EthereumEFT
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#Solana races past #EthereumEFT in #NFTâ trading! But what's happening with $SOL ?
In a massive boost for the network, Solana's daily unique active wallets surged by 111%, hitting 2.49 million. DApp volumes are also seeing serious gains, up 87% in just 24 hours, thanks to the rising activity on the Tensor NFT marketplace.
With Solana reaching $83 million in DApp volumes, it leads the top five layer 1 blockchains, while Ethereum saw a 30% dip during the same period. Yet, ETH still holds the crown in DApp volumes at $4.56 billion.
Meanwhile, Solana's user numbers are spiking too, with transactions up 15%, hitting over 11 million. Could Solana's momentum keep up?
$SOL $ETH
In a massive boost for the network, Solana's daily unique active wallets surged by 111%, hitting 2.49 million. DApp volumes are also seeing serious gains, up 87% in just 24 hours, thanks to the rising activity on the Tensor NFT marketplace.
With Solana reaching $83 million in DApp volumes, it leads the top five layer 1 blockchains, while Ethereum saw a 30% dip during the same period. Yet, ETH still holds the crown in DApp volumes at $4.56 billion.
Meanwhile, Solana's user numbers are spiking too, with transactions up 15%, hitting over 11 million. Could Solana's momentum keep up?
$SOL $ETH
$Ethereum Surges as U.S. ETF Speculation Grows
In the ever-evolving world of cryptocurrencies, Ethereum has recently experienced a significant surge in value. This surge is largely attributed to speculation surrounding the outcome of U.S. spot exchange-traded fund (ETF) applications for the world's second-largest cryptocurrency. As investors eagerly await regulatory decisions, Ethereum's price has seen a remarkable two-day increase, with potential implications for the broader crypto market.
Key Points:
1. Ethereum's Impressive Rally: Over the past two days, Ethereum has witnessed a surge of over 8%, reaching nearly $3,780. This follows a substantial 14% jump in value on the previous day.
2. U.S. ETF Speculation: The surge in Ethereum's price is primarily driven by speculation surrounding the approval of U.S. ETF applications for the cryptocurrency. Investors are closely monitoring regulatory decisions, which could have a significant impact on Ethereum's future.
3. Bitcoin's Gains: Bitcoin, the largest cryptocurrency by market value, has also experienced gains, currently standing just 4% below its March peak of over $73,800. The positive momentum in the crypto market extends beyond Ethereum alone.
Implications:
1. Market Confidence: The growing interest in Ethereum and Bitcoin suggests a renewed confidence in the crypto market, as investors anticipate potential regulatory developments.
2. ETF Approval Impact: If U.S. ETF applications for Ethereum are approved, it could lead to increased institutional adoption and further mainstream acceptance of cryptocurrencies.
3. Market Volatility: As with any investment, the crypto market remains volatile. Investors should exercise caution and conduct thorough research before making any financial decisions.
$ETH
#EthereumEFT
#ETHđ„đ„đ„đ„
In the ever-evolving world of cryptocurrencies, Ethereum has recently experienced a significant surge in value. This surge is largely attributed to speculation surrounding the outcome of U.S. spot exchange-traded fund (ETF) applications for the world's second-largest cryptocurrency. As investors eagerly await regulatory decisions, Ethereum's price has seen a remarkable two-day increase, with potential implications for the broader crypto market.
Key Points:
1. Ethereum's Impressive Rally: Over the past two days, Ethereum has witnessed a surge of over 8%, reaching nearly $3,780. This follows a substantial 14% jump in value on the previous day.
2. U.S. ETF Speculation: The surge in Ethereum's price is primarily driven by speculation surrounding the approval of U.S. ETF applications for the cryptocurrency. Investors are closely monitoring regulatory decisions, which could have a significant impact on Ethereum's future.
3. Bitcoin's Gains: Bitcoin, the largest cryptocurrency by market value, has also experienced gains, currently standing just 4% below its March peak of over $73,800. The positive momentum in the crypto market extends beyond Ethereum alone.
Implications:
1. Market Confidence: The growing interest in Ethereum and Bitcoin suggests a renewed confidence in the crypto market, as investors anticipate potential regulatory developments.
2. ETF Approval Impact: If U.S. ETF applications for Ethereum are approved, it could lead to increased institutional adoption and further mainstream acceptance of cryptocurrencies.
3. Market Volatility: As with any investment, the crypto market remains volatile. Investors should exercise caution and conduct thorough research before making any financial decisions.
$ETH
#EthereumEFT
#ETHđ„đ„đ„đ„
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#2.
Grayscale withdraws Ether futures ETF application
Grayscale has withdrawn its 19b-4 application for the Ether futures exchange-traded fund just three weeks before the U.S. Securities and Exchange Commission decided on it. On May 7, the crypto asset manager filed a withdrawal notice for the Grayscale Ethereum Futures Trust with the SEC, which is expected to issue a decision on May 30. Traders poured Ether short bucket after announcement . Analysts believe that the futures ETF application is a âtrojan horseâ to corner the agency into approving its spot Ether ETF proposal. As May 23 approaches, analysts are growing more skeptical about the SEC's approval of spot #EthereumEFT .
Grayscale withdraws Ether futures ETF application
Grayscale has withdrawn its 19b-4 application for the Ether futures exchange-traded fund just three weeks before the U.S. Securities and Exchange Commission decided on it. On May 7, the crypto asset manager filed a withdrawal notice for the Grayscale Ethereum Futures Trust with the SEC, which is expected to issue a decision on May 30. Traders poured Ether short bucket after announcement . Analysts believe that the futures ETF application is a âtrojan horseâ to corner the agency into approving its spot Ether ETF proposal. As May 23 approaches, analysts are growing more skeptical about the SEC's approval of spot #EthereumEFT .
WisdomTree Receives FCA Approval to List Bitcoin and Ether ETPs on LSE
WisdomTree has secured FCA approval to list Bitcoin and Ethereum ETPs on the LSE, marking a major milestone and expanding institutional crypto investment opportunities.
WisdomTree, a prominent global fund manager, has made significant strides in the cryptocurrency investment space. The firm has announced that it has agreed to list Bitcoin and Ethereum exchange-traded products (ETPs) on the London Stock Exchange (LSE) in the U.K.
Approved by the Financial Conduct Authority (FCA). The move marks an important moment for institutional investors in the U.K. I want to gain exposure to the crypto market through regulated channels.
WisdomTree Pioneers Crypto ETP Listing on LSE
In a recent announcement, WisdomTree unveiled its plans to introduce physically backed Bitcoin (BTCW) and Ethereum (ETHW) ETPs on the London Stock Exchange (LSE), following FCA approval. The firm has emphasized its distinction as one of the first issuers to receive FCA approval for crypto-ETPs.
This marks a significant milestone for the wider industry, let alone the fund manager. Notably, these Bitcoin and Ether ETPs will be available for trading on May 28, initially catering to professional investors.
Meanwhile, WisdomTreeâs Bitcoin and Ethereum ETPs boast a management expense ratio (MER) of just 0.35%. This positions them as competitively priced options for institutional-grade exposure to these leading cryptocurrencies.
Alexis Marinof, head of Europe at WisdomTree, hailed the FCAâs approval as an important moment for UK-based investors. In addition, he noted that this could pave the way for wider institutional adoption of crypto-assets.
Expanding Crypto Investment Opportunities
WisdomTreeâs foray into the cryptocurrency market dates back to 2019 when it introduced the WisdomTree Physical Bitcoin ETP, the first traditional ETP issuer to offer such exposure to European investors.
Since then, the firm has expanded its crypto ETP lineup to include a diverse range of offerings, giving investors access to single coins like Bitcoin and Ethereum, as well as diverse crypto baskets. has gone
Additionally, with its ETPs already listed on several European exchanges including Deutsche Börse Xetra, SIX Swiss Exchange, and Euronext Paris and Amsterdam, WisdomTree has played a significant role in democratizing crypto investing across the continent.
The availability of these ETPs in multiple European countries underscores WisdomTreeâs commitment to providing accessible and regulated avenues for crypto investment.
Meanwhile, the news comes amid growing optimism in the US about the possible approval of the Spot Ethereum ETF by the US SEC in the coming days. Given the recent buzz, Ethereum price also noted significant gains, trading above the $3,700 mark.
#London #StockExhange #EthereumEFT $BTC
WisdomTree, a prominent global fund manager, has made significant strides in the cryptocurrency investment space. The firm has announced that it has agreed to list Bitcoin and Ethereum exchange-traded products (ETPs) on the London Stock Exchange (LSE) in the U.K.
Approved by the Financial Conduct Authority (FCA). The move marks an important moment for institutional investors in the U.K. I want to gain exposure to the crypto market through regulated channels.
WisdomTree Pioneers Crypto ETP Listing on LSE
In a recent announcement, WisdomTree unveiled its plans to introduce physically backed Bitcoin (BTCW) and Ethereum (ETHW) ETPs on the London Stock Exchange (LSE), following FCA approval. The firm has emphasized its distinction as one of the first issuers to receive FCA approval for crypto-ETPs.
This marks a significant milestone for the wider industry, let alone the fund manager. Notably, these Bitcoin and Ether ETPs will be available for trading on May 28, initially catering to professional investors.
Meanwhile, WisdomTreeâs Bitcoin and Ethereum ETPs boast a management expense ratio (MER) of just 0.35%. This positions them as competitively priced options for institutional-grade exposure to these leading cryptocurrencies.
Alexis Marinof, head of Europe at WisdomTree, hailed the FCAâs approval as an important moment for UK-based investors. In addition, he noted that this could pave the way for wider institutional adoption of crypto-assets.
Expanding Crypto Investment Opportunities
WisdomTreeâs foray into the cryptocurrency market dates back to 2019 when it introduced the WisdomTree Physical Bitcoin ETP, the first traditional ETP issuer to offer such exposure to European investors.
Since then, the firm has expanded its crypto ETP lineup to include a diverse range of offerings, giving investors access to single coins like Bitcoin and Ethereum, as well as diverse crypto baskets. has gone
Additionally, with its ETPs already listed on several European exchanges including Deutsche Börse Xetra, SIX Swiss Exchange, and Euronext Paris and Amsterdam, WisdomTree has played a significant role in democratizing crypto investing across the continent.
The availability of these ETPs in multiple European countries underscores WisdomTreeâs commitment to providing accessible and regulated avenues for crypto investment.
Meanwhile, the news comes amid growing optimism in the US about the possible approval of the Spot Ethereum ETF by the US SEC in the coming days. Given the recent buzz, Ethereum price also noted significant gains, trading above the $3,700 mark.
#London #StockExhange #EthereumEFT $BTC
My only concern with ALTS is strong correlation with $ETH . If ETH ETF is not approved which most likely wont. we will see some quick wicks down.
#EthereumEFT
#EthereumEFT
"Exciting News Alert: Terra Luna Classic (LUNC) and USTC Tokens Receive Major Boost!
Attention all crypto enthusiasts! Get ready for a game-changing development in the Terra Luna Classic ecosystem. In a surprising turn of events, LUNC and USTC tokens have been removed from the Luna Foundation Guard's circulating supply, igniting a frenzy in the market.
Witness the remarkable surge in prices as over 1.85 billion USTC and 222 million LUNC tokens were taken out of the Luna Foundation Guard's wallet address. This move, coming after almost two years of dormancy, has sent shockwaves through the crypto space.
Experience the thrill of the moment as LUNC prices skyrocketed over 10% and USTC prices surged by a staggering 18% within just a few hours. While gains were pared back slightly, the excitement continues to linger in the air.
Don't miss out on this golden opportunity to ride the wave of momentum and potentially reap substantial rewards. Keep your eyes peeled on the Terra Luna Classic ecosystem as it charts a course towards new heights of success.
Join the conversation and be part of this exhilarating journey! #Bitcoin #EthereumEFT #BinanceLaunchpool LUNC #USTC #TerraClassic $LUNC $USTC $LUNA" #
Attention all crypto enthusiasts! Get ready for a game-changing development in the Terra Luna Classic ecosystem. In a surprising turn of events, LUNC and USTC tokens have been removed from the Luna Foundation Guard's circulating supply, igniting a frenzy in the market.
Witness the remarkable surge in prices as over 1.85 billion USTC and 222 million LUNC tokens were taken out of the Luna Foundation Guard's wallet address. This move, coming after almost two years of dormancy, has sent shockwaves through the crypto space.
Experience the thrill of the moment as LUNC prices skyrocketed over 10% and USTC prices surged by a staggering 18% within just a few hours. While gains were pared back slightly, the excitement continues to linger in the air.
Don't miss out on this golden opportunity to ride the wave of momentum and potentially reap substantial rewards. Keep your eyes peeled on the Terra Luna Classic ecosystem as it charts a course towards new heights of success.
Join the conversation and be part of this exhilarating journey! #Bitcoin #EthereumEFT #BinanceLaunchpool LUNC #USTC #TerraClassic $LUNC $USTC $LUNA" #
Peoples were saying to me $ETH will not make big moves.
I always confidence #ETH has its own ecosystem needs little bit of push.
Still #ETHETFS is on its way for moon shot.
Prepare for 10k anon.
#EthereumEFT #ETH_Market_Update #pizzaday
I always confidence #ETH has its own ecosystem needs little bit of push.
Still #ETHETFS is on its way for moon shot.
Prepare for 10k anon.
#EthereumEFT #ETH_Market_Update #pizzaday
$30,000 financial aid from the Ethereum Foundation to idea makers.
#EthereumPower Did you know that you can receive up to 30,000 dollars in financial aid by proposing an idea that is beneficial to Ethereum and is not repetitive? Of course, for those who individually and privately present an idea for the development and progress of Ethereum, 30 thousand dollars is considered, while organizations and companies can receive up to millions of dollars in cash assistance to implement their desired project related to Ethereum. Just visit the Ethereum main site to learn more
Even if #EthereumEFT are approved, they are just 19b-4s. #ETFs cant be listed until S-1s get approved which means the actual money inflow will happen after later approvals. Just sharing for info purposes đ
$ETH
$ETH
Bitcoin and Ethereum: On the Verge of a Supply Squeeze? Insights into the Declining Exchange Balances and Implications for Market Dynamics.
Recent data indicates a notable decline in the supply of Bitcoin (BTC) and Ethereum (ETH) on exchanges, hinting at a potential supply squeeze. With Bitcoin's exchange balances at 11.6% and Ethereum's at 10.6%, crypto whales appear to be accumulating these assets and moving them to self-custody.
Crypto analyst Ali Martinez- anticipates this trend could drive up the prices of Bitcoin and Ethereum, with preparations urged for significant market movements. The withdrawal of nearly 777,000 ETH ($3 billion) from exchanges following the approval of Spot Ethereum ETFs aligns with this expectation. These ETFs, predicted to launch by July, could trigger a bullish trend, although caution is advised due to potential selling pressure from Grayscale's Spot Ethereum ETF. (Source: NewsBTC)
Despite this warning, optimism persists regarding Ethereum's potential to reach new all-time highs swiftly, driven by its distinct dynamics and strong on-chain activity. These factors may mitigate the impact of selling pressure, propelling Ethereum to new highs.
In summary, the diminishing supply of Bitcoin and Ethereum on exchanges suggests an imminent supply squeeze, setting the stage for significant market movements, potentially fueled by the impending launch of Spot Ethereum ETFs. $BTC $ETH $BNB
#ETHETFsApproved #MicroStrategy #BTCâ #EthereumEFT #BNB_Market_Update
Recent data indicates a notable decline in the supply of Bitcoin (BTC) and Ethereum (ETH) on exchanges, hinting at a potential supply squeeze. With Bitcoin's exchange balances at 11.6% and Ethereum's at 10.6%, crypto whales appear to be accumulating these assets and moving them to self-custody.
Crypto analyst Ali Martinez- anticipates this trend could drive up the prices of Bitcoin and Ethereum, with preparations urged for significant market movements. The withdrawal of nearly 777,000 ETH ($3 billion) from exchanges following the approval of Spot Ethereum ETFs aligns with this expectation. These ETFs, predicted to launch by July, could trigger a bullish trend, although caution is advised due to potential selling pressure from Grayscale's Spot Ethereum ETF. (Source: NewsBTC)
Despite this warning, optimism persists regarding Ethereum's potential to reach new all-time highs swiftly, driven by its distinct dynamics and strong on-chain activity. These factors may mitigate the impact of selling pressure, propelling Ethereum to new highs.
In summary, the diminishing supply of Bitcoin and Ethereum on exchanges suggests an imminent supply squeeze, setting the stage for significant market movements, potentially fueled by the impending launch of Spot Ethereum ETFs. $BTC $ETH $BNB
#ETHETFsApproved #MicroStrategy #BTCâ #EthereumEFT #BNB_Market_Update
Ethereum ETF Approval Odds Soar! đ„đ
Big news for #EthereumEFT đ Approval odds for an ETH spot ETF jumped from 25% to 75% overnight, thanks to crypto voters and a key CoinDesk report! đ Ethereum surged 19% in one day, adding $70 billion to its market cap! đž
Will we see the first ETH spot ETF by May 31st? Stay tuned đ
$ETH
#ETHETFS #altcoins #BinanceLaunchpool #buythedip
Big news for #EthereumEFT đ Approval odds for an ETH spot ETF jumped from 25% to 75% overnight, thanks to crypto voters and a key CoinDesk report! đ Ethereum surged 19% in one day, adding $70 billion to its market cap! đž
Will we see the first ETH spot ETF by May 31st? Stay tuned đ
$ETH
#ETHETFS #altcoins #BinanceLaunchpool #buythedip
Insider Sources Talk About #EthereumEFT Spot ETFs Launch
While it remains a mystery when Ethereum Spot ETFs will come into force, a statement has been made from some confidential sources.
$ETH #etherreum #TrumpCrypto
While it remains a mystery when Ethereum Spot ETFs will come into force, a statement has been made from some confidential sources.
$ETH #etherreum #TrumpCrypto
#Xrpđ„đ„ P #Rippleđ° #memecoinđđđ in #EthereumEFT #TrumpCryptoSupport $XRP $BTC C $ETH
LIVE
CoinQuest
--
Bullish
Pepe Coin Price Soars: Trader Nets 867% Profit, PEPE Reaches New All-Time Highđ€Żđ„đ
Click to Get USDT Here đ°
Pepe Coin (PEPE) has surged to unprecedented levels, reaching a new all-time high. This milestone is part of a broader bullish trend in the cryptocurrency market, with PEPE achieving notable gains in both spot and futures trading. Notably, Pepe Coin has overtaken Polygon (MATIC) amid the price rally. Furthermore, a savvy trader has secured an 867% profit during this recent surge.
Smart Trader Reaps Massive Gains From PEPE Sale
A sharp-witted trader has made the most of the rising Pepe Coin price, transforming an initial $250,000 investment into an astounding $2.42 million. According to Lookonchain, a blockchain tracking platform, the trader bought 160.62 billion PEPE tokens on December 6 and 7, 2023. This strategic move paid off significantly when the trader sold all holdings for 644 ETH, valued at approximately $2.42 million, yielding a profit of around $2.17 million, which equates to an 867% return on investment (ROI).
In addition, the trader showed astute trading with investments in Pepe Coin derivatives. They invested $25,000 in 139,822 Pepe Coin futures on December 6, 2023. By selling a portionâ25,000 coinsâfor 30.27 ETH, equivalent to $113,000, the trader secured a considerable profit. The remaining 114,822 Pepe Coin futures are currently valued at $574,000, bringing the total profit on these positions to $663,000 and an exceptional ROI of 2651%. Additionally, in the past three hours, two newly created wallets withdrew a combined total of 182.7 billion PEPE.
Pepe Coin Price
The Pepe Coin price continues to rise amid the bullish market sentiment. As of writing, the PEPE price has surged 12.35% to $0.00001692 on Monday, May 27. The Ethereum-based meme coin's market valuation now stands at $7.19 billion, with a 24-hour trading volume up 98.75% to $3.10 billion.
Click to Get USDT Here đ°
Pepe Coin (PEPE) has surged to unprecedented levels, reaching a new all-time high. This milestone is part of a broader bullish trend in the cryptocurrency market, with PEPE achieving notable gains in both spot and futures trading. Notably, Pepe Coin has overtaken Polygon (MATIC) amid the price rally. Furthermore, a savvy trader has secured an 867% profit during this recent surge.
Smart Trader Reaps Massive Gains From PEPE Sale
A sharp-witted trader has made the most of the rising Pepe Coin price, transforming an initial $250,000 investment into an astounding $2.42 million. According to Lookonchain, a blockchain tracking platform, the trader bought 160.62 billion PEPE tokens on December 6 and 7, 2023. This strategic move paid off significantly when the trader sold all holdings for 644 ETH, valued at approximately $2.42 million, yielding a profit of around $2.17 million, which equates to an 867% return on investment (ROI).
In addition, the trader showed astute trading with investments in Pepe Coin derivatives. They invested $25,000 in 139,822 Pepe Coin futures on December 6, 2023. By selling a portionâ25,000 coinsâfor 30.27 ETH, equivalent to $113,000, the trader secured a considerable profit. The remaining 114,822 Pepe Coin futures are currently valued at $574,000, bringing the total profit on these positions to $663,000 and an exceptional ROI of 2651%. Additionally, in the past three hours, two newly created wallets withdrew a combined total of 182.7 billion PEPE.
Pepe Coin Price
The Pepe Coin price continues to rise amid the bullish market sentiment. As of writing, the PEPE price has surged 12.35% to $0.00001692 on Monday, May 27. The Ethereum-based meme coin's market valuation now stands at $7.19 billion, with a 24-hour trading volume up 98.75% to $3.10 billion.
Chain Link is the Safest Investment
Since we are expecting its ETF as well after $SOL 10-12$ (or below) is a good price to add a 10-15% portfolio.
CAP: $7.6 BSupply: 608 M
#solonapumping #bitcoinâïž âŻâŻ #BinanceSquareFamily âŻâŻ #EthereumEFT #ETHđ„đ„đ„đ„
Since we are expecting its ETF as well after $SOL 10-12$ (or below) is a good price to add a 10-15% portfolio.
CAP: $7.6 BSupply: 608 M
#solonapumping #bitcoinâïž âŻâŻ #BinanceSquareFamily âŻâŻ #EthereumEFT #ETHđ„đ„đ„đ„
