Hard prediction from MMCRYPTO | CryptoMaksymus on Binance Square

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Hard prediction from MMCRYPTO

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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Litecoin Positioned to Become Third US Spot Crypto ETF: Report US Securities and Exchange Commission (SEC) might consider approving spot Litecoin ETFs under the regulator’s new leadership. According to Eric Balchunas and James Seyffart, two ETF analysts at Bloomberg Intelligence, the regulator might be engaging with Litecoin (LTE) exchange-traded fund (ETF) filing. “Canary Funds just filed an amended S-1 for their Litecoin ETF filing,” Seyffart wrote on X. “No guarantees — but this might be indicative of SEC engagement on the filing.” This week, Nasdaq and crypto investment firm Canary Capital Group submitted new filings with the SEC. This means that the regulator is forced to approve or reject the crypto products this year. “Litecoin ETF now has all the boxes checked,” Balchunas noted. He added that there are chances that the first altcoin ETF of 2025 “is about to be on the clock.” If approved, the move signals a potential expansion of the crypto ETF landscape beyond Bitcoin and Ethereum. Further, S-1 registration statement noted that the proposed ETF would hold actual Litecoin rather than futures contracts. Coinbase Custody Trust Company and BitGo Trust Company would serve as custodians, it added.

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Wyoming and Massachusetts Propose Strategic Bitcoin Reserve Legislation Wyoming Representative Jacob Wasserburger introduced HB0201, the “State Funds-Investment in Bitcoin Act,” on Friday, proposing the creation of a strategic Bitcoin reserve. Wyoming Senator Cynthia Lummis, one of the first to highlight the proposal, emphasized its potential benefits to the state’s financial strategy. “This forward-thinking approach will benefit our state as we lead the nation in financial innovation,” Lummis remarked.

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Trump threatened "hell" if the war between Israel and Hamas does not end by January 20. Bitcoin reacted by growing almost to 101 thousand dollars, XRP broke through 3 dollars. However, on January 20, the market can shake up a lot. In general, 2025 may become the year for Bitcoin when: 1) a pro-cryptocurrency president is in power 2) strategic bitcoin reserves are implemented 3) the wars in Ukraine and Israel are over. Sounds quite optimistic)

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Donald Trump announced the creation of the US FOREIGN IRS, and this changes absolutely everything. Donald's plans are truly unprecedented and shocking.

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The consumer price index CPI in the USA for December 2024 was 2.9%, as expected.

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