solana etf approval unlikely sec

The US Securities and Exchange Commission (SEC) is unlikely to approve spot exchange-traded funds (ETFs) based on Solana or other cryptocurrencies. This was stated by JPMorgan analyst Nikolaos Panigirtzoglu. "We doubt it.

The SEC's decision to approve an ETF has been delayed, given the uncertainty about whether to classify Ethereum as a security or not," he explained. The expert recalled the regulator's position, which considers most digital assets as securities. The situation could change with new legislation, but it does not currently exist.

As of May 23.

#cryptocurrency #ETF #SEC #Solana #JPMorgan

Bitcoin halving statistics

Statistics on halvings:

On average, the yield was 59% after 90 days. After 180 days, it was 373%.

The average annual hyper-yield is due to the result of growth after the first halving (7851%). Cryptogram
Exchanges: ByBit, BingX

#Bitcoin #Cryptocurrency #Halving #Investing #Trading

permissions to prevent access ``` Trump's stance on cryptocurrencies ```

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News:
Bitcoin has returned to $70,000
Bitcoin is back on top!

Donald Trump and Cryptocurrencies
1. 2018: Trump stated that cryptocurrencies are used for illegal activities and require strict regulation. 2.

2019: Cryptocurrencies are too volatile and their price is "taken from the ceiling". 3. 2021: Trump called Bitcoin a scam.

4. 2024: Trump unexpectedly changed his

#cryptocurrency #bitcoin #security #trump #blockchain

Cryptocurrency market decline

The cryptocurrency market has been experiencing a significant decline in recent weeks, with the total market capitalization falling by over 30% in the past month.

This represents a decline of over 30% in just a few weeks. The decline in the cryptocurrency market has been driven by a number of factors, including the ongoing COVID-19 pandemic, which has led to a decline in investor confidence and a decrease in trading volumes. Additionally, global economic uncertainty has also played a role, with many investors becoming increasingly risk-averse and seeking safer assets.

Furthermore, the lack of regulatory clarity in the industry has also contributed to the decline.

#cryptocurrency
#marketcapitalization
#cryptoslate
#kraken
#regulatoryclarity

Answer: Bitcoin has risen by 420%

Bitcoin has risen by 420% since Kramer declared it a scam on live TV.

Top cryptocurrencies today:

BTC - $68,457.61, down 0.87%
ETH - $3,900.42, up 3.89%
USDT - $0.9997, down 0.01%
BNB - $603.46, up 0.20%
SOL - $164.94, down 0.85%
USDC - $1.0001, up 0.02%
XRP - $0.5260, down 2.24%
DOGE - $0.1649, down 3.67%
TON - $6.359, down 0.23%

Total market capitalization: $2.57T, up 10.57%
Trading volume: $65.34B, up 2.46%
Fear and greed index: 64, neutral

#cryptocurrency #cryptomarket #cryptonews #cryptotrading #cryptoprices

Bitcoin runes technology

In 2023, well-known blockchain engineer Casey Rodarmor introduced Bitcoin Ordinals to the community, allowing NFT minting in the first cryptocurrency's ecosystem. This year, an even more significant event took place, as Casey Rodarmor developed the Runes technology. Bitcoin will never be the same again.

Bitcoin will never be the same again. The launch of Runes Bitcoin has significantly changed the ecosystem's landscape, making it a direct competitor to Ethereum. Let's explore how Bitcoin Runes work and whether it's worth investing in them.

Let's explore how Bitcoin Runes work and whether it's worth investing in them.

#Bitcoin #NFT #Blockchain #Runes #Ethereum

Whale Identified with Significant Ethereum Ownership

Whales have been buying Ethereum for a long time! For instance, a particular whale with 650 million US dollars in ETH, equivalent to 173.7 thousand ETH, was identified.

This address earned over 200 million dollars from owning ETH.

#EthereumWhales #CryptoInvestment #MassiveETHBuy #DBSSingapore #EthereumProfit

DBS Bank holds 170,000 ETH.

DBS Bank, the largest bank in Singapore, holds over 170,000 ETH, valued at $650 million, in its balance. We trade on Bybit.

#DBSBank #SingaporeBanking #CryptoHoldings #ETHInvestment #BybitTrading

Bitcoin-ETF IBIT Asset Benchmark Record

Bitcoin-ETF IBIT from BlackRock has reached a benchmark of $20 billion in assets in 137 days. This is an absolute record among any ETFs. The closest competitor is the JPMorgan Equity Premium Income ETF, which reached $20 billion in 985 days, seven times longer.

#BitcoinETF #BlackRock #IBIT #20BillionAchievement #JPMorganEquityPremiumIncome

📢 One of the biggest risks for cryptocurrencies is that they could be classified as securities - this will limit their use and scare off many investors.

While the SEC has not explicitly stated that Ethereum is a commodity, ETFs are described as “commodity-based trust shares.”

✅ So now people definitely don't have to worry about Ethereum suddenly being classified as a security.

This will allow anyone to buy ETH without fear of legal consequences, which is very important for the mass acceptance of cryptocurrencies.

👉 Bloomberg predicts that ETH ETFs will attract “10-15% of BTC ETF inflows,” which is about $5.6 billion.

👉 All this will have a positive impact on the entire Ethereum ecosystem, since ETH is actively used in almost all applications and L2/L3 networks, such as Arbitrum, Optimism, Blast, Base, zkSync and so on.

🟢 P.S. Ethereum ETFs have not yet launched, but will in the coming months.

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"Rashon Russel's Cryptocurrency Fraud Conviction"

On May 30, a New York court sentenced Rashon Russel, a former employee of the German investment bank Deutsche Bank, to 41 months in prison for cryptocurrency fraud. According to the US Department of Justice, from November 2020 to August 2022, Russel managed the R3 crypto fund.

From September 2021 to June 2023, Russel deceptively obtained at least 97 credit/debit cards and at least 43 identification cards through fraudulent means.

#DeutscheBankFraud #R3CryptoScam #RashonRussel #CryptocurrencyFraud #IdentityTheft

"Downtrend in morning's cryptocurrency market."

Market conditions this morning

The market is under a downtrend today, with most alts in the red. BTC is currently trading around $68,300, while ETH is going for about $3,740. Bitcoin dominance: 54.62%;
Fear and Greed Index: 73 (Greed);
Altseason Index: 35;
Market Cap: $2.46 trillion.

Bitcoin dominance: 54.62%;
Fear and Greed Index: 73 (Greed);
Altseason Index: 35;
Market Cap: $2.46 trillion.

#MarketDowntrend
#BTC68k
#ETH3.7k
#BitcoinDominance
#MarketCap2.46T

Preparing NYSE for Cryptocurrency Trading.

"NOT PRICE - WHAT TO DO? NYSE PREPARES FOR CRYPTOCURRENCY TRADING! HAMSTER COMBAT WHEN THE COIN?

HAMSTER COMBAT WHEN THE COIN? Live broadcast at 10:00 MSK."

#CryptocurrencyTrading #NYSE #LiveBroadcast #HamsterCombat #CoinLaunch

Cryptocurrency Market Capitalization and Exchanges

Top 25 assets by market capitalization. Bitcoin is in 9th place, while Ethereum is in 24th. Exchanges: ByBit, BingX.

#Top25Assets #MarketCapitalization #Bitcoin #Ethereum #CryptoExchanges

Cryptocurrency Updates and Developments

1. Tonkeeper has introduced gasless payments in USDT and NOT, simplifying access to TON.

2. DBS Bank from Singapore holds 173,753 ETH (approximately $650 million), which is 1.4% of the Ethereum supply.

Criminal cases have been initiated in the Krasnoyarsk region about cryptocurrency mining using illegally obtained electricity. 4. Joe Biden will send a delegation to the inauguration of Salvador Nayib Bukele.

Cryptocurrencies may be discussed. 5. Elon Musk is advising Donald Trump on digital assets.

#TonkeeperGaslessPayments #DBSBankETHHoldings #IllegalCryptoMining #BidenBukeleCryptocurrency #MuskAdvisesTrump

"Bitcoin Runes: Revolution in Cryptocurrency Ecosystem"

In 2023, blockchain engineer Casey Rodarmore introduced Bitcoin ordinals into the Bitcoin community, allowing NFTs to be minted in the cryptocurrency ecosystem. That same year, he introduced Runes technology, which was a revolution for Bitcoin.

Runes Bitcoin changed the landscape of the ecosystem by matching it with Ethereum. But what are Bitcoin runes and is it worth investing in them? Bitcoin runes are simply fungible tokens created separately.

Bitcoin runes are simply fungible tokens created separately.

#Блокчейн2023
#БиткоинОрдиналы
#РеволюцияRunes
#BitcoinРуны
#ИнвестицииВКриптовалюту

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