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Crypto PM
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Morning Crypto Fam, always start your day with a positive perspective. With us we hope you embrace the journey of trading with its highs and reach those amazing views! Stay updated with our 📊 Technical Analysis, Market Trends and Signals. 🔔 Follow CryptoPM On Binance Square and Turn Notifications on 📌 #GoodMorning #CryptoPM #CryptoCommunty

Morning Crypto Fam, always start your day with a positive perspective. With us we hope you embrace the journey of trading with its highs and reach those amazing views!

Stay updated with our 📊 Technical Analysis, Market Trends and Signals.

🔔 Follow CryptoPM On Binance Square and Turn Notifications on 📌

#GoodMorning #CryptoPM #CryptoCommunty

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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Binance’s Big Boss Talks Ethereum ETFs! 🚀 Hey there, crypto enthusiasts! 🌐 Richard Teng, the head honcho at Binance, is super stoked about the US SEC giving the green light to Ethereum ETFs. 🎉 It’s like opening a brand new chapter for the crypto world! 📖 Richard’s buzzing because this is a game-changer. It’s like crypto’s getting a VIP pass into the traditional market club. 🏦💃 He’s betting that this move will turbo-charge the adoption of crypto assets and give a high-five to the active ETF scene. ✨ Did you know? There are already 27 ETH ETFs strutting their stuff in the market. And let’s not forget the 32 Bitcoin ETFs that are making waves in 5 different markets. 🌊 Richard’s reading between the lines here and seeing a big thumbs-up for Ethereum, which could mean the crypto ecosystem’s about to hit the growth accelerator. 📈 Remember when spot Bitcoin ETFs hogged the limelight with a whopping $13 billion after their US debut? Richard’s got his eyes on the prize, expecting Ethereum ETFs to follow suit and get a boost from even more cool regulatory moves. 🛣️ This is all about making the crypto trading playground safer and more inviting, so more big players can jump into the game. 🤝 And guess what? The grapevine’s buzzing that once Ethereum ETFs hit the stage, other major altcoins like Solana and XRP might just grab the spotlight too. 🌟 So, let’s strap in and watch the crypto universe expand! 🚀🌌 $BTC $ETH #ETF #CEO #Binance
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🔥 🔥 🔥 🔥 🔥 **Crypto Markets: A Rollercoaster Ride! 🎢** This week, the crypto markets have been on a wild journey, fueled by Ethereum's surge and the US Securities and Exchange Commission's (SEC) nod for spot exchange-traded funds. 📈 Here's the scoop: 1. **Bitcoin Options Expiry:** - Around $1.4 billion in Bitcoin options contracts are set to expire on May 24. Not a massive event, but wait for the real fireworks on May 31 when $4.3 billion worth of options will expire! 💥 - The put/call ratio for this week's Bitcoin options is 0.88, meaning long and short-contract sellers are evenly matched (with slightly more calls expiring). - Bulls dominate open interest (OI) at the $70,000 strike price, flexing around $830 million. Higher strike prices also boast hefty OI, like $843 million at $100,000. Bulls are feeling bullish! 🐂 2. **Ethereum Spotlight:** - Around 354,000 Ethereum contracts expire today, with a notional value of $1.5 billion. The put/call ratio favors more calls expiring (0.57). - Derivatives traders are speculating on ETH ahead of the SEC's deadline. At the $4,000 strike price, there's $515 million in OI. Bulls want more momentum! 🙌 3. **Crypto Market Impact:** - Nearly $3 billion in BTC and ETH options expire today, but the impact on spot markets is usually muted. - Total market capitalization dipped 1.3% to $2.68 trillion due to a 2.3% slide in Bitcoin prices (currently at $67,400). Ethereum stands calmly at $3,730. 🌊 - Altcoins: Gains for Chainlink (LINK), PEPE, and Ethereum Classic (ETC), but losses for Solana (SOL), Dogecoin (DOGE), and Toncoin (TON). Stay tuned for more crypto adventures! 🌌🔍🌟 $BTC $ETH $BNB #bitcoin #Binance #SEC #Web3 #solana
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