ARE YOU BULL🐮 OR BEAR🐻 THIS MONTH? | DRIFTERZ on Binance Square

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ARE YOU BULL🐮 OR BEAR🐻 THIS MONTH?

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$NEIROETH, BINANCE WHAT HAVE YOU JUST LISTED? A COIN ON A DECLINE FOR 2 DAYS STRAIGHT! DO YOU EVEN CARE ABOUT YOUR CUSTOMERS? THIS TYPE OF SHITCOINS RUIN THE SPACE AND DEVELOPERS SHOULD BE HELD ACCOUNTABLE

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DO NOT MISS THIS 1000x MEME COIN ABOUT TO EXPLODE ON PUMP FUN Sun Black Myth Wukong (BMW) Coin is a meme-based cryptocurrency inspired by the legendary Monkey King, Sun Wukong. It blends myth and modern tech, offering a unique and fun digital asset. Community-driven, it fosters creativity and adventure in the dynamic world of crypto. GO BUY IT AT PUMP FUN, TICKER (BMW)

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PUMP FUN MEME COIN ABOUT TO 1000x Sun Black Myth Wukong (BMW) Coin is a meme-based cryptocurrency inspired by the legendary Monkey King, Sun Wukong. It blends myth and modern tech, offering a unique and fun digital asset. Community-driven, it fosters creativity and adventure in the dynamic world of crypto. GO BUY IT AT PUMP FUN!

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Nasdaq Seeks SEC Approval to Offer Options Trading on BlackRock's Spot Ethereum ETF BlackRock recently filed a proposal for options trading and listing on its spot Ethereum ETHUSD exchange-traded fund (ETF), iShares Ethereum Trust (ETHA). The proposal was submitted to the US Securities Exchange and Commission (SEC) on August 6 via the Nasdaq International Securities Exchange. Nasdaq and BlackRock Leverage Experience with Commodity ETFs for Crypto According to the filing, the newly proposed iShares Ethereum Trust assets will consist solely of ETH, which Coinbase will hold. Meanwhile, the Bank of New York Mellon will hold the cash assets. Furthermore, the document affirmed that the trust will remain non-engaged in Ethereum staking to earn additional income. Nasdaq outlined that this move aims to broaden the range of investment tools for Ethereum and make crypto investments more accessible within traditional financial markets. Although these shares do not equate to a direct investment in ETH, they enable investors to gain exposure to Ethereum. This is because the approach takes place through the public securities market, which might be more familiar to traditional investors. The options market allows traders to buy or sell an asset, like a stock or an ETF, at a specified price before a certain date. They often use options to protect against potential losses or to speculate on an asset's future price. Unlike futures, options provide flexibility since the trader can decide whether to execute the trade. Both Nasdaq and BlackRock have notable experience in listing options on other commodity ETFs structured as trusts. These include iShares COMEX Gold Trust and iShares Silver Trust.Hence, this move to add options to the spot crypto ETF marks a significant development in this context.$ETH $BTC #BlackRockETHOptions #BinanceTurns7

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Bitcoin (BTC) Facing Imminent Death Cross Bitcoin, the leading cryptocurrency, is on the cusp of a much-feared death cross, according to Barchart. Imminent Death Cross Formation for Bitcoin $BTC pic.twitter.com/dNHB4TWf2z- Barchart (@Barchart) August 7, 2024 The ominous pattern is about to emerge after the cryptocurrency's short-term gains have failed to surpass its long-term gains. To be more precise, this pattern tends to appear after the 50-day moving average falls below the 200-day moving average. A death cross is generally believed to mark the start of a brutal market downtrend. However, just like a golden cross, it tends to be a lagging indicator since averages are based on past data.$BTC #BinanceTurns7 #Megadrop $ETH

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