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📰📰🔥🔥latest #CryptoNews and updates as of today, November 15, 2023:🔥🔥📰📰 Market Update - Bitcoin is currently trading at around $35,000, down 4% from yesterday. - Ethereum is currently trading at around $1,960, down 4% from yesterday. Overall, the crypto market is down slightly today. Top Stories Bitcoin and Ethereum see gains after BlackRock files for Ethereum-based ETF. BlackRock, the world's largest asset manager, has filed for an Ethereum-based ETF with the U.S. Securities and Exchange Commission (SEC). The filing is a sign of growing institutional interest in #cryptocurrencies. Crypto VC Maven 11 targets $100 million for third fund. Maven 11, a venture capital firm focused on #BlockchainTechnology , is raising $100 million for its third fund. The fund will invest in early-stage blockchain startups. Protocol Village: Visa-Backed Agrotoken, Stablecoin Backed by Commodities, to Launch on Polkadot. Protocol Village is a new decentralized finance (DeFi) platform that is launching an agrotoken and a stablecoin backed by commodities. The platform is designed to help farmers access financing and manage risk. Other News Crypto traders spoofed by bogus BlackRock XRP filing. A fake filing claiming that BlackRock had filed for an XRP ETF circulated online, causing the price of XRP to spike briefly. The filing was quickly identified as a hoax. EU loophole lets banks dodge ECB's crypto supervision, needs fixing -Enria. The European Central Bank's chief supervisor Andrea Enria said on Tuesday that a loophole in EU rules allows banks to circumvent some safeguards when dealing with cryptocurrencies. The loophole needs to be fixed urgently, Enria said. Crypto fund inflows of $293M bring yearly total above $1B: CoinShares. Crypto fund inflows reached $293 million last week, bringing the total for the year to over $1 billion. This is a sign of growing investor interest in cryptocurrencies. #BinanceSquare #CryptoTalks $BTC $ETH

📰📰🔥🔥latest #CryptoNews and updates as of today, November 15, 2023:🔥🔥📰📰

Market Update

- Bitcoin is currently trading at around $35,000, down 4% from yesterday.

- Ethereum is currently trading at around $1,960, down 4% from yesterday.

Overall, the crypto market is down slightly today.

Top Stories

Bitcoin and Ethereum see gains after BlackRock files for Ethereum-based ETF. BlackRock, the world's largest asset manager, has filed for an Ethereum-based ETF with the U.S. Securities and Exchange Commission (SEC). The filing is a sign of growing institutional interest in #cryptocurrencies.

Crypto VC Maven 11 targets $100 million for third fund. Maven 11, a venture capital firm focused on #BlockchainTechnology , is raising $100 million for its third fund. The fund will invest in early-stage blockchain startups.

Protocol Village: Visa-Backed Agrotoken, Stablecoin Backed by Commodities, to Launch on Polkadot. Protocol Village is a new decentralized finance (DeFi) platform that is launching an agrotoken and a stablecoin backed by commodities. The platform is designed to help farmers access financing and manage risk.

Other News

Crypto traders spoofed by bogus BlackRock XRP filing. A fake filing claiming that BlackRock had filed for an XRP ETF circulated online, causing the price of XRP to spike briefly. The filing was quickly identified as a hoax.

EU loophole lets banks dodge ECB's crypto supervision, needs fixing -Enria. The European Central Bank's chief supervisor Andrea Enria said on Tuesday that a loophole in EU rules allows banks to circumvent some safeguards when dealing with cryptocurrencies. The loophole needs to be fixed urgently, Enria said.

Crypto fund inflows of $293M bring yearly total above $1B: CoinShares. Crypto fund inflows reached $293 million last week, bringing the total for the year to over $1 billion. This is a sign of growing investor interest in cryptocurrencies.

#BinanceSquare #CryptoTalks $BTC $ETH

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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👉👉👉 Saylor predicts #SEC will designate #Ethereum as a security and deny spot ETF applications this summer During a presentation at the MicroStrategy World 2024 conference on May 2, #MichaelSaylor , executive chairman and co-founder of MicroStrategy, shared his belief that the SEC will classify Ethereum as a security this summer. He also predicted that spot ETF applications related to Ethereum, including those filed by asset managers like BlackRock, will be rejected by the SEC. Saylor further speculated that other cryptocurrencies "down the stack," such as $BNB , Solana ($SOL ), $XRP , and Cardano (ADA), will also receive an unregistered security designation. In his statement, Saylor emphasized his conviction that Bitcoin (BTC) alone has achieved full institutional acceptance, referring to it as the "one universal" institutional-grade crypto asset. He asserted that there won't be another crypto asset like Bitcoin embraced by Wall Street. These remarks from Saylor follow MicroStrategy's recent announcement of adding $1.65 billion of BTC to its corporate holdings in the first quarter and the unveiling of its Bitcoin-based decentralized identity (DID) product. Regarding Ethereum, initial optimism about the approval of spot Ethereum ETFs has waned in recent weeks. The odds of approval, as indicated by Polymarket, have plummeted to a mere 11%. Analysts have adjusted their expectations accordingly, from over an 80% chance of approval to less than 30%. The SEC faces a critical decision on May 23 regarding VanEck's proposed ETF, along with other similar applications. There's anticipation for the SEC to clarify Ethereum's classification as a security. Consensys aims to push for ETH not being labeled as a security in a legal case. US lawmakers are also seeking clarity, particularly in relation to Prometheum. A clear designation for ETH could guide companies in handling the asset but might also affect product approvals like a spot ETF and companies' decisions on involvement without proper registration. Source - cryptoslate.com 
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💥💥💥 Here's What $100 In Dogecoin Would Be Worth If You Invested 10 Years Ago 💥💥💥 In the early days of cryptocurrency, when it was little more than a curiosity for internet enthusiasts, a few daring souls made investments that would change their lives forever. Among these pioneers was Dogecoin (DOGE), a token initially created as a joke in 2013. For years, DOGE languished in obscurity, its value barely registering above a fraction of a cent. However, in 2021, fueled by social media hype and endorsements from influential figures like Elon Musk, DOGE soared to unprecedented heights, reaching almost $0.75 in just months—a staggering increase of over 13,000%. Although DOGE's price has since retreated from its peak, it has shown remarkable resilience, with a strong floor around $0.12 and notable gains in 2024. A decade ago, DOGE could be acquired for a minuscule fraction of a cent, but by 2024, its value had surged to as high as $0.23—an incredible surge of nearly 230,000%. From its humble beginnings to its peak in 2021, DOGE had multiplied in value by an astonishing 740,000%. One visionary—or perhaps reckless—investor seized the opportunity in 2014 when they acquired 5 billion DOGE for $4 million, amassing 3.49% of the total DOGE supply. Holding steadfastly through the fluctuations, this investor's wallet has seen its value soar to over $3.5 billion at its peak, now settling around $700 million. The market capitalization of DOGE also skyrocketed from under $10 million in 2014 to over $30 billion in 2024, surpassing the valuations of household names like HP Inc., eBay Inc., and DraftKings Inc. Dogecoin's improbable journey over the past decade has captivated investors and spectators alike, generating billions in investment despite offering little tangible utility. It has minted millionaires and billionaires seemingly out of thin air, leaving many to ponder what the future holds for this enigmatic token. As DOGE continues to defy expectations, its story serves as a testament to the unpredictable and exhilarating world of cryptocurrency.
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💥💥💥 Why #bitcoin , #Ethereum , and #Dogecoin‬⁩ Surged Today The #cryptocurrency market surged after Federal Reserve Chairman Jerome Powell hinted at a potential rate cut, catching many investors off guard, as they had anticipated a hike. With a more accommodative monetary policy on the horizon, risk assets like Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) all saw gains of 3.8%, 2.2%, and 4% respectively, by 4 p.m. ET Thursday. Besides Powell's comments, specific factors are influencing these digital assets: - Bitcoin's Outlook: Despite concerns about momentum loss, Bitcoin's near and medium-term outlook is bullish. Lower interest rates are expected to weaken the U.S. dollar, benefiting commodities and store-of-value assets like Bitcoin. - Ethereum's Prospects: Ethereum stands to gain from capital inflows into cryptocurrencies. Expectations for SEC approval of spot Ethereum ETFs and its transition to a proof-of-stake protocol enhance bullish sentiment. - Dogecoin's Appeal: Dogecoin remains a speculative asset favored by traders seeking short-term gains. Recent liquidation data may have contributed to its pronounced move during the rally. - Sustainability of the Rally: While the surge is significant, broader context is crucial. Bitcoin remains below its all-time high, and the rally's sustainability depends on factors like additional catalysts and market sentiment. Monitoring Bitcoin is key, as it often dictates the direction of the overall cryptocurrency market. Source - finance.yahoo.com
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