June 3: Bitcoin Bullish Signals, ETF Progress, and Biden Veto Implications

June 3: Bitcoin Bullish Signals, ETF Progress, and Biden Veto Implications

In the cryptocurrency sector, Bitcoin is showing bullish signals with the cross between a bull flag pattern and MACD suggesting a potential move towards a new all-time high. These technical indicators are creating optimism among traders and investors about Bitcoin's price trajectory. This sentiment is echoed by traders on social media platforms, who are closely monitoring these patterns for potential breakout signals.


Ethereum spot ETFs are making headlines as they may signify an end to the longstanding regulatory battle with the SEC. The approval of these ETFs can be seen as a milestone that could pave the way for broader acceptance and investment in cryptocurrencies, enhancing market liquidity and stability.


On the political front, Changpeng Zhao, former-CEO of Binance, has reportedly begun his prison sentence in California. While that’s happening, the US President Joe Biden's recent veto of the SAB 121 resolution has also drawn attention. This veto blocked legislation aimed at reversing key regulatory measures, reflecting the administration's commitment to maintaining stringent oversight in various sectors, including financial regulations. Internationally, El Salvador's President Nayib Bukele continues to serve his country for the second time.


https://substack.com/@dcndailycryptonews


Today’s News👇

https://cointelegraph.com/news/bitcoin-bull-flag-joins-macd-to-tease-new-btc-price-all-time-high-next

https://x.com/TATrader_Alan/status/1797227897624867001

https://decrypt.co/233357/ethereum-etfs-may-have-ended-sec-war-crypto

https://www.dlnews.com/articles/people-culture/changpeng-zhao-reportedly-begins-prison-sentence/

https://decrypt.co/233358/biden-veto-sab-121-resolution

https://cointelegraph.com/news/el-salvador-nayib-bukele-president-bitcoin

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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!

©Copyright 2024 Matthew Aaron Podcasts LLC


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Episoder(745)

April 20: Michael Keeps Buying!

April 20: Michael Keeps Buying!

Strategy makes a massive $2.54 billion Bitcoin purchase (34,164 BTC), its third-largest ever, as spot Bitcoin ETFs log nearly $1 billion in weekly inflows — the strongest since mid-January. Bitcoin ho...

20 Apr 6min

April 17: Ethereum Records Busiest Quarter Ever

April 17: Ethereum Records Busiest Quarter Ever

Bitcoin reaches a two-and-a-half-month high above $76K as risk appetite improves, while Ethereum logs its busiest quarter ever with 200.4 million base-layer transactions in Q1. Small-cap altcoins surg...

17 Apr 5min

April 16: Jon Stewart Mind Blown

April 16: Jon Stewart Mind Blown

Bitcoin holds near $74K–$75K after pushing to four-week highs, supported by whale activity and ETF demand amid geopolitical caution. Deutsche Börse makes a major $200M bet on Kraken, signaling deepeni...

16 Apr 9min

April 15: Tether Making Moves

April 15: Tether Making Moves

Bitcoin holds firmly above $74K after hitting a four-week high, supported by improving sentiment and strong ETF inflows of $1.1 billion last week. Tether launched its new self-custodial tether.wallet ...

15 Apr 8min

April 14: BTC @ $75k!

April 14: BTC @ $75k!

Bitcoin tests $75,000 with $200 million in shorts at liquidation risk as positive sentiment builds, while Tether rolls out a self-custodial wallet for easier USDT, BTC, and tokenized gold payments. Pa...

14 Apr 6min

April 13: World Liberty Financial Scam

April 13: World Liberty Financial Scam

Matt opens by cutting through the noise. Bitcoin is still sitting in the $70K range, Ethereum around $2,100, and the total market cap hovering near $2.4 trillion. In his view, the market itself hasn’t...

13 Apr 9min

April 10: Bittensor Faces Developer Drama

April 10: Bittensor Faces Developer Drama

Bitcoin trades flat near $72K with low volatility as markets await today's CPI inflation print, which could shape Fed expectations and trigger a breakout after three failed attempts above $73K since t...

10 Apr 8min

April 9: Bitcoin Consolidates Near $71K as Iran Ceasefire Frays

April 9: Bitcoin Consolidates Near $71K as Iran Ceasefire Frays

Bitcoin holds near $71K after a ceasefire-fueled surge to $72,800, but the truce showed early signs of fraying within 48 hours, keeping volatility high as oil rebounds and analysts clash on whether a ...

9 Apr 11min

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