ETF Approvals Delayed, ETH Price Surge Predicted
Standard Chartered's Market Outlook
In a recent report, Standard Chartered expressed skepticism about the imminent approval of ETFs holding Ethereum's Ether (ETH) coin. Despite this, the bank anticipates a significant price increase for ETH, forecasting a potential surge to $4,000 by May 23.
Upcoming Events and SEC Deadlines
The blockchain community eagerly awaits the 10th Annual Decentralizing the Future Conference, scheduled for May 29-31 in Austin, Texas. Meanwhile, the Securities and Exchange Commission (SEC) is facing a series of crucial deadlines this week regarding ETF approvals and denials.
Whale Movement Sparks Speculation
A significant transaction involving the transfer of 15,000 ETH to the Kraken crypto exchange has caught the attention of the crypto community. The movement has sparked speculation about potential market movements or whale activity.
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