Over the past week , the influx into spot #Bitcoin #ETFs amounted to a record $1.06 billion in 2 months.
Читать полностью…😎Do not forget to keep an eye on the sponsors of the current bull cycle — #Blackrock.
Blackrock surpassed Grayscale in terms of the number of available $BTC.
"We tokenize and digitize everything that is possible and impossible, then we will tell you why!"
#BlackRock already has 284.525 BTC ($19.1 billion) on its balance sheet – Ishares
The inflow of funds into spot Bitcoin ETFs in 9 days of trading = $1.75 billion.
Larry Fink, CEO of Blackrock says:
IBIT is the fastest growing ETF in the history of all ETFs. I am very optimistic about the long-term viability of Bitcoin.
📰 The main news events to this point:
💡CEO of Swan #Bitcoin: The chances of Nvidia shares surpassing Bitcoin again over the next decade are "almost zero"
🦄Despite the previous notification from #SEC Wells USA, the Uniswap Foundation continued to move forward. Uniswap will hold an on-chain vote on May 31. This vote lays the foundation for autonomous collection and distribution of fees.
🆕️The #Ethereum Spectra update is scheduled for the first quarter of 2025;
👥Catizen, the largest gaming application platform in the #TON ecosystem, has significantly increased its user base. The total number of users of the platform has now exceeded 9 million.
🫥 Ethena Labs Update : Users will be able to provide LP on FDUSD<>USDe to support liquidity for swaps through #FDUSD. New ecosystem integrations will be launched next week, including FDUSD Curve, Infinex, Karak and Bouncebit. The Bybit USDe integration will also be launched next week.
🪙#FLOKI will launch an updated advertisement in Times Square in New York.
Pizza Hut accepts #Bitcoin payments in El Salvador.
#ETH
I hit the first support level very clearly and fought off it well. We are now somewhere in the resistance zone. To continue the growth and another attempt to storm $ 4000, you need to go above 3.770 on the impulse, and preferably today or tomorrow. Otherwise, the bear may come again.
##SEC APPROVES SPOT #ETH-ETH - all 8 #ETFs are approved
————————--
to launch ELF, the SEC needs to approve both Form #19b-4 (change in trading rules) - the SEC has just approved, and S-1 (registration application) - approval for trading - issuers will now begin submitting applications #S-1 for trading permission
lawyer #Coinbase: approval of spot ETH- ETF means that ETH is actually considered a commodity.
#S&P500
The current drop in the cryptocurrency market correlates with the fall of the S&P 500
The new law in the United States will change the crypto market – should we cry or rejoice?
FIT21 is not the name of a computer game club. This is a large-scale bill that was passed in the US House of Representatives.
😁Why is it important for cryptomaniacs to know about some kind of law? It will strengthen the regulation of cryptocurrencies, exchanges and brokers in the United States. In general, the crypt will be completely dragged into the “white” zone.
🧐What's the loudest part?
▪️ clarify the definition of digital assets and decentralization
▪️ A decentralized crypto offers to become exchange–traded commodities that will regulate the CFTC market, which can increase 70% of tokens, lead investors
▪️ an innovative strategy with a status return under control is 30% per annum
🤔 Is regulation good? The largest funds in the world began to enter the crypt. The market has grown due to the influx of money, not really worrying about the fact that the crypt is being increasingly tightly controlled.
So if the crypt is brought closer to the standards of the stock market, it can attract even more investors to the market and raise prices.
🌬 Or will the crypt lose its meaning? If it is regulated in the same way as stocks, it is unlikely to remain an alternative financial system. The freedom of the crypt may disappear.
🤔Will it hit prices? It is unclear, because the money of all those for whom the crypt is just an investment will remain in the crypt.
We talk as if everything has already been decided. But the final decision will not be made soon, maybe the law will be changed along the way.
In addition, this law is part of a big political game in the United States. The struggle of Republicans and Democrats for voters before the presidential election. And we are fighting with the exchange and the CFTC for full implementation.
😉Everyone has reasons to promote or repeal the law, so the war for the crypto market will be hot. We will tell you about all the important things here!
My gut feeling says #ETF Ethereum will be denied at May and approved at August.
Rejection at May means 98.69%$ approval of #Blackrock at August.
So generally market is still bullish.
Try to survive from wicks.😎
🐳Another bitcoin miner appeared from 2010 and received 2,000 BTC ($140,000,000) to an unknown wallet.
https://x.com/jjcmoreno/status/1793375641662026091
The White House declares its readiness to cooperate with Congress in developing a "balanced regulatory framework for digital assets" 🧐
Читать полностью…Will the spot Ethereum ETF be approved on Thursday? Opinion…
On May 23, the SEC is due to consider applications for a spot ether ETF. It seemed that there was no chance of approval this month, everything changed at the last moment.
The stumbling block is the question of whether ether is a security. Galaxy believes that the SEC can make such a feint: to declare that ETH itself is not a security, but the staking services are.
Thus, the recognition of ETH staking as securities-related services will be quite in line with previous SEC statements.
I am sure that Biden will give us a spot Ethereum ETF. Recently, the SEC abruptly changed its position after the vote on SAB 121: Republicans and Democrats voted equally for the lifting of restrictions, showing that both chambers are warm to cryptocurrencies.
What is SAB 121? This SEC rule requires companies that store cryptocurrency for customers to reflect it as a debt (obligation) on their financial statements.
Critics of SAB 121 argue that this rule scares banks away.
Has Biden decided to love the crypt? Of course: his opponent Trump has gained great popularity in the crypto community. A recent poll from DCG showed that 48% of voters in swing states do not trust political candidates who interfere in cryptocurrency.
So the approval of the spot Ethereum ETF will help Biden say that it was under him that the long-awaited ETFs were approved. No one will notice (probably) that he refused to cancel SAB 121.
😎ETFs for ether do not give investors much, when compared with the abolition of SAB 121. Without this rule, much more money would flow into the crypt than through these very ETFs. As long as it is a "liability" for banks, they will have to reserve capital to cover possible losses, and they don't really want to do that.
😉What is the result? I think that rumors about the imminent approval of an ETF on ETH mean that Biden is coming into play.
We are looking forward to May 23rd. Approval is surely waiting for us!
Trade smarter with MultiBank.io
Everything you need to trade fast, get instant returns, and switch between fiat and crypto in seconds - ONLY on Multibank.io.
- Swap different assets in just 3 simple steps.
- Test our Panic Sell feature to sell all your assets in 1 click.
• Secure your crypto with top-tier security & regulated exchange.
Download the MultiBank.io app today to enjoy advanced and secure crypto trading.
The financial giant #Fidelity has made edits to its application to launch the spot #Ethereum #ETF, removing the stacking from there.
Previously, #ARK #21Shares also made a similar change
The current deadlines for applications for the #Ethereum #ETF are shown in the picture.
⚡️⚡️⚡️Unexpected from #SEC: Spot Ethereum ETFs are about to be approved
Exchanges wishing to trade cellular Ethereum ETFs have received an urgent request from the SEC to update Forms 19 b4, Coindesk reports. This may indicate possible approval of applications by Thursday.
However, according to Coindesk, S1 applications also need to be approved to start trading, and SC can consider them indefinitely. One company that spoke with the SEC noted an improvement in the approval process, although it previously believed that the regulator was delaying the deadline.
👌Bloomberg analysts have increased the probability of approval of the spot Ethereum ETF from 25% to 75%. A decision on VanEck is expected on May 23.
Before approving the spot Bitcoin ETF, the regulator asked the exchanges to take similar actions.
#SIGNAL
AAVE/USDT LONG📈
Entrance: by market
Averaging: 100,159
Targets: 108,827 115,295 127,974
Stop: 94.531
Risk management:
The loss on the stop should not be more than 3% of your deposit.
#signals
💰 Distribution of $ 21 millionBTC
🟡 Individual holders — 57%
🟡 Lost BTC — 17.6%
🟡 Not yet mined BTC — 6.6%
🟡 Satoshi Nakamoto Wallet — 5.2%
🟡 #Bitcoin #ETF's — 3.9%
🟡 Corporations — 3.6%
🟡 Miners — 3.4%
🟡 Governments — 2.7%
#SIGNAL
ENS/USDT SHORT📉
Entrance: by market
Averaging: 24,490
Goals: 21,935 19,123 16,239
Stop: 26,089
Risk management:
The loss on the stop should not be more than 3% of your deposit.
#signals
A Shiba Inu dog named #Kabosu, who became a symbol of the #Doge meme and the #Dogecoin cryptocurrency, has died in Japan.
In the early 2010s, her photo was viral on the Internet and became a popular meme.
In 2013, developer Jackson Palmer used it as a logo for #Dogecoin
🌟 Statistics show that the majority of owners of #BTC began to store them, rather than sell them. Accordingly, bitcoin can now be rightfully called a means of saving, rather than a speculative asset.
Читать полностью…The market capitalization of Bitcoin ($1.4 trillion) is 8.4% of the capitalization of gold ($16 trillion).
Читать полностью…🤨The creator of the DARE meme token set himself on fire live, counting on the growth of his coin.
🔥He doused himself with alcohol and shot himself with fireworks, after which he was taken to the hospital with third-degree burns.
😬The #DARE token only lost value in the end.
Good morning, everyone! 🌄
🤔 The cue ball froze around 69.500, but the #Ether, despite the sideways bitcoin, is trying to grow and is trading around 3800. I think that they will try to get through the Air today or tomorrow to the 3.850-3.870 area. But then everything will depend on #Bitcoin: if the cue ball supports the market with growth, then the #Ether will be able to go above $ 4,000.
😎In general, nothing has been dented on the market since yesterday and the alignment is still the same.
📣 ETP BTC and ETH on the London Stock Exchange:
The WisdomTree Physical Bitcoin (BTCW) and Physical Ethereum (ETHW) ETP platforms are expected to start trading on May 28 and will be available only to professional investors.
The New York-based firm manages more than $111 billion in assets worldwide, and its WisdomTree bitcoin fund (BTCW) was among those approved in the U.S. to manage a spot bitcoin ETF in January.
Open interest in Ether futures has already grown to a record $10.7 billion (Kaiko)
Читать полностью…14 years ago, on May 22, 2010, programmer Laszlo Heinitz bought two Papa John's pizzas for 10,000 BTC — since that time, the crypto community has been celebrating Bitcoin Pizza Day.
On the BitcoinTalk forum, he asked who would be able to exchange 10,000 BTC ($25) for two pizzas, 4 days later he reported that the transaction was successful.
Now 10,000 BTC is $700,000,000.
Approximately #AirDrop #Ksnc will take place on June 13
Total token issue = 21,000,000,000
The tick is still unknown, very strong, uses $ZK
#Bitcoin
Based on two levels of resistance and a positive news background...
I see such options so far, how events can develop 😎
🪙 BTC USD
Can we assume that the trajectory has fully worked out? 🤩
All those who listen to me and gain a conservative spot or take risks in futchers— with profit 😎
Hooray!🏆