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⚑️The CEO of the analytics company #Messari, Ryan Selkis, has declared war on the #SEC

The Messari CEO called the regulator an illegal entity and its chairman a "corrupt and counterproductive feckless official."

The company has already announced the severance of all contacts with the SEC and is preparing its own package of proposals for cryptocurrency regulation in the US.

#CryptoNews
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⚑️ Forms for listing a #Solana-#ETF have been submitted to the #SEC

πŸͺ™ 19b-4 forms were sent by the options exchange #CBOE on behalf of #VanEck and #21Shares. #Bloomberg analysts predict a decision deadline for the applications by March of next year. They also highlight that the results of the US presidential election could further influence the approval of the #SOL-ETF.

πŸ”· Meanwhile, issuers of spot #Ethereum-ETF, including #BlackRock, #Fidelity, #Grayscale, #21Shares, #Franklin #Templeton, and VanEck, have submitted updated application forms to the SEC. Experts now cite July 18 as the listing date for the #ETH-ETF.

#CryptoNews
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⚑️ The launch of the #Ethereum-#ETF may take place on July 23

ETF market analyst from #Bloomberg, Eric Balchunas, reported that the #SEC has sent a request to #ETH-ETF issuers to submit final application forms, including fee details.

πŸ“ˆ Industry experts believe that if no unforeseen circumstances arise, registration could be completed by the end of this week, and trading could begin on July 23.

πŸ”· Are you waiting for the Ethereum ETF?

#CryptoNews
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🌍 Weekly news #CryptoDigest:

πŸͺ™ BTC.D (Bitcoin Dominance over altcoins) β€” 56.60%
🧭 Fear and Greed Index β€” 74

πŸ‡ΊπŸ‡Έ July 31 9:00 PM USD β€” Fed Interest Rate decision. Forecast β€” 5.50%; previous number β€” 5.50%.

πŸ‡ΊπŸ‡Έ August 2 3:30 PM USD β€” Unemployment rate (June). Forecast β€” 4.1%; previous number β€” 4.1%.

πŸͺ™ #Solana has surpassed #BNB in market capitalization, and the price of #SOL is preparing to reach $200.

πŸͺ™ A new bill has been introduced requiring the US Federal Reserve to hold #BTC as a strategic reserve asset.

πŸŽ™ At #Bitcoin2024, Donald Trump gave a speech promising to fire the head of the #SEC and stated that the US will become the world leader in the crypto industry.

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πŸͺ™ SEC Rejects #SOL-#ETF Proposals

The 19b-4 proposals submitted by Cboe BZX from potential #Solana ETF issuers have been rejected by the #SEC. The agency reminded that it still considers Solana a security.

Apparently, Tyler Winklevoss β€” co-founder of Gemini β€” was not without reason when he called on over 50 million U.S. crypto investors to put pressure on Kamala Harris to fire the SEC chair and end the "war on cryptocurrency" πŸ€·β€β™‚οΈ

#CryptoNews

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πŸ•― While the market is falling, traders are betting on the rise of #BTC

Options traders on #Bitcoin are mainly betting on the coin’s price rising to $80,000 after November 8 β€” the conclusion of the elections and the Federal Reserve meeting, where the new rate is expected to be announced.

The market estimates Donald Trump’s victory at 63.5% and the probability of a rate cut at 87%. Both of these events carry bullish potential for cryptocurrencies. Additionally, the possible resignation of Gary Gensler β€” the head of the #SEC, whose stance on digital assets is considered ineffective not only by industry representatives but even by the U.S. Congress β€” adds to the positive sentiment.

#CryptoNews

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πŸ“† Friday's #CryptoDigest of news:

πŸͺ™ #Bitcoin has dropped below the support level of $70,000, presumably due to a sell-off in #Nasdaq and #S&P500 stocks triggered by statements from tech giants about increased AI investments. Total outflows from the stock market amounted to $953 billion.

⏰ Today, options contracts for #BTC and #ETH worth a total of $2.3 billion are set to expire, which may impact the short-term price movements of these assets.

πŸͺ™ #CanaryCapital has officially filed an application with the #SEC for a Solana-based ETF.

πŸ•― Inflows into spot Bitcoin #ETFs remain close to zero.

πŸ“Œ The market is bracing for volatility due to today’s release of non-farm payroll data.

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