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πΊπΈ Joe Biden is also entering the cryptocurrency election race.
In just 2 weeks, the SEC has changed its mind and is now in favor of an ETH ETF.
It is a completely unprecedented situation, which means it's entirely political
Haseeb (Dragonfly):
Biden is going to soften on crypto going into the election. He doesn't want to lose votes in a tight race for the presidency.
Not a total reversal, mind you... but Biden will soften enough that he won't lose the crypto vote wholesale.
President Joe Biden could score a win via the SEC approving spot ether ETFs.
...keep watching π
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πͺ Bitcoin has the 9th largest market capitalization of any global asset! π
πΉ Ethereum is in 26th place so far.
When bitcoin's price is $111,000, it will enter the top 5.
Put up lights to make it happen faster
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π― Rumor has it that the SEC is reviewing its decision on the Ethereum Spot ETF and may approve it this week.
πΌThe price of ETH soared 16 percent to over $3,600 in a matter of minutes.
Many people can't even imagine how bullish ETH ETF approval will be for cryptocurrencies. Altcoins in particular will see a huge rise. π
Looking forward to the altcoin season?) π₯
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π· If the SEC approves the VanEck fund on Wednesday, ETH prices are likely to pump in the short term.
However, the general consensus is that the SEC will reject them.
The ETH bottom is already in.
Ethereum will get an ETF and the market knows it.
We are going to see a crazy run in Ethereum in the coming months as BTC halving is done and SPOT ETF for ETH is on the way.
...keep watching π
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If success is cheap, everyone would have been successful, if the road to success was straight many would have been enjoying success long ago. But am sorry, its not! If you are expecting your dreams to come through cheaply, then you need a change of mind. Success is not for people who give up easily, its not for lazy people, its not for people who give excuses. Success comes to men who are dedicated, committed and ready to give their dreams all it takes to be fulfilled. So I ask again, what manner of person are you? Someone who gives up easily? Or someone ready to fight through the bad day to earn the days? Think about it!, Have Wonderful Day.
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Tether printed an additional $1 billion in USDT on the TRON network today.
Coingecko data shows that over the past 90 days, the market capitalization of USDT has increased by $2.6 billion, while the market capitalization of USDC has decreased by $4.6 billion.
