ETFApprovalHype
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You know what is crazy?
Bitcoin is surging above $44,000 even though not a single Spot ETF has been accepted yet.
Something tells me we are headed much higher than people expect.
$46,800 is the next BIG level to keep your eyes on Also it stands as a key price level incase price breaks or go above it , Bitcoin is so sure of hitting $60,000 which will be 320x to all BTC holders
It's pretty clear that between January 5-10th we'll be seeing an approval or delay on the Spot #Bitcoin ETF applications.
Until that day, I don't think we'll have very large corrections, but a trend upwards. December is probably a good month in that regard with the hype.
#Bitcoin $BTC #ETFApprovalHype #AltcoinPotential
Bitcoin is surging above $44,000 even though not a single Spot ETF has been accepted yet.
Something tells me we are headed much higher than people expect.
$46,800 is the next BIG level to keep your eyes on Also it stands as a key price level incase price breaks or go above it , Bitcoin is so sure of hitting $60,000 which will be 320x to all BTC holders
It's pretty clear that between January 5-10th we'll be seeing an approval or delay on the Spot #Bitcoin ETF applications.
Until that day, I don't think we'll have very large corrections, but a trend upwards. December is probably a good month in that regard with the hype.
#Bitcoin $BTC #ETFApprovalHype #AltcoinPotential
JUST IN: 🇨🇭City of Lugano now accepts #Bitcoin for payment of municipal taxes and services.
$BTC #BinanceTournament #BTC #ETFApprovalHype
$BTC #BinanceTournament #BTC #ETFApprovalHype
Why spot Bitcoin ETF matters❓
Bitcoin is often compared to gold as a store of value, and this comparison has now gained traction in mainstream media.
It's quite likely that we are on the verge of the launch of a spot Bitcoin ETF (exchange-traded fund). To better understand the hype around this, all you have to do is to take a look at the gold chart.
The first commodity ETF, the SPDR Gold Trust, triggered an eight-year rally from 2005 to 2012 without a single downturn.
🧑🏻🏫 Through ETFs, investors get direct and simple access to an asset without the need for associated costs, such as transportation (for gold) or the need to learn a basics of a new technology (for Bitcoin).
This is precisely why the market is anticipating the launch. An ETF will open up access to capital that was previously hesitant to enter the crypto space. Keep in mind - the stock market's volume is 250 times larger than the entire crypto market.
💁🏻 The impact of these inflows on the price? I believe you've already grasped the concept.
#BTC #ETFBitcoin #ETFApprovalHype #ETFRally #ETFLAUNCH
Bitcoin is often compared to gold as a store of value, and this comparison has now gained traction in mainstream media.
It's quite likely that we are on the verge of the launch of a spot Bitcoin ETF (exchange-traded fund). To better understand the hype around this, all you have to do is to take a look at the gold chart.
The first commodity ETF, the SPDR Gold Trust, triggered an eight-year rally from 2005 to 2012 without a single downturn.
🧑🏻🏫 Through ETFs, investors get direct and simple access to an asset without the need for associated costs, such as transportation (for gold) or the need to learn a basics of a new technology (for Bitcoin).
This is precisely why the market is anticipating the launch. An ETF will open up access to capital that was previously hesitant to enter the crypto space. Keep in mind - the stock market's volume is 250 times larger than the entire crypto market.
💁🏻 The impact of these inflows on the price? I believe you've already grasped the concept.
#BTC #ETFBitcoin #ETFApprovalHype #ETFRally #ETFLAUNCH
🚀 Exciting News in Crypto! 🌐💡
🎉 **Breaking Ground:** SEC Greenlights First Spot Bitcoin ETFs!
📅 **Key Milestone:** The SEC's official approval is a game-changer, bringing spot Bitcoin ETFs to the forefront. 🚀
🌐 **Enhanced Transparency:** SEC Chair Gary Gensler highlights improved market transparency, offering investors regulated access to the dynamic world of BTC.
🔓 **Opportunities Unleashed:** Spot Bitcoin ETFs open doors for both institutional and retail investors, providing a regulated gateway to the booming Bitcoin market.
📊 **Value Surge Anticipation:** Analysts foresee a surge in institutional capital, potentially propelling BTC to new heights. This historic approval cements Bitcoin as a legitimate asset class.
🚀 **Countdown Begins:** The launch date remains unconfirmed, but the debut on major exchanges later this week is set to reshape market dynamics and influence investor sentiment.
🌐 **Regulatory Landscape Shift:** SEC's decision signals a significant shift, affirming Bitcoin's acceptance in traditional financial realms. Future developments in BTC-based financial instruments are on the horizon.
🚀 **Stay Ahead with Defidraft:** Follow for exclusive insights on crypto trends! 💡🌐 Don't miss the latest updates – secure your spot in the future of finance!
CryptoNews BitcoinETF SECApproval DefidraftInsights 🚀📈
#ETFApprovalHype #ETFsApproval #ETFApproval2024 #cryptocrurrency #crypto2024
🎉 **Breaking Ground:** SEC Greenlights First Spot Bitcoin ETFs!
📅 **Key Milestone:** The SEC's official approval is a game-changer, bringing spot Bitcoin ETFs to the forefront. 🚀
🌐 **Enhanced Transparency:** SEC Chair Gary Gensler highlights improved market transparency, offering investors regulated access to the dynamic world of BTC.
🔓 **Opportunities Unleashed:** Spot Bitcoin ETFs open doors for both institutional and retail investors, providing a regulated gateway to the booming Bitcoin market.
📊 **Value Surge Anticipation:** Analysts foresee a surge in institutional capital, potentially propelling BTC to new heights. This historic approval cements Bitcoin as a legitimate asset class.
🚀 **Countdown Begins:** The launch date remains unconfirmed, but the debut on major exchanges later this week is set to reshape market dynamics and influence investor sentiment.
🌐 **Regulatory Landscape Shift:** SEC's decision signals a significant shift, affirming Bitcoin's acceptance in traditional financial realms. Future developments in BTC-based financial instruments are on the horizon.
🚀 **Stay Ahead with Defidraft:** Follow for exclusive insights on crypto trends! 💡🌐 Don't miss the latest updates – secure your spot in the future of finance!
CryptoNews BitcoinETF SECApproval DefidraftInsights 🚀📈
#ETFApprovalHype #ETFsApproval #ETFApproval2024 #cryptocrurrency #crypto2024
Incoming ETF Approval
Given the timing of pending comment periods and approval deadlines of rival applicants, Seyffart and other analysts expect a simultaneous approval of multiple Bitcoin spot ETFs between January 5 and January 10.
Bitcoin derivatives markets are looking bearish ahead of that approval date, suggesting that many believe the ETF approval will be a “sell the news” event.
Others, however – including former NYSE president President Tom Farley – believe money will “flood into the industry once an ETF is approved.
#ETFBitcoin #BTC #ETFApprovalHype #ETF
Given the timing of pending comment periods and approval deadlines of rival applicants, Seyffart and other analysts expect a simultaneous approval of multiple Bitcoin spot ETFs between January 5 and January 10.
Bitcoin derivatives markets are looking bearish ahead of that approval date, suggesting that many believe the ETF approval will be a “sell the news” event.
Others, however – including former NYSE president President Tom Farley – believe money will “flood into the industry once an ETF is approved.
#ETFBitcoin #BTC #ETFApprovalHype #ETF
Kaspa ETF's
Kaspa ETF's launch on Feb 1st, 2024, promises to revolutionize cryptocurrency with a unique burn mechanism, offering investors an electrifying opportunity for exponential growth in the digital asset space.Sudbury, Ontario, Canada - January 18, 2024 —Kaspa ETF, a groundbreaking financial innovation poised to revolutionize the world of cryptocurrency, is gearing up for its highly anticipated launch on February 1st, 2024. With a mission to propel investors into the stratosphere of investment opportunity, Kaspa ETF is set to leave an indelible mark on the crypto universe, inviting savvy investors to join the next big thing in digital assets.At the core of Kaspa ETF's alchemical blend is a groundbreaking burn mechanism, poised to transform the KASETF token into a rare and precious commodity that appreciates with every transaction. By systematically incinerating a portion of tokens used in fees, Kaspa ETF guarantees that investments retain their value and possess the potential to soar as supply diminishes and demand surges.ICO Release Date.The launch date, February 1st, 2024, presents a golden opportunity for crypto enthusiasts to get on board with this revolutionary initiative.Join the Vanguard of the Investment Revolution.Investors are encouraged to seize their spot at the forefront of the investment revolution. The Kaspa ETF’s roadmap is a thrilling odyssey, charting a course through meticulously planned milestones that promise to catapult the ETF to legendary status. This is a chance for everyone to be part of a saga that will be remembered as the genesis of a new financial paradigm.Embrace the Token That Transcends the Norm.Owning KASETF tokens is not merely an investment; it's an act of joining a pantheon of visionaries. Each token represents a share in the ETF, transcending digital currency to become a piece of the future, a share in an enterprise that epitomizes growth, innovation, and the relentless pursuit of excellence.Kaspa ETF stands as a beacon for those demanding more from their investments—a banner rallying the fearless, forward-thinkers, and pioneers of progress who understand that true wealth lies at the intersection of innovation and action. This is every crypto investor's call to arms—a summons to join the ranks of those shaping the course of digital finance.Investors embracing KASETF are not just embracing a token; they are embracing a legacy. They are claiming their piece of a platform built on the bedrock of security, fueled by the fires of innovation, and crowned with a burn mechanism that ensures investments are safeguarded and poised for exponential growth.Join the Vanguard of the Investment Revolution.Investors are encouraged to seize their spot at the forefront of the investment revolution. The Kaspa ETF’s roadmap is a thrilling odyssey, charting a course through meticulously planned milestones that promise to catapult the ETF to legendary status. This is a chance for everyone to be part of a saga that will be remembered as the genesis of a new financial paradigm.Embrace the Token That Transcends the Norm.Owning KASETF tokens is not merely an investment; it's an act of joining a pantheon of visionaries. Each token represents a share in the ETF, transcending digital currency to become a piece of the future, a share in an enterprise that epitomizes growth, innovation, and the relentless pursuit of excellence.Kaspa ETF stands as a beacon for those demanding more from their investments—a banner rallying the fearless, forward-thinkers, and pioneers of progress who understand that true wealth lies at the intersection of innovation and action.Investors embracing KASETF are not just embracing a token; they are embracing a legacy. They are claiming their piece of a platform built on the bedrock of security, fueled by the fires of innovation, and crowned with a burn mechanism that ensures investments are safeguarded and poised for exponential growth. #ETFApprovalHype
🔔 Hong Kong's Securities and Futures Commission Welcomes Spot Crypto ETF Applications !
#BTC #sol #ETFApprovalHype #ETFBitcoin #ETFDecisionComingSoon
#BTC #sol #ETFApprovalHype #ETFBitcoin #ETFDecisionComingSoon
There is no worse feeling than expecting a dump to get a really good entry
Then Bitcoin pumps hard!
I know most of you are pissed off 😠 just because you were waiting to buy bitcoin at 15-35k😂
We are Sorry for them though, don’t FOMO😌👍
This time is coming 🚀
👀Follow us if you’re one of them😌
🔥Follow us if you are bullish 🫶
#ETFApprovalHype #Bitcoin #fomo
Then Bitcoin pumps hard!
I know most of you are pissed off 😠 just because you were waiting to buy bitcoin at 15-35k😂
We are Sorry for them though, don’t FOMO😌👍
This time is coming 🚀
👀Follow us if you’re one of them😌
🔥Follow us if you are bullish 🫶
#ETFApprovalHype #Bitcoin #fomo
1. Bloomberg's ETF analyst, James Seyffart, reports on VanEck's fifth S-1 filing for a Bitcoin ETF.
2. VanEck aims to launch a cryptocurrency exchange-traded fund (ETF).
3. This submission signifies ongoing attempts by VanEck to secure regulatory approval.
4. It's a significant step in their persistent pursuit of offering a Bitcoin ETF.
5. VanEck's repeated amendments suggest adaptability to regulatory requirements.
6. The S-1 filing is a formal document required for ETF approval by the SEC.
7. A Bitcoin ETF would allow investors to trade Bitcoin on traditional stock exchanges.
8. Regulatory hurdles have delayed the launch of a Bitcoin ETF in the U.S.
9. VanEck's persistence showcases a commitment to entering the crypto market through ETFs.
10. Approval of a Bitcoin ETF could potentially expand cryptocurrency investment accessibility for traditional investors.
#BTC #ETFApprovalHype
2. VanEck aims to launch a cryptocurrency exchange-traded fund (ETF).
3. This submission signifies ongoing attempts by VanEck to secure regulatory approval.
4. It's a significant step in their persistent pursuit of offering a Bitcoin ETF.
5. VanEck's repeated amendments suggest adaptability to regulatory requirements.
6. The S-1 filing is a formal document required for ETF approval by the SEC.
7. A Bitcoin ETF would allow investors to trade Bitcoin on traditional stock exchanges.
8. Regulatory hurdles have delayed the launch of a Bitcoin ETF in the U.S.
9. VanEck's persistence showcases a commitment to entering the crypto market through ETFs.
10. Approval of a Bitcoin ETF could potentially expand cryptocurrency investment accessibility for traditional investors.
#BTC #ETFApprovalHype
🔴 3 Major Events Coming Soon:
These events will change the crypto game.
1️⃣ Bitcoin ETF approval:
Rumors say the date expected between 5th and 10th of January.
2️⃣ USA Interest Rates:
Lowering interest rates expected on the first quarter of 2024.
3️⃣ Bitcoin Halving Date:
17th of April, mark thus day well as we could witness the beginning of the Bull Run.
⚪️ These 3 events are the major upcoming events to keep an eye on. Prices will be definitely affected. Use the coming months to increase wisely your crypto portfolio.
All The Best 💰
#BitcoinHalvingEvent #InterestRateSpeculation #ETFApprovalHype
$BTC
These events will change the crypto game.
1️⃣ Bitcoin ETF approval:
Rumors say the date expected between 5th and 10th of January.
2️⃣ USA Interest Rates:
Lowering interest rates expected on the first quarter of 2024.
3️⃣ Bitcoin Halving Date:
17th of April, mark thus day well as we could witness the beginning of the Bull Run.
⚪️ These 3 events are the major upcoming events to keep an eye on. Prices will be definitely affected. Use the coming months to increase wisely your crypto portfolio.
All The Best 💰
#BitcoinHalvingEvent #InterestRateSpeculation #ETFApprovalHype
$BTC
#BTCto40k #ETFApprovalHype $BTC BTC Let’s us be Successful together With Artwork Nd NFT From #loseyidcartwork #OpenSea's.NFT #BTC
LIVECrypto Scoop
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Top 3 Crypto Apps To Earn Money Without Investment.
Today’s crypto landscape is buzzing with ways to make money, but if you’re looking for something a bit more exciting, dive into the world of move-to-earn (M2E) apps. They are making a strong comeback from their challenges in 2022 as developers work hard to make sure users get real value and earnings just by staying active.
Step App (FITFI): Reward-Rich Fitness Journey:
Imagine a world where your daily run or walk not only boosts your health, but also your virtual wallet. With Step App, your regular jog can net you anywhere from 5$ to 50$ per session! As the first move-to-earn application that empowered fitness with AI-assisted workouts, Step sets a new standard in the FitFi realm. Bolstered by its stable economy and lucrative ROI for users, the project caters to health enthusiasts and crypto fans alike, regardless of their experience with Web3.
Genopets (GENE): Setting the Stage for P2P Marketplace:
Genopets (GENE) is shaking things up in the mobile gaming space – imagine a game that’s part Tamagotchi, part Pokemon, and a dash of Strava, rewarding you with crypto just for staying active. The new v0.9.0 update really ups the ante, introducing an addictive arcade mode and in-app purchases, a giant leap towards the upcoming P2P marketplace.
Walken (WLKN): Burns 28M Tokens, Lands to PancakeSwap:
Walken (WLKN) is stirring up the M2E world with its unique Solana-based game where players earn WLKN by engaging in online battles or simply by walking their way to rewards. The latest innovation called “The Cuze” brings in a smart mix of NFTs and puzzle gameplay, while still placing fitness at the core of in-app experience.
As these platforms are setting themselves up to prosper, balancing market trends with engaging UXs becomes their primary goal.
#BinanceEarn #Earning #BinanceSquare #BinanceSquareAnalysis #CryptoisBetter
$BTC $ETH $BNB
Today’s crypto landscape is buzzing with ways to make money, but if you’re looking for something a bit more exciting, dive into the world of move-to-earn (M2E) apps. They are making a strong comeback from their challenges in 2022 as developers work hard to make sure users get real value and earnings just by staying active.
Step App (FITFI): Reward-Rich Fitness Journey:
Imagine a world where your daily run or walk not only boosts your health, but also your virtual wallet. With Step App, your regular jog can net you anywhere from 5$ to 50$ per session! As the first move-to-earn application that empowered fitness with AI-assisted workouts, Step sets a new standard in the FitFi realm. Bolstered by its stable economy and lucrative ROI for users, the project caters to health enthusiasts and crypto fans alike, regardless of their experience with Web3.
Genopets (GENE): Setting the Stage for P2P Marketplace:
Genopets (GENE) is shaking things up in the mobile gaming space – imagine a game that’s part Tamagotchi, part Pokemon, and a dash of Strava, rewarding you with crypto just for staying active. The new v0.9.0 update really ups the ante, introducing an addictive arcade mode and in-app purchases, a giant leap towards the upcoming P2P marketplace.
Walken (WLKN): Burns 28M Tokens, Lands to PancakeSwap:
Walken (WLKN) is stirring up the M2E world with its unique Solana-based game where players earn WLKN by engaging in online battles or simply by walking their way to rewards. The latest innovation called “The Cuze” brings in a smart mix of NFTs and puzzle gameplay, while still placing fitness at the core of in-app experience.
As these platforms are setting themselves up to prosper, balancing market trends with engaging UXs becomes their primary goal.
#BinanceEarn #Earning #BinanceSquare #BinanceSquareAnalysis #CryptoisBetter
$BTC $ETH $BNB
What will be the effect of ETF in Crypto
Exchange-Traded Funds (ETFs) can have several effects on the cryptocurrency market:
Increased Accessibility: ETFs can make it easier for traditional investors to gain exposure to cryptocurrencies without directly owning the underlying assets. This increased accessibility can attract more institutional and retail investors to the crypto market.
Liquidity Boost: The creation of crypto ETFs can contribute to increased liquidity in the market. ETFs are traded on traditional stock exchanges, providing a familiar and regulated platform for investors to buy and sell cryptocurrency-related assets.
Price Impact: The introduction of a crypto ETF can potentially impact the price of the underlying cryptocurrencies. Increased demand for the ETF may lead to higher demand for the cryptocurrencies it holds, influencing their prices.
Market Maturation: The approval and widespread adoption of crypto ETFs can be seen as a sign of the maturation of the cryptocurrency market. Regulatory approval for such financial products may encourage more institutional involvement and regulatory confidence.
Risk Management: For investors, especially institutional ones, ETFs provide a more regulated and familiar structure for investing in cryptocurrencies. This can help manage some of the perceived risks associated with direct cryptocurrency ownership.
Integration with Traditional Finance: Crypto ETFs can bridge the gap between traditional financial markets and the cryptocurrency space. This integration may contribute to a broader acceptance of digital assets within the global financial system.
It's important to note that the impact of ETFs on the cryptocurrency market is complex and can vary based on market conditions, regulatory developments, and investor sentiment. Additionally, the introduction of crypto ETFs has been a subject of regulatory scrutiny in various jurisdictions, with approval processes influencing their adoption.
#ETFApprovalHype
#ETF
Exchange-Traded Funds (ETFs) can have several effects on the cryptocurrency market:
Increased Accessibility: ETFs can make it easier for traditional investors to gain exposure to cryptocurrencies without directly owning the underlying assets. This increased accessibility can attract more institutional and retail investors to the crypto market.
Liquidity Boost: The creation of crypto ETFs can contribute to increased liquidity in the market. ETFs are traded on traditional stock exchanges, providing a familiar and regulated platform for investors to buy and sell cryptocurrency-related assets.
Price Impact: The introduction of a crypto ETF can potentially impact the price of the underlying cryptocurrencies. Increased demand for the ETF may lead to higher demand for the cryptocurrencies it holds, influencing their prices.
Market Maturation: The approval and widespread adoption of crypto ETFs can be seen as a sign of the maturation of the cryptocurrency market. Regulatory approval for such financial products may encourage more institutional involvement and regulatory confidence.
Risk Management: For investors, especially institutional ones, ETFs provide a more regulated and familiar structure for investing in cryptocurrencies. This can help manage some of the perceived risks associated with direct cryptocurrency ownership.
Integration with Traditional Finance: Crypto ETFs can bridge the gap between traditional financial markets and the cryptocurrency space. This integration may contribute to a broader acceptance of digital assets within the global financial system.
It's important to note that the impact of ETFs on the cryptocurrency market is complex and can vary based on market conditions, regulatory developments, and investor sentiment. Additionally, the introduction of crypto ETFs has been a subject of regulatory scrutiny in various jurisdictions, with approval processes influencing their adoption.
#ETFApprovalHype
#ETF
#BlackRockCrypto #ETFApprovalHype #crlbn
LIVE
crlbn
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As Bitcoin surges to $44,500, the surge in Relative Unrealized Profit (RUP) reflects a significant increase not witnessed since December 2021, coinciding with the current price zone. This surge signifies that retail investors are sitting on substantial profits but are hesitant to sell due to an overwhelming sense of optimism and greed. Their reluctance stems from the anticipation of further market uptrends, buoyed by upcoming fundamental events in the crypto sphere, notably the ETF scheduled for January and March, alongside the $BTC Halving set for April, widely perceived as bullish catalysts.
The exponential rise in RUP indicates that retail investors are hovering in the Optimism - Anxiety phase, leaning heavily towards optimism. This attitude has led them to refrain from selling in hopes of a potential bull run, ultimately aiming to capitalize on crypto's wealth-building opportunities.
However, caution is advised when optimistic narratives flood mainstream media, coinciding with significant upcoming events like the Halving. The adage "Buy the rumour, sell the news" should serve as a reminder: while profits are promising, allowing greed to dictate decisions risks portfolio destruction. An effective strategy, coupled with prudent risk management, is pivotal in navigating such market scenarios.
Crucially, it's vital to recognize that institutions, market makers, and whales often leverage retail investors as an exit liquidity strategy. Understanding these dynamics can empower individuals to make informed decisions while balancing the allure of potential profits with the need for prudent risk management.
#ETFApprovalHype #BlackRockCrypto
The exponential rise in RUP indicates that retail investors are hovering in the Optimism - Anxiety phase, leaning heavily towards optimism. This attitude has led them to refrain from selling in hopes of a potential bull run, ultimately aiming to capitalize on crypto's wealth-building opportunities.
However, caution is advised when optimistic narratives flood mainstream media, coinciding with significant upcoming events like the Halving. The adage "Buy the rumour, sell the news" should serve as a reminder: while profits are promising, allowing greed to dictate decisions risks portfolio destruction. An effective strategy, coupled with prudent risk management, is pivotal in navigating such market scenarios.
Crucially, it's vital to recognize that institutions, market makers, and whales often leverage retail investors as an exit liquidity strategy. Understanding these dynamics can empower individuals to make informed decisions while balancing the allure of potential profits with the need for prudent risk management.
#ETFApprovalHype #BlackRockCrypto
#Bitcoin has grown by almost 190% this year.
In the last few months, we have been bombarded with so many 'news' articles about the Bitcoin ETF.
They keep obsessing about it. They want you to believe that is the reason for this positive price action.
In 2021, it was NFT. In 2018, it was ICO.
The simple truth is, the price is getting manipulated to the upside. This is the time to slowly DCA out of the market if you are already in.
Pretty soon, the price will get manipulated to the downside. That would be the time to DCA into it if you are interested.
All the 'news' articles that we get bombarded with, could talk about the 'reasons' for this price action.
They could talk about ETF, NFT, ICO, SEC, IRS, WEF, FBI, CIA, FSP, ISI, CCP or whatever other three letter acronyms they can think of.
None of those are relevant.
Those who believe in Bitcoin, should focus just on two acronyms - BTC and DCA.
And say GFY to anything else.
#Bitcoin #Crypto #ETFApprovalHype
In the last few months, we have been bombarded with so many 'news' articles about the Bitcoin ETF.
They keep obsessing about it. They want you to believe that is the reason for this positive price action.
In 2021, it was NFT. In 2018, it was ICO.
The simple truth is, the price is getting manipulated to the upside. This is the time to slowly DCA out of the market if you are already in.
Pretty soon, the price will get manipulated to the downside. That would be the time to DCA into it if you are interested.
All the 'news' articles that we get bombarded with, could talk about the 'reasons' for this price action.
They could talk about ETF, NFT, ICO, SEC, IRS, WEF, FBI, CIA, FSP, ISI, CCP or whatever other three letter acronyms they can think of.
None of those are relevant.
Those who believe in Bitcoin, should focus just on two acronyms - BTC and DCA.
And say GFY to anything else.
#Bitcoin #Crypto #ETFApprovalHype
🚀 Bitcoin Soars Above $38,000: A Sign of Things to Come?
Crypto enthusiasts, Linkan here with your latest dose of Bitcoin buzz! 🌟 Bitcoin’s rally past $38,000 has us on the edge of our seats. Could $40,000 be in sight? 📈
💥 Breaking Barriers
The recent breakout above $38,000 is more than just a number; it’s a bullish beacon that has shattered a descending channel. With eyes set on resistance at $39,000, we’re in for a thrilling climb that could see us retesting $39,700 soon .
🔮 Predicting Peaks
While we navigate these exciting times, some analysts are already charting a course to a new All-Time High. The $38,000 breakthrough is a psychological win for Bitcoin, and historical trends suggest we’re on the path to unprecedented peaks .
✨ ETF ExcitementA key driver of this surge?
The buzz around a potential Spot Bitcoin ETF approval. This anticipation is fueling investor confidence and could be the wind beneath Bitcoin’s wings for the next rally .
🎯 Targeting $45,000?
With the bullish season in full swing, some experts believe that if Bitcoin continues to break resistance, we could see a target of $45,000 by year-end. The momentum is palpable, and the community is watching with bated breath .
🌐 Community Watch
As Bitcoin flirts with the idea of $40,000, the sentiment is optimistic. This isn’t just a recovery; it’s a robust revival of the pioneer cryptocurrency. Let’s see where this exciting journey takes us next .
Stay tuned, and let’s navigate this crypto wave together! 🚀
#BitcoinBreakout #CryptoClimb #BTCAllTimeHigh #ETFApprovalHype #CryptoCommunityWatch
Crypto enthusiasts, Linkan here with your latest dose of Bitcoin buzz! 🌟 Bitcoin’s rally past $38,000 has us on the edge of our seats. Could $40,000 be in sight? 📈
💥 Breaking Barriers
The recent breakout above $38,000 is more than just a number; it’s a bullish beacon that has shattered a descending channel. With eyes set on resistance at $39,000, we’re in for a thrilling climb that could see us retesting $39,700 soon .
🔮 Predicting Peaks
While we navigate these exciting times, some analysts are already charting a course to a new All-Time High. The $38,000 breakthrough is a psychological win for Bitcoin, and historical trends suggest we’re on the path to unprecedented peaks .
✨ ETF ExcitementA key driver of this surge?
The buzz around a potential Spot Bitcoin ETF approval. This anticipation is fueling investor confidence and could be the wind beneath Bitcoin’s wings for the next rally .
🎯 Targeting $45,000?
With the bullish season in full swing, some experts believe that if Bitcoin continues to break resistance, we could see a target of $45,000 by year-end. The momentum is palpable, and the community is watching with bated breath .
🌐 Community Watch
As Bitcoin flirts with the idea of $40,000, the sentiment is optimistic. This isn’t just a recovery; it’s a robust revival of the pioneer cryptocurrency. Let’s see where this exciting journey takes us next .
Stay tuned, and let’s navigate this crypto wave together! 🚀
#BitcoinBreakout #CryptoClimb #BTCAllTimeHigh #ETFApprovalHype #CryptoCommunityWatch
VanEck’s CEO expects the US SEC will approve all spot 💰BTC ETF applications at the same time. He also sees a new all-time high above $69,000 (registered in late 2021) to occur within the next 12 months. Just last week, VanEck changed the ticker for its ETF proposal to HODL.
#BTC #ETFApprovalHype
#BTC #ETFApprovalHype
Those who have applied for a #Bitcoin spot ETH so far 🔥🫵🫵🫵
- ARK Invest / 21 Shares
- Franklin Templeton
- Invesco / Galaxy
- Pando Asset AG
- WisdomTree
- BlackRock
- Grayscale
- Hashdex
- Global X
- Valkyrie
- VanEck
- Fidelity
- Bitwise
You haven’t seen what is coming !!
#Osmy_CryptoZ #BinanceTournament #ETFApprovalHype
- ARK Invest / 21 Shares
- Franklin Templeton
- Invesco / Galaxy
- Pando Asset AG
- WisdomTree
- BlackRock
- Grayscale
- Hashdex
- Global X
- Valkyrie
- VanEck
- Fidelity
- Bitwise
You haven’t seen what is coming !!
#Osmy_CryptoZ #BinanceTournament #ETFApprovalHype
The move comes after a 12% advance for bitcoin in December, according to Coin Metrics, as expectations grew that the U.S. could soon approve its first spot bitcoin ETF. #BTC #ETFApprovalHype
SEC Indicating Potential Bitcoin ETF Approval
The post "SEC Indicating Potential Bitcoin ETF Approval" first appeared on 36crypto.com News.
The SEC is getting closer to making a decision on #Bitcoin ETF that will significantly shape the entire cryptocurrency space, with recent discussions hinting at a possible approval.
According to a recent report by Marketscreener, the United States Securities and Exchange Commission is coming close to approving a Bitcoin exchange-traded fund.
This was revealed after extensive conversations between the SEC and several asset managers, including industry heavyweights such as ARK Investment, Invesco, Grayscale Investments, and BlackRock.
Proponents contend that the ideal approach for investors to invest in Bitcoin is through a regulated product, such as an ETF, that is linked to the cryptocurrency's spot price. However, the Commission has long disapproved of these assets, claiming they don't live up to its standards for protecting investors.
Meanwhile, the discussion between both entities has reached key technical details, a sign that the security watchdog may soon approve the applications. It can be observed that recent court rulings and several advanced discussions relating to custody arrangements and investor risk indicate that the SEC is shifting from its anti-Bitcoin position.
A spot Bitcoin #ETF would be a game-changer for the sector, giving investors who had been previously cautious access to the biggest cryptocurrency in the world through the strictly regulated stock market. Up to $3 billion is anticipated in demand in the initial days.
SEC to decide by January 2024
36crypto previously reported that a decision by the Securities and Exchange Commission to either approve or deny the applications has been set between January 5 and 10 2024.
The Commission has until the aforementioned date to make a decision on ARK Investment's application which is first in line. The nature of the discussions the SEC has been involved in hints that the agency may likely approve ARK's application and also some of the other dozen applications.
Approval expectations driving Bitcoin's price
While the crypto community patiently awaits the SEC's decision, the price of Bitcoin has continued to skyrocket in anticipation. The flagship cryptocurrency recently reached a new yearly high of $44,000.
The market is excited about the possibility of an accessible investment asset like Bitcoin ETF. Eventual approval will mark a significant shift for the crypto industry.
At the time of writing, Bitcoin is trading at $43,150 according to Coinstats data, with a 24-hour trading volume of $36,087,279,660 ($36 billion) and a live market cap of $844,180,351,735 ($844 billion).
#ETFApprovalHype #ETFBitcoin
The SEC is getting closer to making a decision on #Bitcoin ETF that will significantly shape the entire cryptocurrency space, with recent discussions hinting at a possible approval.
According to a recent report by Marketscreener, the United States Securities and Exchange Commission is coming close to approving a Bitcoin exchange-traded fund.
This was revealed after extensive conversations between the SEC and several asset managers, including industry heavyweights such as ARK Investment, Invesco, Grayscale Investments, and BlackRock.
Proponents contend that the ideal approach for investors to invest in Bitcoin is through a regulated product, such as an ETF, that is linked to the cryptocurrency's spot price. However, the Commission has long disapproved of these assets, claiming they don't live up to its standards for protecting investors.
Meanwhile, the discussion between both entities has reached key technical details, a sign that the security watchdog may soon approve the applications. It can be observed that recent court rulings and several advanced discussions relating to custody arrangements and investor risk indicate that the SEC is shifting from its anti-Bitcoin position.
A spot Bitcoin #ETF would be a game-changer for the sector, giving investors who had been previously cautious access to the biggest cryptocurrency in the world through the strictly regulated stock market. Up to $3 billion is anticipated in demand in the initial days.
SEC to decide by January 2024
36crypto previously reported that a decision by the Securities and Exchange Commission to either approve or deny the applications has been set between January 5 and 10 2024.
The Commission has until the aforementioned date to make a decision on ARK Investment's application which is first in line. The nature of the discussions the SEC has been involved in hints that the agency may likely approve ARK's application and also some of the other dozen applications.
Approval expectations driving Bitcoin's price
While the crypto community patiently awaits the SEC's decision, the price of Bitcoin has continued to skyrocket in anticipation. The flagship cryptocurrency recently reached a new yearly high of $44,000.
The market is excited about the possibility of an accessible investment asset like Bitcoin ETF. Eventual approval will mark a significant shift for the crypto industry.
At the time of writing, Bitcoin is trading at $43,150 according to Coinstats data, with a 24-hour trading volume of $36,087,279,660 ($36 billion) and a live market cap of $844,180,351,735 ($844 billion).
#ETFApprovalHype #ETFBitcoin
