Binance Morning Report (June 2)
QCP predicts BTC bearish, ETH spot ETF may trade ahead of schedule
According to Wu, QCP pointed out that potential sales from Mt. Gox's distribution (about $9.6 billion) and DMM's hack (about $305 million) led to BTC bearish. At the same time, the ETH spot ETF may start trading earlier than expected in June, and the SEC urged applicants to submit S-1 forms by May 31. QCP said it is betting on bullishness, especially ETH.
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