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In Asia, Bitcoin investors are navigating through turbulent market swings, allegedly influenced by automated trading bots reacting to data coming from spot Bitcoin exchange-traded funds (ETFs). Arbelos Markets president Shiliang Tang emphasized the importance of automated bots, stating they can "auto-scrape data and trade accordingly.”   Despite the overheated market and considerable turbulence in the crypto space since January, Galaxy Digital CEO Novogratz remains optimistic for SEC approval of Ethereum ETFs later this year. www.trademarkets.eu Risk Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86.23% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. #tradingnews #trademarket

In this week’s Digital Asset Digest, we discuss the growing investment case for Ethereum, the London Stock Exchanges’ decision to accept Bitcoin and Ether ETNs, Bloomberg ETF analysts’ revised ETH ETF approval odds by May, Mastercard’s on-chain payment card pilot with Metamask to enable everyday purchases, Hong Kong’s Central Bank’s regulatory sandbox initiation for stablecoin issuers, Ethereum’s supply burn since the Merge, some of the largest BTC holders by category, Bitcoin flipping silver and becoming the 8thlargest asset in the world, and more. Subscribe to our weekly Digest, it’s free: http://bit.ly/44icx6m #Ethereum #ETH #Web3 #DigitalAssetDigest #NinepointDAG

In this week’s Digital Asset Digest, we discuss this recent market dip and why we remain bullish, Standard Chartered’s $150K Bitcoin price forecast, BlackRock’s partnership with Securitize to launch a digital liquidity fund, FTX’s Sam Bankman-Fried facing 40 to 50 years in prison, Utah judge’s order for SEC to pay sanctions due to bad faith actions in DEBT Box case, digital asset funds $100 billion milestone in assets under management, Bernstein’s $7.5 trillion crypto market projection in 2025, Solana’s Google search interest surpasses Ethereum, and more. Subscribe to our weekly Digest, it’s free: http://bit.ly/44icx6m #Bitcoin #Ethereum #Web3 #DigitalAssetDigest #NinepointDAG

Is it time to get on the crypto train? Bitcoin is once again in the news and making record highs with the new ETFs, the promise of new regulations plus the volume of investment into it, with institutional investors taking notice. While it shows lots of promise with a radical technological approach to alternative finance, it’s still a wild ride and on a fundamental level poses challenges on how you value it against a more traditional tangible investment. Seeing knowing how fast it moves, and by how much, I won’t be betting the house on it just yet, still it’s better odds than the lottos so maybe redirect the lotto budget?

🚀 What's amazing about crypto is how quickly everything can change. #BTC review Just on Saturday morning, after the unclear close of the Friday daily candle, a mature double top was forming on the weekly timeframe with targets around $50,000 at best. The "It's over" vibes were strong, with thoughts of a full-fledged bear market. Everything seemed grim. On Sunday, news of another batch of SEC remarks on the ETH ETF with a deadline of July 7 emerged, meaning the launch is postponed. Not great for already struggling alts. Plus, the potential Mt. Gox distribution in July added to the full set of troubles. #MtGox 📈 And then BTC suddenly makes progress with a $2000 move on the daily Sunday candle (on a weekend!), pulling in the weekly bar. The technical picture becomes much more interesting. 💪 Therefore, I think we are in for another move towards $70,000. And then we'll see. Just in case, I drew arrows to later refer to this post and say, "I told you so." #Bitcoin #Crypto

Regulators have given money managers the all clear sign to launch 11 spot bitcoin exchange-traded funds. That will allow everyday investors to get exposure to the world’s largest cryptocurrency without having to own it. Crypto in your 401k? Hey, if you want that risk and can sleep at night. The ETFs begin trading today. It's a big moment for the crypto industry, which has endured boom and bust periods the past five years and the downfall of one-time prominent leaders in FTX's Sam Bankman-Fried and Binance's CZ. Coinbase CFO Alesia Haas tells Yahoo Finance's Seana Smith that it was "a landmark day for crypto," but that "this is a long journey and this is just one step along the way," in the bid for crypto to gain more widespread acceptance. Haas believes the spot bitcoin ETF approval will "invite trillions of dollars that were previously not able to access crypto assets and not able to access bitcoin" access to the asset class. Full watch below.

Here are the key reads of week 09/2024 🚨 +++ Markets +++ + Wyden Announces Growth in 2023 + + Crypto Exchange Introduces Kraken Institutional + + The Role of RWAs in the Evolution of Stablecoins + + Digital Innovation Awaits the Funds Industry + + EigenLayer’s $100M Haul Ignites Series of Adjacent Investments + +++ Trading +++ + Bitcoin Holds Above $63k After Inflation Rises as Expected + + Crypto Entering Its Parabolic Phase + + Coinbase Crash Could Mean Another Bitcoin Bull Run Is Coming—Here's Why + +++ Regulation +++ + ‘No Real Progress’ on Consolidated Supervision of Crypto Intermediaries + + Market Should Prepare for Compressed Settlement Cycles Globally + ...and much more. ✅ Subscribe & join 16,000+ others: https://lnkd.in/ehTet5Cj #crypto #digitalassets #FX #quanttrading #BTC #ETH #hedgefunds #banks

Exciting News in the Crypto Space! The U.S. Securities and Exchange Commission (SEC) has given the green light for the launch of exchange-traded funds (ETFs) that directly hold bitcoin, making it easier for mainstream investors to dive into the world of digital assets! This decision hailed as a game-changer, has driven the price of Bitcoin to its highest level in about two years, reaching nearly $46,000. Notable asset managers, including BlackRock, Fidelity Investments, ARK Investment Management, and others, have received approval for their spot-bitcoin ETFs, marking a significant milestone in the crypto industry. Spot-bitcoin ETFs, named for their direct purchase and sale of the digital currency itself, are expected to start trading soon, offering investors a more accessible avenue to engage with Bitcoin. SEC Chair Gary Gensler emphasises caution, stating that the approval doesn't endorse Bitcoin and urging investors to remain vigilant about associated risks. The decision has sparked debates about potential implications, with critics expressing concerns about a possible influx of various crypto tokens and scams seeking SEC approval. Let's discuss it! What are your thoughts on this groundbreaking move by the SEC? How might it impact the broader crypto landscape? Share your insights below! #CryptoNews #SEC #Bitcoin #ETFs #Finance #Blockchain #Investing

Crypto investment products saw largest inflows in five weeks, CoinShares says ➡️ Read All : https://lnkd.in/egRjW47p Driven by positive market sentiment, crypto investment products saw their largest inflows in weeks, data from CoinShares shows. Crypto investment products attracted over $530 million... [...] #CryptoInflows #BitcoinInvestment #EthereumETF #InterestRateCut #MarketSentiment #Crypto #Regulation #NBTC

The US Securities and Exchange Commission (SEC) has finally approved a range of spot Bitcoin (BTC) exchange-traded fund (ETF) applications. The decision comes more than a decade after the initial filing for a crypto-based ETF, a financial product designed to track the performance of various assets such as commodities and equities. The newly approved ETFs will specifically track the spot market price of Bitcoin. Wall Street giants such as BlackRock, Fidelity, and VanEck, alongside several native crypto firms, are among those bringing these ETFs to the market.  The approval of these products has the potential to attract significant capital inflows into Bitcoin (BTC), with many crypto executives expressing enthusiasm about their impact on the digital asset market. Website: www.malgo.finance #bitcoin #ETFs #btc #bitcoinetf #market #SECApproval #developments #updates #target #Pinksale #mgxg #malgo