Grayscale Files Amended Registration for NEAR ETF
- Amended Registration Filed: Grayscale submitted an amended registration statement for its NEAR ETF on June 12, updating SEC Registration No. 333-292834, indicating the company's ongoing efforts to seek regulatory approval, which may influence investor confidence.
- Custody Structure Changes: The amendment designates BitGo Bank & Trust N.A. as the primary custodian while Coinbase remains an additional custodian, aiming to enhance the fund's security and compliance, potentially increasing investor trust in the ETF.
- NEAR Ecosystem Data Updated: The amendment reports a circulating supply of 1.3 billion NEAR tokens and a market cap of approximately $1.5 billion, despite a drop in market ranking from 39th to 43rd, reflecting increased competition that may affect investor decisions.
- Enhanced Legal Compliance: The amendment adds legal and administrative disclosures, appointing attorney Dylan H. Lojac from Davis Polk & Wardwell LLP as legal counsel, demonstrating Grayscale's commitment to compliance, which may aid in passing regulatory reviews.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0177 | 0.0194 | 0.0207 | 0.0224 | 0.0237 | 0.0254 | 0.0267 |
| Fibonacci | 0.0194 | 0.0206 | 0.0213 | 0.0224 | 0.0236 | 0.0243 | 0.0254 |
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