This week, there are important developments in the cryptocurrency market that may affect Bitcoin and altcoin trading. Government Bitcoin sales, Mt. Gox refund issues and other events are increasing market volatility. Expected major events will shape market trends and be critical for the crypto asset space.
The possibility of the U.S. Securities and Exchange Commission (SEC) approving a Spot Ethereum ETF is generating excitement among investors. Although SEC officials remain silent, market participants are optimistic about a potential approval. This development may positively affect the performance of both Bitcoin and altcoins. Comments from Bloomberg senior ETF analyst Eric Balchunas and ETF Store President Nate Geraci highlight investors' expectations.
Recent weeks have seen heavy capital inflows into US Spot Bitcoin ETFs, strengthening market confidence. This momentum is expected to be reflected in Ethereum once SEC approval is received. Such a development could boost overall market sentiment and trigger a rise in Ether and Bitcoin prices.
On the macroeconomic side, the important statements that Federal Reserve Chairman Jerome Powell will make on July 15 are eagerly awaited. Recent mixed inflation data will present a critical opportunity to understand the central bank's monetary policy stance. Market observers state that although the Consumer Price Index (CPI) decreased, the Producer Price Index (PPI) exceeded expectations, leading to uncertainty.
In the case between Ripple and the SEC, XRP increased by over 12% on July 13. This comes after Ripple executives welcomed Judge Torres' previous ruling stating that XRP is not a security. The SEC is planning a closed meeting on July 18, raising expectations for a possible resolution.
In terms of legal developments and market reaction, the outcome of the case in favor of Ripple could set an important precedent in the altcoin market. Experts predict that the resolution of this legal battle will not only strengthen XRP's position, but also increase investor confidence in other altcoins, leading to potential price increases.
PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can fix it in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
You can help your friends in need by sharing this post.
BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.
