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๐Ÿ“ฃBreaking News! Former US President, Donald Trump's crypto portfolio briefly hit the $10 million mark, thanks to the MAGA memecoin, TRUMP. ๐Ÿš€ On May 27, the TRUMP coin reached an all-time high of $13.24, pushing Trump's 579,290 tokens to a whopping $6.79 million. However, the coin has since dipped 8.8%, causing the portfolio to retreat to $9.5 million. Trump's crypto love doesn't end there, he also holds a hefty Ether (ETH) bag and a million MVP tokens. ๐Ÿ’ฐ What's your take on this? Let's chat below! ๐Ÿ‘‡ #CryptoNews #TrumpCoin
๐Ÿ“ฃBreaking News! Former US President, Donald Trump's crypto portfolio briefly hit the $10 million mark, thanks to the MAGA memecoin, TRUMP. ๐Ÿš€ On May 27, the TRUMP coin reached an all-time high of $13.24, pushing Trump's 579,290 tokens to a whopping $6.79 million. However, the coin has since dipped 8.8%, causing the portfolio to retreat to $9.5 million. Trump's crypto love doesn't end there, he also holds a hefty Ether (ETH) bag and a million MVP tokens. ๐Ÿ’ฐ What's your take on this? Let's chat below! ๐Ÿ‘‡ #CryptoNews #TrumpCoin
๐Ÿ”ฎ The Ethereum blockchain: a world of love letters, pleas, and life stories, all etched in digital stone. ๐Ÿ’Œ One user reached out to a blocked lover, begging for a second chance. Another widow pleaded with a scammer to return $500K of mistakenly transferred Ether. ๐Ÿ˜ข But amidst the heartache, a crypto whale donated 0.5 Ether to a sick child, while another user penned a tribute to a late friend. A unique blend of human drama and tech, Ethereum's on-chain messages have it all. What's your blockchain story? Share below! ๐Ÿ‘‡
๐Ÿ”ฎ The Ethereum blockchain: a world of love letters, pleas, and life stories, all etched in digital stone. ๐Ÿ’Œ One user reached out to a blocked lover, begging for a second chance. Another widow pleaded with a scammer to return $500K of mistakenly transferred Ether. ๐Ÿ˜ข But amidst the heartache, a crypto whale donated 0.5 Ether to a sick child, while another user penned a tribute to a late friend. A unique blend of human drama and tech, Ethereum's on-chain messages have it all. What's your blockchain story? Share below! ๐Ÿ‘‡
๐Ÿš€ Caitlyn Jenner, the latest celeb to join the crypto circus, has accused memecoin collaborator Sahil Arora of a scam involving the JENNER token launch. Despite the drama, Jenner insists JENNER token is still on the up! ๐Ÿ“ˆ Meanwhile, rapper Rich the Kid alleges Arora hacked his account to promote the RICH token. Crypto sleuths have linked Arora to other suspicious token launches. ๐Ÿ•ต๏ธโ€โ™‚๏ธ But wait, there's more! On-chain data suggests no token dump... yet. What's your take on this crypto soap opera? Comment below! ๐Ÿ‘‡
๐Ÿš€ Caitlyn Jenner, the latest celeb to join the crypto circus, has accused memecoin collaborator Sahil Arora of a scam involving the JENNER token launch. Despite the drama, Jenner insists JENNER token is still on the up! ๐Ÿ“ˆ Meanwhile, rapper Rich the Kid alleges Arora hacked his account to promote the RICH token. Crypto sleuths have linked Arora to other suspicious token launches. ๐Ÿ•ต๏ธโ€โ™‚๏ธ But wait, there's more! On-chain data suggests no token dump... yet. What's your take on this crypto soap opera? Comment below! ๐Ÿ‘‡
๐Ÿš€Agora CEO, Nick van Eck, argues yield-bearing stablecoins miss the point!๐Ÿค” He believes they should focus on utility, liquidity, and transaction means for maximum reach. Yield-bearing stablecoins may be seen as security products, limiting customer reach and liquidity. Examples include DAI, USDe, and USDM. Van Eck aims to launch Agora's digital dollar (AUSD) on Ethereum next month, focusing on utility and liquidity. Despite a tough market led by USDT and USDC, van Eck sees room for newcomers. He projects the industry to hit $3 trillion by 2030!๐Ÿ’ฐ Thoughts?๐Ÿ‘‡
๐Ÿš€Agora CEO, Nick van Eck, argues yield-bearing stablecoins miss the point!๐Ÿค” He believes they should focus on utility, liquidity, and transaction means for maximum reach. Yield-bearing stablecoins may be seen as security products, limiting customer reach and liquidity. Examples include DAI, USDe, and USDM. Van Eck aims to launch Agora's digital dollar (AUSD) on Ethereum next month, focusing on utility and liquidity. Despite a tough market led by USDT and USDC, van Eck sees room for newcomers. He projects the industry to hit $3 trillion by 2030!๐Ÿ’ฐ Thoughts?๐Ÿ‘‡
๐Ÿš€Solana's token, SOL, saw a 5% rise, trading at $171 from $161, sparking investor optimism. A proposal to increase validator yields rather than burning tokens is a key driver.๐Ÿ”ฅ Solana's validators approved a proposal to eliminate the 50% burn rate on priority transactions, aiming to incentivize network security and efficiency. However, this could make SOL more inflationary. Meanwhile, SOL's price adjustment may be a reaction to the approval of an Ether (ETH) ETF in the U.S. Despite SOL's 69% YTD gains, network activity remains slow, with a mere 5% increase in DApps volumes. What's your take on SOL's future?๐Ÿค” #Solana #CryptoNews
๐Ÿš€Solana's token, SOL, saw a 5% rise, trading at $171 from $161, sparking investor optimism. A proposal to increase validator yields rather than burning tokens is a key driver.๐Ÿ”ฅ Solana's validators approved a proposal to eliminate the 50% burn rate on priority transactions, aiming to incentivize network security and efficiency. However, this could make SOL more inflationary. Meanwhile, SOL's price adjustment may be a reaction to the approval of an Ether (ETH) ETF in the U.S. Despite SOL's 69% YTD gains, network activity remains slow, with a mere 5% increase in DApps volumes. What's your take on SOL's future?๐Ÿค” #Solana #CryptoNews
๐Ÿš€ YouTube co-founder Steve Chen is backing a memecoin called Pajamas (PAJAMAS), inspired by one of the first cat videos uploaded on YouTube in 2005. ๐Ÿ˜บ Chen, with a net worth of over $1 billion, is putting in 80-100 hours a week to support the project, available on the Solana blockchain. Despite the risks, he's diving headfirst into the Web3 world, citing a "complete emptiness of trust everyone has for everyone else." Pajamas, the cat and the coin, are both making waves. The coin had a market cap of over $20m at launch. Got thoughts? Share below! ๐Ÿ’ญ #CryptoNews #MemeCoin
๐Ÿš€ YouTube co-founder Steve Chen is backing a memecoin called Pajamas (PAJAMAS), inspired by one of the first cat videos uploaded on YouTube in 2005. ๐Ÿ˜บ Chen, with a net worth of over $1 billion, is putting in 80-100 hours a week to support the project, available on the Solana blockchain. Despite the risks, he's diving headfirst into the Web3 world, citing a "complete emptiness of trust everyone has for everyone else." Pajamas, the cat and the coin, are both making waves. The coin had a market cap of over $20m at launch. Got thoughts? Share below! ๐Ÿ’ญ #CryptoNews #MemeCoin
๐Ÿš€ Ether (ETH) is flirting with $4,000, folks! ๐Ÿ˜Ž After a 27% rise from a low of $3,048 on May 20, ETH is showing off its moves. This dance towards $4K is seen as a big deal, despite a lukewarm performance post-ETF approval. Crypto analyst Jelle says ETH is ready to enter the "stratosphere" after a long accumulation period. Meanwhile, Michaรซl van de Poppe sees a bullish divergence, hinting at capital rotation from Bitcoin to altcoins. But wait, there's more! ETH balance on exchanges is at a six-year low, suggesting traders are in for the long haul. What's your take? ๐Ÿ“ˆ๐Ÿ“‰ #ETH #CryptoNews
๐Ÿš€ Ether (ETH) is flirting with $4,000, folks! ๐Ÿ˜Ž After a 27% rise from a low of $3,048 on May 20, ETH is showing off its moves. This dance towards $4K is seen as a big deal, despite a lukewarm performance post-ETF approval. Crypto analyst Jelle says ETH is ready to enter the "stratosphere" after a long accumulation period. Meanwhile, Michaรซl van de Poppe sees a bullish divergence, hinting at capital rotation from Bitcoin to altcoins. But wait, there's more! ETH balance on exchanges is at a six-year low, suggesting traders are in for the long haul. What's your take? ๐Ÿ“ˆ๐Ÿ“‰ #ETH #CryptoNews
๐ŸŽ‰๐Ÿš€ SEC says "Yes" to spot Ether ETFs! VanEck, BlackRock, Fidelity, Grayscale, Franklin Templeton, ARK 21Shares, Invesco Galaxy, and Bitwise are all set to list and trade ETH ETFs. Unlike BTC ETFs, these were approved by the SECโ€™s Trading and Markets Division. However, don't rush to your trading apps just yet, it might be weeks or months before they debut. ๐Ÿ“ˆ๐Ÿ’ฐ Meanwhile, in Hong Kong, Worldcoin has been ordered to freeze operations due to privacy violations. The city's Privacy Commissioner found the project's iris and facial scanning unnecessary. ๐Ÿ›‘๐Ÿ‘๏ธ In Florida, Binance.US is celebrating as it gets its money-services business license reinstated. The state's appeals court found the initial suspension lacked legal justification. ๐Ÿ›๏ธ๐Ÿ’ผ Lastly, the CBDC Anti-Surveillance State Act has passed the U.S. House of Representatives. The bill aims to prevent Federal Reserve banks from offering certain products directly to individuals and prohibits the use of CBDC for monetary policy. ๐Ÿฆ๐Ÿ”’ What are your thoughts on these developments? Let's chat in the comments! ๐Ÿ‘‡
๐ŸŽ‰๐Ÿš€ SEC says "Yes" to spot Ether ETFs! VanEck, BlackRock, Fidelity, Grayscale, Franklin Templeton, ARK 21Shares, Invesco Galaxy, and Bitwise are all set to list and trade ETH ETFs. Unlike BTC ETFs, these were approved by the SECโ€™s Trading and Markets Division. However, don't rush to your trading apps just yet, it might be weeks or months before they debut. ๐Ÿ“ˆ๐Ÿ’ฐ

Meanwhile, in Hong Kong, Worldcoin has been ordered to freeze operations due to privacy violations. The city's Privacy Commissioner found the project's iris and facial scanning unnecessary. ๐Ÿ›‘๐Ÿ‘๏ธ

In Florida, Binance.US is celebrating as it gets its money-services business license reinstated. The state's appeals court found the initial suspension lacked legal justification. ๐Ÿ›๏ธ๐Ÿ’ผ

Lastly, the CBDC Anti-Surveillance State Act has passed the U.S. House of Representatives. The bill aims to prevent Federal Reserve banks from offering certain products directly to individuals and prohibits the use of CBDC for monetary policy. ๐Ÿฆ๐Ÿ”’

What are your thoughts on these developments? Let's chat in the comments! ๐Ÿ‘‡
๐Ÿš€Solana (SOL) validators are now pocketing 100% of priority fees, thanks to a 77% vote in favor. Previously, these fees were split 50/50 with the token-burning mechanism.๐Ÿ’ฐ SOL's price has soared, peaking at $210 in March 2024 and currently hovering around $171. But it's not all sunshine and rainbows. ๐ŸŒˆ Solana's network has crashed four times due to congestion issues, with the first major crash in September 2021 lasting a whopping 17 hours! ๐Ÿ˜ฑ Despite these hiccups, Solana remains the fastest blockchain network, hitting a record 1,504 TPS in April 2024. What's your take on Solana's speed vs. stability debate? Comment below! ๐Ÿ‘‡
๐Ÿš€Solana (SOL) validators are now pocketing 100% of priority fees, thanks to a 77% vote in favor. Previously, these fees were split 50/50 with the token-burning mechanism.๐Ÿ’ฐ SOL's price has soared, peaking at $210 in March 2024 and currently hovering around $171. But it's not all sunshine and rainbows. ๐ŸŒˆ Solana's network has crashed four times due to congestion issues, with the first major crash in September 2021 lasting a whopping 17 hours! ๐Ÿ˜ฑ Despite these hiccups, Solana remains the fastest blockchain network, hitting a record 1,504 TPS in April 2024. What's your take on Solana's speed vs. stability debate? Comment below! ๐Ÿ‘‡
๐Ÿš€ Ronin network, the Ethereum sidechain that hosts Axie Infinity and Pixels, is soaring with 1.4 million daily users, making it the second most active blockchain. But something's fishy ๐Ÿ . Despite the user surge, Ronin only generated the 13th highest fee revenue in the past month. The culprit? Bots! Singapore-based ChainArgos suggests Pixels' high wallet count may be bot-influenced. But fear not, Pixels is on a bot-ban spree, recently axing 750,000 accounts in a week. So, are you a real player or a bot? Let's discuss in the comments! ๐ŸŽฎ๐Ÿ‘พ
๐Ÿš€ Ronin network, the Ethereum sidechain that hosts Axie Infinity and Pixels, is soaring with 1.4 million daily users, making it the second most active blockchain. But something's fishy ๐Ÿ . Despite the user surge, Ronin only generated the 13th highest fee revenue in the past month. The culprit? Bots! Singapore-based ChainArgos suggests Pixels' high wallet count may be bot-influenced. But fear not, Pixels is on a bot-ban spree, recently axing 750,000 accounts in a week. So, are you a real player or a bot? Let's discuss in the comments! ๐ŸŽฎ๐Ÿ‘พ
๐ŸŽ‰ Bitcoin (BTC) finally broke the $70,000 barrier, but don't pop the champagne just yet! Analysts predict a few more weeks of sideways action. ๐Ÿ˜ด Meanwhile, Ether (ETH) is stealing the spotlight, with bullish predictions of a rally to $4,500 before the launch of spot ETFs. ๐Ÿ’ช Altcoins are also expected to play catch up after BTC and ETH's rally. As for the S&P 500 Index, it's holding strong above the breakout level of 5,265, hinting at bullish control. ๐Ÿ“ˆ However, the U.S. Dollar Index's recovery attempt has hit a snag, suggesting bearish dominance. ๐Ÿ“‰ So, what's your crypto pick of the week? Let's discuss in the comments! ๐Ÿ‘‡
๐ŸŽ‰ Bitcoin (BTC) finally broke the $70,000 barrier, but don't pop the champagne just yet! Analysts predict a few more weeks of sideways action. ๐Ÿ˜ด Meanwhile, Ether (ETH) is stealing the spotlight, with bullish predictions of a rally to $4,500 before the launch of spot ETFs. ๐Ÿ’ช Altcoins are also expected to play catch up after BTC and ETH's rally. As for the S&P 500 Index, it's holding strong above the breakout level of 5,265, hinting at bullish control. ๐Ÿ“ˆ However, the U.S. Dollar Index's recovery attempt has hit a snag, suggesting bearish dominance. ๐Ÿ“‰ So, what's your crypto pick of the week? Let's discuss in the comments! ๐Ÿ‘‡
๐Ÿ“ฃGopax, a South Korean crypto exchange, is in hot water! ๐ŸŒŠ They owe users a whopping $51.4 million due to a failed partnership with Genesis Global. But wait, there's more! Gopax only paid half of this debt, leaving users in a lurch. ๐Ÿ˜ฑ Now, the unpaid digital assets have skyrocketed to $69,000 per Bitcoin. Talk about a plot twist! ๐Ÿ”„ Meanwhile, Binance's acquisition of Gopax is on hold due to a lawsuit. On a brighter note, Genesis secured a $3 billion approval to return cash and cryptocurrency to creditors. What's your take on this rollercoaster ride? ๐ŸŽข Comment below! ๐Ÿ‘‡
๐Ÿ“ฃGopax, a South Korean crypto exchange, is in hot water! ๐ŸŒŠ They owe users a whopping $51.4 million due to a failed partnership with Genesis Global. But wait, there's more! Gopax only paid half of this debt, leaving users in a lurch. ๐Ÿ˜ฑ Now, the unpaid digital assets have skyrocketed to $69,000 per Bitcoin. Talk about a plot twist! ๐Ÿ”„ Meanwhile, Binance's acquisition of Gopax is on hold due to a lawsuit. On a brighter note, Genesis secured a $3 billion approval to return cash and cryptocurrency to creditors. What's your take on this rollercoaster ride? ๐ŸŽข Comment below! ๐Ÿ‘‡
๐Ÿ”Crypto detective ZachXBT has linked the Sol team, creators of the Solana-based memecoin CAT, to a recent hack of influencer Gigantic-Cassocked-Rebirth's account. The team allegedly manipulated their own coin launch to control over 63% of the CAT supply, selling over $5 million worth of CAT memecoin. Part of the funds were used to open long positions on ORDI and Ether.fi, with the hacked influencer's account then used to spike ORDI's price. ๐Ÿ˜ฒ ZachXBT's verdict? "Scammers are low IQ as evident by the awful execution." What do you think? Comment below! ๐Ÿ•ต๏ธโ€โ™‚๏ธ๐Ÿ’ฌ Remember, folks, don't let meme coin callers farm you just because they have an expensive username and make mysterious posts. Stay safe out there! ๐Ÿ’ช๐Ÿ”’
๐Ÿ”Crypto detective ZachXBT has linked the Sol team, creators of the Solana-based memecoin CAT, to a recent hack of influencer Gigantic-Cassocked-Rebirth's account. The team allegedly manipulated their own coin launch to control over 63% of the CAT supply, selling over $5 million worth of CAT memecoin. Part of the funds were used to open long positions on ORDI and Ether.fi, with the hacked influencer's account then used to spike ORDI's price. ๐Ÿ˜ฒ

ZachXBT's verdict? "Scammers are low IQ as evident by the awful execution." What do you think? Comment below! ๐Ÿ•ต๏ธโ€โ™‚๏ธ๐Ÿ’ฌ

Remember, folks, don't let meme coin callers farm you just because they have an expensive username and make mysterious posts. Stay safe out there! ๐Ÿ’ช๐Ÿ”’
๐Ÿ“ฃ News Flash! Nomura Holdings and GMO Internet Group are joining forces to issue JPY and USD stablecoins in Japan. ๐Ÿ‡ฏ๐Ÿ‡ต๐Ÿ’ฑ This comes after Japan's government passed legislation in 2022 to establish a clear regulatory framework for stablecoins. The partnership aims to explore the issuance, redemption, and circulation mechanisms of a JPY/USD stablecoin business. This could be a game-changer for digital asset accessibility and innovation in Japan's financial landscape. Remember TerraUSD's dramatic collapse? ๐Ÿ˜ฑ Japan's Financial Services Agency prefers stablecoins backed by actual fiat reserves to avoid such disasters. What are your thoughts on this development? Let's chat in the comments! ๐Ÿ’ฌ #CryptoNews #StablecoinsInJapan
๐Ÿ“ฃ News Flash! Nomura Holdings and GMO Internet Group are joining forces to issue JPY and USD stablecoins in Japan. ๐Ÿ‡ฏ๐Ÿ‡ต๐Ÿ’ฑ This comes after Japan's government passed legislation in 2022 to establish a clear regulatory framework for stablecoins.

The partnership aims to explore the issuance, redemption, and circulation mechanisms of a JPY/USD stablecoin business. This could be a game-changer for digital asset accessibility and innovation in Japan's financial landscape.

Remember TerraUSD's dramatic collapse? ๐Ÿ˜ฑ Japan's Financial Services Agency prefers stablecoins backed by actual fiat reserves to avoid such disasters.

What are your thoughts on this development? Let's chat in the comments! ๐Ÿ’ฌ #CryptoNews #StablecoinsInJapan
๐Ÿ”ฎ Worldcoin, the AI-centric crypto project, is facing backlash over privacy concerns. Its iris-scanning silver sphere has already scanned 5 million people, rewarding them with 25 WLD (~$115) each. But privacy advocates, including Edward Snowden, aren't amused. ๐Ÿ™…โ€โ™‚๏ธ Regulators in Spain and Hong Kong have put a halt to Worldcoin's operations, citing concerns over biometric data collection. In response, Worldcoin has made its Orb software open-source and introduced a "Personal Custody" feature for users to self-custody their data. Will this be enough to appease the critics? Share your thoughts below! ๐Ÿ‘‡
๐Ÿ”ฎ Worldcoin, the AI-centric crypto project, is facing backlash over privacy concerns. Its iris-scanning silver sphere has already scanned 5 million people, rewarding them with 25 WLD (~$115) each. But privacy advocates, including Edward Snowden, aren't amused. ๐Ÿ™…โ€โ™‚๏ธ Regulators in Spain and Hong Kong have put a halt to Worldcoin's operations, citing concerns over biometric data collection. In response, Worldcoin has made its Orb software open-source and introduced a "Personal Custody" feature for users to self-custody their data. Will this be enough to appease the critics? Share your thoughts below! ๐Ÿ‘‡
๐Ÿš€ PEPE coin is riding high, folks! Up 7.6% to a record $0.00001725, thanks to Uncle Sam's recent approval of Ether ETF filings. ๐ŸŽ‰ Ethereum-based memecoins are the new black, with Dogecoin, Shiba Inu, and Mog Coin also strutting their stuff. But don't pop the champagne just yet! PEPE's "bearish divergence" hints at a possible price reversal, similar to the 40% crash in January. ๐Ÿ“‰ Plus, PEPE's wealthiest investors are cashing out, adding to the sell-off risks. Still, some traders are holding onto their PEPE stash. What's your move? Comment below! ๐Ÿ‘‡ #CryptoNews #PEPEcoin
๐Ÿš€ PEPE coin is riding high, folks! Up 7.6% to a record $0.00001725, thanks to Uncle Sam's recent approval of Ether ETF filings. ๐ŸŽ‰ Ethereum-based memecoins are the new black, with Dogecoin, Shiba Inu, and Mog Coin also strutting their stuff. But don't pop the champagne just yet! PEPE's "bearish divergence" hints at a possible price reversal, similar to the 40% crash in January. ๐Ÿ“‰ Plus, PEPE's wealthiest investors are cashing out, adding to the sell-off risks. Still, some traders are holding onto their PEPE stash. What's your move? Comment below! ๐Ÿ‘‡ #CryptoNews #PEPEcoin
๐ŸŽฉ Hats off to the mysterious trader "0x303" who turned a $535K investment into a whopping $2.7M profit in just 3 days! ๐Ÿค‘ This crypto wizard bought 6 billion MAGA (TRUMP) meme tokens and sold 1.5 billion for a 505-fold return. The MAGA token, which has seen significant surges following pro-crypto comments by Donald Trump, is currently up over 82% in the past 24 hours. But hold your horses, folks! ๐ŸŽ Some are crying foul, suggesting insider trading or MEV bot activity. What do you think? Insider trading or just a savvy trader? Let's hear your thoughts below! Remember, trading memecoins comes with high risks and price volatility. Trade smart! ๐Ÿš€
๐ŸŽฉ Hats off to the mysterious trader "0x303" who turned a $535K investment into a whopping $2.7M profit in just 3 days! ๐Ÿค‘ This crypto wizard bought 6 billion MAGA (TRUMP) meme tokens and sold 1.5 billion for a 505-fold return. The MAGA token, which has seen significant surges following pro-crypto comments by Donald Trump, is currently up over 82% in the past 24 hours. But hold your horses, folks! ๐ŸŽ Some are crying foul, suggesting insider trading or MEV bot activity. What do you think? Insider trading or just a savvy trader? Let's hear your thoughts below! Remember, trading memecoins comes with high risks and price volatility. Trade smart! ๐Ÿš€
๐ŸŽ‰ Bitget, a top-tier crypto exchange, has appointed Gracy Chen as its new CEO, making waves in the male-dominated crypto industry. ๐Ÿš€ Chen, the only female CEO among top crypto exchanges, aims to foster a broader perspective, with a focus on compliance, long-term growth in emerging markets, and women-focused initiatives. She's already kick-started a $10M project, #Blockchain4Her, to empower women in the blockchain space. Chen plans to build a strong international presence, with Bitget recently securing licenses in Poland and Lithuania. Let's hear your thoughts below! ๐Ÿ’ฌ๐Ÿ‘‡
๐ŸŽ‰ Bitget, a top-tier crypto exchange, has appointed Gracy Chen as its new CEO, making waves in the male-dominated crypto industry. ๐Ÿš€ Chen, the only female CEO among top crypto exchanges, aims to foster a broader perspective, with a focus on compliance, long-term growth in emerging markets, and women-focused initiatives. She's already kick-started a $10M project, #Blockchain4Her, to empower women in the blockchain space. Chen plans to build a strong international presence, with Bitget recently securing licenses in Poland and Lithuania. Let's hear your thoughts below! ๐Ÿ’ฌ๐Ÿ‘‡
๐Ÿš€ Ether (ETH) is eyeing a rally to $4,500 before the first spot Ether ETFs go live, according to Arthur Cheong, CEO of DeFiance Capital. Currently trading at $3,903, this would mean a 15% price surge! ๐ŸŽ‰ The prediction follows the SEC's approval of 8 spot Ether ETF issuers, including big names like VanEck, BlackRock, and Fidelity. However, a few hurdles remain, with resistance at the $4,000 and $4,100 marks. A move above $4,100 could liquidate $500M worth of short positions across all exchanges. What do you think? Will ETH hit $4,500 before ETF approval? Comment below! ๐Ÿ‘‡
๐Ÿš€ Ether (ETH) is eyeing a rally to $4,500 before the first spot Ether ETFs go live, according to Arthur Cheong, CEO of DeFiance Capital. Currently trading at $3,903, this would mean a 15% price surge! ๐ŸŽ‰ The prediction follows the SEC's approval of 8 spot Ether ETF issuers, including big names like VanEck, BlackRock, and Fidelity. However, a few hurdles remain, with resistance at the $4,000 and $4,100 marks. A move above $4,100 could liquidate $500M worth of short positions across all exchanges. What do you think? Will ETH hit $4,500 before ETF approval? Comment below! ๐Ÿ‘‡
๐ŸŽ‰ Ether ETFs have been given the green light by the SEC, sparking a lively debate in a Cointelegraph-hosted X Spaces session. Experts predict a "carbon copy horse race" ๐Ÿ‡ similar to Bitcoin's ETF launch, but with less volume. However, traders may make interesting moves, like shorting the ETF and buying ETH for staking. Meanwhile, VanEck is preparing a "strong investment case" for Ethereum, and other countries may follow suit with their own crypto ETFs. ๐ŸŒ The U.S. doesn't want to play "second fiddle," so expect more exciting developments! ๐Ÿ’ก What's your take? Share in the comments!
๐ŸŽ‰ Ether ETFs have been given the green light by the SEC, sparking a lively debate in a Cointelegraph-hosted X Spaces session. Experts predict a "carbon copy horse race" ๐Ÿ‡ similar to Bitcoin's ETF launch, but with less volume. However, traders may make interesting moves, like shorting the ETF and buying ETH for staking. Meanwhile, VanEck is preparing a "strong investment case" for Ethereum, and other countries may follow suit with their own crypto ETFs. ๐ŸŒ The U.S. doesn't want to play "second fiddle," so expect more exciting developments! ๐Ÿ’ก What's your take? Share in the comments!
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