🧙‍♂️#Argentina and #ElSalvador are in talks over a potenti

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🧙‍♂️#Argentina and #ElSalvador are in talks over a potential agreement on #Bitcoin adoption and digital assets cooperation. $BTC

🧙‍♂️#Argentina  and #ElSalvador   are in talks over a potential agreement on #Bitcoin   adoption and digital assets cooperation.
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🧙‍♂️ #JPMorgan : “We do not think the #SEC will go any further by approving Solana or other token #ETFs .” $BTC $ETH

What do analysts expect for Ethereum ETFs? Arthur Cheong, founder of DeFiance Capital, said Ethereum will rise before trading of spot Ethereum ETFs goes live. Arthur Cheong predicts #Ethereum (ETH) will reach $4,500 before spot Ethereum exchange-traded funds (ETFs) trading begins. This optimistic outlook is supported by growing expectations in the crypto community regarding the potential impact of spot ETH ETFs on the market. A survey conducted by WuBlockchain within the Chinese crypto community reveals strong belief in Ethereum's bullish potential. 58% of survey respondents say they are confident ETH can rise to $10,000 or above during this market cycle. This sentiment underscores widespread optimism and high expectations for Ethereum's future performance. Ethereum is currently trading at around $3,940, and spot #ETH ETFs have generated significant interest among investors. The approval of these ETFs by the US Securities and Exchange Commission (SEC) is seen as a major milestone that could attract significant institutional investments and further increase the price of ETH. Arthur Cheong's prediction also coincides with the views of other market analysts who see strong potential for Ethereum in the near term. The expected approval and subsequent start of trading of spot ETH #ETFs is expected to increase liquidity and institutional participation, which could positively impact the price of Ethereum. The broader cryptocurrency market has witnessed increased interest and inflows, particularly following the approval of spot Bitcoin ETFs earlier this year. This set the stage for similar enthusiasm around Ethereum ETFs, contributing to the current bullish sentiment. Ethereum, which started the new week with an upward trend, experienced an increase of nearly 4 percent in the last 24 hours. It is possible to say that the rise may become even stronger, especially after the $ 4,000 level is crossed. $ETH

🧙‍♂️ According to #Arkham data, #Donald Trump's crypto wallet reached a value of $ 10 million. $BTC $USDC

🧙‍♂️Top 10 most profitable memecoins on Ethereum Blockchain according to 30-day increase:

Ethereum meme coins PEPE and MOG are racing to new records. Two Ethereum ecosystem tokens soared to record highs last week with the approval of Ether (ETH) exchange-traded fund (ETF) applications in the US. Frog-themed PEPE and cat-themed MOG are up 11% and 45% respectively in the last 24 hours. PEPE's trading volumes in spot and futures transactions normally ranged between 400 million and 600 million dollars, but rose to over 1.8 billion dollars following the developments. The gains came as Ether rose nearly 5 percent in the same period. Ether led the rise among major tokens as Bitcoin (BTC) lost 1 percent in value. CoinDesk 20 Index (CD20) lost 0.3% in the same period. Futures data shows #PEPE and #MOG open interest has increased over the last 24 hours. PEPE open positions increased from $550 million recorded last week to $720 million, while for MOG this figure increased from $5 million to $8.3 million. An increase in open positions usually indicates new money entering the market, which can be a sign of volatility. However, according to data from Coinalyze, the long-short position ratio for PEPE appears to be in favor of the bears with 54%. This shows that traders opened short positions against the price increase. As CoinDesk reported last week, traders see PEPE and MOG as a leveraged way to gain exposure to Ether. The tokens' rally began as analysts raised their expectations for trading confirmation of #Ether ETFs. PEPE approaches the top 20 tokens with a market cap of over $6 billion, earning some early investors millions of dollars with an initial purchase of just $460. Since 2023, meme tokens, which are generally considered to have no real value but still have massive followings, have continued to stand out no matter what ecosystem they are in recently. $PEPE $ETH

Legfrissebb hírek

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