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💠 Binance || Coinbase || Bybit 💠

We cover the global blockchain and cryptocurrency news, provide opinions, reviews and guides. Contact for cooperations: @JakeManager Join now ⤵️ @Binance_Coinbase_Bybit @Ethereum_Merge @ChartsSignalsTrading

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🪙 Ether spot ETF's chance of May approval dropped to 20% by GSR Crypto market maker GSR has lowered its estimate of the likelihood of a spot Ether ETF approval in May to 20%. This is a drop from GSR's January estimate of a 75% likelihood of a May spot ether ETF approval. GSR Research Analyst Matt Kunke had attributed the former optimistic outlook to Grayscale's Court of Appeals victory and the approval of Ethereum Futures ETFs in October. Source t.me/Binance_Coinbase_Bybit
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🪙 Spot Ethereum ETF approval has 'no positive signs,' says ETF expert While the prospects of a spot ether exchange-traded fund receiving approval from the U.S. Securities and Exchange Commission are up for debate, one ETF expert remains largely pessimistic. Bloomberg Senior ETF Analyst Eric Balchunas posted on X today their belief that the odds of an ether ETF garnering approval are "a very pessimistic 25%." "Personally hope they do approve it but it just ain't looking good," he added. Source t.me/Binance_Coinbase_Bybit
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🟠 Binance's successor in 🇷🇺 Russia, CommEx, halting deposits and undergoing phased closure CommEx, which previously acquired Binance's Russian business in an undisclosed deal, has halted deposits and is closing down. The Russian crypto exchange is undergoing a phased closure, beginning with today's suspension of new user registrations, per an announcement on its official Telegram channel. Asset transfers from Binance have also been suspended, as have fiat and cryptocurrency deposits Source t.me/Binance_Coinbase_Bybit
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💰 Bitcoin’s price rally above $69,000 leads to widespread market liquidations Bitcoin has started the week strong with a push above $69,000—up more than 3% today and marking its highest value since March 16. The move triggered a flood of liquidations in the digital asset ecosystem. These liquidations stem partly from the digital assets strong rally, peaking at an impressive $69,400. The last hour alone witnessed a massive $35 million worth of liquidations, primarily comprising of shorts. Source t.me/Binance_Coinbase_Bybit
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💰 5 institutional investors own 22% of the largest Bitcoin mining company Marathon Digital Holdings (NASDAQ: MARA) is the world’s largest publicly traded Bitcoin (BTC) mining company. Institutional investors have gradually increased their positions in Marathon despite the block subsidy halving expected in April. In particular, institutional investors own 38.9% of Marathon’s outstanding shares, holding 104,212,740 out of the 268 million. Finbold gathered this data from Nasdaq, which also shows the top five institutional shareholders of the Bitcoin mining company. Source t.me/Binance_Coinbase_Bybit
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🇮🇸 Iceland's PM gives cold shoulder to crypto as miners search worldwide for cheap electricity: Reports Iceland's vast network of hydroelectric and geothermal plants have made the island nation the world's largest energy producer per capita. A robust crypto mining industry has also made it the world's foremost Bitcoin hashrate producer by the same metric. Yet when Prime Minister Katrín Jakobsdóttir looks to the future, she prefers to picture corn over crypto mining. Source t.me/Binance_Coinbase_Bybit
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🇪🇺 Anonymous crypto wallets now illegal in the EU In a recent regulatory development, cryptocurrency payments of any size using unidentified self-custody crypto wallets are now effectively illegal in the European Union (EU). This decision is part of a set of new anti-money laundering laws (AML) in the continent. Notably, Dr. Breyer is a member of the European Parliament for the Deutsch Piraten Partei and one of the two leaders who opposed this approval. Gunnar Beck was the other Parliament member who voted against it, representing the Alternative for Germany (AfD) party. Source t.me/Binance_Coinbase_Bybit
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💰 Cathie Wood doubles down on $1.5 million Bitcoin as institutional exposure looms Ark Invest CEO Cathie Wood said Bitcoin could be worth more than $1.5 million per coin if institutions allocate roughly 5% of their portfolios to the digital asset. The firm’s revised outlook, suggesting a potential surge in Bitcoin’s price beyond the $1.5 million mark, aligns with broader expectations for its integration into the global financial system. With major financial institutions yet to fully embrace Bitcoin, Wood anticipates further upward momentum in its value. Source t.me/Binance_Coinbase_Bybit
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💰 Bitcoin on track for seven green months in historic performance streak Bitcoin is poised to achieve a rare feat, closing seven consecutive months with gains, as reported by Glassnode. This streak, initiated in September 2023, echoes a previous record set between March and September 2012, marking only the second occurrence of such a streak in Bitcoin’s history. Notably, the scale of value differs significantly between these periods. In 2012, Bitcoin’s value increased from $4.89 to $12.37, marking a substantial price appreciation of approximately 153%. Source t.me/Binance_Coinbase_Bybit
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💰 Bitcoin (BTC) Price Recovers But Danger Still Looms: QCP Capital Bitcoin’s setback below $61,000 triggered a market-wide correction. Despite the inflow of fresh capital, the leading crypto asset registered 15% in weekly losses at one point after hitting new all-time highs earlier this month. QCP Capital’s analysis suggests that the Bitcoin bull market is far from over while simultaneously highlighting a continued liquidity rotation, which is likely to propel the asset to new highs post-halving. Having said that, a “violent” near-term correction due to lingering leverage might transpire. Source t.me/Binance_Coinbase_Bybit
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