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BREAKING : #CBOE Global Markets has submitted a request to the U.S. 🇺🇸 SEC to list #Solana spot ETFs. A decision is needed by March 2025. #SOL $SOL
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High risk environment. Market is still very dicey still, once again be careful with positions.
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It's not out yet, so for now just following
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Good afternoon! ETF flow *Top Bitcoin ETFs net inflow today: FBTC 123.55M, BITB 30.19M, ARKB 11.3M, IBIT 114.79k. *US BTC ETFs see $25.57M outflows, all from GBTC. Desk Flow: *SOL, FTM sellers. *BTC, ETH, AVAX, TON buyers. *In the last 12 hours, Bitcoin's price has been highly volatile, ranging from $54,400 to $58,200. This fluctuation is linked to the ongoing Bitcoin sales by the German government, which have been happening for several weeks. As of July 8, the German government held around 23,788 Bitcoin, worth $1.32 billion, which is less than half of what they had before they started selling. News: *Stocks climbed toward new all-time highs as traders anticipated the start of the earnings season and monitored the US presidential race and potential signals about the Federal Reserve's future actions. *According to Mike Wilson from Morgan Stanley, traders should prepare for a stock market correction amid uncertainty surrounding the US presidential campaign, corporate earnings, and Federal Reserve policy. *One of the leading crypto projects this year is The Open Network (TON) blockchain, which is associated with Telegram Messenger LLP, a competitor to WA whose previous blockchain initiatives faced opposition from US regulators. TON has gained significant attention in the crypto world, even as the sector experiences a broader rally, with Bitcoin reaching new highs before a recent downturn. Price Action: *Over the past few days, both Bitcoin and Ethereum have experienced slight declines in price, with BTC showing more volatility. The current prices of both assets are trading below their 30-day rolling averages, indicating a bearish sentiment in the short term, although oversold conditions suggest potential for a rebound if buying pressure increases.
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No matter what, there is always a buyer, always someone who values what other throw away. Germans will regret selling their BTC here. Easy x2 - x3 coming for them with a bit of patience.. noobs.
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