#STMX USDT LONG Entry: Current price Stop loss: 0.006 | cryptocurrencyRk on Binance Square

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#STMX USDT 
LONG 
Entry: Current price 
Stop loss:  0.00615  
Profit book targets are 
👇👇👇👇👇👇👇👇👇👇👇👇👇👇
0.00651
0.00666
0.00687
0.00705

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STMX

0.005901

-5.05%

501

0

Replies 0

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According to ETF analyst Eric Balchunas, Litecoin (LTC), often referred to as the "silver" to Bitcoin's "gold," may be the next cryptocurrency to receive a spot ETF approval in the U.S. Canary Capital Group, co-founded by Steven McClurg of Valkyrie Funds, has amended its S-1 filing for a Litecoin ETF, signaling possible progress with the SEC. While no official confirmation has been made, Litecoin’s similarity to Bitcoin as a fork and its established reputation improve its chances. Currently, Polymarkets bettors place a 54% probability of approval in 2025, with altcoins like Solana (SOL) and XRP facing lower odds due to regulatory hurdles. Litecoin already has ETPs in Europe, but a U.S. ETF approval would be a significant milestone for the altcoin market. The possibility of a Litecoin ETF approval is promising and could elevate LTC's status in the crypto market, driving further adoption. Given Litecoin’s technical similarities to Bitcoin and its established track record, it makes sense for it to be prioritized by regulators over other altcoins with more complex regulatory histories. If approved, a Litecoin ETF could bolster investor confidence in crypto ETFs beyond Bitcoin and Ethereum, potentially paving the way for broader acceptance of altcoin ETFs. However, the SEC’s decision-making process remains unpredictable, and investors should remain cautious.

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#BTC# Don't short now, go with the trend. No matter what happens on the 20th, there will be a super Favourable Information, the former chairman of SEC resigns, very likely to rally. Full force will be unleashed around the 26th, short the hottest and rise the most fiercely!

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Alhamdulillah, by the grace of Allah and the hard work of our team, we have achieved a wonderful success this week. We made a profit of $115,350 this week which is the result of our efforts, strategy and determination. This achievement is not only a major milestone for our team but also highlights the importance of our hard work and dedication.

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Accurate information and timing are crucial for successful investment in the cryptocurrency market. The best crypto signals provide investors with the information they need to take full advantage of the opportunities in the market. However, given the uncertain nature of the crypto market, it is important for investors to make prudent decisions and manage their risks.

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