#加密ETF申请热潮涌现 Besides XRP, the following cryptocurrencies also have the potential to obtain ETF approval:
• Solana (SOL): Since the launch of its public blockchain, it has led the development of blockchain applications, with significant wealth creation effects expected in 2024 and a continuously growing ecosystem. Several institutions have submitted SOL ETF applications, but previously the CBOE removed related applications, and when the SEC sued Binance and Coinbase in 2023, SOL was listed as an unregistered security, which posed obstacles to approval. However, the new regulatory environment and changes in SEC leadership may facilitate its approval; Bloomberg analysts expect a high probability of SOL being approved in 2025.
• Litecoin (LTC): It is a fork of Bitcoin and is more likely to be viewed as a commodity by the SEC. Its technology and applications are relatively mature, and it enjoys high market acceptance, making the path to ETF approval relatively smoother. It is considered one of the cryptocurrencies with a higher likelihood of ETF approval, aside from Bitcoin and Ethereum.
• Hedera (HBAR): Its advantage lies in not being classified as a security by the U.S. Securities and Exchange Commission, avoiding related legal disputes, and thus being in a favorable position for potential ETF issuance. As the legal environment for cryptocurrencies develops, HBAR's ETF products may become one of the options for investors' diversified portfolios.
• Dogecoin (DOGE): Although it is a meme coin, it has a huge market capitalization and its community influence is continuously expanding, making it increasingly popular. The likelihood of applying for a Dogecoin spot ETF is gradually increasing, with Bloomberg ETF analyst Eric Balchunas even mentioning December 31 as a possible application date.
• Cardano (ADA): ADA also possesses certain technical strengths and application scenarios, with its development in areas such as smart contracts being closely watched. Reports indicate that at least one issuer has attempted an ADA ETF application, indicating its potential for ETF approval.
From the perspective of capital inflow, Ethereum is still stronger than Bitcoin. Ethereum has also successfully broken through the 618 level, and the next targets are 382-3421 and 278-3456.
Currently, it feels like altcoins are eager to move, but the risk of a pullback is still present. There hasn’t been a second test, which makes people feel uneasy. Right now, it is consolidating, creating a false sense of security that it won’t drop. When retail investors enter the market, the selling pressure starts. Before the price correction in January, there will likely be another wave downward; it won’t easily push you up.
In the future, I will live stream and layout several altcoins for everyone, taking a medium to long-term position, so that everyone can achieve a result in this bull market.
The 'One Fish, Three Eats' Strategy for New Bitcoin Traders
In the field of Bitcoin trading, which is full of opportunities and challenges, newcomers often feel confused and helpless, unsure of how to embark on the path of wealth growth. However, with clever planning, newcomers can also try to achieve 'one fish, three eats', exploring the potential of Bitcoin trading from multiple dimensions.
1. Spot Trading: Building a Solid Foundation, Timing Accurately
Spot trading is the cornerstone of Bitcoin trading, and for newcomers, it is crucial to solidly grasp the foundational knowledge. First, one must deeply understand the underlying technology of Bitcoin—blockchain, know the operation principles of its decentralized, distributed ledger, and realize that the total supply of Bitcoin is fixed at 21 million coins. This scarcity is one of the key factors influencing price fluctuations. At the same time, closely monitor macroeconomic dynamics, changes in policies and regulations, and innovations in industry technology, as these will leave profound marks on Bitcoin price trends. For instance, when global central banks implement loose monetary policies and market liquidity is abundant, some funds may flow into the Bitcoin market, driving prices up; conversely, stricter regulations often trigger sell-offs, leading to price declines.
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Generally, I usually sell if it doesn't rise in 5 minutes. No matter what sins you committed in your past life, this round of bull market has cleared the debts for buying APT and FIL.
BAN has changed hands, with a cost above 0.05, currently opened a long position at 0.064 to see how the new main force operates.
APT and FIL continue to stand firm. Don't cut losses anymore; there are currently signs of a bottom forming. Just hold on, and if you can't hold, throw your money into wealth management for a fixed deposit.
Moew has multiplied tenfold in a few days, and its market value is still very low; you can continue to buy at 0.003.
Brothers, the market is being dragged down by Ethereum, so the varieties here that are glowing green are your best choices for bottom-fishing and entering the market.
😘 Yesterday I said that if $BNB reaches 720 USD, a red envelope rain will be issued in the group. I didn’t expect it to arrive so soon. Come on, start giving out coins:
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It is worth mentioning that $BIO Launchpool will end in 5 days. How high do you think BNB can reach? #Launchpool #BIO #bnb
Afternoon Tea 🍵 Wealth Code 🌹🌹🌹🌹 1. ORDI multi-cycle resonance downtrend, 4-hour dragon diving pattern, sell on highs 🈳; 2. Small cycle 15-minute current price range 26.130~26.317 🈳 enter the market; 3. Please fasten your seatbelt and set your stop-loss ⚠️⚠️⚠️⚠️
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$LPT When I focus on a coin, the structure is confirmed, and I just keep going LPT said it can reverse, and I keep updating the new position Anyway, I'm all in Which will be the next perfect structure reversal point?
Large technology stocks fell, dragging down the US stock market on Friday, but major indices rose for the week and are expected to achieve strong annual gains. Due to low trading volumes during the holiday season, the market has struggled to find a foothold. Some of the hardest-hit stocks are the so-called 'Seven Giants' of the technology sector that have led the market this year.
Currently, the valuations of major US technology companies are at their highest level since the 2000 internet bubble. The expected price-to-sales ratio of the eight super-cap companies, including Amazon, Apple, Meta, Microsoft, Netflix, NVIDIA, and Tesla, has reached 7.8 times, surpassing levels before the bear market in 2022.
The Bank of Japan released a summary of its December meeting's views, indicating that the possibility of an interest rate hike next month still exists. Friday's overnight swap trends show a 42% probability of a rate hike in January and a 72% probability before the end of March.
Bitcoin is becoming a mainstream investment in 2024, thanks to the explosive issuance of the first cryptocurrency ETFs in the US and Trump's unexpected endorsement of digital assets. To capitalize on this momentum, asset management firms are competing to include smaller, higher-risk tokens in their ETFs.
The Russian government has traditionally opposed Bitcoin, banning its use for domestic payments, but it has recently found that virtual currencies may have benefits in evading US and Western sanctions.
In the past couple of days, Nasdaq traders and operators have been resting. The US has seen a slight pullback, with negative news continuing to emerge. At this moment, with Trump in office, the constant stream of bad news seems to be aimed at tricking retail investors into cutting losses and leaving the market. If you fall for it, then congratulations, you are about to miss out on the gradual warming of the cryptocurrency market in mid to late January and the subsequent one-sided upward trend in February to March. Currently, the Nasdaq's decline or sideways movement is also a way to build momentum for a surge during the early days of Trump's presidency. After taking office, he will release some positive news for technology and the economy, which will directly drive a breakthrough above 20,000 points, showing that his leadership is wise and that the American people's choice is correct, right? At this time, it's a strategy of buying more as prices drop and aggressively buying during a crash. The bull market has not ended, and there should be a new narrative when Trump takes office. The future rise of BTC will exceed the understanding of retail investors. Do you believe it? $BTC #美国加密立法或将重启