1. Bitcoin ETFs Boost Price: Bitcoin ETFs have driven Bitcoin's price surge, attracting over $12 billion in inflows and achieving its first pre-halving all-time high.
2. Hope for Ethereum ETFs: Investors anticipate similar gains for Ethereum with a spot ETF approval in the US, but regulatory hurdles stand in the way.
3. SEC's Ethereum Concerns: The SEC's caution towards Ethereum ETFs is due to classification challenges stemming from Ethereum's Proof-of-Stake mechanism.
4. Industry Skepticism: Industry leaders like Jan van Eck are doubtful about Ethereum ETF approval before the SEC's late May deadline.

The Ethereum ETF dream remains distant, contrary to investor hopes and the success of Bitcoin ETFs. The SEC's reluctance to greenlight Ethereum ETFs persists, citing significant classification challenges due to Ethereum's Proof of Stake mechanism.
Ethereum's position as the second-largest cryptocurrency by market cap makes it a prime candidate for a spot ETF. Major financial players like BlackRock and Fidelity have expressed interest, yet regulatory ambiguity has stifled enthusiasm.
Jan van Eck, CEO of VanEck, voiced skepticism about SEC approval during a recent CNBC interview at the Paris Blockchain Week. He suggested that the industry may brace for disappointment as the SEC's review deadline looms in late May.
The fundamental difference between Ethereum and Bitcoin lies in their consensus mechanisms. Ethereum's Proof of Stake system, requiring validators to stake coins to secure the network, blurs its classification as either a commodity or security—a point of contention for the SEC.
SEC Chair Gary Gensler refrains from definitive statements on Ethereum's classification, maintaining a cautious stance. The ambiguity deepens with the CFTC Chairman Rostin Behnam recognizing Ethereum as a commodity, not a security.
Jean-Marie Mognetti, CEO of CoinShares, echoes skepticism, suggesting a lack of approvals in the near future. While an Ethereum ETF would significantly enhance exposure and potentially boost its price, the road to approval appears lengthy.
The Ethereum community awaits anxiously as the approval deadline approaches. Will the SEC grant approval by May, or are investors in for a disappointment?
Disclaimer: This content aims to provide accurate and up-to-date information, but it is not liable for any missing facts or inaccuracies. Cryptocurrencies are volatile financial assets; research and make informed financial decisions.

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- 70% of surveyed US voters expressed a desire for a president well-versed in crypto and emerging technologies such as AI, based on a recent survey.
- A significant 19% of Americans currently possess cryptocurrency, with an additional 40% intending to enter the market in the future.
- Remarkably, 50% of individuals who prioritize cryptocurrency as their primary asset class indicate they will take into account a candidate’s stance on crypto before casting their vote.
- Brian Armstrong, CEO of Coinbase, cautions that adopting an anti-crypto position could prove detrimental for presidential candidates, signaling the importance of a pro-crypto approach.
- The United States stands on the brink of a potentially substantial crypto boom in the years ahead, especially if a president supportive of crypto policies is elected in 2024.

The intersection of cryptocurrency and US politics continues to intensify, drawing attention from various quarters. From Donald Trump’s foray into NFTs during his presidential campaign to Sen. Elizabeth Warren’s anti-crypto stance, the landscape is marked by diverse perspectives. Notably, crypto industry leaders like Coinbase CEO Brian Armstrong and others have pledged substantial financial support, approximately $78 million, for candidates favoring crypto.
The prospect of a pro-crypto candidate prevailing in this election cycle seems increasingly plausible, and many believe this could ignite an unprecedented crypto bull run if realized.
Prevalence of Pro-Crypto Sentiment: A Grayscale and Morning Consult survey conducted among 2,200 registered voters unveiled that nearly 70% of US voters desire a president well-versed in crypto and emerging technologies like AI. Surprisingly, over half of the current presidential contenders exhibit pro-crypto inclinations, hinting at the likelihood of a crypto-friendly US president post-2024 elections.
Public Perception and Investment Trends: The survey divulges that approximately 19% of American voters currently hold some form of cryptocurrency, while a substantial 40% plan future investments. However, concerns loom regarding regulatory clarity, with 46% awaiting further guidelines before delving into crypto investments. Intriguingly, about half of voters whose primary asset class is crypto express intentions to consider a candidate’s crypto stance while voting.
Political Implications of Anti-Crypto Stance: Coinbase’s Brian Armstrong suggests via a tweet that adopting an anti-crypto stance could be a detrimental strategy for presidential hopefuls. Citing statistics that highlight the considerable user base and growing belief in crypto’s economic significance among young individuals, Armstrong underscores the dissatisfaction with the existing financial system, indicating a potential shift in voting behavior.
Potential Impact of a Pro-Crypto President: A crypto-supportive administration could signal a transformative shift in US crypto regulations. The prevalent crackdown on crypto entities by regulatory bodies like the SEC might witness moderation, fostering an environment conducive to innovation. Moreover, prospects for the approval and effective implementation of spot Bitcoin ETFs could brighten, alongside the potential overhaul of central bank digital currencies (CBDCs) in favor of decentralized alternatives to the US dollar.
In summary, the ascendancy of a pro-crypto US president holds the promise of positioning the nation as a hub for groundbreaking crypto innovations in the foreseeable future.
Disclaimer: While striving for accuracy and currency, Voice of Crypto disclaims liability for any potential omissions or inaccuracies. Given the volatility of cryptocurrencies, prudent research is recommended for making informed financial decisions.

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Genesis Block: The first block of a blockchain is called the "genesis block," and Bitcoin's genesis block contained a message referencing a financial crisis headline.Satoshi Nakamoto: The pseudonymous creator of Bitcoin, Satoshi Nakamoto, remains unknown, adding an air of mystery to the cryptocurrency's origin.Altcoins: There are thousands of alternative cryptocurrencies, known as altcoins, each with its unique features and purposes beyond Bitcoin.Blockchain Size: The Bitcoin blockchain's size exceeds 300 gigabytes, growing steadily as more transactions are added.Mining Reward Halving: Bitcoin's supply is capped at 21 million coins and approximately every four years, the mining reward halves, reducing the rate at which new bitcoins are created.Crypto Wallets: Wallets store cryptographic keys used to access cryptocurrencies. They can be software-based (online or offline) or hardware-based for enhanced security.ICO Boom: Initial Coin Offerings (ICOs) gained popularity as a fundraising method for new cryptocurrencies, reaching a peak in 2017.Smart Contracts: Ethereum introduced smart contracts, self-executing contracts with the terms of the agreement directly written into code.Decentralized Finance (DeFi): DeFi refers to financial services built on blockchain technology, allowing users to engage in lending, borrowing, and trading without traditional intermediaries.#CryptoCurrency #DigitalCurrency #WahajAfridi

Countdown to Halving: Market Volatility PeaksFlash Crash: Bitcoin Plummets, Liquidations SoarStablecoin Surge Signals Investor ConfidenceAnalyst Forecast: Bitcoin to Reach $80,000

As Bitcoin's price crashed by 5% to approximately $65,000 in a flash crash, nearly $1 billion in liquidations swept across the crypto market. Liquidation data from Coinglass reveals the severity of the market's bearish sentiment, with approximately $937 million wiped out from leveraged traders in the past 24 hours. Of this total, $824 million came from bullish positions.
Bitcoin's sudden plummet occurred within an hour during late trading hours in New York on April 12, catching traders off guard. The liquidations primarily affected Bitcoin and Ethereum, with approximately $186 million and $137 million lost, respectively, as Ethereum dropped from $3,553 to $3,226.Despite the flash crash, there's a glimmer of hope in rising stablecoin inflows. KuCoin's recent report highlights the increased issuance of stablecoins, particularly USDT and USDC, indicating growing trader optimism leading up to the halving event. This surge in stablecoin activity reflects significant investor interest in crypto, particularly in Europe and the Americas. Historically, such spikes in stablecoin activity have preceded market rallies, often leading to new Bitcoin all-time highs.Renowned crypto analyst Moustache offers a bullish perspective amidst the market turmoil. Citing the Mayer Multiple indicator, Moustache suggests a potential recovery on the horizon. According to his analysis, Bitcoin's proximity to the $69,000 resistance, coupled with pre-halving volatility, may signal an imminent upward trend. Moustache's insights hint at a possible rally to $80,000 in the near future. As the halving event looms closer, the crypto community eagerly awaits further developments in Bitcoin's price action.I've reformatted the information into paragraphs while maintaining the key insights from each section. Let me know if you need further adjustments!

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1. Memecoin market shows resilience with a 6.23% increase in overall market cap.
2. DogWifHat (WIF) spearheads memecoin recovery, surging by 10% in the past 24 hours.
3. Dogecoin and Shiba Inu demonstrate stability, finding support at their 99-day EMAs despite recent downturns.
4. Pepe struggles with a slower recovery pace but aims to overcome resistance levels.

Dogecoin's Resilience: Despite a 20% dip over the week, Dogecoin has rebounded by 6% in the last day, showcasing resilience in its price action. Currently trading around $0.1656, Dogecoin's bulls prevented a dip below its 99-day EMA, aiming to reclaim $0.24 amidst semi-strong resistance at $1.67.Shiba Inu's Recovery: With a 6% increase in the past 24 hours, Shiba Inu is bouncing back from a 19% decline over the week, aiming to break resistance at $0.00002360 for a potential 90% rally to $0.00004571.DogWifHat's Rebound: Despite a 25% decline last week, DogWifHat (WIF) is leading the recovery with a 10% intra-day increase, eyeing a rally towards its previous all-time high of $4.9 after confirming recovery from $1.9.Pepe's Slow Recovery: Pepe witnessed the steepest decline at 27% over the week and has only recovered by 3% in the last day. Slow compared to others, Pepe is attempting to break resistance at $0.00000589 for further upside potential.
These insights highlight the varying dynamics within the memecoin market, emphasizing resilience and potential recovery paths for each cryptocurrency.

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- Analysts warn of the end of Bitcoin's "easy mode," signaling increased volatility.
- Leveraged trading and options expiry heighten the risk of market-wide liquidations.
- Recent trends show a surge in liquidations, particularly among leveraged traders.
- Caution is advised regarding the deceptive nature of the symmetrical triangle chart pattern.
- The forthcoming expiry of a significant volume of Bitcoin options could impact the market.
- Potential flash crashes and subdued investor sentiment prompt analysts to recommend caution.

Bitcoin Exiting "Easy Mode":
Trader and analyst Honeybadger suggests that Bitcoin has departed from what he calls "easy mode," implying that trading conditions are becoming more challenging due to the prevalence of leveraged trades. Market saturation with leveraged trades allows whales and market makers to exploit the high emotions and risky behavior of leveraged traders.
Impact of Leveraged Trading:
This shift in market dynamics is evident in the significant increase in liquidations, particularly on long trades. Recent data from Coinglass reveals substantial liquidations, emphasizing the impact of leveraged trading on market volatility.
Symmetrical Triangle Pattern:
Honeybadger also highlights the formation of a symmetrical triangle pattern on the Bitcoin chart. This pattern, considered neutral, poses challenges for traders as it makes predicting market movements difficult. Furthermore, traders are cautioned against potential false breakouts, which could lead to impulsive trading decisions.
Options Expiry Wave:
The impending expiry of 21,000 Bitcoin options, valued at $1.5 billion, adds further complexity to the market. Greeks.live notes that this event, coupled with recent economic data and ETF behavior, could significantly impact market sentiment and volatility.
Market Observations:
Despite ongoing volatility, Bitcoin's price has remained within a consolidation phase. Analysts like Rekt Capital suggest that unless certain key levels are breached, Bitcoin is likely to continue consolidating.
Proceeding with Caution:
Overall, analysts advise investors to exercise caution due to the potential for flash crashes and heightened market volatility. It is essential for investors to conduct thorough research and make informed financial decisions.
Disclaimer:
Voice of Crypto aims to provide accurate information, but readers are encouraged to conduct their own research and exercise caution when trading cryptocurrencies due to their highly volatile nature.

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1. Bitcoin's Price Plunge and Trader Liquidations: Key Takeaways
2. Analyst Ali's Perspective on Bitcoin's Undervaluation and Buying Opportunity
3. Analyst Michael van de Poppe's Bitcoin Outlook Ahead of Halving and ETF Approvals
4. Analyst Moustache's Assessment of Market Panic and the Continuing Bull Market
5. Overall Optimism Among Analysts Regarding Bitcoin's Future

Insights from Analyst Ali:
Renowned analyst Ali sheds light on the MVRV indicator, a significant tool utilized to identify buying opportunities since the commencement of the recent bull run. MVRV, short for "Market Value to Realized Value," assesses asset pricing, signaling whether it's over or underpriced. Ali emphasizes that when the MVRV falls below the 90-day average, it indicates an optimal time to buy. Given the recent correction and subsequent drop in MVRV below the 90-day average, Ali suggests that despite potential further declines, now presents an opportune moment to consider purchasing Bitcoin.
Perspective from Analyst Michael Van de Poppe:
Trading expert Michael Van de Poppe anticipates a pivotal week for Bitcoin, emphasizing the significance of the upcoming halving and the associated hype. Additionally, Van de Poppe highlights Hong Kong's recent approval of spot ETFs for Ethereum and Bitcoin, deeming these market dips as favorable entry points for investors. With optimism surrounding the impending halving and ETF approvals, Van de Poppe projects a bullish trajectory for Bitcoin in the days ahead.
Insights from Analyst Moustache:
Another prominent analyst, Moustache, weighs in on recent market behavior, characterizing the panic observed among traders and investors as potentially unwarranted. Moustache asserts that short-term price fluctuations often amount to mere noise, reiterating confidence in the ongoing bull market's endurance. Undeterred by recent volatility, Moustache emphasizes the continued strength of the bullish sentiment over the long term.
Disclaimer: While Voice of Crypto aims to provide accurate and up-to-date information, readers are encouraged to conduct thorough research and exercise caution when making financial decisions. Cryptocurrencies are inherently volatile assets, and individual discretion is advised.

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Notable Bitcoin Holdings by CountryGlobal Bitcoin Ownership TrendsBitcoin Holdings: A Comparative AnalysisInsights into Bitcoin Ownership Across NationsUnderstanding Bitcoin Reserves: Country-wise Breakdown

According to a report by Arkham Intelligence, the United States currently leads as the largest holder of Bitcoin among countries globally, with an impressive 212,847 BTC in its possession. This amounts to approximately $15 billion worth of the cryptocurrency, surpassing the combined holdings of notable entities like MicroStrategy and the Winklevoss twins.
Additionally, data from Arkham Intelligence reveals that the US government isn't solely focused on Bitcoin; it also holds approximately $200 million worth of other cryptocurrencies such as Ethereum, as well as stablecoins like USDC and Tether.
Following closely behind the US are countries like the United Kingdom and Germany, both boasting substantial amounts of Bitcoin. For instance, the United Kingdom holds an impressive 61,245 BTC valued at around $4.5 billion, while Germany follows with approximately 49,858 BTC, equivalent to roughly $3.5 billion.
Interestingly, despite being the first country to adopt Bitcoin as legal tender, El Salvador's Bitcoin holdings pale in comparison to those of the US, the UK, and Germany. El Salvador currently holds only about 5,717 BTC, worth approximately $405 million according to data from NayibTracker.
The data on Bitcoin holdings by governments is made accessible through a newly developed tool, providing real-time balances and transaction histories. This tool represents a significant milestone in transparency within the crypto industry.
The increase in Bitcoin holdings by countries like the US is evident, with regular additions to their reserves. Over the past year, the US government has acquired over 4,000 BTC, primarily through seizures resulting from criminal activity, including the recovery of 94,600 BTC from the Bitfinex hack.
Overall, Arkham's innovative tool sheds light on the involvement of world governments in the crypto landscape, highlighting their roles behind the scenes. This development marks a significant step forward for transparency within the industry.

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1. Post-Halving Analysis: Bitcoin's Rally and Market Sentiment
2. Bitcoin ETFs Rebound: Inflows Signal Renewed Investor Interest
3. Surging Mining Stocks: Indicators of Market Optimism
4. Forecasting Bitcoin's Future: Potential for 360% Growth by 2028
5. Halving Success: Bitcoin's Price Trajectory and Investment Trends

The Current Market Landscape
As of the latest update, Bitcoin's price continues to hover between the $61,000 and $64,000 zones, currently standing at $63,872. This consolidation phase follows an initial rally to $65,481 post-halving, as part of a broader attempt to breach the $71,000 resistance level.
Market Dynamics:
Five spot Bitcoin ETFs in the US have reversed the trend of outflows seen in the GBTC, injecting $30.4 million into the market after five consecutive days of outflows, according to Farside data.
Additionally, Bitcoin mining stocks such as Riot Platforms ($RIOT), Marathon Digital ($MARA), and Clean Spark ($CLSK) have surged, with gains of up to 10%, 9.78%, and 5.98% respectively in the last day.
Price Expectations:
Reflecting on historical trends, Bitcoin has demonstrated significant rallies following each halving event. For instance, between the 2020 and 2022 halvings, Bitcoin surged approximately 800% to reach an all-time high of $69,000.
However, the law of diminishing returns suggests diminishing effects with each subsequent halving. Historically, Bitcoin rallies have declined by around 45% following each halving event.
Looking ahead, market observers anticipate a potential 360% rally in this cycle, with a projected cycle high of approximately $300,000 before the 2028 halving, assuming a current price of $70,000.
It's important to note that this peak will likely occur between halving events, and Bitcoin may retreat to around $60,000 during the next bear market bottom. Additionally, some analysts, like the software engineer and author of "The Final Flaw," predict even higher targets, such as $477,972 by the 2028 halving.
As with any investment, caution is advised, and individual research and decision-making are essential due to the volatile nature of cryptocurrencies.
[Disclaimer: While Voice of Crypto aims to provide accurate and up-to-date information, it does not assume responsibility for any missing facts or inaccuracies. Investors should conduct their own research and make informed financial decisions.]

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