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Crypto De Nostradame
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🚨Binance Labs announced that it invested in Movement Labs. #ScamRiskWarning #FreeCZ $BTC $ETH
🚨Binance Labs announced that it invested in Movement Labs.
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Will SEC Adopt Spot Ethereum (ETH) ETFs in 2 Weeks? We have entered very critical weeks in the cryptocurrency industry. Crypto investors' eyes have now slowly turned to spot #Ethereum ETFs. The US Securities and Exchange Commission (SEC) will announce this critical decision in 2 weeks. Recently, Ark Invest removed the staking feature from its spot Ethereum #ETF application. This has given some investors renewed hope for spot ETH ETFs. Spot Ethereum ETFs may not be approved until the end of 2025, Bloomberg Intelligence ETF analyst Eric Balchunas recently said. If the SEC rejects spot Ethereum ETFs, prospective ETF issuers like BlackRock, Fidelity, or Ark Invest have two options: either file a lawsuit with the SEC, as Grayscale did for Bitcoin spot ETFs, or re-file at a later date . Eric Balchunas says 2025 is the earliest date for spot Ethereum ETFs, despite the possibility of Donald Trump being elected and #SEC chairman Gensler being removed from his post: “Issuers will re-apply if there is a new president, and this time perhaps they will be approved, or they will file a lawsuit through this process. “Either way, it will take at least another year for spot Ethereum ETFs to launch.” $BTC $ETH
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Ripple Investor's Patience Test: Critical Moment for XRP Owners! Here is the striking chart that emerged after the 700-day trend line. The fluctuation of the Ripple (XRP) price over the last three weeks has left #XRP holders wondering what the future may hold. In fact, we are faced with an important decision moment. Ripple price violated the sloping trend line formed since June 2022. The decline on April 8 broke below this critical support line, causing the weekly candlestick to break the sloping trend line and the weekly support level at $0.532. Ripple price has been oscillating between $0.532 and $0.468 lately, and no obvious trend seems to be emerging. On the weekly time frame, the Relative Strength Index (RSI) has fallen below the average level of 50, indicating that the bullish momentum is weakening and sellers are gaining strength. Likewise, the Awesome Oscillator is also trending below the average 0 level. Both momentum indicators suggest the possibility of the market turning in favor of the bears. The cryptocurrency market has followed a volatile course recently, making investors nervous. #XRP , in particular, is teetering with great uncertainty in this volatile market environment. #Bitcoin's (BTC) recovery and breaking the $70,000 resistance could be a ray of hope for altcoins. However, it is a matter of curiosity what effect this ray of hope will have for Ripple (XRP). If Bitcoin rises above $70,000 as predicted, a recovery rally is expected in altcoins. In this case, Ripple price will need to overcome the $0.532 resistance level and turn into a support base. This development will attract expectant investors and play a key role in pushing Ripple into the sloping trend line. The next target for XRP could be a retest of the $0.696 resistance level in the event of a rapid rise. $BTC $ETH $XRP
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💫Major token unlocks that will take place during the week of May 13-19 $ARB $SEI $MANTA
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XRP, Solana (SOL), Cardano (ADA), Ethereum (ETH)… Famous Bitcoin Supporter Rang the Alarm Bell for Altcoins! Michael Saylor, founder and president of US-based software company MicroStrategy, once again emphasized his belief that Bitcoin (BTC) is the most important cryptocurrency in the market. Saylor, known for his vocal support for Bitcoin, issued a warning to cryptocurrency investors reminiscent of the legendary scene in "Indiana Jones and the Last Crusade" and invited them to "choose wisely" when evaluating investment options other than BTC. A Bitcoin maximalist, Saylor has been a supporter of MicroStrategy's regular BTC purchases for the past four years and continues to defend the largest cryptocurrency as on day one. Although he has refrained from openly criticizing altcoins like some other prominent names, Saylor recently announced that some altcoins, including #XRP , #Solana (SOL), #Cardano (ADA), and #Ethereum (ETH), have been declared unregistered by the U.S. Securities and Exchange Commission (SEC). He expressed the opinion that it could be classified as securities. MicroStrategy CEO believes that all altcoins may soon be officially designated as securities. For him, this reinforces his belief that Bitcoin is the only cryptocurrency launched for long-term success. Bitcoin is currently the only cryptocurrency classified as a commodity by both the #SEC and the US Commodity Futures Trading Commission (CFTC), giving it a unique regulatory status. Although altcoin king Ethereum also shares this status, recent statements by SEC Chairman Gary Gensler have raised doubts about its classification. As a matter of fact, regulatory pressure on altcoins and cryptocurrency exchanges in the USA has increased in recent years, leading to increased scrutiny. $SOL $ETH $ADA
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