On Friday (June 28), Bitcoin hit a short-term high of $62,212, and then slipped slightly, and the dollar index regained its foothold at 106. In the first televised debate of the U.S. presidential election, the market believed that Republican presidential candidate Donald Trump had the upper hand. According to Polymarket data, Trump's win rate quickly exceeded 68%.
Bitcoin, the U.S. dollar traded higher in Asian trading, with the market believing former U.S. President Donald Trump to lead in the first U.S. presidential election debate. Incumbent President Joe Biden stumbled in the early stages of the debate, a performance that could heighten concerns about his ability to defeat Trump in the November election.
(Source: Youtube)
CBA strategist Carol Kong said: "Judging by the current reaction, the market believes that Trump is 'winning' this debate, but it is too early to tell. ”
Biden and Trump have been at loggerheads on a number of important economic issues, and when it comes to the inflation that has plagued the United States, Trump said that under his leadership, the United States has the greatest economy, but Biden slammed Trump for rewarding only the rich.
During this period, they discussed their views on a number of events under the economic agenda of the United States.
Notably, the duo didn't mention anything crypto-related in the first debate.
Despite this, Bitcoin ushered in a short-term rally against the backdrop of the market's general bullishness about Trump.
In the Polymarketcat market, bets on Trump's election in November have a 68% win rate, a record high, and the lead is significantly better than Biden's.
(来源:Polymarket)
There are two signals on Wall Street: Solana ETF is applying for listing, and Ether spot ETF is expected to land next week
According to some industry executives and industry insiders, the SEC could approve the Ether spot ETF as early as July 4, and negotiations between asset managers and regulators are in the final stages.
Eight asset managers, including BlackRock, Franklin Templeton, Grayscale Investments and VanEck, are seeking SEC approval for Ether spot ETFs. Most of them have launched Bitcoin spot ETFs in January of this year, the culmination of a decade-long battle with regulators.
Executives at two asset managers said the process of revising the offering documents had progressed to the point where only "minor" issues were resolved. These documents must be approved prior to the launch of the ETF.
Lawyers working with one of the issuing companies said that only "finishing touches" were now left and that approval could not take more than one to two weeks.
With the positive news of the Ether spot ETF, whether altcoins have entered the field of vision of Wall Street has also ushered in concrete progress. On Thursday, VanEck filed Solana ETF (VANECK SOLANA TRUST) application documents with the U.S. Securities and Exchange Commission. It is understood that VanEck Solana TRUST will be an ETF that will issue equity ordinary shares and is expected to be listed and traded on the CBOE BZX exchange, subject to issuance notice.
It is also worth noting that the application documents state that neither the trust, the promoters, the SOL token custodians, nor any other person associated with the trust will take any action, directly or indirectly, to stake any SOL of the trust to earn rewards or to conduct other actions that generate income, and will currently only subscribe and redeem in cash. In other words, the ETF will not support staking at this time.
Matthew Sigel, head of digital asset research at VanEck, tweeted: "I'm excited to announce that VanEck has just applied for its first Solana ETF in the U.S., and here's what we think of SOL as a commodity. ”
Bitcoin Technical Analysis
CMTrade said that the Bitcoin RSI is below 50 and the MACD is positive and below its signal line, and the MACD must break above its zero line to expect a further decline. #VIP会员尊享#
Moreover, the price is trading above its 20-period moving average at $61,553 and its 50-period moving average at $61,164.
"Our pivot is $62,290 and our preference target is $59,630."
"The alternative is an upside break above $62,290, which would point to $63,250 and $63,830."
(Source: CMTrade)