While appearing on CNBC on June 5, Gensler hinted that the SEC could be delaying the approval of Ethereum ETFs, saying that the following procedures would “take some time.” This could mean that the commission is taking its time approving S-1 registration statements.
On the other hand, the SEC approved the 19b-4 filings of several companies on May 23. However, the listing and trading of ETFs on US exchanges could be delayed by several months due to final authorizations.
Analyzing the daily price chart of Pepe coin, Pepe price is witnessing a surge in the battle between bulls and bears to validate a clear trend. Currently, PEPE price is facing consolidation around $0.000015. The 24-hour volume has increased to $426 million, showing increased interest in the current trading activity. Pepe price is trading at $0.00001429, declining by more than 1.4% in the last 24 hours.
Notcoin price fell more than 2% in the last 24 hours but is still up more than 145% in the weekly period to trade at $0.0224 as of 12:05 AM. EST, as some investors make profits. The 24-hour loss recorded by NOT price was also not enough to push the altcoin's monthly performance into the red zone. As a result, the cryptocurrency is still up more than 54% in the last 30 days and is expected to continue the long-term upside 🚀
Ripple President Monica Long supports the idea of an XRP ETF due to regulatory clarity and market position. Long highlights XRP's consistent ranking as a top 10 asset by market capitalization and significant daily trading volume. Ripple is developing a stablecoin project that is expected to launch in late 2024.
President Monica Long recently strongly supported an XRP exchange-traded fund (ETF). During an interview with CNBC, Long stated that an XRP ETF would make “a lot of sense,” given the current regulatory clarity surrounding XRP and Bitcoin in the US. He highlighted market and highlighted its important daily value. traded volume. Long's comments align with Ripple CEO Brad Garlinghouse's recent prediction that the timely launch of an XRP ETF is "inevitable."
FLOKI is on a steady rise from its support level, holding above the 50-day and 200-day exponential moving averages (EMA), indicating a strong long-term bullish trend. With new yearly highs being reached, and if the breakout maintains its momentum, FLOKI price could aim for higher levels, potentially reaching $0.000400 and if broken could extend gains to $0.000500 .
Notcoin ($NOT ) Notcoin has sustained a 120% rise in value over the past seven days, but the past 24 hours have been intensely bearish, with declines reaching 12% during US trading hours on Wednesday. This demonstrates a correction and gives crypto investors the opportunity to enter this#Notnetwork.