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📢Big moves in the cryptocurrency ETF world!📊 Yesterday, Bitcoin spot ETFs saw a remarkable $73 million inflow, with Grayscale Bitcoin Trust (GBTC) recording a significant single-day outflow of little over $27 million. In contrast, BlackRock’s Bitcoin ETF (IBIT) saw a robust $82.5 million inflow, while ARKB, the joint venture of Ark Invest and 21Shares, reported a nearly $43 million inflow. These ETF movements come post the 2023 court reversal recognizing Bitcoin as a commodity. However, other tokens face scrutiny, potentially as unregistered securities under the SEC, which is also monitoring Solana closely. Meanwhile, the US government recently transferred 3,940 Bitcoin to Coinbase Prime from its holdings of approximately 214,000 Bitcoin, valued at over $13 billion. The cryptocurrency landscape is evolving rapidly—stay informed! 📈💫 🔍Crypto Scouts news team $BTC $SOL #cryptonews #BinanceTournament

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🚀 Ethereum Watch: Potential Breakout Ahead 🌟 Our team's observation shows Ethereum is currently consolidating within a falling wedge pattern, hinting at a possible major move. While a breakout above resistance hasn't happened yet, if it occurs, it could trigger substantial interest in memecoins linked to Ethereum and Bitcoin. Falling wedge patterns are typically bullish, suggesting potential upward momentum. A breakthrough in Ethereum's price could fuel growth not only for ETH but also for memecoins such as Dogecoin, Shiba Inu, and other Ethereum-based tokens known for their correlation with leading cryptocurrencies. Here’s our team's take: Technical Analysis: Ethereum is in a critical consolidation phase. A breakout above the upper wedge boundary could spark significant buying activity. Impact on Memecoins: Memecoins like Dogecoin and Shiba Inu often track major cryptocurrencies closely. An uptrend in ETH could attract investors to these tokens, potentially boosting trading volumes and prices. Investment Outlook: Investors monitoring ETH should consider potential long positions. Tracking resistance levels and trading volumes will be key for strategic market entry. In conclusion, Ethereum stands at a pivotal juncture. A breakout from the falling wedge pattern could signal notable market shifts ahead. Stay tuned as our team continues to monitor developments for potential opportunities📈 🔍Crypto Scouts analytics team $ETH #ETHETFsApproved #altcoins #BTC☀ #ETH🔥🔥🔥🔥 #BinanceTournament

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📢SEC Delays Ethereum ETF Launch📊 🚀 The launch of spot Ethereum ETFs has been postponed as the SEC requested revisions on the S-1 forms, initially expected by July 2. Issuers now need to address the SEC's comments and resubmit by July 8, potentially pushing the launch to mid-July or later. ⏳ Despite predictions of a 14-21 day approval window, the exact timeline remains uncertain. 🤔 SEC Chair Gary Gensler mentioned that approvals could occur this summer and stated the process is "going smoothly." 🌞 Major issuers like BlackRock, Fidelity, and others are preparing for listings, with their timelines dependent on how quickly they respond to the SEC's requests📈 🔍Crypto Scouts news team $ETH #ETHETFsApproved #BinanceTournament #Altcoins👀🚀 #ETH🔥🔥🔥🔥

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📢$BTC Update:( 29 June)📊 The upcoming move will be determined in the next few hours. 🕒 Our last line of defense is the robust horizontal support at the current level. 🛡 If this support is breached, we might witness a considerable decline, possibly down to the 54.000 - 56.000 range 📉, which would signify a major bearish trend🐻 Conversely, a breakout above the existing downtrend appears more likely. 📈 Should this happen, we could see a retest of the 64.000 - 66.000 levels, suggesting a bullish reversal 🐂 and the potential for continued upward momentum🚀 Stay tuned for more updates as we keep a close watch on the developments👀 🔍Crypto Scouts analytics team #BTC☀ #Bitcoin❗ #BinanceTournament #ANALYSIS

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📢$ORDI : 4-Hour Time Frame Technical Analysis📊 In recent market movements, we've observed a significant break from the previous uptrend 📉. This was followed by a retest, a subsequent decline, and a notable break of structure on the downside. Our team is monitoring these developments closely 👀, particularly the potential formation of a double bottom, which may have involved a liquidity grab at lower levels 🏦 At this stage, we will only confirm short positions if the price moves below the identified horizontal rectangle. Should the market instead move towards another retest of the trend, we will reassess and potentially initiate short positions from there 📌 Our approach remains cautious and strategic ⚖️, aiming to capitalize on clear market signals while mitigating risk 🚀 🔍Crypto Scouts analytics team #ordi #altcoins #ANALYSIS #BinanceTournament

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