereum network even more attractive to developers and users, stimulating further growth.

3. Analysts' forecasts fuel interest and encourage confidence: Analysts agree that the approval of an ETF and the successful upgrade of the Ethereum network can significantly affect the value of the second largest cryptocurrency and even stimulate a new "altcoin season", just as the approval of an ETF for Bitcoin in the past led to a significant price increase for a number of crypto pairs. All these factors create optimistic prospects for the cryptocurrency as a whole, attracting the attention of investors and developers. So, if you haven't tried it yet, now is the time to think about investing in the world of cryptocurrencies.

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24 May 2024
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Trading in financial markets with margin financial instruments has a high level of risk and may lead to losses and loss of investment funds. When starting trading, make sure that you are fully aware of all the risks, as well as have the appropriate knowledge and experience for trading.