In a shocking turn of events that no one saw coming, the US Securities and Exchange Commission (SEC) within days approved all applications submitted to it to create an Ethereum [ETH] spot exchange-traded fund (ETF). Yes, you read that right. A regulatory body known for its glacial speed suddenly became as fast as a cheetah on steroids. #crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest #entrepreneur #binance #forextrader #bitcointrading #trader #investor #bitcoincash #litecoin #financeBitwise Chief Investment Officer Matt Hougan expects U.S. spot Ethereum ETFs to attract $15 billion in net inflows over the first 18 months of trading. He arrived at this figure by comparing the market caps of Bitcoin and Ethereum and assuming investors would allocate funds proportionately to their respective exchange-traded products (ETPs). Given that U.S. investors have invested $56 billion in spot Bitcoin ETPs, Hougan estimates that Ethereum spot ETF assets would need to reach $35 billion to reach parity. However, he lowered his estimate to $15 billion after considering international market data and factoring in trade-related assets. T.me/cryptellk
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TON defied market trends last week, rising 7.87% despite Bitcoinβs 5.55% decline and altcoinsβ decline. Factors contributing to TONβs resilience include significant investment from Pantera Capital and Binanceβs USDT integration into the network. Technically, TON is in an uptrend, with the SMA below the daily price and the RSI at 55, indicating continued gains. Additionally, increased whale accumulation and lower exchange outflows suggest confidence in the altcoin. TON is currently trading at $7.50, facing resistance at $7.76 with potential for further gains to $8.24. The 200 EMA is acting as dynamic support, but TON needs to maintain strong support near $6.78 to continue its bullish trend.
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Notcoin (NOT) has seen a brief bullish momentum despite Bitcoin (BTC) struggling to stay above $61k. However, a bearish trend has emerged and the resistance line from early June is likely to fend off the bulls at $0.0171. Fibonacci retracement levels suggest a potential move towards $0.0101 or 78.6% of the retracement. A new higher price high has been broken but is NOT expected to gather liquidity in the $0.016-$0.0165 region before a fresh bearish move. Futures data including spot CVD and open interest do not yet indicate significant bullish confidence. Thank you#crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest #entrepreneur #binance #forextrader #bitcointrading #trader #investor #bitcoincash #litecoin #finance
The 2024 US election is being called the βBitcoin electionβ due to the growing influence of cryptocurrencies and their users. Former President Donald Trump expressed support for cryptocurrency, while the administration of President Joe Biden has been hostile to it. Marathon Digital Holdings CEO Fred Thiel highlighted Trumpβs stance on cryptocurrency and Bidenβs hostility. The Winklevoss twins, founders of Gemini, donated $1 million worth of Bitcoin each to the Trump campaign. This growing influence among crypto enthusiasts poses a challenge to Bidenβs reelection. In the memecoin market, Doland Tremp (inspired by Trump) saw a 20.2% gain, while Geo Boden (inspired by Biden) was down 3.3%.
ππππππππ#crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest #entrepreneur #binance #forextrader #bitcointrading #trader #investor #bitcoincash #litecoin #finance
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Now, liberal commentators and political strategists are calling for another candidate to be nominated, one after another. And even among Democrats, they are not ruling out the possibility that Biden should withdraw from the election. As the New York Times writes, the mood among Democratic Party supporters watching the debates "swung from mild panic to gloomy despair." Trump, as usual, attacked his opponent with a stream of accusations and showered him with distorted facts and even lies (as the same New York Times, which traditionally fact-checks the statements of debate participants, claims), he got personal and called the incumbent president a "loser" - but he looked and sounded much more energetic and confident than Biden. Responding to another crumpled statement by Biden, Trump noted: "I don't understand what he said at the end of that sentence. And he probably doesn't understand it himself!" In addition, Trump did not engage in squabbles with his opponent and the hosts, answered succinctly and did not mince words.
"You have to let Israel finish the job. But Biden does not want that, Biden has become a Palestinian. But he is a bad Palestinian because he is weak," Trump said, commenting on the current situation in Gaza. #crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest #entrepreneur #binance #forextrader #bitcointrading #trader #investor #bitcoincash #litecoin #finance#stocks #coinbase #xrp #forextrading #dogecoin #binaryoptions #bitcoinprice #cryptoworld #cryptoinvestor #forexsignals #stockmarket #altcoin #hodl #nfts #ripple #motivation #cryptoart #success #blockchaintechnology #cryptomining #wealth #nftart #mining #binary #altcoins #financialfreedom #trade #art #usa #forexlifestyle
"You have to let Israel finish the job. But Biden does not want that, Biden has become a Palestinian. But he is a bad Palestinian because he is weak," Trump said, commenting on the current situation in Gaza. #crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest #entrepreneur #binance #forextrader #bitcointrading #trader #investor #bitcoincash #litecoin #finance#stocks #coinbase #xrp #forextrading #dogecoin #binaryoptions #bitcoinprice #cryptoworld #cryptoinvestor #forexsignals #stockmarket #altcoin #hodl #nfts #ripple #motivation #cryptoart #success #blockchaintechnology #cryptomining #wealth #nftart #mining #binary #altcoins #financialfreedom #trade #art #usa #forexlifestyle
Crypto analyst CrypNuevo expects a potential reversal in Bitcoin and the cryptocurrency market in connection with the release of consumer price index data on July 11. A rate cut may be imminent, leading to aggressive price increases in the cryptocurrency market. The analyst also discusses the $53,400 wick value on the one-day BTC chart, expecting at least 50% of it to be filled and potentially seeing a bounce from that level if the price falls to it. However, there is a possibility that the price will fill the entire wick and fall further down, with the next support level for the bulls being $51,700. (#btc : ) #stocks #coinbase #xrp #forextrading #dogecoin #binaryoptions #bitcoinprice #cryptoworld #cryptoinvestor #forexsignals #stockmarket #altcoin #hodl #nfts #ripple #motivation #cryptoart #success #blockchaintechnology #cryptomining #wealth #nftart #mining #binary #altcoins #financialfreedom #trade #art #usa #forexlifestyle
Crypto transactions in Africa to reach $117.1 billion in 2023, with Bitcoin dominating but stablecoins gaining momentum. Solana is driving crypto adoption in Africa through partnerships and scalable blockchain solutions. Weak currencies and inflation are the main drivers of crypto adoption in Africa, leading to a surge in stablecoin usage. Over 6 million Kenyans, 5 million South Africans and over 22 million Nigerians currently own or use cryptocurrency, with rapid growth predicted.
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Solana SOL price has started to recover from the $128 zone, up 6%. Bulls are aiming to reclaim the $150 level, as the price is now above $135 and the 100-hour simple moving average. A break above $144 could lead to further gains to $150 or even $155. However, resistance could be found around $144, with major support at $136 and $128. If SOL fails to rise above $144, it could decline to $112. Hourly MACD is in the bullish zone, and RSI is above 50 (#btc : ) #stocks #coinbase #xrp #forextrading #dogecoin #binaryoptions #bitcoinprice #cryptoworld #cryptoinvestor #forexsignals #stockmarket #altcoin #hodl #nfts #ripple #motivation #cryptoart #success #blockchaintechnology #cryptomining #wealth #nftart #mining #binary #altcoins #financialfreedom #trade #art #usa #forexlifestyle
βοΈβοΈ#stocks #coinbase #xrp #forextrading #dogecoin #binaryoptions #bitcoinprice #cryptoworld #cryptoinvestor #forexsignals #stockmarket #altcoin #hodl #nfts #ripple #motivation #cryptoart #success #blockchaintechnology #cryptomining #wealth #nftart #mining #binary #altcoins #financialfreedom #trade #art #usa #forexlifestyle
Lionel Messi, the famous footballer, promoted the Solana-based Watercoin (WATER) memecoin to his 504 million Instagram followers on Monday. The post led to a sharp rise in the price of WATER, which rose more than 350% from $0.00032 to $0.0015. Messiβs endorsement raised concerns in the crypto community due to past incidents of hacking public figuresβ social media accounts. However, Messiβs post was not deleted and no official announcement was made about the hack.βοΈβοΈ#stocks #coinbase #xrp #forextrading #dogecoin #binaryoptions #bitcoinprice #cryptoworld #cryptoinvestor #forexsignals #stockmarket #altcoin #hodl #nfts #ripple #motivation #cryptoart #success #blockchaintechnology #cryptomining #wealth #nftart #mining #binary #altcoins #financialfreedom #trade #art #usa #forexlifestyle β€οΈβ€οΈβ€οΈβ€οΈβ€οΈβ€οΈ
The TON blockchain introduces a new Layer 2 network called TON Applications Chains (TAC) based on Polygon technology. TAC aims to make TON #altcoin compatible with the Ethereum Virtual Machine (EVM), allowing EVM applications to run on the TON ecosystem and allowing ETH developers to create advanced programs for Telegram users. This compatibility and scalability will attract various developers and decentralize applications on the platform, as well as help develop DeFi applications for the Toncoin ecosystem. The project uses the Polygon Chain Development Kit (CDK) and AggLayer to solve the problem of blockchain fragmentation. TON was trading at $7.36 after falling 7.08% over the past seven days, but is experiencing a consolidation phase with a neutral market condition, according to technical analysis.βββββπͺπͺπͺπͺπππ
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Celestia (TIA) has seen a massive gain of 41.72% in the last seven days and 2.52% in the last 24 hours, according to Coinmarketcap. The surge has traders optimistic about a potential 231% rally to $24. However, some analysts are skeptical, arguing that recent gains cannot cover losses during the extended bearish trend.
Bitcoin price has surpassed $66,000 but is now correcting and trading below $65,500. The price may continue to decline to $64,000. A new rally may occur if it holds above the $64,000 support zone. Key resistance lies at $65,250 and $65,500. If Bitcoin fails to rise above $65,500, further losses to $62,650 may occur. Technical indicators show a bearish MACD and RSI below 50. Support levels are $64,200 and $64,000; resistance is at $65,250 and $65,500.
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ββπMarket Overview
Bitcoin trades below $64K. The top-10 cryptos are traded in green zone:
Solana +1.97%
Toncoin +1.48%
Ethereum +1.42%
Market capitalization: $2.38T (+0.77%)
The BTC dominance: 52.98% (-0.43%)
Fear & Greed Index: 50 (Greed)
π Top Gainers
BitBoard +684%
mfercoin +98.7%
Joe Coin +69.2%
Sillynubcat +59.5%
Pesto the Baby King Penguin +57.1%
π Recent Funding Rounds
ββRD Technologies $7.8M Pre-Series A round with participation from Solana Ventures, HongShan, SNZ Holding, Aptos, Anagram Crypto, and others
SecondLive $12M Private Token Sale led by Crypto.com Capital with participation from Spark Digital Capital, Cypher Capital, CSP DAO, and others
ββMeshMap $4M Funding round with participation from Andreessen Horowitz (a16z), Balaji Srinivasan, GSR, Lattice, Colosseum, and others
Bitcoin trades below $64K. The top-10 cryptos are traded in green zone:
Solana +1.97%
Toncoin +1.48%
Ethereum +1.42%
Market capitalization: $2.38T (+0.77%)
The BTC dominance: 52.98% (-0.43%)
Fear & Greed Index: 50 (Greed)
π Top Gainers
BitBoard +684%
mfercoin +98.7%
Joe Coin +69.2%
Sillynubcat +59.5%
Pesto the Baby King Penguin +57.1%
π Recent Funding Rounds
ββRD Technologies $7.8M Pre-Series A round with participation from Solana Ventures, HongShan, SNZ Holding, Aptos, Anagram Crypto, and others
SecondLive $12M Private Token Sale led by Crypto.com Capital with participation from Spark Digital Capital, Cypher Capital, CSP DAO, and others
ββMeshMap $4M Funding round with participation from Andreessen Horowitz (a16z), Balaji Srinivasan, GSR, Lattice, Colosseum, and others
ππ»ππΎπThree AI-related meme coins are showing gains: ai16z, GoaTsEus MaximUS, and Turbo! Each of them has its own upside potential, but investor sentiment will play a decisive role in their success. οΈ ai16z is up 35%, breaking resistance at $0.210. Further gains are needed to reach the next resistance at $0.321. π GoaTsEus MaximUS is testing the $0.080 resistance level with a potential target of $0.102 if the momentum maintains. Failure to break above this level could lead to a decline to $0.064. οΈ Turbo has shown an impressive 104% gain in a week, but is facing resistance at $0.0048. For further upward movement, Turbo must turn this level into support and aim for the $0.0068 target. Failure to hold above $0.0048 could trigger a decline. π Stay tuned: we continue to monitor
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