Cantor Fitzgerald Thinks The SEC Will Swipe Right

Cantor Fitzgerald analysts say they’re “increasingly confident,” the SEC will finally give the green light to a spot $BTC ETF. 🎉

The primary reason, according to the firms analysts Josh Siegler and Will Carlson, is the “comprehensive surveillance-sharing agreement” from new applicants could be the magic wand to make regulators’ fears disappear.

The analysts are calling it the “most-important short-term catalyst.” 

Blackrock ($BRK), the Wall Street heavyweight, threw its hat in the ring back in June and has teamed up with $COIN to play referee on market shenanigans.

Bitcoin’s price is already acting like it got the invite to the VIP party, inching towards a cool $35,000. 🕺

BTCUSD Daily Chart – Click to enlarge.

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NFTs R Back?

Not much needs to be said here for this newsworthy event. 🤦‍♂️

Straight from the Gurg himself:

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Technically Speaking – March 5, 2024

Well, like I said, this isn’t a fun Litepaper. Instead of finding wen-Moon or wen-Lambo, we will be looking for wen-bottom. 💔

I’ll keep it short and sweet, quickly identifying where analysts and traders see strong support levels ahead.

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BlackRock’s Bitcoin ETF Surpasses Silver Trusts with $10 Billion in Assets

When the first gold ETF came out, it took a couple of years to reach $10 billion in AuM (assets under management). How long did it take Blackrock’s $IBIT? 2 months. 😱

Bitcoin spot ETFs have now eclipsed the largest silver trusts regarding assets under management (AuM), setting their sights on surpassing gold trusts next. According to recent data from HODL15Capital, BlackRock’s IBIT has achieved an impressive milestone, amassing an AuM of $10.03 billion, translating to a remarkable year-to-date (YTD) increase of 35.2%.

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