Nidhi Kolhapur
Author: Elena R
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
May 23, 2024 15:24
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
Bitcoin and Ethereum are in a balanced state after their recent gains, ahead of the looming VanEck’s ETH ETF approval. Bitcoin traded around $69,500 while ETH is trading at $3,800, while analysts suggest that a bullish outlook prevails. Markus Thielin, the founder of 10x Research, noted that the Grayscale Ethereum’s Trust discount, which is now at 2%, implied at least a 90% probability of ETF approval. Notably, NVIDIA has defeated analysts estimates to report a record revenue of $26.04 billion for Q1.
