Hong Kong's Securities and Futures Commission (SFC) is reportedly in talks with cryptocurrency ETF issuers about allowing pledging services via licensed platforms. While discussions are ongoing, there is no set timetable for approval. An SFC spokesman declined to comment, but approval could increase demand for cryptocurrency spot ETFs in Hong Kong. Serra Wei, CEO of Aegis Custody, noted that these discussions align with regulatory standards and represen...
On May 21, Trump’s presidential campaign launched a fundraising page accepting cryptocurrency donations through Coinbase Commerce products. This move makes Trump's campaign the first major party nominee to accept crypto donations. Supporters can donate using Bitcoin, Bitcoin Cash, Litecoin, XRP, DAI, Tether USD, and more. This step highlights Trump's support for crypto, aligni...
Crypto commentators suggest there could be two reasons why the price of ETH hasn’t rocketed in the wake of spot Ether ETF approvals. On May 23, the Securities and Exchange Commission approved eight spot Ether ETFs to be listed on their respective exchanges.$Ethereum (ETH.CC)$fell 3.4% just before the news, recovering by around 5% shortly after, and is currently trading at $3,802. Crypto commentator Zach Rynes argues that the lack of movement ref...
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AI Lambert JR
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The price last month already reflected the expectation. Now it's adjustment time finally. Target 64K before any possibility of strong rebound. Waiting patiently.
egan1
AI Lambert JR
:
yea exactly after the btc one got approved, it was pretty much the next step, and everyone knew. It would have been interesting to see what would have happened if it hadn't been approved.
103480872
:
it's easy to manipulate the market for something that doesn't have fundamentals and isn't as stable as gold. If institutions have more cash than BTC, it can increase the price by buying it, but when it has a lot more BTC, it can just drop the price
103480872
:
and also it's harder to move up BTC now since the market cap is already more than 1 T. Currently big organisations have more power to drop the price, that's why I short sell it at 71k. In addition, BTC has 3-4 years cycle, If I'm wrong, I can just wait for 1 year rather than waiting for 4 years
103480872
:
if you check the best ROI per year in BTC: 2013: +5189.4% 2017: +1162.5% 2020: +270.3% as the market cap grows it's getting harder and harder to manipulate the market up. the peak BTC this year already +65.6% at 73k.
As the bullish momentum increases in the broader market, Chainlink bounces back this week, for a stronger uptrend. The LINK price trend shows a bullish reversal from the crucial support of $13 and projects a potential surge to a new 52W high. As the buying pressure is on the rise and the improving health of DeFi sector, Chainlink is awaiting a boost. Will the bull run in LINK price cross $20? Chainlink Price Performance With a massive su...
Notcoin (NOT), a play-to-earn clicker gaming application on Telegram, has seen its price plummet by 55% after securing listings on major crypto exchanges. At the time of writing, NOT was trading at $0.006414, with a 24-hour trading volume of $1.35 billion. The token’s market cap has fallen to $661 million, according to CoinMarketCap. Notcoin is a web3 gaming project that started on Jan. 1 within The Open Network (TON) ecosystem. It ...
U.S. Treasury auctions were weak, leading to a dro...
An SFC spokesman declined to comment, but approval could increase demand for cryptocurrency spot ETFs in Hong Kong. Serra Wei, CEO of Aegis Custody, noted that these discussions align with regulatory standards and represen...
Supporters can donate using Bitcoin, Bitcoin Cash, Litecoin, XRP, DAI, Tether USD, and more. This step highlights Trump's support for crypto, aligni...
On May 23, the Securities and Exchange Commission approved eight spot Ether ETFs to be listed on their respective exchanges. $Ethereum (ETH.CC)$ fell 3.4% just before the news, recovering by around 5% shortly after, and is currently trading at $3,802.
Crypto commentator Zach Rynes argues that the lack of movement ref...
As the buying pressure is on the rise and the improving health of DeFi sector, Chainlink is awaiting a boost. Will the bull run in LINK price cross $20?
Chainlink Price Performance
With a massive su...
At the time of writing, NOT was trading at $0.006414, with a 24-hour trading volume of $1.35 billion. The token’s market cap has fallen to $661 million, according to CoinMarketCap.
Notcoin is a web3 gaming project that started on Jan. 1 within The Open Network (TON) ecosystem. It ...
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