Insights & Innovations in Cryptonaire Weekly!

Insights & Innovations in Cryptonaire Weekly!

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Dear , Crypto bulls are speculating a spot Ether exchange-traded fund approval after reports emerged that the Securities and Exchange Commission allegedly U-turned on the spot Ether ETFs possibly due to political pressure with reports stating it has asked ETF exchanges to update their 19b-4 filings. Ether’s price has pumped 19.4% over the last 24 hours and is now trading at $3,685 — its highest price since April 9, according to CoinGecko. While it isn’t clear what caused the sudden shift, Bloomberg ETF analyst Eric Balchunas and other industry pundits speculate that it could be due to a "turning tide" in Capitol Hill regarding crypto. Bitcoin Surges Over $71K as Ether ETF Hopes Lead to $260M in Short Liquidations. Some traders expect ether prices to reach as high as $4,000 in the coming days, with odds of an ether ETF approval raised to 75%. Bitcoin surged over $71,000 early Tuesday, its highest since early April, as ether surged over 19% to $3,700 after Bloomberg analysts raised the probability that spot ETH exchange-traded fund (ETF) gets approved in the U.S. to 75%. The sudden move up caused over $260 million in market-wide short liquidations, the biggest since Feb.28. Ether shorts lost over $115 million, followed by bitcoin shorts at just over $99 million, Coinglass data shows. Crypto exchange Binance logged over $130 million in liquidations, the largest among counterparts, followed by OKX at $118 million and Huobi at $51 million. READ NOW EHWREUM JUMPS 18% AMID BITCOIN SURGES OVER $71K BITCOIN HITS RECORD IN JAPAN Top Article This Week! HOW THE ETHEREUM ADDRE HOW TO CONNECT BNB SMART SAFECRYPTO WALLET REVOLUT The information you’ll find in this email is for educational purpose only. We make no promise or guarantee of income or earnings. You have to do some work, use your best judgment and perform due diligence before using the information in this email. Your success is still up to you. Nothing in this email is intended to be professional, legal, financial and/or accounting advice. Always seek competent advice from professionals in these matters. We also recommend that you check all UK laws to make sure you are in compliance when you create your online business. If you break the city or other local laws, we will not be held liable for any damages you incur

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