#ETHETFS eth is going fast but i think will be stop little. | MAGA DAILY NEWS on Binance Square

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#ETHETFS eth is going fast but i think will be stop little. I think not good time for open future long. Lots of company buying #btc #eth #sol #avax 
You need take profit and look little which side market goes.$BTC $ETH $SOL 

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Robinhood’s Bitstamp Deal Is Strategic and Brings Added Institutional Exposure: Bernstein The Bitstamp acquisition is a strategic move by Robinhood to expand its crypto business, the report said. Bernstein said that by acquiring an exchange the trading platform can offer markets in many more tokens. JMP said it doesn't expect material accretion from the deal. “With a full exchange, HOOD gets access to global liquidity, and thus can offer the liquidity to its own broker platform, potentially improving its economics,” analysts Gautam Chhugani and Mahika Sapra wrote. $BTC $SOL $MATIC

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Big Friday Crypto Selloff Pulls Bitcoin Below $70K What was thought to be a challenge of all-time highs for bitcoin (BTC) has turned into a fast retreat in U.S. trading on Friday, with the world's largest crypto barely hanging onto a week-over-week gain. At press time, bitcoin was changing hands at $69,000, down 2.5% over the past 24 hours. That was far outperforming the broader CoinDesk 20 Index, which is lower by 5% over the same time frame. #$BTC $SOL $MATIC

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AI and Big Data Projects Gain Traction Interest in AI and big data projects surged significantly last March, sparking excitement within the cryptocurrency community. Santiment, a prominent market player, released data on the best-performing projects over a 30-day period, highlighting those with the highest Daily Development Activity (DDA). This report underscores the growing attention and investment in AI and big data within the crypto world.Which Projects Lead the Way? Topping the list is Oasis Protocol (ROSE) with an impressive DDA of 172.2. Oasis Protocol focuses on advancing open finance and promoting a responsible data economy, distinguishing itself through a strong emphasis on AI and big data privacy. $BTC $AVAX $ETH

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‘It’s happening’ — 5 Ethereum ETF bidders amend SEC filings Five potential spot Ether (ETH) exchange-traded fund (ETF) issuers have submitted amended 19b-4 filings after receiving last-minute feedback from the Securities and Exchange Commission. The amended filings came from Fidelity, VanEck, Invesco and Galaxy, Ark 21Shares and Franklin Templeton, several filings show. All five filings came in a 25-minute period between 9:35 pm and 10:00 pm UTC on May 21, according to Bloomberg ETF analyst James Seyffart. Seyffart iterated that approved 19b-4 filings will need to be accompanied by signed off S-1 registration statements in order for the spot Ether ETFs to launch. “Still a potentially long way from a launch. But these filings prove that all of the rumors and speculation and chatter have been accurate,” he added. BlackRock and Hashdex are the other two spot Ether ETF applicants vying for SEC approval. It comes as the SEC reportedly started asking applicants to accelerate their 19b-4 filings on May 20. The sudden change resulted in Seyffart and fellow Bloomberg ETF analyst Eric Balchunas raising their spot Ether ETF approval odds from 25% to 75%. $ETH $BTC

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Experts have predicted how much Ethereum will be worth by year’s end 2024 $In the wake of reports that the regulator might greenlight the creation of ETFs based on Ethereum, the price of the leading altcoin jumped more than 18% in just one day. Simultaneously, experts also hinted at a less than ideal situation. The applications’ rejection, which is by no means certain, might cause Ethereum’s price to plummet below the psychologically significant $3,000 mark. This week, Ethereum-based spot ETFs are expected to be approved, according to Standard Chartered (LON:STAN). In the first year, experts predict that these funds will receive $15-45 billion (2-9 million ETH) in capital. Here, the asset rate will rise to $8,000, with Bitcoin trading at $150,000, due to demand from funds. The analysts at the bank have made a daring prediction: if market dynamics are positive, the price of Ethereum will reach $14,000 in 2025, and the rate of Bitcoin will rise to $200,000. $BTC $ETH $SOL

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