Coinbase Asks SEC To Approve Grayscale’s Ethereum ETF, NuggetRush and Manta Network Gain Traction

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  • Manta Network price is bullish on the weekly and monthly timeframes.
  • The Coinbase team has asked the US SEC to approve Grayscale’s Ethereum spot ETF application.
  • NuggetRush’s NFT game has attracted users’ attention to its ongoing cryptocurrency ICO.

Manta Network’s price has shown bullish trends on both the weekly and monthly timeframes, signaling positive sentiment among investors. Meanwhile, the Coinbase team has asked the US SEC to approve Grayscale’s Ethereum spot ETF application.

In other news, NuggetRush’s NFT game has garnered significant attention from users, drawing interest to its ongoing cryptocurrency ICO.

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NuggetRush (NUGX) Gains Massive Traction in Presale

In the crypto market, Initial Coin Offerings (ICOs) have gained significant momentum. Investors are on the lookout for presales with bullish potential. Among the new DeFi projects capturing their interest is NuggetRush (NUGX).

NuggetRush is one of the coolest NFT games featuring a mining venture. The game also features engaging NFT characters, lands rich in minerals, and the enticing prospect of discovering gold.

The game involves tackling mining challenges to secure impressive rewards. Success in the game demands a robust team of miners and the right equipment.

The in-game store has everything from laborers to machinery and exclusive game items. Players are encouraged to manage multiple mining operations to increase their gains. Collaborating with fellow gamers is another way to increase earnings.

With a sale of 190 million NUGX tokens, NuggetRush has become the best cryptocurrency in the gaming sector. The price of the NUGX token has risen by 80%, from an initial $0.010 to $0.018, underscoring its potential in the market.

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Manta Network (MANTA) Soars After BNB Integration

Manta Network (MANTA) is one of the altcoins that has seen bullish gains in the past week. MANTA price has increased by 4.3% and 30.4% on the weekly and monthly timeframes.

In terms of price trajectory, Manta Network jumped from a weekly low of $2.82 to a high of $3.22. Interestingly, this price surge comes after the network’s latest integration with the BNB Chain.

The introduction of this new cross-chain bridge would allow fast exchanges between MANTA and BNB. Also, the integration with the BNB Chain ecosystem will introduce MANTA to a larger audience, leading to increased demand and adoption.

As a result, analysts are bullish on the price of Manta Network to pump in the coming trading sessions. So, they have forecasted a potential rise to $5.00 in the short term and $6.20 in the long term.

Coinbase Weighs in on Grayscale’s Ethereum (ETF) Application

The Coinbase team has urged the U.S. Securities and Exchange Commission (SEC) to greenlight Grayscale’s bid to introduce a spot Ethereum (ETH) ETF. Paul Grewal, the chief legal officer at Coinbase, announced this appeal in a tweet on February 21st.

In a discussion with the SEC, Coinbase advocated for the approval of the Ethereum ETF, citing the network’s strengths. Grewal highlighted that the crypto exchange provided the SEC with comprehensive “legal, technical, and economic rationale” supporting the approval of Grayscale’s Ethereum spot ETF proposal.

Meanwhile, the crypto community is expecting the US SEC’s verdict on Ethereum ETF by May 23rd. At the moment, Ethereum’s price is closing in on its ATH as it fluctuates between $2,500 and $2,980.

Final Thoughts

The massive attention that NuggetRush has seen lately makes it the best ICO to join right now. Also, the potential of an Ethereum spot ETF approval could add more steam to NuggetRush’s bullish momentum.

Visit the NuggetRush Presale Website


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