The recent approval of Ethereum ETFs has been met with anticipation by the crypto community. However, contrary to expectations, the price of Ether has not seen a significant increase. Here’s why!
Technical and Psychological Factors
After a long wait, Ethereum ETFs were finally approved by the SEC, marking a victory for the crypto industry. However, the price of Ether remains stable, with an increase of barely 1% on its price. Several factors can explain this phenomenon. Firstly, it is important to understand that the crypto market is influenced by a multitude of technical and psychological factors. The approval of Ethereum ETFs was a widely anticipated event, and it is possible that the price had already factored in this news beforehand, following the logic of “buy the rumor, sell the news.”
Furthermore, the market’s reaction can be compared to that observed during the approval of Bitcoin ETFs. Although positive, it was more moderate than expected. Investors might thus adopt a more cautious approach, having learned from past events.
Crypto: Regulatory Uncertainties on Ether
Regulatory uncertainties also play an important role. The SEC has shown a cautious approach towards cryptos, and questions still remain regarding the classification of Ether as a security or a commodity, which could affect investment decisions.
Despite this, the approval of Ethereum ETFs is a step forward towards wider acceptance of crypto. It offers traditional investors a regulated and more accessible way to invest in Ether, which could eventually support a price increase.
Finally, while the approval of Ethereum ETFs is a positive development, the crypto market remains complex and unpredictable. Investors must stay informed and cautious, taking into account the multiple factors influencing prices.
5 popular altcoins that will be unlocked next week.
Cryptocurrency markets appear to be declining after the rise on the first day of the week, giving back half of their gains. While cryptocurrencies generally continue their downward trend on the last business day of the week, the reported lock openings have the potential to put additional pressure on the relevant altcoins. According to Token Unlocks' report, a total of $376.27 million worth of crypto assets are planned to be unlocked in the coming week.
Among the major altcoins whose supply will increase with the lock opening between May 27 and June 2, #Optimism (OP), Sui (SUI), #Ethena (ENA), #1inchCard (1INCH), dYdX (DYDX) are at the top. According to the report, OP tokens worth $82.12 million, representing 2.88% of the circulating supply on the Optimism network, will be released on May 31. It is expected that this activity may increase the volatility of the altcoin due to the high amount of OP to be unlocked.
On June 1, $70.35 million worth of #SUI will be released, accounting for 2.78% of the circulating supply. Additionally, 11.91% of DYDX's circulating supply and $47.97 million worth of ENA tokens will be unlocked on the same date. Effect of lock openings on altcoin prices While altcoin investors have been closely monitoring the tokens to be unlocked recently, the prevailing idea is that these activities, which will increase the supply of the relevant crypto asset, may put pressure on the price of the asset. Both the expectation of a sale and the situation of buyers selling these assets can sometimes negatively affect the price of the unlocked altcoin. $OP $1INCH $SUI
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🐦 NOTCOIN compensations for issues during listing: 🔷 570M NOT airdrop: Users who chose Wallet to receive Notcoin will get an additional 10% in NOT tokens. 🔷 P2P Market fee refund: Fees will be refunded on the 16th and 17th. From May 20 to 22, no fees will be charged for P2P transactions. 🔷 5x increase in USDT bonuses (250% APY on bonus account). 🔷 Double Notcoin bonuses: From May 16 to 22, you will receive 10 Notcoins for each Toncoin in your bonus account. 🔷 Extension of Wallet Earn programs (by one week).
Binance listeleme ihtimali: %70 Diğer TIER1 Borsalar: %90
Binance Labs Blum Crypto projesini öne çıkan girişimlerden biri olarak seçti. Ekibin başında Binance'de kilit pozisyonlarda görev almış önemli isimler de yer alıyor.
Özellikle airdrop atan projelerin daha rahat listelendiğini düşünürsek bu kadar geniş topluluğa ulaşmış çok işlevsel süper app mutlaka her yerde listelenecektir.
👇Nasıl katılabiliriz?
t.me/BlumCryptoBot/app?startapp=ref_3sOzUPHsGw
Davet linkini kullanarak giriş yapalım. Sosyal görevleri tamamlayıp, farming tuşuna basalım. Her 8 saatte bir arkada pasif olarak puan toplayıp daha sonra bunları claim edebilirsiniz. Günde bir kaç dakika zaman ayırmak yeterli.
Uygulama $NOT coin çakması diğer klon uygulamalardan değil. CEX ve DEX'in işlevlerini tek bir uygulamada sunmayı amaçlayan $Blum, otomatik token listeleme için 30'dan fazla blockchain ağı desteğiyle öne çıkıyor ve doğrudan Telegram'da kesintisiz MêtaMask işlemleri sunuyor.
Ayrıca, fiat para birimleriyle yapılan P2P ticareti hem yeni hem de tecrübeli yatırımcıların ilgisini çekiyor. Hedefleri gerçekten çok yönlü bir kripto borsası kurmak. Bu yüzden ilerleyen dönemde bu puanlar çok değerlenebilir.
What will be notcoin price ? My prediction would be 0.01-0.015
we have already seen premarket price 0.01 in many exchanges . so I guess it would be more than 0.01 but some people will say it will get 0.02 or more . but I don't think so because not on has done alot of premarket sales so if it listing in 2 cents buyers will make like double money which we have not seen on any other coins before .
what do you think of the notcoin price ??? let me know
There's no excuse for not making some money in this bull run if you're following my updates here. I have shared several updates that most of my followers have benefited from.
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I will tell you about the Revolving Games airdrop, which is the highly hyped Binance listing rumor.
1️⃣Go to site
👉 https://sidequest.rcade.game
10 usdt code: '' icould_14 ''
2️⃣ The site will ask for Reference. Enter the '' icould_14 '' reference code (It will give you additional points. You can help each other in the comments. I will distribute the ones from the reference)
3️⃣ There are tasks such as follow and interact within the site. Do all of these.
That was it. We need to check it for 1-2 minutes daily and do the following tasks.
I just started this morning. I have already collected 30k points with the tasks I completed in 10 minutes. There is still more than 1 month left to list.
You can really hit your head when you miss. So start now without delaying. May you have abundant profits 🍀
Sadece 10 dakika harcayarak yüzlerce belki binlerce dolar kazanabilirsiniz 🔥
Bence ertelemeyin. Sonradan yapmıyorsunuz. Başkaları para yiyor.
Son derede Hype'lı olan Binance listelemesi dedikodusu olan Revolving Games airdropunu anlatacağım.
1️⃣Siteye git
👉 https://sidequest.rcade.game
10 usdt code: ben_coinmaster
2️⃣ Site Referans isteyecek. ben_coinmaster referans kodunu gir (Size ek puan verecek. Yorumlarda birbirinize yardım edebilirsiniz. Bende referanstan gelenleri dağıtacağım)
3️⃣ Sitenin içerisinde takip et etkileşim ver gibi görevler var. Bunların tamamını yap.
Bu kadardı. Günlük olarak 1 2 dakika kontrol edip gelem görevleri yapmamız gerekiyor.
Ben daha sabah başladım. Şimdiden 10 dakikada yaptığım görevlerle 30k puan toplamışım. Listelemeye daha 1 aydan fazla var.
Kaçırdığınızda gerçekten kafanıza vurabilirsiniz. Bu yüzden ertelemeden şimdiden başlayın. Bol kazançlarınız olsun 🍀
*BREAKING: $PEPE Transfer Sends Shockwaves Through Crypto Community!*
*1.24 TRILLION $PEPE ( $10.57 MILLION) MOVED TO BINANCE IN MASSIVE TRANSACTION!*
- *Date:* Tuesday, May 7, 2024 - *Time:* 03:04:47 UTC - *Amount:* 1,238,332,920,144 $PEPE (equivalent to $10,571,648)
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This monumental transfer is a testament to the power of taking risks and striving for greatness. Remember, the crypto world is full of uncertainty and volatility - but that's what makes it so thrilling!
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