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☆ Ether could surge 500% this cycle as new ETFs trigger a massive bull run, crypto expert says
▼ + stars: | 2024-05-28 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

The price of ether will climb to between $15,000 and $22,500 this cycle, SynFutures CEO Rachel Lin says. "Now the spot ETH ETF is approved, all indicators indicate a massive ETH bull run in the coming months," she said. AdvertisementThe positive verdict on spot ether ETFs last week will kickstart a price rally, according to Rachel Lin, the CEO of SynFutures. Today, 20 months since that date, ETH supply remains at the same 120 million," Lin said. Now the spot ETH ETF is approved, all indicators indicate a massive ETH bull run in the coming months," Lin wrote.

Persons: Rachel Lin, —, Lin, Dow Jones, Ethereum, bitcoin Organizations: Service, Ethereum, bitcoin, Dow, NASDAQ, Standard Chartered, Chartered

☆ SEC embrace of ether ETFs highlights cryptocurrency's shifting political fortunes
▼ + stars: | 2024-05-27 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

The newly opened door to ether ETFs is part of a larger story that dominated cryptocurrency markets last week: the industry's political tides appear to be shifting in its favor. Expectations of an approval were low as the week began, but flipped completely and suddenly last Monday — sending ether up 20% . Many are hailing FIT 21 as a landmark victory for the industry. "I'd be surprised if FIT 21 or something like it actually becomes law this year," said Thorn. It does portend a sweeping change in [the] Democratic leadership approach to this industry, and that can only help crypto."

Persons: Biden, Donald Trump, Rachel Lin, Oppenheimer, Owen Lau, Lau, Alex Thorn, didn't, Kirsten Gillibrand, Cynthia Lummis, I'd Organizations: Securities and Exchange Commission, SEC, Representatives, SAB, Innovation, Technology, Futures Trading Commission, CNBC, Galaxy Digital, Senate, Gillibrand, Democratic

☆ Ether slips after SEC opens the door to ether ETFs, still heads for best week in more than a year
▼ + stars: | 2024-05-24 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

It's holding on to its weekly gain of 20%, and is on pace for its best week in more than a year. Earlier this week surged more than 20% over two days, as expectations of an SEC approval of ether ETF applications changed abruptly. By contrast, in the weeks leading up to approvals for bitcoin ETFs, the SEC was reported to be engaging actively with fund issuers. Coinbase , which may be a beneficiary of ether ETFs, was more than 1% in premarket trading, while Robinhood nearly 1%. Cryptocurrency prices, including ether's, may also be tempered by the Thursday afternoon stock market sell-off.

Persons: Rachel Lin, Ether, Alex Saleh, Coinbase, bitcoin Organizations: Metrics, Securities and Exchange Commission, SEC

☆ 7 'Bachelor' and 'Bachelorette' leads who made franchise history with their casting
▼ + stars: | 2024-03-30 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +1 min

Jenn Tran was recently announced as the first Asian American star of "The Bachelorette." Before that, Rachel Lindsay and Matt James made history as the first Black leads in the franchise. Clare Crawley became the oldest "Bachelorette" star in 2020. Tran will be the first Asian-American lead in the show's 20-year history when her season premieres later this year. Here are seven Bachelor Nation leads who have made history with their casting.

Persons: Jenn Tran, Rachel Lindsay, Matt James, Clare Crawley, —, Joey Graziadei's, Daisy Kent, Maria Georgas, Tran, It's Organizations: Service, Nation

WASHINGTON (AP) — Jill Biden is urging women to consult their doctors about getting mammograms or other cancer screenings, saying in a new public service announcement for Breast Cancer Awareness Month that early detection saves lives. "There is no one-size-fits-all approach, but we know that early detection of cancer saves lives.”Biden's ad is part of an annual breast cancer awareness campaign by Lifetime, according to the cable network. Breast cancer is the most common cancer in U.S. women after skin cancer, according to the Centers for Disease Control and Prevention. Breast cancer deaths have declined over time but remain the second leading cause of cancer death among women overall, the CDC said. One in eight women in the U.S. will be diagnosed with breast cancer in her lifetime.

Persons: — Jill Biden, ”, Keshia Knight Pulliam, Rachel Lindsay, Joe Biden Organizations: WASHINGTON, Cancer, Lifetime, Health Initiative, Centers for Disease Control, CDC Locations: Delaware, U.S

Jan 31 (Reuters) - Big investors are dipping their toes into crypto waters again after a bumper month for bitcoin. Bitcoin was far and away the biggest draw, with funds tracking it responsible for $116 million of that. They said shorter-term investors were selling their bitcoin at a profit, while longer-term "HODlers" were still sticking with their coin and not contributing to selling pressure. Additionally, bitcoin's "dominance" or share of the total crypto market has hovered around 41% this month, levels not seen since last July. Analysts at Citi said this mimicked a similar jump in bitcoin dominance in April 2019, when a bitcoin rally marked a crypto market bottom.

☆ Buying a home is now unaffordable for 26 million households – and things won't get better anytime soon
▼ + stars: | 2022-12-11 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +4 min

Up to 26 millions households were priced out of buying a home in the past year, per new research. Rising mortgage rates combined with higher rents is locking out millions of first-time buyers. Prospective first-time buyers are also facing rising rents, Evangelou said, reducing the amount they are able to save for a deposit. Evangelou said that had contributed to first-time buyers making up 26% of total buyers now, down from 34% a year ago. But she points out that it's already a slightly better time to buy due to the dip in mortgage rates, with the median mortgage payment $140 lower than last month.

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