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New Post: Analyst Says Bitcoin ETF Denial Could Trigger Major Crypto Rugpull, Here’s why - Cryptocurrency analyst Nate Geraci has revealed that a rejection of a Bitcoin Spot Exchange-Traded Fund (ETF) by the SEC could lead to a significantly negative effect on the entire cryptocurrency market. Bitcoin Spot ETF Denial To Impact The Crypto Space Nate Geraci took to his official X (formerly Twitter) handle to share his optimism on the impact of a Bitcoin Spot ETF if rejected. The analyst’s recent prediction came amidst the recent bearish sentiment encompassing the crypto asset and market. According to him, if the United States Securities and Exchange Commission (SEC) denies a Bitcoin Spot ETF, it could lead to a major rug pull in cryptocurrency. He asserted that if an ETF is not approved in January, the rug pull will be one of the “bigger rug pulls” in crypto history.  This is due to the significant impact that the anticipation of an ETF approval has had on the entire crypto market lately. The impending decision, which is anticipated to take place next month, may also mark a turning point in the acceptance of cryptocurrencies in traditional finance. Nate also highlighted on his X post a 100% possibility of a Bitcoin ETF approval by the SEC. “Not my base case, but can’t entirely rule out given history here, which is why I said close to 100%,” he noted. The crypto analyst’s projections towards the approval of an ETF have not changed over time. In August, Geraci also predicted the same percentage possibility of a Spot Bitcoin ETF approval by the SEC. He pointed out several court victories by Grayscale over the regulatory watchdog and a COIN SSA. This is ultimately why he believes the odds of the product being approved are 100%. If the SEC approves an ETF, the cryptocurrency market, which is still recovering from the bear market in 2022, would benefit greatly from it. There is a growing narrative about the possible institutionalization of Bitcoin, drawing comparisons to the early 2000s adoption of Gold exchange-traded funds (ETFs). The SEC Chairman Confirms “New Look” At Applications The SEC chairman Gary Gensler has recently asserted that the commission is taking a “new look” at the pending Bitcoin Spot ETF applications. Gensler’s assertion points to the idea that the SEC may be trying to proceed with the applications appropriately at the moment.  He referred to the Commission’s previous rejection of applications, but that it was forced to change its mind once the court became involved. This is because of the court’s decision in the Grayscale case when it ruled in favor of the firm’s $GBTC conversion over the SEC’s decision.  The asset manager’s claim that there is a correlation between the futures and spot markets was accepted by the court in the Grayscale case. Consequently, this has compelled the SEC to reevaluate Grayscale’s application and possibly other issuers. BTC is trading at $41,13

Bitcoin ETF: Hype vs. Reality🤔 The possibility of a spot Bitcoin ETF is generating a buzz in the crypto world, and the recent news about BlackRock's application to the SEC has added fuel to the fire. This potential ETF, which could hit the market in January or sooner, has investors hopeful for a new way to gain exposure to Bitcoin without the complexities of digital wallets and private keys. However, as the saying goes, "Don't count your chickens before they hatch." While the hype around a Bitcoin ETF is undeniable, some experts are cautioning against overly optimistic expectations. Past experiences with spot crypto exchange-traded products in Canada and Europe haven't caused the market to skyrocket as some might have anticipated. Eric Balchunas from Bloomberg Intelligence suggests that there could be a "gap between the hype and the actual demand" when a Bitcoin ETF is initially launched. He compares it to the futures crypto ETF, which took off during the peak of the crypto mania but might not be a fair benchmark. BITO, the ProShares Bitcoin Strategy ETF, launched in October 2021 when Bitcoin was at $64,000 per coin. It saw massive initial interest, trading $280 million in shares within the first 20 minutes and nearly $1 billion by the end of the day. However, the crypto landscape has since changed, with price fluctuations, hacks, and scams creating a more cautious atmosphere. It's worth noting that the liquidity constraints of today's exchanges, compared to 2021, pose another challenge for a new Bitcoin ETF. Achieving significant day-one inflows, as seen with BITO, could be more challenging. The SEC also has a backlog of Bitcoin ETF applications, potentially leading to a dispersion of interest when approvals finally come through. However, experts unanimously agree that in the long run, a spot Bitcoin ETF's approval would be a game-changer for the cryptocurrency space. James Seyyfart of Bloomberg Intelligence believes that over the year, spot ETFs will outshine futures ETFs in terms of demand. Adam Guren, co-founder of Hunting Hill Digital, sees this approval as a "momentous milestone" that could create a more favorable environment for cryptocurrency investments in the United States. In conclusion, while the road ahead for a Bitcoin ETF may have some bumps, the potential benefits it offers to the cryptocurrency market and investors are too significant to ignore. Let's keep a close eye on developments and stay optimistic about the future of crypto! 🌟 #Bitcoin #ETF #CryptoInvestments #FinancialMarkets

ETFAltcoin.com, ETFAltcoins.com, ETFBTCS.com, and ETF.lat: The Perfect Domain Names for the Growing ETF and Cryptocurrency Market Greetings, fellow investors! As the world of cryptocurrency continues to evolve and gain mainstream acceptance, the demand for reliable and secure investment options is growing. Exchange-Traded Funds (ETFs) that track the price of cryptocurrencies, such as Bitcoin, are becoming increasingly popular as a way for investors to gain exposure to the market without the need to hold the actual cryptocurrency. With this growing trend in mind, I am excited to announce that I am selling four premium domain names that are perfect for businesses and investors in the ETF and cryptocurrency market: 1. ETFAltcoin.com 2. ETFAltcoins.com 3. ETFBTCS.com 4. ETF.lat These domain names are highly relevant to the ETF and cryptocurrency market and offer a range of benefits for businesses and investors, including: 1. Branding Opportunity: These domain names are short, memorable, and easy-to-remember, making them an ideal choice for businesses that want to establish a strong online presence and build their brand. 2. SEO Benefits: These domain names include relevant keywords for ETFs and cryptocurrencies, making them an excellent choice for businesses that want to improve their search engine ranking and attract more traffic to their website. 3. Credibility and Trust: Owning a premium domain name like ETFAltcoin.com, ETFAltcoins.com, ETFBTCS.com, or ETF.lat can help establish your business as a credible and trustworthy player in the ETF and cryptocurrency market. 4. Easy to Remember: These domain names are easy to remember, making it simple for customers and partners to find your website and share it with others. This can help increase traffic to your website and improve your online visibility. 5. Investment Opportunity: Owning these domain names is an excellent investment opportunity. As the ETF and cryptocurrency market continues to grow and gain mainstream acceptance, the value of these domain names is likely to increase. By investing in these domain names now, you can secure your place in the future of the ETF and cryptocurrency market. If you're looking for a premium domain name that perfectly encapsulates the essence of the ETF and cryptocurrency market, these domain names are the perfect choice. I am open to offers from businesses and investors that can truly benefit from these domain names. Let's work together to create a win-win situation that can help your business thrive. To make an offer, please visit the respective sales pages for ETFAltcoin.com, ETFAltcoins.com, ETFBTCS.com, or ETF.lat. I look forward to hearing from you!

New Post: 2023 Became Third-Largest Year for Cryptocurrency Inflows - The digital asset investment products experienced inflows of $2.25 billion throughout the entire 2023. This places it as the third-best year based on data dating back to 2017, with 2020 recording $6.6 billion and 2021 reaching $10.7 billion, according to the latest report by CoinShares. As such, the inflows for 2023 were 2.7 times higher than those observed in 2022, marking a substantial rebound for the asset class. The majority of this recovery occurred in the final quarter, coinciding with increasing indications that the SEC was becoming more receptive to the introduction of spot-based Bitcoin ETFs in the United States. Total assets under management (AuM) experienced a 129% increase over the year, concluding at $51 billion, the highest level since March 2022. Bitcoin Breaks Records with 87% Share of Inflows Bitcoin appears to be riding high on investor confidence, as evidenced by CoinShares’ latest findings, which revealed that digital asset investment products focused on the asset attracted $1.9 billion of inflows, representing 87% of total flows. This dominance in flows stands as the highest in recorded history, surpassing the previous peak in 2020 when it garnered 80% of the flows and hitting a low point in 2017 at a mere 42%. Interestingly, CoinShares revealed that there is no apparent “discernible trend” in these figures, and the most probable explanation is the excitement surrounding the potential approval of a spot Bitcoin ETF. Not all market participants were optimistic, as certain investors directed $60 million towards short positions in Bitcoin, anticipating a potential decline in its price. Meanwhile, Ethereum experienced a recovery in inflows, reaching $78 million by the end of the year; however, it remains a laggard compared to the total assets under management (AuM), representing only 0.7%. Solana, on the other hand, benefited from investor hesitancy toward Ethereum, receiving inflows totaling $167 million, equivalent to 20% of AuM. During the same period, XRP and Cardano garnered inflows of $18 million and $14 million, respectively, representing nearly 24% and 20% of their AuMs. Additionally, Polkadot and Litecoin registered annual inflows of $6 million and $3 million, constituting 16% and 2% of their AuMs, respectively. Geographically The United States experienced the highest inflows, totaling $792 million, yet this only accounted for 2% of the assets under management (AuM). In contrast, Germany recorded the most substantial inflows at 22% of AuM, with Canada and Switzerland following closely at 15% and 13%, respectively. CoinShares asserted that the US lagging is possibly reasonable, considering the potential investor preference for a spot-based ETF. SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

Why a Bitcoin ETF could lead to Bitcoin’s 'Tragic Demise'? 💥 As Crypto News - Australia writes, the industry is anticipating the approval of a spot Bitcoin ETF (exchange-traded fund) in the US, but the success of such financial products might lead to the end of BTC. 'BitMEX founder Arthur Hayes warned that the launch of spot Bitcoin ETFs may challenge the existence of the pioneer cryptocurrency.' The warning isn't merely cautionary, it reveals a perceived tension between traditional finance and the decentralised ethos of crypto. There's a concern that Wall Street's entry and dominance could compromise crypto's core values: 'Imagine a future where the largest Western and Chinese asset managers hold all the Bitcoin in circulation. This happens organically as people confuse a financial asset with a store of value.' This is indeed worrying. Bitcoin is meant to be a decentralised currency. The shift from decentralised 'empowerment' to centralised control by financial giants would for sure undermine Bitcoin's raison d'être. 🤔 'Despite Hayes’ warning, nothing appears to be stopping traditional firms from their ambition to get a spot Bitcoin ETF approved.' How is that a surprise? Traditional financial entities are going to prioritise profit over the long-term health and integrity of the ecosystem. The sustainability of the crypto ecosystem is hardly their primary concern. But shouldn't we have faith in Bitcoin's stability? 'Amid these developments, Bitcoin’s price has demonstrated resilience. The top cryptocurrency briefly touched $44,000 before correcting to $43,642 at the time of writing.' Bitcoin's price resilience might be interpreted as strength, but it could also signify speculative bubbles or unreasonable optimism. It is probably driven more by hype than genuine understanding of Bitcoin's underlying utilities. Can Bitcoin withstand the 'existential threats' posed by ETFs? Let's wait and see...

New Post: Bitcoin ETF Approval Sparks Optimism in Crypto Market, Experts Weighs In - Quick Take The SEC’s approval of the first U.S. spot Bitcoin ETF is igniting optimism in the cryptocurrency market. Experts believe this move will attract a fresh wave of investors, potentially boosting Bitcoin’s accessibility, demand, and credibility. Anticipation is already driving a 0.3% increase in Bitcoin’s price, with the market poised for a surge in liquidity and institutional involvement. The SEC’s historic approval of the spot Bitcoin ETF has sparked excitement in the cryptocurrency market In a groundbreaking move that is poised to reshape the landscape of the cryptocurrency market, the U.S. Securities and Exchange Commission (SEC) has granted approval for the first-ever U.S.-based spot Bitcoin ETFs. The decision has sent ripples of enthusiasm throughout the crypto community and has already had a tangible impact on the price of Bitcoin (BTC), which has surged by 0.3% to nearly $46,650 in the wake of the announcement. Ben Weiss, CEO and Co-Founder of CoinFlip, the leading Bitcoin ATM provider in the United States, shares his insights on this monumental development and its implications for the cryptocurrency space as a whole. His remarks shed light on the significance of this momentous decision by the SEC. “This ETF approval didn’t fundamentally change what those in the space have already known for years: bitcoin is here to stay,” Weiss asserted confidently. Indeed, Bitcoin has been an undeniable force in the world of finance, with a growing recognition of its potential to revolutionize everything from cross-border payments to enhancing transparency within complex supply chains. Weiss continues by expressing his contentment with the newfound accessibility this approval will bring to a wider range of investors, saying, “I’m glad more investors will now have access to this incredible asset and the technology that underlies it.” The emergence of a U.S.-based spot Bitcoin ETF can be seen as a milestone event that brings cryptocurrencies further into the mainstream, cementing their position as a driving force behind the future of finance. One of the most compelling aspects of this development is the impact it is having on the value of cryptocurrencies. As Weiss highlights, “Anticipation of a bitcoin ETF is pouring rocket fuel into the crypto market.” This surge in anticipation is primarily attributed to the belief that a Bitcoin ETF will usher in an influx of new investors, thereby increasing demand and liquidity for the cryptocurrency. Investors who were previously hesitant to directly hold Bitcoin or navigate the complexities of crypto exchanges may now find a more accessible avenue for exposure to this digital asset. Weiss points out that this fresh wave of capital and the accompanying increase in credibility and recognition could be transformative for the crypto market. The immediate futur

New Post: QCP Capital Forecasts ETH’s Dominance Over Bitcoin To Persist, Ethereum ETFs In Focus - Over the past 30 days, Ethereum (ETH), the second-largest cryptocurrency, has experienced a notable surge of 17%, outperforming Bitcoin (BTC), which has recorded a surge of 2.5% over the same period.  This comes as the initial excitement surrounding the approval of the exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) appears to have waned, with BTC witnessing a 5% drop in the past seven days.  Interestingly, according to crypto trading firm QCP Capital, following the approval of Bitcoin ETFs, the focus has shifted to the potential launch of an ETH spot ETF, which could be one of the factors for Ethereum outperforming BTC.   Ethereum Gains Ground Against BTC  According to QCP Capital, the total volumes transacted across all 11 ETFs in the past week have reached $9.8 billion. The Grayscale Bitcoin Trust (GBTC) alone accounted for $4.6 billion.  Since converting from a Trust to an ETF, GBTC has experienced outflows of $1.17 billion. This is “unsurprising” for the firm, considering GBTC had been trading at a discount since 2020, offering investors an opportunity to exit at par value.  BTC initially surged to a high of $49,100 upon ETF approval but has since seen a decline, consolidating above the $40,000 support level. Volumes have slowed since the initial launch, and market attention is focused on GBTC outflows.  Meanwhile, ETHBTC, which traded below 0.05, has seen an upward trend to 0.06. According to QCP Capital, Ethereum is anticipated to continue to outperform Bitcoin in the medium term as the narrative shifts towards potential ETH Spot ETF approvals. Bitcoin Forward Contract Yields Decrease Following the launch of the BTC spot ETF, BTC forward contracts have experienced a greater decline compared to ETH forward contracts. BTC 1-month forward fell from 32% annualized to 9% (-23%), while ETH 1-month forward decreased from 28% to 12% (-16%).  According to QCP Capital, despite declining yields, ETH forwards still appear attractive, offering 11-13% annualized returns. Additionally, selling ETH 1-month 2200 Puts presents a viable option with yields above 21% annually, and it could be a suitable level to buy in the event of a dip upon potential ETH spot ETF approvals. Ultimately, the crypto firm suggests that the forthcoming BTC halving in mid-April and the potential approval of ETH Spot ETFs from May are anticipated to be significant events for the crypto market.  In the interim, market movements may also be influenced by macroeconomic events. The January Federal Open Market Committee (FOMC) meeting, as well as the February Non-Farm Payrolls (NFP) and Consumer Price Index (CPI) reports, are being closely monitored for insights.  The pace of the balance sheet runoff, discussed briefly in December 2023, is expected to provide further clarity during the Janua

New Post: US SEC approves eleven spot Bitcoin ETFs as Memeinator’s presale approaches $3.5M - Key takeaways It is a historic week for the cryptocurrency market as the US Securities and Exchange Commission (SEC) approved all eleven spot Bitcoin exchange-traded funds (ETF) applications.  With that, Memeinator’s presale continues to soar higher and is now closing in on an important milestone. Bitcoin ETFs go live in the United States The US SEC approved all eleven spot Bitcoin ETF applications on Wednesday. This approval opens the floodgates for institutional investors to directly participate in the cryptocurrency market through exchange-traded funds. It also provides a more regulated and accessible avenue for BTC investment. The eleven spot Bitcoin ETFs are already trading on various exchanges and posted a $4.5 billion trading volume on the first day. However, Bitcoin’s price is yet to substantially appreciate following this latest development. At press time, the price of Bitcoin stands at $45,959 per coin.  What is Memeinator? As Bitcoin enjoys its historic week, Memeinator’s presale continues to rally higher. Memeinator is a Web3 project that will launch as a meme token and provide utility to those that use memes.  The development team have their sights set on making sure Memeinator becomes one of the leading meme coins in the cryptocurrency space. It has a unique project perspective and is offering value to investors and content creators. Memeinator launching as a meme coin is to take advantage of the recent growth in trading volume and popularity of meme coins.  Per the whitepaper, Memeinator will destroy worthless memes on the internet, allowing users to have access to only quality memes. What makes Memeinator an exceptional project is the fact that it provides utility to the users and incentives to the token holders.  AI technology would enable Memeinator to identify worthless memes, enabling content creators and other users to know them and steer clear of them. The development team have a $1 billion market cap target for Memeinator once it begins trading on crypto exchanges.  The Memeinator presale continues to record excellent numbers. The native token, MMTR, was sold for $0.01 in the first presale stage and is now going for $0.0186. The price will rise to $0.0485 by the end of the presale, giving early investors a massive 264% ROI at listing.  Memeinator’s presale approaches $3.5 million The Memeinator presale launched three months ago and so far, the project has raised more than $3.5 million from investors. Buying into this project is very easy as investors can purchase the Memeinator token (MMTR) using ETH, USDT and USDC stablecoins.  At launch, the MMTR token will only be available on the BNBChain and Ethereum networks. However, the token could launch on other blockchains as it seeks to reach a