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Max Cryptobuddy
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🚀📉 #Ethereum's ETH is lagging behind #Bitcoin despite a historic upgrade 19 months ago. ETH/BTC hit a 3-year low, puzzling ETH bulls who thought the September 2022 Merge would make ETH a tastier investment. 🔧The Merge introduced proof of stake and slashed ETH inflation by 90%. Yet, ETH/BTC has dropped 45% since. 💭Crypto fund founder Joe McCann says the "flippening" dream (ETH surpassing BTC market cap) has become a nightmare. 🔄Meanwhile, Bitcoin is now hosting apps once unique to Ethereum, like Ordinals NFTs and BitVM. 🏛️Regulatory hurdles also plague Ethereum. While Bitcoin ETFs got the green light, an Ether ETF seems unlikely. 💡What's your take on this? Is Ethereum's reign over or is this just a bump in the road? Let's discuss! #CryptoNews #BTCvsETH

🚀📉 #Ethereum's ETH is lagging behind #Bitcoin despite a historic upgrade 19 months ago. ETH/BTC hit a 3-year low, puzzling ETH bulls who thought the September 2022 Merge would make ETH a tastier investment.

🔧The Merge introduced proof of stake and slashed ETH inflation by 90%. Yet, ETH/BTC has dropped 45% since.

💭Crypto fund founder Joe McCann says the "flippening" dream (ETH surpassing BTC market cap) has become a nightmare.

🔄Meanwhile, Bitcoin is now hosting apps once unique to Ethereum, like Ordinals NFTs and BitVM.

🏛️Regulatory hurdles also plague Ethereum. While Bitcoin ETFs got the green light, an Ether ETF seems unlikely.

💡What's your take on this? Is Ethereum's reign over or is this just a bump in the road? Let's discuss! #CryptoNews #BTCvsETH

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📣Hey #CryptoCommunity!🚀 Polkadot's price is dancing around a bit, but don't sweat it! It's down 3% in the last 24hrs, likely due to the SEC and Ethereum ETFs buzz. 📊Here's the scoop: - DOT's been chilling in a flag pattern, hovering around the 200-day moving average. - $6 is holding strong, but it's trying to break the $7.5 ceiling. - If it does, a bullish run to $9 or more could be on the cards.📈 - But watch out! The bears are putting up a fight at $7.5. ⏰On the 4-hour chart, the flag pattern is clearer. The price was recently rejected from the pattern's higher boundary. With the RSI <50%, a retest of the lower trendline could be coming. 🔮Futures market analysis shows the most liquidity at $6.5, $8, and $10. A breakout could trigger a liquidation cascade, making things interesting. What do you think, folks? Will DOT break through or are we in for another dip? Share your thoughts below!👇 #DeFi #Polkadot #CryptoTalks
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🎢Crypto market's wild ride continues! BTC dips below $67K, ETH at $3,655 after a rollercoaster 24hrs. SEC's approval of 8 Ethereum ETFs sent shockwaves, but hey, volatility is our middle name, right? 🚀 • BTC had a quiet weekend around $67K, but Monday evening changed the game. Rumors of a possible Ethereum ETF approval sent BTC soaring to nearly $72K. • The rally paused, BTC traded around $70K until it dropped to under $68K just before the SEC's decision deadline. • Post-approval, BTC dipped to $66.4K, bounced back by $2K, but is now struggling below $67K. Market cap? Down to $1.31T, dominance at 50.2%. • ETH, the star of the ETF show, shot up by over 20% to over $3,900 on Monday. It's now 4% down at $3,655. • Other biggies like Solana, Dogecoin, Cardano, Avalanche, Polkadot, and Shiba Inu have all dropped by 5-8%. Total crypto market cap has shed over $100B since yesterday, now at $2.617T. What's your take on this volatility? Share your thoughts below! 📈📉 #CryptoNews #DeFi
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🚀Crypto markets are holding steady thanks to Ethereum and SEC's approval of spot ETFs. A minor bump in the road: $1.4B in Bitcoin options contracts expiring May 24. But hey, it's small potatoes compared to the $4.3B expiry on May 31.📈 BTC options put/call ratio is at 0.88, with longs dominating at $70,000 and $100,000 strike prices. Bulls are expecting higher BTC prices, with the $60,000 strike price having the highest OI for put contracts. Don't forget about Ethereum! 354,000 contracts expiring today, with a notional value of $1.5B. More calls expiring than puts, and $515M in OI at the $4,000 strike price. Despite nearly $3B in BTC and ETH options expiring, the impact on spot markets is typically minimal. Total cap is at $2.68T, with BTC at $67,400 and ETH at $3,730. Altcoins? A mixed bag. Gains for LINK, PEPE, and ETC, losses for SOL, DOGE, and TON. What's your take on the market? Will we march higher post-expiry? Let's chat below! #Crypto #DeFi 🚀📉
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🚀🎌 Japan's Metaplanet, dubbed "Japan's MicroStrategy", is soaring high with a 158% surge in shares over the last week! Their Bitcoin strategy is paying off big time, with their share price hitting 93 yen, up from 41. They're now the top gainer in Japanese stocks. 🎯 They've adopted a similar strategy to MicroStrategy, focusing on accumulating more Bitcoin. They've even boosted their authorized shares by 300% to raise capital for more Bitcoin purchases. 💰 So far, they've acquired 117.7 BTC, valued at $7.2 million. The stock's up 389% since announcing their Bitcoin investment strategy. 🔮 Metaplanet's move is a response to Japan's economic challenges, including a high debt-to-GDP ratio and a depreciating yen. 🌐 Metaplanet is listed exclusively on the Tokyo Stock Exchange, but there are plans to tokenize their shares on the Bitcoin Layer2 network Liquid. What do you think about Metaplanet's strategy? Sound off in the comments! #Bitcoin #Layer2 #Metaplanet
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🚀🎉 Big news, crypto fam! The U.S. SEC has given the green light to Ether spot ETFs to trade on national securities exchanges. This comes hot on the heels of Bitcoin spot ETFs' arrival in January. - The approval process isn't over yet though. The S-1 registration statements for the products still need to go effective before launching. So, we might have to wait a bit longer. 🕰️ - ETH has rallied 28% this week on this optimism. The potential demand that an ETF could launch for the second-largest crypto is huge! 💰 - A Twitter poll showed that many investors who have already bought the Bitcoin spot ETFs would also buy the Ether ETFs. 📈 This change of stance follows multiple pro-crypto policy votes within US Congress this month. Last week, the Senate passed a resolution to make it more feasible for regulated banks to offer crypto custody services. What are your thoughts on this? Would you buy an Ether ETF? Let's chat in the comments! 👇 #DeFi #Web3 #EtherETFs
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