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Gate Square New & Returning Creator Rewards are ongoing!
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$ETH future price dependant on these 2 major events 👀
2 Massively Important events which can heavily decide about Ethereum's short term future - Clarity act and BNMR Shareholder vote 🚨
🔸Clarity Act coming in tomorrow in the Senate. What does it mean for crypto?
Tomm (15th) the Senate Banking Committee holds a decision on the Digital Asset Market CLARITY ACT.
If it advances, it would classify ETH as a commodity, hand oversight to the CFTC instead of the SEC, reduce regulatory uncertainty, and open the door wider for institutions to buy ETH and tokenization/RWAs on Ethereum...
🔸Tom Lee is pushing shareholders to approve Proposal 2: Increase authorized shares massively (from 500 million to 50 billion). Why? BMNR is close to maxing out its current share count. More authorized shares let them issue/sell new stock at premiums when the market loves the story → raise billions in cash → buy even more ETH on the open market or OTC.
TLDR:
> Senate markup tomorrow = potential huge ETH catalyst (regulatory green light, institutional flood) ⭐️
> BMNR shareholder vote (ends tonight, meeting tomorrow) = what directly enables Tom Lee's team to keep buying ETH in size ⭐️
These two events together will be deciding and calculated with the potential buy pressure generated from BNMR shareholder dillution can send $ETH up to $5000- $6000
What are your targets? 🎯