Home
Notification
Profile
Trending Articles
News
Creator Center
Settings
LIVE
LIVE
Shanu11
--
・
1.6k views
Follow
Happy Earning Cake Holder #cake
Happy Earning
Cake
Holder
#cake
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.
See T&Cs.
0
Replies
1
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
LIVE
Shanu11
@Square-Creator-ce6843276
Follow
Explore More From Creator
The US Securities and Exchange Commission said it has approved the launch of spot Ethereum ETFs for accelerated launch, according to Phoenix News. Ethereum ETFs face a weeks-long process of finalizing S-1 registration statements, a form required by the SEC for ETFs to list securities, and establishing exchange agreements through multiple rounds of SEC communication. The move is expected to bring a substantial influx of institutional capital into the Ethereum market, with Standard Chartered Head of Digital Assets Research Geoff Kendrick predicting inflows of $15 to $45 billion in the first 12 months. To address SEC concerns, potential spot ETH ETF issuers, including Fidelity, Franklin Templeton, Ark, Invesco, Grayscale, Bitwise, and VanEck, have updated their filings to confirm they will not stake ETH for yield. Earlier this week, Bloomberg analysts Eric Balchunas and James Seyffart have increased the odds of a spot Ethereum ETF being approved this month from 25% to 75%. The approval of Ethereum ETFs and the passage of the FIT21 crypto bill suggest a shift in the Biden Administration’s stance on crypto, following former President Trump’s pledge to support the industry and foster a business-friendly environment in the US. The approval comes just five months after the SEC gave the green light to 11 spot Bitcoin ETFs, marking a significant shift in the regulatory landscape for crypto in the US. #eth #SEC #EthereumETFApprovalExpectations
--
According to the update on Donald Trump's official donation website, Trump's supporters can now donate cryptocurrency. The image on the website included Bitcoin, Ethereum, Tether, Solana, USDC, XRP, Dogecoin, Cardano, SHIB and Avalanche. Trump recently confirmed that he approves of cryptocurrencies. In February, he acknowledged Bitcoin's popularity, stating that BTC was an asset in its own right and that he could “live with it.” This was in stark contrast to a statement he made on Twitter (now The former US president has launched three non-fungible token (NFT) collections since leaving office. #btc #btc70k #PEPE *This is not investment advice.
--
A new report on BTC has been published in China, known for its bans on Bitcoin and cryptocurrencies. The report written by Chinese academics stated that BTC could be considered a property. Academics who agree on the property characteristics of Bitcoin stated that BTC and cryptocurrencies have a relatively small area in terms of legal regulations in China. At this point, academics pointed out that BTC and cryptocurrencies are not completely banned, but also said that they are not contraband goods. As a result, academics who reached a general conclusion about Bitcoin wrote the following: “Bitcoin is not legal, but it is not completely banned either. BTC is not a contraband commodity either. Bitcoin is actually tradable and has economic value, so it can be considered property.” Chinese scholars generally agree on the property attributes of Bitcoin and summarize: Bitcoin and digital currency has a relatively small space for legal order in China, but it is not completely banned. It is not a contraband. In fact, it can be traded and has economic value, so… — Wu Blockchain (@WuBlockchain) May 6, 2024 China's Bitcoin Ban! In September 2021, the Chinese government made a decision to ban all activities related to Bitcoin and cryptocurrencies, including cryptocurrency mining, and declared these transactions illegal. The Chinese government also banned foreign cryptocurrency exchanges from providing services in the country. #btc #China #btcban
--
There are only 50 blocks left until the Bitcoin halving event, which is closely followed by the entire cryptocurrency market. Halving 840,000. The block will be processed from the moment it is mined. According to the latest information, the halving will take place tonight at 05:26 Türkiye time (UTC+3). However, since block extraction times are not constant, there may be minor fluctuations in this time information. After the halving, BTC miners will no longer receive a reward of 3,125 BTC per block, instead of 6.25 BTC. This will help reduce Bitcoin's inflation. This event will cut Bitcoin's inflation rate in half, from roughly 1.7% to 0.85%. Before the halving, the BTC price experienced a partial recovery and at the time of writing, it is trading at $64,175, with an increase of approximately 1% compared to the last 24 hours. JPMorgan analysts predict that production costs will rise to an average of $42,000 after the halving, and “this estimate is also the level at which we predict Bitcoin prices will drift once Bitcoin-halving-fuelled euphoria subsides after April,” the analysts wrote. However, looking at historical data, there are many analysts who think that the BTC price may experience an increase. Because when historical data is examined, even if there is a decline in the first moments, it is extremely likely that BTC will reach high levels in the next medium and long term. *This is not investment advice. #BTCHALVING. #btc #BTC_CRASH_UPDATE
--
BREAKING: Iran launches attack against Israel using dozens of drones, four U.S. and Israeli officials told me — Barak Ravid (@BarakRavid) April 13, 2024 #btc #BTCDumpingByUS
--
Latest News
Ethereum Beacon Chain's Total Staked ETH Reaches Over 32 Million
--
Foresight Launches Second Phase Of Dragon Year NFT Commemoration
--
DeBridge Announces Support For Rabby And Trust Wallet
--
Kryptanium Capital Founder Forecasts Weekend Cryptocurrency Prices
--
Weekly Market Highlights - A Busy End to May
--
View More
Trending Articles
Will Crypto Markets March Higher When $1.4B Bitcoin Options Expire?
CryptoPotato
SEC Approves SPOT ETH ETF, Recognizing ETH As Commodity
CryptoNewsLand
Ether ETF Approved So Why Aren’t We Rich Yet?
Cointelegraph
SEC Approves Spot Ether ETF Listing, Still Needs to Approve Issuers' Filings
CoinDesk
Ripple Vs. SEC: Key Factor Delaying Judge’s Final Decision
Coinpedia
View More
Sitemap
Cookie Preferences
Platform T&Cs