Crypto News: ETH ETFs, Pro-Crypto Politics, UNI, DOGE & MORE!

"for the ethereum ETFs to list on exchanges S1 approvals are required these could take as long as 5 months according to Bloomberg's ETF analysts on the one hand it's possible that eth will continue to grind higher the same way that BTC did after coin Telegraph accidentally reported that the spot Bitcoin ecfs had been approved back in October 2023 on the other hand it's possible eth could slide lower due to investor exhaustion and impatience"

"if it plays out eth could rally as high as $4,600 conversely though eth could be rejected around $3,900 as that's a key resistance level this would erase most of eth's recent pump bringing it back down to around $3,200"

"Gala games was reportedly exploited for $200 million worth of Gala tokens last week... The Hacker then began dumping these Gala tokens on Unis swap raking in around $22 million and causing gala's price to fall in the process"

"shortly after Gala games co-founder and CEO Eric sha said they will likely use this eth to buy back Gala logically this buying pressure could cause Gala to pump quite a bit"

"factor in the crypto VC firm DWF Labs simultaneously announced that it would be purchasing over $1 million worth of Gala tokens to stabilize its price"

"it's possible that kabosu's death could motivate him to follow through all in her memory of course now in all seriousness Elon is unlikely to do anything with Doge anytime soon nor are we likely to see explosive growth from Doge for that matter"

"the spot Bitcoin ETFs had the Practical effect of pulling btc's pump forward and it looks like we're about to get the same historical rotation into eth when the spot ethereum ETFs are listed in a few weeks or months time after that retail investors will arrive creating a proper altcoin season"

"it looks like Pape is close to topping but if there's one thing we know about mem coins it's that they tend to defy the laws of gravity"

"this fundamentally depends on what happens with eth and the ETFs"

"it's going to be tricky for uni to get above this Zone without a bullish Catalyst the SEC deciding not to pursue its case against Unis swap could be it but don't hold your breath politics are not so something to bet on"

"if it's a bull flag then Pendle could rally as high as a $ in the coming days if it's a double top then all could fall right back down as you might have guessed this all depends on what happens with eth and the ETFs"

"it's possible that Ono will go higher but this would again require some more positive developments around eth and especially crypto regulations"

"it's possible that we could see a lawsuit as soon as this week and it could be bearish for eth however the political pressure on the SEC could prevent this lawsuit from materializing"

"the resolution that us politicians passed related to an SEC rule which effectively prohibited financial institutions such as Banks from providing crypto custody for their clients this resolution was passed with bipartisan support meaning members of both parties voted for it"

"similarly the bill titled fit 21 was passed in the House of Representatives again with bipartisan support it is essentially gives regulatory Clarity to the crypto industry and puts the cftc in charge of certain crypto related activities"

"going as far as to say that he will keep anti-crypto politician Elizabeth Warren away from everyone's BTC and pardon Ross Olrick the founder of the silkroad darknet marketplace who was given an extremely harsh prison Center sence"

"if they've been told to step down because of crypto voters they likely will but again this depends on the contents of these lawsuits if the SEC found objectively illegal activity you'd think that they would still follow through with the lawsuits just because it's the legally correct thing to do"

"another big Narrative of the next bull market appears to be mem coins and it's possible that it's the first of many narratives we're going to see FYI we've speculated about the possibility that a narrative would come along to Kickstart the bull market the same way that defi summer did in 2020 if meme coins are indeed the one then they're off to a great start"

"people's interest in crypto is the lowest it's been in 5 years this is eye openening because it suggests that most of the price action we've seen so far has come from experienced crypto retail investors and institutions"

"this underscores a fact that's been staring us all in the face and that's that we are still in the early stages of this crypto bull market were it not for the spot Bitcoin ETFs it would be obvious to everyone that we're somewhere in the late 2020 period relative to through the previous 4-year cycle"