Crypto highlights this week: Shiba Memu presale, SEC deadline for Bitcoin ETF amendments

• Shiba Memu on the cusp of market debut as SEC units deadline for ETF amendments.
• The SHMU presale ends on December 30, 2023, with debut on crypto exchanges to observe.
• The SEC has requested spot Bitcoin ETF candidates to submit ultimate modifications by December 29, 2023.

The crypto market is eyeing what might be a 2024 bonanza, with bullish sentiment across the SEC’s potential approval for a spot Bitcoin ETF the main catalyst. Alongside a couple of attractively poised altcoins is Shiba Memu, a presale token that’s on the cusp of its market debut.

Right here’s a spotlight of the newest crypto information prone to be key this week. Additionally assess Shiba Memu presale, now down to simply three days.

SEC units Dec. 29 deadline for spot Bitcoin ETF amendments

The anticipation for a primary spot Bitcoin exchange-traded fund (ETF) for the US market is ready to rise additional this week. That is after it emerged that the Securities and Change Fee (SEC) has requested all candidates searching for to checklist the ETF to file amendments to their filings by December 29, 2023.

SEC’s reported deadline for candidates comes after the regulator held a number of conferences with numerous companies seeking to supply spot Bitcoin ETFs final week.

No less than two corporations have been reportedly requested to submit ultimate modifications to their appplications by the said date. Contributors over the past assembly with the SEC have been informed that any applicant that fails to file ultimate amendements by this Friday shouldn’t anticipate to be among the many “first wave” of potential approvals.

Confirming the date for ultimate amendments to all S-1s by Friday the twenty ninth. The @SECGov has informed issuers that purposes which can be absolutely completed and filed by Friday shall be thought of within the first wave. Anybody who is just not is not going to be thought of. As well as, the filings can’t… https://t.co/syyINu1BEI

— Eleanor Terrett (@EleanorTerrett) December 24, 2023

Whereas the crypto market buzz has cooled amid the vacation buying and selling lull and as Mt.Gox reportedly begins to repay a few of its collectors, the general outlook is that Bitcoin is poised for a protracted dose of upside stress.

The altcoin market is equally poised, and buyers out to unlock the following bull cycle gem are betting massive on low cap cut price tokens.

Shiba Memu: On the cusp of presale success

Meme tokens have exploded onto the scene in current months, with resurgences for Dogecoin and Shiba Inu paled by the explosive surge for Solana-based Bonk (BONK). However with the market within the temper for an extended bull rally catalysed by Bitcoin ETFs and halving, buyers eager on tapping into the potential of Shiba Memu are flocking to its presale.

The mission, which outlines a brand new synthetic intelligence powered meme coin with real-world utility, is now simply three days to the presale shut. As of December 27, 2023, buyers have allotted over $4.8 million into SHMU to help the mission’s improvement.

After the presale, Shiba Memu is predicted to make its market debut on high crypto exchanges, probably getting into the market in the course of the forecast upward trajectory in Q1, 2024. The distinctive AI-powered advertising dashboard, staking program and integration with decentralised purposes (dApps) can also be outlined on the roadmap.

SHMU is presently priced at $0.05028 and might be one of many high meme cash to purchase given its potential to redefine how meme-inspired crypto initiatives achieve long run traction. Reasonably than depend on hype, Shiba Memu shall be a self-sufficient advertising machine, able to difficult the highest tokens comparable to Dogecoin and Shiba Inu.

To take a look at Shiba Memu’s options and tokenomics, learn their whitepaper. You can even be a part of the presale.