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### SEC Postpones Decision on Ark Invest’s Bitcoin ETF Proposal

The U.S. Securities and Exchange Commission (SEC) has decided to delay its decision on Ark Invest’s proposal for a Bitcoin ETF. This delay adds to the ongoing challenge faced by cryptocurrency assets in gaining inclusion on mainstream U.S. financial platforms. The SEC recently announced that it will solicit public opinion regarding an amendment in the Ark 21Shares Bitcoin ETF application, potentially pushing the decision-making process into 2024. The original application deadline was set for August 13. The continuous delays and deliberations surrounding crypto-related financial instruments have made it difficult for these assets to gain regulatory approval.

### How AI legalese decoder Can Help

In this complex regulatory environment, AI legalese decoder can provide valuable assistance to cryptocurrency investors and market participants. The AI legalese decoder uses advanced natural language processing and machine learning algorithms to analyze and interpret legal and regulatory documents. It can help investors navigate the complex rules and regulations surrounding cryptocurrency assets, including ETF proposals.

By utilizing the AI legalese decoder, investors can stay up-to-date with the latest developments in the regulatory landscape and make more informed investment decisions. The decoder can help investors understand the implications of SEC decisions and delays, providing them with insights into the potential impact on the market.

### Best Cryptos to Buy Now Amid Regulatory Uncertainty

Given the ongoing delays and uncertainty surrounding Ark Invest’s Bitcoin ETF application, investors may be wondering which cryptocurrencies are the best to buy now. While there is no definitive answer, there are several cryptocurrencies that appear to be well-positioned based on their fundamentals and technical analysis.

Some of the best cryptos to buy now include Fantom (FTM), Shibie, Rocket Pool (RPL), Chimpanzee, and Sui. These cryptocurrencies have shown robust fundamentals and/or favorable technical indicators. However, it is important for investors to conduct their own research and seek professional advice before making any investment decisions.

### Fantom (FTM): Promising Signs of Bullishness

Fantom (FTM) is currently in a pivotal stage, showing promising signs of bullishness. After several attempts to breach the Fib 0.786 level at $0.2382, Fantom experienced a breakout, posting a 1.27% upside move. It is currently trading at $0.2415, marking an 0.84% increase so far today as it seeks to gain firm footing above the Fib 0.786 level.

The technical indicators for Fantom suggest a tentative bullish sentiment in the immediate term. Traders may consider leveraging this sentiment by eyeing the resistance levels and monitoring for continued support at established regions. However, caution should be exercised due to the broader bearish bias in the moving averages, which may still have a lingering effect on the asset’s price.

### Shibie Coin: A Fusion of Shiba Inu and Barbie

Shibie Coin is rapidly approaching the final phase of its presale, with a goal of raising $500,000. The unique fusion of Shiba Inu and Barbie has caught the attention of industry experts, who are closely monitoring the presale as it enters its final 72 hours.

The Shibie Coin team has strategically capitalized on the immense popularity of the Barbie movie, which achieved $1 billion in ticket sales, to propel their venture forward. The coin aims to list on both decentralized (Uniswap) and centralized exchanges (CEX), reflecting a strategic vision for inclusivity.

One standout feature of Shibie Coin is the development of an AI-powered Shibie bot for the Telegram messaging app, providing an interactive user experience. The confluence of the new Barbie film’s popularity and the viral rise of Shiba Inu-themed meme coins has captured significant attention.

### Rocket Pool (RPL) Faces Price Correction Despite Coinbase Ventures Investment

Coinbase Ventures, the investment arm of Coinbase, has made a strategic investment in Rocket Pool, an Ethereum liquid staking protocol. While the news initially led to a positive price reaction for Rocket Pool’s native token (RPL), the token has since experienced a downturn in its price trajectory.

Currently trading at $27.28, RPL has faced downward pressure and remains below the 20-day, 50-day, and 100-day EMAs. This indicates a longer-term bearish trend and suggests that bears are in control of the market. However, the RSI indicator suggests that the asset may be oversold, hinting at a possible bullish reversal.

Investors should exercise caution and consider the broader market dynamics when evaluating Rocket Pool as an investment opportunity. The AI legalese decoder can help investors stay informed about the latest developments regarding Rocket Pool and other cryptocurrency assets.

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