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@zabor
πŸš€ #Ethereum Updates: Major news from the US that could be a game-changer for the market. 🧡
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@zabor
πŸ“… Exciting times ahead for the crypto market! #Ethereum #Crypto #Blockchain #Investing #MarketUpdate
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πŸ” We'll discuss the impact of ETF launches and potential pressure from Grayscale's offloading soon. Stay tuned! πŸ’‘ Recent thoughts: Outflows from BTC ETFs might be shifting to ETH ETFs. Big players enjoyed Bitcoin's upside from Jan to May and now eye Ethereum. #ETH #BTC
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πŸ“Š ETHBTC has reversed Monday's losses and is forming a bullish flag under the descending resistance of the last 1.5 years. πŸš€ A breakout could push the price up by 10-15% ahead of the expected ETF trading launches in early July. Exciting times ahead! #Bullish
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πŸ“ˆ Bitwise has filed an updated application for a spot Ethereum ETF. @PanteraCapital is interested in purchasing $100M worth of shares in Bitwise's ETF. https://sec.gov/Archives/edgar/data/2013744/000199937124007581/0001999371-24-007581-index.htm #Investing
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🟒 This means ETH is greenlit for spot ETFs, which don't involve securities transactions. Big win for the #crypto community! #ETF
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πŸ›‘οΈ Ethereum is now officially NOT a security! The SEC has notified @ConsenSys that its investigation into Ethereum has concluded. ETH is classified as a commodity. https://x.com/Consensys/status/1803230653120659641 #Blockchain
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@bigstrongboy
Waiting for a discount rate cut, or at least a direct hint of one....
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