*Daily News Update 27 June 2024* 📰News

*1. Altcoins That Survive in a Fluctuating Crypto Market* 🚀

- Altcoins are moving sideways after yesterday's rebound attempt.

- RAD, BETA and CVX still jumped double digits in the last 24 hours.

- Trader seeks to change his holdings of altcoins.

*2. Bitcoin Whales Collect $436 Million Worth of BTC* 🐋

- BTC decline offers opportunity for whale accumulation.

- Bitcoin whales increased their holdings by 7,130 BTC.

- Shows a balanced market with Price structure.

*4. US SEC Approves Ethereum ETF Launch on July 4* ✔️

- SEC will soon approve ETH ETF trading.

- Negotiations between asset management companies & regulators enter final stage.

- Issue permits may not take more than one or two weeks.

*4. Ethereum ETF Will Earn $15 Billion In 18 Months* 💸

- ETH ETF will generate $4 billion in inflows in first 5 months.

- Compare the BTC ETF ($14.4B) since its launch five months ago.

- ETH prices have the potential to soar when ETFs start to open.

*5. US Government Moves 3,940 BTC to Crypto Exchanges* 🇺🇸

- US government moves $240 million worth of BTC to Coinbase Prime wallet.

- Bitcoins that were initially confiscated from Silk Road vendors.

- Trigger concerns BTC may be sold off.

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