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Michael Saylor, the founder of MicroStrategy and a prominent Bitcoin advocate, has made a bold statement following the approval of spot Ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Saylor, #BTC known for his strong belief in Bitcoin's supremacy, took to 'X' (formerly Twitter) to share his views, coining the term "Bitcoin Godzilla" to emphasize Bitcoin's dominant position in the cryptocurrency market. He implied that Bitcoin would continue to outperform Ethereum and other cryptocurrencies despite the approval of Ethereum ETFs. Supporting Saylor's perspective, Samson Mow, CEO of Jan3 and another Bitcoin maximalist, also expressed a bearish outlook on Ethereum. Mow suggested that the approval of Ethereum ETFs was almost a certainty due to regulatory pressures and reiterated his negative stance on Ethereum, advising that the recent ETF approval does not alter his view on the cryptocurrency's future. #Write2Eam #TrendeNell #TrendigTopic

Michael Saylor, the founder of MicroStrategy and a prominent Bitcoin advocate, has made a bold statement following the approval of spot Ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Saylor, #BTC known for his strong belief in Bitcoin's supremacy, took to 'X' (formerly Twitter) to share his views, coining the term "Bitcoin Godzilla" to emphasize Bitcoin's dominant position in the cryptocurrency market. He implied that Bitcoin would continue to outperform Ethereum and other cryptocurrencies despite the approval of Ethereum ETFs.

Supporting Saylor's perspective, Samson Mow, CEO of Jan3 and another Bitcoin maximalist, also expressed a bearish outlook on Ethereum. Mow suggested that the approval of Ethereum ETFs was almost a certainty due to regulatory pressures and reiterated his negative stance on Ethereum, advising that the recent ETF approval does not alter his view on the cryptocurrency's future.

#Write2Eam #TrendeNell #TrendigTopic

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Here's a more detailed guide on how to convert cryptocurrency on Binance: $BTC ### On Binance Website: 1. **Log in to your Binance account:** - Visit [Binance](https://www.binance.com/) and log in with your credentials. 2. **Navigate to the Exchange:** - Click on "Trade" in the top menu. - Select "Convert" from the dropdown menu. 3. **Select the Cryptocurrencies:** - In the "Convert" interface, choose the cryptocurrency you want to convert from using the dropdown menu on the left. - Select the cryptocurrency you want to convert to using the dropdown menu on the right. 4. **Enter the Amount:** - Enter the amount of cryptocurrency you want to convert. You can choose to convert a specific amount or use the “Max” button to convert all available balance. 5. **Review Conversion Rate and Fees:** - Check the conversion rate displayed. - Be aware of any fees associated with the conversion. 6. **Complete the Conversion:** - Once you have reviewed all details, click on the "Convert" button. - Confirm the transaction details in the popup window to finalize the conversion. ### On Binance Mobile App: 1. **Log in to your Binance Account:** - Open the Binance app and log in with your credentials. 2. **Access the Convert Feature:** - Tap on the "Trade" button at the bottom of the screen. - Select "Convert" from the menu. 3. **Select Cryptocurrencies:** - Choose the cryptocurrency you want to convert from the dropdown menu. - Select the cryptocurrency you want to convert to. 4. **Enter the Amount:** - Enter the amount you wish to convert. - You can use the "Max" button to convert all available balance. 5. **Review Conversion Rate and Fees:** - Check the conversion rate displayed on the screen. - Be aware of any fees associated with the conversion. By following these steps, you can efficiently convert cryptocurrencies on Binance using either the website or the mobile app. #TopCoinsJune2024 #Binance200M #BTC #bitcoin #BlackRock
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Here are the most important #crypto news highlights of today: 1. **MiCA Regulation Concerns:** Paolo Ardoino, CTO at Tether, has expressed concerns about the Markets in Crypto-Assets (MiCA) Regulation and its potential impact on stablecoins. The regulation aims to provide a comprehensive framework for crypto assets in the EU, but there are worries about its implications for stablecoin operations. 2. **#ETH ETFs Approval Delay:** Gary Gensler, Chairman of the SEC, has indicated that the next step in the approval process for Ethereum-based ETFs (ETH ETFs) will take some time. This suggests that regulatory scrutiny and deliberations are ongoing. 3. **Centralized Exchange Volume Decline:** The total trading volume on centralized exchanges fell by $5.2 billion in May. This decline could be attributed to various factors, including market sentiment, regulatory changes, or shifts in trading activity to decentralized platforms. 4. **Bank of Canada Rate Cut:** The Bank of Canada has announced a rate cut of 25 basis points, lowering the interest rate to 4.75%. This monetary policy decision could have implications for the broader financial markets, including the crypto sector. 5. **BSV Exclusion Hearings:** The London Competition Appeal Tribunal has begun hearings on the exclusion of #Bitcoin SV (BSV) from exchanges. The outcome of these hearings could impact the availability and trading of BSV on major platforms. 6. **Tether's Investment in XREX Group:** Tether has announced a strategic investment of $18.75 million in the XREX Group. This investment is likely aimed at expanding Tether's influence and capabilities within the crypto and fintech sectors. #altcoins $SOL $BTC $BNB
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