It seems possible to make a good profit from the following coins. Although we recommend that you reduce the risk by making a basket, it is necessary to realize profit and take quick action in case the ETH ETF is not approved.
Fidelity has filed an amended S-1 with the United States Securities and Exchange Commission (SEC) for its spot Ether exchange-traded fund (ETF).
It turns out that the asset management giant has filed an updated S-1 filing stating that the ETF's underlying Ether ETHUSD tokens will not be staked. S-1 filings are the SEC's registration form required for the launch of publicly traded securities products in the United States.
According to data from CoinGlass, the amount of long transactions in the leveraged market is considerably higher than short transactions.
Shorting Bitcoin BTCUSD means borrowing and selling Bitcoin with the expectation that the price will drop. The trader aims to buy back Bitcoin at a lower price, repay the loan and make a profit on the price difference.
The volatility in the leading cryptocurrency wiped out $328 million worth of leveraged transactions from the market in the last 24 hours. Of this figure, $64 million was from long positions and $264 million was from short positions.
NEAR's market cap is approaching its highest level in the year, reflecting significant interest and investment in the token.
There is a visible resistance zone around $9 billion, which has been tested multiple times, indicating strong selling pressure at this level.
NEAR's market cap is approaching the key $9B resistance hit in mid-March. This indicates significant interest and investment in the token. The chart shows a strong bullish trend indicating bullish momentum $NEAR
Binance officially announced its investment in crypto derivatives exchange Aevo. Aevo, which has approximately 50 thousand monthly active users and a derivative volume of 80 million dollars, earned 30 million dollars through transactions.
Aevo, which works on OP Stack, which provides continuous futures and option contracts services, is backed by crypto investment giants such as Paradigm, Dragonfly and Coinbase Ventures.
After the investment was announced, there was a 10% increase in the AEVO token and the price exceeded $ 0.90.
The value of the global cryptocurrency market, including Bitcoin, increased by approximately 7.7 percent in 24 hours, reaching 2 trillion 600 billion dollars.
The price of Bitcoin, the largest cryptocurrency, is trading at $70,975,000 with a 6 percent increase in the last 24 hours due to the news flow that ETF applications for Ethereum will be approved.
Ethereum, which ranks 2nd in terms of market value, gained more than 18 percent in value in the last 24 hours and exceeded the level of 3 thousand 600 dollars.
In some news in the international press, it was claimed that the US Securities and Exchange Commission (SEC) had accelerated its work on the approval of applications for Ethereum ETFs.
Approval of spot Ether exchange-traded funds (ETFs) in the United States could push the Ether price to $10,000.
While the U.S. Securities and Exchange Commission (SEC) ETF approval process could take months, the launch of ETFs could push the Ether price significantly higher, according to Andrey Stoychev, Nexo's head of prime brokerage.
Unless you are patient and cool-headed, and you do not have the ability to determine the direction, trading in the coin market is no different than gambling. If you act without losing control or getting into fomo, you will definitely benefit. The only requirement is to set a reasonable profit target. Little profit, constant stability.