Ether dips below $3,400 on second day of U.S. spot ETH ETF trading: CNBC Crypto World

    CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Andy Baehr, head of product at CoinDesk Indices, weighs in on the potential impact of the U.S. launch of spot ETH ETFs on crypto prices.

    Chapters:
    00:00 – CNBC Crypto World, July 24, 2024
    0:26 – Ether dips
    2:01 – The headlines
    3:53 – Andy Baehr of CoinDesk Indices

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    Ether dips below $3,400 on second day of U.S. spot ETH ETF trading: CNBC Crypto World

    35 Comments

    1. Nice video. Not a criticism, I enjoy your insights. I tend to think prices could go higher if NVDA14K rockets. But understand the logic for sandbagging estimates. My opinion is NVDA14K breaks 1, perhaps reaches 10 ATH, if conditions are right. But broader forces are at play now. We’re moving into really unknown territory. And these entities are shrewd. I think there’s massive manipulation ahead. If NVDA14K survives that, well, we’re likely in for a good pump.

    2. institutional buying into NVDA14K could totally break the cycle and the peak expectation of end of 2025 will likely spectacularly fail to appear. If the last double peak was odd, the next one will catch most people out again.

    3. I'm shocked you have projected NVDA14K going to $10 in the next few years! I see $5 overnight when NVDA14K Flips the Switch and NVDA14K goes live as the global currency connection! Then a steady climb to $10 within months, followed by a rise to well over $100 as adoption is accepted by all!

    4. Don’t overlook eth because of Solana and other L1’s… consumers complain about how much slower and expensive Eth is, but institutions will be using BTC and ETh a lot more for being more secure and reliable… Solana is good for the consumer market place… but in the end, everything will be cross interoperable and everything will be indexed with GRT The Graph… don’t sleep on the decentralized index web3 infrastructure that will help scale and grow the web3 space… this is alpha for those who don’t know…

    5. I've been purchasing stocks since the beginning of the year, but nothing has changed. However, I've been reading articles about people who are still in the same market who have made over $350,000 in just a few months. What am I doing incorrectly?

    6. So what Andy is trying to say is Ethereum will lead the further future. Hmmm, sounds about right! Hence why I made Ethereum Cities!

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