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SEC delays decision on Bitwise's Ethereum ETF staking proposal 🚫
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🗽 In New York, a Digital Assets Advisory Council has been established by Mayor Eric Adams. **◽️ Goal:** To attract fintech/crypto companies and create new job opportunities. **◽️ Plans:** The council, comprised of industry experts, will focus on developing the crypto industry in the city. There is consideration for moving government documents onto the blockchain, such as birth and death certificates. **◽️ Members:** The council will include leaders in the crypto industry, with the head to be announced in the coming weeks. **◽️ Eric Adams:** "We already have experts who will help improve the lives of city residents through new technologies." Earlier: New York = the global crypto capital #MerlinTradingCompetition #MerlinTradingCompetition
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#records 🔼 **Coinglass:** Open interest in Bitcoin futures has reached a record **$74B+**. #records #MerlinTradingCompetition
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#BTC is currently trading above $107,000. 📈 #MerlinTradingCompetition
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🤖 **CoinMarketCap has introduced an AI assistant for crypto analysis!** What it does: explains token price dynamics, provides insights on fundamentals and market sentiment, analyzes risks and security. ``` #BinanceAlphaAlert #EthereumSecurityInitiative ```
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#opinion 😐 **James Seyffart:** The most likely scenario - SEC will not approve an ETF for altcoins until the beginning of the 4th quarter. In the coming days, we will see news that the SEC is massively delaying decisions on applications for Ripple ETF (#XRP). The regulator's "green light" is expected no earlier than the end of June/early July (the earliest forecast). ``` #XRP ```
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