Dear friends ๐ซ
๐ Here we go with Thursdayโs news digest:
โช๏ธYesterday we saw a successful "rehearsal" before the ETH transition to PoS. Such good news, because ETH 2.0 release is a huge event for the whole industry that could be a reason for crypto-rally.
โช๏ธKickEX improves its Android app. We understand how important it is to make our app not only work, but also keep it up-to-date with technology, taking the expectations of our users and partners into account. So, our latest update includes push notifications for deposits and withdrawals, the ability to automatically insert a 2FA code from the clipboard, and the option of choosing "dark mode" for the interface.
โช๏ธJapan is again on the first stage in crypto. An island country has introduced a slew of new crypto regulations designed to liberate the operations of local industry.
โช๏ธAnd one more positive signal from Asia. ADDX, a Singapore-based private equities platform, has become the first financial institution in the city-state to recognize crypto holdings while verifying investors looking to use its platform.
โช๏ธEven though strange U.S. crypto policy, The NY State Department of Financial Services, notorious for its strictness, claims to be the first regulator in the country to impose requirements for issuing dollar-backed stablecoins and creates a guidance about it. Certainly, itโs a good mark.
โช๏ธ75% of retailers plan to provide crypto payments within 24 months. Deloitteโs report says that improving customer experience, increasing the customer base and a hope their brand is perceived as โcutting edgeโ were the biggest reasons given for a desire to adopt crypto payments. We donโt see any reason to doubt in it.
๐๐ปThank you for your attention, letโs keep in touch!
๐ Here we go with Thursdayโs news digest:
โช๏ธYesterday we saw a successful "rehearsal" before the ETH transition to PoS. Such good news, because ETH 2.0 release is a huge event for the whole industry that could be a reason for crypto-rally.
โช๏ธKickEX improves its Android app. We understand how important it is to make our app not only work, but also keep it up-to-date with technology, taking the expectations of our users and partners into account. So, our latest update includes push notifications for deposits and withdrawals, the ability to automatically insert a 2FA code from the clipboard, and the option of choosing "dark mode" for the interface.
โช๏ธJapan is again on the first stage in crypto. An island country has introduced a slew of new crypto regulations designed to liberate the operations of local industry.
โช๏ธAnd one more positive signal from Asia. ADDX, a Singapore-based private equities platform, has become the first financial institution in the city-state to recognize crypto holdings while verifying investors looking to use its platform.
โช๏ธEven though strange U.S. crypto policy, The NY State Department of Financial Services, notorious for its strictness, claims to be the first regulator in the country to impose requirements for issuing dollar-backed stablecoins and creates a guidance about it. Certainly, itโs a good mark.
โช๏ธ75% of retailers plan to provide crypto payments within 24 months. Deloitteโs report says that improving customer experience, increasing the customer base and a hope their brand is perceived as โcutting edgeโ were the biggest reasons given for a desire to adopt crypto payments. We donโt see any reason to doubt in it.
๐๐ปThank you for your attention, letโs keep in touch!
Twitter
Bitfly
The Ropsten network just merged! One of the last testnets until we merge on the #Ethereum mainnet๐ผ ropsten.beaconcha.in
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The total market capitalization increased by 64.5%
#Bitcoin set a new all-time high at $73,737
Solana and Maker grew by 100% and 132% respectively
#Ethereum increased by 60% due to reduced fees and restaking
The market capitalization of the top 10 meme coins on #Solana reached $9.36 billion
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#Analytics #Ethereum
๐ท After a decline within a descending correctional trend, the price of the #ETH/USDT coin found support in the range of levels 2817 - 2921, where the technical analysis pattern "Head and Shoulders" was formed, which can be considered as a signal for a trend change to bullish.
๐ The nearest resistance is in the range of levels 3005 - 3037. Breaking this level will confirm the signal for the beginning of price growth with the nearest targets in the range of 3140 - 3215.
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Meanwhile, Donald Trump sold his NFT with a photograph after his arrest in August 2023 for $1 million (presumably, this is the remaining one percent of the market) and promised to embrace crypto in the US in case of winning the elections.
Recently, cryptocurrency has increasingly become a bargaining chip in politics, an interesting trend indeed.
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For now, the decision will only apply to VanEck.
For the largest contender for launching ETH ETFs, #BlackRock, the review period is set for August 7.
Meanwhile, QCP Capital believes that if the spot ETH ETF is approved, we can expect #ethereum to reach $5000 this year.
#CryptoNews #Opinion
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Certain coins are experiencing up to 161% growth due to speculative news
Meanwhile, forecasts for the price of #ETH, in the event of an ETF launch, predict it reaching $14,000 by the end of next year
#CryptoNews
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#Opinion
๐ท Analyst Eric Balchunas from #Bloomberg believes that the #SEC decision on the #Ethereum #ETF can be expected around 23:00 (GMT+3)
In January, the approval for the launch of a #BTC ETF was published around the same time๐ฐ
In Eric's comments, there's some irony about whether we should expect a hack of the SEC account this time as well. Recall that a day before the official publication about the #bitcoin ETF, a message about the approval appeared on the SEC's page, causing a spike in the digital gold price. The SEC later stated that the account had been hacked.
So, #ETH to the moon?๐
๐ฅ โ yes
๐ โ no
In January, the approval for the launch of a #BTC ETF was published around the same time
In Eric's comments, there's some irony about whether we should expect a hack of the SEC account this time as well. Recall that a day before the official publication about the #bitcoin ETF, a message about the approval appeared on the SEC's page, causing a spike in the digital gold price. The SEC later stated that the account had been hacked.
So, #ETH to the moon?
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