kripto bilgi

Pepe is on the rise.

Pepe, which entered the market like lightning, has recently become the new favorite of Binance users.
#pepe⚡

Countdown to Ethereum ETF decision: How will Bitcoin be affected?
23 May 202413:50 GMT+3

BTCUSD
+1.10%

ETHUSD
+0.55%
Bitcoin
BTCUSD
spot Ethereum on May 23
ETHUSD
It approached all-time highs hours before a decision on exchange-traded funds (ETFs).

Cointelegraph

BTC price targets favor Ethereum

Cointelegraph Markets Pro and TradingView data revealed that BTC price rose above $69,000 after two declines the previous day.

Expectations shifted upward as US institutions raised the possibility of approval for Ethereum ETFs.

Michaël van de Poppe, founder and CEO of MNTrading, stated in his latest analysis on X (formerly Twitter) that BTC price action is clean.

“We expect a test of the $67,500-$68,000 level before moving on. Everything is in the expectation that a potential Ethereum ETF will be approved.”

Cointelegraph

Continuing its peak prediction, BitQuant claimed that Bitcoin will reach 95 thousand dollars in June and 80 thousand dollars in May.

“Yes, $95k will extend into June, but the sharp decline from this local top will also occur in June, so the overall timeline for this local top is unchanged,” read part of the last X post.

In its next post, BitQuant predicted that Bitcoin would reach all-time highs before the halving. The analyst pointed to the third quarter of the year for the peak.

US Bitcoin ETFs Reach More Than 850 Thousand Tokens
23 May 202418:44 GMT+3

Spot bitcoin exchange-traded funds listed in the US have reached a new record of 850,707 BTC, rising above 845,000 since the beginning of April.

Among these funds, Grayscale's GBTC remains the largest holder of bitcoin with 289,300 tokens currently worth more than $20 billion, according to data tracked by @HODL15Capital. BlackRock's IBIT is right behind Grayscale with 283,200 BTC worth $19.6 billion.

CoinDesk Türkiye

Spot ETFs closed Wednesday with net inflows for the eighth consecutive day. This represents a sharp change, given that ETFs have consistently recorded net outflows over the past few weeks.

Newly launched whale wallets turn to 5 altcoins after Ether ETF approval
24 May 202412:34 GMT+3

BTCUSD
+1.06%

XRPUSDT
+0.95%

ETHUSD
+0.51%

XRPUSD
+1.07%
After the US Securities and Exchange Commission (SEC) approved Ether spot ETFs, cryptocurrency investors began to look more positively at many altcoins on the Ethereum network.

According to Lookonchain, an on-chain data tracking platform; Newly opened whale wallets that made million-dollar purchases turned to 5 altcoins after SEC approval. Lido (LDO), Aave (AAVE), Uniswap (UNI), Chainlink (LINK) and Ethereum Name Service (ENS) were among the purchases made by whales.

In the information provided, attention was drawn to the purchases made this morning:

0x43cA wallet opened 4 days ago, 82 thousand ENS worth 2 million dollars from Binance,

0xBbDC wallet, opened 4 days ago, contains 214 thousand UNIs worth 2 million dollars,

0xCD0a wallet, opened 5 days ago, contains 19.7 thousand AAVEs worth 2 million dollars,

0x2019 wallet opened 5 days ago, 19.9 thousand AAVE worth 2 million dollars,

Wallet 0xBD07, opened 5 days ago, contains 873 thousand LDOs worth 2 million dollars,

Wallet 0xe934, opened 4 days ago, contains 602 thousand LDOs worth 1.4 million dollars,

Wallet 0xf07B, opened 6 hours ago, contains 915 thousand LDOs worth 2.1 million dollars,

0x2A3C wallet opened 5 hours ago, 66 thousand LINK worth 1.3 million dollars

Dora Factory Provided $10 Million Strategic Financing
24 May 202414:09 GMT+3

Dora Factory, a leading decentralized governance infrastructure, announced the completion of another $10 million strategic raise. Nomad Capital, No Limit Holdings, Sky9 Capital, Singapore's UOB-Signum Blockchain Fund, Interop Ventures, Cai Wensheng's Longling Capital and nine other well-known institutional investors participated in the round.

The investment will accelerate the adoption and strategic expansion of Dora Factory's decentralized governance and public goods finance technology stack.

Dora Factory is a leading infrastructure focused on decentralized governance and public goods technology. Its core products include its flagship Public Good Staking infrastructure, which enables block incentive-driven ecosystem financing; Dora Vota, a Cosmos SDK application chain that hosts dGov protocols; It features anonymous MACI and public MACI, a privacy-preserving, collusion-resistant zk voting infrastructure, and a multi-chain Quadratic Governance protocol stack, an on-chain mechanism that democratizes public goods financing.

Despite the US Securities and Exchange Commission (SEC) granting historic approvals for eight Ethereum-based exchange-traded funds (ETFs), Ethereum has not surpassed $4,000.

Following the SEC's decision, Ethereum
ETHUSD
Its price rose to around $3,900, but quickly fell back to around $3,720. As of this writing, the price has stabilized somewhat and is hovering around $3,800.

Ethereum ETFs: Sell the News?

Ethereum, which ranks second in terms of market value among cryptocurrencies, recorded a modest increase of 0.65% in the last 24 hours. But in the previous week, it gained more than 28%, reflecting market optimism. Despite these gains, the expected push past the $4,000 threshold has yet to materialize.

Crypto analyst Jason Pizzino evaluated the developments.

“Ethereum ETF approved. But that wasn't enough to push the price above $4,000. “ETH/BTC also saw a weaker than expected rally,” he said.
This cautious approach of investors shows that they may view the latest news as a "selling the news" event. This phenomenon occurs when prices fall after major announcements as investors take advantage of the news boost.

TIME TO OPEN ETHEREUM ETF PRODUCT FOR TRADING

After Bitcoin ETF approval, ETF products were opened for trading very quickly. However, there is a possibility that investors will wait weeks, if not months, for Ethereum ETFs to be traded.

Investors think the market may gain momentum ahead of the entry of Ethereum ETFs. Although the SEC has approved the 19b-4 forms, it is waiting for Ethereum ETFs' S-1 registration statements to become effective before they can begin trading.

Potential Positive Effects of Delay

In fact, this delay creates an opportunity for investors to prepare and evaluate ahead of potential inflows into Ethereum ETFs. The views of some analysts on this subject are as follows: Zaheer Ebtikar, co-founder of Split Capital, states that the delay can prevent sudden price movements in the market. eToro analyst Simon Peters emphasizes that more Ethereum (ETH) could be purchased in anticipation of S-1 registration statements being approved. GSR Research Analyst Brian Rudick says the delay could encourage early entry into products and help the price of ETH.

While it is unclear when S-1 registration statements will go into effect regarding the eThereum ETF trading start time, JPMorgan analysts expect trading to begin well before November. The Block

The "Crypto Asset Law", which has been on our agenda for a long time, was finally submitted to the Turkish Grand National Assembly as an amendment proposal to the Capital Markets Law. During this process, many different drafts were leaked to the public and there were many changes, but it is possible to say that a version very close to the document known as the “November Draft” or “v.27” was published in our ecosystem. This proposal, which regulates many issues such as licensing of exchanges, transferring a portion of their revenues to the state, positioning of foreign exchanges, responsibility of managers, TÜBİTAK's role in the crypto asset ecosystem, user recognition rules, storage of crypto assets, has already created a great movement in the ecosystem. For those who don't know, there is no obligation to accept the offer as it is; It is also a legal possibility that it will be amended during the legalization process, rejected, or even partially or completely annulled if an annulment is requested from the Constitutional Court.

When we take a step back, as can be observed from the main justification, the passage of this law was highly desired by international organizations. We saw these regulations, which were expected to be published in the 3rd quarter according to the calendar, before the end of the 2nd quarter, as it is one of the issues directly associated with our country's exit from the FATF's "grey list". Although there may be changes in the content, I predict that the probability of it being rejected completely is quite low. The distinction made for crypto assets as securities, e-money and utility tokens in the justification also gives clues that they are working with an approach that follows Europe's new legislation, MiCA.

As of the new proposal, crypto asset service providers will be able to operate only if they obtain permission. The licensing approach is implemented in many countries around the world, in this sense we can say that it is a consistent regulation.

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