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As I predicted in May #TONonBinance
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🚨 Today, Ethereum ETFs are officially launching, marking the beginning of a new chapter in crypto history. #ETH_ETFs_Trading_Today #VanEck_SOL_ETFS $ETH
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Today, Ethereum ETFs are officially launching, marking the beginning of a new chapter in crypto history, in which: - Ethereum is NOT considered a security today. - For the first time, a cryptocurrency other than Bitcoin will be tested in the traditional investor market, and it will be interesting to see how much demand there will be. If it goes well (using Bitcoin inflows multiplied by the market cap ratio between ETH and BTC as a rough benchmark), the message would be clear: there is demand not only for Bitcoin but also for other cryptocurrencies. Consequently, there will be increasing interest in having financial products for other cryptocurrencies as well (the first being Solana), eventually leading to the creation of crypto indices/baskets similar to SP500, NASDAQ #ETH_ETFs_Trading_Today #VanEck_SOL_ETFS
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Who is J.D. Vance, Trump’s VP pick, and why does he matter to the tech world? $BTC #BTC #Cryptocurrencies
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Who is J.D. Vance, Trump’s VP pick, and why does he matter to $BTC ? J.D. Vance, a Republican senator and former tech investor, has been named as Donald Trump’s potential Vice President. Known for his bestseller "Hillbilly Elegy" and his time at Mithril Capital, Vance brings a unique perspective to the tech regulation debate. At a recent Y Combinator conference in Washington, Vance stood out for his harsh critiques of big tech companies like Google and Facebook, even advocating for the breakup of Google. He argues that these companies hold too much power over information and are biased against conservative viewpoints. However, Vance is not anti-tech across the board. He supports a more lenient regulatory approach to cryptocurrencies, criticizing the current stance of the Securities and Exchange Commission as overly restrictive. His tech background and connections with figures like Peter Thiel lend him credibility, but also raise questions about his independence. If elected, Vance's views could signal a significant shift in tech regulation, blending severe criticism of big tech with support for the burgeoning crypto industry, potentially reshaping alliances in the tech and political landscapes. #BTC #TRUMP
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