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$ETH $BNB BlackRock Amends Ethereum ETF Application; Bloomberg’s Balchunas Sees ETF Going Live By June
Trending
Bloomberg analyst Eric Balchunas called the updated S-1 a “good sign,” adding that a launch by the end of June was “a legit possibility.”
On Tuesday, BlackRock became the largest publicly traded bitcoin fund, flipping Grayscale.
BlackRock filed an amended S-1 form for its proposed spot ether {{ETH}} exchange-traded fund (ETF) that revealed more information about the product that was recently approved for listing in the U.S.
The form revealed a “Seed Capital Investor” had purchased the initial shares for the proposed product.
“On May 21, 2024, the Seed Capital Investor, an affiliate of the Sponsor, subject to conditions, purchased the Seed Creation Baskets, comprising 400,000 Shares at a per-Share price equal to $25.00,” the S-1 form showed. “The net asset value of the Trust was $10,000,000.”
Subject to regulatory approval, assets held in the ETF can be redeemed for cash or even ether. The iShares Ethereum Trust ether ETF will list and trade under “ETHA.”
Bloomberg analyst Eric Balchunas called the updated S-1 a “good sign,” adding that a launch by the end of June was “a legit possibility.”
Good sign. Prob see rest roll in soon. Then prob one more round of fine-tune comments from Staff. End of June launch a legit possibility altho keeping my o/u date as July 4th https://t.co/WymshkTvat
— Eric Balchunas (@EricBalchunas) May 29, 2024
The updated S-1 comes nearly a week after the Securities and Exchange Commission (SEC) appro#Megadrop #btc70k #BinanceLaunchpool #Notcoin👀🔥 #NOT🔥🔥🔥 ved several ether ETFs for listing in the U.S., buoying bullish sentiment in the broader crypto market.
BlackRock’s bitcoin ETF has proven to be a success so far for the company so far. On Tuesday, it became the world’s largest publicly traded bitcoin fund, flipping Grayscale, with nearly $20 billion in assets under thrid-party opini
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🤯A Grand Alliance in the Making? Trump & Musk Joining Forces - Sparks Set to Fly! 🌠💼
Hold onto your hats, because we’ve got an exciting update from the spheres of politics and technology we’re sure you didn’t see coming! 🚀🎆
Former President Donald Trump and tech titan Elon Musk seem to be striking up quite the friendship! 🇺🇸🤝🚗🛰️
In simpler words, if Trump comes back to the big chair in the White House, he's thinking about having Musk as his advisor. 🏛️💡
This means we might see some massive changes in the way we deal with technology, the environment, space exploration, and electric vehicles. We’re pretty sure this dynamic duo could change the game entirely! 🌍🍃🌌⚡️
So, folks, let's keep our eyes peeled for more twists and turns in this interesting narrative! 👀📰
Source : WSJ
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🚨 BREAKING NEWS: Massive Bitcoin Withdrawal from Kraken! 💥💰
🚀 Someone Withdraws 29,520 Bitcoin Worth $2.018 Billion from Kraken! 🌐
In a stunning move, a massive 29,520 Bitcoin, valued at a staggering $2.018 billion, was withdrawn from Kraken yesterday. This significant withdrawal is part of a larger trend, with a total of 36,000 Bitcoin being pulled from exchanges in just one day. 📈💸
What Does This Mean for the Market? 🤔
This massive outflow of Bitcoin is incredibly bullish for the long term! 🔥 When large amounts of Bitcoin are moved off exchanges, it typically signals strong holder confidence and reduced selling pressure, which can lead to a more stable and potentially higher price in the future.
Why Is This Important? 📊
Such a substantial withdrawal highlights growing confidence among Bitcoin holders and could indicate a tightening supply on exchanges, driving future price growth. It's a clear signal that the market is gearing up for significant moves! 🚀🔒
Stay tuned for more updates and insights into this major development in the crypto world! 🌟
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---
*Disclaimer: This post is for informational purposes only and does not constitute financial or investment advice. Always conduct your own research before making any financial decisions.*

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Title: "Exciting News: Free $5 Spot Balance from Red Pocket!"

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Achieving a $1 price for a token with a total supply of 102.720 billion is unrealistic due to the enormous market cap required. To enhance its potential, essential steps include burning tokens, releasing whitepapers, and unveiling a roadmap. Despite similarities to coins like Dogecoin and Shiba, $NOT holds promise for a brighter future.#BTC #ETHETFS #ETHETFS $BNB

Title: Understanding Notcoin's Price Swings 🎢
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Current Price: $0.005550 (-0.18%)
Support Levels:
- $0.005453: First support, buyers may come in if the price bounces here.
- $0.005400: Strong support, important for buyers to keep the price above this level.
- $0.005338: Major support, breaking this could lead to more selling.
- $0.005269: Big support, falling below could mean a downward trend.
Resistance Levels:
- $0.005627: Nearby resistance, breaking this could lead to more gains.
- $0.005662: Major resistance, breaking this could start a big upward move.
- $0.005696: Strong resistance, surpassing it could attract more buyers.
What to Do in Different Scenarios:
If the price stays between $0.005453 and $0.005627, traders might buy low and sell high. If it breaks out, the trend could change.
Buying:
- Buy around $0.005453 or $0.005400, with stops below these levels.
- Aggressive buyers might enter at $0.005338.
Selling:
- Sell around $0.005627 or $0.005662, with stops above these levels.
- Conservative sellers might wait for the price to fall below $0.005453.
Bullish Scenario:
- If the price goes above $0.005696, buyers might target $0.005730.
- If the bullish momentum continues, Notcoin might reach $0.006000.
Bearish Scenario:
- If the price can't break $0.005662, sellers might take profits, and the price could fall back to $0.005453.
- If it falls below $0.005338, selling could intensify, with the next support around $0.005200.
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Remember to be careful and manage risks properly.
PEPE
0.00001367
+22.05%
NOT
0.005336
-3.05%
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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