CryptoETFs
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🌏 Taiwan Opens Access to Foreign Crypto ETFs for Professional Investors!
In a groundbreaking move, Taiwan has given professional investors the green light to access foreign crypto ETFs, marking a significant step toward integrating digital assets into mainstream financial markets. 🚀📊
This new policy means that qualified investors in Taiwan can now tap into cryptocurrency exchange-traded funds (ETFs) from other countries, giving them exposure to a broader range of digital assets. By allowing access to foreign crypto ETFs, Taiwan is embracing the growing demand for crypto investments while ensuring regulatory oversight remains intact. 🇹🇼💼
For professional investors, this opens the door to diversifying portfolios with crypto-backed assets, creating more opportunities for growth in an evolving market. With Taiwan’s forward-thinking stance, it could become a leader in bridging traditional finance with digital currencies. 🌐💰
This move also aligns with global trends as more countries explore ways to integrate cryptocurrencies into their financial systems, and it could set the stage for broader adoption of crypto-related products in the region.
#TaiwanRegulationRevamp #CryptoETFs #CryptoInvestment #DigitalAssets #Blockchain
In a groundbreaking move, Taiwan has given professional investors the green light to access foreign crypto ETFs, marking a significant step toward integrating digital assets into mainstream financial markets. 🚀📊
This new policy means that qualified investors in Taiwan can now tap into cryptocurrency exchange-traded funds (ETFs) from other countries, giving them exposure to a broader range of digital assets. By allowing access to foreign crypto ETFs, Taiwan is embracing the growing demand for crypto investments while ensuring regulatory oversight remains intact. 🇹🇼💼
For professional investors, this opens the door to diversifying portfolios with crypto-backed assets, creating more opportunities for growth in an evolving market. With Taiwan’s forward-thinking stance, it could become a leader in bridging traditional finance with digital currencies. 🌐💰
This move also aligns with global trends as more countries explore ways to integrate cryptocurrencies into their financial systems, and it could set the stage for broader adoption of crypto-related products in the region.
#TaiwanRegulationRevamp #CryptoETFs #CryptoInvestment #DigitalAssets #Blockchain
🚀 Crypto Surge Alert! 🚀
The tides are turning in the crypto seas! On September 27, 2024, Bitcoin and Ethereum ETFs made waves with jaw-dropping inflows that have investors buzzing. 📈💰
$BTC
✨ Bitcoin ETFs led the charge, reeling in a staggering $494.4 million in just one day! And it doesn’t stop there; this week alone, Bitcoin ETFs netted an incredible $1.11 billion—the biggest surge since mid-July!
Top Performers:
ARK 21Shares (ARKB): $203.1 million 🌟
Fidelity (FBTC): $123.6 million 💼
BlackRock (IBIT): $110.8 million 🔥
$ETH
Ethereum isn’t left behind! With $58.7 million in inflows on the same day, it also saw a total of $84.6 million this week. Check out the leaders in the Ethereum space:
Fidelity (FETH): $42.5 million
BlackRock (ETHA): $11.5 million
This remarkable influx of capital signifies a growing interest in crypto investments—could we be on the brink of a monumental bull run? 🌊✨
📣 Join the conversation and stay updated! Follow us on X (Twitter), CoinMarketCap, and Binance Square for the latest insights.
🪙 Ready to dive into the crypto waters? Now's your chance to explore and invest smartly! 🚀
#Bitcoin #Ethereum #CryptoETFs #Binance #InvestSmart
The tides are turning in the crypto seas! On September 27, 2024, Bitcoin and Ethereum ETFs made waves with jaw-dropping inflows that have investors buzzing. 📈💰
$BTC
✨ Bitcoin ETFs led the charge, reeling in a staggering $494.4 million in just one day! And it doesn’t stop there; this week alone, Bitcoin ETFs netted an incredible $1.11 billion—the biggest surge since mid-July!
Top Performers:
ARK 21Shares (ARKB): $203.1 million 🌟
Fidelity (FBTC): $123.6 million 💼
BlackRock (IBIT): $110.8 million 🔥
$ETH
Ethereum isn’t left behind! With $58.7 million in inflows on the same day, it also saw a total of $84.6 million this week. Check out the leaders in the Ethereum space:
Fidelity (FETH): $42.5 million
BlackRock (ETHA): $11.5 million
This remarkable influx of capital signifies a growing interest in crypto investments—could we be on the brink of a monumental bull run? 🌊✨
📣 Join the conversation and stay updated! Follow us on X (Twitter), CoinMarketCap, and Binance Square for the latest insights.
🪙 Ready to dive into the crypto waters? Now's your chance to explore and invest smartly! 🚀
#Bitcoin #Ethereum #CryptoETFs #Binance #InvestSmart
💼 Rob Strebel, Head of Relationship Management at Cumberland DRW, reveals preparations for a Bitcoin spot ETF, expressing confidence in the market's efficiency to handle billion-dollar orders, citing issuer and regulator confidence in liquidity. 📈💰 #CryptoETFs
Hong Kong's Approval of Spot Crypto ETFs Ignites Bullish Sentiments in Cryptocurrency Market
The cryptocurrency market has witnessed a surge in bullish sentiments as Hong Kong embraces the trend of spot cryptocurrency exchange-traded funds (ETFs). Bitcoin, the leading digital asset, surged above $66,000, marking a 3.02% increase over the past day, attributed to Hong Kong's ETF development.
On Monday, Hong Kong announced the approval of several spot Bitcoin and Ethereum ETFs, reflecting the city-state's commitment to positioning itself as a prominent crypto hub in the region.
China Asset Management, a notable asset manager, disclosed that its Hong Kong division received the green light from the Hong Kong Securities and Futures Commission (SFC) to provide retail asset management services linked to spot crypto ETFs. Collaborating with OSL and BOCI International, the company is set to launch spot Bitcoin and Ethereum ETFs.
Harvest Global Investments also secured initial approval from the SFC for its two spot crypto ETFs, in partnership with OSL. The move aims to address concerns regarding high margin requirements.
Additionally, Bosera Asset Management, a Hong Kong-based unit of a major Chinese asset manager, and HashKey Capital have been approved by the SFC to jointly manage two spot crypto ETFs.
The approval from the SFC comes at a strategic time, just days ahead of the highly anticipated Bitcoin halving event, injecting further optimism into the cryptocurrency market.
Hong Kong has been actively competing with other global financial centers such as Singapore and Dubai to establish itself as a focal point for cryptocurrency companies. Despite setbacks like the JPEX incident, where an unlicensed crypto exchange triggered a significant fraud, Hong Kong authorities have persisted in their efforts to attract crypto entrepreneurs.
Over the weekend, the cryptocurrency market experienced a downturn, with Bitcoin and altcoins facing significant losses. However, the announcement of Hong Kong's approval for spot BTC and ETH ETFs coincided with a market-wide recovery rally.
Bitcoin recorded a 3.1% increase in the past 24 hours, while Ethereum saw a nearly 6% surge. Other altcoins, including Solana, also witnessed gains, with a 7.4% increase, possibly fueled by recent network updates aimed at tackling congestion.
The approval of spot crypto ETFs in Hong Kong not only underscores the city's commitment to fostering innovation in the cryptocurrency space but also provides a significant boost to investor confidence, driving a resurgence in bullish sentiments across the market.
1. #CryptoETFs
2. #HongKongCrypto
3. #BullishMarket
4. #BitcoinHalving
5. #CryptocurrencyRally
On Monday, Hong Kong announced the approval of several spot Bitcoin and Ethereum ETFs, reflecting the city-state's commitment to positioning itself as a prominent crypto hub in the region.
China Asset Management, a notable asset manager, disclosed that its Hong Kong division received the green light from the Hong Kong Securities and Futures Commission (SFC) to provide retail asset management services linked to spot crypto ETFs. Collaborating with OSL and BOCI International, the company is set to launch spot Bitcoin and Ethereum ETFs.
Harvest Global Investments also secured initial approval from the SFC for its two spot crypto ETFs, in partnership with OSL. The move aims to address concerns regarding high margin requirements.
Additionally, Bosera Asset Management, a Hong Kong-based unit of a major Chinese asset manager, and HashKey Capital have been approved by the SFC to jointly manage two spot crypto ETFs.
The approval from the SFC comes at a strategic time, just days ahead of the highly anticipated Bitcoin halving event, injecting further optimism into the cryptocurrency market.
Hong Kong has been actively competing with other global financial centers such as Singapore and Dubai to establish itself as a focal point for cryptocurrency companies. Despite setbacks like the JPEX incident, where an unlicensed crypto exchange triggered a significant fraud, Hong Kong authorities have persisted in their efforts to attract crypto entrepreneurs.
Over the weekend, the cryptocurrency market experienced a downturn, with Bitcoin and altcoins facing significant losses. However, the announcement of Hong Kong's approval for spot BTC and ETH ETFs coincided with a market-wide recovery rally.
Bitcoin recorded a 3.1% increase in the past 24 hours, while Ethereum saw a nearly 6% surge. Other altcoins, including Solana, also witnessed gains, with a 7.4% increase, possibly fueled by recent network updates aimed at tackling congestion.
The approval of spot crypto ETFs in Hong Kong not only underscores the city's commitment to fostering innovation in the cryptocurrency space but also provides a significant boost to investor confidence, driving a resurgence in bullish sentiments across the market.
1. #CryptoETFs
2. #HongKongCrypto
3. #BullishMarket
4. #BitcoinHalving
5. #CryptocurrencyRally
🚨 Hold onto your hats, crypto enthusiasts! 🚨 Two US Democratic senators, Jack Reed and Laphonza Butler, are shaking up the crypto world by urging SEC chair Gary Gensler to slam the brakes on any further crypto-based spot exchange-traded funds (ETFs). 💼💥 Citing "enormous risks" to retail investors, these senators are sounding the alarm bells and calling for protection against the volatile crypto investment landscape. 📉💰
In a bold move, Reed and Butler penned a letter to Gensler, imploring him to shield investors from the perceived dangers of crypto ETFs. 📝 They argue that the SEC's green light on Bitcoin ETFs in January opened the floodgates for Wall Street to peddle risky crypto investments to everyday Americans. 😱 Now, with the possibility of Ethereum (ETH), Solana (SOL), and XRP ETFs on the horizon, the senators fear an even greater storm brewing in the crypto markets. 🌪️💸
But wait, there's more! Coinbase's chief legal officer, Paul Grewal, isn't pulling any punches in his rebuttal to the senators' claims. 💥 In a fiery retort, Grewal argues that Ethereum's spot market boasts quality metrics that rival even the largest traded equities. 💎📈 He points out that ETH's liquidity and correlation with Bitcoin make it a prime candidate for a spot ETF, challenging the senators' assertions of vulnerability and misconduct. 🔍💼
As tensions escalate and the debate rages on, it's clear that the battle over crypto ETFs is far from over. 🛡️ Will the SEC heed the senators' warning and slam the door shut on further ETF approvals, or will the crypto market continue its march toward mainstream adoption? Only time will tell! ⏳🌐 #CryptoETFs #SEC #RegulationDebate 🚀🔒
In a bold move, Reed and Butler penned a letter to Gensler, imploring him to shield investors from the perceived dangers of crypto ETFs. 📝 They argue that the SEC's green light on Bitcoin ETFs in January opened the floodgates for Wall Street to peddle risky crypto investments to everyday Americans. 😱 Now, with the possibility of Ethereum (ETH), Solana (SOL), and XRP ETFs on the horizon, the senators fear an even greater storm brewing in the crypto markets. 🌪️💸
But wait, there's more! Coinbase's chief legal officer, Paul Grewal, isn't pulling any punches in his rebuttal to the senators' claims. 💥 In a fiery retort, Grewal argues that Ethereum's spot market boasts quality metrics that rival even the largest traded equities. 💎📈 He points out that ETH's liquidity and correlation with Bitcoin make it a prime candidate for a spot ETF, challenging the senators' assertions of vulnerability and misconduct. 🔍💼
As tensions escalate and the debate rages on, it's clear that the battle over crypto ETFs is far from over. 🛡️ Will the SEC heed the senators' warning and slam the door shut on further ETF approvals, or will the crypto market continue its march toward mainstream adoption? Only time will tell! ⏳🌐 #CryptoETFs #SEC #RegulationDebate 🚀🔒
SEC Chairman Gary Gensler highlighted the inconsistency in regulators' approach to Bitcoin and Ethereum futures ETFs compared to Bitcoin spot ETFs at the MIT Bitcoin Expo in 2019. The SEC had been rejecting Bitcoin spot ETF proposals since 2017, often citing concerns about investor protection and market manipulation. This has generated debate and calls for a shift in regulatory stance. 🚫📊 #SECChairman #CryptoETFs
🌉📊 Nate Geraci, CEO of ETF Store, highlights how spot ETFs provide a bridge for traditional finance investors to explore cryptocurrency and vice versa, fostering a better understanding of both worlds. 🤝💼 #CryptoETFs #TraditionalFinance
💼 Bloomberg Analyst Foresees Positive Ripple Effect: Approval of a Bitcoin spot ETF could signal a favorable environment for an Ethereum (ETH) ETF and other crypto-related assets, including staked ETH ETPs like AETH in Europe. 📈🤝 #CryptoETFs
Ethereum and XRP ETF Approval 🚀🔄
Gensler's Vote Holds the Key: The Cryptic Path to Ethereum and XRP ETF Approval
In the ever-evolving crypto space, the recent green light for Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC) marked a milestone. However, the lingering question remains – will Ethereum and XRP ETFs follow suit? Let's unravel the intricacies that lie within SEC Chair Gary Gensler's decisive vote. 🧐💼
Gensler's Decisive Role:
The recent approval for Bitcoin spot ETFs saw a split decision among the SEC commissioners, with Gensler being one of the key players in favor. Notorious for his cautious stance on crypto, Gensler's vote holds significant weight in the approval process.
Pro-Crypto Lawyer's Insight:
Renowned pro-crypto lawyer Bill Morgan sheds light on the uncertainty surrounding future crypto ETFs. In a recent statement, Morgan emphasized the pivotal role Gensler plays in the fate of Ethereum and XRP ETFs. "You need a vote from Gary Gensler to approve a spot Ethereum or XRP ETF. Let that sink in," Morgan remarked, underscoring the critical nature of Gensler's stance.
Gensler's Reluctant Approval:
On-chain sleuth Mr. Huber pointed out that Gensler's approval for Bitcoin spot ETFs was not without reservations. Despite legal setbacks, Gensler voted for approval, acknowledging the agency's failure to adequately explain its reasoning in a past court battle with Grayscale.
Ethereum and XRP on the Horizon:
The SEC is expected to announce its decision on Ethereum spot ETFs in May 2024. While no official XRP spot ETF application has been submitted, the crypto community speculates its inevitability.
As the crypto community awaits the SEC's verdict, Gensler's role emerges as a pivotal factor. The path to Ethereum and XRP ETF approval hangs in the balance, guided by Gensler's decisions.
Stay tuned for updates on this cryptic journey! 🌐🚀
Like, share, and follow @MemeLauncher for more insights into the fascinating world of crypto!
#CryptoETFs #GenslerVote #Ethereum #XRPFutures #ETH-ETF
Gensler's Vote Holds the Key: The Cryptic Path to Ethereum and XRP ETF Approval
In the ever-evolving crypto space, the recent green light for Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC) marked a milestone. However, the lingering question remains – will Ethereum and XRP ETFs follow suit? Let's unravel the intricacies that lie within SEC Chair Gary Gensler's decisive vote. 🧐💼
Gensler's Decisive Role:
The recent approval for Bitcoin spot ETFs saw a split decision among the SEC commissioners, with Gensler being one of the key players in favor. Notorious for his cautious stance on crypto, Gensler's vote holds significant weight in the approval process.
Pro-Crypto Lawyer's Insight:
Renowned pro-crypto lawyer Bill Morgan sheds light on the uncertainty surrounding future crypto ETFs. In a recent statement, Morgan emphasized the pivotal role Gensler plays in the fate of Ethereum and XRP ETFs. "You need a vote from Gary Gensler to approve a spot Ethereum or XRP ETF. Let that sink in," Morgan remarked, underscoring the critical nature of Gensler's stance.
Gensler's Reluctant Approval:
On-chain sleuth Mr. Huber pointed out that Gensler's approval for Bitcoin spot ETFs was not without reservations. Despite legal setbacks, Gensler voted for approval, acknowledging the agency's failure to adequately explain its reasoning in a past court battle with Grayscale.
Ethereum and XRP on the Horizon:
The SEC is expected to announce its decision on Ethereum spot ETFs in May 2024. While no official XRP spot ETF application has been submitted, the crypto community speculates its inevitability.
As the crypto community awaits the SEC's verdict, Gensler's role emerges as a pivotal factor. The path to Ethereum and XRP ETF approval hangs in the balance, guided by Gensler's decisions.
Stay tuned for updates on this cryptic journey! 🌐🚀
Like, share, and follow @MemeLauncher for more insights into the fascinating world of crypto!
#CryptoETFs #GenslerVote #Ethereum #XRPFutures #ETH-ETF
SEC Chairman Gary Gensler, speaking at the MIT Bitcoin Expo in 2019, noted the inconsistency in regulators' attitudes regarding Bitcoin and Ethereum futures ETFs versus Bitcoin spot ETFs. The SEC had rejected Bitcoin spot ETF proposals since 2017 and cited concerns about safeguards. This has led to criticism and calls for a change in approach. 🚫📊 #SECChairman #CryptoETFs
📈📊 Raoul Pal of Real Vision predicts that spot BTC and ETH ETFs will gradually boost prices, likening their impact to a halving event. He emphasizes the ongoing nature of the Bitcoin ETF's impact, not a one-time event. Regulatory clarity is a hurdle for institutional entry, but spot ETFs may provide protection, attracting substantial institutional funds and driving asset price surges. 💼🚀 #CryptoETFs #InstitutionalInvestment #BitcoinWorld 🌐💹
📊 Bloomberg analyst James Seyffart comments on the SEC's first response deadline for cryptocurrency ETF applications, describing it as a predictable event. 📆🪙 #CryptoETFs
Taiwan to Consider Crypto ETFs Based on Global Trends and Regulatory Development
Taiwan’s Financial Supervisory Commission (FSC) is exploring the possibility of introducing cryptocurrency exchange-traded funds (ETFs).
The FSC revealed that it is closely studying foreign cryptocurrency futures products and ETFs. The intention is to gradually ease restrictions in alignment with global market conditions, FSC revealed to local media.
The context of this exploration coincides with several significant global developments. The Federal Reserve’s decision to cut interest rates and the upcoming review by the U.S. Securities and Exchange Commission (SEC) of the Bitcoin spot ETF in January next year have added to the momentum. The anticipation around the Bitcoin halving in April, contributing to a 150% surge this year.
The FSC recognizes the potential impact of a Bitcoin index stock fund, contingent on SEC approval and subsequent public investment permission. Taiwan’s domestic investment banks, attuned to these advancements, have expressed longstanding interest in introducing similar products.
The FSC draws parallels with global counterparts, pointing out the proliferation of cryptocurrency futures products and ETFs in various markets.
The FSC acknowledged that Canada’s Toronto Stock Exchange, Cboe Australia Exchange, and major U.S. exchanges have listed or are in the process of listing various crypto ETFs.
The FSC emphasized a phased approach based on self-discipline and standards for relaxing regulations around crypto ETFs.
As Taiwan contemplates this significant stride into the cryptocurrency ETF domain, industry players are cautiously optimistic. While some considered private placements for overseas cryptocurrency ETFs, challenges such as tightened regulatory supervision and concerns over errors and price lags led to reconsideration.
#Taiwan #ETFTrends #CryptoETFs #BinanceTournament #CryptoScoop
$BTC $ETH $XRP
Taiwan’s Financial Supervisory Commission (FSC) is exploring the possibility of introducing cryptocurrency exchange-traded funds (ETFs).
The FSC revealed that it is closely studying foreign cryptocurrency futures products and ETFs. The intention is to gradually ease restrictions in alignment with global market conditions, FSC revealed to local media.
The context of this exploration coincides with several significant global developments. The Federal Reserve’s decision to cut interest rates and the upcoming review by the U.S. Securities and Exchange Commission (SEC) of the Bitcoin spot ETF in January next year have added to the momentum. The anticipation around the Bitcoin halving in April, contributing to a 150% surge this year.
The FSC recognizes the potential impact of a Bitcoin index stock fund, contingent on SEC approval and subsequent public investment permission. Taiwan’s domestic investment banks, attuned to these advancements, have expressed longstanding interest in introducing similar products.
The FSC draws parallels with global counterparts, pointing out the proliferation of cryptocurrency futures products and ETFs in various markets.
The FSC acknowledged that Canada’s Toronto Stock Exchange, Cboe Australia Exchange, and major U.S. exchanges have listed or are in the process of listing various crypto ETFs.
The FSC emphasized a phased approach based on self-discipline and standards for relaxing regulations around crypto ETFs.
As Taiwan contemplates this significant stride into the cryptocurrency ETF domain, industry players are cautiously optimistic. While some considered private placements for overseas cryptocurrency ETFs, challenges such as tightened regulatory supervision and concerns over errors and price lags led to reconsideration.
#Taiwan #ETFTrends #CryptoETFs #BinanceTournament #CryptoScoop
$BTC $ETH $XRP
📰 FT suggests Bitcoin spot ETFs gain more value as an 'imaginary issue,' comparing crypto market dynamics to 'Candyman'; skepticism around their real impact, with potential overshadowing by Bitcoin halving next year. #bitcoinworld #CryptoETFs
🚀 Big Day in Crypto World: Bitcoin and Ethereum ETFs Approved for Trading in the UK! 🌍📈
Exciting news for the cryptocurrency community:
- 🇬🇧 UK's Financial Conduct Authority (FCA) has approved the first-ever cryptocurrency ETPs.
- WisdomTree Inc. and Invesco Digital Markets are set to list Bitcoin and Ethereum ETPs on the London Stock Exchange.
- Transactions could commence as early as May 28, according to announcements from both companies.
- Other issuers like ETC Group, 21Shares, and CoinShares have also applied to list their own crypto products in the UK.
- These ETPs will directly hold Bitcoin and Ethereum, targeting professional investors under strict FCA rules.
This landmark move aligns the UK with other global financial centers, enhancing access to digital assets for investors.
Stay tuned for more updates as these innovative products hit the market!
#Bitcoin #EthereumETFApprovalExpectations #CryptoETFs #UKFinance #CryptoNews🚀🔥
$BTC $ETH
Exciting news for the cryptocurrency community:
- 🇬🇧 UK's Financial Conduct Authority (FCA) has approved the first-ever cryptocurrency ETPs.
- WisdomTree Inc. and Invesco Digital Markets are set to list Bitcoin and Ethereum ETPs on the London Stock Exchange.
- Transactions could commence as early as May 28, according to announcements from both companies.
- Other issuers like ETC Group, 21Shares, and CoinShares have also applied to list their own crypto products in the UK.
- These ETPs will directly hold Bitcoin and Ethereum, targeting professional investors under strict FCA rules.
This landmark move aligns the UK with other global financial centers, enhancing access to digital assets for investors.
Stay tuned for more updates as these innovative products hit the market!
#Bitcoin #EthereumETFApprovalExpectations #CryptoETFs #UKFinance #CryptoNews🚀🔥
$BTC $ETH
💥 Ethereum ETFs Drop: What Does This Mean for ETH? 💎
Ethereum ETFs are now a reality, potentially transforming the crypto landscape! 📊 Institutional investors have new avenues to dive into ETH, possibly driving its price up. Stay ahead of the curve—Follow for real-time updates and future predictions on Ethereum! 🚀 #Ethereum #CryptoETFs #MarketBuzz
Ethereum ETFs are now a reality, potentially transforming the crypto landscape! 📊 Institutional investors have new avenues to dive into ETH, possibly driving its price up. Stay ahead of the curve—Follow for real-time updates and future predictions on Ethereum! 🚀 #Ethereum #CryptoETFs #MarketBuzz
$BADGER
The BADGER utility token from Badger DAO has surged in value, thanks to its listing on Binance.
BADGER, a decentralized autonomous organization (DAO), aims to accelerate Bitcoin's use as collateral for other blockchains. Within 24 hours,
BADGER rose by 20.18%, climbing from $2.8 to $4.61, peaking at $5.53.
Binance's announcement of the USDS-M BADGER Perpetual Contract launch further fueled interest in BADGER, with traders now able to leverage up to 50x. This surge coincides with Bitcoin's rise to $37,900, approaching this year's highs, signaling an overall market rally.
Excitement is mounting in anticipation of potential approval of spot Bitcoin ETFs in the United States.
#BADGER #BinanceListing #CryptoETFs #Write2Earn #TradeNTell
The BADGER utility token from Badger DAO has surged in value, thanks to its listing on Binance.
BADGER, a decentralized autonomous organization (DAO), aims to accelerate Bitcoin's use as collateral for other blockchains. Within 24 hours,
BADGER rose by 20.18%, climbing from $2.8 to $4.61, peaking at $5.53.
Binance's announcement of the USDS-M BADGER Perpetual Contract launch further fueled interest in BADGER, with traders now able to leverage up to 50x. This surge coincides with Bitcoin's rise to $37,900, approaching this year's highs, signaling an overall market rally.
Excitement is mounting in anticipation of potential approval of spot Bitcoin ETFs in the United States.
#BADGER #BinanceListing #CryptoETFs #Write2Earn #TradeNTell
🗞 Jacquelyn Melinek, a TechCrunch reporter, believes there is a substantial chance of approval for an Ethereum (ETH) or Ripple (XRP) spot ETF. She goes on to suggest that the XRP spot ETF might even launch before the ETH spot ETF. It's worth noting that Valkyrie's consideration of launching an ETH or XRP spot ETF was not mentioned in her statement. 🚀📰 #CryptoETFs #ETH2024 #XRPPricePrediction 📊💼
📉
After ETF approval, BTC dropped for 12 days, totaling a 22% loss. Then, it hit its lowest point. A bounce back began three days later. It took 17 days to return to its previous level.
Similarly, ETH also fell for 12 days after the ETF approval, dropping 25%. Now, we need to see what happens next.
🔍📊
#CryptoETFs
After ETF approval, BTC dropped for 12 days, totaling a 22% loss. Then, it hit its lowest point. A bounce back began three days later. It took 17 days to return to its previous level.
Similarly, ETH also fell for 12 days after the ETF approval, dropping 25%. Now, we need to see what happens next.
🔍📊
#CryptoETFs
🚨 SEC Warns on Bitcoin and Ether ETFs — Here’s What It Means for Investors! 🚨
The SEC has sounded the alarm on Bitcoin (BTC) and Ethereum (ETH) ETFs, calling them highly speculative investments. With these cryptos leading the market, the regulatory body urges investors to tread carefully. 🛑
As crypto-related products grow in popularity, so do the risks. If you're planning to invest in BTC or ETH ETFs, stay sharp and be ready for those market twists and turns. 📉📈
Remember, with big rewards come big risks. Be smart, stay informed, and trade with caution. 🚀
#CryptoInvesting #BTC #ETH #CryptoETFs #SECWarning
$BTC
$ETH
$BNB
The SEC has sounded the alarm on Bitcoin (BTC) and Ethereum (ETH) ETFs, calling them highly speculative investments. With these cryptos leading the market, the regulatory body urges investors to tread carefully. 🛑
As crypto-related products grow in popularity, so do the risks. If you're planning to invest in BTC or ETH ETFs, stay sharp and be ready for those market twists and turns. 📉📈
Remember, with big rewards come big risks. Be smart, stay informed, and trade with caution. 🚀
#CryptoInvesting #BTC #ETH #CryptoETFs #SECWarning
$BTC
$ETH
$BNB
