Ethereum

Ethereum has garnered widespread attention in the crypto market driven by Consensys CEO Joe Lubin’s optimistic statements. Despite recent retracement for the cryptocurrency, the community remains bullish about Ether’s future prospects. This positive outlook coexists alongside ETH’s higher activity and the broader market moves.Data provided by Michaël van de Poppe, CIO of MN Consultancy, indicates that Ethereum ETFs have seen an inflow of over $500 million since the recent U.S. election. This trend has intensified since Donald Trump’s victory, with predictions of an impending supply shock for Ethereum.Experts say the record low exchange reserves and this inflow increases the likelihood for a price surge. In addition, Ethereum’s locked supply inflated the scarcity effect as more than 42% of supply was staked in contracts.<a href="https://cryptotale.org/joe-lubin-sees-bright-future-for-eth-under-new-sec-chair/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Joe Lubin Sees Bright Future for ETH under New SEC Chair

CryptoTale

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