🤑🤑Ethereum ETFs Approved in Abrupt SEC Policy About-Face
Spot Ethereum ETFs will be traded in the United States, just months after spot Bitcoin ETFs received their own approval from the SEC.

In a stunning reversal, the U.S. Securities and Exchange Commission (SEC) announced on Thursday that it has approved eight applications for spot Ethereum ETFs, effectively green-lighting Ethereum trading on Wall Street.

The following funds were approved in the filing: the converted Grayscale Ethereum Trust, the Bitwise Ethereum ETF, iShares Ethereum Trust, VanEck Ethereum Trust, ARK/21 Shares Ethereum ETF, Invesco Galaxy Ethereum ETF, Fidelity Fund, and Franklin Ethereum ETF.

When will the spot Ethereum ETFs begin trading? It won't be tomorrow. Bloomberg ETF expert James Seyffart suggested in a tweet that it could be a "couple weeks" before the fund managers' S-1 documents are approved to enable trading.$ETH

🛑🛑🛑 Urgent Update🛑🛑🛑

ETF news will be released in less than 24 hours. Price has reached supply zone 3k8-3k9$.

massive volatility in 24 hours.

3k8-4k is not good zone for FOMO.
$ETH

i told you🤑🤑

Bitcoin, Ethereum, Dogecoin Shoot Up On One Of The Best Days For Crypto In 2024 Amid Ether ETF Approval Buzz: Analyst Flags 'Robust' US Investor Demand for King Crypto

The cryptocurrency market rallied handsomely on Monday over increased odds of approval of spot Ethereum ETFs, with Bitcoin coming close to breaking its all-time highs.

What Happened: The second-largest cryptocurrency, Ether, raked in gains of more than 20% on the day, resulting in a breach of $3,700 for the first time in more than two months.

The upsurge caused Ethereum's Open Interest to shoot up by nearly 28% over the last 24 hours, reaching record highs of $14.95 billion.

The rally came after two prominent Bloomberg analysts, Eric Balchunas and James Seyffart raised their odds of spot Ether ETF approval to 75% from 25%. The final deadline for various applications falls later this week.

Bitcoin added significant gains as well, surging past $71,000 in the last 24 hours. The King Crypto was withing touching distance of breaching its all-time high of $73,000 set in mid-March.

The bull run triggered liquidations worth nearly $350 million in the last 24 hours, with short liquidations soaring to $272 million.

The Cryptocurrency Fear & Greed Index started flashing " Extreme Greed" after more than a month, signaling high degree of FOMO in the market.

Top Gainer (24 Hour)
$BTC
$ETH
#MemeWatch2024

🤑

Ethereum funds face $23 million in outflows amid ETF uncertainty

Ethereum (ETH) crypto funds suffered over $23 million in weekly outflows, despite digital asset products witnessing $932 million in inflows for the same period, according to asset management firm CoinShares. The outflows are tied to a growing skepticism over the likelihood of the SEC approving a spot ETH exchange-traded fund (ETF) in the US.
Bitcoin remained the favored asset, attracting $942 million in inflows, while there was a negligible amount directed towards short Bitcoin positions, indicating a generally positive investor outlook. Altcoins also experienced inflows, with Solana, Chainlink, and Cardano receiving $4.9 million, $3.7 million, and $1.9 million, respectively.

The overall trading volume was a mere $10.5 billion for the week, a stark contrast to the $40 billion seen in March. The increase in inflows appears to be a direct reaction to a lower-than-expected Consumer Price Index (CPI) report released on Wednesday, with the latter three trading days contributing 89% of the week’s total inflows. This pattern suggests that Bitcoin prices are once again closely tied to interest rate expectations.
Regionally, the US led the charge with inflows of $1 billion. Grayscale, which had experienced significant outflows amounting to $16.6 billion since its ETF launch in January, saw its first inflows of $18 million in a notable shift.
Minor inflows were also recorded in Switzerland and Germany, totaling $27 million and $4.2 million, respectively. On the flip side, Hong Kong and Canada faced outflows of $83 million and $17 million.
Blockchain equities have been facing a challenging year, with outflows in 14 of the 20 weeks thus far, resulting in a cumulative outflow of $512 million.
$ETH
#ETHETFS

Dogecoin Founder Issues Important Malware Warning to Advertisers

Dogecoin Founder Billy Markus has shared an important message to advertisers on social media platforms like X. Known as a vocal activist on X, the Dogecoin founder uncovered key reasons why users block ads that pop up on their timelines.

Read more on U.Today https://u.today/dogecoin-founder-issues-important-malware-warning-to-advertisers
$DOGE

🔥BREAKING

US CPI: 3.4%

#Bitcoin 📱 is still moving in a bearish channel on the 4-hour time frame. After reaching the top of the channel, it could not pass through it and started to decrease again.
The support level of $57,500-$56,200 is important and there is a high probability that the price will fall back to this level and reach the bottom of the channel.
$BTC
#BTC

$PHB W😍
#CryptoWatchMay2024

#WLD ( Spot )

Entry : 5.100$

Targets
1st - $6.300
2nd - $8.100
3rd - $11.800

Stop Loss : $3.900

Exchange #Binance

💥 Technical Analysis 💥
The odds of another bullish Movement is Pretty high because the pattern which WLD is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens the price can increase very well .

#Eth  long use 3lev to 5lev

Buy : 2950 2980

Sell : 3100  - 3200 - 3400 ++++

Sl : no ....2700
$ETH

1. Stay Vigilant: Remain vigilant and skeptical of unsolicited messages, especially those urging you to invest quickly or promising guaranteed returns. Scammers often use pressure tactics to manipulate victims.
2. Verify Contacts: Always verify the identity of individuals or organizations contacting you about investments. Check official websites, social media accounts, and contact information to ensure legitimacy.
3. Ignore “Pump and Dump” Schemes: Avoid participating in “pump and dump” schemes, where scammers artificially inflate the price of a cryptocurrency before selling off their holdings, leaving unsuspecting investors with losses.
4. Use Cold Storage: Consider using cold storage options, such as hardware wallets, to store your cryptocurrencies offline. This reduces the risk​
$BTC $ETH $BNB
#ScamRiskWarning

1. Educate Yourself: Take the time to learn about cryptocurrencies, blockchain technology, and how they work. The more you know, the better equipped you’ll be to spot potential scams.
2. Verify Sources: Always verify the credibility of sources before trusting information or investment advice. Stick to reputable news sources, forums, and official project websites.
3. Diversify Investments: Avoid putting all your funds into one cryptocurrency or investment. Diversifying your portfolio can help mitigate risk and protect against potential losses.
4. Use Reputable Exchanges: Only use well-established and reputable cryptocurrency exchanges for buying, selling, and trading. Research the exchange’s security measures and user reviews before using it.
5. Stay Skeptical: Be cautious of unsolicited investment opportunities, especially those promising guaranteed returns or using high-pressure sales tactics. Trustworthy investments typically don’t require immediate action.
6. Report Suspicious Activity: If you encounter a potential scam or fraudulent activity, report it to the appropriate authorities or platforms. By doing so, you can help protect others from falling victim to the same scam.
$BTC $ETH $BNB
#ScamRiskWarning

1. Research Before Investing: Always conduct thorough research before investing in any new cryptocurrency. Understand the project’s background, team members, and technology.
2. Avoid Unrealistic Promises: Scam projects often promote unrealistic returns or schemes. If a project promises excessively high returns, it may be a scam.
3. Secure Your Wallet: Keep your crypto wallet secure at all times. Use strong passwords and enable two-factor authentication. Never share your private keys with anyone.
4. Be Wary of Phishing: Scammers often use phishing emails and fake websites to steal sensitive information. Always verify that you are interacting with authentic websites and emails.
5. Stay Informed: Stay updated on industry news and updates in the crypto industry. Keeping informed about scams and fraudulent activities is essential to keeping your funds secure.
6. Trust Your Instincts: If an offer or scheme seems shady or suspicious, avoid it. Trust your instincts and always remain cautious.
$BTC $ETH $SOL
#ScamRiskWarning

Forbes lists XRP, ADA, LTC, ETC among top "zombie" tokens

The number of tokens exceeds 14,000, and the crypto market cap stands at $2.4 trillion, but more may not always be merrier. Forbes has identified a group of 20 cryptos, dubbed “zombie blockchains,” that maintain high market valuations despite showing little to no real-world utility or user adoption.
The list includes well-known names such as Ripple (XRP), Cardano (ADA), Litecoin (LTC), Bitcoin Cash (BCH), and Ethereum Classic (ETC), all of which are characterized by their continued operation and trading without fulfilling practical purposes.
The term “zombie blockchains” refers to blockchain projects that, like the undead, exist but do not exhibit signs of life in terms of utility or substantial user bases.
These tokens continue to exist and sometimes even thrive financially due to speculative trading and substantial initial funding rather than because they have achieved their technological or practical goals.

Forbes analysts noted that Ripple’s XRP was initially designed to compete with the SWIFT banking network by facilitating rapid international bank transfers at minimal fees. However, it has failed to disrupt SWIFT and now relies heavily on speculative trading for its high market value, with minimal revenue from actual network usage.

“It’s largely useless, but the XRP token still sports a market value of $36 billion, making it the sixth-most valuable cryptocurrency,” analysts described.
“Ripple Labs is a crypto zombie. Its XRP tokens continue to trade actively, some $2 billion worth per day, but to no purpose other than speculation. Not only is SWIFT still going strong, but there are now better ways to send payments internationally via blockchains, especially stablecoins like tether, which is pegged to the U.S. dollar and has $100 billion in circulation,” they added.

$BTC $ETH $BNB
#ScamRiskWarning #Megadrop #bitcoinhalving

AMERICAN RAPPER EMINEM’S CRYPTO AD DEAL SPARKS MARKET DEBATE

Celebrity endorsements generate mixed reactions debate.
Regulatory scrutiny intensifies following industry scandals.
Market stability is unaffected by high-profile advertisements.
American rapper Marshall Mathers, who goes by Eminem, has recently partnered with Crypto.com for their new ad campaign. The commercial shows Eminem walking in a gym and combines the metaphor of the peak industry with phrases related to crypto, such as “proof-of-work.” Besides, a slogan is carved: “Fortune favors the brave
$BTC $ETH $BNB
#ScamRiskWarning

BPRJNEFE0H

#woo buy and hold big PUMP soon
$WOO

#FET buy and hold big PUMP soon
$FET