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Less than 24 hours after Trump's memcoin, the first lady of the United States launched her own. And this will have big consequences for the crypto industry...
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Proposal to Include Bitcoin in Swiss Constitution In a related development that reflects Switzerland’s broader engagement with cryptocurrency, Swiss lawmaker Samuel Kuhlmann recently initiated a proposal to include Bitcoin in the Swiss constitution.
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Donald Trump launches his own memecoin. The USA is getting ready to buy altcoins for crypto reserve. The Bitcoin empire is gradually taking over America. Meanwhile, investors have questions about what to do with the profit, for example, from Ripple XRP, where Bitcoin is going, and whether the four-year cycle will break due to the fact that Trump declared cryptocurrency - the NATIONAL priority of the USA during his time in office.
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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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