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 8: US-Iran Two-Week Ceasefire Announcement, Oil Crashes, and Strong ETF Flows

April 8: US-Iran Two-Week Ceasefire Announcement, Oil Crashes, and Strong ETF Flows

Crypto markets rallied sharply as Bitcoin broke above $72,000 following President Trump’s announcement of a two-week US-Iran ceasefire, which eased geopolitical fears, crashed oil prices, and boosted ...

8 Apr 10min

CRAIG COBB: MACRO PRESSURE BUILDING — AND CRYPTO STILL LOOKS WEAK

CRAIG COBB: MACRO PRESSURE BUILDING — AND CRYPTO STILL LOOKS WEAK

Craig’s view hasn’t changed, but the macro backdrop is starting to catch up to it. With rising geopolitical tension tied to President Trump’s latest deadlines and threats, alongside crude oil ripping ...

7 Apr 6min

April 7: Quantum Threats Dominate Discussion, Solana Security Overhaul

April 7: Quantum Threats Dominate Discussion, Solana Security Overhaul

Bitcoin steadies near $68K with mixed moves as Iran ceasefire hopes clash with renewed Trump rhetoric and oil volatility, supported by strong Bitcoin ETF inflows ($471M on April 6). Quantum threats ta...

7 Apr 9min

April 2: Bitcoin Holds Above $65K, Quantum Warnings Echo, and Drift Exploit Rocks Solana

April 2: Bitcoin Holds Above $65K, Quantum Warnings Echo, and Drift Exploit Rocks Solana

Crypto markets stabilize with Bitcoin above $65K and altcoins like SOL, ETH, and XRP posting stronger rebounds amid easing oil/geopolitical pressure. Google's quantum whitepaper lowers the qubit thres...

2 Apr 6min

April 1: Google Quantum Paper Sparks Crypto Security Debate

April 1: Google Quantum Paper Sparks Crypto Security Debate

Bitcoin rebounds above $68K, ending a losing streak as geopolitical tensions ease and ETF inflows support sentiment. Google’s March 31 Quantum AI whitepaper dramatically lowers the qubit threshold for...

1 Apr 13min

CRAIG COBB: BITCOIN STILL FAILING WHERE IT MATTERS

CRAIG COBB: BITCOIN STILL FAILING WHERE IT MATTERS

Craig’s not getting sucked in by a single green candle. Yeah, Bitcoin finally put in a strong week, up over 10%, but to him, that’s just one candle. That’s not a trend. And more importantly, it’s happ...

31 Mar 5min

March 31: Bitcoin Hovers Near $66K–$67K Amid Geopolitical Tensions

March 31: Bitcoin Hovers Near $66K–$67K Amid Geopolitical Tensions

Bitcoin steadies near $66K–$67K as Iran tensions, oil spikes, and ETF outflows weigh on sentiment, with retail distribution adding pressure amid range-bound trading. Regulatory highlights include KuCo...

31 Mar 9min

March 27: Bitcoin Drops Below $67K on Geopolitical Fears

March 27: Bitcoin Drops Below $67K on Geopolitical Fears

Bitcoin plunges below $67K as Iran war fears, rising Treasury yields, and oil spikes trigger liquidations and retail selling, with Bitcoin ETFs seeing their biggest outflow in three weeks. Tether comm...

27 Mar 8min

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