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Author Topic: How will ETH fare throughout the year 2024?  (Read 3161 times)

Offline elbans89

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Re: How will ETH fare throughout the year 2024?
« Reply #45 on: March 24, 2024, 05:09:38 PM »
More precisely, the price of Ethereum depends on the price of bitcoin, because the price of bitcoin will influence the crypto market. If the price of bitcoin rises as it is now, then demand for Ethereum will rise, and the price of Ethereum will also rise.that's the reality.
I agree with what you say, but when an ETF occurs, is what you say still in accordance with the conditions of the exchange or not because when an ETF is approved, demand in the market will increase and the price will become expensive and of course this will have an influence on price movements Ethereum may not depend on Bitcoin anymore.
The ETF did provide a surprise for the cryptocurrency market, including when the ETF first accepted Bitcoin, which made the price of Bitcoin soar. If the ETF accepts Ethereum to enter its trading, the price of Ethereum has the potential to reach $10k.

But the problem is, will the SRC approve it or not? because until today we have not heard the good news that the ethereum ETF has been approved. If the ethereum ETF is approved, an ethereum price increase of up to $8K-$10K is still reasonable.
« Last Edit: March 24, 2024, 05:19:48 PM by elbans89 »
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Re: How will ETH fare throughout the year 2024?
« Reply #45 on: March 24, 2024, 05:09:38 PM »

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Offline LogitechMouse

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Re: How will ETH fare throughout the year 2024?
« Reply #46 on: March 24, 2024, 06:22:25 PM »
I think Ethereum will surpass $4000 in the year 2024. Ethereum is a stable coin that does not rise in value easily and does not fall in value easily. It is expected that the year 2024 will bring good results for Ethereum and the price of Ethium will increase further this year. I think the bull market upside can be seen in Ethereum as well.
Just for context, Ethereum isn't a stable coin. You can say that it isn't as volatile as other altcoins out there because of the huge market cap, but it's price isn't stable like USDC, Tether and more.

Anyway, the $4000 price has been reached a few weeks ago and we it happened even though the halving event isn't happening yet. Like Bitcoin, it's price increased because many investors got FOMOed since Bitcoin's price reached new ATH. This year, it will not only Ethereum that will good profits, but most of the altcoins since we are entering the bull run phase (hopefully). Just invest into Bitcoin, and some altcoins out there like Ethereum, and you will have a high chance of getting profit by the end of the year. Just remember to have a selling strategy, and don't hold your assets forever. :)

Offline EthereumDev_

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Re: How will ETH fare throughout the year 2024?
« Reply #47 on: March 26, 2024, 02:16:46 PM »
But the problem is, will the SRC approve it or not? because until today we have not heard the good news that the ethereum ETF has been approved. If the ethereum ETF is approved, an ethereum price increase of up to $8K-$10K is still reasonable.
The SEC is currently still delaying Ethereum and it is possible that if Ethereum does not immediately provide a solution then the SEC will cancel Ethereum's application to enter the ETF, because it seems that many are afraid to enter Ethereum and think twice before deciding to provide support to Ethere

Offline de_prof

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Re: How will ETH fare throughout the year 2024?
« Reply #48 on: April 09, 2024, 05:20:36 PM »
But the problem is, will the SRC approve it or not? because until today we have not heard the good news that the ethereum ETF has been approved. If the ethereum ETF is approved, an ethereum price increase of up to $8K-$10K is still reasonable.
The SEC is currently still delaying Ethereum and it is possible that if Ethereum does not immediately provide a solution then the SEC will cancel Ethereum's application to enter the ETF, because it seems that many are afraid to enter Ethereum and think twice before deciding to provide support to Ethere
The SEC always has a reason to delay an ETF for ethereum, they are just learning about this coin. Because there is still a problem that has not been resolved until now, high gas fees. This will also be a problem if the ETF is approved, because the higher the traffic, the more expensive the gas fees will be.
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Offline EthereumDev_

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Re: How will ETH fare throughout the year 2024?
« Reply #49 on: April 20, 2024, 06:57:53 AM »
The SEC always has a reason to delay an ETF for ethereum, they are just learning about this coin. Because there is still a problem that has not been resolved until now, high gas fees. This will also be a problem if the ETF is approved, because the higher the traffic, the more expensive the gas fees will be.
The reason given by the SEC is of course very crucial for the security that Ethereum provides and of course the SEC also doesn't want to get a bad reputation when the SEC accepts Ethereum into the ETF. Therefore, until now the SEC continues to delay Ethereum from entering the ETF.

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Re: How will ETH fare throughout the year 2024?
« Reply #50 on: April 20, 2024, 03:16:55 PM »
The SEC always has a reason to delay an ETF for ethereum, they are just learning about this coin. Because there is still a problem that has not been resolved until now, high gas fees. This will also be a problem if the ETF is approved, because the higher the traffic, the more expensive the gas fees will be.
The reason given by the SEC is of course very crucial for the security that Ethereum provides and of course the SEC also doesn't want to get a bad reputation when the SEC accepts Ethereum into the ETF. Therefore, until now the SEC continues to delay Ethereum from entering the ETF.
The SEC has a lot to learn and they will definitely have considerations about approving an ethereum ETF, so it's best to wait. According to Sasya's predictions, the SEC will approve the ethereum ETF proposal. Because BTC has been approved.

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Re: How will ETH fare throughout the year 2024?
« Reply #51 on: April 24, 2024, 04:23:18 PM »
The SEC has a lot to learn and they will definitely have considerations about approving an ethereum ETF, so it's best to wait. According to Sasya's predictions, the SEC will approve the ethereum ETF proposal. Because BTC has been approved.
That's right, the SEC chose to postpone the Ethereum ETF because there were several small problems that had the potential to pose quite a high risk to the public, so the SEC preferred to take action to postpone the Ethereum ETF for no specified time.

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Re: How will ETH fare throughout the year 2024?
« Reply #51 on: April 24, 2024, 04:23:18 PM »


Offline doc

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Re: How will ETH fare throughout the year 2024?
« Reply #52 on: April 25, 2024, 03:38:23 PM »
The SEC has a lot to learn and they will definitely have considerations about approving an ethereum ETF, so it's best to wait. According to Sasya's predictions, the SEC will approve the ethereum ETF proposal. Because BTC has been approved.
That's right, the SEC chose to postpone the Ethereum ETF because there were several small problems that had the potential to pose quite a high risk to the public, so the SEC preferred to take action to postpone the Ethereum ETF for no specified time.
but some news is circulating that it is possible that the SEC will approve an Ethereum ETF. even though those are just assumptions and predictions. Let's just see in the next few months, because it could be accepted or maybe the SEC will reject it.

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Re: How will ETH fare throughout the year 2024?
« Reply #53 on: April 26, 2024, 11:22:11 PM »
but some news is circulating that it is possible that the SEC will approve an Ethereum ETF. even though those are just assumptions and predictions. Let's just see in the next few months, because it could be accepted or maybe the SEC will reject it.
It is still possible that the SEC will approve the ethereum ETF for quite some time because it seems that the ethereum developer has not yet provided the improvements that the SEC is interested in. I am sure that if the SEC has given approval for an Ethereum ETF then the price of ethereum on exchanges will increase.

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Re: How will ETH fare throughout the year 2024?
« Reply #54 on: Today at 02:17:22 PM »
but some news is circulating that it is possible that the SEC will approve an Ethereum ETF. even though those are just assumptions and predictions. Let's just see in the next few months, because it could be accepted or maybe the SEC will reject it.
It is still possible that the SEC will approve the ethereum ETF for quite some time because it seems that the ethereum developer has not yet provided the improvements that the SEC is interested in. I am sure that if the SEC has given approval for an Ethereum ETF then the price of ethereum on exchanges will increase.
that's right, if the SEC approves an ethereum ETF, the price of ethereum will rise. but if there is bad news about bitcoin that coincides with the ETF being approved until the price of bitcoin falls, will the price of eheereum rise because the ETF is approved. Anything can happen. And ETFs are only one factor that will have a good effect on ethereum if approved, while bad news is the enemy of price increases themselves

 

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