Options 101: The Beginner’s Guide
Want to become an options master? In his free report, options expert Nic Chahine will give you access to the four bulletproof tips for beginners, the secret to scoring 411% gains with options, and his time-tested “plan” for success. Grab your free copy of Options 101: The Beginner’s Guide ASAP.
An Ethereum (CRYPTO: ETH) address that stood inactive for eight and a half years sprang to life as it transferred 2000 ETH, worth approximately $506,140, Etherscan data confirms.
What Happened: The reactivated wallet held ETH that cost between $0.42 to $1.39 back when the cryptocurrency was in its early days.
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This comes amid optimism regarding the potential of an ETH exchange-traded fund (ETF). ETH is up 17% in the last seven days, trading at $2,511. This means the price of ETH has increased by approximately 180,558.27% from its mining days.
See More: Dogecoin HODLERs Are Beating Shiba Inu With 57% Landing In Profits, IntoTheBlock Data Reveals
Why It Matters: Larry Fink, the CEO of BlackRock, said in his recent interview with CNBC. “I see value in having an Ethereum ETF. As I said, these are just stepping stones towards tokenization.”
Vance Spencer, a crypto venture capitalist with roots in Netflix, outlines several key achievements he believes the blockchain industry could hit within the next couple of years. He took to his X platform, to share insights on what’s imminent: the fourth Bitcoin (CRYPTO: BTC) halving, the sanctioning of an Ethereum ETF, and a surge in the institutional embrace of cryptocurrencies by 2024. He said that the path of crypto at this juncture should be approached as “a marathon, not a sprint.”
However, the path to approval may not be hurdle-free. TD Cowen, an investment bank, suggests that the SEC is likely to stall any decision on Ethereum ETFs, at least until the May approval deadline.
Price Action: At the time of writing, BTC was trading at $42,544 down 0.41% in the last 24 hours, according to Benzinga Pro.
Read Next: Here’s How Much You Should Invest In Shiba Inu Today For A $1M Payday If SHIB Hits 1 Cent?
Options 101: The Beginner’s Guide
Want to become an options master? In his free report, options expert Nic Chahine will give you access to the four bulletproof tips for beginners, the secret to scoring 411% gains with options, and his time-tested “plan” for success. Grab your free copy of Options 101: The Beginner’s Guide ASAP.
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