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Invest $10000 in 3 Coins by 2025 (NULS - GOLEM - STORJ) NULS: NULS is a global open-source community blockchain initiative and blockchain infrastructure with customisable services. Golem: Provides decentralized, revolutionary AI computing power. Storj: Buy this low-inflation decentralized data storage network for enormous upside returns. NULS NULS is a service-oriented blockchain project that mines by staking using PoC. This page on Bitci.com defines NULS. NULS features, items, and price will be mentioned. Oct. We wish you good reading. Its modular blockchain design allows customization and inter-chain decodability. The design includes microservices and functional components. Other names include a blockchain infrastructure offering customisable services and a global open source community blockchain initiative. Golem Golem is a Render Token-like crypto project. It emphasizes computing rather than GPU power. AI industry computing power comes from the initiative. Golem divides jobs into subtasks and distributes them across providers for parallel processing. This improves efficiency and speeds up complex computations. At $445 million, Golem's market valuation is low. It might be worth $1 billion or more in the coming months if GPU and computer initiatives gain popularity. OpenAI's Sora text-to-video approach has generated a lot of interest in computer projects, so I think Golem could benefit when it comes out. Storj Storj is a peer to a larger data storage project, like Golem. Storj's largest competitor is Filecoin (FIL-USD), but I still like it. Filecoin, worth $3.3 billion, lets users store and safeguard data on the blockchain. Alternatively, Storj lets you do so. Its decentralized network lets users lend storage capacity for STORJ tokens, which other users can buy. #CryptoWatchMay2024 #NULS #GOLEM $NULS $GLM

Invest $10000 in 3 Coins by 2025 (NULS - GOLEM - STORJ)

NULS: NULS is a global open-source community blockchain initiative and blockchain infrastructure with customisable services.

Golem: Provides decentralized, revolutionary AI computing power.

Storj: Buy this low-inflation decentralized data storage network for enormous upside returns.

NULS

NULS is a service-oriented blockchain project that mines by staking using PoC. This page on Bitci.com defines NULS. NULS features, items, and price will be mentioned. Oct. We wish you good reading.

Its modular blockchain design allows customization and inter-chain decodability. The design includes microservices and functional components. Other names include a blockchain infrastructure offering customisable services and a global open source community blockchain initiative.

Golem

Golem is a Render Token-like crypto project. It emphasizes computing rather than GPU power. AI industry computing power comes from the initiative. Golem divides jobs into subtasks and distributes them across providers for parallel processing. This improves efficiency and speeds up complex computations.

At $445 million, Golem's market valuation is low. It might be worth $1 billion or more in the coming months if GPU and computer initiatives gain popularity. OpenAI's Sora text-to-video approach has generated a lot of interest in computer projects, so I think Golem could benefit when it comes out.

Storj

Storj is a peer to a larger data storage project, like Golem. Storj's largest competitor is Filecoin (FIL-USD), but I still like it. Filecoin, worth $3.3 billion, lets users store and safeguard data on the blockchain. Alternatively, Storj lets you do so. Its decentralized network lets users lend storage capacity for STORJ tokens, which other users can buy.

#CryptoWatchMay2024 #NULS #GOLEM $NULS $GLM

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✅Spot Ethereum ETFs approved by SEC after startling U-turn✅ After delays, the US SEC authorized spot ETH ETF applications Thursday. Ethereum may reach a record high like Bitcoin following ETF certification. After weeks of quiet, the SEC authorized spot ETH ETF 19b-4s registrations on Thursday. SEC authorizes spot ETH ETF amendments After requesting exchanges to alter files on Monday, the SEC authorized spot ETH ETF 19b-4s filings on Thursday. The decision follows weeks of SEC reticence on ETF applications. Before ETFs debut, the SEC must approve S-1s applications, which may take weeks. Many anticipated the SEC to allow spot ETH ETFs after it authorized spot Bitcoin ETFs in January. However, the SEC purportedly ignored issuers and repeatedly delayed applications. Unlike spot Bitcoin ETFs, where the SEC was in frequent touch with issuers, its quiet caused many to fear it wouldn't approve spot ETH ETFs. Thus, Bloomberg analysts Eric Balchunas and James Seyffart estimated 25% ETF approval probabilities. The SEC was also contemplating labeling ETH a security after investigating Ethereum-related entities, according to Consensys court documents. SEC suddenly started contacting issuers on Monday, requesting exchanges to submit revised 19b-4s filings. After Donald Trump's pro-crypto speech, Balchunas and Seyffart upped their approval chances to 75%, calling the move political and probably prompted by US President Joe Biden. Van Eck Head of Digital Assets Matthew Sigel thinks that return across staking protocols will increase when ETH exits the ecosystem into ETFs. This may potentially affect Ethereum ecosystem security. Some experts expect spot ETH ETF inflows will be minimal compared to Bitcoin since investors won't want to lose out on staking rewards. CCData recently examined this view: "Hypothetically, if you had opened a 1000 ETH position on January 1st, 2023 with an ETF provider, instead of holding native Ether, which accrues staking rewards, you would have missed out on gains of over $200,000." #ETHETFS #altcoins #ETH #BTC $ETH
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Pundit predicts Dogwifhat will reach $10 amid short liquidations Unipcs (Bonk Guy), a crypto trader and analyst, remains enthusiastic on Dogwifhat. He said this when detailing short traders' losses because to meme coin bearishness. Dogwifhat Reaching $10 Unipcs said on X (previously Twitter) that Dogwifhat is “headed to $10” and will never dip below $1 again. As the market is in a meme coin supercycle, he feels the currency may rise. The crypto trader stated WIF shorts were “getting squeezed hard” and this is “way it should be.” Apart from Dogwifhat, Unipcs is optimistic on meme currencies. He was known for buying Bonk, another Solana-based meme currency, with $16,000 in October 2023 and still holding when he last updated the transaction. According to his update, his unrealized profit reached $13.7 million. Considering meme coins are one of the main themes in this bull run, Unipcs's bullishness is hardly unexpected. With YTD increases of nearly 1,800% and 1,000%, meme currencies Dogwifhat and Pepe (PEPE) are this year's best-performing top 50 coins by market cap. UNIPCS isn't the only one that thinks WIF might reach $10. Another crypto trader, ‘Free’, has repeatedly said the meme currency would reach that price. Crypto analyst Bluntz Capital is also positive on Dogwifhat, predicting that it would surpass PEPE and Shiba Inu (SHIB) as the second-largest meme currency by market valuation. He predicts a “meme wipeout,” which may be worse than expected. He said it would “catch a ton of people off guard.” He said he will become a meme coin bull when the timing is perfect, but not now. WIF had risen dramatically, as he correctly anticipated in a previous market report. He predicted the meme currency will reach $3.8 before falling to $1.6. He said in a recent video that he won't short Dogwifhat even at $3.8. To confirm his pessimistic forecasts, he would wait for the meme currency to reach $4 highs. CoinMarketCap shows Dogwifhat trading at $3, up over 6% in 24 hours. #WIF #DogWifhat #altcoins #buythedip $WIF
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Ethereum recovers to $3,800, SEC likely to approve ETFs despite Gensler's silence Ethereum ETFs are likely to be authorized as US politicians press SEC Chair to approve. When asked to preview the ETH ETF decision on Thursday, SEC Chair declined to comment. SEC approval of spot ETH ETF applications may boost Ethereum more than Bitcoin. On Monday, the SEC requested revised issuer 19b-4 forms from exchanges. Exchanges submitted all application forms except Hashdex by Wednesday. BlackRock, Bitwise, Grayscale, Van Eck, Ark 21Shares, Fidelity, Franklin, and Invesco have filed updated 19b-4s. NASDAQ and NYSE send 19b-4 filings to the SEC to list new items on their trading platforms. ETF S-1s are the first registration paperwork that describe how a fund will be managed and monitor its price. Before ETFs start, the SEC must approve 19b-4s and S-1s. Experts and issuers' involvement with the SEC indicate the agency will likely allow 19b-4 filings, but nothing is assured until the order is issued. SEC clearance of spot ETH ETF S-1 petitions may take days or weeks, according to industry analysts. After falling from $3,952, Ethereum is now at $3,818. The modest fall halted an attempt to break $4,093 resistance from March 11. The $3,730 support held up throughout the dip. The unexpected drop was likely triggered by MEV trading company Symbolic Capital Partners selling 6,968 ETH worth $27.38 million. After the quick drop, ETH long and short liquidations are practically equal at $31.22 million and $31.21 million. Ethereum may break resistance and reach $4,878 if the SEC permits spot ETH ETFs. Bernstein analysts expect ETH to rise 75% to $6,600 as Bitcoin did when the SEC authorized the spot ETF. Since ETH has a lower market value than Bitcoin and the market has not yet priced in an approval, many thought it would rise higher. A surprising rejection might send ETH's price plummeting and breach $2,852 support. #ETHETFS #BTC #ETH #altcoins $ETH
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The Binance token is 10% from a new all-time high—should you buy? Today, the BNB price fell 1.5% to $610.69, remaining 10% below its all-time high of $686. BNB achieved this record high in May 2021, but with Ethereum ETF prospects boosting the market, it might set a new high in the coming days. The alt is up 5% in a week and 95% in a year, and Binance is the largest crypto-exchange by volume, so demand is certain to continue. ETH ETF approvals today might spark another rise for BNB, and rate cuts could push it much higher by 2024. Today's decrease may disappoint traders who anticipated the gains of the last two days to continue, but it puts them in a strong position to purchase BNB at a discount before it may return today and over the weekend. A relative strength indicator (purple) below 50 this morning suggests the market is overselling BNB, indicating a cheap price. Chart for BNB. From TradingView BNB's 30-day moving average (orange) is falling toward the 200-day (blue), indicating weakening. Since it had recently crossed above the longer-term average, it may rise again soon since the currency looks to be in a medium-term growth phase. BNB's 24-hour trading volume, at $1 billion, is double from two days before, which is positive. This means that traders will rush in to purchase the token's decline, which will be minimal. As said, the market awaits the SEC's judgment on multiple spot-based Ethereum ETF applications. Many anticipate the SEC to approve the ETFs filed by VanEck and ARK Investments/21Shares. If so, BNB and other major alts will rise, including ETH. As the largest cryptocurrency exchange, Binance will profit from rising demand. While Binance faces regulatory obstacles in Nigeria and abroad, its position remains solid. The currency may hit $650 in the coming weeks as BNB prices rise. #BinanceLaunchpool #BNB #altcoins #buythedip $BNB
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💰💰💰💰ETH purchasing may rise 60% with ETF approval💰💰💰💰💰 The U.S. approval of spot ether ETFs might boost the token's value, similar to bitcoin ETFs. Bitcoin rose to over $73,000 from $42,000 in the two weeks after the ETF started trading on Jan. 11 "With Friday implied volatility above 100%, the market is expecting fireworks," warned QCP. The DTCC listed VanEck's ETF. We believe clearance is imminent, with trade anticipated next week.” Implied volatility quantifies the market's prediction of financial instrument price changes. On-chain analytics company CryptoQuant said Wednesday that centralized and blockchain-based crypto exchanges saw more buying. Holders acquired over 100,000 ETH in spot exchanges on Tuesday, the largest day volume since September 2023, as word of a positive ruling spread and experts raised probabilities to above 75% from 25%. Wednesday saw the greatest daily ether influx since September at 100,000. (CryptoQuant) Open interest on ether-tracked futures reached a record $14 billion. That's 67% of bitcoin open interest on Wednesday, extraordinarily high. The Chicago Mercantile Exchange, preferred by institutions, saw ether futures trade a record $2.85 billion on Tuesday, according to a spokeswoman. Ether options exchanged a record 1,135 contracts ($216 million). CryptoQuant said that traders are now exposed to ETH more than Bitcoin. "The largest daily spot buying from ETH permanent holders so far in 2024." It claimed investors contributed 62,000 ETH to exchanges, the largest since early March, which might affect ether prices. “High exchange flows usually cause price volatility.” The firm's analysts predicted a “significant price correction” if the ETF proposal is rejected. Six issuers, including BlackRock, amended their ether ETF proposals this week before a decision today. All dropped plans to stake the token, suggesting a regulatory issue. Staking involves locking a coin for a specific time to sustain a blockchain for a payout. Crypto traders consider these awards passive income. #ETHETFS #altcoins #BTC #ETH $ETH
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Bitcoin(BTC) Surpasses 68,000 USDT with a Narrowed 2.12% Decrease in 24 Hours
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VanEck Submits Revised Application for Ethereum Spot ETF
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Grayscale Submits Revised Form 19B-4 For Its Mini Ethereum Trust Fund
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Cryptocurrency Market Witnesses Liquidation Worth $231 Million in 24 Hours
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