SECApprovalJourney
181,944 views
117 Posts
Hot
Latest
Celebrate the approval of Bitcoin ETFs by the SEC, marking a groundbreaking moment for the $1.7 trillion digital asset sector. This decision paves the way for direct investment in Bitcoin through exchange-traded funds, offering broader access to the leading cryptocurrency on Wall Street and beyond.
Notable Approvals and Industry Leaders:
Major players like BlackRock, Invesco, and Fidelity, alongside contenders like Valkyrie, have received approval to initiate the trading of Bitcoin-spot ETFs. This marks a significant shift from the SEC's longstanding opposition, with BlackRock's unexpected application last June causing a notable upswing in cryptocurrency values.
Cautionary Note from SEC Chair Gary Gensler:
While approving certain spot Bitcoin ETP shares, SEC Chair Gary Gensler emphasizes that this decision does not constitute an endorsement of Bitcoin. Investors are advised to exercise caution due to the numerous risks associated with Bitcoin and crypto-related products.
Addressing Previous Concerns: Correlation and Surveillance:
The SEC's previous reservations focused on the absence of a regulated exchange effectively monitoring Bitcoin trading for fraud and manipulation. However, in the latest review, the SEC explored the correlation between spot and futures trading, determining that surveillance-sharing agreements with the CME could detect irregularities on exchanges like Kraken and Coinbase.
Market Impact and Bitcoin's Response:
Following the regulatory green light, Bitcoin maintained stability around $46,300. The original cryptocurrency, having doubled in value in 2023 amid anticipation of ETF approvals, now offers retail and institutional investors an opportunity to diversify portfolios without grappling with custody complexities.
Stay Informed, Stay Ahead
#ETFsApproval #SECApprovalJourney
#crypto2024
#trendingtoday #cryptocurrency
Notable Approvals and Industry Leaders:
Major players like BlackRock, Invesco, and Fidelity, alongside contenders like Valkyrie, have received approval to initiate the trading of Bitcoin-spot ETFs. This marks a significant shift from the SEC's longstanding opposition, with BlackRock's unexpected application last June causing a notable upswing in cryptocurrency values.
Cautionary Note from SEC Chair Gary Gensler:
While approving certain spot Bitcoin ETP shares, SEC Chair Gary Gensler emphasizes that this decision does not constitute an endorsement of Bitcoin. Investors are advised to exercise caution due to the numerous risks associated with Bitcoin and crypto-related products.
Addressing Previous Concerns: Correlation and Surveillance:
The SEC's previous reservations focused on the absence of a regulated exchange effectively monitoring Bitcoin trading for fraud and manipulation. However, in the latest review, the SEC explored the correlation between spot and futures trading, determining that surveillance-sharing agreements with the CME could detect irregularities on exchanges like Kraken and Coinbase.
Market Impact and Bitcoin's Response:
Following the regulatory green light, Bitcoin maintained stability around $46,300. The original cryptocurrency, having doubled in value in 2023 amid anticipation of ETF approvals, now offers retail and institutional investors an opportunity to diversify portfolios without grappling with custody complexities.
Stay Informed, Stay Ahead
#ETFsApproval #SECApprovalJourney
#crypto2024
#trendingtoday #cryptocurrency
🚀 BOOM! Bitcoin ETFs Land in USA 🇺🇸
The news you've been waiting for: The SEC has officially greenlit the first-ever Bitcoin spot ETFs for trading in the US!
You can now buy and sell Bitcoin through ETFs on major exchanges like NYSE, Nasdaq, and CBOE.
All 11 ETF applicants, including big names like Grayscale, BlackRock, Valkyrie, Ark Invest, Invesco, and Fidelity!
Some ETFs, like Ark’s and Fidelity’s, may start trading today at 9:30 AM ET.
Disclaimer: This is just info, not financial advice. Do your own research before making money moves.
#BTC #etf #SECApprovalJourney #ETFApprovalDreams #FortuneForge
$BTC $ETH $BNB
The news you've been waiting for: The SEC has officially greenlit the first-ever Bitcoin spot ETFs for trading in the US!
You can now buy and sell Bitcoin through ETFs on major exchanges like NYSE, Nasdaq, and CBOE.
All 11 ETF applicants, including big names like Grayscale, BlackRock, Valkyrie, Ark Invest, Invesco, and Fidelity!
Some ETFs, like Ark’s and Fidelity’s, may start trading today at 9:30 AM ET.
Disclaimer: This is just info, not financial advice. Do your own research before making money moves.
#BTC #etf #SECApprovalJourney #ETFApprovalDreams #FortuneForge
$BTC $ETH $BNB
Official #Bitcoin ETF approval announcement was taken down.
What the hell is happening with SEC ?
#BTC #etf #SECApprovalJourney
What the hell is happening with SEC ?
#BTC #etf #SECApprovalJourney
See original
🔥 Here are the latest developments in the Ripple case #XRP . Everyone knows that if Ripple wins the case against #SECApprovalJourney , it will explode and rise successively higher. Recently, the Securities and Exchange Commission asked the court to force Ripple to provide certain information. Such as audited financial statements for the period 2022-2023 and contracts for the sale or transfer of XRP to non-employee parties. and details of XRP sales funds received after the start of the trial.
🔥In the latest update on the SEC vs. Ripple Labs case. Ripple did not grant the SEC's request for audited financial statements and contracts related to XRP sales following the lawsuit. and information on funds from institutional sales of XRP. Ripple filed its opposition on January 19.
🔥And later, Tuesday January 23. The SEC responded in favor of his request. The SEC says its requests for information on remedies are appropriate and not too late. It also says that courts generally review the facts after a lawsuit is filed when dealing with securities law violations.
🔥The tougher legal stance taken by the SEC against Ripple has significant consequences for both the company and the cryptocurrency market in general. How Ripple defends itself and the outcome of this case could set a standard for how U.S. securities laws regulate and control other cryptocurrency companies.
🔥What will the lawsuit between Ripple and the SEC lead to? Given the long timeline of the battle between Ripple and the SEC. It is difficult to accurately predict the outcome of a trial. However, market experts and analysts expect a resolution to be reached by the second/third quarter of 2024 in the Ripple lawsuit.
#SEC #xrp
🔥In the latest update on the SEC vs. Ripple Labs case. Ripple did not grant the SEC's request for audited financial statements and contracts related to XRP sales following the lawsuit. and information on funds from institutional sales of XRP. Ripple filed its opposition on January 19.
🔥And later, Tuesday January 23. The SEC responded in favor of his request. The SEC says its requests for information on remedies are appropriate and not too late. It also says that courts generally review the facts after a lawsuit is filed when dealing with securities law violations.
🔥The tougher legal stance taken by the SEC against Ripple has significant consequences for both the company and the cryptocurrency market in general. How Ripple defends itself and the outcome of this case could set a standard for how U.S. securities laws regulate and control other cryptocurrency companies.
🔥What will the lawsuit between Ripple and the SEC lead to? Given the long timeline of the battle between Ripple and the SEC. It is difficult to accurately predict the outcome of a trial. However, market experts and analysts expect a resolution to be reached by the second/third quarter of 2024 in the Ripple lawsuit.
#SEC #xrp
🚨SEC approves 11 spot bitcoin ETFs, with trading likely set to start tomorrow🚨
👉Click here to Read More 🔗
👇READ MORE 👇
#SecGov #ETFApprovalDreams #BitcoinETF💰💰💰 #SECApprovalJourney #BTC-ETF.
👉Click here to Read More 🔗
👇READ MORE 👇
#SecGov #ETFApprovalDreams #BitcoinETF💰💰💰 #SECApprovalJourney #BTC-ETF.
LIVENFTSHITZ
--
🚨SEC approves 11 spot bitcoin ETFs, with trading likely set to start tomorrow
Quick TakeThe SEC said it has approved proposals for 11 spot bitcoin ETFsTrading is likely to start tomorrow.The Securities and Exchange Commission said it has approved proposals for 11 spot bitcoin ETFs on an accelerated basis, in a document that was uploaded to the SEC website.The document lists 11 spot bitcoin ETFs by Bitwise, Grayscale, Hashdex, BlackRock, Valkyrie, BZX, Invesco, VanEck, WisdomTree, Fidelity and Franklin."After careful review, the Commission finds that the Proposals are consistent with the Exchange Act and rules and regulations thereunder applicable to a national securities exchange," the document states.The document notes that fraud or manipulation that would impact prices in spot bitcoin markets would likely impact bitcoin futures prices in similar ways. This is a nod to the recent court case that found the SEC acted in an "arbitrary and capricious" manner when rejecting Grayscale's earlier bid to pivot GBTC to an ETF.“I am happy to confirm that the Grayscale team has received necessary regulatory approvals to uplist GBTC to NYSE Arca, and we will share a press release with additional information shortly,” said a Grayscale spokesperson.After the document was first picked up, it quickly went to a 404 error. A short while later it appeared in the correct part of the SEC website and the SEC told The Block that the filing was accurate.Alongside the omnibus approval order, the SEC published a speech by Chair Gary Gensler. He confirmed the approvals but added a warning. "While we approved the listing and trading of certain spot bitcoin ETP shares today, we did not approve or endorse bitcoin. Investors should remain cautious about the myriad risks associated with bitcoin and products whose value is tied to crypto," he said.While the document approves the issuers' 19b-4 forms all in one go, they will still need their S-1 forms to be effective for trading to start.Earlier today, the Cboe BZX exchange sent letters to the Securities and Exchange Commission on Wednesday, requesting “acceleration of registration” for proposed spot bitcoin ETFs. A few hours later, it issued listing notifications for six prospective ETFs saying that trading would begin on Thursday. This was prior to any approvals by the SEC.Potential inflowsOnce trading gets underway, these products could see large inflows. Valkyrie Investments co-founder and CIO Steven McClurg said he expects $200 million to $400 million of investors’ funds coming to Valkyrie’s ETF, and all participants might see $4 to $5 billion of inflows over the first couple of weeks.VanEck estimated that $1 billion of funds would arrive in the first few days, and $2.4 billion within a quarter. Galaxy expects $14 billion within the first year. Bitwise said it anticipated the market for spot bitcoin ETFs to reach around $72 billion within five years. On Tuesday, the SEC’s X account was compromised and a post went out claiming the SEC had granted approval for listing bitcoin ETFs on all registered securities exchanges with an image showing a quote by SEC Chair Gary Gensler. It was shortly deleted with follow up posts claiming it was unauthorized and that spot bitcoin ETFs had not been approved by that point.Preparing for spot bitcoin ETFsThe issuers have also lined up seed funding for their products. VanEck has taken the lead with direct investment, noting that it has seeded its potential spot bitcoin ETF with $72.5 million. Bitwise has seeded its proposed ETF with $500,000, according to its amended S-1 form, but Pantera Capital has also said that it is interested in putting $200 million into the fund if approved. BlackRock has seeded its potential spot bitcoin ETF with $10 million.Prior to approval, the ETF applicants had been waging a war for who can offer the lowest fees. Bitwise went the lowest, with zero fees for the first six months or until $1 billion of assets, and 0.2% afterward — which it lowered from 0.24% just days before. BlackRock maintained its offering of a discounted 0.2% for the first 12 months or until the fund hits $5 billion in assets, and 0.3% from then on. Other fees range up to 1.5% at the highest.🙏🏿Show Your Support🔥🙏🏿If you found this helpful, consider to tipping me through the Binance Tipping feature. Your generosity will help me to continue to provide high quality contents. 🙏🏿#SecGov #ETFApprovalDreams #ETFsApproval #etf #SECApprovalJourney
BlackRock Purchased $10 Million BTC for Spot Bitcoin ETF!
#BTC #SECApprovalJourney #BlackRockInCrypto
#BTC #SECApprovalJourney #BlackRockInCrypto
All new Ideas Good or Bad Side.ETF when approve Next time BTC and all coin not profits 10x 100x only give 2x 4x future the crypto currency Market.
In his view, it’s the institutions that need the ETF, not Bitcoin. Pointing to Bitcoin’s resilience over the past two years amid challenges such as bankruptcies, regulatory hurdles, and banking crises,Bitcoin’s fundamentals drive its growth.
#BTC #etf #SECApprovalJourney #BitcoinETF💰💰💰
In his view, it’s the institutions that need the ETF, not Bitcoin. Pointing to Bitcoin’s resilience over the past two years amid challenges such as bankruptcies, regulatory hurdles, and banking crises,Bitcoin’s fundamentals drive its growth.
#BTC #etf #SECApprovalJourney #BitcoinETF💰💰💰
Navigating the intricate world of crypto is akin to embarking on an unpredictable journey, especially with Bitcoin's ebb and flow and the impending ETF decision. The constant fluctuations in market dynamics serve as a captivating force, keeping investors on their toes.
While I may not hold Bitcoin, my focus on altcoins and an analytical approach distinguishes my strategy. Drawing wisdom from challenges faced in futures, I've shifted to a strategic blend of analysis and spot trading, adapting to the ever-shifting landscape.
Anticipating potential movements involves more than SEC approval; it delves into the dynamic evolution of the crypto space. The allure of being an early adopter remains, and the resilience of investors in the face of uncertainties is a testament to the crypto journey's enduring spirit.
Embracing both the thrill and challenges, my unique perspective contributes to the unfolding narrative. As we await the potential surge to 52k, each decision and insight plays a crucial role in shaping this dynamic journey. Here's to navigating the crypto waves with resilience and strategy!
#cryptojourney #BinanceInsights #BTC #etf #SECApprovalJourney $BTC $
While I may not hold Bitcoin, my focus on altcoins and an analytical approach distinguishes my strategy. Drawing wisdom from challenges faced in futures, I've shifted to a strategic blend of analysis and spot trading, adapting to the ever-shifting landscape.
Anticipating potential movements involves more than SEC approval; it delves into the dynamic evolution of the crypto space. The allure of being an early adopter remains, and the resilience of investors in the face of uncertainties is a testament to the crypto journey's enduring spirit.
Embracing both the thrill and challenges, my unique perspective contributes to the unfolding narrative. As we await the potential surge to 52k, each decision and insight plays a crucial role in shaping this dynamic journey. Here's to navigating the crypto waves with resilience and strategy!
#cryptojourney #BinanceInsights #BTC #etf #SECApprovalJourney $BTC $
Agreed
89%
Disagree
11%
9 votes • Voting closed
Bitcoin Booms Among US Advisors After ETF Approval
US financial advisors are buzzing with excitement as Bitcoin gains immense popularity, spurred by the recent approval of Bitcoin Exchange-Traded Funds (ETFs). 88% of advisors express a keen interest in adding Bitcoin to their portfolios, a surge directly linked to the newfound approval of Bitcoin ETFs.
Game-Changer ETFs
The approval acts as a game-changer, providing a regulated and accessible entry point for traditional financial players, marking a significant shift in investment strategies.
Driven by Returns and Diversification
Advisors are attracted to Bitcoin for its potential returns and portfolio diversification benefits. Institutional acceptance adds a layer of positive sentiment.
Balancing Risks
Despite the enthusiasm, advisors are cautious, acknowledging and actively managing the risks associated with the volatile cryptocurrency market.
Meeting Client Demands
The surge in interest is driven by client demand, reflecting a shift in preferences. Advisors are adapting to meet these evolving client needs.
Empowering Through Education
Recognizing the need for knowledge, advisors are engaging in educational initiatives, using training programs to bridge gaps in understanding Bitcoin.
Paradigm Shift Confirmed
The approval of Bitcoin ETFs has led to an 88% surge in interest among US financial advisors. This trend signifies a paradigm shift towards cryptocurrency adoption in traditional financial strategies, backed by the pursuit of returns, diversification, and a response to client demands.
#BTC #etf #XAI #tia #SECApprovalJourney $BTC 😘
US financial advisors are buzzing with excitement as Bitcoin gains immense popularity, spurred by the recent approval of Bitcoin Exchange-Traded Funds (ETFs). 88% of advisors express a keen interest in adding Bitcoin to their portfolios, a surge directly linked to the newfound approval of Bitcoin ETFs.
Game-Changer ETFs
The approval acts as a game-changer, providing a regulated and accessible entry point for traditional financial players, marking a significant shift in investment strategies.
Driven by Returns and Diversification
Advisors are attracted to Bitcoin for its potential returns and portfolio diversification benefits. Institutional acceptance adds a layer of positive sentiment.
Balancing Risks
Despite the enthusiasm, advisors are cautious, acknowledging and actively managing the risks associated with the volatile cryptocurrency market.
Meeting Client Demands
The surge in interest is driven by client demand, reflecting a shift in preferences. Advisors are adapting to meet these evolving client needs.
Empowering Through Education
Recognizing the need for knowledge, advisors are engaging in educational initiatives, using training programs to bridge gaps in understanding Bitcoin.
Paradigm Shift Confirmed
The approval of Bitcoin ETFs has led to an 88% surge in interest among US financial advisors. This trend signifies a paradigm shift towards cryptocurrency adoption in traditional financial strategies, backed by the pursuit of returns, diversification, and a response to client demands.
#BTC #etf #XAI #tia #SECApprovalJourney $BTC 😘
#BTC #BTCETFSPOT #BTC2024
🚀 Exciting Times for Crypto: Will SEC Approve Bitcoin Spot ETFs Today? 📈 Cryptocurrency Journalist Unveils Insights!
🔍 Rumors have been buzzing about potential SEC approval for Bitcoin Spot ETFs on Tuesday or Wednesday. What's the real scoop? 🤔
📰 **Latest Update:** According to Reuters, the SEC is anticipated to share information about Bitcoin Spot ETF applications for approval today or tomorrow. However, the approval timeline remains uncertain.
🗣️ **Insider Perspective:** Cryptocurrency journalist Eleanor Terrett weighed in, expressing skepticism about immediate approval. Terrett suggested that based on discussions with applicants, the SEC might need time to review changes in the S-1 forms filed last Thursday/Friday.
💡 **Insights into Approval Timeline:** Terrett highlighted that if the SEC follows a timeline similar to ETH futures in October, issuers might receive notifications after this review round. The final S-1s could be filed within the next 24-48 hours.
📆 **Realistic Outlook:** With SEC employees on leave since Friday, Terrett deems confirmation on Tuesday or Wednesday unlikely but remains optimistic. "Whatever happens, the next two weeks will be exciting for crypto," says Terrett.
🚨 **Disclaimer:** This update is not investment advice.
👻 **Stay Tuned for Crypto Thrills! Follow Mr Ghost for the Latest Updates!** 🚀 #CryptoNews #BitcoinETF #SECApprovalJourney
🚀 Exciting Times for Crypto: Will SEC Approve Bitcoin Spot ETFs Today? 📈 Cryptocurrency Journalist Unveils Insights!
🔍 Rumors have been buzzing about potential SEC approval for Bitcoin Spot ETFs on Tuesday or Wednesday. What's the real scoop? 🤔
📰 **Latest Update:** According to Reuters, the SEC is anticipated to share information about Bitcoin Spot ETF applications for approval today or tomorrow. However, the approval timeline remains uncertain.
🗣️ **Insider Perspective:** Cryptocurrency journalist Eleanor Terrett weighed in, expressing skepticism about immediate approval. Terrett suggested that based on discussions with applicants, the SEC might need time to review changes in the S-1 forms filed last Thursday/Friday.
💡 **Insights into Approval Timeline:** Terrett highlighted that if the SEC follows a timeline similar to ETH futures in October, issuers might receive notifications after this review round. The final S-1s could be filed within the next 24-48 hours.
📆 **Realistic Outlook:** With SEC employees on leave since Friday, Terrett deems confirmation on Tuesday or Wednesday unlikely but remains optimistic. "Whatever happens, the next two weeks will be exciting for crypto," says Terrett.
🚨 **Disclaimer:** This update is not investment advice.
👻 **Stay Tuned for Crypto Thrills! Follow Mr Ghost for the Latest Updates!** 🚀 #CryptoNews #BitcoinETF #SECApprovalJourney
This is a lie, 𝕏 was not hacked.
A simswap attack and the absence of 2 factor authentication compromised the SEC's account.
A Simswap is a 3rd party service provider issue.
Not enabling 2FA is a user competence issue.
#etf #ETFApprovalDreams #ETFsApproval #SECApprovalJourney
A simswap attack and the absence of 2 factor authentication compromised the SEC's account.
A Simswap is a 3rd party service provider issue.
Not enabling 2FA is a user competence issue.
#etf #ETFApprovalDreams #ETFsApproval #SECApprovalJourney
#Elon.Musk's X confirmed that the Sec's account was compromised. But it was not due to X's system breach, an unauthorized person take control on there phone number, and alsothey have not activated two- factor authentication.
#SECApprovalJourney #BTC #etf
#SECApprovalJourney #BTC #etf
BlackRock expects its Spot #Bitcoin ETF to be approved on Wednesday, Fox Business reports.
Huge pump.. FOMO kicks in... then huge dump, which Im adding heavily on ALTCOINS/shitcoins to ride altseason, w/NO EMOTIONS! 😉
2024 will be life changing for the 5%!
#etf #SECApprovalJourney #CryptoMoj $BTC $BNB
@crypto_MOJ news
free Shiba
for my followers
🐉💥BPZ7OW6P9Q🐉💥
Huge pump.. FOMO kicks in... then huge dump, which Im adding heavily on ALTCOINS/shitcoins to ride altseason, w/NO EMOTIONS! 😉
2024 will be life changing for the 5%!
#etf #SECApprovalJourney #CryptoMoj $BTC $BNB
@crypto_MOJ news
free Shiba
for my followers
🐉💥BPZ7OW6P9Q🐉💥
JUST IN: The following spot #BitcoinETF💰💰💰 will start trading on Cboe tomorrow, pending SEC approval:
• VanEck
• Fidelity
• Franklin
• ArkInvest
• WisdomTree
• Invesco Galaxy
#BTC #etf #SECApprovalJourney #ARB $BTC
• VanEck
• Fidelity
• Franklin
• ArkInvest
• WisdomTree
• Invesco Galaxy
#BTC #etf #SECApprovalJourney #ARB $BTC
💬 Approval of #Bitcoin spot ETF would be a “historic mistake”.
This is what Better Markets CEO Dennis M. Kelleher said in a letter.
Better Markets has asked the SEC not to approve a spot Bitcoin ETF.
“We are submitting this supplemental comment letter because it would be a serious, if not historic, error that would almost certainly lead to massive harm to investors if the SEC approved
the pending rule change.”c$BTC
#etf #SECApprovalJourney
This is what Better Markets CEO Dennis M. Kelleher said in a letter.
Better Markets has asked the SEC not to approve a spot Bitcoin ETF.
“We are submitting this supplemental comment letter because it would be a serious, if not historic, error that would almost certainly lead to massive harm to investors if the SEC approved
the pending rule change.”c$BTC
#etf #SECApprovalJourney
🚀 Crypto Market Update: Bitcoin Tops $46K, Ether and Altcoins Rally Post Bitcoin ETF Approval! 💹📈
The crypto market experiences a surge following the approval of spot Bitcoin ETFs by the US Securities and Exchange Commission (SEC). 🎉 Bitcoin climbs to $46,316, and the entire market witnesses a bullish trend with major cryptocurrencies and altcoins trading in the green.
📰 Key Highlights:
1. Bitcoin's Momentum Continues:
Bitcoin (BTC) rises nearly 1% to $46,425 in the last 24 hours.
Despite lagging behind recent 19-month highs, Bitcoin's market cap stands at $904 billion.
2. Ethereum Rockets Up:
Ethereum (ETH) surges 10% in the last 24 hours, reaching $2,617.Ether's market cap soars to $314.5 billion, with trading volumes up 80% to $30.2 billion.
3. Altcoins Join the Rally:
BNB and Solana rise more than 2% each.
Notable gains for XRP (6%), Cardano (ADA) (12%), and Avalanche (AVAX) (14%).
4. Memecoins in Action:
Dogecoin and Shiba Inu climb 6% and 5.5%, respectively.
5. Market Overview:
Global crypto market cap rises 3.5% to $1.77 trillion.
Fear and greed index level at 74, indicating bullish sentiment among investors.
🌟 Top 3 Cryptos For Today:
Pepe Coin (PEPE):
Price rallies almost 16% to $0.000001389.Market cap soars to $584.6 million, with a trading volume spike of over 119%.
Arbitrum (ARB):
Price jumps nearly 21% to $2.34.Market cap climbs to $2.9 billion, with a significant 81% increase in trading volumes.
Lido DAO (LDO):
Price falls 2.5% to $3.72.Market cap decreases to $3.2 billion, but trading volumes rise over 10% to $387.4 million.
💡 Stay Informed, Stay Profitable! Follow The Blockopedia for Real-time Crypto Updates! 🚀🌐
#ETFsApproval #SECApprovalJourney #etfsaga #cryptocurrency #crypto2024
The crypto market experiences a surge following the approval of spot Bitcoin ETFs by the US Securities and Exchange Commission (SEC). 🎉 Bitcoin climbs to $46,316, and the entire market witnesses a bullish trend with major cryptocurrencies and altcoins trading in the green.
📰 Key Highlights:
1. Bitcoin's Momentum Continues:
Bitcoin (BTC) rises nearly 1% to $46,425 in the last 24 hours.
Despite lagging behind recent 19-month highs, Bitcoin's market cap stands at $904 billion.
2. Ethereum Rockets Up:
Ethereum (ETH) surges 10% in the last 24 hours, reaching $2,617.Ether's market cap soars to $314.5 billion, with trading volumes up 80% to $30.2 billion.
3. Altcoins Join the Rally:
BNB and Solana rise more than 2% each.
Notable gains for XRP (6%), Cardano (ADA) (12%), and Avalanche (AVAX) (14%).
4. Memecoins in Action:
Dogecoin and Shiba Inu climb 6% and 5.5%, respectively.
5. Market Overview:
Global crypto market cap rises 3.5% to $1.77 trillion.
Fear and greed index level at 74, indicating bullish sentiment among investors.
🌟 Top 3 Cryptos For Today:
Pepe Coin (PEPE):
Price rallies almost 16% to $0.000001389.Market cap soars to $584.6 million, with a trading volume spike of over 119%.
Arbitrum (ARB):
Price jumps nearly 21% to $2.34.Market cap climbs to $2.9 billion, with a significant 81% increase in trading volumes.
Lido DAO (LDO):
Price falls 2.5% to $3.72.Market cap decreases to $3.2 billion, but trading volumes rise over 10% to $387.4 million.
💡 Stay Informed, Stay Profitable! Follow The Blockopedia for Real-time Crypto Updates! 🚀🌐
#ETFsApproval #SECApprovalJourney #etfsaga #cryptocurrency #crypto2024
BREAKING NEWS: CBOE Greenlights Bitcoin Spot ETFs for US Trading**
In a groundbreaking move, CBOE and SEC reportedly grant approval for the listing of Bitcoin Spot ETFs in the United States. Despite the official announcement from the SEC still pending, CBOE confidently declares that trading for the ETFs will commence tomorrow, indicating a high certainty of approval.
The journey to this pivotal moment traces back to the Winklevoss twins' initial application for the first Bitcoin Spot ETF in 2013. The approval marks a historic milestone for Bitcoin, as the SEC has long been advocating for spot ETFs that directly invest in BTC, following the previous approval of BTC Futures ETFs.
Yesterday, after the U.S. markets closed, a post from the SEC's official Twitter account suggested approval for Bitcoin Spot ETFs. Subsequently, it was uncovered that the SEC's Twitter account had been compromised, and SEC Chair Gary Gensler clarified that the ETFs were not approved. Despite this confusion, Bloomberg analyst James Seyffart reassured the public that the fake approval news would not alter the anticipated approval, expecting the ETFs to initiate trading tomorrow.
Stay tuned for further updates on this historic development in the cryptocurrency space.
*Disclaimer: The information is sourced from AzCryptoReviews, and readers are advised to conduct their own research before making financial decisions.*
#BitcoinSpotETF #CBOEApproval #CryptoNews #BTCInvesting #BlockchainRevolution #CryptocurrencyMarket #FinancialInnovation #BitcoinETFApproval #InvestmentOpportunity #BreakingCryptoNews #SECDecision #HistoricCryptoMoment
#BTC #SECApprovalJourney $BTC
In a groundbreaking move, CBOE and SEC reportedly grant approval for the listing of Bitcoin Spot ETFs in the United States. Despite the official announcement from the SEC still pending, CBOE confidently declares that trading for the ETFs will commence tomorrow, indicating a high certainty of approval.
The journey to this pivotal moment traces back to the Winklevoss twins' initial application for the first Bitcoin Spot ETF in 2013. The approval marks a historic milestone for Bitcoin, as the SEC has long been advocating for spot ETFs that directly invest in BTC, following the previous approval of BTC Futures ETFs.
Yesterday, after the U.S. markets closed, a post from the SEC's official Twitter account suggested approval for Bitcoin Spot ETFs. Subsequently, it was uncovered that the SEC's Twitter account had been compromised, and SEC Chair Gary Gensler clarified that the ETFs were not approved. Despite this confusion, Bloomberg analyst James Seyffart reassured the public that the fake approval news would not alter the anticipated approval, expecting the ETFs to initiate trading tomorrow.
Stay tuned for further updates on this historic development in the cryptocurrency space.
*Disclaimer: The information is sourced from AzCryptoReviews, and readers are advised to conduct their own research before making financial decisions.*
#BitcoinSpotETF #CBOEApproval #CryptoNews #BTCInvesting #BlockchainRevolution #CryptocurrencyMarket #FinancialInnovation #BitcoinETFApproval #InvestmentOpportunity #BreakingCryptoNews #SECDecision #HistoricCryptoMoment
#BTC #SECApprovalJourney $BTC