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🔶BINANCE SQUARE CREATOR AWARDS 2023🔶 🏆CREATOR OF THE YEAR - INDIVIDUAL 🏆EXCELLENCE AWARD - TOP VOICE 💪I am proud to receive both awards. 🙏Thank you @null for honoring me in this way. @BinanceTurkish @CZ #Binance #BinanceSquare #BinanceLaunchpool $BNB

🔶BINANCE SQUARE CREATOR AWARDS 2023🔶


🏆CREATOR OF THE YEAR - INDIVIDUAL

🏆EXCELLENCE AWARD - TOP VOICE

💪I am proud to receive both awards.

🙏Thank you @null for honoring me in this way.

@Binance Global Türkçe @CZ

#Binance #BinanceSquare #BinanceLaunchpool $BNB

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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Ethereum open interest rises 50%, SEC Chair warns of ETF delays SEC Chair says Ethereum ETFs ‘will take some time’ to debut. After SEC's ETF U-turn, ETH exchange open interest rose 50% to a record high. New accumulating addresses with 10-10K and 10K-100K ETH have increased gradually after ETH ETF 19b-4 certification. Following SEC Chair Gary Gensler's suggestion that spot ETH ETFs may be postponed, Ethereum (ETH) traded around $3,860 on Wednesday. Open interest in Ethereum futures instruments on exchanges has increased. SEC Chair Gary Gensler told CNBC on Wednesday that spot ETH ETFs will "take some time" to launch on exchanges, implying S-1 licenses are unlikely. He said his organization is currently working with exchanges on transparency. Ethereum leveraged ETFs launch without price response Following the SEC's rapid clearance of 19b-4 files from eight issuers on May 23, experts anticipated a speedy response to S-1 registration statements. The SEC's Friday request for new S-1 reports appeared to validate these experts' forecasts. Bloomberg analyst Eric Balchunas predicted July spot ETH ETF launches after the registrations. However, Gensler's statements may delay ETF trade. According to CCData Exchange Review for May, exchange open interest (OI) for ETH derivatives products hit a record $14 billion, up 50.3%. According to CryptoQuant, new accumulating addresses holding 10K–10K and 10K–100K ETH have been developing quickly following the SEC's ETH ETF shift. The horizontal move matches ETH's 30-day MVRV, which has been at 6% for a week. On average, Ethereum addresses that bought the currency in the previous 30 days gained 6%. Whales are still buying ETH, and long-term and short-term investors will likely keep onto their coins despite the horizontal trend. ETH may remain horizontal until spot ETH ETFs start. For short-term price movements, $3,618 maintains critical support. ETH may break $4,093 barrier and flip $4,878 to reach $5,000 in the long run. #ETHETFsApproved #ETH #BTC $ETH
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Ripple CEO Reveals XRP ETF Approval Date The timeframe for an XRP ETF has been revealed by Ripple CEO Brad Garlinghouse. Garlinghouse predicted an XRP ETF at Consensus 2024. Garlinghouse discussed the regulatory landscape of cryptocurrencies in an exclusive Fox Business interview on June 4, emphasizing the SEC's approval of Ethereum Spot ETFs and the potential introduction of an XRP ETF. Garlinghouse agreed that Ethereum Spot ETFs might start trading by July 2024 when asked whether they will start next month. The Ethereum Spot ETF is “a big deal,” he said, since it expands worldwide investor access. He also said that Spot Bitcoin ETFs have generated billions in inflows, demonstrating investor interest in the asset class. Garlinghouse predicts an XRP ETF by 2025, citing Ethereum and XRP's functional and decentralized commonalities. Last week at Consensus 2024, Ripple CEO said an XRP ETF was imminent. He told Fox Business that the SEC's approval of Bitcoin and Ethereum ETFs opens the door for additional cryptocurrency ETFs. Garlinghouse also recognized that the US SEC may complicate XRP ETF clearance. He believes the regulator will approve an XRP ETF. He stated that investors prefer diversification versus single-product exposure. Growing demand in Spot Ethereum and Bitcoin ETFs might lead to the introduction of new crypto ETFs, including Solana, XRP, and Cardano. Garlinghouse was asked about the likely causes of Bitcoin, Ethereum, and XRP's rapid spike during the previous week. Following Ethereum Spot ETF certification, Bitcoin has topped $70,000 and Ethereum has seen significant inflows, according to the interviewer. XRP has gained 1.17% in 24 hours and is trading at $0.52, according to CoinMarketCap. Garlinghouse stated that US political factors drove the unanticipated market surge. The Ripple CEO said that the US has lagged in cryptocurrency invention and development while being the world's biggest economy. #XRP #Ripple $XRP #ETHETFsApproved #altcoins @Ripple Network
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Has Jasmy Coin Sold Out? A 52% Explosion in the Price of Jasmy With a 52 percent increase in value over the last week, the price of JasmyCoin ($JASMY), a cryptocurrency used for decentralized data storage, is now $0.03897. Investors' assumption that the cryptocurrency firm had teamed up with Apple's iPhone sparked the spike. The veracity of the rumors has been confirmed since then. The misunderstanding stemmed from people assuming that JasmyCoin, a decentralized on-chain solution for personal data storage, was involved in Apple's recent statement that it would be integrating Japan's ID card system into its iPhones. Introducing $JASMY, the "Japanese Bitcoin" that empowers individuals with a Personal Data Locker (PDL) to safeguard their personal information. This information is available to them to share with corporations that are prepared to pay for it, if they so want. This model's goals are to make data storage more secure, reduce the likelihood of leaks, and make it easier for consenting parties to share and utilize data. The Current Value of JasmyCoin Despite $JASMY's recent dominance in the dePIN market, its closest competitor, Arweave, had a 20% surge in value last week. In comparison, the king of cryptocurrencies, Bitcoin ($BTC), had a relatively modest 2.9% increase overnight and 4.4% week-over-week growth, reaching $70,919 in trading. Ethereum ($ETH), the token driving $JASMY's native blockchain, was authorized for exchange-traded funds (ETFs) on May 23, marking the beginning of a two-part increase in the price of $JASMY. Thanks to this report, the token was able to break above the $0.025 barrier level (seen by the vertical red line), but on May 30, speculations about Apple caused the price to soar beyond $0.04. Here, Jasmy could have discovered a new level of resistance. Things might go either way according to the steady relative strength index (RSI) of 48 and dropping, but since the Apple rumors were cleared up, Jasmycoin's price surge seems to be losing pace. #Jasmy $JASMY @Jasmy-MGT #altcoins #btc70k
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For what reasons has the price of Shiba Inus and Dogecoin risen today? Dogecoin and Shiba Inu's recent price increases are mostly attributable to the Bitcoin price recovery, therefore the same forces that are propelling Bitcoin's price are also propelling these meme currencies' price increases. Resilient news coming from the US is helping to propel this comeback. Job markets in the United States are showing signs of stabilization, according to the most recent JOLTS survey. The job-to-worker ratio has apparently hit 1.2, its lowest point in three years. The last low point came in 2021, during the last bitcoin bubble market. While the number of layoffs has decreased, the rate of employee turnover has remained relatively same. At the same time, investor confidence has skyrocketed, leading to a flood of capital into digital assets like Bitcoin and Ethereum. A study from CoinShares states that digital asset investment products received $185 million in only the last week, indicating that both retail and institutional investors are positive on the market. Because of these factors, the price of Bitcoin has soared, and altcoins such as Shiba Inu and Dogeocin have also seen price increases. Dogecoin and Shiba Inu have both seen increases over the last 24 hours, but Shiba Inu has fared far better. According to statistics from CoinGecko, Dogecoin's stats showed a rise of 3.7% in the 24-hour period. Its market valuation increased to $23.6 billion as a result, and its price soared past $0.16. Based on the statistics provided by CoinGecko, Shiba Inu has also seen increases in the double digits, reaching a whole of 10.2%. The meme coin's market value has risen past $15.4 billion as a consequence of this comeback, which has allowed it to surpass the $0.000026 barrier. #DOGE #SHIB #altcoins $SHIB $DOGE
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The Solana Price Is Expected to Rally 18% Soon After regaining support around Tuesday's one-month rising trendline at $164.50, the price of Solana continues to rise on Wednesday. At support levels ranging from $160.02 to $144.48, investors may choose to accumulate SOL. The bullish thesis would be rendered invalid if the daily candlestick closes below $137.58. Sidelined traders now have a chance to purchase Solana (SOL) before the token extends gains, as its price raises for a third day in a row on Wednesday and seems ready for another 18% surge, according to technical indicators. Although the price of Solana has been steadily rising over the $160 mark, there are still potential buying opportunities for bulls on the sidelines at the following levels: The $160.02 daily support level, which is the highest point since April 23. Around $144.48, the 61.8% Fibonacci level of retracement. Assuming a reversal at $160.02, Solana would surge 18% to May 21's all-time high of $188.84. The RSI and AO indicators, which show that bullish momentum is in charge, have found support at 50 and 0, respectively, lending credence to the previously reported rebound. Assuming a fervently positive prediction, SOL may revisit the daily closing on March 31 and surge an extra 7% to $202.45. Nevertheless, a shift in market structure in favor of bears might occur if the SOL daily candlestick closes below the $137.58 low of May 13 and sets a lower bottom on the daily time frame. If this shift proves the bullish argument wrong, we might see a 16% drop to $115.89, the level of daily support that held since April 13. #Sol #Solana $SOL #altcoins @Solana Official
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