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๐Ÿ‡ฆ๐Ÿ‡บ ๐—”๐˜‚๐˜€๐˜๐—ฟ๐—ฎ๐—น๐—ถ๐—ฎ ๐—ช๐—ถ๐—น๐—น ๐—Ÿ๐—ฎ๐˜‚๐—ป๐—ฐ๐—ต ๐—™๐—ถ๐—ฟ๐˜€๐˜ ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป ๐—˜๐—ง๐—™ ๐—ถ๐—ป ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ The Australian Securities Exchange (ASX) could approve a spot Bitcoin ETF by the end of 2024. Bloomberg reports this. ๐Ÿ—ฃ According to BetaShares head of digital assets Justin Arzadon, the firm is preparing its Bitcoin ETF for listing on the ASX and has already reserved tickers. The influx of investment in the instrument in the United States โ€œproves that cryptocurrencies are here to stay,โ€ he added. Australia's $2.3 trillion superannuation market could help fuel inflows to funds, the article says. ๐Ÿ‡ญ๐Ÿ‡ฐ ๐™๐™ค๐™ข๐™ค๐™ง๐™ง๐™ค๐™ฌ, ๐™ฉ๐™๐™š ๐™›๐™ž๐™ง๐™จ๐™ฉ ๐™จ๐™ฅ๐™ค๐™ฉ ๐˜ฝ๐™๐˜พ ๐™–๐™ฃ๐™™ ๐™€๐™๐™ƒ ๐™€๐™๐™๐™จ ๐™ฌ๐™ž๐™ก๐™ก ๐™—๐™š ๐™ก๐™–๐™ช๐™ฃ๐™˜๐™๐™š๐™™ ๐™ž๐™ฃ ๐™ƒ๐™ค๐™ฃ๐™œ ๐™†๐™ค๐™ฃ๐™œ, ๐™ฉ๐™๐™ž๐™จ ๐™š๐™ซ๐™š๐™ฃ๐™ฉ ๐™ฌ๐™ž๐™ก๐™ก ๐™—๐™š ๐™–๐™ฃ๐™ค๐™ฉ๐™๐™š๐™ง ๐™ž๐™ข๐™ฅ๐™ค๐™ง๐™ฉ๐™–๐™ฃ๐™ฉ ๐™จ๐™ฉ๐™š๐™ฅ ๐™ž๐™ฃ ๐™ฉ๐™๐™š ๐™–๐™™๐™ค๐™ฅ๐™ฉ๐™ž๐™ค๐™ฃ ๐™ค๐™› ๐™˜๐™ง๐™ฎ๐™ฅ๐™ฉ๐™ค๐™˜๐™ช๐™ง๐™ง๐™š๐™ฃ๐™˜๐™ฎ ๐™ฉ๐™๐™ง๐™ค๐™ช๐™œ๐™๐™ค๐™ช๐™ฉ ๐™ฉ๐™๐™š ๐™ฌ๐™ค๐™ง๐™ก๐™™. $BTC $ETH #BTC #ETH #ETF

๐Ÿ‡ฆ๐Ÿ‡บ ๐—”๐˜‚๐˜€๐˜๐—ฟ๐—ฎ๐—น๐—ถ๐—ฎ ๐—ช๐—ถ๐—น๐—น ๐—Ÿ๐—ฎ๐˜‚๐—ป๐—ฐ๐—ต ๐—™๐—ถ๐—ฟ๐˜€๐˜ ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป ๐—˜๐—ง๐—™ ๐—ถ๐—ป ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ


The Australian Securities Exchange (ASX) could approve a spot Bitcoin ETF by the end of 2024. Bloomberg reports this.


๐Ÿ—ฃ According to BetaShares head of digital assets Justin Arzadon, the firm is preparing its Bitcoin ETF for listing on the ASX and has already reserved tickers. The influx of investment in the instrument in the United States โ€œproves that cryptocurrencies are here to stay,โ€ he added. Australia's $2.3 trillion superannuation market could help fuel inflows to funds, the article says.

๐Ÿ‡ญ๐Ÿ‡ฐ ๐™๐™ค๐™ข๐™ค๐™ง๐™ง๐™ค๐™ฌ, ๐™ฉ๐™๐™š ๐™›๐™ž๐™ง๐™จ๐™ฉ ๐™จ๐™ฅ๐™ค๐™ฉ ๐˜ฝ๐™๐˜พ ๐™–๐™ฃ๐™™ ๐™€๐™๐™ƒ ๐™€๐™๐™๐™จ ๐™ฌ๐™ž๐™ก๐™ก ๐™—๐™š ๐™ก๐™–๐™ช๐™ฃ๐™˜๐™๐™š๐™™ ๐™ž๐™ฃ ๐™ƒ๐™ค๐™ฃ๐™œ ๐™†๐™ค๐™ฃ๐™œ, ๐™ฉ๐™๐™ž๐™จ ๐™š๐™ซ๐™š๐™ฃ๐™ฉ ๐™ฌ๐™ž๐™ก๐™ก ๐™—๐™š ๐™–๐™ฃ๐™ค๐™ฉ๐™๐™š๐™ง ๐™ž๐™ข๐™ฅ๐™ค๐™ง๐™ฉ๐™–๐™ฃ๐™ฉ ๐™จ๐™ฉ๐™š๐™ฅ ๐™ž๐™ฃ ๐™ฉ๐™๐™š ๐™–๐™™๐™ค๐™ฅ๐™ฉ๐™ž๐™ค๐™ฃ ๐™ค๐™› ๐™˜๐™ง๐™ฎ๐™ฅ๐™ฉ๐™ค๐™˜๐™ช๐™ง๐™ง๐™š๐™ฃ๐™˜๐™ฎ ๐™ฉ๐™๐™ง๐™ค๐™ช๐™œ๐™๐™ค๐™ช๐™ฉ ๐™ฉ๐™๐™š ๐™ฌ๐™ค๐™ง๐™ก๐™™.

$BTC $ETH #BTC #ETH #ETF

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๐Ÿ“ฃ SEC Chairman Gensler weighs in on approving more token ETFs Gensler cites lack of investor protection in crypto markets amid ETF discussion. SECโ€™s Chairman Gary Gensler was questioned today on CNBCโ€™s Squawk on the Street about the possible approval of exchange-traded funds (ETF) indexed to tokens such as Osmosis (OSMO) and Bonk (BONK) in the US. Jim Cramer, one of the showโ€™s hosts, highlighted how multiple tokens registered millions in trading volume โ€œthis very morning,โ€ and questioned if the US shouldnโ€™t have โ€œsome sort of productsโ€ to capture this volume. ๐Ÿ’ฌ โ€œLet me say something more broadly about crypto markets: right now, without pre-judging anyone, these tokens, whether the ones Jim listed or other tokens, have not given you the disclosures that not only do you need to make your investment decisions, but also are required by the law,โ€ said Gensler. He adds that the SECโ€™s role is to guarantee investors have disclosure and that exchanges are properly regulated to prevent fraud, market manipulation, and avoid trading against their customers. ๐Ÿ’ฌ โ€œAnd these crypto exchanges, Jim, are doing things we would never allow this New York Stock Exchange to do. Our laws donโ€™t allow you to trade against your customers.โ€ Furthermore, Gensler mentions bankruptcy cases in crypto. Although he doesnโ€™t name specific companies or their former executives, the SEC Chairman hints that his remarks apply to Do Kwon, former Terraform Labsโ€™ CEO, who is facing an extradition case after being arrested in Montenegro. ๐Ÿ’ฌ โ€œSome of the leading lights in this field are either in jail, or about to go to jail, or waiting for extradition [โ€ฆ] Itโ€™s a suboptimal situation for investors. You are investing in a field right now that you are not getting the proper disclosure,โ€ concludes Gensler on the next crypto ETFs topic. #gensler
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๐Ÿ”ป Notcoin Price Prediction: Reasons Meme Coin Crashing Suddenly The meme coin that surprised investors last week, rising by more than 4x to $0.02836 is in the red, as bulls fight to secure support at $0.02. Cryptoโ€™s most viralย meme coinย is back in the red after leading a profound rally since last week. Notcoin sellers are gradually trimming the 302% fortnight gain, leaving bulls gasping for air. The token still sustains a 120% increase in value in the last seven days but the last 24 hours have been intensely bearish, with declines reaching 12% during US business hours on Wednesday. Before the correction, NOT surged to achieve a new all-time high of $0.02836. Investors who purchased the viral tap-to-earn meme coin at an all-time low of $0.004611 are up more than 300% on their initial investment. ๐Ÿ”ธ Why Is Notcoin Falling? Profit-taking is one of the major factors causing instability in the market. Early investors are quick to cash out for profit, which they are likely to distribute toย Bitcoinย and other established altcoins. Following the incredible rally last week, headwinds were expected. Now,ย Notcoinย as an uphill battle to prove to investors that it can hold its value. This will attract interest from traders who are likely to bet on the next breakout to a new all-time high. Amid the volatility, Notcoin hovered at $0.02116. The technical structure hints at the downtrend continuing in the coming sessions. Similarly, investors seem to have turned to more established meme coins, some of which spiked in double digits on June 5.ย Flokiย hit a new all-time high, and is sustaining a 17% surge in the last 24 hours. ๐Ÿ”ธ Can Bulls Fight For Recovery? The path of least resistance is strongly inclined downwards, especially with NOT price sliding below the 20-day Exponential Moving Average (EMA) in blue. Backing the bearish outlook is a vivid sell signal from the Moving Average Convergence Divergence (MACD) indicator. Increasing red histograms is another bearish sign to consider when intending to trade NOT. $NOT #NOT #NotCoin
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๐Ÿš€ Terra Luna Classic: LUNC Breaks Out; Bulls Eye 50% Gains After Binanceโ€™s token burn and the v3.0.1 upgrade, the LUNC price broke out of a key market structure, with bullish investors aiming for potential 50% gains. Genuine Labs, a Terra Luna Classic development team, upgraded the chain to v3.0.1 on June 2, 2024. The community had been anticipating this upgrade, and LUNCโ€™s price surged on May 30, following the classic โ€œbuy the rumor, sell the newsโ€ pattern. As of Wednesday during European business hours, LUNC was priced around $0.00012, up 2.2% in 24 hours and 0.6% over the past week. ๐Ÿ”ธ Terra Luna Classicโ€™s Bullish Momentum and Potential Price Targets The Terra Luna Classic (LUNC) price is currently trending above the 50-day and 200-day simple moving averages (SMA), indicating a bullish outlook for the asset. Over the past 48 days, the bulls have been in an accumulation zone, forming an ascending triangle. On May 30, 2024, LUNCโ€™s price broke upward and soon retested the upper boundary of the ascending triangle. Now, the price may be preparing to bounce off this resistance-turned-support level. If LUNC rallies higher, it could reach $0.0001760, a 50% increase from its current price. However, the journey upwards mightย encounter resistanceย around $0.000136 and $0.000154. In a bearish scenario, LUNCโ€™s price may find support around $0.000105 and $0.00009. ๐Ÿ”ธ Future of LUNC Hinges on Community and Legal Developments The price of Terra Luna Classic (LUNC) largely depends on the future direction of the blockchain, driven by the community. Investors are keeping a close watch on the markets, as theย lawsuit involving Do Kwon and Terraform Labsย could significantly impact LUNCโ€™s price. โ€œThereโ€™s been a lot of uncertainty since the end of the trial. Like always with these things Iโ€™ve had to stay quiet while I work out the details. Iโ€™m hopeful that Iโ€™ll be able to share what Iโ€™ve been working on by early next week at the latest.โ€ $LUNC #LUNC
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๐Ÿ“ˆ FLOKI Price Could Face Correction After Hitting All-Time High Flokiโ€™s recent surge to an all-time high has certainly turned heads, riding a strong upward trend. Much credit for this momentum goes to Bitcoinโ€™s own recovery journey from its $56,000 price level, inching closer to its record high of $73,000. Floki, known for its wild swings and meme status, has been in the spotlight. ๐Ÿ”ธ More Upside for Floki? The market capitalization is hovering around $3.1 billion. Given its significance as an important psychological threshold, the next resistance zone could potentially be at $4 billion. Interestingly, amidst this surge, the price has found considerable support at key exponential moving averages, particularly in the 1-hour and 4-hour timeframes. This underscores the resilience of Flokiโ€™s upward trajectory. During the uptrend, the EMA 50 and 100 played crucial roles as support levels. These levels play a crucial role as support and resistance points. The volume profile highlights significant support and resistance ranges, with the 4-hour profile currently indicating a weak resistance zone at current prices. A potential correction might bring the price back to around $0.00028 before resuming its upward trend towards new all-time highs. Observing the volume profile, it becomes evident that our present prices are associated with a notably weak resistance zone. This suggests the market has struggled to maintain higher prices in this area, indicating a potential barrier to upward movement. Considering this, itโ€™s reasonable to anticipate a corrective movement in the price. A likely target for this correction could be around the $0.00028 level. This would allow the market to readjust before potentially resuming its upward trajectory. Itโ€™s important to note that corrections are a natural part of market movements and often serve to establish healthier price dynamics. Therefore, a pullback to the $0.00028 level shouldnโ€™t necessarily be interpreted as a negative development. $FLOKI #Floki
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๐Ÿ”ฅ 4 Altcoins for NOW ! ๐Ÿ”ธ Polygon (MATIC) Price Overview: Bearish Trend and Key Levels to Watch Polygon (MATIC) is trading in the $0.67 to $0.73 range. The price is in a corrective phase, with a one-week decline of 6.04% and a one-month drop of 4.11%. The nearest resistance level is $0.78, while the nearest support is $0.64. With the RSI at 42.15 and a bearish MACD, MATIC shows potential for further downside. The six-month price dip stands at 14.63%. ๐Ÿ”ธ Cosmos (ATOM) Price Struggles to Gain Momentum Cosmos (ATOM) is currently in a price range of $8.01 to $8.74. The coin faces resistance at $9.19 and $9.92, with support at $7.73 and $6.99. Its 10-day and 100-day simple moving averages are close, sitting at $8.34 and $8.35, respectively. The RSI is 42.89, and the Stochastic is 21.87, indicating weak momentum. MACD is slightly negative at -0.01. The price has dropped by 4.10% in the past week, 4.34% in the last month, and 14.66% in six months, showing corrective moves. ๐Ÿ”ธ Chainlink (LINK) Price Overview: Current Trends and Predictions Chainlinkโ€™s (LINK) current price range is between $16.96 and $19.28. The coin is in a corrective move. LINK recently saw a one-week price drop of 6.46% but had a one-month rise of 22.49%. The six-month change is 14.95%. Itโ€™s near a support level of $15.76, with resistance at $20.42. With an RSI of 39.21, Stochastic at 37.79, and MACD at -0.11, prices are below the 100-day SMA of $18.14, indicating a potential stabilization zone. ๐Ÿ”ธ Stellar (XLM) Price Overview: Eyes on Resistance Levels Stellar (XLM) is trading between $0.10 and $0.11. Over the past week, XLM has dropped by 6.63%. For the past month, itโ€™s down by 6.98%, and over six months, it has fallen by 17.50%. Indicators show a corrective move, with RSI at 37.74 and Stochastic at 9.96. If the support at $0.10 holds, a push to $0.11 could be next. $MATIC $LINK $ATOM #XLM #LINK #ATOM #MATIC
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