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Hak-Kun Hyun Baek ⚑
27217093e83ec6289df7562811e01af5f7966870b88fad9169e7bf10c434fdda
Interested in economics, politics and cryptocurrencies. hakkunhyunbaek@walletofsatoshi.com β‚Ώmildlylingo92@phoenixwallet.me

πŸ“’ SEC deadlines for updated Bitcoin ETFs:

21Shares:

β–ͺ️ Next deadline: August 13, 2023

β–ͺ️ Final deadline: December 27, 2024

BlackRock:

β–ͺ️ Next deadline: September 2, 2023

β–ͺ️ Final deadline: March 15, 2024

Bitwise:

β–ͺ️ Next deadline: September 1, 2023

β–ͺ️ Final deadline: March 14, 2024

VanEck, WisdomTree, Invesco & Galaxy, Fidelity:

β–ͺ️ Next deadline: September 3, 2023

β–ͺ️ Final deadline: March 11, 2024

Valkyrie:

β–ͺ️ Next deadline: September 6, 2023

β–ͺ️ Final deadline: March 19, 2024

#BitcoinETF #SECDeadlines #CryptoNews

πŸ“’ Vitalik Buterin believes Ordinals and the BRC-20 token standard represent a refreshing departure from the "stagnant" politics of the Bitcoin ecosystem. Emphasizing action over symbolism, Buterin sees a pushback against the laser-eye movement. Implementing layer-2 solutions and improving Bitcoin's base layer efficiency are key, he suggests. πŸ’ͺ #Ordinals #BRC20 #Bitcoin #CryptoNews #Blockchain

I really appreciate your kindness to me! It's good to know that there are people who like my notes, thanks! πŸ‘ŠπŸ»

I'm so tired today! I couldn't select some good things to share with you πŸ˜•

Un cafΓ©, para iniciar horas de la maΓ±ana del dΓ­a, muy bien! πŸ‘ŠπŸ»πŸ‘ŠπŸ»

πŸš€ Fink's pro-BTC comments yesterday should not be underestimated. BlackRock openly gives its stamp of approval to BTC as a superior alternative to gold. This will have a significant impact on the psychology of the asset management world. 🌟 #Bitcoin #BlackRock #Crypto

πŸ—ž All applications for spot Bitcoin ETFs have been resubmitted.

πŸ”ΈLeading Asset Managers:

BlackRock: $9.5T AUM

Fidelity: $4.2T AUM

Invesco: $1.5T AUM

WisdomTree: $91.4B AUM

VanEck: $76B AUM

Ark Invest: $14B AUM

Valkyrie: $1.2B AUM

Bitwise Asset Management: $1.2B AUM

#BitcoinETF #CryptoNews #AssetManagers

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Good morning guys! rainy day around here β›ˆοΈ

Good night people!! I think today I can talk about some interesting things with you! May tomorrow be a blessed day! Be well, see you tomorrow! πŸ”₯🚨

Who liked my grades today, give it a go, hit the finger on ZAP! πŸ˜…βš‘

#zap #bitcoin #news #crypto

πŸ—ž Bitcoin Mining in Focus: πŸ‡¦πŸ‡ͺ United Arab Emirates emerges as the fastest-growing hub for bitcoin mining in the Middle East. With an estimated energy efficiency of 30 J/TH, UAE miners contribute approximately 13 EH/s, accounting for 3.7% of the global Bitcoin hashrate.

#BitcoinMining #UAE #MiddleEast #Cryptocurrency

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πŸ—ž Circle is exploring the possibility of launching a stablecoin in πŸ‡―πŸ‡΅ Japan following the implementation of new legislation governing stablecoins, according to CEO Jeremy Allaire. The revised Payment Services Act in Japan now recognizes stablecoins backed by legal tender as an official "electronic payment method" and permits their issuance. Circle sees this as a significant opportunity for expansion in the Japanese market.

#Circle #Stablecoin #Japan #CryptoNews #Fintech

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πŸ“ˆ Great news! Annual producer price inflation in the Eurozone contracted for the first time since December 2020, according to the EU statistical office. Factory gate prices in May fell 1.5% YoY, driven by energy price declines. Analysts expected a 1.3% drop. This decline suggests that price pressures on businesses and households may be easing.

#Eurozone #Inflation #EconomicNews #PositiveUpdate

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🚨 UN nuclear watchdog: No visible signs of mines or explosives at Zaporizhia nuclear plant, but requests greater access for confirmation. Ukrainian President Zelensky claimed Russia placed "explosive-like objects" on the rooftops. Russia took control in February 2022.

#Ukraine #Russia #NuclearSafety #Zaporizhia

πŸ“‰ Stocks Could Drop 25% from Current Levels If Fed Continues Rate Hikes, FS Warns

According to Troy Gayeski, a prominent investment strategist, the ongoing tightening of monetary policy by the US central bank could have a significant impact on the stock market. Gayeski suggests that if the Federal Reserve continues to raise interest rates, it could potentially lead to a 25% decline in stock prices from their current levels.

Furthermore, Gayeski expressed concerns about the potential for an economic downturn in the fourth quarter as a result of the Federal Reserve's monetary tightening measures. He emphasized the need for investors to closely monitor the central bank's decisions and their implications for market stability.

Investors are advised to exercise caution and adapt their investment strategies in response to changing market conditions and the potential impact of monetary policy decisions.

#StockMarket #FederalReserve #MonetaryPolicy #InvestmentStrategy

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πŸ“ˆ CME Raises Implied Probability of 25bp Rate Hike to 88.7% Following FOMC Meeting

According to CME Group's FedWatch tool, the implied probability of a 25 basis point interest rate hike has surged to 88.7% after the recent FOMC meeting. This indicates a growing expectation of a tightening monetary policy by the Federal Reserve.

Investors are closely monitoring the Fed's stance on interest rates, as any increase can have significant implications for various sectors of the economy. The higher probability of a rate hike suggests that market participants anticipate a more restrictive monetary environment in the near future.

#CMEGroup #FOMC #InterestRates #MonetaryPolicy

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πŸ‡ΊπŸ‡Έ Fed Minutes: Members advocating for a 25 basis point rate hike noted that the US economy had displayed stronger-than-anticipated performance (BDM).

Furthermore, there were limited indications of inflation reaching the desired 2% target.

The members will maintain a close watch on data to determine the appropriate level of policy restraint.

#FedMinutes #USFed #EconomicPerformance