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$ETH ETF is about to get approved very soon. Some might think that it's something similar to $BTC ETF approval. However, it will have a much more significant effect on the markets. $BTC had no ecosystem -> money flowing only into the $BTC itself $ETH has huge ecosystem -> money flowing in all different sectors Once money starts flowing into $ETH, investors will start looking for juicier opportunities in the ecosystem and a bullish narrative. Many forgot about OG Ethereum memes that have yet to start pumping, so now is the time to accumulate. Here is some that I am closely watching and accumulating: $DOGE - $0.169 $SHIBA - $0.000025 $MEME - $0.0282 $MAGA - $0.0001427 It doesn't matter when, but the meme season will start, and OG $ETH meme coins will outperform all newly created meme coins. Study the markets, make generational wealth and make your fam proud 🤝 #bitcoin #Binance #SEC #Web3 #solana

$ETH ETF is about to get approved very soon.

Some might think that it's something similar to $BTC ETF approval. However, it will have a much more significant effect on the markets.

$BTC had no ecosystem -> money flowing only into the $BTC itself

$ETH has huge ecosystem -> money flowing in all different sectors

Once money starts flowing into $ETH, investors will start looking for juicier opportunities in the ecosystem and a bullish narrative.

Many forgot about OG Ethereum memes that have yet to start pumping, so now is the time to accumulate.

Here is some that I am closely watching and accumulating:

$DOGE - $0.169

$SHIBA - $0.000025

$MEME - $0.0282

$MAGA - $0.0001427

It doesn't matter when, but the meme season will start, and OG $ETH meme coins will outperform all newly created meme coins.

Study the markets, make generational wealth and make your fam proud 🤝

#bitcoin #Binance #SEC #Web3 #solana

Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
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🚨 History was made in the world of #Bitcoin! On July 1, 2021, the network experienced its longest-ever block time of 2 hours and 19 minutes 🕰️, spanning blocks 689300 and 689301! This significant event is a testament to the dynamic nature of the decentralized #Bitcoin network and serves as a valuable learning experience for future development. The block time is a critical aspect of the Bitcoin network's operation, influencing transaction speed and overall network efficiency ⚙️. So, what does this historical event mean for the network? Here are a few takeaways: 1️⃣ **Block time benchmark**: This record-breaking event sets a new standard for block times, allowing developers to work towards improving the network's efficiency. 2️⃣ **Network performance insights**: This prolonged block time provides valuable information on the network's performance and potential bottlenecks that need to be addressed. 3️⃣ **Optimization opportunities**: This event highlights areas for improvement, driving further research and development to optimize the Bitcoin network's operation. In conclusion, this record-breaking block time marks a significant moment in Bitcoin's history, offering valuable insights into the network's operation and serving as a benchmark for future development. The Bitcoin can use this experience to drive further innovation and optimization, ensuring the continued growth and success of the world's leading cryptocurrency! 💥 #CryptoCrash #EthereumETF #FOMCMeeting #BlockchainNews
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😒 It seems like the cryptocurrency market just doesn't want to budge, stuck in a bearish trend that refuses to turn around. Even with positive economic indicators, the likes of Bitcoin, Ethereum, Solana, and Litecoin continue to drop in value. What gives? 🤔 Michaël van de Poppe, a well-known crypto analyst, dives in to offer his insights on the factors behind this puzzling market behavior. On one hand, we've got the release of important macroeconomic data points this week, like the Consumer Price Index (CPI) and the Producer Price Index (PPI). These indicators were positive and would typically be a boon for risky assets like cryptocurrencies. But, on the other hand, we've also got the FOMC meeting, where Jerome Powell delivered a surprisingly hawkish speech, revising downward the number of potential rate cuts for 2024. That's a major market driver right there! 💸 And, let's not forget that consumer sentiment data came in lower than expected at 65.6, which might increase the likelihood of interest rate cuts. But, with Powell's stance, who knows what'll happen? Despite all this, the crypto market continues to drop, defying all expectations. But, here's the thing - the US Dollar has strengthened, reaching 105.75 points, while Treasury Bond Yields have dropped significantly, with the 2-year yield reaching its lowest point in two months (4.694%) and the 10-year yield falling to 4.211%. 💸 Oh, and don't forget that gold has been on an upward trend, diverging from Bitcoin's performance. 🥇 Now, add to the mix the uncertainty surrounding an Ethereum ETF decision and we're left with a market that's just stuck in the mud. 🤦‍♂️ But, don't give up hope just yet! Van de Poppe suggests that we might be due for an upward movement soon, even as uncertainties surround rate cuts. One more week of downward pressure, and who knows, maybe the tides will turn? 🌊 What do you think? Can the crypto market find a way to shake off this bearish trend? Or will we be stuck in this rut for a while longer? Share your thoughts! 💬 #Market #CryptoMarket #btc70k
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