fit21
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Big news from Capitol Hill! The U.S. House has approved the FIT21 Bill with strong Democratic support, providing regulatory clarity and consumer protections for the digital asset ecosystem. Now, the bill heads to the Senate, where its fate is uncertain. What are your thoughts on this development, and how do you think the Senate will respond? Let's discuss the future of crypto regulation!
رائج
جديد
FIT21 Crypto Regulation Bill Advances in US House, Faces Uncertain Future in the Senate
According to Cointelegraph: The US House of Representatives has voted in favor of the Financial Innovation and Technology for the 21st Century Act (FIT21), aimed at clarifying the rules of securities and commodities regulators in overseeing cryptocurrencies. The next step for the bill is a potentially challenging path through the US Senate, where it has neither a companion bill nor a set timeline for action.
The FIT21 bill, which saw 71 Democrats and 208 Republicans vote in favor, could face robust opposition in the Senate, considering the presence of prominent crypto critics like Senator Elizabeth Warren. Post the Senate Review, if approved, the bill would proceed to President Biden's desk. The President on May 22 expressed his administration's disapproval of the bill, though it didn't specify his vetoing intention.
While Coinbase CEO, Brian Armstrong, celebrated this development as a "total victory", crypto-focused lawyer Gabriel Shapiro countered by arguing that the FIT21 could still grant the SEC "considerable power". The bill, if passed, will primarily place the control of cryptocurrencies under the Commodity Futures Trading Commission (CFTC), viewed as a more lax regulator than the SEC.
The FIT21 bill, which saw 71 Democrats and 208 Republicans vote in favor, could face robust opposition in the Senate, considering the presence of prominent crypto critics like Senator Elizabeth Warren. Post the Senate Review, if approved, the bill would proceed to President Biden's desk. The President on May 22 expressed his administration's disapproval of the bill, though it didn't specify his vetoing intention.
While Coinbase CEO, Brian Armstrong, celebrated this development as a "total victory", crypto-focused lawyer Gabriel Shapiro countered by arguing that the FIT21 could still grant the SEC "considerable power". The bill, if passed, will primarily place the control of cryptocurrencies under the Commodity Futures Trading Commission (CFTC), viewed as a more lax regulator than the SEC.
Here is the rewritten signal, following your template with an original structure and fresh wording:
$ETH / USDT – Sharp Bounce | Buyers Stepping Back In
ETH dropped strongly but found solid support near 2050 and quickly bounced back. The price is now recovering with strong candles, showing buyers are returning to the market.
Long Trade Setup
Entry Zone: 2100 – 2120
Stop Loss: 2050
Targets:
🎯 TP1: 2175
🎯 TP2: 2250
Outlook:
If above 2100, the move can continue toward the previous high around 2175. A breakout above this level could push ETH higher in the short term.
#ETH #Ethereum #Signals #MarchFedMeeting
Trade $ETH Here 👇🏻
#FIT21
$ETH / USDT – Sharp Bounce | Buyers Stepping Back In
ETH dropped strongly but found solid support near 2050 and quickly bounced back. The price is now recovering with strong candles, showing buyers are returning to the market.
Long Trade Setup
Entry Zone: 2100 – 2120
Stop Loss: 2050
Targets:
🎯 TP1: 2175
🎯 TP2: 2250
Outlook:
If above 2100, the move can continue toward the previous high around 2175. A breakout above this level could push ETH higher in the short term.
#ETH #Ethereum #Signals #MarchFedMeeting
Trade $ETH Here 👇🏻
#FIT21
Here is the rewritten signal, following your template with an original structure and fresh wording:
$TA / USDT – Weak Rejection | Sellers Taking Control
TA faced rejection near the 0.0475 resistance and is now showing signs of weakness. The price failed to hold higher levels and is starting to move down.
Short Trade Setup
Entry Zone: 0.0465 – 0.0475
Stop Loss: 0.0490
Targets:
🎯 TP1: 0.0445
🎯 TP2: 0.0425
Outlook:
If below 0.0470, selling pressure can increase. A drop below 0.0460 could push price toward lower support levels.
#TA #Altcoins #Signals #MarchFedMeeting
Trade $TA 👇🏻Here
#FIT21
$TA / USDT – Weak Rejection | Sellers Taking Control
TA faced rejection near the 0.0475 resistance and is now showing signs of weakness. The price failed to hold higher levels and is starting to move down.
Short Trade Setup
Entry Zone: 0.0465 – 0.0475
Stop Loss: 0.0490
Targets:
🎯 TP1: 0.0445
🎯 TP2: 0.0425
Outlook:
If below 0.0470, selling pressure can increase. A drop below 0.0460 could push price toward lower support levels.
#TA #Altcoins #Signals #MarchFedMeeting
Trade $TA 👇🏻Here
#FIT21
$DOGE 🎯
(Wait for the "Liquidation Wick" before jumping in)
🔹 Stop Loss (SL): 0.0840 🛑 (Strict!)
(If this breaks, the meme is dead for the season)
💰 Target Profits (TP):
1️⃣ TP1: 0.1020 ✅ (Secure partials & move SL to entry)
2️⃣ TP2: 0.1150 ✅ (Main resistance / Exit 70% here)
3️⃣ TP3: 0.1380 🚀🚀 (Moonshot / Only if Elon tweets)
#DOGE原型柴犬KABOSU去世 #FIT21
(Wait for the "Liquidation Wick" before jumping in)
🔹 Stop Loss (SL): 0.0840 🛑 (Strict!)
(If this breaks, the meme is dead for the season)
💰 Target Profits (TP):
1️⃣ TP1: 0.1020 ✅ (Secure partials & move SL to entry)
2️⃣ TP2: 0.1150 ✅ (Main resistance / Exit 70% here)
3️⃣ TP3: 0.1380 🚀🚀 (Moonshot / Only if Elon tweets)
#DOGE原型柴犬KABOSU去世 #FIT21
I just sent $500 Eidi to 25 of my followers 🥰 That’s a total of $12,500 shared 💛 Eid Mubarak everyone 🌙✨ Hope this festival brings happiness and blessings to all.
Buy $RIVER long | $ZEC long | $POWER long#TrumpConsidersEndingIranConflict #Fatihcoşar #FIT21
Buy $RIVER long | $ZEC long | $POWER long#TrumpConsidersEndingIranConflict #Fatihcoşar #FIT21
الأرباح والخسائر من تداول اليوم
+$٠٫٠٣
+2.20%
#OP $OP
$OP is currently moving in a sideways range after a recent correction.
Price is hovering near key support around $2.5–$2.8.
Strong resistance is seen near $3.5–$4.0, where sellers previously stepped in.
The trend is neutral in the short term, with no strong breakout yet.
Volume remains average, indicating cautious market activity.
As a Layer-2 on Ethereum, OP benefits from ecosystem growth.
If Ethereum gains momentum, OP could follow with a strong move.
RSI is near mid-level, showing neither overbought nor oversold conditions.
A break above resistance could start a bullish trend continuation.
Short-term outlook: sideways with bullish#BinanceKOLIntroductionProgram #FIT21 #MarchFedMeeting #SECClarifiesCryptoClassification
$OP is currently moving in a sideways range after a recent correction.
Price is hovering near key support around $2.5–$2.8.
Strong resistance is seen near $3.5–$4.0, where sellers previously stepped in.
The trend is neutral in the short term, with no strong breakout yet.
Volume remains average, indicating cautious market activity.
As a Layer-2 on Ethereum, OP benefits from ecosystem growth.
If Ethereum gains momentum, OP could follow with a strong move.
RSI is near mid-level, showing neither overbought nor oversold conditions.
A break above resistance could start a bullish trend continuation.
Short-term outlook: sideways with bullish#BinanceKOLIntroductionProgram #FIT21 #MarchFedMeeting #SECClarifiesCryptoClassification
$F is currently trading within a narrow consolidation range, where the market is slowly building momentum before the next potential move. These phases often act as setup zones for a stronger reaction.
📊 Possible Scenario
📍 Interest Zone: 0.0053 – 0.0058 USDT
🛑 Break Point: 0.0064 USDT
🎯 Support Levels:
• 0.0046 USDT
• 0.0042 USDT
• 0.0038 USDT
The price is gradually approaching a resistance region where sellers may try to limit the upside. If the momentum weakens within the interest zone, the market could pull back toward the lower support levels.
However, if F breaks and sustains above 0.0064, buyers may step in with strength and the market could expand toward higher levels.
⚡ Reminder: Confirmation is key—avoid rushing into trades.
Pair: FUSDT
Trade $F here
#FIT21
📊 Possible Scenario
📍 Interest Zone: 0.0053 – 0.0058 USDT
🛑 Break Point: 0.0064 USDT
🎯 Support Levels:
• 0.0046 USDT
• 0.0042 USDT
• 0.0038 USDT
The price is gradually approaching a resistance region where sellers may try to limit the upside. If the momentum weakens within the interest zone, the market could pull back toward the lower support levels.
However, if F breaks and sustains above 0.0064, buyers may step in with strength and the market could expand toward higher levels.
⚡ Reminder: Confirmation is key—avoid rushing into trades.
Pair: FUSDT
Trade $F here
#FIT21
#robo $ROBO انشر ما لا يقل عن منشور أصلي واحد على الأقل يوميًا على Binance Square، بطول لا يقل عن 100 حرف ولا يزيد عن 500 حرف. يجب أن يتضمن المنشور حساب المشروع @FabricFND، والإشارة إلى الرمز $ROBO المميز، واستخدام الهاشتاج #ROBO. ينبغي أن يكون المحتوى مرتبطًا بشكل مباشر بمشروع Fabric Foundation و $ROBO وأن يكون أصليًا، وغير منسوخ أو مكرر. هذه المهمة مستمرة وتتجدد يوميًا حتى نهاية الحملة، ولن تعتبر مكتملة.
#FinancialGrowth
#fahadcreator
#Floki🔥🔥
#FIT21
#FinancialGrowth
#fahadcreator
#Floki🔥🔥
#FIT21
ب
TAGUSDT
دائم
مغلق
الأرباح والخسائر
-١١٫٩٢USDT
BLOCK CHAIN EXPERTS D:
ok come
https://app.binance.com/uni-qr/cart/301068310003425?r=WR9N7RI0&l=en&uco=IBZ0OlfTvjileVT3mj2MIQ&uc=ap
🔴
AERGO/USDT - Short
Entry: 0.05448
Stop Loss: 0.05533
Target 1: 0.05442
Target 2: 0.05414
Target 3: 0.05372
Leverage: x36
$AERGO
{future}(AERGOUSDT)
#FutureTradingSignals
AERGO/USDT - Short
Entry: 0.05448
Stop Loss: 0.05533
Target 1: 0.05442
Target 2: 0.05414
Target 3: 0.05372
Leverage: x36
$AERGO
{future}(AERGOUSDT)
#FutureTradingSignals
ب
KATUSDT
دائم
مغلق
الأرباح والخسائر
-٠٫٤٧USDT
BOOSTER TRADING CO:
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*"Meme Coins vs. AI Coins: Which is the Best Trade on Binance?" 🚀🤖*
Alright, let's break down *Meme Coins* vs *AI Coins* to help you decide which one could be the best for trading on Binance! 🚀
1. *Meme Coins - Fun with a Lot of Hype 🎉*
- *What Are They?*
Meme coins, like *Dogecoin (DOGE)*, *Shiba Inu (SHIB)*, or *Floki Inu (FLOKI)*, are coins that started as a joke or meme, often driven by community hype. They don't have much of a real-world utility at first, but their value is driven by social media trends and community support.
- *Why Are They Popular?*
They can explode in value thanks to viral trends, celebrity endorsements (like Elon Musk’s tweets about Dogecoin 🐕), or meme culture. People get drawn to the fun, excitement, and the potential for big, quick profits.
- *Prediction & Analysis:*
Meme coins can *skyrocket* fast due to hype, but they are also highly volatile. After a major pump, they can crash just as quickly. It’s important to time the market carefully. If you’re trading meme coins, you need to be ready to *ride the waves* and take profits quickly when the price spikes. 🤑
*Pros of Meme Coins:*
- High volatility = potential for big short-term gains 📈
- Fun, community-driven projects
- Can explode with the right amount of hype 🔥
*Cons of Meme Coins:*
Extremely risky and can lose value just as fast 💔
- Lack of real-world use and long-term utility 🤷♂️
---
2. *AI Coins - The Future of Technology 🤖*
- *What Are They?*
AI coins like *SingularityNET (AGIX)*, *Fetch.ai (FET)*, and *Ocean Protocol (OCEAN)* are tied to blockchain-based projects utilizing *Artificial Intelligence (AI)* to solve real-world problems. AI has huge potential in sectors like *data analysis*, *machine learning*, and *automation*.
- *Why Are They Important?*
AI is one of the *fastest-growing fields*, and these coins focus on the future of *technology*, offering solutions that could *revolutionize industries* such as healthcare, finance, and logistics.
- *Prediction & Analysis:*
AI coins have strong long-term potential if the underlying projects deliver on their promises. As AI continues to grow, the *demand for decentralized AI solutions* will rise, pushing the value of these coins. However, they tend to be *less volatile* than meme coins and are more suited for *long-term investment*. 📊
*Pros of AI Coins:*
- Strong utility and real-world use case 🤖
- Long-term growth potential as AI becomes more mainstream 🌱
- More stable compared to meme coins, with less hype-driven volatility 📉
*Cons of AI Coins:*
- Less explosive short-term growth compared to meme coins 🚶♂️
- Requires some technical understanding of AI technology and its applications ⚙️
---
*Which One Should You Trade on Binance? 🤔*
It all depends on your *trading style* and *goals*:
- *If you're looking for short-term excitement and are willing to take risks*, meme coins might be more up your alley. They’re perfect for *quick trades*, but make sure you’re staying on top of market trends and *timing your moves*! ⏱
- *If you're more interested in long-term growth* and want to bet on the future of *technology and innovation*, AI coins might be the better choice. These coins are built on solid use cases and could see massive growth as the AI sector evolves. 🌱
*Final Prediction:*
- *Meme Coins* will *spike* with hype but will come down fast. 💥🚨
- *AI Coins* are *more stable* and will grow steadily as technology advances. 🔮📈
*For the short-term adrenaline rush?* Meme coins are the way to go! 🚀
*For long-term growth?* AI coins could offer more solid returns. 🤖
$DOGE
$NEAR
$FET
#BinanceAlphaAlert #Write2Earn! #Write2Earn! #FIT21 #TrendingTopic
1. *Meme Coins - Fun with a Lot of Hype 🎉*
- *What Are They?*
Meme coins, like *Dogecoin (DOGE)*, *Shiba Inu (SHIB)*, or *Floki Inu (FLOKI)*, are coins that started as a joke or meme, often driven by community hype. They don't have much of a real-world utility at first, but their value is driven by social media trends and community support.
- *Why Are They Popular?*
They can explode in value thanks to viral trends, celebrity endorsements (like Elon Musk’s tweets about Dogecoin 🐕), or meme culture. People get drawn to the fun, excitement, and the potential for big, quick profits.
- *Prediction & Analysis:*
Meme coins can *skyrocket* fast due to hype, but they are also highly volatile. After a major pump, they can crash just as quickly. It’s important to time the market carefully. If you’re trading meme coins, you need to be ready to *ride the waves* and take profits quickly when the price spikes. 🤑
*Pros of Meme Coins:*
- High volatility = potential for big short-term gains 📈
- Fun, community-driven projects
- Can explode with the right amount of hype 🔥
*Cons of Meme Coins:*
Extremely risky and can lose value just as fast 💔
- Lack of real-world use and long-term utility 🤷♂️
---
2. *AI Coins - The Future of Technology 🤖*
- *What Are They?*
AI coins like *SingularityNET (AGIX)*, *Fetch.ai (FET)*, and *Ocean Protocol (OCEAN)* are tied to blockchain-based projects utilizing *Artificial Intelligence (AI)* to solve real-world problems. AI has huge potential in sectors like *data analysis*, *machine learning*, and *automation*.
- *Why Are They Important?*
AI is one of the *fastest-growing fields*, and these coins focus on the future of *technology*, offering solutions that could *revolutionize industries* such as healthcare, finance, and logistics.
- *Prediction & Analysis:*
AI coins have strong long-term potential if the underlying projects deliver on their promises. As AI continues to grow, the *demand for decentralized AI solutions* will rise, pushing the value of these coins. However, they tend to be *less volatile* than meme coins and are more suited for *long-term investment*. 📊
*Pros of AI Coins:*
- Strong utility and real-world use case 🤖
- Long-term growth potential as AI becomes more mainstream 🌱
- More stable compared to meme coins, with less hype-driven volatility 📉
*Cons of AI Coins:*
- Less explosive short-term growth compared to meme coins 🚶♂️
- Requires some technical understanding of AI technology and its applications ⚙️
---
*Which One Should You Trade on Binance? 🤔*
It all depends on your *trading style* and *goals*:
- *If you're looking for short-term excitement and are willing to take risks*, meme coins might be more up your alley. They’re perfect for *quick trades*, but make sure you’re staying on top of market trends and *timing your moves*! ⏱
- *If you're more interested in long-term growth* and want to bet on the future of *technology and innovation*, AI coins might be the better choice. These coins are built on solid use cases and could see massive growth as the AI sector evolves. 🌱
*Final Prediction:*
- *Meme Coins* will *spike* with hype but will come down fast. 💥🚨
- *AI Coins* are *more stable* and will grow steadily as technology advances. 🔮📈
*For the short-term adrenaline rush?* Meme coins are the way to go! 🚀
*For long-term growth?* AI coins could offer more solid returns. 🤖
$DOGE
$NEAR
$FET
#BinanceAlphaAlert #Write2Earn! #Write2Earn! #FIT21 #TrendingTopic
💲 NEW VIP SIGNAL 💲
🟢 Long : NEAR/USDT
Entry: 6.155 - 6.000
LEVERAGE ISOLATED 10X
TP1: 6.310
TP2: 6.444
TP3: 6.610
TP4: 6.800+
❌ Stoploss: 6.855
(Use Trailing SL when in profit)
By @Future Bull
#NEAR🚀🚀🚀 #NearBullish #BTC #FIT21 #altcoins
$NEAR $BTC $ETH
🟢 Long : NEAR/USDT
Entry: 6.155 - 6.000
LEVERAGE ISOLATED 10X
TP1: 6.310
TP2: 6.444
TP3: 6.610
TP4: 6.800+
❌ Stoploss: 6.855
(Use Trailing SL when in profit)
By @Future Bull
#NEAR🚀🚀🚀 #NearBullish #BTC #FIT21 #altcoins
$NEAR $BTC $ETH
🚨BIG news for $NOT COIN holders 🔥
$NOT COIN pump high to highest 🚀
Now price is 0.0076 and I think it's will cross 0.01 soon because read the following passage ......
NOT market cap for now is $700 Million plus, it's going to 1B soon.
So Notcoin big pump possiblity ,NOT coin already top gainers ........
This is a big News :
Whale Burn 6B NOT coin
and catizen burn 5B NOT coin .
what do you think guys 🥰
🚀follow me for new update 💸
#ETHETFsApproved #btc70k #crypto_king_2A #Notcoin👀🔥 #FIT21 $BTC
$NOT COIN pump high to highest 🚀
Now price is 0.0076 and I think it's will cross 0.01 soon because read the following passage ......
NOT market cap for now is $700 Million plus, it's going to 1B soon.
So Notcoin big pump possiblity ,NOT coin already top gainers ........
This is a big News :
Whale Burn 6B NOT coin
and catizen burn 5B NOT coin .
what do you think guys 🥰
🚀follow me for new update 💸
#ETHETFsApproved #btc70k #crypto_king_2A #Notcoin👀🔥 #FIT21 $BTC
$LUNC
$LUNA
🌟 Terra Luna Classic Halts LUNC Burn: A Bold New Direction! 🚀
In a shocking turn of events, the Terra Luna Classic community has voted to end the LUNC burn mechanism, aiming to pivot towards new growth strategies. This decision marks a significant shift in the cryptocurrency’s trajectory, promising to reshape its future and impact on the market. Let's dive into the details! 🚀
💡 What Happened?
The Terra Luna Classic community recently held a governance vote, resulting in the decision to halt the LUNC burn process. The burning mechanism was initially introduced to reduce the supply of LUNC, thereby increasing its value. However, the community has now opted for alternative strategies to boost the coin's prospects.
📊 Why the Change?
Several factors influenced this decision:
1. Market Dynamics : The expected price surge from burning tokens did not materialize as hoped.
2. Development Focus : Redirecting efforts and resources towards development and utility is seen as a more sustainable growth strategy.
3. Community Consensus : The majority of voters believe that focusing on utility and new projects will yield better long-term results.
🔍 What’s Next for LUNC?
The end of the burn does not signify the end of progress for Terra Luna Classic. Instead, the community is now focusing on:
- Enhanced Utility : Developing new use cases and applications for LUNC.
- Partnerships : Forming strategic alliances to foster ecosystem growth.
- Innovation : Investing in innovative projects that can leverage LUNC.
Stay tuned as Terra Luna Classic navigates this new chapter! 🌟
#EarnFreeCrypto2024
#ETHETFsApproved
#altcoins
#Megadrop
#FIT21
$LUNA
🌟 Terra Luna Classic Halts LUNC Burn: A Bold New Direction! 🚀
In a shocking turn of events, the Terra Luna Classic community has voted to end the LUNC burn mechanism, aiming to pivot towards new growth strategies. This decision marks a significant shift in the cryptocurrency’s trajectory, promising to reshape its future and impact on the market. Let's dive into the details! 🚀
💡 What Happened?
The Terra Luna Classic community recently held a governance vote, resulting in the decision to halt the LUNC burn process. The burning mechanism was initially introduced to reduce the supply of LUNC, thereby increasing its value. However, the community has now opted for alternative strategies to boost the coin's prospects.
📊 Why the Change?
Several factors influenced this decision:
1. Market Dynamics : The expected price surge from burning tokens did not materialize as hoped.
2. Development Focus : Redirecting efforts and resources towards development and utility is seen as a more sustainable growth strategy.
3. Community Consensus : The majority of voters believe that focusing on utility and new projects will yield better long-term results.
🔍 What’s Next for LUNC?
The end of the burn does not signify the end of progress for Terra Luna Classic. Instead, the community is now focusing on:
- Enhanced Utility : Developing new use cases and applications for LUNC.
- Partnerships : Forming strategic alliances to foster ecosystem growth.
- Innovation : Investing in innovative projects that can leverage LUNC.
Stay tuned as Terra Luna Classic navigates this new chapter! 🌟
#EarnFreeCrypto2024
#ETHETFsApproved
#altcoins
#Megadrop
#FIT21
Ethereum ETFs might launch before July 2 if SEC sends issuers S-1 comments
After Chair Gensler projected summer approval, Ethereum ETF issuers get SEC S-1 comments.
SEC Chair Gensler is unsure whether ETH is a commodity.
In the near term, Ethereum may range.
Ethereum (ETH) fell 1.4% on Friday. After the SEC commented on potential ETH ETF issuers' S-1 registration statements, a BlackRock official said Ethereum would host conventional market players' tokenization activities.
SEC staff sent potential spot ETH ETF issuers S-1 comments on Friday, according to Bloomberg analyst Eric Balchunas. Since the comments didn't propose substantial application modifications, the government expects issuers to alter and submit their S-1s in a week.
Balchunas said S-1s might be cleared by July 2 and trade the following day.
Following this, BlackRock's CIO of ETF and Index Investments, Samara Cohen, indicated permissioned blockchains won't grow in a Coinbase panel discussion on Thursday.
She told VanEck's Matthew Sigel that conventional market players are building atop open-source Ethereum to avoid fragmenting liquidity.
Ethereum may rebound after exchange outflows
"If you're serious about open-source, you can't not build on Ethereum," he said.
SEC Chair Gary Gensler seemed hesitant during a Senate hearing on Thursday when asked whether ETH is a commodity. Neither yes nor no was given again. At the same session, CFTC Chair Rostin Behnam maintained that ETH is a commodity. Gensler said the SEC would likely authorize spot ETH ETF S-1s this summer.
After spot ETH ETFs were approved under 19b-4, many believed the SEC was considering ETH a commodity. But Gensler's latest stance has raised concerns among crypto enthusiasts.
Despite enabling investors to buy spot ETH and BTC ETFs via Coinbase and Robinhood, The ETF Store President Nate Geraci was dissatisfied with the SEC's approval time.
VanEck filed for 1st place eth ETF in May 2021.
#ETHETFsApproved #FIT21 #altcoins #ETH $ETH
After Chair Gensler projected summer approval, Ethereum ETF issuers get SEC S-1 comments.
SEC Chair Gensler is unsure whether ETH is a commodity.
In the near term, Ethereum may range.
Ethereum (ETH) fell 1.4% on Friday. After the SEC commented on potential ETH ETF issuers' S-1 registration statements, a BlackRock official said Ethereum would host conventional market players' tokenization activities.
SEC staff sent potential spot ETH ETF issuers S-1 comments on Friday, according to Bloomberg analyst Eric Balchunas. Since the comments didn't propose substantial application modifications, the government expects issuers to alter and submit their S-1s in a week.
Balchunas said S-1s might be cleared by July 2 and trade the following day.
Following this, BlackRock's CIO of ETF and Index Investments, Samara Cohen, indicated permissioned blockchains won't grow in a Coinbase panel discussion on Thursday.
She told VanEck's Matthew Sigel that conventional market players are building atop open-source Ethereum to avoid fragmenting liquidity.
Ethereum may rebound after exchange outflows
"If you're serious about open-source, you can't not build on Ethereum," he said.
SEC Chair Gary Gensler seemed hesitant during a Senate hearing on Thursday when asked whether ETH is a commodity. Neither yes nor no was given again. At the same session, CFTC Chair Rostin Behnam maintained that ETH is a commodity. Gensler said the SEC would likely authorize spot ETH ETF S-1s this summer.
After spot ETH ETFs were approved under 19b-4, many believed the SEC was considering ETH a commodity. But Gensler's latest stance has raised concerns among crypto enthusiasts.
Despite enabling investors to buy spot ETH and BTC ETFs via Coinbase and Robinhood, The ETF Store President Nate Geraci was dissatisfied with the SEC's approval time.
VanEck filed for 1st place eth ETF in May 2021.
#ETHETFsApproved #FIT21 #altcoins #ETH $ETH
Trump quer explorar o resto dos $BTC nos Estados Unidos.
Segundo seu último tweet, o ex-presidente manifesta interesse em minerar Bitcoin, nos EUA.
Ele diz que isso ajudará os EUA a serem o maior país dominante em energia no mundo!
#IOprediction #Binance200M #TopCoinsJune2024 #ETHETFsApproved #FIT21
Segundo seu último tweet, o ex-presidente manifesta interesse em minerar Bitcoin, nos EUA.
Ele diz que isso ajudará os EUA a serem o maior país dominante em energia no mundo!
#IOprediction #Binance200M #TopCoinsJune2024 #ETHETFsApproved #FIT21
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