- Jungle Tales
- Posts
- SEC's Verdict in Sight
SEC's Verdict in Sight
Bitcoin's Ascent Climbs as Spot ETF Approval Hovers on the Horizon
Greetings Crypto Explorers! ๐ด๐ฆ
As the drums of innovation beat louder, we stand at the precipice of a pivotal moment in the crypto-jungle. The air is thick with anticipation as the SEC's verdict on Spot Bitcoin ETFs edges closer, promising to potentially usher in a new era of mainstream adoption. Amidst the rustling of digital leaves, Bitcoin has already soared, teasing the thrill of what's to come. And while we navigate this terrain, let's not overlook the wild news that beckonsโbe it the echo of the East's capital cascading into crypto realms or the strategic moves of industry titans. Stay tuned, for this expedition is just beginning!
As alwaysโฆ Stay Wild! ๐ฟ๐ฆ๐.
๐ฆ The Big Jungle Roar
This week's monumental event that shook the crypto-jungle. Roar with us!
The jungle's buzzing with the chatter of Bitcoin beasts as the SEC's decision on Spot Bitcoin ETFs nears! Dates to circle on your ancient stone calendar: January 5th-10th. Our trusty jungle scout, James Seyffart from Bloomberg, has spotted the SEC's movements and predicts the green light might flash from January 8th-10th. ๐
Hold onto your bananas, because this could be a wild ride! The crypto vines have been whispering of over a dozen applications waiting in the wings. And guess what? Bitcoin's already swinging high, breaking through the $38.8K canopy for the first time since last year. If the SEC gives the nod, Standard Chartered's shamans foresee a mammoth 165% gain, launching Bitcoin to the mystical $100K peak by end of 2024. ๐๐
Stay tuned, fellow crypto explorers, as we await the roar of approval that could echo through the crypto jungle! ๐ฟ๐ฐ
๐ More on the ETF approval:
Bitcoin Price Hits 19-Month High, Eyes $40K As ETF Window Opens January 5
Grayscale Setting Up for Bitcoin ETF Race by Hiring Industry Veteran from Invesco
SEC meets with Grayscale, BlackRock about potential bitcoin ETFs
Bitcoin ETF race gets 13th entrant, BlackRock revises ETF model
Bitcoin Remains on Track for $100K by Year-End 2024: Standard Chartered
๐ฆ King of the Crypto Jungle
Unleashing the top beasts of this week's crypto news. Beware, it's a wild ride!
Crypto could benefit from an influx of Chinese money, Arthur Hayes says
Former British Chancellorโs crypto firm Copper launches tokenized securities platform
Hong Kong Chief Says Regulators May Get Powers to Crack Down on Unlicensed Crypto Exchanges: Report
Bankruptcy court says FTX debtors can start selling assets including Grayscale units
Soccer star Cristiano Ronaldo sued for allegedly promoting unregistered securities on Binance
Celsius starts to open crypto withdrawals for holders of some claims
๐ Meme Monkeys
Hopping onto the funniest and savviest crypto memes that swung through the jungle this week.
๐ฆ Jungle Mystery of the Week
Can you solve our crypto-themed riddle? The answer lies hidden deep within the jungle. Share your guesses on Twitter and tag us! (we may gift someone some crypto ๐)
In the dense expanse of the Crypto Rainforest, a tale circulates among the canopies of a hidden treasure, known only to the creatures of the digital wilderness. The fabled Chart Cheetah, swift and astute, dashes through the underbrush, its spots a constellation that charts the way to a legendary milestone. Only those who can interpret the Cheetah's patterned mapโa labyrinth of dips, peaks, and plateaus concealed within its furโwill unlock the enigma of the forest's most precious jewel. Will you be the one to trace the Chart Cheetah's elusive path and reveal the treasure it silently safeguards? Decode the cryptic tapestry woven by this agile guardian and emerge as the savviest crypto tracker in the jungle. Share your quest's end, but let not the coveted number slip your lips until the riddle is solved.
๐ฆฉ Tweets from the Jungle
Check out these wild crypto tweets that have made it to the jungle!
WITH ALL EYES ON THEIR #BITCOIN ADDRESS, THE MYSTERY WHALE IS NOW TROLLING ๐
After accumulating 875 #Bitcoin (~$33M) today alone, their latest transaction was an addition of...
0.00006969 #Bitcoin ($2.64) ๐
โ Bitcoin News (@BitcoinNewsCom)
8:23 PM โข Nov 29, 2023
Once you play around in the $SOL ecosystem, it feels super fast, slick, inviting and easy for the user.
The best comparison is SOL is Apple and ETH is Android.
Both win. Huge.
โ Raoul Pal (@RaoulGMI)
11:48 PM โข Nov 29, 2023
๐ Crypto Swamp Watch
Bitcoin (BTC) - $38,748.18 (2.85%)
Ethereum (ETH) - $2,090.04 (-0.06%)
Top Gainer: TerraClassicUSD (+297%)
Top Loser: Blur (-23.62%)
Snapshot taken on the 1st of December, around 12:46pm, Jungle time.
๐ Jungle Poll Parrot
Join our parrot's poll! This week's squawkโฆ
Will Bitcoin climb to $100K by the end of 2024? |
๐ฏ Jungle Snapshots
Our grand finale - Jungle madness, guaranteed wilder than any pump and dump. Enjoy, you crypto beasts!
Pineapple is life ๐
๐ That's all for this issue of Jungle Tales! As we part ways, let's remember the wise words of a crypto degen:
As we gather at the closing of this wild crypto safari, let's remember that in the dense thicket of market speculation, the rumble of a bullish stampede often begins as a distant whisper. May your instincts be as sharp as the eagle's gaze and your strategies as sturdy as the ancient baobab, for the winds of fortune are fickle and the signs of a bull run, though promising, require a keen eye to discern. Keep your maps close and your insights closer, navigate with foresight and let patience be your guide through the underbrush of uncertainty. The savannah sun rises anew, hinting at a golden horizon; stay ready, for the charge of the bull could be just over the next ridge. Embrace the wild heart of this crypto journey, for those who tread wisely are those who reap the bounty of the land.
Don't forget to share our newsletter with your fellow crypto adventurers, and follow us on Twitter X.
Until next time, keep exploring the wild world of crypto!
Pura Vida,
Jungle Degen
JUNGLE WARNING: Hear me, ye dauntless navigators of the crypto wilderness. This parchment holds no keys to monetary splendor. Consider it more of a cryptic map of the jungle, teeming with teachings, not a treasure chest marked with an 'X'. It neither mutters veiled secrets of investment, nor beckons you to swap your prized assets or enact any fiscal transactions. In this unpredictable crypto habitat, caution is your most trusted ally, and your own robust investigation, the steadfast compass. Equip yourselves with the shield of wisdom, as you traverse the intricate network of paths. Remember, swift success is often a false trail; it is through enduring patience, adroit maneuvering and careful strategy can you navigate this mysterious landscape. The jungle is vast and filled with enigmatic conundrums; let your own diligent research be the torch that dispels shadows. Don't be lured by the glimmering illusion of quick profits, but bend your will to the pursuit of genuine understanding. Keep your wits about you and eyes wide open on this crypto-quest. To cut a long story short, this is NOT financial advice. Safe travels, crypto explorers!hapcan xXxxx