Wednesday, 22 May 2024 – Learn-to-Earn token 99Bitcoins ($99BTC) has raised $1.5 million from contributors to its presale as interest in its pioneering protocol grows.
99Bitcoins is one of the most well-known and earliest of the Bitcoin education sites and is a respected resource for all those who wish to find out more about bitcoin and crypto more broadly.
There are just five days to go before the token presale price increases from $0.00106 to $0.00107, so there’s no time to lose to catch the lowest bid.
As Bitcoin hovers around the $70,000 mark a renewed push to all-time highs above $74,00,000 is on the cards, and that will keep 99Bitcoins’ presale firmly in the spotlight.
Bitcoin has entered the financial mainstream following the approval of Bitcoin exchange-traded funds (ETFs), which provide a regulated, cheap and easy entry point for investing in the preeminent digital asset.
Since then, the possibility that an Ethereum ETF could be next up for approval has led to a resurgence in crypto prices, with Bitcoin and Ethereum leading the way.
This is all good news for top crypto education and information sites like 99Bitcoins.
Bloomberg Intelligence analysts have changed the probability of an Ethereum ETF being approved from 10% to 75%, after the US Securities and Exchange Commission (SEC) asked providers to expedite submission of paperwork (19-b4s forms to be precise) that are seen as a precursor to an approval.
Tomorrow, 23 May, the first provider to have its Ethereum ETF up for consideration by the SEC is VanEck Ethereum ETF.
Although it is not certain that positive news will emerge tomorrow, all the signs are pointing to an approval, albeit the exact date may be several weeks away.
The SEC is thought to be likely to approve
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