🔥 Bitwise has declared war, the Bitcoin advertising war has officially begun. Other companies are also launching their Bitcoin spot ETF promotions.
Hashdex launches ads today:
'Stocks are not Crypto. The Bonds are not Crypto. Precious metal? ARE NOT. NOR IS IT CRYPTO. Your Bitcoins deserve to be managed by a Crypto-focused company. Hashdex ETF'
With only ~20 days left to know the results of the Bitcoin Spot ETF, of course we have 2 possibilities:
Option 1 - SEC accepts as expected. Option 2 - Gary Gensler rejects the proposals and accepts a confrontation with Wall Street.
Well...
Option 1 - We will have more money. Option 2 - We will have more cheap Bitcoin... later when the price increases and then we sell it, we will have more money.
If the SEC rejects the Bitcoin Spot ETF applications after all the efforts over the past few months from Wall Street firms... this will be the biggest Rug Pull in crypto history 🤣
Honestly, if Gary dares to refuse these applications, I think everyone's respect for him will increase one level 😀 #SEC #BitcoinETF $BTC
This dominance is largely driven by the popularity of BRC-20 tokens, especially tokens like SATS, RATS, and MICE. Marking a major shift in investor interest
BTC transaction fees have reached a record high, with up to 24 million USD in fees recorded in just one day. A source of income that miners really like. $BTC $1000SATS
@PeckShieldAlert discovered that Tron founder Justin Sun transferred about 500 billion SHIB tokens (equivalent to about 5.22 million USD) from Binance to a wallet owned by Sun yesterday.
16 hours later, Justin transferred another 70 billion SHIB tokens, both transactions combined had a total value of ~6 million USD on Ethereum.
Over the past four days, Justin Sun withdrew approximately 8 million USD in various assets from Binance:
- About 570 billion SHIB (about 6 million USD) - 127,510 LINK (about 1.82 million USD) - 202,385 STORJ (about 190,000 USD) - 53.68 billion PEPE (about 76,200 USD) - 13,904 DYDX (about 43,700 USD).
No one knows why, but in May, Justin Sun said he started trading memes publicly. $SHIB $LINK $PEPE
🔥 BlackRock has accepted the SEC's request to edit its Bitcoin ETF text to "cash only" instead of "in-kind"
However, the filing amendment shows that BlackRock hopes to later support BTC-denominated creation, pending further SEC approval.
Valkyrie, Invesco, Galaxy Digital and other Bitcoin ETF issuers have also updated to support "cash only"
Here's what the companies have been discussing with the SEC for the past few weeks... sounds like an agreement has been reached... Bitcoin Spot ETF soon? #BitcoinETF #BlackRock #SEC