Crypto Future
#ZRXππ potential coin.. Few days ago I posted this.. from there it's going up n up..
#ZRX going good .. Those who r holding it no need to sell.. It may hit 20k soon..
Crypto Future
#NPXS buy some partially at 58.. and place buy bid around 50-52 Sats..
#NPXS - Congratulations to those whose orders got filled around 50-52 Sats.. We need to prepare for both the sides of market.. That's y I said to buy partially..
Crypto Future
#NPXS - Congratulations to those whose orders got filled around 50-52 Sats.. We need to prepare for both the sides of market.. That's y I said to buy partially..
#NPXS came down to 49 Sats..So luckily our orders got filled at 50-52 Sats..
Crypto Future
So everyone is talking about ETF these days.. If it gets approved by SEC then BTC will go to moon..we probably see BTC at $50k or even more.. Stay tuned ,I will give more updates regarding theseππ What is ETF ,What is SEC and why it needs to be approvedβ¦
So everyone is talking about ETF now.. ETFs will pump bitcoin to All time high,this and that... what exactly ETF is...Why BTC will pump becoz of ETF approval..!!!??
Crypto Future
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To clear this...
"An ETF is a type of fund that owns the underlying assets (shares of stock, bonds, oil futures, gold bars, foreign currency, etc.) and divides ownership of those assets into shares."
"An ETF is a type of fund that owns the underlying assets (shares of stock, bonds, oil futures, gold bars, foreign currency, etc.) and divides ownership of those assets into shares."
So Bitcoin itself would actually have to be purchased for whatever ETF is allowed to launch...
Yes ,this is not the first time that they applied for ETF...
They applied for ETF last year as well..But it got rejected due to some reasons...
They applied for ETF last year as well..But it got rejected due to some reasons...
Crypto Future
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Look at this chart..
The higlighted daily Candle is the day that this decision was made.
The higlighted daily Candle is the day that this decision was made.
Crypto Future
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When ETF attempt was made in 2016 (the year before last when the last rejection occurred), and it was ruled a 'no' by the SEC.
Crypto Future
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That was one as an application put in by SolidX Bitcoin Trust.
U can see the massive dump after that..
U can see the massive dump after that..
I'm not sure how the intersection of all of these factors will change things.
I am, however, bearish on this ETF proposal being approved because the reasons for declining the request before were the exact same issues that they would have with Bitcoin now
I am, however, bearish on this ETF proposal being approved because the reasons for declining the request before were the exact same issues that they would have with Bitcoin now