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When I decided to fix a profit on the crypto market π€£
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Fidelity Removes Staking Clause from Its Ethereum ETF
π Fidelity has amended its S-1 filing for the spot Ethereum ETF, specifically removing the clause about ETH staking.
βοΈ This aligns with previous information suggesting that the SEC may recognize that Ethereum itself is not a security, while staked ETH is considered one.
π It seems the chances of Ethereum ETFs being approved in May are increasing daily. Previously, ARK 21Shares also made a similar change. The SEC has a deadline of May 23 and 24 to decide on ETF applications from VanEck and ARK Invest.
Are you ready for the Ethereum rally? π
π Fidelity has amended its S-1 filing for the spot Ethereum ETF, specifically removing the clause about ETH staking.
βοΈ This aligns with previous information suggesting that the SEC may recognize that Ethereum itself is not a security, while staked ETH is considered one.
π It seems the chances of Ethereum ETFs being approved in May are increasing daily. Previously, ARK 21Shares also made a similar change. The SEC has a deadline of May 23 and 24 to decide on ETF applications from VanEck and ARK Invest.
Are you ready for the Ethereum rally? π
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Hype Around Potential Ethereum Approval is Growing
π In Twitter reports that Standard Chartered predicts the approval of spot ETFs for Ethereum this week, with an influx of $45 billion in capital over the year.
π Additionally, there is information about an SEC request to NASDAQ and CBOE exchanges to make amendments to their ETF applications.
βοΈ There are increasing arguments in favor of approval, but let's not lose our heads. The Bitcoin ETF saga was full of fakes, and this could repeat. π§ In case of a positive decision, ETH could break the $4,000 price ceiling and easily reach π $5,000 on momentum. However, if the ETH ETF is rejected, Ethereum's price could fall back to the $3,000 level or even lower.
π In Twitter reports that Standard Chartered predicts the approval of spot ETFs for Ethereum this week, with an influx of $45 billion in capital over the year.
π Additionally, there is information about an SEC request to NASDAQ and CBOE exchanges to make amendments to their ETF applications.
βοΈ There are increasing arguments in favor of approval, but let's not lose our heads. The Bitcoin ETF saga was full of fakes, and this could repeat. π§ In case of a positive decision, ETH could break the $4,000 price ceiling and easily reach π $5,000 on momentum. However, if the ETH ETF is rejected, Ethereum's price could fall back to the $3,000 level or even lower.
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Crypto soothsayer
Gala Games Hacked for ~$200 Million π€ An unknown hacker breached the Gala Games project and minted 5 billion GALA tokens worth approximately $236 million. π The hacker managed to exchange GALA for 5913 ETH (not bad considering its price now huh? π) Laterβ¦
Hacker Returns Stolen ETH to Gala Games!
Former Gala Games President Jason Brink announced that the hacker has returned the stolen ETH.
The unknown individual transferred 5913 ETH back to the compromised address.
Former Gala Games President Jason Brink announced that the hacker has returned the stolen ETH.
The unknown individual transferred 5913 ETH back to the compromised address.
X (formerly Twitter)
Jason Brink aka BitBender (@BitBenderBrink) on X
Not at my computer so I can't confirm the address, but it looks like the $GALA exploiter has just returned the ETH they got from the hack!
https://t.co/IfnfcQTlqL
https://t.co/IfnfcQTlqL
π88β€52π44πΎ35π€7π₯΄7β€βπ₯2
β Hello folks! It's time for our daily giveaway for our most loyal followers! You can see the results of last giveaway on the Daily Drops channel. Now let's move on to today's giveaway.
Here's what to do:
1οΈβ£React to this message with πΎ emoji
2οΈβ£Share this message with a friend
3οΈβ£Fill out the Google form.
4οΈβ£To be subscribed to Daily Drops channel, where the results will be posted
π°The prize pool of $50 will be distributed as follows:
βΎοΈ1st place - $20 USDT
βΎοΈ2nd place - $10 USDT
βΎοΈ3rd place - $8 USDT
βΎοΈ4th place - $4 USDT
βΎοΈ5th place - $4 USDT
πAll payments will be made in $TON at the current exchange rate at the time of the giveaway. Five winners will be randomly selected using a randomizer.
βοΈ You need to provide a TON-wallet address to which we will transfer the funds you win. If the address is incorrect, we will simply choose the next participant on the list. Do not provide exchange wallets because without a tag your funds will simply be lost.
βοΈ The form must be filled out within four hours of the publication of this post. The results of the draw will be announced after processing the data from the form and further giveaway on the Daily Drops channel. And do not fill out the form several times. Such accounts will still be disqualified!
Here's what to do:
1οΈβ£React to this message with πΎ emoji
2οΈβ£Share this message with a friend
3οΈβ£Fill out the Google form.
4οΈβ£To be subscribed to Daily Drops channel, where the results will be posted
π°The prize pool of $50 will be distributed as follows:
βΎοΈ1st place - $20 USDT
βΎοΈ2nd place - $10 USDT
βΎοΈ3rd place - $8 USDT
βΎοΈ4th place - $4 USDT
βΎοΈ5th place - $4 USDT
πAll payments will be made in $TON at the current exchange rate at the time of the giveaway. Five winners will be randomly selected using a randomizer.
βοΈ You need to provide a TON-wallet address to which we will transfer the funds you win. If the address is incorrect, we will simply choose the next participant on the list. Do not provide exchange wallets because without a tag your funds will simply be lost.
βοΈ The form must be filled out within four hours of the publication of this post. The results of the draw will be announced after processing the data from the form and further giveaway on the Daily Drops channel. And do not fill out the form several times. Such accounts will still be disqualified!
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Every day crypto π² drops! Subscribe to everyday earnings!
πΎ617π136β€79π₯25π₯°12π9π«‘6π€·ββ5π€―4π2
Forwarded from Daily Drops
π Congratulations to the winners of the first cash prize giveaway from the Crypto Soothsayer channel!
βͺοΈ1st place - $20 USDT - @Ndomabarida
βͺοΈ2nd place - $10 USDT - @AyobamiBasit
βͺοΈ3rd place - $8 USDT - @Toxickun01
βͺοΈ4th place - $4 USDT - @Wonderz001
βͺοΈ5th place - $4 USDT - @Tari_7
π° All prizes have been paid to the winners in $TON at the current exchange rate.
β‘οΈStay with Crypto Soothsayer to keep up with the latest news from the world of cryptocurrencies!
βͺοΈ1st place - $20 USDT - @Ndomabarida
βͺοΈ2nd place - $10 USDT - @AyobamiBasit
βͺοΈ3rd place - $8 USDT - @Toxickun01
βͺοΈ4th place - $4 USDT - @Wonderz001
βͺοΈ5th place - $4 USDT - @Tari_7
π° All prizes have been paid to the winners in $TON at the current exchange rate.
β‘οΈStay with Crypto Soothsayer to keep up with the latest news from the world of cryptocurrencies!
π205π101β€79πΎ55π15π₯°10π₯9β‘8π₯΄4
Today is Bitcoin Pizza Day!
π Exactly 14 years ago, programmer Laszlo Hanyecz paid 10,000 BTC for two pizzas.
At that time, he spent just ~$40, but now those BTC are valued at $700 million. π€·
The transaction of 10,000 BTC for pizza delivery went down in history not only for its shortsighted nature but also because it became the first commercial transaction in Bitcoin history. Before that, no one had purchased goods or services with cryptocurrency. π§
How much do you think these two pizzas will be worth in a year?
βͺοΈ$1 billion - π
βͺοΈ$2 billion - π₯
βͺοΈ Less than today - π€―
βͺοΈ I don't like pizza, I don't care π
π Exactly 14 years ago, programmer Laszlo Hanyecz paid 10,000 BTC for two pizzas.
At that time, he spent just ~$40, but now those BTC are valued at $700 million. π€·
The transaction of 10,000 BTC for pizza delivery went down in history not only for its shortsighted nature but also because it became the first commercial transaction in Bitcoin history. Before that, no one had purchased goods or services with cryptocurrency. π§
How much do you think these two pizzas will be worth in a year?
βͺοΈ$1 billion - π
βͺοΈ$2 billion - π₯
βͺοΈ Less than today - π€―
βͺοΈ I don't like pizza, I don't care π
π306πΎ96π64π₯56β€40π€―14π6π€ͺ6π5π¦5
SEC Labels Liquidity Pool Tokens as Securities!
π¦ Uniswap Labs has responded to a Wells Notice from the Securities and Exchange Commission (SEC), stating that it does not qualify as an exchange and therefore cannot be regulated by the SEC.
π According to the company, the protocol is a passive technology and was not designed for trading securities.
βοΈ The firm also revealed that the SEC, in its Wells Notice, labeled the Uniswap wallet as an unregistered broker and the liquidity pool tokens as securities.
π¦ Uniswap Labs has responded to a Wells Notice from the Securities and Exchange Commission (SEC), stating that it does not qualify as an exchange and therefore cannot be regulated by the SEC.
π According to the company, the protocol is a passive technology and was not designed for trading securities.
βοΈ The firm also revealed that the SEC, in its Wells Notice, labeled the Uniswap wallet as an unregistered broker and the liquidity pool tokens as securities.
π164πΎ48β€23π³7β‘6π€·ββ6π5π€2π₯1
The ticker for VanEck's spot Ethereum ETF has appeared on the DTCC website!
π’ The Depository Trust & Clearing Corporation (DTCC) handles clearing for NASDAQ trades.
π The DTCC list includes both active and potential ETFs (there is NO 100% guarantee of listing).
However, before the listing of spot Bitcoin ETFs, their tickers also appeared on the DTCC site β this is part of the ETF market launch process.π§
π€· It seems that the abandonment of staking is a key condition for the launch of the Ethereum ETF:
βͺοΈ Valkyrie (already an issuer of a spot Bitcoin ETF) decided not to apply for a spot Ethereum ETF, citing the staking ban as the reason.
βͺοΈGrayscale also removed staking in their updated application for a spot Ethereum ETF.
π’ The Depository Trust & Clearing Corporation (DTCC) handles clearing for NASDAQ trades.
π The DTCC list includes both active and potential ETFs (there is NO 100% guarantee of listing).
However, before the listing of spot Bitcoin ETFs, their tickers also appeared on the DTCC site β this is part of the ETF market launch process.π§
π€· It seems that the abandonment of staking is a key condition for the launch of the Ethereum ETF:
βͺοΈ Valkyrie (already an issuer of a spot Bitcoin ETF) decided not to apply for a spot Ethereum ETF, citing the staking ban as the reason.
βͺοΈGrayscale also removed staking in their updated application for a spot Ethereum ETF.
π147πΎ40β€28π±8π₯°5π5π₯3
Joe Biden Enters the Race for the Attention of the Crypto Community! - TheBlock
Two weeks ago, the SEC was against the Ethereum ETF, but suddenly there was a 180-degree turn. π§
This is likely a political decision, as the current president and the Democratic Party desperately need the votes of the younger generation in the upcoming presidential elections.
The Biden administration's stance on cryptocurrency seems to be softening. The US Senate voted to repeal "SAB 121".
π Biden is shifting his aggressive rhetoric towards the crypto industry to a more friendly tone . The Ethereum ETF is the first sign of this. He doesn't want to lose voters in a tough race for the presidency.
Meanwhile, Trump has started accepting donations in crypto π
Two weeks ago, the SEC was against the Ethereum ETF, but suddenly there was a 180-degree turn. π§
This is likely a political decision, as the current president and the Democratic Party desperately need the votes of the younger generation in the upcoming presidential elections.
The Biden administration's stance on cryptocurrency seems to be softening. The US Senate voted to repeal "SAB 121".
π Biden is shifting his aggressive rhetoric towards the crypto industry to a more friendly tone . The Ethereum ETF is the first sign of this. He doesn't want to lose voters in a tough race for the presidency.
Meanwhile, Trump has started accepting donations in crypto π
π161πΎ47π25β€19π€©15π₯9π₯±6π4
The net inflow of ETH to crypto exchanges yesterday was 81,840 ETH ($306 million) β the highest since January 23, 2024.
π ETH is experiencing the most bullish sentiment from the crowd since September of last year. Sentiment in BTC and SOL is slightly bearish, according to Santiment
π ETH is experiencing the most bullish sentiment from the crowd since September of last year. Sentiment in BTC and SOL is slightly bearish, according to Santiment
π82πΎ44π35π₯17π10πΏ7π4π4β€3
Farcaster Raises $150 Million! π
π° Farcaster, a blockchain-based social network, has successfully raised $150 million, led by Paradigm. This funding round saw participation from major players like Andreessen Horowitz (a16z), Haun, USV, Variant, Standard Crypto, and more.
π₯ Farcaster's co-founder, Dan Romero, announced that the funds would support the platform's operations for many years. The team's upcoming focus areas include:
πΉ Growing the number of daily users
πΉ Adding developer primitives like "channels or direct messages"
βοΈ Romero also mentioned that the project will continue hiring specialists to enhance the platform. Since moving to a permissionless model in October 2023, Farcaster has achieved 350,000 paid subscriptions and a 50-fold increase in online activity.
π Farcaster's popularity has surged since late January 2024, thanks to the launch of the Frames functionality, which lets developers embed interactive features directly into messages.
π° Farcaster, a blockchain-based social network, has successfully raised $150 million, led by Paradigm. This funding round saw participation from major players like Andreessen Horowitz (a16z), Haun, USV, Variant, Standard Crypto, and more.
π₯ Farcaster's co-founder, Dan Romero, announced that the funds would support the platform's operations for many years. The team's upcoming focus areas include:
πΉ Growing the number of daily users
πΉ Adding developer primitives like "channels or direct messages"
βοΈ Romero also mentioned that the project will continue hiring specialists to enhance the platform. Since moving to a permissionless model in October 2023, Farcaster has achieved 350,000 paid subscriptions and a 50-fold increase in online activity.
π Farcaster's popularity has surged since late January 2024, thanks to the launch of the Frames functionality, which lets developers embed interactive features directly into messages.
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πͺ Vitalik Buterin transferred 80 ETH ($300,000) to the Railgun mixer today - this is the second such transfer in the last 2 months.
π Previously, Buterin has repeatedly defended crypto mixers, saying that such services are primarily needed to anonymize transfers, and not for money laundering.
π Previously, Buterin has repeatedly defended crypto mixers, saying that such services are primarily needed to anonymize transfers, and not for money laundering.
πΎ97π80β€11π³7π5π₯΄5π4π₯2
Bernstein: Ethereum at $6,600 if ETF Approval is Granted
π Analysts at Bernstein expect a 75% increase in ETH to $6,600 within a few weeks if the SEC gives the green light to spot ETFs for the second-largest cryptocurrency.
π§ It is important to understand that this forecast is based on a similar rise in BTC following ETF approval, which took 7 weeks.
The SEC decision could come as soon as tomorrow, stay tuned... βοΈ
π Analysts at Bernstein expect a 75% increase in ETH to $6,600 within a few weeks if the SEC gives the green light to spot ETFs for the second-largest cryptocurrency.
π§ It is important to understand that this forecast is based on a similar rise in BTC following ETF approval, which took 7 weeks.
The SEC decision could come as soon as tomorrow, stay tuned... βοΈ
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πΊπΈ The U.S. House of Representatives is set to vote on bill HR 4763 β the Commodity Futures Trading Commission (CFTC) will regulate a digital asset as a commodity if it is functional and decentralized.
The SEC will regulate a digital asset as a security if it is not decentralized.
π€· SEC Chairman Gary Gensler has sharply opposed this bill. He believes that if HR 4763 is approved, it will create "new regulatory gaps and undermine decades of precedent regarding oversight of investment contracts, exposing investors and capital markets to immeasurable risk."
πͺ President Biden has already stated that he will not veto HR 4763, which will allocate regulatory powers over crypto between the CFTC and SEC.
π The Biden administration also announced that they plan to work with Congress on balanced cryptocurrency regulation.
βοΈ Rumors are swirling that the Democrats have sharply changed their stance on cryptocurrencies ahead of the upcoming elections.
The SEC will regulate a digital asset as a security if it is not decentralized.
π€· SEC Chairman Gary Gensler has sharply opposed this bill. He believes that if HR 4763 is approved, it will create "new regulatory gaps and undermine decades of precedent regarding oversight of investment contracts, exposing investors and capital markets to immeasurable risk."
πͺ President Biden has already stated that he will not veto HR 4763, which will allocate regulatory powers over crypto between the CFTC and SEC.
π The Biden administration also announced that they plan to work with Congress on balanced cryptocurrency regulation.
βοΈ Rumors are swirling that the Democrats have sharply changed their stance on cryptocurrencies ahead of the upcoming elections.
π148πΎ49β€19π11π₯3π€ͺ2
β Hello folks! It's time for our daily giveaway for our most loyal followers! You can see the results of last giveaway on the Daily Drops channel. Now let's move on to today's giveaway.
Here's what to do:
1οΈβ£React to this message with πΎ emoji
2οΈβ£Share this message with a friend
3οΈβ£Fill out the Google form.
4οΈβ£To be subscribed to Daily Drops channel, where the results will be posted
π°The prize pool of $50 will be distributed as follows:
βΎοΈ1st place - $20 USDT
βΎοΈ2nd place - $10 USDT
βΎοΈ3rd place - $8 USDT
βΎοΈ4th place - $4 USDT
βΎοΈ5th place - $4 USDT
πAll payments will be made in $TON at the current exchange rate at the time of the giveaway. Five winners will be randomly selected using a randomizer.
βοΈ You need to provide a TON-wallet address to which we will transfer the funds you win. If the address is incorrect, we will simply choose the next participant on the list. Do not provide exchange wallets because without a tag your funds will simply be lost.
βοΈ The form must be filled out within four hours of the publication of this post. The results of the draw will be announced after processing the data from the form and further giveaway on the Daily Drops channel. And do not fill out the form several times. Such accounts will still be disqualified!
Here's what to do:
1οΈβ£React to this message with πΎ emoji
2οΈβ£Share this message with a friend
3οΈβ£Fill out the Google form.
4οΈβ£To be subscribed to Daily Drops channel, where the results will be posted
π°The prize pool of $50 will be distributed as follows:
βΎοΈ1st place - $20 USDT
βΎοΈ2nd place - $10 USDT
βΎοΈ3rd place - $8 USDT
βΎοΈ4th place - $4 USDT
βΎοΈ5th place - $4 USDT
πAll payments will be made in $TON at the current exchange rate at the time of the giveaway. Five winners will be randomly selected using a randomizer.
βοΈ You need to provide a TON-wallet address to which we will transfer the funds you win. If the address is incorrect, we will simply choose the next participant on the list. Do not provide exchange wallets because without a tag your funds will simply be lost.
βοΈ The form must be filled out within four hours of the publication of this post. The results of the draw will be announced after processing the data from the form and further giveaway on the Daily Drops channel. And do not fill out the form several times. Such accounts will still be disqualified!
Telegram
Daily Drops
Every day crypto π² drops! Subscribe to everyday earnings!
πΎ597π140β€67π₯12π₯°12π9π8π7π7π1
Forwarded from Daily Drops
π Congratulations to the winners of the first cash prize giveaway from the Crypto Soothsayer channel!
βͺοΈ1st place - $20 USDT - @Psalm_G
βͺοΈ2nd place - $10 USDT - @Maherboy60
βͺοΈ3rd place - $8 USDT - @supremo junior
βͺοΈ4th place - $4 USDT - @arsenalkingsley
βͺοΈ5th place - $4 USDT - @crytowhale2
π° All prizes have been paid to the winners in $TON at the current exchange rate.
β‘οΈStay with Crypto Soothsayer to keep up with the latest news from the world of cryptocurrencies!
βͺοΈ1st place - $20 USDT - @Psalm_G
βͺοΈ2nd place - $10 USDT - @Maherboy60
βͺοΈ3rd place - $8 USDT - @supremo junior
βͺοΈ4th place - $4 USDT - @arsenalkingsley
βͺοΈ5th place - $4 USDT - @crytowhale2
π° All prizes have been paid to the winners in $TON at the current exchange rate.
β‘οΈStay with Crypto Soothsayer to keep up with the latest news from the world of cryptocurrencies!
π269πΎ46π43β€35π₯27π24π11π10π’9π6
The U.S. House of Representatives passed a bill that determines whether a token is a security or a commodity.
πΊπΈ The U.S. House of Representatives approved the FIT21 (or HR 4763) bill.
π This bill determines whether a token is a security or a commodity, delineating the responsibilities of the SEC and CFTC.
After this, π the document must pass the Senate and receive President Joe Biden's signature.
π£ Yesterday, the Biden administration stated that it would not veto this document but urged for its refinement to avoid creating new risks for investors.
π€· In turn, SEC Chairman Gary Gensler strongly opposed FIT21.
πΊπΈ The U.S. House of Representatives approved the FIT21 (or HR 4763) bill.
π This bill determines whether a token is a security or a commodity, delineating the responsibilities of the SEC and CFTC.
After this, π the document must pass the Senate and receive President Joe Biden's signature.
π£ Yesterday, the Biden administration stated that it would not veto this document but urged for its refinement to avoid creating new risks for investors.
π€· In turn, SEC Chairman Gary Gensler strongly opposed FIT21.
π111πΎ82β€18π₯14π10π10β€βπ₯6π₯°5π’5π€4
MetaMask Plans to Add BTC Support
According to Coindesk, π¦ MetaMask plans to add BTC support to its wallet.
π The exact timeline for the integration is unknown, but it is expected that the update may be available as early as next month.
According to Coindesk, π¦ MetaMask plans to add BTC support to its wallet.
π The exact timeline for the integration is unknown, but it is expected that the update may be available as early as next month.
π114π66πΎ46π€―12β€11π₯°11β9π8π7π2