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ElliotsCrypto

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Ethereum (ETH) retested the crucial support at $1,500 for the first time since 2023. The daily chart reveals that the ETH price has collapsed in the past few months, and the situation is getting worse. It has continued to move below key support levels, including the psychological point at $1,500. Ethereum price also moved below the support at $2,120, a key part of the triple-top chart pattern. It fell below $1,530 on Monday, the lowest level in October last year.  The depth of the triple-top pattern is about 42%, and the same distance from the neckline is $1,200. This means that the ETH price forecast may see it dropping to $1,200 before bouncing back when the Fed starts to cut rates. Actually CT keep talking about sell but imo there is no point for it and DCAd more with money from memes... DYOR $ETH
Ethereum (ETH) retested the crucial support at $1,500 for the first time since 2023.

The daily chart reveals that the ETH price has collapsed in the past few months, and the situation is getting worse. It has continued to move below key support levels, including the psychological point at $1,500. Ethereum price also moved below the support at $2,120, a key part of the triple-top chart pattern. It fell below $1,530 on Monday, the lowest level in October last year. 

The depth of the triple-top pattern is about 42%, and the same distance from the neckline is $1,200. This means that the ETH price forecast may see it dropping to $1,200 before bouncing back when the Fed starts to cut rates.

Actually CT keep talking about sell but imo there is no point for it and DCAd more with money from memes... DYOR

$ETH
After YZİLabs investment $VANA started to move also #CZ joined as advisor so Aped bag around 7.5$🚀🚀 Tomorrow Vana Founder and CZ have an AMA, I will listen the AMA and keep updated here later, lets see its gonna age... Support Builders AMA REMİNDER🗓️ https://x.com/vana/status/1894192911547601346?t=EWUY6Ivb960BvpUQMbgzlw&s=19 $VANA
After YZİLabs investment $VANA started to move also #CZ joined as advisor so Aped bag around 7.5$🚀🚀

Tomorrow Vana Founder and CZ have an AMA, I will listen the AMA and keep updated here later, lets see its gonna age... Support Builders

AMA REMİNDER🗓️

https://x.com/vana/status/1894192911547601346?t=EWUY6Ivb960BvpUQMbgzlw&s=19

$VANA
Fud created FOMO = BULLISH 🚀🚀🚀 $KAITO reminds me of $PNUT , people fudded hard pnut after listing announcment and did 5x+ for even slow buyers on #BİNANCE so lets see if kaito similiar with it cause Mc still pretty low and volume HUGE... $KAITO
Fud created FOMO = BULLISH 🚀🚀🚀

$KAITO reminds me of $PNUT , people fudded hard pnut after listing announcment and did 5x+ for even slow buyers on #BİNANCE so lets see if kaito similiar with it cause Mc still pretty low and volume HUGE...

$KAITO
BNB Achieves Major Market Milestone in Q4 2024: Messari Report Analysis👀 Leading crypto research firm Messari has released a comprehensive report highlighting BNB's remarkable performance in Q4 2024, demonstrating the robust growth and maturity of the ecosystem. 🕵️Record-Breaking Market Performance According to Messari's detailed analysis, BNB achieved significant milestones in Q4 2024 amid a surging crypto market following the U.S. presidential election. The token's market capitalization reached $101.09 billion, marking a substantial 22% increase from the previous quarter and an impressive 114% year-over-year growth from $47.31 billion at the start of 2024. Notably, BNB reached $789 on December 4, 2024, demonstrating strong market momentum. 🕵️Ecosystem Strength and Growth The Messari report highlights impressive growth across BNB Smart Chain's ecosystem in 2024: - Total revenue reached $234.0 million, with Q4 contributing $44.6 million, up 28% from Q3 - DeFi protocols showed strong user confidence with TVL growing 53% year-over-year to $5.35 billion - DEX activity demonstrated remarkable adoption with daily volume reaching $1.29 billion in Q4, a 269% year-over-year increase. 🕵️Industry Leadership and Market Maturity Binance CEO Richard Teng shared valuable insights about the broader market context: "When the market slows down, it's the perfect time to build and learn," noted Teng, emphasizing the importance of continuous development and improvement. He also highlighted how market maturity will lead to increased stability in the ecosystem. https://x.com/_RichardTeng/status/1886372288033153182?t=TKVbJzr9_dCSaGHw1giYNQ&&s=19… 🕵️Building the Future As the crypto industry continues to mature, its obvious BNB's robust performance and growing ecosystem metrics cement its position as a preferred token in the global digital asset landscape, demonstrating strong user confidence and adoption 💯 #BNBChain #BSC season
BNB Achieves Major Market Milestone in Q4 2024: Messari Report Analysis👀

Leading crypto research firm Messari has released a comprehensive report highlighting BNB's remarkable performance in Q4 2024, demonstrating the robust growth and maturity of the ecosystem.

🕵️Record-Breaking Market Performance

According to Messari's detailed analysis, BNB achieved significant milestones in Q4 2024 amid a surging crypto market following the U.S. presidential election. The token's market capitalization reached $101.09 billion, marking a substantial 22% increase from the previous quarter and an impressive 114% year-over-year growth from $47.31 billion at the start of 2024. Notably, BNB reached $789 on December 4, 2024, demonstrating strong market momentum.

🕵️Ecosystem Strength and Growth

The Messari report highlights impressive growth across BNB Smart Chain's ecosystem in 2024:

- Total revenue reached $234.0 million, with Q4 contributing $44.6 million, up 28% from Q3
- DeFi protocols showed strong user confidence with TVL growing 53% year-over-year to $5.35 billion
- DEX activity demonstrated remarkable adoption with daily volume reaching $1.29 billion in Q4, a 269% year-over-year increase.

🕵️Industry Leadership and Market Maturity

Binance CEO Richard Teng shared valuable insights about the broader market context:

"When the market slows down, it's the perfect time to build and learn," noted Teng, emphasizing the importance of continuous development and improvement. He also highlighted how market maturity will lead to increased stability in the ecosystem.

https://x.com/_RichardTeng/status/1886372288033153182?t=TKVbJzr9_dCSaGHw1giYNQ&&s=19…

🕵️Building the Future

As the crypto industry continues to mature, its obvious BNB's robust performance and growing ecosystem metrics cement its position as a preferred token in the global digital asset landscape, demonstrating strong user confidence and adoption
💯
#BNBChain #BSC season
60 Day Pause in #Binance-SEC Case: A New Chapter in Crypto Regulation 👀 In a significant development for the cryptocurrency industry, the U.S. District Court is considering a joint motion to pause the ongoing SEC-Binance case for 60 days. This motion, filed on February 10, 2025, marks a potential turning point in the relationship between cryptocurrency exchanges and U.S. regulators. 🕵️A New Era of Regulatory Approach The pause comes in the wake of a major institutional change at the SEC. On January 21, 2025, Acting Chairman Mark T. Uyeda launched a dedicated crypto task force, demonstrating the Commission's renewed commitment to developing a comprehensive regulatory framework for digital assets. This initiative signals a shift toward a more structured and pragmatic approach to cryptocurrency regulation. 🕵️Understanding the Motion The joint motion, filed by both the SEC and Binance parties (including Binance Holdings Limited, BAM Trading Services Inc., BAM Management US Holdings Inc., and Changpeng Zhao), demonstrates a collaborative approach to addressing regulatory challenges. The court document emphasizes that this temporary pause would serve judicial economy and potentially facilitate case resolution. 🕵️Industry Implications -This development represents more than just a procedural pause. It suggests a potential shift in how regulatory bodies approach cryptocurrency oversight. The formation of the SEC's crypto task force, coupled with this joint motion, indicates a move toward establishing clearer guidelines for the industry. -Binance has welcomed this development, with the company expressing gratitude for Chairman Uyeda's approach to ensuring digital assets receive appropriate legislative and regulatory attention. The exchange maintains its commitment to security and compliance, emphasizing its focus on maintaining its position as a trusted platform in the global cryptocurrency ecosystem. #SEC #Binance #60DAYPAUSE
60 Day Pause in #Binance-SEC Case: A New Chapter in Crypto Regulation 👀

In a significant development for the cryptocurrency industry, the U.S. District Court is considering a joint motion to pause the ongoing SEC-Binance case for 60 days. This motion, filed on February 10, 2025, marks a potential turning point in the relationship between cryptocurrency exchanges and U.S. regulators.

🕵️A New Era of Regulatory Approach

The pause comes in the wake of a major institutional change at the SEC. On January 21, 2025, Acting Chairman Mark T. Uyeda launched a dedicated crypto task force, demonstrating the Commission's renewed commitment to developing a comprehensive regulatory framework for digital assets. This initiative signals a shift toward a more structured and pragmatic approach to cryptocurrency regulation.
🕵️Understanding the Motion
The joint motion, filed by both the SEC and Binance parties (including Binance Holdings Limited, BAM Trading Services Inc., BAM Management US Holdings Inc., and Changpeng Zhao), demonstrates a collaborative approach to addressing regulatory challenges. The court document emphasizes that this temporary pause would serve judicial economy and potentially facilitate case resolution.

🕵️Industry Implications

-This development represents more than just a procedural pause. It suggests a potential shift in how regulatory bodies approach cryptocurrency oversight. The formation of the SEC's crypto task force, coupled with this joint motion, indicates a move toward establishing clearer guidelines for the industry.
-Binance has welcomed this development, with the company expressing gratitude for Chairman Uyeda's approach to ensuring digital assets receive appropriate legislative and regulatory attention. The exchange maintains its commitment to security and compliance, emphasizing its focus on maintaining its position as a trusted platform in the global cryptocurrency ecosystem.

#SEC #Binance #60DAYPAUSE
Bro #CAT is first BNB chain Meme lately, u think its gonna keep under 1B Mc ? İt was just bad date for list but for sure gona get what deserve... So added my mid long term bag and gonna wait till 1B, Like this post if have same decission w me 🚀 $1000CAT $USUAL
Bro #CAT is first BNB chain Meme lately, u think its gonna keep under 1B Mc ? İt was just bad date for list but for sure gona get what deserve...

So added my mid long term bag and gonna wait till 1B, Like this post if have same decission w me 🚀

$1000CAT $USUAL
Added more #CETUS at this levels... Guys its dex supporting Sui and Aptos so as u know ı m a shitcoin hunter so heard sui degen time coming imgine volume and people using cetus for buy sui plays, so with that hype 2x easy from here... Just time $CETUS
Added more #CETUS at this levels...

Guys its dex supporting Sui and Aptos so as u know ı m a shitcoin hunter so heard sui degen time coming imgine volume and people using cetus for buy sui plays, so with that hype 2x easy from here... Just time

$CETUS
Yo guys we are so back 🚀🚀 Officially #Altcoinseason started and only solid ones gonna moon One of them could be $LEVER keep accumulating till 0.03$ and sell at the top thats it $XRP $ARPA
Yo guys we are so back 🚀🚀 Officially #Altcoinseason started and only solid ones gonna moon

One of them could be $LEVER keep accumulating till 0.03$ and sell at the top thats it

$XRP $ARPA
Just bought #RDNT on that dip... Like should be short-term investment. İf u okay with %30+ short term profit then buy it, Lets see how it goes $RDNT
Just bought #RDNT on that dip... Like should be short-term investment. İf u okay with %30+ short term profit then buy it, Lets see how it goes

$RDNT
Yo guys ı m so back 😎 gonna be super active in few days be ready for trades .....
Yo guys ı m so back 😎 gonna be super active in few days be ready for trades .....
Bought #ZK as my Mid-Term bag on #Binance at $0.2 price. This was a clean launch and you know most new listings on binance did well shortly after listed. Already did 20% but I won't sell until 50%+ or new ATH. Find a good entry and will keep u update about it. DYOR $ZK
Bought #ZK as my Mid-Term bag on #Binance at $0.2 price. This was a clean launch and you know most new listings on binance did well shortly after listed.

Already did 20% but I won't sell until 50%+ or new ATH. Find a good entry and will keep u update about it. DYOR

$ZK
🥶Bitcoin Declines Due to Fed Announcements 🥶 Bitcoin (BTC) dropped to $66,250, marking the lowest price in the last 24 hours. Despite a $400 jump, it remains in a risky zone. What drove investors to sell over $3,000 in 24 hours? Why did BTC fall by 5%?Why is Bitcoin Falling? For days, we mentioned that Wednesday’s Fed announcements could be a key point for a break. Investors were hopeful with inflation data an hour before the US markets opened, but it didn’t go as expected. Half an hour before Powell’s statements, the interest rate decision and members’ 3-year rate forecasts were released. The dot plot showed a median view of a 25bp cut for 2024. At the beginning of the year, the median view was a 75bp cut, while the market expected a 150bp cut. Powell emphasized that these forecasts were not revised despite the positive June 12 (May data) inflation report. The market is now trying to digest the possibility of only one cut this year. Although these forecasts are not mandatory, the drop from 75bp to 25bp indicates a problem, and the market received this message. BTC at $66,270 is a significant support area tested multiple times. If it closes below this level, sales could deepen to $64,700 and $60,200 supports. This indicates that the altcoin sales since Friday are minor compared to what might happen. #Btc! #Bitcoin #Binance $BTC
🥶Bitcoin Declines Due to Fed Announcements 🥶

Bitcoin (BTC) dropped to $66,250, marking the lowest price in the last 24 hours. Despite a $400 jump, it remains in a risky zone. What drove investors to sell over $3,000 in 24 hours? Why did BTC fall by 5%?Why is Bitcoin Falling?

For days, we mentioned that Wednesday’s Fed announcements could be a key point for a break. Investors were hopeful with inflation data an hour before the US markets opened, but it didn’t go as expected. Half an hour before Powell’s statements, the interest rate decision and members’ 3-year rate forecasts were released. The dot plot showed a median view of a 25bp cut for 2024.

At the beginning of the year, the median view was a 75bp cut, while the market expected a 150bp cut. Powell emphasized that these forecasts were not revised despite the positive June 12 (May data) inflation report.

The market is now trying to digest the possibility of only one cut this year. Although these forecasts are not mandatory, the drop from 75bp to 25bp indicates a problem, and the market received this message.

BTC at $66,270 is a significant support area tested multiple times. If it closes below this level, sales could deepen to $64,700 and $60,200 supports. This indicates that the altcoin sales since Friday are minor compared to what might happen.

#Btc! #Bitcoin #Binance

$BTC
Many of us trying to find news about behind this $LEVER dump... 🤯 Please let me know if u find that cause still not sure what happened 😁 But yeah added more for the BullRun, Tbh ı just sold one time and it was long ago so accumulating since then. Lets see how it goes. Feel free to share your idea about lever below 👀 #LEVER $LEVER
Many of us trying to find news about behind this $LEVER dump... 🤯
Please let me know if u find that cause still not sure what happened 😁

But yeah added more for the BullRun, Tbh ı just sold one time and it was long ago so accumulating since then. Lets see how it goes. Feel free to share your idea about lever below 👀

#LEVER $LEVER
🕵️Solana Faces Price Drop 👀 In the past 24 hours, Solana (SOL) experienced a significant price decline, falling below the critical $160 mark. The cryptocurrency’s value dropped by over 3%, now trading at $153. Consequently, Solana’s market capitalization has decreased to approximately $70.85 billion, making it the fifth-largest cryptocurrency. Despite this decline, Solana’s 24-hour trading volume surged by 65%, reaching $2.41 billion, indicating heightened market activity. Is There an Upswing on the Horizon? 💥 Throughout the past week, Solana has been under persistent downward pressure, marked by lower highs and lower lows. The altcoin has fluctuated between $175 and $150, struggling to establish a stable support level. This downtrend has caused a 7% value drop over the last seven days, raising concerns among investors. In response, the Solana team has rolled out Mainnet Beta v1.18.15 to enhance network performance and urged validators to update their systems What Do Technical Indicators Say? The current market correction signals that Solana might break past the $160 resistance level, potentially reigniting upward momentum. If SOL sustains this rise, it could target $170, setting the stage for a possible approach to the $200 resistance level in the short term. #solanamemecoins #SolanaAnalysis $SOL $LEVER
🕵️Solana Faces Price Drop 👀

In the past 24 hours, Solana (SOL) experienced a significant price decline, falling below the critical $160 mark. The cryptocurrency’s value dropped by over 3%, now trading at $153. Consequently, Solana’s market capitalization has decreased to approximately $70.85 billion, making it the fifth-largest cryptocurrency. Despite this decline, Solana’s 24-hour trading volume surged by 65%, reaching $2.41 billion, indicating heightened market activity.

Is There an Upswing on the Horizon? 💥

Throughout the past week, Solana has been under persistent downward pressure, marked by lower highs and lower lows. The altcoin has fluctuated between $175 and $150, struggling to establish a stable support level. This downtrend has caused a 7% value drop over the last seven days, raising concerns among investors.

In response, the Solana team has rolled out Mainnet Beta v1.18.15 to enhance network performance and urged validators to update their systems

What Do Technical Indicators Say?

The current market correction signals that Solana might break past the $160 resistance level, potentially reigniting upward momentum. If SOL sustains this rise, it could target $170, setting the stage for a possible approach to the $200 resistance level in the short term.

#solanamemecoins #SolanaAnalysis

$SOL $LEVER
Morning #Elliot Fam 😍 Contrary to everyone’s expectations, #Bitcoin closed May in the green. Also Bitcoin (BTC) Price Recovers From a Weekly Low, Ethereum (ETH) Eyes $3.8K (Weekend Watch) The altcoins are quite sluggish today, with ETH gaining about 1% of value and closing down on the $3,800 mark. BTC Recovers The start of the business week went under the total domination of the bulls as they drove the primary cryptocurrency from under $69,000 to a weekly high of over $70,500. As hope started to emerge about a potential challenge to the all-time high of $73,800, though, the landscape changed and BTC slumped by more than three grand by Tuesday. ETH Aims at $3.8K Somewhat expectedly for the weekend, the price actions have diminished. #Ethereum is up by around 1% on a daily scale and now sits close to $3,800, but this movement is far from the volatile ride that the asset went through last week amid the ETF news. BNB, SOL, XRP, ADA, and DOT are with insignificant gains, while LINK and PEPE have increased by around 3-4% in a day. In contrast, #SHIB slumped by almost 3%, while UNI slumped by 6% and is close to breaking below $10. The total crypto market cap has seen about $20 billion gone in a day and is down to $2.660 trillion. #MarketUpdate $BTC $SHIB $ETH
Morning #Elliot Fam 😍

Contrary to everyone’s expectations, #Bitcoin closed May in the green. Also Bitcoin (BTC) Price Recovers From a Weekly Low, Ethereum (ETH) Eyes $3.8K (Weekend Watch)

The altcoins are quite sluggish today, with ETH gaining about 1% of value and closing down on the $3,800 mark.

BTC Recovers

The start of the business week went under the total domination of the bulls as they drove the primary cryptocurrency from under $69,000 to a weekly high of over $70,500. As hope started to emerge about a potential challenge to the all-time high of $73,800, though, the landscape changed and BTC slumped by more than three grand by Tuesday.

ETH Aims at $3.8K

Somewhat expectedly for the weekend, the price actions have diminished. #Ethereum is up by around 1% on a daily scale and now sits close to $3,800, but this movement is far from the volatile ride that the asset went through last week amid the ETF news.
BNB, SOL, XRP, ADA, and DOT are with insignificant gains, while LINK and PEPE have increased by around 3-4% in a day.
In contrast, #SHIB slumped by almost 3%, while UNI slumped by 6% and is close to breaking below $10.

The total crypto market cap has seen about $20 billion gone in a day and is down to $2.660 trillion.

#MarketUpdate

$BTC $SHIB $ETH
#LEVER going to new ATH(0.0053) ? 10X OR NOTHİNG 🚀🚀 Team will make defi great. New updates every day, we're all sitting at 2x+ anyway.... But mark my words that will begin with the bullrun lever. Dont forget its our long-term investment... Also as u know a month ago we bought #DAR as short term but didnt go well... but ı m also still hodl so it can be mid-term ... $DAR $LEVER
#LEVER going to new ATH(0.0053) ? 10X OR NOTHİNG 🚀🚀

Team will make defi great. New updates every day, we're all sitting at 2x+ anyway.... But mark my words that will begin with the bullrun lever. Dont forget its our long-term investment...

Also as u know a month ago we bought #DAR as short term but didnt go well... but ı m also still hodl so it can be mid-term ...

$DAR $LEVER
Crypto – Ethereum ETF: Despite approval, price doesn’t rise! Why? 🕵️ The recent approval of Ethereum ETFs has been met with anticipation by the crypto community. However, contrary to expectations, the price of Ether has not seen a significant increase. Here’s why! Technical and Psychological Factors After a long wait, Ethereum ETFs were finally approved by the SEC, marking a victory for the crypto industry. However, the price of Ether remains stable, with an increase of barely 1% on its price. Several factors can explain this phenomenon. Firstly, it is important to understand that the crypto market is influenced by a multitude of technical and psychological factors. The approval of Ethereum ETFs was a widely anticipated event, and it is possible that the price had already factored in this news beforehand, following the logic of “buy the rumor, sell the news.” Furthermore, the market’s reaction can be compared to that observed during the approval of Bitcoin ETFs. Although positive, it was more moderate than expected. Investors might thus adopt a more cautious approach, having learned from past events. Crypto: Regulatory Uncertainties on Ether  Regulatory uncertainties also play an important role. The SEC has shown a cautious approach towards cryptos, and questions still remain regarding the classification of Ether as a security or a commodity, which could affect investment decisions. Despite this, the approval of Ethereum ETFs is a step forward towards wider acceptance of crypto. It offers traditional investors a regulated and more accessible way to invest in Ether, which could eventually support a price increase. Finally, while the approval of Ethereum ETFs is a positive development, the crypto market remains complex and unpredictable. Investors must stay informed and cautious, taking into account the multiple factors influencing prices. #ETHETFS #ETH $ETH $XRP
Crypto – Ethereum ETF: Despite approval, price doesn’t rise! Why? 🕵️

The recent approval of Ethereum ETFs has been met with anticipation by the crypto community. However, contrary to expectations, the price of Ether has not seen a significant increase. Here’s why!

Technical and Psychological Factors

After a long wait, Ethereum ETFs were finally approved by the SEC, marking a victory for the crypto industry. However, the price of Ether remains stable, with an increase of barely 1% on its price. Several factors can explain this phenomenon.
Firstly, it is important to understand that the crypto market is influenced by a multitude of technical and psychological factors. The approval of Ethereum ETFs was a widely anticipated event, and it is possible that the price had already factored in this news beforehand, following the logic of “buy the rumor, sell the news.”

Furthermore, the market’s reaction can be compared to that observed during the approval of Bitcoin ETFs. Although positive, it was more moderate than expected. Investors might thus adopt a more cautious approach, having learned from past events.

Crypto: Regulatory Uncertainties on Ether 

Regulatory uncertainties also play an important role. The SEC has shown a cautious approach towards cryptos, and questions still remain regarding the classification of Ether as a security or a commodity, which could affect investment decisions.

Despite this, the approval of Ethereum ETFs is a step forward towards wider acceptance of crypto. It offers traditional investors a regulated and more accessible way to invest in Ether, which could eventually support a price increase.

Finally, while the approval of Ethereum ETFs is a positive development, the crypto market remains complex and unpredictable. Investors must stay informed and cautious, taking into account the multiple factors influencing prices.

#ETHETFS #ETH

$ETH $XRP
SEC APPROVES Ethereum Spot ETF: Will It Happen TOMORROW? 👀🚀 May 23rd is the anticipated day for SEC to announce its decision concerning ETH spot ETF. In less than 24 hours, an approval, rejection, or postponement will be among the top headlines, but what do analysts foresee? The debate over the classification of Ethereum (ETH) and the approval of Ethereum Spot ETFs by the U.S. Securities and Exchange Commission (SEC) has reached a critical juncture. Coinbase's Chief Legal Officer, Paul Grewal, has argued that the SEC lacks a valid basis for rejecting Ethereum Spot ETF applications. Amidst this regulatory uncertainty, ETH has experienced a significant price surge, driven by renewed optimism for ETF approvals. What are SEC arguments regarding ETH-spot ETF? 🤫 The SEC's stance on Ethereum has been a subject of contention. Paul Grewal from Coinbase has criticized the SEC for its unclear classification of ETH, arguing that ETH is a commodity, not a security. Grewal cites statements from former SEC officials, including William Hinman and Gary Gensler, who have previously suggested that ETH is not a security. This perspective aligns with the Commodity Futures Trading Commission (CFTC) and federal courts, which have consistently categorized ETH as a commodity. What are analysts' insights on the SEC decision on ETH-spot ETF? Recent market activities reflect a surge in optimism regarding ETH and its potential ETF approval. Over a span of two days, ETH prices soared by over 20%, reaching $3,710.31. This rally was fueled by reports that the SEC requested updates on key documents from potential ETF issuers, suggesting a possible shift in the SEC's approach. Bloomberg analysts have increased the likelihood of ETH-spot ETF approval to 75%, citing insider chatter about a potential reversal by the SEC. If approved, these ETFs could pave the way for broader acceptance of ETH and possibly other cryptocurrencies as commodities, significantly impacting the crypto market. (By Rudy Fares) #ETHETFS #ETH_Market_Update $ETH
SEC APPROVES Ethereum Spot ETF: Will It Happen TOMORROW? 👀🚀

May 23rd is the anticipated day for SEC to announce its decision concerning ETH spot ETF. In less than 24 hours, an approval, rejection, or postponement will be among the top headlines, but what do analysts foresee?

The debate over the classification of Ethereum (ETH) and the approval of Ethereum Spot ETFs by the U.S. Securities and Exchange Commission (SEC) has reached a critical juncture. Coinbase's Chief Legal Officer, Paul Grewal, has argued that the SEC lacks a valid basis for rejecting Ethereum Spot ETF applications. Amidst this regulatory uncertainty, ETH has experienced a significant price surge, driven by renewed optimism for ETF approvals.

What are SEC arguments regarding ETH-spot ETF? 🤫

The SEC's stance on Ethereum has been a subject of contention. Paul Grewal from Coinbase has criticized the SEC for its unclear classification of ETH, arguing that ETH is a commodity, not a security. Grewal cites statements from former SEC officials, including William Hinman and Gary Gensler, who have previously suggested that ETH is not a security. This perspective aligns with the Commodity Futures Trading Commission (CFTC) and federal courts, which have consistently categorized ETH as a commodity.

What are analysts' insights on the SEC decision on ETH-spot ETF?
Recent market activities reflect a surge in optimism regarding ETH and its potential ETF approval. Over a span of two days, ETH prices soared by over 20%, reaching $3,710.31. This rally was fueled by reports that the SEC requested updates on key documents from potential ETF issuers, suggesting a possible shift in the SEC's approach.
Bloomberg analysts have increased the likelihood of ETH-spot ETF approval to 75%, citing insider chatter about a potential reversal by the SEC. If approved, these ETFs could pave the way for broader acceptance of ETH and possibly other cryptocurrencies as commodities, significantly impacting the crypto market. (By Rudy Fares)

#ETHETFS #ETH_Market_Update

$ETH
Bitcoin Reaches $67,000 and Signals Market Recovery How Much is XRP?Dogecoin (DOGE) Comments and Future.... Guess what the BTC price will be next sunday ( will have a giveaway for winner)) With Bitcoin reaching the $67,000 level, signs of recovery have started to emerge in the cryptocurrency market. During this period, the total market value increased by approximately 2.50% within 24 hours and rose to $2.55 trillion on May 18. During the rise, some cryptocurrencies with a market value below $50 billion but approaching this level have continued to attract attention. So, which of these are standing out in the market? How Much is XRP? XRP’s price performance has always been a question mark for investors from past to present. Generally, the price has remained below $1, and finding support above the $0.50 level has always been difficult for XRP. Despite this, there is always optimism among investors about XRP’s future. In the future, if the ongoing legal disputes between Ripple, the issuer of XRP, and the Securities and Exchange Commission (SEC) are resolved, significant support could form for XRP. Dogecoin (DOGE) Comments and Future As the first half of 2024 comes to an end, there is a debate in the entire market about whether it is time for DOGE to move towards the historic peak of $1. The undisputed leader in terms of volume in the meme coin world, DOGE has a market value of approximately $22 billion and around 7 million on-chain investors.Recently, renowned cryptocurrency analyst World Of Charts stated that Dogecoin is moving towards a critical descending trend line, and a breakout from this trend line could trigger a potential move with a 100% increase, bringing a target of $0.29. Dogecoin continues to benefit from the presence of one of its biggest supporters, Elon Musk. It is thought that future products similar to X Payments could contribute to Dogecoin’s utility, increasing its awareness and price. (By COINTURK NEWS) #Dogecoin‬⁩ $DOGE $XRP
Bitcoin Reaches $67,000 and Signals Market Recovery

How Much is XRP?Dogecoin (DOGE) Comments and Future....

Guess what the BTC price will be next sunday ( will have a giveaway for winner))

With Bitcoin reaching the $67,000 level, signs of recovery have started to emerge in the cryptocurrency market. During this period, the total market value increased by approximately 2.50% within 24 hours and rose to $2.55 trillion on May 18. During the rise, some cryptocurrencies with a market value below $50 billion but approaching this level have continued to attract attention. So, which of these are standing out in the market?

How Much is XRP?
XRP’s price performance has always been a question mark for investors from past to present. Generally, the price has remained below $1, and finding support above the $0.50 level has always been difficult for XRP.

Despite this, there is always optimism among investors about XRP’s future. In the future, if the ongoing legal disputes between Ripple, the issuer of XRP, and the Securities and Exchange Commission (SEC) are resolved, significant support could form for XRP.

Dogecoin (DOGE) Comments and Future

As the first half of 2024 comes to an end, there is a debate in the entire market about whether it is time for DOGE to move towards the historic peak of $1. The undisputed leader in terms of volume in the meme coin world, DOGE has a market value of approximately $22 billion and around 7 million on-chain investors.Recently, renowned cryptocurrency analyst World Of Charts stated that Dogecoin is moving towards a critical descending trend line, and a breakout from this trend line could trigger a potential move with a 100% increase, bringing a target of $0.29.

Dogecoin continues to benefit from the presence of one of its biggest supporters, Elon Musk. It is thought that future products similar to X Payments could contribute to Dogecoin’s utility, increasing its awareness and price. (By COINTURK NEWS)

#Dogecoin‬⁩

$DOGE $XRP
FLOKI Burns 15 Billion Tokens 🔥🔥 – Impact for Investors Explained 5% drop in FLOKI’s price over the last 24 hours, market sentiment remained bullish as its Altrank surged to #1. Indicators are now suggesting a potential trend reversal A few days ago, FLOKI surged above a bullish pattern, suggesting potential for continued price increases. Recent data shows the memecoin is progressing well toward its targets. Additionally, a significant proposal was approved recently, expected to contribute to further growth in its market performance. FLOKI Breaks Bullish Pattern with Potential for Price Surge Recently, World Of Chart, a popular crypto-analyst, highlighted FLOKI’s breakout above a bullish symmetrical triangle pattern. This pattern emerged in March, and FLOKI successfully surpassed it just a few days ago, potentially setting the stage for a significant price increase of up to +100%. Since the breakout, FLOKI has appreciated by over 15%, indicating positive momentum for the memecoin. Additionally, FLOKI announced the passing of a major proposal. According to its official communication on X handle, FLOKI DAO voted overwhelmingly in favor of burning 15,246,000,000 FLOKI tokens, with 99.84% of the votes supporting the burn. This deflationary measure could positively impact FLOKI’s future price performance by reducing circulating supply, a factor known to potentially drive asset prices higher. Mixed Signals for FLOKI Amidst Optimistic Developments Despite optimistic developments, FLOKI faced a different reality on the ground, with its price declining nearly 5% in just 24 hours, according to CoinMarketCap. Currently trading at $0.0002121 with a market capitalization exceeding $2 billion, the memecoin’s trajectory may soon shift. (By cryptoheadles) #FLOKI✅ $FLOKI
FLOKI Burns 15 Billion Tokens 🔥🔥 – Impact for Investors Explained

5% drop in FLOKI’s price over the last 24 hours, market sentiment remained bullish as its Altrank surged to #1. Indicators are now suggesting a potential trend reversal

A few days ago, FLOKI surged above a bullish pattern, suggesting potential for continued price increases. Recent data shows the memecoin is progressing well toward its targets. Additionally, a significant proposal was approved recently, expected to contribute to further growth in its market performance.

FLOKI Breaks Bullish Pattern with Potential for Price Surge

Recently, World Of Chart, a popular crypto-analyst, highlighted FLOKI’s breakout above a bullish symmetrical triangle pattern. This pattern emerged in March, and FLOKI successfully surpassed it just a few days ago, potentially setting the stage for a significant price increase of up to +100%. Since the breakout, FLOKI has appreciated by over 15%, indicating positive momentum for the memecoin.

Additionally, FLOKI announced the passing of a major proposal. According to its official communication on X handle, FLOKI DAO voted overwhelmingly in favor of burning 15,246,000,000 FLOKI tokens, with 99.84% of the votes supporting the burn. This deflationary measure could positively impact FLOKI’s future price performance by reducing circulating supply, a factor known to potentially drive asset prices higher.

Mixed Signals for FLOKI Amidst Optimistic Developments

Despite optimistic developments, FLOKI faced a different reality on the ground, with its price declining nearly 5% in just 24 hours, according to CoinMarketCap. Currently trading at $0.0002121 with a market capitalization exceeding $2 billion, the memecoin’s trajectory may soon shift. (By cryptoheadles)

#FLOKI✅

$FLOKI
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