🚀 Canary Capital is at it again! The asset manager has filed for a spot Litecoin (LTC) ETF with US regulators, aiming to track the CoinDesk Litecoin Price Index (LTX). This comes hot on the heels of their recent XRP ETF filing. 🪙
- **Litecoin**: Often dubbed Bitcoin's faster, cheaper cousin.
- **XRP**: Ripple's token, embroiled in a legal tussle with the SEC since 2020.
With the US presidential election looming, crypto policies are becoming a hot topic. VP Kamala Harris is warming up to crypto, unlike her boss, President Biden. Meanwhile, Trump wants to "fire" SEC head Gary Gensler. Stay tuned!
🛑 $BTC USD important update🤯The order block with $66,000 BTC has been braked. What will happen next?
✔✔ How are you guys? So, as mentioned, after the BTC 66,000$ brake that was brought in an update, let's talk about what the bull run will be like from here on out.
🔸When we take the 4 hour chart, we can see that the bearish order block brake that I marked above has been braked with a single bullish candle. So, in the previous consolidation, 59,888$ was a big liquidity hunt. After that, it continued to pump to BTC 66,000$. The level was braked. So from here we can buy a big pump. After this brake out, BTC has pumped to a maximum price of $67,905. So if we are looking at a pump from here, we will have to wait for BTC to return to this bearish order block bond. Anyway, our next target for BTC is 70,000$. There is a big tendency to go to this price in this month. So the people who are in long entries should hold. Including a big profit.😉
👉 There is a chart related to this update below. So comment your problems below. Good day everyone 🚀
#signals
🚀 Canary Capital is at it again! The asset manager has filed for a spot Litecoin (LTC) ETF with US regulators, aiming to track the CoinDesk Litecoin Price Index (LTX). This move follows their recent XRP ETF filing and adds to the growing list of proposed crypto ETFs ahead of the November elections.
Litecoin, often dubbed Bitcoin's faster, cheaper cousin, could soon be more accessible to investors if the SEC gives the green light. Canary's timing is impeccable, as crypto policies are becoming a hot topic in the upcoming elections.
What do you think? Will these ETFs shake up the market? Drop your thoughts below! 💬👇
**Crypto News Flash: Canary Capital Files for Litecoin and XRP ETFs**
Canary Capital has filed for a spot Litecoin (LTC) exchange-traded trust (ETF) with U.S. regulators, aiming to track the CoinDesk Litecoin Price Index (LTX). This move comes amid a surge in proposed ETFs for alternative cryptocurrencies as the U.S. presidential election approaches.
- **Litecoin ETF**: Canary's ETF will hold spot LTC, offering a faster, lower-cost alternative to Bitcoin for small payments.
- **XRP ETF**: On Oct. 9, Canary also filed for a spot XRP ETF, following a similar move by Bitwise. XRP, issued by Ripple, has been embroiled in a legal battle with the SEC since 2020.
**Political Impact**: Crypto policies are influencing voter decisions, with 75% of crypto owners considering candidates' stances. Vice President Kamala Harris is seen as more crypto-friendly than President Biden but less so than former President Trump.
Stay tuned as the SEC reviews these filings, potentially reshaping the crypto investment landscape.
WhiteBIT и майнинг пул upd
▶️ #news
✏️Ранее мы вам уже рассказывали, что WhiteBIT анонсировали запуск нового продукта - WhitePool. В чем его преимущество, методы вознаграждение и прочие детали - клик.
🤗Вчера WhiteBIT анонсировали, что благодаря совместным усилиям участников WhitePool был добыт 300-й блок BTC.
▫️Сколько это в $ или кол-ве $BTC посчитать мы с вами не можем, поскольку первые блоки начали добываться еще до халвинга, но это точно >1000 $BTC.
Интересные факты:
— 8.10 участниками WhitePool за сутки было добыто 6 блоков, что эквивалентно $1 206 637;
— с октября хешрейт пула превысил 7 EH/s*
*чем больше у пула хешрейта, тем больше вероятность, что он найдет следующий блок и получит вознаграждение.
🐻Общий хешрейт сети Bitcoin составляет 705.5 EH/s. Это означает, что вся сеть Bitcoin производит 705,5 квинтиллионов вычислений в секунду, что обеспечивает безопасность сети и увеличивает сложность добычи блоков.
❤️Также напоминаем, что до конца октября комиссия WhitePool за майнинг составляет 0%.
🗣Накидайте реакций, интересна ли вам тема майнинга?
😎DOUBLETOP — more than crypto
Ethereum Price Prediction: Mild rebound
Current Ethereum price: $2,600
After breaching over its 50-day EMA at $2,535, Ethereum consolidates, signaling a rise.
Monday saw $17 million influx into US spot Ethereum ETFs.
Ethereum open interest rose over 16%, signaling fresh purchasing.
After breaking resistance levels with a 6.5% surge on Monday, Ethereum (ETH) stabilizes around $2,600 on Tuesday. Inflows into Spot ETFs and a rise in open interest suggested a minor rebound and a continuation of the climb.
Best daily increase in two months for Ethereum
CoinGlass reported a $17 million Monday inflow for the US Ethereum spot ETF. ETF flow data may reveal institutional investors' Ethereum attitude. If influx continues, Ethereum demand will climb, raising its price.
Coinbase Premium, which measures the price disparity between Coinbase Pro (USD pair) and Binance (USDT pair), is a significant statistic for understanding large-wallet investor behavior since it indicates whale accumulation tendencies. This is crucial since Coinbase Pro is a major institutional bitcoin gateway.
Ethereum's Open Interest (OI) jumped 15.47% from $8.4 billion to $9.7 billion on Monday, outperforming its 6.5% price increase. It's the fastest daily rise in five months.
Increasing OI indicates fresh money entering the market and purchasing, fueling a bullish trend. When OI drops, the market is liquidating, investors are fleeing, and prices may fall.
If 50-day EMA holds, Ethereum price may rise.
Ethereum gained 6.5% to close above its 50-day Exponential Moving Average (EMA) at $2,535 on Monday after breaking daily resistance at $2,461. As of Tuesday, it trades marginally lower at $2,600.
ETH might climb to $2,820 if the 50-day EMA around $2,535 holds.
The daily MACD indicator supports Ethereum's climb with a bullish crossing. Monday saw the MACD line cross the signal line, signaling a buy. It displays growing green histogram bars above neutral line zero, signaling Ethereum's price may rise.
#ETH #Ethereum $ETH
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В России майнеры будут платить налог на прибыль на тех же условиях, что и представители других отраслей, но оплачиваться он будет в 2 этапа:
Первый этап: налог рассчитывается в момент, когда майнер получает криптовалюту на свой адрес-идентификатор, предоставляющий ему право распоряжаться активом. Это происходит, даже если криптовалюта не покидает майнинг-пул.
Второй этап: налог взимается при выводе криптовалюты с адреса или её продаже. Если стоимость криптовалюты возросла, налог начисляется на полученную прибыль. В случае убытка — он учитывается в расчете.
$BTC
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$BNB
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Bitcoin Dumps After Liquidity Grab—Key Levels to Watch for Next Move 🚨💥
#BTCUSDT experienced a massive pump, liquidating high-leverage shorts, grabbing liquidity, and soaring to $67,977. 📈 However, remember the strategy: I advised waiting for a 4H candle close above $66,300 before entering longs.
Though I closed early, the setup remains valid. ⚠️ No 4H close above $66,300 means longs are risky, and shorts still hold potential. 🚨 We could see a revisit to the $62,000-$63,000 zone, so stay cautious and don’t rush into trades just yet.
Key takeaway: Without a confirmed 4H close above $66,300, hold off on longs. Keep those shorts in play for now! 📉
#cryptouniverseofficial #USStockEarningsSeason #GrayscaleConsiders35Cryptos #MemeCoinTrending $BTC
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Technical Analysis Report – Crypto Market Losers.. $SAGA , $SUN , $SUI , #CATI , #FTT ... Big Losers ..
The crypto market witnessed notable corrections across several trending tokens, with SAGA leading the decline. SAGA has plunged by 10.27%, currently trading at $2.96. This sharp pullback indicates heavy profit-taking or liquidation pressure, potentially triggering further downside unless it finds immediate support near key psychological levels. Traders should monitor any bounce-back to gauge the strength of buyers stepping in.
Other hot tokens, such as CATI and FTT, dropped by 8.58% and 8.48%, respectively, suggesting a broader sentiment shift in the market. CATI is now at $0.4388, and FTT is at $1.82, with both tokens facing significant selling pressure. On the flip side, VIDT fell by 8.38%, showing heightened volatility around the $0.03016 mark, while SUN is down 7.71%, currently trading at $0.01927.
Meanwhile, SUI, despite maintaining a higher price at $2.09, has also experienced a 7.06% decline. The simultaneous dip across these assets suggests a temporary bearish trend in the broader crypto market, with investors potentially shifting liquidity or reducing exposure. This pullback offers an opportunity for strategic traders to scout for reversal signs, especially if these tokens approach oversold territory on key technical indicators such as RSI.
#Market_Update #10MTradersLeague #TrumpDeFi
**Crypto News Flash: Stablecoin Market Nears All-Time High! 🚀**
- The stablecoin market cap is almost back to its all-time high, signaling a lot of sidelined capital ready to be deployed.
- Analyst Alice Liu from CoinMarketCap compares this to Berkshire Hathaway’s cash reserves, suggesting a potential surge in crypto prices.
- Stablecoins, designed to stay at par with the U.S. dollar, are down just 8% from their $187 billion peak in 2022.
- They account for about 50% of all value settled on public blockchains, with Bitcoin only at 25%.
- Liu notes that stablecoins on exchanges have grown by 20% this year, a potential indicator of a coming bull market.
What do you think? Will stablecoins spark the next crypto rally? Share your thoughts in the comments!