We've got an interesting week ahead! The market rallied over the weekend as expected, but Monday sees a bit of a pullback. The week's price action is hard to predict with so much news on the horizon, but expect plenty of volatility.
1. $ETH ETF trading begins tomorrow.
2. Election drama continues. Biden's not running, but is it really over?
3. Elon Musk has laser eyes on his Twitter profile โ a bullish signal from past cycles!
4. Trump will speak at the Bitcoin conference on Saturday.
5. Growing speculation about crypto adoption by future US government.
6. Potential $XRP approval from the central bank.
Key focus on the $ETH ETF launch and whether it will follow the $BTC ETF trend. Grayscale's higher fees might cause early sell-offs. #Crypto #BTC #ETH #XRP
@TrustWallet now supports Notcoin and all the TON jettons.
You can hold, send, buy and sell it directly from the app.
Check the price, they got the vibe
#probablynothing
Elon Musk's 'MAGA' tweet on July 20th caused a sharp rise in MAGA crypto, up 8% by July 21st morning! ๐ Trump's election odds on Polymarket also soared to 65%. This is not financial advice, but following Musk's posts could be profitable for savvy traders! ๐ธ #Crypto#MAGA #ElonMusk #Trump2024
๐ Big week ahead in crypto! Major news and data releases:
โ July 23: Insiders hint at the spot $ETH ETF launch, with trading set to begin on Cboe.
โ July 25: Final court hearing for Ripple vs SEC, a key case for crypto regulation.
โ July 25-27: BITCOIN conference in the US, featuring a speech by Presidential candidate Donald Trump. Rumors suggest he might announce a US reserve fund in $BTC!
US Macro Data:
โ July 24: Business Activity Index (16:45)
Manufacturing sector
Services sector
โ July 25: US Q2 GDP (15:30)
With the labor market slowing down, we could see positive macro data, likely benefiting the market. However, keep in mind that prices have already started rising in anticipation of these events, so there could be corrections following the news.
#CryptoNews #Bitcoin #Ethereum #Ripple #SEC #ETH #BTC #CryptoRegulation #MacroData #USGDP #Investing #Trading #CryptoMarket
Spot $ETH ETFs are coming on July 23! ๐ Fidelity, Invesco, 21Shares, VanEck, and Franklin Templeton are all set for Cboe. Watch out for high volatility! #Ethereum#CryptoTrading#ETHETF#CryptoMarket
๐ Big news for $ETH! Hester Peirce from the SEC suggests that under a Trump administration, Ethereum ETFs might include staking options. This opens up huge possibilities for the future of $ETH! ๐ #Ethereum#ETF#Staking#CryptoNews
Hester Peirce saying what we thought but nice to hear it directly: both staking and in-kind creation/redemption for eth/btc ETFs are "open for reconsideration" (if there's a change at POTUS obv).
๐ Bullish news incoming!
Grayscale announces a new crypto fund targeting artificial intelligence. AI tokens are responding! ๐ #Grayscale#Crypto#AI#Bullish#CryptoMarket
๐ฅ Pixelverse is now live on 5 CEXs! This multi-exchange listing is a major milestone for $PIXFI. Get ready for an exciting ride! ๐ #Pixelverse#CryptoNews#CEX#CryptoListing
$PIXFI will be listed on major centralized exchanges on July 18th at 12 PM UTC.
Stay tuned for more information about the future of $PIXFI and its many token utilities once it goes live.
#PIXELVERSE $PIXFI
๐ Major Update! ๐
SEC's Hester Peirce suggests that staking in an Ethereum ETF might be "open for reconsideration"! Incredibly bullish for $ETH! ๐ฅ #Ethereum#CryptoNews#Bullish
๐ Top 5 Reasons for $ETH Upswing ๐
Spot Ethereum-ETFs
Coming US trades could begin on July 23, leading to a $ETH surge due to institutional demand. K33 Research forecasts Ethereum outperforming Bitcoin with the ETF launch.
$ETH Supply Shrinking
Exchange balances have hit 10.2%, while 39.3% of $ETH is in smart contracts. Many still don't grasp Ethereum's limited supply. #Ethereum #Crypto
Ethereum's Legal Status
The SEC halted its investigation against Consensus in June 2024, with no illegal securities found. This strengthens Ethereum's legal standing. #Blockchain
Technical Excellence
The $ETH team is always improving the project. Fees in Layer 2 are now cheaper than those in Solana, the main "Ethereum killer." #Ethereum #Layer2 #Solana
Bullish Market Trend
Bitcoin's April 2024 halving started a growth cycle. As $BTC rises, so do altcoins like Ethereum. #Ethereum #Bitcoin #Crypto #Bullish #Halving #Altcoins #CryptoMarket
๐ฅ Key $ETH growth factors you need to know! ๐ฅ
๐ฅ Hot News! ๐ฅ 13,000 Mt. Gox clients have been repaid in $BTC and $BCH! What does this mean for the crypto market? ๐ #Bitcoin#BitcoinCash#Crypto#MtGox
๐ฅ Hot Update! ๐ฅ Mt. Gox clients to receive their $BTC and $BCH on Kraken in 7-14 days. Are we in for another market shake-up? ๐ #Bitcoin#BitcoinCash#Crypto#MtGox#Kraken
$PIXFI will be listed on major centralized exchanges on July 18th at 12 PM.
Stay tuned for more information about the future of $PIXFI and its many token utilities once it goes live.
#PIXELVERSE $PIXFI
Is there a positive shift coming? ๐ค
Mike Novogratz believes that by Q4 this year, China could remove its crypto ban. ๐
#CryptoMarket#Bitcoin#Ethereum $BTC $ETH
Dropping $BTC below current levels would be bad publicity for the $ETH ETF launch. ๐
It wouldn't make sense to see BTC nullify all gains since the $ETF trading began. Fear has been instilled enough.
#BTC#Bitcoin#Crypto#CryptoMarket#BTCETF#ETH#Ethereum
๐ Trump's re-election odds spike after attack.
Donald Trump was shot in the ear during a campaign event. The attacker was killed, and two bystanders were injured. Politico reports a significant rise in Trump's re-election chances following the incident.
Investors are anticipating a boost in Trump's victory bets, and $BTC has climbed above $60,000. As a crypto advocate, a Trump victory could ignite a new crypto market rally.
#Trump2024 #Bitcoin #BTC #Crypto #Election2024 #TrumpCoin #CryptoNews #Investing #DeFi #Blockchain #CryptoCommunity #CryptoTrading
๐ง Observations on the Market
When the $BTC ETF launched on January 10th, prices were around $46,000. It's now less likely that $Bitcoin will be dumped below current levels, as this wouldn't be favorable for the upcoming $ETH ETF launch. It seems a local bottom has been established.
$BTC tanking before the $ETH ETF launch would be poor publicity. Fear has been sown sufficiently. Still, I advise against taking futures positions on news, as unpredictable market events are always possible.
#Bitcoin #Ethereum #CryptoMarket #ETFs #InvestmentTips