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Jerome PowellEthereum (ETH) hit a record price of $4,885 on Coinbase on Friday after a speech by Federal Reserve Chair Jerome Powell suggesting interest rate cuts left traders relieved going into the weekend.The token rose nearly 15% over the past 24 hours as part of a broader rally in financial markets.Nevertheless, ether’s rally stood out among other tokens. Bitcoin was also up, but only by about 4%. The CoinDesk 20 Index, which tracks the broader crypto m…See the Story
Ethereum (ETH) Surges to New All-Time High Amid Likely September Rate Cut
67% Center coverage: 3 sources
Blockchain · United StatesThe post $12B Amplify Files XRP Option Income ETF With SEC appeared on BitcoinEthereumNews.com. Asset manager Amplify, with $12.6 billion in assets under management (AUM), is the latest firm to file for an XRP ETF, providing institutional investors with exposure to the altcoin. However, the XRP Option Income ETF differs from the pending spot applications, which are currently awaiting approval from the SEC. Amplify Unveils XRP Option Income ETF A…See the Story
