Trade Crypto Now

16 Jan 2024 07:25

🇰🇷 South Korea's Crypto Volumes Peak in 2024 as Upbit and Bithumb Dominate Local Market

In the last 100 days, South Korea’s crypto trading activity has experienced a significant upswing. The country’s leading crypto exchanges, Upbit and Bithumb, recorded their highest trading volumes in the initial week of January 2024.

Source

@TradeCryptoNow

Trade Crypto Now

15 Jan 2024 05:50

💰 Reported ‘transfer’ of $15B XRP was part of a failed exploit attempt

According to Bitfinex chief technology officer Paolo Ardoino, an attacker attempted to make use of XRP’s partial payments feature to exploit his crypto exchange but failed.

Source

@TradeCryptoNow

Trade Crypto Now

14 Jan 2024 07:20

🇺🇸 US Lawmaker Expects Donald Trump to Become 'a Lot More' Crypto Friendly in Second Term as President

U.S. Representative Tom Emmer expects former U.S. President Donald Trump to become “a lot more” friendly toward cryptocurrency if he returns to the White House.

Source

@TradeCryptoNow

Trade Crypto Now

13 Jan 2024 05:10

🥇 Grayscale moves $183m in BTC amid ETF fee competition

Grayscale Bitcoin Trust transferred approximately 4,000 BTC to Coinbase Prime deposit addresses

Source

@TradeCryptoNow

Trade Crypto Now

12 Jan 2024 05:19

🇺🇸 Elizabeth Warren slams SEC over decision to allow spot bitcoin ETFs, says crypto needs to follow anti-money laundering rules

Sen. Elizabeth Warren, D-Mass., slammed the Securities and Exchange Commission for approving spot bitcoin exchange-traded funds and called for anti-money laundering rules to be urgently applied to crypto.

Source

@TradeCryptoNow

Trade Crypto Now

10 Jan 2024 22:58

🇺🇸 Gary Gensler: 'While we approved the listing and trading of certain spot BitcoinETF shares today, we did not approve or endorse Bitcoin.'

Source

@TradeCryptoNow

Trade Crypto Now

10 Jan 2024 01:54

💰 SEC’s Twitter/X was hacked to post fake spot Bitcoin ETF approval: Gensler

Some believe the redacted tweet was legitimate, but posted early.

Source

@TradeCryptoNow

Trade Crypto Now

09 Jan 2024 12:01

It's time to adapt to the price action!

💶 Bitcoin  has now reached 47k, well surpassing my previous expectations that 45k was a local high.

I had that idea due to a multitude of data in favor it.

So then, is this time different?

Not yet.

You can say that after all data hits its mark and Bitcoin still decides it's not time to correct.

The MVRV-Z and some other data still has room for increase to the red zone, and it now seems very likely that it will be achieved.

This would mean there is room for higher prices above even 47k if true.

The .618 cycle retrace lies at about 48.5k, which has marked every cycle mid-top.

It seems to be all much more simple than I anticipated.

I will continue to navigate price with the long-term data just as I always have using logical thinking.

I simply wait to see what comes of the ETF speculation and do not try and anticipate it.

@TradeCryptoNow

Trade Crypto Now

08 Jan 2024 15:23

💰 Bitcoin ETFs Closing In: Industry Giants Slash Fees in Epic Battle for Approval! 💼💰

In a monumental move, industry leaders, including BlackRock, Ark Invest/21Shares, VanEck, WisdomTree, Invesco, Fidelity, and Valkyrie, have filed amended S-1 forms, marking the decisive step before potential approval for spot Bitcoin ETFs. The race for the coveted approval is reaching its climax! 🏁🌟

Amended S-1 Forms Filed: Countdown to Bitcoin ETF Approval Begins

Cryptocurrency enthusiasts are on the edge of their seats as major players file amended S-1 forms, signaling the conclusive phase before a potential green light for spot Bitcoin ETFs. BlackRock, Ark Invest/21Shares, VanEck, WisdomTree, Invesco, Fidelity, and Valkyrie are all in the spotlight. 📑🚀

Fee Wars Intensify: BlackRock Sets Sponsor Fee at 0.3%

In a strategic maneuver, BlackRock reveals its sponsor fee at 0.3%, with a notable reduction to 0.2% for the first year or until the ETF hits $5 billion in assets. This unexpected fee cut sends shockwaves through the industry, prompting Bloomberg ETF analyst Eric Balchunas to exclaim, "Life just got a LOT tougher for everyone else. The ETF Terrordome is no joke." 😱💼

VanEck's Strategic Play: Joint Lowest Permanent Fee at 0.25%

VanEck positions itself as a frontrunner by selecting a joint lowest permanent fee among issuers at 0.25%. The fierce battle for fee supremacy is in full swing, and VanEck strategically secures its place. 🏆💸

Source

@TradeCryptoNow

Trade Crypto Now

07 Jan 2024 17:17

💰 VanEck Luminary Unveils Ingenious Fix: Bitcoin ETFs to Eclipse Investor Hurdles! 🌐💡

Gabor Gurbacs, the visionary adviser at VanEck, has revealed a groundbreaking antidote to the unit bias dilemma, proposing that Bitcoin Exchange-Traded Funds (ETFs) could be the silver bullet to captivate a new wave of investors. 🔄🌟

Unit Bias Unveiled: Clearing the Path for Fractional Bitcoin Ownership

The psychological reluctance to embrace fractional ownership of Bitcoin, fueled by unit bias, has long hindered potential investors. Gurbacs asserts that Bitcoin ETFs provide a strategic remedy, democratizing crypto investment by offering a seamless entry for fractional ownership. 🛣💰

Social Media Surge: Gurbacs Lights up X to Spark Conversations

Seizing the power of social media, particularly X (formerly Twitter), Gabor Gurbacs illuminates the prevailing lack of awareness regarding fractional Bitcoin ownership. He underscores the emotional satisfaction derived from holding complete assets, stating, "Owning a full share feels better than owning 0.001 Bitcoin. Seems like a small thing but it’s a big thing." 🚀📲

Market Mastery through Biases: Decoding Investor Sentiment

Acknowledging the ongoing debate on unit bias, Gurbacs highlights the pivotal role biases play in comprehending market dynamics. "Simplistic but unit bias psychology matters a lot. I think about this a lot," he comments, delving into the nuanced factors influencing investment decisions. 🧠📊

Source

@TradeCryptoNow

Trade Crypto Now

06 Jan 2024 16:04

💰 VanEck's Bold Move: 5% of Bitcoin ETF Gains Dedicated to Empower Bitcoin Core Developers! 💰🌐

Exciting developments are reshaping the crypto landscape as VanEck, the forward-thinking Bitcoin ETF applicant, announces a game-changing commitment: earmarking 5% of its Bitcoin ETF profits to support the unsung heroes – the Bitcoin Core developers! 💻💡

🔗 VanEck Partners with Brink: Pioneering Progress in Crypto! 🌐🤝

Pending approval from the U.S. Securities and Exchange Commission (SEC), VanEck's substantial donations will be channeled through Brink, a non-profit organization dedicated to facilitating direct support from donors to Bitcoin code testers and maintainers. This strategic collaboration, involving major crypto exchanges like BitMEX, Kraken, and Coinbase, marks a significant stride in fortifying the very foundations of the crypto ecosystem.

🌟 VanEck: Melding Tradition with Crypto Innovation! 💼🌐

With a legacy dating back to 1955 as a trailblazer in ETF and mutual fund management, VanEck brings a wealth of financial expertise into the dynamic realm of cryptocurrencies. Currently overseeing a robust $76.4 billion in assets as of September 2023, VanEck's commitment signifies a fusion of traditional financial wisdom with the cutting-edge world of digital assets.

🌈 Actions Speak Louder: VanEck's Tangible Support! 💪🌐

In a resounding statement, VanEck emphasized, "We're not Bitcoin tourists. We're in it for the long haul." This isn't just rhetoric; VanEck has kickstarted their pledge with a substantial $10,000 donation to the developers, demonstrating unwavering support for the architects of the Bitcoin ecosystem.

Source

@TradeCryptoNow

Trade Crypto Now

05 Jan 2024 19:10

💰 Celsius Sparks Crypto Resurgence: $470M Ether Unstake Signals Financial Rebirth! 🚀💰

In a strategic move that reverberates across the crypto landscape, Celsius, the prominent crypto lending platform grappling with Chapter 11, announces a dynamic shift by unstaking a substantial $470 million in Ether. This audacious move aims to reshape the narrative of Celsius' financial journey, injecting newfound vitality into its recovery phase initiated in July 2022.

🌐 Financial Reinvention: Celsius' Unstake Paves the Way for Liquidity Reinforcement!
Celsius takes center stage in the crypto finance saga by embarking on an unstaking journey with its existing Ether holdings. This calculated move, initiated on January 5, is strategically designed to bolster liquidity, ensuring a robust financial foundation and potential asset distributions. Celsius, amid the complexities of Chapter 11, positions itself for a financial renaissance.

🔄 Unlocking Potential: Ether Unstake Catalyst for Financial Complexity Resolution
The unstaking of Ether emerges as a crucial catalyst in Celsius' intricate financial restructuring. Beyond the mere unlocking of value, this strategic maneuver is poised to expedite Celsius' commitment to users awaiting the return of their funds for over 18 months. Celsius aims to distribute either Bitcoin or Ether as part of its comprehensive recovery plan.

Source

@TradeCryptoNow

Trade Crypto Now

04 Jan 2024 18:24

💰 Breaking News: Fidelity, Grayscale, and VanEck Signal Progress for Spot Bitcoin ETF Approvals! 🌐📈

In an exciting development, industry giants Grayscale and VanEck have officially filed their Form 8-A, marking a significant step forward in the pursuit of a spot bitcoin exchange-traded fund (ETF). Following hot on the heels of Fidelity's recent filing, the crypto community is buzzing with anticipation for what could be a game-changing advancement in the cryptocurrency investment landscape.

📑 Form 8-A Filing: Gateway to ETF Approval 🌐💼

The filing of Form 8-A is a pivotal move, allowing issuers to trade on an exchange once the product gains regulatory approval. With Grayscale and VanEck joining the fray, the momentum is building towards realizing the dream of a spot bitcoin ETF. The timing is crucial, with the Securities and Exchange Commission (SEC) set to make a definitive decision on the approval or disapproval of a spot bitcoin ETF in the coming days.

💡 Grayscale's Transformative Journey to a Spot Bitcoin ETF 🌈💎

Notably, Grayscale is actively working towards converting its flagship fund into a spot bitcoin ETF. This comes on the heels of a significant August court victory that mandated the SEC to re-evaluate Grayscale's bid for a spot bitcoin ETF. Undeterred, Grayscale remains steadfast in its commitment, ready to operate the Grayscale Bitcoin Trust (GBTC) as an ETF pending regulatory green lights.

🚀 Industry Heavyweights in the Ring: BlackRock and Fidelity Join the Fray! 🤝💼

The enthusiasm for spot bitcoin ETFs is not limited to Grayscale and VanEck. Industry powerhouses like BlackRock and Fidelity have thrown their hats into the ring over the past year, further underscoring the growing demand for regulated cryptocurrency investment options. The competition is heating up, and investors eagerly await the SEC's decision.

Source

@TradeCryptoNow

Trade Crypto Now

03 Jan 2024 18:27

💰 Matrixport Analyst Forecasts SEC Rejection of Bitcoin Spot ETFs in January Chill 🧊🚷

In a chilly revelation for the crypto market, Matrixport analyst Markus Thielen predicts a frosty January as the Securities and Exchange Commission (SEC) gears up for a sweeping rejection of all bitcoin spot ETF proposals. Despite ongoing discussions and revisions to S-1 prospectuses, Thielen points to an unaddressed criterion that could lead to a collective dismissal.

🔍 Unmet Criteria: SEC Challenges Loom Large for ETF Approval
Thielen's analysis delves into the intricate dynamics of politics and compliance within the crypto landscape. While the prospect of an ETF promises a warmer embrace for crypto in the U.S., Thielen argues that current proposals fall short of SEC Chair Gary Gensler's vision of stringent compliance.

🗳 Gensler's Stand: A Probable Barrier to Approval
"SEC Chair Gensler's cautious approach to crypto in the U.S. makes approval for bitcoin spot ETFs a distant hope," observes Thielen. The timeline for meeting Gensler's compliance benchmarks extends into Q2 2024, heightening the likelihood of January rejections.

🚫 Fraud Concerns Echoed: Gensler's Watchful Eye
Gensler's recent remarks on CNBC mirror the SEC's concerns, citing rampant fraud and compliance lapses in the crypto field. "There's been far too much fraud and bad actors in the crypto field," Gensler emphasizes, underscoring the need for adherence to securities laws and anti-money laundering regulations.

Source

@TradeCryptoNow

Trade Crypto Now

02 Jan 2024 17:23

💰 Grayscale's Next Move: Spot Bitcoin ETF Amendment Takes a Daring Turn! 🚀

Breaking through the crypto headlines, Grayscale, the trailblazing cryptocurrency asset manager, has just thrown a curveball with its latest amendment to the Bitcoin exchange-traded fund (ETF) application. 🌐💫

📈 Spot Bitcoin ETF Evolution!
Grayscale's amended filing, skillfully unearthed by Bloomberg's senior ETF analyst Eric Balchunas on X (formerly Twitter), injects a fresh dose of excitement into the ETF arena. Notably, this revision takes an unconventional stance by excluding authorized participant details, sparking curiosity and speculation. 🔄💡

🔍 Authorized Participants: Unraveling the Mystery?
Breaking away from the norm, Grayscale's amended filing keeps authorized participant information in the shadows. Why the secrecy? The company explicitly mentions that these participants will exclusively deal in cash transactions for shares, adding an element of mystery to their strategy. This departure from the ordinary is fueling anticipation in the crypto community. 💸🤔

📅 Dec. 29 Filings: The Race for the First U.S. Bitcoin ETF
In a synchronized move, seven companies, including Grayscale, set the stage by filing updated Form S-1 applications on December 29. While counterparts like Fidelity, WisdomTree, and Invesco Galaxy spilled the beans on their authorized participants, Grayscale opted for a more enigmatic approach, leaving enthusiasts eagerly speculating. 🏁🌌

Source

@TradeCryptoNow

Trade Crypto Now

15 Jan 2024 19:12

💰 Kevin O'Leary Says He'll Never Buy Bitcoin ETF — Prefers to Hold BTC Long Term

Kevin O’Leary, aka Mr. Wonderful, says he will never buy a spot bitcoin exchange-traded fund (ETF) as he is holding bitcoin for the long term as digital gold. “Why would I pay these fees?” he said, adding that spot bitcoin ETFs “add no value” and are “completely unnecessary.”

Source

@TradeCryptoNow

Trade Crypto Now

14 Jan 2024 19:41

🥇 Bitcoin Hashrate Hits New All-Time High Amid Spot ETF Frenzy

Bitcoin’s hash rate, that is the network’s computing power, recently reached a new all-time high amidst the frenzy that came with the debut of spot Bitcoin ETFs in the US. According to data from IntoTheBlock, the Bitcoin hashrate reached an all-time high of 630.91 million TH/s or 630 EH/s on January 11, less than 24 hours after the U.S. Securities and Exchange Commission approved 11 Spot Bitcoin ETFs in the country.

Source

@TradeCryptoNow

Trade Crypto Now

13 Jan 2024 17:56

💰 Bitcoin Dumps To $42,000 Triggering $338 Million In Liquidations

Bitcoin’s spot ETF approvals prove to be a sell the news event amid a 10% daily drop for the crypto asset. According to Coinglass, over 101,000 crypto traders have been liquidated in the past 24 hours. The largest individual liquidation took place on a Bybit BTC/USD trade for $4.5 million. Most liquidations ($271 million) were on long positions.

Source

@TradeCryptoNow

Trade Crypto Now

12 Jan 2024 18:11

🥇 CoinShares to acquire Valkyrie Funds after US spot bitcoin ETF approval

CoinShares International said on Friday it has exercised an option to acquire Valkyrie Funds, expanding the European digital asset firm's U.S. offerings, after Valkyrie's spot bitcoin exchange-traded fund won the U.S. regulator's approval.

Source

@TradeCryptoNow

Trade Crypto Now

11 Jan 2024 15:40

🚀#ETC Price Jumps 34% As #Ethereum Classic Trading Volumes Surge📈💥

The ETC Price breakout above $27 sets it up for further bullish price action all the way to $40 going ahgead.

Source

@TradeCryptoNow

Trade Crypto Now

10 Jan 2024 17:56

💰 Blackrock drops Bitcoin ETF fee to just 0.12% for first $5B in assets, 0.25% ongoing Blackrock looks to offer one of the lowest fee among providers.

Source

@TradeCryptoNow

Trade Crypto Now

09 Jan 2024 18:06

🥇 MicroStrategy is already up nearly $1B from Bitcoin in 2024

The notoriously pro-Bitcoin tech firm nets a cool $600 million in a single day as the $BTC price bull run continues. 🚀

Source

@TradeCryptoNow

Trade Crypto Now

09 Jan 2024 06:00

💰 VanEck Surges with $72.5M, Bitwise and Pantera Capital Heat Things Up! 🚀💡

In a dazzling display of financial firepower, potential issuers of spot Bitcoin ETFs have just dropped a bombshell, revealing their initial funding amounts and setting the stage for a thrilling era in crypto investments! 📈💼

💎 VanEck Commands the Stage with a Whopping $72.5 Million Seed Investment! 🌟🚀

VanEck, the financial juggernaut, takes the lead with an impressive $72.5 million direct investment to seed its potential spot Bitcoin ETF, promising investors an exhilarating ride into the future of crypto finance! 💰🌈 Get ready for a groundbreaking journey led by VanEck!

🌟 Bitwise Plays Big with a $500,000 Seed, Pantera Capital Throws a $200 Million Curveball! 💰📊

Bitwise steps into the ring, seeding its proposed ETF with $500,000. The real showstopper? Pantera Capital's jaw-dropping interest of $200 million in the fund, a signal of immense confidence pending approval. 🚀💼 Note: Interest is non-binding but sends shockwaves through the crypto space! 🔥🚨

💼 BlackRock Adds $10 Million to the Crypto Cauldron! 💡🌐

Global behemoth BlackRock makes its mark, injecting a solid $10 million to seed its potential spot Bitcoin ETF, adding a heavyweight presence to the growing competition! 💪💸

Source

@TradeCryptoNow

Trade Crypto Now

08 Jan 2024 05:48

📈🚨 SEC Sounds FOMO Alarm: Stay Smart Ahead of Spot Bitcoin ETF Verdict! ⚠️💡

In a strategic move, the U.S. Securities and Exchange Commission (SEC)’s Office of Investor Education and Advocacy has issued a crucial FOMO alarm on social media platform X, addressing the looming risks of the Fear of Missing Out (FOMO) in the cryptocurrency landscape. This advisory, part of a recent series, provides essential insights for investors navigating the unpredictable financial terrain. 🌐🔍

'NO GO to FOMO': SEC Advocates Prudent Investment Decisions

The SEC's Office of Investor Education and Advocacy sends a clear message: 'NO GO to FOMO.' Investors are urged to tread carefully, highlighting that the popularity of an investment among peers does not guarantee its suitability for everyone. 💡🚫

Craft Your Investment Strategy: SEC Encourages Informed Choices

The SEC encourages investors to adopt a personalized approach, aligning their investment decisions with individual goals and risk tolerance. The advisory sheds light on the diverse array of digital assets, including cryptocurrencies, ICO tokens, meme stocks influenced by online trends, and non-fungible tokens (NFTs). 🔄💸

Spot Bitcoin ETF Decision Looms: SEC's Timely Guidance

As the SEC approaches a critical decision on spot Bitcoin exchange-traded funds (ETFs), this cautionary note gains heightened significance. An eagerly anticipated announcement early next week could potentially reshape the landscape of Bitcoin ETFs, starting from January 11. 📅🌟

Source

@TradeCryptoNow

Trade Crypto Now

07 Jan 2024 04:03

💰 BlackRock's Power Play: Bitcoin ETF on the Horizon as Workforce Adaptations Unveiled! 💹💼

Major developments are on the horizon as BlackRock, the global financial titan, gears up for the potential approval of its Spot Bitcoin ETF this Wednesday, according to insights from Fox Business. Simultaneously, the firm prepares to reveal strategic workforce adaptations, with an anticipated 3% adjustment affecting around 600 employees. 🔄💪

🔄 Strategic Evolution: BlackRock's Routine Workforce Adjustment 🔍💼

Internally classified as routine, the impending workforce adaptations align with BlackRock's strategic approach to maintain synchronicity with the evolving dynamics of the financial landscape. Following a similar process based on performance metrics last year, these measures showcase a deliberate and forward-looking workforce strategy. 💡💼

📈 Market Resurgence: BlackRock Shares Surge with a 6% Recovery in 2023 🚀📊

After navigating a challenging 2022 that saw a 21% dip in shares, BlackRock stages an impressive recovery in 2023, surging by a resilient 6%. This resurgence is underpinned by a substantial inflow of $187 billion into BlackRock's Exchange Traded Fund (ETF) business, signaling renewed confidence from investors. 💹💰

💼 Strategic Optimization: BlackRock's Ongoing Workforce Fine-Tuning 🔄💼

In line with corporate goals, BlackRock's periodic evaluations underscore its commitment to strategic workforce optimization, ensuring adaptability in response to industry shifts. These proactive measures, part of an ongoing process initiated last year, underscore BlackRock's dedication to strategic evolution grounded in performance metrics. 💼🌐

Source

@TradeCryptoNow

Trade Crypto Now

06 Jan 2024 03:54

💰 Better Markets CEO Urges SEC Caution on Bitcoin ETF, Citing Fraud Risks 🚨💼

Risks of Fraud and Manipulation:
Kelleher expresses serious reservations about greenlighting spot Bitcoin ETFs, asserting that it might expose investors to a market fraught with fraud and manipulation. These concerns underline persistent fears surrounding the susceptibility of the crypto industry to illicit activities. 🤔🔍

Security Amid Rising Phishing Scams:
His concerns align with the growing threat of phishing scams in the crypto space, where over 324,000 users fell victim in 2023, resulting in losses totaling $295 million. Kelleher emphasizes the urgency of bolstering security measures to shield investors from evolving threats. 🛡💻

Legitimacy Challenges for the Crypto Industry:
Kelleher raises a red flag regarding the potential unintended consequence of granting undue legitimacy to the crypto industry through ETF approval. He warns that this move could be misconstrued as official endorsement by the U.S. government, possibly misleading unsuspecting investors. 🏛🚀

Crypto Community Skepticism:
While Kelleher's warnings echo valid concerns, skeptics within the crypto community, including James Seyffart, a Bloomberg ETF analyst, remain cautious. Their skepticism adds layers of complexity to the broader regulatory discourse around cryptocurrencies. 🔄📉

Source

@TradeCryptoNow

Trade Crypto Now

05 Jan 2024 06:04

💰 Crypto Tsunami: SEC Flooded with Spot Bitcoin ETF Applications as Decision Deadline Nears! 🚀💼

In a whirlwind of activity, asset managers are making waves, submitting registrations for their spot bitcoin exchange-traded funds (ETFs) to the U.S. Securities and Exchange Commission (SEC). With the first decision deadline on January 10, the crypto community is on the edge of its seat, speculating about a potential early call from the SEC.

📊 Titans Clash: Vaneck, Valkyrie, Grayscale, Fidelity, and Bitwise Enter the Ring! 🌟🔥

The competition is fierce as industry giants like Vaneck, Valkyrie, and Grayscale Investments threw their hats into the ring last Thursday. Fidelity strategically joined the fray on Wednesday, and Bitwise had already marked its territory the week prior. This dynamic lineup showcases the industry's united push toward paving the way for spot bitcoin ETFs.

🏛 Battle of the Exchanges: NYSE Arca, Cboe BZX, and Nasdaq Await Crypto Glory! 🌐🏰

The drama unfolds on the exchange battleground, with Grayscale and Bitwise eyeing the prestigious NYSE Arca. Vaneck and Fidelity prepare for a showdown on the Cboe BZX Exchange, while Valkyrie aims to make its mark on Nasdaq. The choice of exchange adds an extra layer of excitement to this unfolding crypto saga.

📜 Fidelity's Symphony: The Rise of the Wise Origin Bitcoin Fund! 🎶💡

Fidelity, a giant in the crypto space, reveals its strategy in the filing: "The securities to be registered hereunder are shares... of the Fidelity Wise Origin Bitcoin Fund." With approval secured for the listing of the trust's shares by the Cboe BZX Exchange, Inc., Fidelity solidifies its role as a significant player in the ever-evolving world of spot bitcoin ETFs.

Source

@TradeCryptoNow

Trade Crypto Now

04 Jan 2024 06:11

💰 Tuttle Capital Unveils Six Innovative Bitcoin ETFs: A Leap into the Future of Crypto Investing! 🌐🚀

Tuttle Capital Management, a trailblazer in the world of exchange-traded funds (ETFs), has made a significant move by filing three N1-A forms with the Securities and Exchange Commission (SEC). The aim? To introduce not one, but six groundbreaking Bitcoin ETFs that promise to redefine the dynamics of crypto investing.

📈 Strategic Vision: Tuttle Capital's ETF Revolution
With an eye on the future, Tuttle Capital Management has set the stage for a new era in crypto investments. The proposed ETFs are designed to amplify returns from a spot Bitcoin ETF, offering investors an unprecedented opportunity to navigate the crypto market with enhanced potential.

🌟 Mark Your Calendars: Effective Date Locked for March 18, 2024
According to Bloomberg Intelligence ETF analyst Henry Jim, the effective date for these innovative ETFs is March 18, 2024. Tuttle Capital's proactive approach positions them as pioneers, ready to embrace the evolving landscape of crypto investments.

🚀 Meet the Magnifiers: Tuttle Capital's Suite of Amplified ETFs
The proposed ETFs include T-REX 1.5X, 1.75X, and 2X Long Spot Bitcoin Daily Target ETFs, as well as T-REX 1.5X, 1.75X, and 2X Inverse Spot Bitcoin Daily Target ETFs. These ETFs promise daily leveraged or inverse results, with magnifications reaching up to 150% and 200%. Investors can anticipate an exciting journey in navigating the dynamic crypto market.

Source

@TradeCryptoNow

Trade Crypto Now

03 Jan 2024 09:34

💰 **Breaking News: CBOE Anticipates Game-Changing Era with Spot Bitcoin ETF Approval! 🚀**

*Chicago, IL — January 4, 2023*

In a groundbreaking revelation, the Chicago Board Options Exchange (CBOE) foresees a seismic shift in the cryptocurrency landscape with the potential approval of Spot Bitcoin Exchange-Traded Funds (ETFs). According to CBOE Digital president John Palmer, the green light for these ETFs will not only usher in a new era of institutional investment but also pave the way for pension funds to make their mark on the crypto market.

📈 Spot Bitcoin Shines Bright at $45,136! 🌟
The exciting development comes as Bitcoin's value stands strong at $45,136, making it a prime opportunity for investors seeking exposure to the cryptocurrency market.

🏦 Institutional Investors Set to Join the Bitcoin Revolution!
Palmer believes that the approval of Spot Bitcoin ETFs will be the key to unlocking previously untapped interest from institutional investors. In a recent interview on Bloomberg TV, he expressed his anticipation, stating that approval "is going to pave the way for pension funds and RIA-based funds to be able to invest in assets in a spot Bitcoin ETF." Currently, many funds face barriers to direct exposure to Bitcoin, and this development is poised to break down those barriers.

🔍 ARK Invest 21 Shares Bitcoin ETF – SEC's Decision Looms Large!
As we approach the SEC's January 10 deadline, all eyes are on the pending decision regarding the ARK Invest 21 Shares Bitcoin ETF application. This decision is set to shape the future landscape of cryptocurrency investments.

🌐 Global Impact: From Institutional to Retail!
Palmer predicts that the approval of Spot Bitcoin ETFs will not only attract institutional interest but will also lead to increased retail participation in Bitcoin derivatives. This move could mark a significant turning point for the broader financial landscape.

Source

@TradeCryptoNow

Trade Crypto Now

02 Jan 2024 09:32

💰 Bitcoin's Majestic Surge: Skyrockets Beyond $45K in a Dazzling New Year Display! 💹

In a stunning debut to 2024, Bitcoin has smashed through the $45,000 barrier, achieving a milestone not witnessed in almost two years. This remarkable surge aligns seamlessly with the mounting excitement surrounding the imminent approval of a spot Bitcoin exchange-traded fund (ETF), injecting a fresh wave of enthusiasm into the crypto sphere. 🌐💰

📈 Bitcoin's Ascension: A Breathtaking 6% Surge in 24 Hours and an Astounding 170% Growth Over the Last Year!

Starting the year at $42,000, Bitcoin has embarked on a rapid ascent, experiencing an impressive surge of over 6% in the past 24 hours alone. The extraordinary trajectory continues, showcasing a staggering 170% surge over the past year, as reported by CoinMarketCap. This surge not only surpasses Bitcoin's 2023 peaks but also establishes an exhilarating new yearly high just two days into 2024. 📆🚀

💼 Market Pinnacle: Bitcoin's Rally Sparks Anticipation for Potential SEC Approval!

With the crypto community eagerly awaiting the SEC's decision on pending applications for a spot Bitcoin ETF, excitement reverberates through the market. The regulator currently holds 14 outstanding applications, and the impending decision carries the potential to reshape the crypto investment landscape. 🏛🌟

🔄 A Nostalgic Climb: Bitcoin Soars Past $45,000, Recalling Heights Last Seen in April 2022!

The surge in Bitcoin's price prompts a nostalgic reflection on almost 20 months ago, specifically April 5, 2022, when Bitcoin last traded above $45,000. This time, however, the ascent feels different, signaling a potential departure from the bear market that followed back then. 📈🔄

Source

@TradeCryptoNow