BREAKING NEWS ALERT๐Ÿšจ

1. Ethereum ETF Approval:

The Securities and Exchange Commission (SEC) recently approved a rule change that sets the stage for Ethereum exchange-traded funds (ETFs) to receive final approval.

While the ETFs are not fully approved yet, this development is significant. Once approved, it will democratize access for investors, allowing them to gain Ethereum exposure by buying shares like they would with a stock, without navigating crypto exchanges or managing digital wallets.

Institutional investors, who were previously hesitant due to regulatory and custodial concerns, can now participate, potentially driving increased demand for Ethereum.

2. CPI Data Release:

On July 11 at 8:30 PM (Hong Kong time), the Consumer Price Index (CPI) data will be released.

The CPI measures changes in the average prices of a basket of goods and services. It's a crucial economic indicator that can impact market movements.

Keep an eye on this release, as it could trigger substantial shifts in the market.

:Stay informed and prepared for potential market volatility! ๐Ÿš€๐Ÿ“ˆ#Write2Earn! #BinanceTurns7 #MtGoxJulyRepayments #ETH๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ #SOFR_Spike