Binance Web3 Wallet & Starry Nift Airdrop Official Guide

Event Time: July 12, 2024 06:00 UTC+0 to July 26, 2024 23:59:59 UTC+0 (Beijing time, please add 8 hours)

Event Highlights:

Total Rewards: 1.25 million $SNIFT tokens
Participation Method: Accumulate points by completing tasks and share tokens in proportion
Note: You must use the native Binance Web3 wallet, and you must complete the wallet creation and backup

Important Tips:

After all tasks are completed, please manually claim the rewards (some tasks may be completed automatically, but please check and confirm).

No gas fee is required for the claim process.

Event Task Overview (complete at least 2 items to participate in the token distribution):

Quest 01: Twitter Follow Task

Requirement: Have a Twitter account and follow @Web3WithBinance and @StarryNift.
Steps: After following, submit your Twitter account (including @) to the designated location of "Quest 01" on the event page.
Reward: 5 points (verification may be delayed, please be patient)

Quest 02: Mint Citizenship Card NFT

Requirement: Have enough BNB as gas fee on the BSC chain (about 0.00021 BNB), and ensure that the total balance of BNB on the BSC and OPBNB chains exceeds 0.01 BNB.
Steps: Complete the mint operation and interact on the BSC chain as required.
Reward: 8 points

Quest 03: Binance Web3 Wallet AI Bot Voting

Requirement: Have a small amount of BNB as gas fee on the OPBNB chain (about 0.0000003 BNB each time).
Steps: Sign in and vote daily, and the task can be completed repeatedly.
Reward: 5 points each time

Quest 04: Mint SBT NFT

Requirement: Complete Quest 02, and the total BNB balance on the BSC and OPBNB chains exceeds 0.01 BNB.
Steps: Mint SBT NFT on the OPBNB chain.
Reward: 5 points + 5% additional bonus to total points; at the same time, you can get extra XP rewards by voting for AI Bot on the official website.

Extra activity: Invite friends

Requirement: Invite friends to complete Quest 02 (mint pass NFT).
Steps: Share your invitation code (such as 3D1ufeQQ8D), and the invitee needs to enter the invitation code after connecting to the wallet.
Reward: Get 8 points for each valid friend successfully invited.

How to participate:

Make sure you have and backed up the native Binance Web3 wallet.
Visit the event page (need ladder access) and connect your wallet.
Complete the above tasks according to the instructions and manually claim the rewards (if applicable).
#新币挖矿指南
#StarryNift #币安7周年

$SHIB 1 trillion SHIB transfers shake the cryptocurrency market

Recently, Binance, the world's largest cryptocurrency exchange, experienced a transaction that shocked the market - 1 trillion Shiba Inu (SHIB) tokens were transferred in huge amounts. This incident not only attracted widespread attention in the market, but also caused heated discussions among investors.

In this transaction, a cryptocurrency whale named "0x42a" transferred up to 1.088 trillion SHIB, worth $18.12 million. It is worth noting that this whale had accumulated some from November to December 2023 and made a profit of $8 million at the bottom of the market, an increase of 79%. This behavior highlights the whales in the cryptocurrency market's accurate grasp of market trends.

However, in sharp contrast to the prosperity of SHIB, another cryptocurrency PEPE is in trouble. Although the whale "0x837" recharged 700 billion PEPE to Binance, its total loss is estimated to be $3.47 million, a decrease of 15%. This data has sounded the alarm for investors, reminding them that there are huge risks in the cryptocurrency market.

The transfer of 1 trillion SHIB has undoubtedly exacerbated the volatility of the cryptocurrency market. Although the market has stabilized recently, this incident has plunged the market into turmoil again. Investors are full of speculation about the intentions and purposes of this huge transfer and are closely watching the future direction of the market.

Overall, this transfer incident once again proves the uncertainty and risks of the cryptocurrency market. Investors need to be cautious in their investment decisions and fully understand market dynamics and risks. At the same time, paying attention to market development trends is crucial to seize investment opportunities and avoid risks.
#SHIB20000U一个亿 #meme_coin #sol板块 #SHIBA🚀

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🚀【Year-end Wealth Legend Sets Sail】In the vast sea of ​​cryptocurrencies, four bright stars are leading the dream journey to millionaires.

🎨【RNDR: The Wave of Visual Revolution】Imagine that the power of GPU is no longer dormant, and Render Network is like a fresh breeze that blows away the fog of content creation. Binance, the wise guide, waved his hand lightly, and RNDR turned into RENDER, resources surged like spring water, and user experience jumped in laughter. Those travelers who missed this wave can only stand on the shore, looking at the sails in the distance, leaving endless regrets in their hearts.

🚀【INJ: The New Engine of the DeFi Universe】In the vast universe of DeFi, Injective and IoTeX have joined hands to weave a seamless token transfer network. Injective, this powerful interstellar battleship, loaded with liquidity treasures, is heading towards the starry sea with market value potential. Brave explorers, as long as they step on this battleship, they can become the leader of the DeFi world and write their own legend.

💼【LDO: The rise and glory of the leader】In the cryptocurrency arena, LDO is like a sleeping dragon. Once awakened, it will show amazing power. Its pledge volume is far ahead of SSV, and with the mysterious blessing of SSV's new technology, its market value has climbed to four times that of SSV. LDO's leading style shocked every bystander. At this moment, it is the best time to embrace LDO and go to the feast of the future. Because every wise choice may become the key to open the door to millionaires.
#CryptocurrencyLegend Journey #Year-end Wealth Weaving Dreams#LDOLeading the Future

Cz is about to return to lead the trend, Lista joins hands with Binance to draw a new chapter

📢 Explosive news! Cz is about to return, the market is shaking, and the currencies related to Binance will usher in a big explosion!

🌟 The king returns, the market is carnival

Just last night, the news of Cz's return spread across the market like a spring breeze, the market was boiling instantly, and the stock price soared. Under the cover of many negative news, this good news is like the light of dawn, leading the market to the road of rising.

🔥 After the reshuffle, the big bull is coming

After the baptism of the market, the arrival of the big bull seems to be more and more imminent. The return of Cz has undoubtedly injected strong vitality into the currencies related to Binance, heralding a new round of prosperity and explosion.

🚀 The second prince Lista, a bright new star

Among many currencies, Lista is like a bright new star, attracting the attention of countless investors. Investors holding Lista tokens can enjoy multiple rewards and early project investment opportunities by staking tokens on the Listapie platform.

💎 slisBNB, a magical tool for making money

Lista's slisBNB token has both the profitability and liquidity of BNB. Holders only need to easily participate in liquidity mining to enjoy a steady stream of passive income, just like holding a golden shovel and digging treasure easily.

🚀 Lista DAO, a benchmark for decentralized finance

With its innovative model and strong team, Lista DAO is expected to become a leader in decentralized finance. Its innovation in the field of liquidity staking has laid a solid foundation for future development.

📈 Binance-related, who can compete?

Among the currencies related to Binance, Lista is undoubtedly the one with the most explosive potential. What kind of surprises will Cz's return bring to Lista? Let us wait and see!

#Lista启航新纪元 #Lista启航新纪 #ListaDAO #ListaMegadrop #LISTA逐渐上涨

Cryptocurrency and presidential debates: the intersection of politics and finance

Focus topics
Cryptocurrency unexpectedly became a hot topic in the 2024 US presidential debate.

Biden administration position

Initially cautious, and even active enforcement actions.

But with the SEC's approval of cryptocurrency ETFs, attitudes began to soften, realizing its importance.

Trump's statement

Explicitly supports cryptocurrency and calls on supporters to vote for him.
This contrasts with his previous negative comments and may be intended to attract young voters.

My opinion

Potential and risks: Cryptocurrency has great potential, but it also comes with risks such as regulation and technical security.

Government role: The government should actively participate, formulate reasonable regulatory policies, and ensure that the market is fair and transparent.

Policy formulation: We should have a deep understanding of cryptocurrency and formulate clear and specific policies to meet challenges.

Summary
Cryptocurrency has become the intersection of politics and finance, which requires the government to actively participate and formulate effective policies, while we should also remain vigilant and rational.
#特朗普拜登 #拜登 #特朗普接受比特币和加密货币作为总统竞选捐赠渠道

$MEME Elon Musk pays tribute to emoji culture: Internet craze after the US presidential debate

On June 28, 2024, Elon Musk wrote on Twitter: "Tonight is a victory for emojis." This sentence is a tribute to the emoji creation craze on social media after the US presidential debate the day before.

On June 27, the debate between US President Joe Biden and former President Donald Trump attracted global attention. After the debate, netizens created emojis to express their views in a humorous way, and these emojis quickly spread on social media.

Musk's tweets show his deep understanding and respect for Internet culture. He paid tribute to all netizens who participated in this online carnival and emphasized the importance of creativity and humor in resolving life stress. In this era of information explosion, we need more such creativity and humor to make life better and more interesting.

#meme_coin #meme板块关注热点 #Meme板块普涨 #特朗普拜登

$AEVO New Coin Storm: From Peak to Valley, the Blood and Tears of Leeks

At the beginning of this year, a new star appeared in the market - AEVO coin. With endless expectations and visions, it stood out from the silence, soaring into the sky at its highest point, reaching a peak of 3.94. However, just like all bubbles will eventually burst, the prosperity of AEVO is only a flash in the pan.

In the carnival of AEVO, countless investors poured in with dreams and funds, hoping to find the treasure of wealth in this new continent. However, they never thought that this was a well-designed trap. From the highest point of 3.94, AEVO plummeted all the way until it fell into the abyss of 0.43. In this long decline, countless investors were trapped, and their funds passed away like water, leaving only regrets and remorse on the ground.

Compared with other currencies, AEVO hardly gives investors any chance to get off. Whether the market is good or bad, it is firmly on the road to decline. This has plunged investors who were expecting a rebound into despair. They thought they had found the bottom, but it turned out to be just an illusion halfway up the mountain.

Investors who entered the market from the highest point to now have lost nearly 90% of their funds. This is not only a failure of investment, but also a blow to the soul. Many of them may have given up struggling and silently endured the consequences of this disaster.
#AEVO归零之路 #aevo走势

$CREAM suffered a heavy blow, with a loss of more than 21 million, but there is still hope!

Recently, the cryptocurrency world has once again set off waves. The well-known decentralized lending platform Cream unfortunately became the prey of hackers. More than 21 million Cream tokens (CREAM) were stolen, with a value of an astonishing -318,427.97 US dollars (Note: the "-" here only indicates a loss, not an actual negative value). This incident undoubtedly dropped a heavy bomb on the entire cryptocurrency market, triggering widespread attention and discussion.

However, in this seemingly dark moment, we still need to remain calm and rational. First, let's explore some clues from the transaction data. The hackers' cunning and technical sophistication make us have to admire them, but their actions will eventually leave traces on the blockchain. These traces will become the key clues to track and recover the stolen assets.

For the Cream platform, this attack is undoubtedly a heavy blow. But like many crises in history, this is also a turning point. The Cream team is working hard to assess the damage and recover the assets, while also strengthening the platform's security measures to prevent similar incidents from happening again.

$AKRO Reasons and Risk Warnings Behind the Surge in Coin Prices

Recently, coins in the Binance Observation Section, such as BETA, AKRO, OOKI, GTF, etc., have shown an unusually fierce upward trend. This astonishing increase has attracted widespread attention in the market, and many investors have asked about the reasons behind it.

In fact, the reason why these coins can raise their prices in a short period of time is closely related to the Binance Exchange's Observation Section mechanism. In Binance's Observation Section, the coins that are listed need to undergo a period of investigation and evaluation to determine whether they have long-term development potential and market value. If a coin performs poorly during this period or fails to meet certain standards set by the exchange, it may face the risk of being delisted.

In order to avoid being delisted, some coin teams and investors may take various measures to raise prices to demonstrate their market vitality and investment value. These measures include but are not limited to: increasing market promotion efforts, attracting more investors to participate in transactions, and releasing good news. Under the combined effect of these factors, the prices of these coins have been able to rise rapidly in a short period of time.

However, investors need to note that the coins in the observation section themselves have certain risks. Since these coins have not been tested and verified by the market for a long time, there is great uncertainty in their future development prospects and stability. In addition, once these coins are delisted, their prices may plummet rapidly, causing serious losses to investors.

Therefore, we once again remind investors that when investing in coins in the observation section, they must be cautious and rational. Do not blindly pursue short-term high returns and ignore potential risks. At the same time, we must also pay attention to diversifying investments and reducing the risk exposure of a single asset. Only in this way can we achieve steady income growth while ensuring investment safety.
#AKRO

$BOME holders must read: The joke of value investment and the rise of the meme sector

Dear BOME holders, there are some irresponsible voices in the market today. They are still promoting that#BOMEBig Golden Dog will return to a low price of 0.005. What I want to say is that such predictions are not only unfounded, but also an irresponsible misleading of the market and investors.

In the current blockchain and cryptocurrency market, we see not only price fluctuations, but also technological innovation and changes in concepts. The meme sector, as an important part of this change, is attracting more and more investors with its unique charm.

The meme sector truly embodies the spirit of decentralization. It breaks the shackles of the traditional financial system and gives every retail investor the opportunity to participate in this brand new market. Here, there is no centralized capital control, only a fair, just and transparent trading environment. Every investor can buy, sell and trade freely according to his own judgment and decision.

Moreover, the rise of the meme sector is also inseparable from the active participation and contribution of retail investors. It is these retail investors who have injected new vitality and momentum into the market through continuous trading and investment. They have proved with their actual actions that the power of retail investors is infinite, and they can create their own legends in this market.

Therefore, I believe that in this round of bull market, the meme sector will stand out and become the most dazzling star sector. And those who are still advocating that#BOMEBig Golden Dog will return to a low price are undoubtedly hitting themselves in the mouth and becoming a laughing stock in the market.

Therefore, BOME holders, please stay calm and rational, and don't be disturbed by these irresponsible voices. Believe in your own judgment, strengthen your beliefs, and let us welcome the rise of the meme sector and the bright future of the blockchain market together!
#Meme板块普涨 #bome潜力无限

$SOL 🚀Can Solana (SOL) reach new highs? 🚀

Solana ETF is hot, SOL price soars: With the help of Solana ETF, SOL price soared in the network craze, and the 24-hour trading volume surged by 112% to $3.128 billion.

Bullish technical analysis: Multiple technical indicators and moving averages show strong buy signals, indicating that SOL prices may continue to rise. Although the 50 and 100 weekly lines show sell signals, the overall upward momentum has not been significantly affected.

Market variables to pay attention to: MACD and STOCHRSI indicators issued a warning, but RSI remained neutral, and the possibility of a short-term trend reversal was small.

Key support and resistance levels: The key support level is at $145.296, and if it is broken, it is expected to rise further. The key Fibonacci resistance levels are $151.307, $155.021 and $161.032, respectively. If successfully challenged, it is expected to reach a high of $202.

$SOL 🚀Can Solana (SOL) break through the sky again and set a new high? 🚀

Under the enthusiastic pursuit of Solana ETF, the price of SOL has been rising rapidly like a rocket in the wave of network activities. In just 24 hours, the trading volume surged by 112% to an astonishing $3.128 billion, which undoubtedly injected strong momentum into Solana's price trend!

From a professional technical analysis perspective, Solana is standing at an exciting buying intersection. Multiple indicators and simple moving averages on the daily chart (such as 5, 10, 20 and 200 week lines) have issued strong buying signals, indicating a possible upward trend in the future. Although the 50 and 100 week lines temporarily show a sell signal, this does not seem to stop the upward momentum of SOL prices.

However, the market is always full of variables. The MACD (12,26) indicator is currently at -4.879, which has given investors a warning of a sell signal to a certain extent. The STOCHRSI (14) also shows that the SOL token is in an overbought state, reminding investors to pay attention to risks. However, it is worth mentioning that the relative strength index (RSI) is currently neutral, indicating that the possibility of a trend reversal in the short term is relatively small.

In this volatile cryptocurrency battlefield, Solana's key support level is around $145.296. If the SOL price can successfully break through this important point, the altcoin is expected to soar further and challenge higher price levels. The key Fibonacci resistance levels are located at $151.307, $155.021 and $161.032, which will be important tests for Solana's price breakthrough.

Imagine that if Solana can successfully break through these resistance levels, it will be expected to challenge the high of $202 set in March this year! This will be an exciting cryptocurrency feast and a test of investors' wisdom and courage.

Are you ready for this cryptocurrency investment journey full of opportunities and challenges? Come to my homepage to learn more about cryptocurrency investment logic and discuss the future trend of Solana together!

#Meme板块普涨 #sol板块 #sol趋势 #solana生态

Cryptocurrency Market Dynamics and Important Updates

1. ETH ETF May Be Approved Soon

According to Reuters, the long-awaited spot Ethereum (ETH) ETF has a high probability of being approved by the U.S. Securities and Exchange Commission (SEC) before July 4. This news is undoubtedly a huge positive for the Ethereum ecosystem, as it will provide investors with a more convenient and secure way to invest in Ethereum.

2. Aevo Token Economics Update and Buyback Plan

The aevo project has updated its token economics and plans to buy back at least 1 million aevo tokens per month starting on July 12. This buyback plan is intended to enhance the confidence of token holders and may further drive the price of tokens.

3. JUP Update and Buyback Dynamics

Recently, the jup project has frequently updated news and technology, and there are also plans for buybacks. These dynamics indicate that the jup project is actively developing and maintaining its ecosystem, and investors can pay close attention to its subsequent developments.

4. The US and German governments sell off BTC

It is worth noting that both the US and German governments have recently sold off Bitcoin (BTC). This behavior has raised concerns about potential selling pressure in the market, but it may also bring certain adjustment opportunities to the market.

5. Akropolis' new roadmap and snapshot voting

The Akropolis ($AKRO) project has proposed a new roadmap that includes the adoption of a dPoS-based blockchain and new token economics. To implement this new roadmap, the project plans to conduct a snapshot vote on June 29. This will be an important milestone, marking the further development of the Akropolis project.

6. ENS is about to rebrand

The ENS ($ENS) project hinted that it will soon launch a rebrand. The news was revealed at the ETHCC event, indicating that the ENS project is looking to expand its influence and market share. The rebranding may bring new opportunities and challenges to the ENS project.

7. Covalent's strategic financing

Covalent ($CQT) raised $5 million in a round of strategic financing led by RockTree Capital. This financing will provide the Covalent project with more funds and resources to support its further development and innovation.

$RAD $RAD /USDT is rising strongly, with significant bullish momentum, but the volatility is large and you need to be vigilant.

The $RAD /USDT trading pair is showing impressive growth in today’s market. Its trading price has climbed to $1.588, an astonishing 37.25% increase from its previous price. This performance not only proves the market’s strong confidence in $RAD , but also indicates possible future upside.

However, while investors rejoice, we must also pay attention to the potential headwinds it faces. Currently, $RAD /USDT faces two key resistance levels, namely the 24-hour high of $1.685 and the higher level of $1.716. These two levels will be a serious test for the $RAD uptrend.

Looking back at the recent market action, $RAD ’s surge from the lows of $1.072 fully demonstrated the strength of its bullish momentum. However, market changes are always full of uncertainty, especially in the highly volatile market of cryptocurrency. So while the outlook looks promising, investors still need to remain vigilant.

In terms of trading volume, $RAD ’s trading volume reached 14.94 million within 24 hours, while USDT’s trading volume was as high as 22.7 million. This data reflects a higher degree of market activity, but it also indicates that volatility may be greater. Therefore, investors need to be extra careful when conducting transactions to avoid unnecessary losses due to market fluctuations.

In the current market environment, immediate support levels for $RAD /USDT are located at $1.457 and $1.198 respectively. These two levels will provide investors with some safety net and act as support if prices fall. However, that doesn't mean investors can rest easy. Instead, they should keep an eye on changes in the market and pay close attention to how these support levels change when the market stabilizes.

All in all, the upward trend in $RAD /USDT is exciting, but investors still need to remain cautious. While paying attention to potential breakthrough or reversal signals, you should also pay attention to market volatility to ensure the safety of your investment.

$LISTA Binance strikes hard to remove fraudulent accounts! LISTA tokens usher in new opportunities

Binance has recently cracked down on fraudulent activities and successfully identified and banned more than 100,000 fraudulent accounts, of which 297 main accounts were completely banned. This action not only purifies the market environment, but also brings good news to LISTA tokens.

LISTA, as an open source decentralized stablecoin lending protocol and a liquidity center on the BNB smart chain, has strong fundamentals. Users can mint slisBNB or borrow lisUSD by staking BNB or pledging other decentralized assets to enjoy stable returns.

Investors holding LISTA tokens not only have voting rights, but can also choose to convert to veLISTA after July 2024, further increase voting rights and share protocol revenue. Before the launch of veLISTA, users can also stake LISTA tokens on the Listapie platform to obtain multiple rewards and Listapie IDO quotas, and participate in investment opportunities for early high-quality projects.

It is worth mentioning that another highlight of Lista DAO is slisBNB. As a profitable and liquid staking token of BNB, slisBNB provides liquidity mining opportunities based on the powerful ecosystem of BNB, allowing holders to obtain additional income by participating in mining.

With the popularization of liquidity staking solutions and the concept of decentralized stablecoins, LISTA and slisBNB are expected to play a greater role in the crypto ecosystem and promote the development of the entire industry. Now is a great time for investors to seize the new opportunities of LISTA!
#Lista #Lista启航新纪元 #ListaMegadrop

$FET FET
FETOCEAN $AGIX: Merger and exchange, opportunities behind market panic

Recently, the cryptocurrency market has been in turmoil because Binance announced that it would delist FET (Filecoin token), OCEAN (Ocean Protocol token) and AGIX (SingularityNET token). This news was like a bombshell, instantly triggering panic selling in the market, and investors fled in panic to seek safe havens.

📉 Price plunge and investor losses

Driven by the sell-off, the prices of these three digital currencies have suffered heavy losses. Especially FET, its price plummeted from the original 2.1 yuan to 1.1 yuan, and investors suffered heavy losses. This sudden plunge not only caught many investors off guard, but also plunged the market into chaos.

😱 Market misunderstanding and panic selling

However, after carefully interpreting Binance's announcement, it is not difficult to find that this news has caused widespread misunderstanding in the market. In fact, these three digital currencies are not really "delisted", but will be merged and traded. Specifically, AGIX and OCEAN will first transition to FET, and then FET will be unified into a new currency ASI.

💡Understanding Merger and Coin Swap

Merge and coin swap is a common operation in the cryptocurrency market, which aims to improve overall efficiency and value by integrating resources from different projects. Under this operation, the digital currency originally held by investors will be converted according to certain rules and become a new digital currency. For investors, this is both a challenge and an opportunity.

🔮Great opportunity to buy low

In the current panic selling, many investors have sold their digital currencies because of panic. However, for those visionary and adventurous investors, this is a great opportunity to buy low. Although the market is selling due to panic in the short term, in the long run, this is actually a major opportunity for investors. Merger and coin swap means that these projects will integrate their respective advantages to jointly create a stronger and more influential AI project.
$FET #FET/USDT #AI三币合一 #AI板块强势进击

Notcoin shakes the market! $3 million worth of tokens destroyed, community value soars!

Recently, the high-profile Notcoin project team announced a major decision-to destroy 210 million $NOT tokens worth up to 3 million US dollars. This decision was like dropping a blockbuster into the deep sea of ​​the cryptocurrency market, instantly arousing widespread attention and heated discussions.

This burning operation not only shows the Notcoin team’s firm confidence in the long-term development of the project, but also reflects their determination to grow together with the community. After the tokens are burned, the supply of $NOT tokens is significantly reduced and market scarcity is significantly increased, which undoubtedly injects strong impetus into the price increase of $NOT .

Even more exciting is that the Notcoin team also announced that $4.2 million worth of NOT tokens will be distributed to users who reach gold and platinum status in the Notcoin Discovery Program. This move is not only a recognition of the hard work of these users, but also an in-depth feedback to community contributors. This not only strengthens community cohesion, but also lays a solid foundation for the future development of $NOT tokens.

In the current TON gaming trend, $NOT is undoubtedly a shining star. With its unique token economics and strong community support, $NOT has demonstrated extraordinary potential and value. For investors and holders, continuing to hold $NOT is undoubtedly a wise choice.

As the Notcoin project continues to deepen and develop, we have reason to believe that $NOT will create more brilliance and surprises in the future. Let us look forward to Notcoin’s bright future together!
$NOT #NOT还会上涨吗 #NOT🔥🔥🔥

SEC Chairman predicts: Ethereum ETF will be listed in summer, crypto market welcomes major positive news

Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), revealed at a hearing on Thursday that the highly anticipated Ethereum exchange-traded fund (ETF) is expected to receive final approval this summer. This marks a major step forward for Ethereum, the world's second largest digital currency, to enter the traditional financial market.

Major positive news: Ethereum ETF will be listed

Gensler: Ethereum ETF registration is progressing smoothly and is expected to be listed in summer

Last month, the SEC approved the relevant 19b-4 application, and the S-1 registration form is pending approval

Industry experts predict that Ethereum ETF may start trading before November

The launch of the Ethereum ETF has attracted much attention from the market, and many institutions and banks have adjusted their price forecasts, believing that this will drive up the price of Ethereum. Currently, Ethereum is trading at $3,500 per coin, but it is expected that with the listing of the ETF, its price may exceed $5,000 and reach $10,000 by the end of the year or next year.

Market reaction: Cryptocurrency is generally optimistic

Ethereum is regarded as a commodity, and the industry generally believes that the SEC will approve it as a single asset ETF
CFTC Chairman Rostin Behnam also made it clear that Ethereum is a commodity and should be regulated by the agency

Although the market is generally optimistic about the launch of the Ethereum ETF, Gensler did not clarify the classification of Ethereum when answering inquiries. He said that the SEC only "partially" approved the spot Ethereum ETF, and the specific classification still needs further discussion.

However, this did not affect the market's expectations for the Ethereum ETF. With the direction of the Fed's policy and the volatility of the cryptocurrency market, the listing of the Ethereum ETF will provide investors with more diversified investment options and is expected to promote the prosperity of the entire cryptocurrency market.
#SEC正式批准现货以太坊ETF #Mt.Gox将启动偿还计划 #ETF✅

Bitcoin plummets! Mt.Gox's huge repayment is coming, and the cryptocurrency market is in a storm

On Monday, Bitcoin led the cryptocurrency market down, plummeting 8.1% to $58,528, the biggest drop since April 13. Mt.Gox exchange is about to repay nearly $9 billion in Bitcoin, and the market is worried about a lot of selling pressure. It is predicted that the actual selling pressure may be small because creditors may choose to hold for a long time.

Market storm:

Bitcoin plummets 8.1%
Mt.Gox repays nearly $9 billion
Market is worried about selling pressure
Actual selling pressure may be small

The cryptocurrency market is experiencing a big storm under the impact of factors such as Mt.Gox repayment news and monetary policy uncertainty. Low market volatility and weak trading volume have put pressure on investors. However, analyst Alex Thorne gave an optimistic forecast that most creditors may choose to hold Bitcoin for a long time instead of selling it immediately. How long will this storm last? Wait and see.
$BTC $ETH $BNB #BTC走势预测 #Mt.Gox将启动偿还计划