Ethereum to see new all-time high after ETH ETF launch: Bitwise
Ethereum (ETH) is up nearly 2% on Tuesday following predictions from Bitwise chief investment officer (CIO) Matt Hougan that ETH ETFs could help push ETH to a new all-time high above $5,000. Other predictions from Citi Bank and trader Peter Brandt also align with Hougan's position.
Worldcoin (WLD) is up over 36% on Tuesday, following the Worldcoin Foundation's announcement that the lock-up schedule for WLD tokens has been extended from three to five years. This follows concerns from investors over the large amount of WLD supply that has been entering circulation in the past few months.
PEPE, a meme coin built on Ethereum, and based on a popular frog-themed meme has rallied in double digits on Tuesday. As crypto market participants await the Securities & Exchange Commission’s approval of a Spot Ethereum ETF, meme coins have started recovering from their decline in the first week of July.
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