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💫 The most profitable cryptocurrencies of this week.
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🗣️Bloomberg ETF analyst James Seyffart: An updated S-1 for Ethereum ETFs has arrived from Bitwise. We expect more from other issuers throughout the rest of the week. We think ETFs may list next week or late week 15. #Btc $BTC #etf
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🚨Fed FOMC Minutes Published: •The majority of the members who attended the Fed's June 11-12 meeting evaluated that US economic growth was gradually cooling. •The majority saw that the economy was slowly cooling down. •Some officials said a further cooling in the labor market could mean more layoffs. •Most Fed members viewed the current policy stance as restrictive. •Some Participants said policy should be prepared to respond to unexpected economic weaknesses. 🚨Fed FOMC Minutes Published: •Many officials have said that if inflation remains stubborn or rises, interest rates may need to be increased. •A further slowdown in the labor market may be necessary to achieve the targets. •Participants saw May's CPI reading as additional evidence of progress toward the inflation target. #Btc #fed #fomc $BTC
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💫Top 10 blockchain networks by TVL growth in Q2 2024:
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🚨US Stock Exchanges Opened. S&P500: +0.01% Nasdaq: -0.03% Dow Jones: +0.10% 🗒️US Stock Exchanges will close early today (20:00 UTC) due to Independence Day. 🚨Reminder: 🇺🇸Fed FOMC minutes will be published today at 21:00.
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💫VanEck head of research Matthew Sigel said the possibility of launching a Spot Solana ETF depends largely on the outcome of the 2024 presidential election and whether Gary Gensler continues to serve as SEC chairman. #Btc $BTC
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