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OMNI/USDT call Update 🔥 OMNI/USDT (LONG)🌈 Entry Range 18.20- 19.15 USDT. Leverage: Cross 3x to 5x Take Profit (TP) Levels: 19.75 20.45 21.00 21.45 Stop Loss (SL): 17.74 wait for dip. stay safe. use SL. best wishes. #OMNI @Bitcoin_Farmer_2018
OMNI/USDT call Update 🔥

OMNI/USDT (LONG)🌈

Entry Range

18.20- 19.15 USDT.

Leverage:
Cross 3x to 5x

Take Profit (TP) Levels:

19.75
20.45
21.00
21.45

Stop Loss (SL):
17.74

wait for dip.
stay safe.
use SL.
best wishes.

#OMNI @Bitcoin Farmer 2018
OMNI/USDT call Update 🔥 OMNI/USDT (LONG)🌈 Entry Range 18.20- 19.15 USDT. Leverage: Cross 3x to 5x Take Profit (TP) Levels: 19.75 20.45 21.00 21.45 Stop Loss (SL): 17.74 wait for dip. stay safe. use SL. best wishes. #OMNI @Bitcoin_Farmer_2018
OMNI/USDT call Update 🔥

OMNI/USDT (LONG)🌈

Entry Range

18.20- 19.15 USDT.

Leverage:
Cross 3x to 5x

Take Profit (TP) Levels:

19.75
20.45
21.00
21.45

Stop Loss (SL):
17.74

wait for dip.
stay safe.
use SL.
best wishes.

#OMNI @Bitcoin Farmer 2018
When weekly analysis was done on the BAND coin, its targets came out like this: 1st target $2 🔥🚀 2nd target $2.35🔥🚀🚀 third and last target $2.75, 🔥🚀🚀🚀 buy and hold for a few days, buy with a low amount only, best wishes. 🌈 @Bitcoin_Farmer_2018 #BAND 🔥
When weekly analysis was done on the BAND coin, its targets came out like this:

1st target $2 🔥🚀

2nd target $2.35🔥🚀🚀

third and last target $2.75, 🔥🚀🚀🚀

buy and hold for a few days, buy with a low amount only, best wishes. 🌈

@Bitcoin Farmer 2018 #BAND 🔥
According to me, if Omni Coin goes above $30 then it will soon be seen at its all time high price in the future.🌈🚀 @Bitcoin_Farmer_2018 #OMNI
According to me, if Omni Coin goes above $30 then it will soon be seen at its all time high price in the future.🌈🚀
@Bitcoin Farmer 2018 #OMNI
Some facts related to FLOKI. 🚨 The Community Spirit🧐💸 What truly sets Floki Coin apart is its strong community ethos. Like a tightly knit Viking clan, Floki Coin enthusiasts come together to support and uplift one another, creating a sense of camaraderie that is rare to find in the world of cryptocurrencies. The Intriguing Technology Behind Floki Coin Powered by the Binance Smart Chain, Floki Coin leverages cutting-edge blockchain technology to ensure secure and efficient transactions. The use of smart contracts adds an extra layer of transparency and reliability to the platform, making it a favored choice among tech-savvy investors.🧐💸 Understanding the Tokenomics💥📶 With a limited supply and a deflationary mechanism in place, Floki Coin is designed to increase in value over time. This unique tokenomics model sets it apart from other cryptocurrencies, making it an attractive investment option for those looking to diversify their portfolio. Navigating the Ecosystem🚨🚨 Floki Coin isn't just a digital currency; it's a vibrant ecosystem teeming with possibilities. From decentralized applications to decentralized finance solutions, Floki Coin offers a wide array of opportunities for users to explore and capitalize on. Embracing the Future🌈 As Floki Coin continues to grow and evolve, it remains steadfast in its commitment to innovation and progress. With a roadmap that promises exciting developments on the horizon, the future looks bright for this enigmatic cryptocurrency. Delving Into the Origins 🔥🔥 Floki Coin, named after the legendary Viking explorer Floki Vilgeroarson, has taken the cryptocurrency world by storm. Just like the daring explorer it's named after, Floki Coin sets out on a journey to conquer new horizons in the digital realm. In conclusion, Floki Coin is not just a digital currency; it's a symbol of exploration, innovation, and community. As we unravel the secrets of Floki Coin, we embark on a journey that promises excitement, growth, and endless possibilities in the ever-evolving landscape of crypto. #floki
Some facts related to FLOKI. 🚨

The Community Spirit🧐💸
What truly sets Floki Coin apart is its strong community ethos. Like a tightly knit Viking clan, Floki Coin enthusiasts come together to support and uplift one another, creating a sense of camaraderie that is rare to find in the world of cryptocurrencies.

The Intriguing Technology Behind Floki Coin
Powered by the Binance Smart Chain, Floki Coin leverages cutting-edge blockchain technology to ensure secure and efficient transactions. The use of smart contracts adds an extra layer of transparency and reliability to the platform, making it a favored choice among tech-savvy investors.🧐💸

Understanding the Tokenomics💥📶
With a limited supply and a deflationary mechanism in place, Floki Coin is designed to increase in value over time. This unique tokenomics model sets it apart from other cryptocurrencies, making it an attractive investment option for those looking to diversify their portfolio.

Navigating the Ecosystem🚨🚨

Floki Coin isn't just a digital currency; it's a vibrant ecosystem teeming with possibilities. From decentralized applications to decentralized finance solutions, Floki Coin offers a wide array of opportunities for users to explore and capitalize on.

Embracing the Future🌈

As Floki Coin continues to grow and evolve, it remains steadfast in its commitment to innovation and progress. With a roadmap that promises exciting developments on the horizon, the future looks bright for this enigmatic cryptocurrency.

Delving Into the Origins
🔥🔥
Floki Coin, named after the legendary Viking explorer Floki Vilgeroarson, has taken the cryptocurrency world by storm. Just like the daring explorer it's named after, Floki Coin sets out on a journey to conquer new horizons in the digital realm.

In conclusion, Floki Coin is not just a digital currency; it's a symbol of exploration, innovation, and community. As we unravel the secrets of Floki Coin, we embark on a journey that promises excitement, growth, and endless possibilities in the ever-evolving landscape of crypto.

#floki
Ancient Bitcoin (BTC) Whales Reawakening: Details The Bitcoin network is witnessing a remarkable phenomenon: the reawakening of ancient BTC whales. These entities, which have not moved their holdings for over a decade, are now resurfacing, contributing to a significant spike in on-chain activity.  This surge in activity among long-dormant Bitcoin addresses marks a significant trend in this current market cycle, reflecting an increase in the movement of old BTC holdings. According to Julio Moreno, the head of research at CryptoQuant, This current cycle has awakened more Bitcoin OG's than ever. The 10+ year-old Bitcoin spending indicator reached a record high of 3.7% in March, when Bitcoin traded near $70,000, Moreno added.  Interestingly, this indicator is currently at 2.5%, which represents the 30-day cumulative spending annualized of Bitcoin with more than 10 years old. This uptick is not far from the record high of 3.7% observed in March, signaling the resurgence of Bitcoin ancient whales.  The term "ancient whales" refers to the earliest adopters of Bitcoin, who mined or purchased the cryptocurrency when it was in its infancy and far less valuable than it is today. As reported in the week, an early Bitcoin miner from the Satoshi era has moved 2,000 BTC coins mined way back in 2010.  The reactivation of these ancient Bitcoin wallets is not merely a curiosity but a significant event that could have profound implications for the market. The spending of such old coins is a rarity, and when it happens, it is monitored closely for potential impacts on market dynamics.  Old Bitcoin miners and whales often act as a source of liquidity and distribution, hence the attention such moves get.  The cryptocurrency community and market analysts are closely monitoring this trend. Some view the reactivation of old addresses as a natural progression as Bitcoin matures as an asset class. Others are more cautious, considering it a sign of potential market cooling or preparation for a major price move.  #bitcoin
Ancient Bitcoin (BTC) Whales Reawakening: Details

The Bitcoin network is witnessing a remarkable phenomenon: the reawakening of ancient BTC whales. These entities, which have not moved their holdings for over a decade, are now resurfacing, contributing to a significant spike in on-chain activity. 

This surge in activity among long-dormant Bitcoin addresses marks a significant trend in this current market cycle, reflecting an increase in the movement of old BTC holdings.

According to Julio Moreno, the head of research at CryptoQuant, This current cycle has awakened more Bitcoin OG's than ever. The 10+ year-old Bitcoin spending indicator reached a record high of 3.7% in March, when Bitcoin traded near $70,000, Moreno added. 

Interestingly, this indicator is currently at 2.5%, which represents the 30-day cumulative spending annualized of Bitcoin with more than 10 years old. This uptick is not far from the record high of 3.7% observed in March, signaling the resurgence of Bitcoin ancient whales. 

The term "ancient whales" refers to the earliest adopters of Bitcoin, who mined or purchased the cryptocurrency when it was in its infancy and far less valuable than it is today.

As reported in the week, an early Bitcoin miner from the Satoshi era has moved 2,000 BTC coins mined way back in 2010. 

The reactivation of these ancient Bitcoin wallets is not merely a curiosity but a significant event that could have profound implications for the market. The spending of such old coins is a rarity, and when it happens, it is monitored closely for potential impacts on market dynamics. 

Old Bitcoin miners and whales often act as a source of liquidity and distribution, hence the attention such moves get. 

The cryptocurrency community and market analysts are closely monitoring this trend. Some view the reactivation of old addresses as a natural progression as Bitcoin matures as an asset class. Others are more cautious, considering it a sign of potential market cooling or preparation for a major price move. 
#bitcoin
What Caused Ethereum’s Price Drop?🧐🧐 On the final decision date for the VanEck ETF, the SEC granted approval to all eight pending Ethereum spot ETFs. 🚀 These investment vehicles enable investors to gain exposure to Ethereum’s price movements without directly purchasing the tokens.💸🔥 ETFs are a well-known financial instrument in traditional markets, allowing investors to bypass the complexities of crypto exchanges and wallets. 🚨🚨 The approval of Ethereum ETFs was anticipated, mirroring the process seen with Bitcoin spot ETFs earlier this year.🔥🔥 Historically, despite initial declines following approval, ETFs have driven substantial price increases for Bitcoin, reaching all-time highs (ATH). However, the Ethereum market reacted with a nearly 3% price drop, accompanied by broader market negativity.🔥🔥 #Ethereum #ETF @Bitcoin_Farmer_2018
What Caused Ethereum’s Price Drop?🧐🧐

On the final decision date for the VanEck ETF, the SEC granted approval to all eight pending Ethereum spot ETFs. 🚀

These investment vehicles enable investors to gain exposure to Ethereum’s price movements without directly purchasing the tokens.💸🔥

ETFs are a well-known financial instrument in traditional markets, allowing investors to bypass the complexities of crypto exchanges and wallets.
🚨🚨
The approval of Ethereum ETFs was anticipated, mirroring the process seen with Bitcoin spot ETFs earlier this year.🔥🔥

Historically, despite initial declines following approval, ETFs have driven substantial price increases for Bitcoin, reaching all-time highs (ATH). However, the Ethereum market reacted with a nearly 3% price drop, accompanied by broader market negativity.🔥🔥

#Ethereum #ETF @Bitcoin Farmer 2018
Key Insights for Investors🔈💥 Axie Infinity may potentially form a bullish inverse head and shoulders pattern. If AXS breaks the neckline at $13, it could surge to $22, indicating a significant price increase. Ethereum may face a short-term correction, as indicated by the TD Sequential Indicator. Investors should stay vigilant for trend reversal signals in the crypto market. #AXS #Ethereum @Bitcoin_Farmer_2018
Key Insights for Investors🔈💥

Axie Infinity may potentially form a bullish inverse head and shoulders pattern.

If AXS breaks the neckline at $13, it could surge to $22, indicating a significant price increase.

Ethereum may face a short-term correction, as indicated by the TD Sequential Indicator.

Investors should stay vigilant for trend reversal signals in the crypto market.

#AXS #Ethereum @Bitcoin Farmer 2018
Ethereum ETF Launch Next Month Becomes ‘Certainly Possible’ with S-1 Submissions. Excitement builds in the crypto space as the newly approved spot Ether (ETH) exchange-traded funds (ETFs) are possibly launching as early as mid-June. However, this development is still dependent on the promptness with which the approved clients amend their S-1 registration statements and the following feedback rounds they’ll receive from the Securities and Exchange Commission (SEC).  Bloomberg ETF analyst James Seyffart suggests that the approvals of S-1 might be seen within a few weeks, but he also acknowledges that the process is supposed to take up to months. However, fellow analyst Eric Bachunas continues to be optimistic, expecting a mid-June launch. He states that the SEC’s feedback process required around two weeks to spot Bitcoin ETFs.  #Ethereum #ETF #Ether
Ethereum ETF Launch Next Month Becomes ‘Certainly Possible’ with S-1 Submissions.

Excitement builds in the crypto space as the newly approved spot Ether (ETH) exchange-traded funds (ETFs) are possibly launching as early as mid-June. However, this development is still dependent on the promptness with which the approved clients amend their S-1 registration statements and the following feedback rounds they’ll receive from the Securities and Exchange Commission (SEC). 

Bloomberg ETF analyst James Seyffart suggests that the approvals of S-1 might be seen within a few weeks, but he also acknowledges that the process is supposed to take up to months. However, fellow analyst Eric Bachunas continues to be optimistic, expecting a mid-June launch. He states that the SEC’s feedback process required around two weeks to spot Bitcoin ETFs. 

#Ethereum #ETF #Ether
SEC Eth ETF Discussions Underway, S-1 Approval Expected in Hours The U.S. Securities and Exchange Commission (SEC) began discussions with potential issuers of Eth (ETFs) on May 22, leading some to anticipate an imminent approval. Journalist Eleanor Terrett noted that discussions between SEC staff and Ether ETF issuers about the S-1 forms concluded with the understanding that there was still “work to do.” Source: Eleanor Terrett S-1 forms are registration statements that companies have to file with the SEC, including detailed information about the company and the securities they intend to offer/issue. Whereas 19b-4 forms are regulatory filings issued to the SEC for approval, used by self-regulatory organizations (SROs) like stock exch or trading platforms to propose new rules or change existing ones. In a subsequent post, Terrett deferred to “the ETF experts” in a separate post. Assuming that the SEC approves the 19b-4 forms on May 23, Terrett speculated that the SEC might work with Eth ETF issuers “on S-1’s over the next few weeks/months.”  Eric Balchunas, a Senior ETF Analyst at Bloomberg, expects the SEC to issue an announcement on May 23, around the same time they did for the spot Bitcoin ETF. “My best guess is we hear from the SEC around 4pm tomorrow. For spot btc they dropped it at 3:45pm, some others in past were slightly after 4pm. Anything poss tho.” Related: Ethereum ETF decision due in hours as BTC price gets $80K May target This development follows the approval of the FIT21 crypto bill in the U.S. House of Representatives, which passed on May 22 with 208 Republicans and 71 Democrats in favor to 136 against. Consensys CEO Joseph Lubin recently weighed in on the discussion in anticipation of the potential looming Eth ETF approvals. Speaking exclusively to Cointelegraph at DappCon in Berlin, Lubin stated that Eth ETFs in the U.S. were “as good as done.” According to Lubin, the 19b-4 applications filed by high-profile firms like BlackRock would be approved, but the process behind the S-1s “could drag on for a while.”
SEC Eth ETF Discussions Underway, S-1 Approval Expected in Hours

The U.S. Securities and Exchange Commission (SEC) began discussions with potential issuers of Eth (ETFs) on May 22, leading some to anticipate an imminent approval.

Journalist Eleanor Terrett noted that discussions between SEC staff and Ether ETF issuers about the S-1 forms concluded with the understanding that there was still “work to do.”

Source: Eleanor Terrett

S-1 forms are registration statements that companies have to file with the SEC, including detailed information about the company and the securities they intend to offer/issue.

Whereas 19b-4 forms are regulatory filings issued to the SEC for approval, used by self-regulatory organizations (SROs) like stock exch or trading platforms to propose new rules or change existing ones.

In a subsequent post, Terrett deferred to “the ETF experts” in a separate post. Assuming that the SEC approves the 19b-4 forms on May 23, Terrett speculated that the SEC might work with Eth ETF issuers “on S-1’s over the next few weeks/months.” 

Eric Balchunas, a Senior ETF Analyst at Bloomberg, expects the SEC to issue an announcement on May 23, around the same time they did for the spot Bitcoin ETF.

“My best guess is we hear from the SEC around 4pm tomorrow. For spot btc they dropped it at 3:45pm, some others in past were slightly after 4pm. Anything poss tho.”

Related: Ethereum ETF decision due in hours as BTC price gets $80K May target
This development follows the approval of the FIT21 crypto bill in the U.S. House of Representatives, which passed on May 22 with 208 Republicans and 71 Democrats in favor to 136 against.

Consensys CEO Joseph Lubin recently weighed in on the discussion in anticipation of the potential looming Eth ETF approvals.

Speaking exclusively to Cointelegraph at DappCon in Berlin, Lubin stated that Eth ETFs in the U.S. were “as good as done.”

According to Lubin, the 19b-4 applications filed by high-profile firms like BlackRock would be approved, but the process behind the S-1s “could drag on for a while.”
Gala Games Announces Destruction of Nearly 1 Billion GALA Tokens. 🔈 $GALA Gala Games has announced the destruction of nearly 1 billion GALA tokens. 📶 The news comes after a governance proposal initiated by the Gala community regarding temporary GALA token contract upgrades and token destruction. 🌈 This proposal was made in response to a recent security incident that led to the unauthorized minting and sale of approximately 600 million GALA tokens, as well as the permanent locking of approximately 44 billion tokens. 🐋⬆️ The goal of this proposal is to officially destroy approximately 44 billion of these GALA tokens, along with approximately 600 million GALA tokens from the GALA treasury, to ensure the stability and sustainability of the ecosystem. ⬆️🐋 This move by Gala Games is seen as an important step to maintain the integrity of the GALA token ecosystem following the security breach.🌈😃 #GALA #GalaGames @Bitcoin_Farmer_2018
Gala Games Announces Destruction of Nearly 1 Billion GALA Tokens. 🔈
$GALA
Gala Games has announced the destruction of nearly 1 billion GALA tokens. 📶

The news comes after a governance proposal initiated by the Gala community regarding temporary GALA token contract upgrades and token destruction. 🌈

This proposal was made in response to a recent security incident that led to the unauthorized minting and sale of approximately 600 million GALA tokens, as well as the permanent locking of approximately 44 billion tokens. 🐋⬆️

The goal of this proposal is to officially destroy approximately 44 billion of these GALA tokens, along with approximately 600 million GALA tokens from the GALA treasury, to ensure the stability and sustainability of the ecosystem. ⬆️🐋

This move by Gala Games is seen as an important step to maintain the integrity of the GALA token ecosystem following the security breach.🌈😃

#GALA #GalaGames @Bitcoin Farmer 2018
BTC still on the consolidation and formed a new hourly support area. 🌈 Price also made a triangle pattern, which could give a breakout either side.🌈 Both sides look good enough to go, so eyes on it. 🌈 #bitcoin #Binance @Bitcoin_Farmer_2018
BTC still on the consolidation and formed a new hourly support area. 🌈

Price also made a triangle pattern, which could give a breakout either side.🌈

Both sides look good enough to go,
so eyes on it. 🌈

#bitcoin #Binance @Bitcoin Farmer 2018
Binance announced the launch of the second project on its token issuance platform, Binance Megadrop.🌈 The Lista Protocol (LISTA) is a liquid staking and decentralized stablecoin.🌈 Users who subscribe to locked BNB products or complete tasks in the Binance Web3 wallet can get early access to rewards from Lista.🌈 The total supply of LISTA tokens is 1 billion, of which 230 million are in circulation. 📶 Megadrop incentives amount to 100 million tokens, which is 10% of the total supply. 📶 Binance plans to add LISTA to its exchange after the completion of the Megadrop.📶 To participate, users can use their active Binance Web3 wallet to subscribe to locked BNB products on Binance Simple Earn or complete Web3 Quests to earn points. 🔈 Lista DAO operates as an open liquidity protocol, allowing users to earn from collateral cryptocurrencies. 🔈 The LISTA token is used to govern and incentivize participation in the Lista DAO ecosystem.🔈 follow me for more information. 🌊🤠 #LISTA #megadrop #Binance
Binance announced the launch of the second project on its token issuance platform, Binance Megadrop.🌈

The Lista Protocol (LISTA) is a liquid staking and decentralized stablecoin.🌈

Users who subscribe to locked BNB products or complete tasks in the Binance Web3 wallet can get early access to rewards from Lista.🌈

The total supply of LISTA tokens is 1 billion, of which 230 million are in circulation. 📶

Megadrop incentives amount to 100 million tokens, which is 10% of the total supply. 📶

Binance plans to add LISTA to its exchange after the completion of the Megadrop.📶

To participate, users can use their active Binance Web3 wallet to subscribe to locked BNB products on Binance Simple Earn or complete Web3 Quests to earn points. 🔈

Lista DAO operates as an open liquidity protocol, allowing users to earn from collateral cryptocurrencies. 🔈

The LISTA token is used to govern and incentivize participation in the Lista DAO ecosystem.🔈

follow me for more information. 🌊🤠

#LISTA #megadrop #Binance
1.Token Airdrops: Binance occasionally holds airdrop events where they distribute tokens to users for free or as part of promotional campaigns. 2.Listing Announcements: Binance frequently announces new token listings. 3.Promotional Campaigns: Binance runs various promotional campaigns that might be termed "megadrops," involving significant rewards or large-scale events. For precise information, it's best to check Binance's official announcements on their website or social media channels.
1.Token Airdrops: Binance occasionally holds airdrop events where they distribute tokens to users for free or as part of promotional campaigns.

2.Listing Announcements: Binance frequently announces new token listings.

3.Promotional Campaigns: Binance runs various promotional campaigns that might be termed "megadrops," involving significant rewards or large-scale events.

For precise information, it's best to check Binance's official announcements on their website or social media channels.
Avalanche Network Faces Tightening Regulations Amid Growing Interest🌈📶 Avalanche (AVAX) token, despite encountering severe price fluctuation all month long, has caught the attention of crypto enthusiasts and market analysts. However, the challenges faced by the Avalanche network are beyond sluggish price momentum, as it is also related to tightening regulations imposed by governments worldwide and occasional downgrades in crypto ratings.  These regulatory pressures have necessitated adjustments and compliance efforts from Avalanche. This news has also impacted its defi market and it may also potentially affect the long-term prospects of Avalanche.  Regardless, it is also almost impossible to not acknowledge Avalanche’s technological advancements. Moreso, ranking among the top cryptocurrencies in the market, AVAX Token boasts a market cap of over $13b, signifying its dominance and resilience in the crypto industry.  #AVAX @Bitcoin_Farmer_2018
Avalanche Network Faces Tightening Regulations Amid Growing Interest🌈📶

Avalanche (AVAX) token, despite encountering severe price fluctuation all month long, has caught the attention of crypto enthusiasts and market analysts.

However, the challenges faced by the Avalanche network are beyond sluggish price momentum, as it is also related to tightening regulations imposed by governments worldwide and occasional downgrades in crypto ratings. 

These regulatory pressures have necessitated adjustments and compliance efforts from Avalanche. This news has also impacted its defi market and it may also potentially affect the long-term prospects of Avalanche. 

Regardless, it is also almost impossible to not acknowledge Avalanche’s technological advancements. Moreso, ranking among the top cryptocurrencies in the market, AVAX Token boasts a market cap of over $13b, signifying its dominance and resilience in the crypto industry. 

#AVAX @Bitcoin Farmer 2018
Bitcoin’s Momentum to Ignite the Next Crypto Rally With liquidity flowing back into risk-on crypto assets, analysts anticipate the market’s next leg-up is looming. At its current price of $69.8K, Bitcoin has soared 6.7% today, 13.9% this week, and 9.2% this month. It holds a $1.4 trillion market cap and a $50 billion 24-hour trading volume. @Bitcoin_Farmer_2018 #bitcoin
Bitcoin’s Momentum to Ignite the Next Crypto Rally

With liquidity flowing back into risk-on crypto assets, analysts anticipate the market’s next leg-up is looming.

At its current price of $69.8K, Bitcoin has soared 6.7% today, 13.9% this week, and 9.2% this month.

It holds a $1.4 trillion market cap and a $50 billion 24-hour trading volume.

@Bitcoin Farmer 2018

#bitcoin
SEC Indicates to Exchanges a Likely Approval for Spot Ethereum ETFs, Listings Expected This Week: Sources🏀🏀 The U.S. Securities and Exchange Commission (SEC) is reportedly leaning towards approving exchanges for listing Ethereum spot ETFs (Exchange-Traded Funds). According to sources familiar with the matter and a report by Barron’s, the regulatory body made comments that suggest the approval process is moving forward and could be finalized as early as this week. According to a May 21 Reuters report, SEC officials contacted Nasdaq, the Chicago Board Options Exchange (CBOE), and the New York Stock Exchange (NYSE) to request updates and changes to existing spot Ether ETF applications ahead of a regulatory deadline. The commission must decide by May 23 whether to approve or deny VanEck’s spot Ether ETF after having delayed the process for 240 days. #Ethereum #ETF #Web3 #solana #SEC @Bitcoin_Farmer_2018
SEC Indicates to Exchanges a Likely Approval for Spot Ethereum ETFs, Listings Expected This Week: Sources🏀🏀

The U.S. Securities and Exchange Commission (SEC) is reportedly leaning towards approving exchanges for listing Ethereum spot ETFs (Exchange-Traded Funds).

According to sources familiar with the matter and a report by Barron’s, the regulatory body made comments that suggest the approval process is moving forward and could be finalized as early as this week.

According to a May 21 Reuters report, SEC officials contacted Nasdaq, the Chicago Board Options Exchange (CBOE), and the New York Stock Exchange (NYSE) to request updates and changes to existing spot Ether ETF applications ahead of a regulatory deadline.

The commission must decide by May 23 whether to approve or deny VanEck’s spot Ether ETF after having delayed the process for 240 days.

#Ethereum #ETF #Web3 #solana #SEC @Bitcoin Farmer 2018
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