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Ethereum: Cryptocurrencies Price Prediction- Ethereum, Bitcoin & AI Toke...

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Published Time: 21.05.2024 - 05:03:23 Modified Time: 21.05.2024 - 05:03:23

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Chip giant NVIDIA has emerged as a significant market mover for cryptocurrencies in the Artificial Intelligence (AI) and Decentralized Physical Infrastructure Network (DePIN) categories, per previous earnings results from the technology firm. 


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New York Attorney General Letitia James says her office has secured a $2 billion settlement from Genesis. AG Letitia James sued the crypto company in October on account of lying and defrauding investors of over $1 billion.

Coinshares weekly report of digital asset flows shows that crypto assets witnessed more than a 600% increase in net inflows last week after US Consumer Price Index saw a softer-than-expected inflation increase.

Ethereum's (ETH) price gained over 16% on Monday as Bloomberg analysts updated their odds for spot Ethereum ETF approval to 75%. Grayscale’s CEO stepping down from his role days before the Securities & Exchange Commission (SEC) decides on the ETFs has also added complexity to the predictions of analysts.


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