💸 Cryptocurrency exchange-traded funds (ETFs) currently hol

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💸 Cryptocurrency exchange-traded funds (ETFs) currently hold over 1 million BTC under management. 🚀 #investmens #EarnFreeCrypto2024

💸 Cryptocurrency exchange-traded funds (ETFs) currently hold over 1 million BTC under management. 🚀
#investmens
#EarnFreeCrypto2024 

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🌋Weekly Glassnode Review of Cryptocurrency Markets: 🔸 Spot BTC ETFs are showing a clear revival in demand and positive fund inflows, reflecting significant buying pressure. 📈💰 🔸 Additionally, there has been a leveling of the playing field between BTC and Ethereum: the SEC approved the U.S. spot ETFs 19b-4 for Ethereum. This further confirms the growing integration of digital assets into the traditional financial system and is an important step forward for the industry. 🏦📊 #news #EarnFreeCrypto2024

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⚡Bernstein predicts bitcoin and ether ETF market to grow to $450 billion ⚗️According to a report by investment firm Bernstein, the total value of spot exchange traded funds (ETFs) on bitcoin and ether will increase to $450 billion in the next few years. ⚗️Experts noted that after the US Securities and Exchange Commission (SEC) approved 19b-4 filings from ETH-ETF issuers, the market settled the dispute over whether ether is a security or a commodity. ⚗️Bernstein points out that ether was the first asset with a Proof-of-Stake (PoS) consensus mechanism approved as a spot exchange-traded fund, paving the way for the cryptocurrency to be further adopted in the crypto industry. ⚗️Analysts suggest that the approval of the ETH-ETF could have positive implications for other digital assets such as Solana, as they too could use this precedent to make regulatory filings. ⚗️In addition, Bernstein experts confirmed a prediction that bitcoin will rise to $90,000 by the end of 2024 and reach $150,000 in 2025. #EarnFreeCrypto2024

🌋Court sentences ex-FTX director Ryan Salame to 7.5 years in prison 🛣️The U.S. District Court for the Southern District of New York has sentenced Ryan Salame, the former CEO of bankrupt crypto exchange FTX, to 7.5 years in prison for financial fraud. ⚗️Judge Lewis Kaplan (Lewis Kaplan) gave Ryan Salame (Ryan Salame) the maximum possible sentence, meeting the demands of prosecutors. U.S. Attorney Damian Williams emphasized that Salame engaged in conducting an unlicensed money transfer business to FTX and Alameda Research, as well as engaging in illegal political campaign financing to get FTX to win the support of lawmakers. In September 2023, Salame pleaded guilty to all of the criminal charges against him. After pleading guilty, Salame was free on bond after paying $1 million in bail. ⚗️The former FTX director's cooperation with the prosecutor's office allowed for some leniency in his sentence. However, Salame's attorneys insisted that their client's prison term should not exceed 18 months. The defense tried to convince the court that Salame played a minor role in FTX's financial fraud, and since the defendant had repented for the crimes committed, the likelihood of reoffending remained low. ⚗️In addition to imprisonment, the court sentence for Salame carries financial penalties and asset forfeiture. The former FTX director must pay approximately $6 million to the U.S. government and another $6 million to FTX's creditors. In addition, the defendant must forfeit two properties and a business. Although his previous equity was in the millions, Salame's attorneys argued that there would be no assets left in his possession. Salame may retain ownership of the 2021 Porsche due to insufficient equity for forfeiture. #EarnFreeCrypto2024

🌋HEADLINES TODAY:- Hello, here are the most important updates for this morning: 💰 Yesterday, the net inflow into spot BTC ETFs was +$45 million. Inflows have continued for 11 consecutive days. 📈 💸 BlackRock's income and bond-focused funds purchased shares of their own spot BTC ETF in Q1. 🏦 👮 The court sentenced former FTX executive Ryan Salame to 7.5 years in prison. ⚖️ ❌ The judge dismissed the case against Debt Box, ordering the SEC to pay $1.8 million for overstepping its authority. 💸 🧠 AI-related crypto tokens declined in the last 24 hours amid Nvidia (NVDA) stock price rising by more than 7%. 🤖📉 🦟 Binance executive Tigran Gambaryan, who is still in jail in Nigeria, is suspected of having malaria. -CD. 🚑 #news #EarnFreeCrypto2024

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