Ether tops $2k as BlackRock accumulates ETH: Check forecast

The cryptocurrency market is having a positive start to the day, with Bitcoin, Ether, and other major cryptocurrencies currently in the green. Ether, the second-largest cryptocurrency by market cap, is up 2.3% in the last 24 hours and is now trading above $2k.  The positive performance comes as BlackRock intensifies its effort to launch an Ethereum staking ETF. The momentum indicators have also flipped bullish, suggesting that ETH could rally higher in the near term. BlackRock begins purchasing ETH for its Ether staking ETF BlackRock, the world’s largest asset manager, has increased its efforts towards launching a yield-generating Ethereum fund in the US. In its S-1 filing with the SEC on Tuesday, BlackRock stated that its affiliate purchased 4,000 seed…