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🚨La aprobación de los ETF al contado de#Ethereumse retrasará, dice Gary Gensler🚨 Gary Gensler, presidente de la Comisión de Bolsa y Valores de EE. UU., ha indicado un posible retraso en el proceso de aprobación de los ETF al contado de $ETH por parte de los administradores de activos. 👉Durante una entrevista con CNBC el 5 de junio, Gensler señaló que el proceso para la aprobación de estos ETF por parte de la SEC "llevaría algún tiempo", lo que sugiere un ritmo más lento en la aprobación de las declaraciones de registro S-1 necesarias.

🚨La aprobación de los ETF al contado de#Ethereumse retrasará, dice Gary Gensler🚨

Gary Gensler, presidente de la Comisión de Bolsa y Valores de EE. UU., ha indicado un posible retraso en el proceso de aprobación de los ETF al contado de $ETH por parte de los administradores de activos.

👉Durante una entrevista con CNBC el 5 de junio, Gensler señaló que el proceso para la aprobación de estos ETF por parte de la SEC "llevaría algún tiempo", lo que sugiere un ritmo más lento en la aprobación de las declaraciones de registro S-1 necesarias.

Aviso legal: Contiene opiniones de terceros. Esto no constituye asesoramiento financiero. Es posible que contenga contenido patrocinado. Consultar Términos y condiciones.
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Warren is calling on the Federal Reserve to lower interest rates, a move that could have a significant benefit for the crypto market. In an unexpected development, Senator Elizabeth Warren called on the Federal Reserve to reconsider its current interest rate policy. In a letter to Fed Chair #JeromePowell , Warren noted that the current 5.5% rate not only slows the economy but also contributes to persistent inflation levels running above 3%. This call was also signed by Senator Jacky Rosen. The letter details that higher interest rates increase costs in key sectors such as home and auto insurance, which contribute greatly to the overall inflation rate. Citing a report from Bankcreek Capital Advisors, he argues that lowering interest rates would ease financial pressure on Americans and reduce their basic monthly expenses, especially housing costs. This would be in line with other major economies that have recently lowered interest rates, such as the United States, Canada and the European Union. Additionally, they have lowered their rates in countries such as Sweden, Switzerland, Hungary and the Czech Republic. As the Federal Reserve prepares for its upcoming interest rate decision, the crypto community is watching carefully. Traditionally, the Fed has indicated its intention to maintain high rates for an extended period of time. Following its last meeting, the Fed said it would not consider a rate cut unless there was more consistent evidence that inflation was moving more steadily toward the desired 2% level. However, recent job growth and low unemployment rates provide a rationale for the Fed to maintain current rates. According to CME FedWatch, the market is 99% certain that there will be no change in rates at the June meeting. Interest rate cut speculations are shifting to later periods of the year, probably in September or November. #Binance200M #TopCoinsJune2024 #BTC #bitcoin
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$BTC OVERALL MARKET UPDATE:- Since there is too much panic 😱 in the market as of now due to continuous selling pressure, But BTC has managed to stay above 👆 66K$ till now. Total crypto market cap also fell down ⬇️ almost 5% in last 24Hrs. VOLUME INFLOW IS NOT SUFFICIENT. I EXPECT THE MARKET WILL DECIDE BY THIS WEEKEND EITHER ⬆️ or ⬇️. 👉 One thing I am very sure is That this upcoming rally IT WILL BE HUGE. BTC:- 93K-95$ before Retrace. I AM BULLISH for 80K$ FIRST 💪.#BTC #TopCoinsJune2024 #ETHETFsApproved
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An astounding 70,000% increase in the burn rate of Shiba Inus (SHIBs): Is It Going to Set Off That Much-Delayed Price Explosion? Surprisingly, the Shiba Inu (SHIB) burn rate has seen a 'astronomical' spike, increasing by more than 68,000% in only one day. The cryptocurrency world is quite interested in this increase since it was recorded by Shibburn, a website that tracks the burning of SHIB tokens. The most recent statistics from Shibburn show that the Shiba Inu community as a whole has been responsible for a dramatic increase in SHIB burns. An astounding 68,316% increase in the burn rate occurred yesterday, when seven wallet addresses burned 7.6 million SHIB tokens. Particularly noteworthy were three transactions originating from these addresses; one wallet, '0x60,' burned around 4.3 million SHIB. This wallet, which processed the biggest single transaction, also had another massive burn, increasing its day total to be over 5 million Shiba Inu. Notably, the second wallet, '0xc6,' also burned 1.5 million SHIB tokens barely an hour earlier, although a lesser quantity than the first. The total amount of Shiba Inu withdrawn from circulation has reached about 410.7 trillion due to the significant rise of burnt tokens; the current circulating supply is 589.2 trillion. There will be little short-term impact on the market price of Shiba Inus, but the long-term goal is to increase prices owing to scarcity caused by their persistent removal from circulation. Market price for SHIB has not kept pace with the excitement in burn metrics, even though there has been a lot of burn activity. The price of SHIB has dropped 0.5% in the last 24 hours, reaching $0.00002325. This decline is a continuation of the general trend of declining prices; SHIB has dropped almost 6% in the last week. The chief social media marketer for the SHIB team, Lucie, discussed the possibility of a SHIB-based exchange-traded fund (ETF) on Elon Musk's X platform earlier today, amid these market actions.#TopCoinsJune2024 #bitcoin #shiba⚡
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🔴🔴🔴 Bitcoin urgent urgent very urgent update 👉Guys Bitcoin as i told you if it hold above 69k or 68k it will return back to 70k 👉 Bitcoin has broken it 69k support and on the edge to break last support 👉It will go 67k and then 65500 if it failed to hold 67700 👉 Today there is no good power in btc to pump its struggling to maintain support 👉watch carefully area of 67700 to 68k it can reverse Bitcoin or Start new bearish trend 👉If Bitcoin go to 65500 again it will be disastfor altcoins especially those coins which are on high level like pepe notcoin bnb eth 👉 Currently i am bearish on btc i think it will go down or stay here if you see daily timeframe you can see its bearish Ema line and closing below Ema line mean welcome to bearsih market 👉Crypto market is volatile it can change trend so also do your own research 👉Follow and like so you will get time to ime update 👉Keep on giving updates on btc 👉I am thinking to close my long you all also put stop loss on your trades to stay safe because small loss is better han liquidation #bitcoin #Binance200M #TopCoinsJune2024
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Saudi Arabia's decision not to renew its long-standing petrodollar agreement with the United States represents a fundamental shift in global financial balances. For more than 50 years, the petrodollar system has supported international trade, selling oil only in USD. Saudi Arabia's move to diversify payment methods including cryptocurrencies and other global currencies such as Euro, Yen, Yuan marks a critical moment for global finance. This policy change is not just a political maneuver, but a strategic economic decision in line with Saudi Arabia's vision of reducing economic dependence on the US dollar. Being part of Project mBridge, a China-led cross-border central bank digital currency (#CBDC ) trial, underscores the country's commitment to exploring digital currencies for international trade. This move could accelerate the “de-dollarization” trend that is already gaining momentum globally and significantly impact the dominance of the US dollar. As Saudi Arabia opens up to alternative payment methods, Bitcoin and other cryptocurrencies are poised to benefit. Bitcoin's decentralized structure and limited supply make it an attractive asset in times of rising inflation and currency depreciation. Crypto analysts emphasize that the termination of the petrodollar agreement could lead to an increase in USD printing, which could trigger inflation and make Bitcoin a more attractive investment. The end of the US-Saudi petrodollar deal represents a significant departure from past economic norms. This agreement, announced in 1972, played a fundamental role in maintaining the global dominance of the US dollar. Saudi Arabia's decision not to renew this agreement could have wide-ranging effects on global financial markets by shifting towards multi-currency transactions. The Bank for International Settlements (BIS) confirms Saudi Arabia's full involvement in Project mBridge and its commitment to diversifying its economic relations.#bitcoin #Binance200M #BTC
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