Binance Chain Tokens Trends With SEC Rejection of BlackRock’s Ethereum ETF – U.Today
Posted: February 1, 2024 at 2:44 am
Cover image via http://www.freepik.com
Disclaimer: This is sponsored content. The information on this page is not endorsed or supported by U.Today, and U.Today is not responsible or liable for any inaccuracies, poor quality, advertising, products or other materials found within the publication. Readers should do their own research before taking any actions related to the company. U.Today is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the article.
After years of back and forth, cryptocurrencies are slowly but surely getting spot ETFs. Bitcoin ETFs broke the ice, and now, BlackRock and other institutional investors are making a push to launch Ethereum ETFs. BlackRock has been in talks with the SEC for a long time, and despite making progress, the U.S. Securities and Exchange Commission (SEC) extended its decision period.
Most investors hoped to see Ethereum ETFs by the end of January, but the decision has been postponed to May 2024. So, let's see what's happening in more detail. Another high-potential investment option, eTukTuk, can help you get massive returns while waiting for Ethereum ETFs.
>>> Buy The Best Coin Now<<<
After approving Bitcoin ETFs, the SEC is delaying its decision to do the same for Ethereum ETFs for a few reasons. BlackRock made the official proposal on January 25, 2024, but the decision was initially extended to March 10. The SEC stated that Nasdaq made the first proposal on November 21, 2023, published in the Federal Register on December 10.
BlackRock again made the same proposal, and the delays are expected to continue for at least a few months. The next big decision day is now set for May 23rd, 2024, as that's the final decision date.
May 23rd is the day when the SEC must make the final decision on VanEck's spot Ethereum ETF, which will be the final decision on the matter. The regulators will likely make the same decision on similar applications but with different deadlines, and that includes BlackRock's application as well.
Even though the SEC must decide by May, it still needs to be determined if it will approve or deny Ethereum ETFs. However, some of the leading market analysts feel optimistic, as Bitcoin ETFs are already a reality, and there's enough time until May to see how they impact the markets. For example, Bloomberg's ETF analyst Eric Balchunas predicts that Ethereum ETFs are 70% likely to get approved.
The final decision will have a massive impact on crypto prices. If approved, Bitcoin, Ethereum, and other cryptos will likely get a significant boost in value. However, if denied, the crypto markets could enter a downtrend, which could result in a massive selloff and a bearish market for months. Therefore, the stakes are high, and the result will define crypto markets for years to come.
>>> Buy The Best Coin Now<<<
While waiting for the SEC to make up its mind about Ethereum ETFs, another emerging crypto platform aims to revolutionize a massive multi-billion dollar industry while making the world a better place. It's called eTukTuk, and it offers a sustainable transport solution that will help improve transportation in developing countries across the globe by introducing blockchain technologies into a market used by millions of people every day.
>>> Buy eTukTuk Now<<<
Air pollution is a severe health threat, particularly in large cities across South-East Asia. There are over 270 million TukTuks and other three-wheelers on the roads, emitting large quantities of CO2 daily. With rising energy prices and new policies, ICE vehicles are becoming obsolete, threatening the livelihood of millions of TukTuk drivers and their families.
eTukTuk's primary goal is to help build an affordable and sustainable network of charging stations to allow TukTuk drivers to continue their work using electric vehicles. The effect will reduce CO2 emissions while empowering the lives of billions of people worldwide. Air pollution is a serious health concern across developing countries and has a significant negative effect on life expectancy and all kinds of serious health complications.
>>> Buy eTukTuk Now<<<
eTukTuk aims to use blockchain technologies to provide a sustainable transport system by building a network of affordable charging stations and introducing electric vehicles. The system has an AI solution at its core used to streamline everything from navigation and route optimization to reducing fuel consumption and promoting a sustainable, eco-friendly transport solution.
The ecosystem is powered by the $TUK token used to pay for charging. Users can obtain the tokens in multiple ways. The first option is to play a P2E game that puts you in the role of a TukTuk driver driving customers around the streets of Sri Lanka. It's similar to Crazy Taxi, but you drive whacky TukTuks instead of cars.
The second option is buying and investing your $TUK tokens to earn APY rewards. Another option, Power Stake, will allow users to reduce charging fees once the system is up and running. Simply put, eTukTuk is an environmentally sustainable transportation system that will help make the world healthier and more eco-friendly.
>>> Buy eTukTuk Now<<<
eTukTuk is in its earliest presale stages, so you have the perfect opportunity to invest in $TUK tokens at the lowest price possible. The presale event has raised over $660,000 so far, and if you invest today, you can stake your $TUK tokens for an impressive 323% APY. The event enters a new stage every seven days, and the price of $TUK tokens gradually increases. Join the rEVolution today and help build a better world for billions of people worldwide.
>>> Buy eTukTuk Now<<<
Despite everyone thinking that Ethereum ETFs will go live after the SEC approved Bitcoin ETFs, the final decision has been pushed back to May 2024. We will have to wait another few months before we can invest in ETH ETF. Still, a new Binance token, $TUK, is available for purchase, and it has a noble goal that will help reduce air pollution by replacing ICE TukTuks with electric vehicles. Join the rEVolution today, stake your $TUK tokens, and earn huge returns before the platform goes live later this year.
>>> Buy eTukTuk Now<<<
Link:
Binance Chain Tokens Trends With SEC Rejection of BlackRock's Ethereum ETF - U.Today
- Inclusivity: ONWIN integrates depositing in Crypto on their website with Binance Coin - Euro Weekly News [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Ethereum's Liquity (LQTY) up 40% as Binance's Multimillion Holdings Unveiled - U.Today [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Binance Coin, Polygon and Big Eyes Coin - Three Long-Term ... - NewsWatch [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Bitcoin hits 9-month high on relief trades; Binance still under pressure - Yahoo Finance [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Binance vs. Coinbase: Which crypto exchange is right for you? - Yahoo Finance [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- US trustee appeals NY Judges approval of Voyager deal with Binance.US - Cointelegraph [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Binance Will Convert $1B Worth of BUSD Stablecoin to Bitcoin, Ether, BNB and Other Tokens - CoinDesk [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Binance Halts GBP Deposits and Withdrawals - Crypto Briefing [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Bitcoin price flash spikes to $50K on Binance after USD Coin peg snaps - Cointelegraph [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Binance CEO announces recovery funds conversion from BUSD to native crypto - Cointelegraph [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Bitcoin Transaction Fees Outpace Ethereum, DeFi TVL Surges 11% in November: Binance - Cryptonews [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Binance to End $BUSD -- $BNB Price Drops as Investors Look to This Next Hot Altcoin - BSC NEWS [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Terra Classic rally after Binance burns 3.9b LUNC, this altcoin could also soar - crypto.news [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Cristiano Ronaldo faces $1B class-action suit over Binance NFTs - ESPN [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Terra Classic (LUNC) Up 22% as Binance Burns 3.9 Billion Tokens - U.Today [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Whale transfers 2m Solana to Binance, investors exploring this safer alternative - crypto.news [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Binance gave VIP traders a heads up on $4B settlement: Bloomberg - Blockworks [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Coinbase and Bybit Grab Market Share After Binances Settlement With the US Government: Analytics Firm Kaiko - The Daily Hodl [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Binance Experiences $1.684B in Outflows Traders Diversify With Solana and Pullix for Massive ROI - CryptoDaily [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Kraken Chief Legal Officer Says Bright Future Ahead for Crypto After Binance Settlement With US Government - The Daily Hodl [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Binance's 'VIP' traders were forewarned of $4 billion settlement penalty: Bloomberg - The Block - Crypto News [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Why Cristiano Ronaldo is being sued in $1bn lawsuit by people who bought his NFTs - The Athletic [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- The US watered down crypto when it ousted Binance's Zhao and that's okay - Blockworks [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Binance Backed Crypto Wallet Firm Web3Auth, and Safe Launch SafeAuth - Cryptonews [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Coinbase rallies more than 60% in same month that FTX and Binance founders brace for prison - CNBC [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- What's Next for OpenAI, Binance Is Binanceled and A.I. Is Eating the Internet - The New York Times [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Binance Pilots Banking Triparty Agreement to Help Institutional Investors to Manage Counterparty Exposure - PR Newswire [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Binance News: Binance To Airdrop BTC, ETH And SHIB Worth $500K To Users, But There's A Catch - CoinGape [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- $PEPE Witnesses Significant Surge After Binance Unveils New Promotion - The Merkle Hash [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Binance looks to boost FDUSD adoption with fee-free trading for Ethereum, XRP, others - CryptoSlate [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Ronaldo hit with $1 billion class-action lawsuit for endorsing Binance NFTs - CBS News [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Binance's Multi-Billion CFTC Penalty Was 'Heightened,' Says Commissioner Kristin Johnson - CoinDesk [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- New Binance CEO Evasive in First Marquee Interview Since Getting One of the Biggest Jobs in Crypto - CoinDesk [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Binance Exchange Unveils $500,000 Airdrop to Boost Web3 Wallet Usage and Liquidity - Coinpedia Fintech News [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Master Trader, Who Nailed Binance (BNB) And Polygon (MATIC) Price Predictions, Unveils The Next 100X Altcoin Gem - The Crypto Basic [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Binance's $4.3B penalty hard to beat, CFTC senior official says - Protos [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Binance Announces Mystery Airdrop With Exciting Rewards - Milk Road [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Binance: Can the biggest crypto exchange reform itself? - The Week [Last Updated On: December 6th, 2023] [Originally Added On: December 6th, 2023]
- Florida and Alaska ban Binance from serving their residents - Finbold - Finance in Bold [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binance and SEC Clash Over Evidence Production and Witness Depositions in Ongoing Legal Battle - Cryptonews [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binance Enhances Security with External Bank Custody - Crypto Times [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binance Allows Clients To Use Independent Banks As Custodians Amid Regulatory Pressure - Benzinga [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binance sued by Hamas hostage, families of victims for allegedly facilitating Oct 7 attack in Israel - The Straits Times [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- API3 Surges On Binance As DWF Labs Deposits Tokens - NullTX [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binances market share reaches 49%: Was this event a catalyst? - AMBCrypto News [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Ethereum Whale Moves $46 Million in ETH Across Binance, Bitfinex and Aave: Details By U.Today - Investing.com [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binance confirms early-stage talks over Gopax stake | Tap here | Inshorts - Inshorts [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binance.US booted from 2 US states, judge rejects Changpeng Zhao's latest bid for release - CoinGeek [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binance Coin Price Prediction: BNB nurtures a V-shaped recovery with 10% gains in sight - FXStreet [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- These American States Have Asked Binance.US to Cease Services: WSJ - CryptoPotato [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binance.US Still Suspended in Florida and Alaska Following CZs Guilty Plea - Coinpedia Fintech News [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binance Pours Cold Water on NFT Game That Pulled In $115 Million for Its Mint - Decrypt [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Ethereum's Vitalik Buterin Makes Surprising Visit to Binance, SHIB Rep Shares Shibarium's Plans to Onboard Thousands of Projects: Crypto News Digest... [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binance Moves More Than 120 Million XRP Amid The Token's Price Drop - The Tech Report [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binance.US Suspended in 2 States as Regulatory Heat Rises - DailyCoin [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Pendle Token Hits All-Time High As Developers Deposit Millions To Binance - NullTX [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binance Plans Stake Reduction in South Korean Exchange GOPAX - Crypto Times [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Jupiter Exchange: Binance To List Solana-Based Jupiter As Trading Volume Hits $630 Mln - CoinGape [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binance seemingly forced to cut stake in South Korean exchange GOPAX - FinanceFeeds [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binance Touts Swiss Banks to Expand & Enhance Custody Security - BeInCrypto [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binance.US gets the cold shoulder in Alaska and Florida - Cointelegraph [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binance Prepares for Stake Reduction in Gopax; Heres Why - Coinpedia Fintech News [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binance Listing Sentiment Sends This Solana Token up 158% - U.Today [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Crypto Experts Expect Higher Prices for Ripple (XRP): Binance Coin (BNB) and NuggetRush (NUGX) Set for Major ... - BSC NEWS [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Comparison of Binance.com and TapaCoin.com: When a Leader Meets a Competitor - Cryptonews [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Two Important Binance Announcements Affecting Many Traders - CryptoPotato [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binance allows customers to custody trading collateral off exchange as market share recovers - CryptoSlate [Last Updated On: February 1st, 2024] [Originally Added On: February 1st, 2024]
- Binance to Remove Six Crypto Pairs from Platform - Analytics Insight [Last Updated On: February 21st, 2024] [Originally Added On: February 21st, 2024]
- Binance Coin Price Prediction as BNB Reaches Highest Level Since November 2022 Time to Buy? - Cryptonews [Last Updated On: February 21st, 2024] [Originally Added On: February 21st, 2024]
- Binance and Coinbase Killer Pullix (PLX) Could See Over 1000x in 2024 With Investors Hot for Revenue Sharing - CoinGape [Last Updated On: February 21st, 2024] [Originally Added On: February 21st, 2024]
- Binance to cease support for multiple leveraged tokens - Invezz [Last Updated On: February 21st, 2024] [Originally Added On: February 21st, 2024]
- Lawsuit of Coinbase and Binance: How did it affect the market? [Video] - FXStreet [Last Updated On: February 21st, 2024] [Originally Added On: February 21st, 2024]
- Solana (SOL) Overtakes Binance Coin: What's Next? - CCN.com [Last Updated On: February 21st, 2024] [Originally Added On: February 21st, 2024]
- Pushd (PUSHD) looks like hot stock as Ethereum (ETH) Binance Coin (BNB) holders add presale to wallets for big gains - CryptoDaily [Last Updated On: February 21st, 2024] [Originally Added On: February 21st, 2024]
- Binance Coin Continues To Rise But Hits A Barrier At $365 - CoinIdol [Last Updated On: February 21st, 2024] [Originally Added On: February 21st, 2024]
- Binance Case Nearing Resolution? US Prosecutors Push for Plea Deal in New Move - U.Today [Last Updated On: February 21st, 2024] [Originally Added On: February 21st, 2024]
- SUI's (SUI) TVL Surges; Binance (BNB) Moves Bulk XRP Tokens; Algotech (ALGT) Is The Best Coin To Invest In 2024 - Finbold - Finance in Bold [Last Updated On: February 21st, 2024] [Originally Added On: February 21st, 2024]
- Binance to list Starknet (STRK), support airdrop distribution - Invezz [Last Updated On: February 21st, 2024] [Originally Added On: February 21st, 2024]
- Binance to Discontinue Leveraged Token Trading and Subscription Services - Cryptonews [Last Updated On: February 21st, 2024] [Originally Added On: February 21st, 2024]
- An Introduction to BNB Smart Chain (BSC) - Binance Academy [Last Updated On: February 21st, 2024] [Originally Added On: February 21st, 2024]