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Ethereum ($ETH )
{spot}(ETHUSDT)
is currently trading at $2,667.09, reflecting a slight increase of 0.04% from the previous close. The intraday high and low are $2,667.09 and $2,526.56, respectively.
Recent analyses indicate potential bearish signals for Ethereum. A report from CoinGape suggests that Ethereum's price could correct to $2,000, citing factors such as bearish divergence and elevated leverage levels in the market.
Investors are advised to monitor these developments closely and consider risk management strategies in anticipation of potential market corrections.
#ETHMarketWatch #BinanceAlphaAlert #ETH
Nasdaq has officially filed a Form 19b-4 with the U.S. Securities and Exchange Commission (SEC) to list the 21Shares SUI ETF, marking a significant step toward introducing the first U.S.-based exchange-traded fund (ETF) tied directly to the Sui blockchain’s native token, SUI.
Key Details:
ETF Structure: The proposed ETF will hold physical SUI tokens, avoiding the use of leverage or derivatives.
Pricing Benchmark: The fund aims to track the performance of SUI using the CME CF Sui-Dollar Reference Rate, calculated daily by CF Benchmarks.
Custody: BitGo will serve as the custodian for the SUI tokens held by the ETF.
Regulatory Process: The ETF's launch is pending SEC approval of both the Form S-1 registration and the Form 19b-4 filing.
Market Impact:
Following the announcement, SUI's price experienced a notable increase, reflecting investor optimism about the potential for broader market access and institutional adoption.
This filing aligns with a broader trend of increasing interest in cryptocurrency ETFs, as regulatory frameworks evolve to accommodate digital assets within traditional financial markets.
#BinanceAlphaAlert #TrumpTariffs #ETHMarketWatch
Companies and Institutions
BlackRock (US, iShares Bitcoin Trust - IBIT)
#Bitcoin Number: 636,108 BTC
3.03%
Bitfinex (Cryptocurrency Exchange)
Bitcoin Number: 403,000 BTC
1.92%
Binance 629,370 BTC
3.00%
Strategy (formerly MicroStrategy, US)
Bitcoin Number: 580,250 BTC 2.76%
Coinbase (US, Cryptocurrency Exchange)
Bitcoin Number: 386,000 BTC
1.84%
Fidelity (US, FBTC ETF)
Bitcoin Number: 199,831 BTC
0.95%
Grayscale (US, GBTC and BTC Mini) 198,000 BTC
≈ %0.94
Block.one (US, Crypto Software Company)
164,000 BTC
%0.78
Individuals
Satoshi Nakamoto (Unknown, Creator of Bitcoin)
Bitcoin Count: 1,100,000 BTC
%5.24
Winklevoss Brothers (Cameron and Tyler Winklevoss, US)
70,000 BTC
%0.33
Michael Saylor (US, Strategy CEO)
Bitcoin Count: 17,732 BTC (2020 data, personal)
%0.084