{"id":537512,"date":"2024-06-19T09:41:38","date_gmt":"2024-06-19T09:41:38","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=537512"},"modified":"2024-06-19T09:41:38","modified_gmt":"2024-06-19T09:41:38","slug":"ethereum-price-prediction-eth-jumps-3-as-sec-ends-consensys-investigation-and-this-casino-token-races-towards-2-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ethereum-price-prediction-eth-jumps-3-as-sec-ends-consensys-investigation-and-this-casino-token-races-towards-2-million","title":{"rendered":"Ethereum Price Prediction: ETH Jumps 3% As SEC Ends Consensys Investigation And This Casino Token Races Towards $2 Million"},"content":{"rendered":"<p>The Ethereum price is up 3% in the past 24 hours to trade for $3,572 as of 00:05 a.m. EST on trading volume that dipped 8%.<\/p>\n<p>The surge in the ETH price came after Consensys said the US Securities and Exchange Commission&rsquo;s enforcement division is closing its investigation into Ethereum 2.0.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">ETHEREUM SURVIVES THE SEC.<\/p>\n<p>Today we&rsquo;re happy to announce a major win for Ethereum developers, technology providers, and industry participants: the Enforcement Division of the SEC has notified us that it is closing its investigation into Ethereum 2.0. <\/p>\n<p>This means that the SEC&hellip;<\/p>\n<p>&mdash; Consensys (@Consensys) <a href=\"https:\/\/twitter.com\/Consensys\/status\/1803230653120659641?ref_src=twsrc%5Etfw\">June 19, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Consensys added that the decision meant the SEC would not be bringing charges alleging that sales of Ether are securities transactions.<\/p>\n<p>According to the firm, the SEC&rsquo;s decision followed a June 7 letter to the agency, with Consensys asking if the SEC would end its investigation into Ether after approving ETH&nbsp; ETFs in May.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Link to the SEC&rsquo;s letter: <a href=\"https:\/\/t.co\/1CGbnrtQy0\">https:\/\/t.co\/1CGbnrtQy0<\/a><\/p>\n<p>&mdash; Laura Brookover (@laurabrooksie1) <a href=\"https:\/\/twitter.com\/laurabrooksie1\/status\/1803238438772076809?ref_src=twsrc%5Etfw\">June 19, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><strong>Ethereum Price Prediction<\/strong><\/h2>\n<p>The Ethereum price is attempting a recovery after slipping below support due to the trendline of the Fibonacci indicator. However, with the 50% Fibonacci placeholder holding as support at $3,394, the market could still recover.<\/p>\n<p>If buying pressure increases, the Ethereum price could reclaim support due to the trendline. However, only a candlestick close above the 78.6% Fibonacci retracement level of $3,720 would confirm the continuation of the uptrend.<\/p>\n<p>In a highly bullish case, the gains could see the Ethereum price reclaim the peak of $3,964. In the very ambitious case, it could clear it to record a new range high above the aforementioned threshold.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/ETH-1.png\"><img decoding=\"async\" class=\"aligncenter wp-image-537514 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/ETH-1.png\" alt=\"Ethereum \" width=\"1366\" height=\"768\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/ETH-1.png 1366w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/ETH-1-300x169.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/ETH-1-1024x576.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/ETH-1-768x432.png 768w\" sizes=\"(max-width: 1366px) 100vw, 1366px\"><\/a><\/p>\n<p><a href=\"https:\/\/www.geckoterminal.com\/eth\/pools\/0x88e6a0c2ddd26feeb64f039a2c41296fcb3f5640\" target=\"_blank\" rel=\"noopener\">GeckoTerminal: ETH\/USD 1-day chart<\/a><\/p>\n<p>On the other hand, with the lower highs on the Relative Strength Index (RSI), as well as its position below the signal line (orange band), the bears could take over the ETH market. If this happens, the Ethereum price could slip below $3,394, below which the big-picture bullish outlook would be invalidated.<\/p>\n<p>Meanwhile, investors are piling into Mega Dice (DICE) as the new Solana GameFi coin races towards the $2 million mark in presale sales. According to YouTube channel 99Bitcoins, DICE has the potential to 100X at launch.<\/p>\n<p><iframe title=\"IS MEGADICE THE NEXT 100X CRYPTO PRESALE GEM?! GAMING + CRYPTO\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/bxVYKtZ-vdw?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>Promising Alternative To Ethereum<\/h2>\n<p>DICE is the powering token for the <a href=\"https:\/\/insidebitcoins.com\/visit\/mega-dice-presale\" target=\"_blank\" rel=\"noopener nofollow\">Mega Dice ecosystem<\/a>, a&nbsp;Solana-based online casino that rewards players with crypto. The platform allows users to play games, bet on sports, and earn rewards using their native token, $DICE.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Introducing our 24\/7 Sports Daily Streaks!&#127942;<\/p>\n<p>Here's how it works:<\/p>\n<p>Bet 1000 USDT on EURO 24 or COPA America and get a 20 USDT Free Bet! &#128293; <br>Streaks reset daily at Midnight UTC &#9200; <br>All sports included with a minimum odds of 1.5 &#128202;<br>Real money bets only &#128176;<\/p>\n<p>Don't miss out on your&hellip; <a href=\"https:\/\/t.co\/YpmlmPuGMw\">pic.twitter.com\/YpmlmPuGMw<\/a><\/p>\n<p>&mdash; Mega Dice Casino (@megadice) <a href=\"https:\/\/twitter.com\/megadice\/status\/1803036400918433907?ref_src=twsrc%5Etfw\">June 18, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Mega Dice platform has been a sensation since its launch in 2023 and is still one of the most popular crypto-oriented online casino and betting platforms. With the launch of the new crypto ICO, the project is set to extend its offerings.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Games Night Thursdays at 5 PM UTC live on our TG channel!<\/p>\n<p>We'll be starting off with a $1300 balance and whatever is won will be shared among the contributors on the call! &#129297;<\/p>\n<p>Join here &#128071;<a href=\"https:\/\/t.co\/pzizhtZ2pS\">https:\/\/t.co\/pzizhtZ2pS<\/a> <a href=\"https:\/\/t.co\/u5tihwSn5E\">pic.twitter.com\/u5tihwSn5E<\/a><\/p>\n<p>&mdash; Mega Dice Casino (@megadice) <a href=\"https:\/\/twitter.com\/megadice\/status\/1801283958304301077?ref_src=twsrc%5Etfw\">June 13, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The project is the first GambleFi project on the Solana blockchain, and it aims to challenge the casino sector titan Rollbit Coin.<\/p>\n<p>The platform already has a user base exceeding 50,000 and 10,000 active players, who wager about $50 million every month. It offers over 4000 games from top providers and over 50 sports and eSports.<\/p>\n<p>Investors can also earn through the platform&rsquo;s staking option, with 10% of tokens set aside for this purpose.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Refer &amp; Earn with <a href=\"https:\/\/twitter.com\/search?q=%24DICE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DICE<\/a>! &#128640;&#128176;<\/p>\n<p>Exciting news! You can still refer users to the Mega Dice presale and earn a generous 10% commission on all referral purchases. Here's a simple guide on how to get started:<\/p>\n<p>1. Visit: <a href=\"https:\/\/t.co\/E5WFsXQhfQ\">https:\/\/t.co\/E5WFsXQhfQ<\/a>.<br>2. Connect: Connect your wallet.<br>3.&hellip; <a href=\"https:\/\/t.co\/D0wBtHX5nj\">pic.twitter.com\/D0wBtHX5nj<\/a><\/p>\n<p>&mdash; Mega Dice Casino (@megadice) <a href=\"https:\/\/twitter.com\/megadice\/status\/1800861942019477537?ref_src=twsrc%5Etfw\">June 12, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>If you would like to join the presale, you can buy $DICE on the official website for $0.075 per token using BNB, ETH, or SOL. You can also earn 10% on any purchases made by investors you refer.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/mega-dice-presale\" target=\"_blank\" rel=\"noopener nofollow\">Visit and buy Mega Dice here<\/a>.<\/p>\n<h3>Also Read:<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/mega-dice-price-prediction\">Mega Dice Price Prediction &ndash; DICE Price Potential in 2024<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/how-to-buy-mega-dice\">How to Buy Mega Dice Token &ndash; $DICE Presale Review<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/bitcoin-casinos\/mega-dice-referral-code\">Mega Dice Referral Code &amp; Bonus Codes 2024<\/a><\/li>\n<li><a href=\"https:\/\/www.linkedin.com\/pulse\/best-metaverse-crypto-projects-top-picks-nft-virtual-world-calsona-r6the\">Best Metaverse Crypto Projects: Top Picks for NFT and Virtual World Enthusiasts<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Mega Dice - 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The surge in the ETH price\" \/>\n<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/537512\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Price Prediction: ETH Jumps 3% As SEC Ends Consensys Investigation And This Casino Token Races Towards $2 Million\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-19T09:41:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/Gaming.net-28-1-1024x576.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Lockridge Okoth\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Mocking84266113\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lockridge Okoth\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/537512#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/537512\"},\"author\":{\"name\":\"Lockridge Okoth\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/db77f006c3468d2e63f9fc73e0476742\"},\"headline\":\"Ethereum Price Prediction: ETH Jumps 3% As SEC Ends Consensys Investigation And This Casino Token Races Towards $2 Million\",\"datePublished\":\"2024-06-19T09:41:38+00:00\",\"dateModified\":\"2024-06-19T09:41:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/537512\"},\"wordCount\":584,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/537512#respond\"]}],\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/537512#primaryimage\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/537512\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/537512\",\"name\":\"Ethereum Price Prediction: ETH Jumps 3% As SEC Ends Consensys Investigation And This Casino Token Races Towards $2 Million - InsideBitcoins.com\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"datePublished\":\"2024-06-19T09:41:38+00:00\",\"dateModified\":\"2024-06-19T09:41:38+00:00\",\"description\":\"The Ethereum price is up 3% in the past 24 hours to trade for $3,572 as of 00:05 a.m. EST on trading volume that dipped 8%. 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