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🔵Gary #Gensler, SEC chair, spoke at Bloomberg Invest Summit. He mentioned the #EthereumETF approval process is progressing smoothly.

🔵He Claims "there's nothing inconsistent about #crypto securities and the securities laws," as they relate to #cryptocurrency.

🔵Highlights that many crypto tokens are considered securities.

#Ether #CryptoNews
Top #CryptoNews in Past 12 Hours

1️⃣SEC Chairman
#Gensler stated that the #EthereumETF review "progressing smoothly" but gave no completion date.

2️⃣
#VanEck waived fees for its #Ethereum #ETF until 2025 or $1.5 billion in assets, then 0.2% fee.

3️⃣Florida Republican Congressman Matt Gaetz introduced a bill for federal income taxes to be paid via
#Bitcoin.

4️⃣Bitcoin spot ETFs had a net inflow of $31.0131M on June 25 after 7 days of outflows.

5️⃣Two men sentenced for manipulating
#HYDRO cryptocurrency price.

6️⃣German Government transferred 250 BTC (125 BTC each)( $15.42M) to
#Bitstamp and #Kraken. & transferred 345 BTC ($20.99M) to Flow Trader; wallet holds 45K BTC remaining.

7️⃣
#Binance Will delist $SHIB, $LINK, $Blur, $MEME, $Metis, $NFP, and $OSMO;

8️⃣ Bowman lost NY 16th election to George Latimer; Fairshake's $2M anti-Bowman ads signal pro-crypto influence.

9️⃣SEC Chair
#Gensler's comment on crypto executives going to jail criticized by industry leaders, including #Ripple CEO.
Top #CryptoNews This Week

1️⃣
#Bitcoin prices fell 8% to $53,918 on Friday, marking their lowest since late Feb.

2️⃣
#MtGox Trustee repaid Bitcoin and Bitcoin Cash to creditors via crypto exchanges on July 5

3️⃣
#Fed's Powell noted more progress needed before cutting rates, despite tackling inflation issues

4️⃣ U.S. Marshals Service partnered with
#Coinbase Prime for custody and trading of digital assets

5️⃣ Bloomberg analyst predicted
#EthereumETF might start trading around July 15 after resubmissions

6️⃣ German lawmaker criticized the government for selling $195 million in
#Bitcoin, causing market volatility

7️⃣
#Circle began issuing USDC and EURC in the EU under new MiCA regulations from July 1

8️⃣
#Grayscale remained optimistic about crypto valuations recovering, predicting an Ethereum ETP in Q3

9️⃣ Sony acquired Amber Japan, renamed it S.BLOX & planned enhancements for crypto trading services

🔟
#Vitalik proposed faster transaction confirmation methods for #Ether using Single-Slot Finality
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This week, all eyes are on Jerome Powell's testimony, alongside crucial #CPI & #PPI data releases that will sway Yields & DXY.

Excitement mounts as the
#Ethereum ETF gears up for trading debut on July 15th.

Anticipate a bullish outlook for
#Bitcoin this week!

If SEC: “The
#EthereumETF is denied”

#Vitalik:😂😂
🇺🇸 Key Events This Week in #Crypto

🔵July 23 (Tuesday):
#EthereumETF Launch

🔵July 25 (Thursday): US #GDP Q2

🔵July 27(Saturday) : #DonaldTrump to Speak at #Bitcoin Conference

#USElections #Joebiden #Cryptomarket
BREAKING : #BlackRock’s iShares website is focusing on the launch of the #EthereumETF.
Breaking: 💰Spot #EthereumETF trading officially live.
ETH ETFs See Positive Flow for First Time

🔵BlackRock's “ETHA” leads with a $118M inflow.

🔵Fidelity’s “FETH” follows with $16.4M.

🔵Grayscale’s “ETH” adds $12.4M.

🔵Franklin’s “EZET” and Bitwise’s “ETHW” contribute $3.7M and $3.5M, respectively.

🔵Grayscale’s “ETHE” experiences a $120.3M outflow for the sixth consecutive day.

Total daily flow amounts to +$33.7M.

#EthereumETF #Crypto

Source:https://farside.co.uk/?p=1518