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❓ QCP Capital suggests that the price of ETH could rise by 60% to around $6,000 if spot Ethereum-ETFs are approved in the U.S. 🚀
#investmens
@cryptocur
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Hello, here’s the most important news this morning:
⚡️ The U.S. House of Representatives has approved the FIT21 cryptocurrency bill with bipartisan support. 🇺🇸
🤔 The White House opposes the current version of the FIT21 bill but states that it "seeks to cooperate with Congress" to develop a "balanced regulatory framework" for BTC and cryptocurrencies. 🤝
💸 Eric Balchunas reports that the SEC’s response to the ETH-ETF application could come today, around 11:00 PM Moscow time. ⏰
💬 Fox Business reporter Eleanor Terrett has heard that regulators have begun discussions regarding the S-1 applications for spot ETH-ETFs. 📊
💰 Yesterday’s inflow into spot BTC-ETFs was +$154 million, with inflows continuing for over a week. 📈
#news
@cryptocur
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🐂 Santiment:
Ethereum is experiencing the most bullish sentiment since September. The crowd is in euphoria. 😃
#investmens
@cryptocur
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😳 CryptoPunk #8796 was sold for 52 ETH ($191,596). 💰
#investmens
@cryptocur
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Hello, here’s the most important news this morning:
👍 The Biden administration's stance on cryptocurrencies seems to be softening, positively impacting the industry. 😊
💸 BTC received the correction "we needed," and now it "can continue the upward macro trend," according to analysts. 📈
💰 Yesterday, the net inflow into spot BTC ETFs was +$305.7 million. Inflows have been ongoing for a week. 💵
✅ The ticker for the VanEck spot ETH ETF has been added to the DTCC website. 🌐
📄 Fidelity, VanEck, Invesco/Galaxy, Ark/21Shares, and Franklin have updated their 19b-4 applications for spot ETH ETFs. 📝
👻 The hacker from the Gala Games attack has returned $22 million worth of GALA tokens. 💸
#news
@cryptocur
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🗣️ Santiment: Ethereum is the most talked-about crypto asset on social media. Attention is focused on the SEC's decision to approve the first spot ETH-ETF. 📢
Variant Fund CLO Jake Chervinsky:
If the spot ETH-ETF is approved, it will be a real shock for everyone. Approval could signify a significant shift in US cryptocurrency policy. ⚖️
QCP Capital:
ETH could rise to $5000 if the spot ETH-ETF is approved. 🚀
#investmens
@cryptocur
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🐳 SEC Decision on the Spot Ethereum ETF
▪️ This week, the SEC will make a final decision on the VanEck spot Ethereum ETF. 📅
▪️ Hester Peirce and Mark Uyeda are likely to support the project, while Caroline Crenshaw and Jaime Lizárraga are expected to oppose it. ⚖️
▪️ The vote of SEC Chair Gary Gensler will be decisive, but his stance on the Ethereum ETF remains unclear. ❓
▪️ Bloomberg forecasts show a 25% chance of approval (down from 70% at the beginning of the year). 📉
#investmens
@cryptocur
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Hello, here's all the most important news for this morning:
🏠 The US SEC is requesting exchanges, where ETH-ETF shares are to be traded, to expedite updating their filings (19b-4) with the specified trading conditions for the upcoming ETFs. ETF market analysts have significantly increased the chances of approval, and the market reacted with growth. 📈
💰 Yesterday, the net inflow into spot BTC-ETFs was +$237.2 million. Inflows have continued for six consecutive days. 📊
💸 Galaxy believes that the SEC might not classify ETH itself as a security, but ETH in staking as a security. 🧐
👻 GALA was hacked for $200 million, but the team reported that the hacker's wallet has been frozen. ❄️
👋🏻 Anti-cryptocurrency chairman of the US Federal Deposit Insurance Corporation (FDIC), Martin Gruenberg, will leave his position. 🚪
#news
@cryptocur
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