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$BTC $ETH $BNB *T-1 to tariffs* U.S. President Donald Trump’s “reciprocal tariffs” will be announced Wednesday and “be effective immediately,” the U.S. press secretary said Tuesday. The White House is reportedly considering tariffs of around 20% on most imports. *Korea inflation heats up* South Korea's Kospi index declined around 0.6% amid annual inflation reaccelerating to 2.1% in March, higher than the 2% in February. *Meta’s head of AI research departs* Meta’s vice president of AI research, Joelle Pineau, announced in a LinkedIn post her departure from the company. Pineau helped oversee Meta’s open-source Llama family of AI models. *‘Avoid the tariff tantrum’* Trump’s tariffs are expected to slam the brakes, at least temporarily, on revenue growth of many firms. But there are three stocks that can “avoid the tariff tantrum.”
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⚠️ Will Ethereum Price Crash Below $1,500 as CZ Quashes ETH Delisting Rumors? 📢 Ethereum price drops 12% amid Bitcoin's bearish outlook, but CZ quashes delisting rumors. Will ETH crash below $1,500? https://coingape.com/markets/will-ethereum-price-crash-below-1500-as-cz-quashes-eth-delisting-rumors/$ETH
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We're thrilled to announce a strategic partnership with @pichainmall . Together, we're pushing into the e-commerce sector, leveraging PiChain Global's vast community of 2M+ users across 90+ countries. $ICE tokens will integrate with PCM Wallet upon #ION mainnet, enabling seamless transactions for users. We're also developing open-source e-commerce protocols to expand $ICE usage in real-world applications. Get ready for $ICE to power purchases in PiChain Mall at our mainnet launch, providing a decentralized shopping experience that showcases the potential of Web3 commerce! Download PCM Wallet now from play store and get ready for your $ICE payments and e-commerce experience! #RefferalCode U5J1T1
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The firm has proven its incredible streak of approvals with the SEC. Indeed, the largest asset manager in the world has only ever seen one ETF application be denied by the agency. Interestingly enough, the previously rejected Total Return ETF saw an updated application get approved, hitting the market in December of last year. Altogether, 9 firms are seeking Spot Ethereum ETF application approval. Among those are BlackRock, VanEck, ARK 21Shares, Hashdex, Grayscale, Invesco Glaxy, Fidelity, Franklin, and Btiwise. The expected approval should have an unprecedented impact on EThereum’s value. Indeed, $725 billion asset manager Bernstein has already predicted ETH ETF approvals will rally the asset to a new all-time high of $6,600.
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The largest asset manager in the world, BlackRock, has filed an updated 19b-4 form for its Spot Ethereum ETF application. Indeed, the firm had officially revised its filing with the US Securities and Exchange Commission (SEC) in response to its request for updates amid impending approvals. BlackRock was one of the most prominent asset management firms to issue spot Bitcoin ETFs earlier this year. Additionally, with Spot Ether ETFs expected to be greenlit, the firm would continue a 10-year approval streak, fortifying its impressive track record with the SEC. BlackRock Submit’s Updated Ethereum ETF Filing as Approvals Near Following the approval of Spot Bitcoin ETFs in January, all eyes were on what asset could receive a similar investment option. Those hopes began to dwindle at the start of May, as a host of Ethereum ETF applications were facing consistent delays. However, things took a turn this week, with the SEC seemingly altering its perspective. Bloomberg had noted that this sudden shift resulted in approval odds increasing from 25% to 75%. Now, a plethora of issuers are abiding by SEC requests in regard to their applications. The latest to do so has been $9 trillion asset manager BlackRock, who filed an updated 19b-4 form for its Spot Ethereum ETF.
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