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Breaking: SEC Approves April 30 Launch for XRP ETFs The U.S. Securities and Exchange Commission (SEC) has officially approved ProShares Trust’s XRP ETF offerings, setting April 30, 2025, as the effective launch date. A newly filed Form N-1A reveals that multiple XRP-focused ETFs will be included in the rollout. The registration update clarifies that the amendment sets a new effective date for a previously submitted filing concerning the ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF. According to the SEC filing, the amendment was made specifically to establish the April 30 launch date. ProShares Trust’s principal executive offices are based in Bethesda, Maryland, with ProShare Advisors LLC acting as the investment advisor. Richard Morris of ProShare Advisors is named as the agent for service, with legal support provided by Dechert LLP in New York. #XRPETF
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$ETH Key Levels and Catalytic Insights Support Zone: $1,750 (aligned with the weekly Bollinger Band midline and whale cost concentration). A break below this level could trigger a wave of stop-loss orders. Resistance Zone: $1,900–$1,950 (previous high resistance and the options market’s maximum pain point). A breakout could drive a move toward $2,000. Strategic Recommendations 1. Long Setup: Look for a pullback and stabilization between $1,750–$1,780 (supported by RSI signals). 2. Short Opportunity: Watch for a rebound to $1,900–$1,950 facing resistance (evidenced by declining volume or a double top pattern); target $1,800 with a stop-loss at $1,980. 3. Event-Driven Play: If the Federal Reserve adopts a hawkish tone or U.S. equities sharply decline, consider shorting ETH/BTC pairs as a hedge. Risk Alerts Liquidation Risk: A surge in ETH borrowing on Aave is inflating leverage. Short liquidation prices are clustering around $1,950–$2,000 — caution advised for potential short squeezes. Macro Volatility: Monitor today's performance in U.S. tech stocks and any Federal Reserve policy updates — market swings over 10% are possible. $ETH
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President Donald Trump addressed the question of whether the 90-day tariff pause would be extended. Speaking to reporters aboard Air Force One, Trump stated he would not alter his position on China unless Beijing offered "something substantial" in return. Whether the two economic giants can ultimately reach a compromise remains uncertain. #TariffsPause
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$ETH Ethereum: Looking Ahead Current Price: $1,775.23 Short-Term Outlook: April 2025: Could see a 20% increase, reaching around $2,124.59 May 2025: Projected price of $1,912.48, with a potential range between $1,499.10 and $2,166.23 Long-Term Forecast: By end of 2025: Ethereum might double in value, climbing to approximately $3,646.99 2026: Expected to fluctuate within $840.48 to $2,911.50 2027: Possible correction, with prices ranging from $978.18 to $1,845.23 2028: Anticipated rebound to around $3,074.27 2029: Forecasted peak at $2,951.51 What are your thoughts on Ethereum’s trajectory?
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