🏦 TD Bank releases commercial explaining the #Bitcoin halving and promotes spot Bitcoin ETFs after | TopCryptoNews на Binance Square

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🏦 TD Bank releases commercial explaining the #Bitcoin halving and promotes spot Bitcoin ETFs after 

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🔥 VanEck CEO Says Bitcoin Correction Is Normal, Outlines Two Bullish Catalysts for BTC The chief executive of the financial giant VanEck is remaining bullish on Bitcoin (BTC) and says its recent correction into the $50,000 range is not surprising. In a new interview on CNBC Television, VanEck CEO Jan van Eck says that Bitcoin’s double-digit correction has historical precedence in prior bull market cycles. He believes Bitcoin’s decline this month was caused by the German government selling Bitcoin it confiscated earlier this year and the defunct crypto exchange Mt. Gox settling with creditors. But he says the strong performance of spot Bitcoin exchange-traded funds (ETFs) plus the likelihood of the Fed cutting rates before the year’s end are reasons to still be bullish. “It’s like fuel for Bitcoin and gold investors, the Fed easing. So it’s super bullish. Bitcoin got some selling from the German government, there was the Mt. Gox selling – short-term stuff. But we’ve seen only a 20% correction in the Bitcoin price, and that’s kind of normal in a bull market. At VanEck, we like to say we’re hodling, which is holding on for dear life. So we’re long-term investors, and all the [spot BTC] ETFs pretty much have seen inflows, including last month, when the price was down 10%. So it’s a drip from retail investors.” Bitcoin is trading for $58,079 at time of writing, up slightly in the last 24 hours. $BTC #BTC #Bitcoin

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📣 ETF Negotiations Started for a Surprise Altcoin After Solana (SOL)! The process, which started with the approval of the spot Bitcoin ETF in January, continues with the approval of the Ethereum ETF. Now, while the SEC is expected to approve S-1 filings for spot ETH ETFs to open for trading, VanEck and 21 Shares have filed for spot Solana ETF. While popular altcoins such as Solana (SOL), XRP and Liteceoin (LTC) are being discussed among the altcoin candidates that can receive ETF approval after Bitcoin and Ethereum ETFs, negotiations have begun for a surprise altcoin. At this point, ETC Grants DAO, a non-profit, decentralized autonomous organization dedicated to supporting the Ethereum Classic (ETC) ecosystem, announced that they are in talks with VanEck to explore the possibility of an Ethereum Classic ETF. Sharing from account X, ETC Grants DAO said that it is currently in talks with VanEck about the possibility of launching an ETC ETF/ETN. However, DAO noted that it may take some time to reach the ETC ETF target. 💬 ETC Grants DAO is currently in discussions with VanEck regarding the potential launch and feasibility of the Ethereum Classic (ETC) ETF/ETN. This long-term goal may take time, but stay tuned for updates on this promising development.” ETC, which ranks 26th in the CoinMarketCap rankings by market value, continues to trade at $ 20.9. 💬 Exciting news! The ETC Grants DAO is currently in discussions with VanEck regarding the potential launch of an Ethereum Classic (ETC) ETF/ETN and its feasibility. This long-term goal may take time, but stay tuned for updates on this promising development ! $SOL #SOL

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📊 Will XRP Coin Rise? Here why XRP Coin Price Target Too Bitcoin price surpassed $58,400 after the German government depleted its reserves with recent sales. Will it be permanent? It’s hard to predict, but XRP Coin is signaling strongly after four years. The movement, which excites investors waiting for a comeback for years. 🔸 Will XRP Coin Rise? At the time of writing, the most profitable altcoin among popular altcoins was XRP Coin. Unusually, the price solidified the $0.46 support and reached $0.47, continuing the day with an approximate 5% increase. After reaching the lowest level in four years, XRP is signaling a comeback in the Bitcoin pair. In other words, the losses against BTC that have continued for years may now trigger a significant 30% rise. What gives investors this motivation is the triple bottom formation. This formation indicates strong support after three different bottoms, and a quick turnaround is expected from here. After the third bottom, the price escapes from the neckline formed between the other bottom levels, which is this resistance. Ultimately, the price is expected to increase by the distance between the lowest point of the formation and the neckline. 🔸 XRP Coin Price Target At the time of writing, XRP Coin needs to surpass the 793 satoshi level for a breakout in the BTC pair. The weekly RSI is at 36, indicating that XRP’s value in the BTC pair is low. If the key threshold can be surpassed, we could see a new move to the 0.00000001055 BTC level, as this is the formation target. In the opposite scenario, if things go terribly, a 15% drop to the 664 satoshi level, or the local bottom, could be seen. BTC, which has already seen a 20% drop, has given the battered XRP Coin bulls such an opportunity, and time will tell if they will succeed. Throughout the year, XRP Coin has been one of the worst-performing assets by market value. Since January, it has dropped 26.5% and generally performed very weakly compared to its competitors in terms of market value throughout the year. $XRP #XRP

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⭐️ Why Litecoin Is Popping Off This Week Litecoin is trading higher some 12.3% over the trailing week.Several altcoins are gaining Friday, mirroring Bitcoin's roughly 2% session increase. Litecoin LTC/USD+0.94%+ Free Alerts is trading higher some 12.3% to $69.10 over the trailing week amid recent, broader crypto sector strength. Several altcoins are gaining Friday, mirroring Bitcoin’s roughly 2% session increase. The surge comes after Thursday’s significant net inflow of nearly $79 million into Bitcoin spot ETFs, which has sparked a broader rally in the cryptocurrency market and sustained five days of upward momentum. The inflow into Bitcoin ETFs reflects increased confidence from institutional investors. This confidence can bolster the market’s overall outlook, encouraging retail and other institutional investors to diversify their investments into other cryptocurrencies, including Litecoin. Litecoin is also known for its strong community support. During periods of broader market rallies, Litecoin often attracts investors looking for well-established altcoins. 🔸 What's Going On With Crypto Friday? Overall, $1.31 billion worth of value was traded in U.S. spot bitcoin funds on July 11. Despite the recent inflows, trading volumes remain significantly lower than in March, when they exceeded $8 billion on several days. U.S. issuers are still awaiting approval from the Securities and Exchange Commission for their latest amended registration statements for spot Ethereum ETFs $LTC #LTC

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📈 Buy signal for two strong cryptocurrencies this week The global cryptocurrency market cap today is $2.25 trillion, reflecting a 0.2% increase in the last 24 hours. This decline in sentiment is largely due to Bitcoin’s recent struggles to break above the $60,000 mark. 🔸 MANTRA (#OM ) MANTRA (OM) is showing strong buy signals based on its RSI values and other technical indicators. The RSI values across various timeframes for OM are impressive, with a 15-minute RSI of 48.11, a 1-hour RSI of 50.06, and a 4-hour RSI of 60.68, suggesting growing buying interest. The more significant 12-hour RSI of 67.25 and 24-hour RSI of 64.76 indicates a robust upward momentum. The weekly RSI of 80.98 underscores the sustained buying pressure. Despite a 24-hour price drop of 2.89%, this decline can be seen as a buying opportunity, as the overall RSI trend remains positive. Beyond RSI, other technical indicators also point to a bullish outlook for OM. The Moving Average Convergence Divergence (MACD) indicator shows a bullish crossover, suggesting that the price trend is upward. The Exponential Moving Averages (EMAs) on various timeframes, such as the 10-day and 50-day EMAs, indicate a strong buy signal, reinforcing the potential for an upward price movement. Additionally, the Commodity Channel Index (CCI) and Average Directional Index (ADX) also suggest a bullish trend, supporting the positive outlook for OM. 🔸 Horizen (#ZEN ) Horizen (ZEN) also shows strong buy signals based on its technical indicators. The short-term RSI values, such as the 15-minute RSI of 34.98 and the 1-hour RSI of 32.02, indicate that ZEN is currently oversold, suggesting a possible rebound. The 4-hour RSI of 46.65 and 12-hour RSI of 60.7 highlights increasing buying interest. The 24-hour RSI of 61.4 and the weekly RSI of 52.5 further confirm a steady buying trend. Although ZEN experienced a 5.82% price drop in the last 24 hours, the RSI values indicate a likely recovery. $OM $ZEN

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