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🚀BlackRock's iShares Ethereum Trust (ETHA) may launch its spot Ether ETF by late June, says Bloomberg ETF analyst. The SEC's approval of its 19b-4 filing is a promising sign. 🎉 🤔Another round of SEC comments is expected, but a June launch is a "legit possibility." July 4th is the predicted approval date, but an earlier approval is a "long shot." 📈This progress suggests that issuers and SEC are working towards spot Ethereum ETF launches. BlackRock's updated S-1 also revealed its seed capital investor, a BlackRock affiliate, agreed to purchase $10M in shares on May 21, 2024. 🎯The ETF will list and trade under the ticker "ETHA." Analysts predict this could propel ETH to new highs, betting on Web3's growth. But, beware of potential price pressure due to potential outflows from the Grayscale Ethereum Trust (ETHE). 👇What do you think? Will this boost ETH to new highs or will the potential outflows from ETHE put a damper on things? Let's discuss in the comments! #DeFi #Web3 #CryptoNews P.S. If this doesn't scream "DeFi, Web 3, Technology," I don't know what does! 😂

🚀BlackRock's iShares Ethereum Trust (ETHA) may launch its spot Ether ETF by late June, says Bloomberg ETF analyst. The SEC's approval of its 19b-4 filing is a promising sign. 🎉

🤔Another round of SEC comments is expected, but a June launch is a "legit possibility." July 4th is the predicted approval date, but an earlier approval is a "long shot."

📈This progress suggests that issuers and SEC are working towards spot Ethereum ETF launches. BlackRock's updated S-1 also revealed its seed capital investor, a BlackRock affiliate, agreed to purchase $10M in shares on May 21, 2024.

🎯The ETF will list and trade under the ticker "ETHA." Analysts predict this could propel ETH to new highs, betting on Web3's growth. But, beware of potential price pressure due to potential outflows from the Grayscale Ethereum Trust (ETHE).

👇What do you think? Will this boost ETH to new highs or will the potential outflows from ETHE put a damper on things? Let's discuss in the comments! #DeFi #Web3 #CryptoNews

P.S. If this doesn't scream "DeFi, Web 3, Technology," I don't know what does! 😂

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🚀Spongebob Crypto (SPONGCRY) might just be the new Shiba Inu or Dogecoin of the memecoin world! This fresh Solana memecoin, launched this week, is predicted to skyrocket over 12,000% in price. Why? It's about to get listed on KuCoin, opening the floodgates to millions of new investors.💰 Currently, you can only snag SPONGCRY on Solana decentralized exchanges like Jupiter and Raydium. Early investors could be laughing all the way to the bank with huge returns, just like those who bet on SHIB and DOGE early on. SPONGCRY launched with over $6K of locked liquidity, a unique advantage over other new memecoins. To get in on the action, connect your Solflare, MetaMask or Phantom wallet and swap Solana for Spongebob Crypto. The memecoin craze continues, with many SHIB, DOGE and WIF investors turning their attention to new Solana memecoins like SPONGCRY. Who knows, we might see a new wave of memecoin millionaires soon! 🎉 What do you think? Is SPONGCRY the next big thing or just another memecoin? Share your thoughts in the comments! #DeFi #Web3 #CryptoNews
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📡Telecom titan Deutsche Telekom is dialing into Bitcoin mining, adding another call to its crypto activities. Already running a Bitcoin node and Lightning Network nodes since 2023, they're now set to engage in "digital monetary photosynthesis" - whatever that means! 🌱💰 As a Polygon validator and partner with Fetch.ai, Deutsche Telekom has been securing new revenue streams via Web3. Now, they're mining Bitcoin, leveraging their tech infrastructure to dig into the digital economy. 🛠️⛏️ Deutsche Telekom's blockchain expansion is a clear signal of their commitment to emerging tech. They're not just on the line, they're leading the call at the intersection of telecoms and blockchain. 📞🔗 What do you think about this move? Is your telecom provider next? Let's chat in the comments! #DeutscheTelekom #BitcoinMining #Web3
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🚀Ethereum's co-founder, Vitalik Buterin, is all in for TiTok, a new image compression method that's not your teen's dance app. This tech marvel shrinks image sizes, making blockchain storage a piece of cake. 🍰 Buterin, on Farcaster, said, "320 bits is basically a hash. Small enough to go on chain for every user." This could be a game-changer for storing profile pictures and NFTs. 🖼️ Developed by ByteDance and Munich's tech geniuses, TiTok uses AI to compress an image into 32 bits without losing quality. It's a 1D image tokenization framework that breaks the 2D grid constraints, leading to faster sampling and competitive generation quality. TiTok's "compact latent representation" can yield more efficient and effective representations than conventional techniques. The method can represent an image with 8 to 64 times fewer tokens than 2D tokenizers. So, what's your take on this? Will TiTok revolutionize blockchain storage? Let's hash it out in the comments! #DeFi #Web3 #BlockchainTech
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🚀🐕👑 Queen Cardi B (CARDIQUE) is the new kid on the memecoin block! With a potential 14,000% explosion on the horizon, it's like Shiba Inu, Bonk, and Dogecoin had a royal baby. KuCoin listing incoming, folks! Millions of new investors will soon be able to buy CARDIQUE like hotcakes. For now, you can get your hands on it via Solana DEXs like Jupiter and Raydium. 💰🔒 With a market cap of just under $6k and over $2.5k in locked liquidity, CARDIQUE's upside potential is bigger than Cardi B's personality. Early investors, get ready for a potential memecoin millionaire status! Who's in? Drop a 💎 in the comments if you're ready to ride the CARDIQUE wave! #DeFi #Web3 #CryptoHumor Remember, this is not financial advice, just a fun observation. Always do your own research! 🧐📚
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🏢💰🔗 "Institutional investors are eyeing blockchain-tokenized shares of high-value commercial real estate like a kid in a candy store," says Kunal Bhasin from KPMG Canada. He believes tokenization could shift the ownership landscape of major commercial buildings, traditionally the playground of the rich and famous. Imagine owning a piece of Toronto’s Eaton Center! 🏬🍁 But hold your horses, folks! Bhasin warns that many institutional DeFi participants prefer a more controlled environment. They want to know who they're playing with in the sandbox. The adoption of tokenized real estate is gradual, like watching paint dry. But Bhasin is optimistic about growth in tokenized Treasurys and money market funds. He pointed out the success of the BlackRock USD Institutional Digital Liquidity Fund, which has ballooned to $462.7 million since its launch in March. However, the crypto space isn't all sunshine and rainbows. Reputational risks remain a concern due to numerous frauds and scams. But Bhasin believes that "soon, not being involved in crypto and digital assets is going to be a career risk." So, what do you think? Is tokenized real estate the future or just a passing fad? Let's chat in the comments! #DeFi #Web3 #BlockchainTechnology 🚀🌐🔐
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