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Cardano (ADA) Creator Reveals Real Trigger Behind Regulatory Attack on Crypto.
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CoinGecko releases Q2 2024 Crypto Industry Report
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Ethereum ETFs: SEC Greenlights Major Players. 23 July 💬👀 The US Securities and Exchange Commission (SEC) has given the go-ahead to BlackRock, VanEck, and Franklin Templeton to launch Ethereum ETFs, signaling a major shift for digital assets in mainstream finance. 📍What This Means This preliminary approval could see Ethereum ETFs trading as early as July 23rd, potentially boosting Ethereum's price and opening doors for broader investor participation. 📍Market Impact Ethereum's price has already jumped 8% following the news, with experts predicting continued growth. While some analysts expect more moderate inflows compared to Bitcoin ETFs, the overall sentiment remains optimistic. 📍Expert Opinions Industry experts like Martin Leinweber emphasize the importance of managing expectations due to market differences between Ethereum and Bitcoin. However, Thomas Perfumo of Kraken suggests that substantial inflows aren't the sole indicator of success for Ethereum ETFs. 📍Looking Ahead With Galaxy Research estimating potential monthly inflows of $1 billion, the launch of Ethereum ETFs promises a significant impact on the crypto market. This development is a major step towards integrating digital assets into traditional financial systems. #ETH_ETF_Approval_23July #ETHETFS #ethereum #ETH
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Solana (SOL): $170 Target in Sight? 💬 Solana (SOL) is flashing bullish signals, hinting at a potential bull market. Crypto analyst highlights the formation of a "W pattern" (double bottom) on SOL's chart, a classic sign of a price bottom. Analyst predicts a rally towards $170. The W Pattern: A Bullish Signal The W pattern indicates a coin has hit its lowest point twice at a similar price, suggesting a strong support level. This pattern often precedes a bull run. For SOL, this pattern emerged around $125, hinting at a possible rebound. Current Momentum and Future Outlook SOL is currently trading at $156, a 2% increase in 24 hours and a 7.8% rise in the last 30 days, signaling a recovery from the recent crash. Trading volume has also surged 33% to $2.8 billion, indicating renewed trader interest and bolstering SOL's journey towards the $170 target. #solana #SOL #Megadrop #BinanceTournament #BinanceTurns7
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Internet Computer (ICP) Surges: A Bullish Dawn?💬 ICP, a leading cryptocurrency, has seen a 10% price jump within 24 hours, reaching $10. This marks a significant rebound from recent market downturns. The surge, fueled by increased trading volume and market capitalization, could be the start of a new bull run. 📍Key Factors: 🔹Falling Wedge Pattern Breakout: ICP broke out of a falling wedge pattern, signaling a bullish reversal. 🔹Technical Indicators: The 20-day and 50-day EMAs are supporting the uptrend, with a buy signal from the MACD indicator. 🔹RSI: An RSI above 60 indicates strong upward momentum. 📍Outlook: Experts predict a potential 55% surge to $20. If ICP closes above $10 daily, the bullish trend could solidify further. #ICP #InternetComputer #InternetComputerProtocol $ICP #Bull #Bear
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