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Mordi Goldstein

@mordi

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Mordi Goldstein pfp
Mordi Goldstein
@mordi
Hey all 👋 I’m working a social media data analysis tool. I’m looking for some general feedback and advice. Anyone open to chatting? Please DM me.
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Mordi Goldstein pfp
Mordi Goldstein
@mordi
Hey all 👋 I’m working a social media data analysis tool. I’m looking for some general feedback and advice. Anyone open to chatting? Please DM me.
1 reply
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Mordi Goldstein pfp
Mordi Goldstein
@mordi
Hey all 👋 I’m working a social media data analysis tool. I’m looking for some general feedback and advice. Anyone open to chatting? Please DM me.
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Mordi Goldstein
@mordi
Any Solana devs here looking for some freelance work? DM me
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Mordi Goldstein
@mordi
Hey :) Would you be open to working with a freelancer?
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Mordi Goldstein
@mordi
Enjoy this post? Please give it a 👍 and consider sharing it ♲ Don't forget to follow @Mordi and check the link in my bio for 3 ways I can help you.v
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Mordi Goldstein
@mordi
↳ There are big questions about the general direction of the US economy and markets. Ethereum's price will, as always, be significantly influenced by the macro-economic picture. PS: This could all turn out to be nothing. The SEC might not approve the ETFs and the price could crash. Only time will tell.
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Mordi Goldstein
@mordi
The longer-term outlook: ↳ Approving an Ethereum now is a US government policy shift. This could indicate a broader shift towards a more friendly attitude. ↳ Ethereum is an institutional-friendly asset. It has cashflows. It is easy for traditional investors to understand. Expect significant institutional adoption
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Mordi Goldstein
@mordi
𝗦𝗼, 𝘄𝗵𝗮𝘁 𝗵𝗮𝗽𝗽𝗲𝗻𝘀 𝗻𝗲𝘅𝘁? Of course, nobody really knows. But here are some thoughts: The short-term outlook: ↳ It appears likely that we will get approvals for Ethereum ETFs this week. ↳ This will probably send markets higher ↳ How much higher? Nobody knows.
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Mordi Goldstein
@mordi
3. A significant percentage of Ethereum is tied up. Ethereum's market cap is roughly one-third of Bitcoin's. A flood of institutional capital will affect the price of Ethereum dramatically.
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Mordi Goldstein
@mordi
1. ETFs allow massive institutions and regular members of the public to purchase Ethereum easily. An Ethereum ETF effectively opens the floodgates. 2. An Ethereum ETF gives tremendous legitimacy to Ethereum and the industry.
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Mordi Goldstein
@mordi
Ethereum rocketed up. It almost hit $3700 📈 Why? Why are these ETFs a big deal?
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Mordi Goldstein
@mordi
🚨 The SEC reportedly asked applicants to update some of the filings they had made urgently. This may not sound like much, but it happens when they work towards approving the application. Bloomberg analysts increased the probability of approval from 25% to 75%. This sent the market charging higher.
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Mordi Goldstein
@mordi
➤ Applications to create Ethereum ETFs were put into the SEC over the last few months. The SEC has a deadline of 23 May to make a decision about approving the ETFs. They can also choose to delay the decision by a few months. Until now, everyone was expecting them to delay the decision. But yesterday, news broke❗
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Mordi Goldstein
@mordi
ℹ️ The Securities and Exchange Commission (SEC) is a US government body. They oversee ETFs and other securities. They approve the creation of these investment vehicles.
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Mordi Goldstein
@mordi
In case you have no idea what I'm talking about, here's the full story: ➤ For months, crypto ETFs have been the talk of the market. Bitcoin ETFs launched in the US earlier this year. Their launch sent BTC to new all-time highs. The Bitcoin ETFs were the most successful ETF launches ever in the US 🤯
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Mordi Goldstein
@mordi
24 hours, everything was different. Ethereum went up almost 20% in less than 24 hours. What is going on?? Want the tl;dr? It looks likely that the SEC might approve an Ethereum ETF this week.
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Mordi Goldstein
@mordi
Hey 👋 I can help with this. Please DM me
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Mordi Goldstein pfp
Mordi Goldstein
@mordi
Enjoy this post? Please give it a ❤️ and consider sharing it ♲ Don't forget to follow @Mordi and check the link in my bio for 3 ways I can help you.
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Mordi Goldstein
@mordi
Many people make the mistake of assuming that customers know the solutions. But jumping straight to solution brainstorming with customers doesn't work. Rather, start with a deep understanding of the customer's problem.
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