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LITECOIN ETF MAIN STEP: CANARY CAPITAL’S REVISED S-1 FILING

#Binance
Canary Capital has filed a revised S-1 registration form with the U.S. Securities and Exchange Commission (SEC) to create a spot exchange-traded fund (ETF) for Litecoin (LTC). The move is seen as an indication of the SEC’s interest in the application.

According to the filing, the ETF will be managed by U.S. Bancorp Fund Services, while Coinbase Custody Trust and BitGo will hold custody of the fund’s Litecoin assets. Bloomberg Senior ETF Analyst Eric Balchunas said that following this development, the Litecoin ETF could be the next cryptocurrency ETF to be approved in the U.S.

However, the 19b-4 form, which is required for the ETF to start trading and must be filed by the exchange, has not yet been submitted. James Seyffart of Bloomberg Intelligence said that if the SEC approves the application, the timelines for potential rejection or approval will become clearer.
Litecoin was created in 2011 as a more efficient version of Bitcoin and is considered one of the oldest and most stable blockchains. The approval of this ETF could increase institutional interest in the cryptocurrency market and set a positive precedent for other altcoin ETFs to gain approval.

In conclusion, Canary Capital’s revised S-1 filing is a significant step for the Litecoin ETF. However, the filing of the 19b-4 application and SEC approval are critical to the ETF’s launch.

#escoin #elg #EscoinToken
- The information contained in this article is not investment advice and is intended for accurate and up-to-date informational purposes only. STAY TUNED FOR REAL, SCIENTIFIC ARTICLES, AWAY FROM SPECULATION❗️ Be sure to do your own research❗️



dr_bycupido

19 Jun・981 views

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🔥🔥🔥 BEWARE OF THE BEAR MARKET TRAP!!

#Bitcoin #elg #EscoinToken

➡️ Don't be discouraged if your cryptocurrency investments are falling. This is a common pattern, usually after each halving event. Before the halving, the market is always full of noise and expectations; but prices do not double immediately and often fall back down later. The decrease in supply due to the halving over the next six months will gradually affect the market and start a true bull cycle.

➡️ The market is expected to recover as of September. This recovery process may last 3 to 6 months, after which a major correction may occur again. While the future may not exactly repeat the past, there are currently no significant changes that would indicate a different outcome. However, predicting the future is always full of uncertainties.
#Polygon #SEC

🔥🔥🔥 MILLIONS OF DOLLARS BITCOIN THEFT: DMM BITCOIN WAS CYBER ATTACKED‼️

#Bitcoin

➡️ DMM Bitcoin, Japan's Tokyo-based cryptocurrency exchange, became the victim of a major cyber attack and as a result of this attack, $300 million worth of Bitcoin was stolen. The company ensures that its customers' Bitcoin assets are safe and will cover the stolen amount

#elg #escoin #Binance #BNB

🔥🔥🔥 URGENT VERY IMPORTANT WARNING‼️

🔥 NEVER DO THIS IN CAFES AND RESTAURANTS❗

#Bitcoin
“BE AWARE FOR YOUR SECURITY: HIDDEN SPYWARE ON CAFE CHARGERS!”

➡️ Although the chargers used in cafes and restaurants seem like innocent helpers, they can be used to steal your personal data and financial information with spyware hidden inside them.

➡️ Your bank accounts and cryptocurrency wallets may be vulnerable to such dangers.

🔥🔥🔥 For your safety, only use chargers you trust and take up-to-date safety measures to protect your devices

#Binance #elg #escoin $BTC $ETH

🔥🔥🔥 13 out of 25‼️ 🔥🔥🔥

#Bitcoin
➡️ According to River data, 13 of the 25 largest hedge funds in the USA invested in spot Bitcoin ETFs in the first quarter.

#Binance #elg #escoin #EscoinToken

🔥🔥🔥 Revolution in BTC Mining: JPMorgan Highlights New Energy Deals and Acquisitions‼️

#Bitcoin
➡️ JPMorgan analysts stated in their new report that there may be important developments that may change the balances in Bitcoin mining. The report stated that mining companies with attractive energy contracts could be acquired by hyperscalers and artificial intelligence companies. This trend led to an increase in mergers and acquisitions in the industry after the Bitcoin halving.

➡️ The recent agreements made by major mining companies such as Core Scientific (CORZ) and Riot Platforms (RIOT) attract attention. While CoreWeave signed a 200 MGW artificial intelligence deal with Core Scientific, Riot Platforms also made an aggressive bid to acquire Bitfarms (BITF). JPMorgan predicts that these developments will have a major impact on companies such as Iris Energy (IREN).

➡️ JPMorgan also stated that this new class of customers, Hyperscalers, could increase the value of subscale mining operators and make the Bitcoin network more efficient by shifting power capacity away from miners. Bitcoin miners listed in the US are estimated to have a total of 5 GW of power and have access to an additional 2.5 GW, making them attractive targets.

🔥🔥🔥 These developments in the Bitcoin mining industry may herald big changes in the industry in the future‼️
#Binance #elg #escoin
$BTC $ETH $BNB

🔥🔥🔥 THAILAND APPROVES THE FIRST CRYPTO EXCHANGE TRADE FUND‼️

#Bitcoin
➡️ The Thai Securities Commission has taken an important step in the cryptocurrency field and approved the first crypto exchange-traded fund (ETF). Under this new regulation, the One Bitcoin ETF Fund will be available only to institutional investors and high net worth individuals. This step reflects Thailand's confidence in cryptocurrency markets and its desire to protect investors.

🔥 In conclusion, this move by Thailand shows that the country is open to growth and innovation in the cryptocurrency market❗️

#Binance #escoin #elg $BTC $ETH

🔥🔥🔥 BITCOIN EXCEEDED 70,000 DOLLARS AFTER FED'S INTEREST CURRENT EXPECTATIONS‼️

#elg

➡️ Economic data released yesterday in the USA raised expectations that the Fed may cut interest rates this year. This saw record inflows into spot Bitcoin ETFs, with Bitcoin surging above $71,000.
#Binance
#EscoinToken #BinanceHerYerde #Bitcoin

🔥🔥🔥 DON'T WASTE YOUR MONEY-2🔥🔥🔥

$BTC

🔥 DO NOT INVEST IN CRYPTO CURRENCIES WITHOUT EVEN A VALID LICENSE!!!!

🔥 DID YOU KNOW THAT 90% OF THE CRYPTO CURRENCIES ON THE MARKET DO NOT EVEN HAVE A VALID LICENSE?

🔥🔥🔥 DON'T FORGET!!! AUTHORITIES REGULARLY AUDIT CRYPTO ASSET AND RENEW THEIR LICENSES EVERY YEAR!!! THEY PROTECT YOU AND YOUR EXISTENCE. IF THEY SEE A RISK THEY WILL CANCEL THE LICENSE!!!🔥🔥🔥

🔥 ASK YOURSELF THIS! “DOES THE CRYPTO ASSET I AM INVESTING IN HAVE A VALID LICENSE?

🔥 🔥🔥 WHAT? “CRYPTO ASSET? DO NOT INVEST IF YOU DO NOT KNOW THE DIFFERENCE BETWEEN MONEY AND ASSETS🔥🔥🔥

🔥 I'M SORRY, BUT EVEN WASTE HAS A RECYCLING (SCRAP) VALUE. WHAT IS THE VALUE OF THE CRYPTO CURRENCY YOU INVESTED?

🔥 Do your research well. ALL RESPONSIBILITY FOR YOUR EXISTENCE BELONGS TO YOU. DON'T FORGET!!!

🔥 THEN WHAT SHOULD WE CONSIDER WHEN INVESTING?
👇👇👇

#Binance #ETH #escoin #elg

🔥🔥🔥 2 BILLION DOLLARS ETF INVESTMENT‼️

#Bitcoin
➡️ According to first quarter reports, Millennium Management invested approximately $2 billion in ETFs.
➡️ The company, which manages assets worth 64 Billion Dollars, thus allocated 3% of its portfolio to ETF.

🔥 Recent investment increases in ETFs make significant contributions to the strengthening of the Crypto Asset Market.

#escoin #Binance #elg

🔥🔥🔥A GREAT LOBBY ACTIVITY FOR CRYPTO 👏👏👏

#Binance
Coinbase's Stand With Crypto initiative is making a big impact.

“The goal is to support candidates who protect the rights of our Stand With Crypto advocates throughout November.”

🔥🔥🔥 THANKS TO EVERYONE WHO THINKED, PLANNED AND IMPLEMENTED!!

🔥🔥🔥 WE INVITE ALL PLATFORMS TO EFFECTIVE STRUGGLE IN THIS WAY‼️

#btc #Polygon #escoin #elg

🔥🔥🔥 BLACKROCK'S TWO FUNDS PURCHASED FROM THE COMPANY'S BITCOIN SPOT ETF‼️

#Bitcoin
➡️ With yesterday's figures, the IBIT fund, which has become the world's largest Bitcoin ETF by surpassing Grayscale for the first time since January, is also purchased by other funds of BlackRock. BlackRock announced in its notification to the SEC that two of its ETFs have added the IBIT ETF to their funds.

➡️ It took just 96 trading days for BlackRock's Bitcoin spot ETF to become the largest Bitcoin fund in the world. The reason behind this success lies in the fact that large companies prefer BlackRock to receive Bitcoin funds. The company's Strategic Yield Opportunities Fund and Strategic Global Bond Fund purchased the IBIT ETF for $3.6 million and $486 thousand, respectively.

➡️ It was reported that more than 400 companies purchased from the IBIT fund in the first quarter of 2024. Bloomberg ETF expert Eric Balchunas described this situation as a "mind eclipse".

🔥🔥🔥 BlackRock's Bitcoin spot ETF has rapidly become a leader worldwide, and the strategic investments of large companies play an important role in this success!!

#Binance #elg #escoin #Polygon $BTC $ETH $SOL

🔥🔥🔥 CRYPTO REVOLUTION IS POSSIBLE AT THE END OF THE YEAR CONGRESS SESSION‼️

#Bitcoin
➡️ U.S. Representative Tom Emmer (R-Minn.) stated that major cryptocurrency legislation is likely to pass in the closing stages of the congressional session at the end of the year. Emmer emphasized that despite Democrats' support for crypto measures, the Senate still needs to do important work.

➡️ Emmer said crypto legislation faces serious hurdles in the Senate, and he expects the House-approved Financial Innovation and Technology for the 21st Century Act (FIT21) to become law through rapid negotiations during the “lame duck” session. He stated that FIT21, which found support in the Parliament, is currently waiting to be evaluated in the Senate.

➡️ FIT21 received the support of 71 Democrats despite opposition from former House Speaker Nancy Pelosi. Emmer noted that there is “a ton of goodwill under the surface” for crypto issues and that he has lost the support of SEC Chairman Gary Gensler, but stressed the need for caution.

🔥🔥🔥 As a result, adoption of cryptocurrency legislation will require intense negotiations and political maneuvering by the end of the year‼️
#Binance #elg #escoin #Polygon

🔥 BIDEN ADMINISTRATION TAKES ACTION ON CRYPTO CURRENCIES‼️
#Bitcoin

➡️ Trump's positive thoughts about cryptocurrencies also influenced the Biden administration, causing steps to be taken to mobilize the market. According to the latest news from the USA, the Biden administration has been holding positive meetings with industry players for the last two weeks.

#elg #EscoinToken
#btc #Polygon #Binance

🔥🔥🔥 SIGNIFICANT GAINS IN ALTCOINS‼️

#elg
➡️ In the last 24 hours, positive movements in Bitcoin also affected the altcoin market. Among the top 20 cryptocurrencies, UNI stood out with 18% value increases, BNB 12%, TON 9%, and SHIB and NEAR 8%. There were no cryptocurrencies moving in minus in the top 20. Additionally, among the top 100 cryptocurrencies, 7 altcoins posted double-digit gains, while NOT recorded a 9% retracement.

🔥🔥🔥 Bitcoin's positive performance also leads to strong gains in the altcoin market, supporting a general uptrend‼️

#Binance #Bitcoin #escoin $BTC
$BNB

QATAR AIMING TO BECOME A FINANCIAL CENTER WITH NEW DIGITAL ASSET FRAMEWORK‼️

#Bitcoin
Qatar Financial Center (QFC) has introduced a regulatory framework for digital assets in a bid to attract global firms and position itself as a financial centre. The framework covers a range of digital assets, including cryptocurrencies, and sets standards for custody, anti-money laundering measures and cybersecurity.

“This framework is in line with Qatar’s vision to be a regional leader in financial innovation,” said QFC CEO Yousuf Mohamed Al-Jaida. Experts believe the move will boost investor confidence and support the growth of blockchain technology in Qatar.

🔥🔥🔥 Qatar’s proactive approach could set a new standard for digital finance in the region‼️
#Binance #elg #ETH #escoin $BTC $ETH
Source:

- Blockchain.news, “Qatar Financial Centre Introduces Digital Assets Framework,” 2024.

BITCOIN: TOWARDS A NEW ACCEPTANCE ADVENTURE
#escoin #elg #eth #btc #USJobsSlump
Despite its increasing popularity, Bitcoin still remains a niche asset on a global scale. Less than 4% of the global population owns Bitcoin, with a notable 10.7% ownership in North America (Reuters, 2025). This situation is associated with advanced infrastructure, institutional support, and high digital literacy.
Among the main reasons for the slow rise of Bitcoin's global adoption are high volatility, uncertain regulations, and insufficient understanding of the technology. Many investors view Bitcoin not as a means of payment but as a speculative asset. However, the increasing interest from businesses and governments indicates that Bitcoin may transition from an experimental phase to the mainstream (Chainalysis, 2024). Additionally, various analysis reports reveal the impact of Bitcoin's speculative nature and volatility on investors (Investors.com, 2024).

🔥🔥🔥 TERRA LUNA CLASSIC’S‼️
#Binance #Escoin #elg #doge
The Terra Luna Classic (LUNC) community is celebrating a major milestone with the completion of its v3.1.6 upgrade, a critical step toward implementing the highly anticipated Tax2Gas feature. This upgrade aims to enhance transaction efficiency and improve ecosystem security. Notably, the patch introduces an essential security update for the WebAssembly Virtual Machine (WasmVM) and expands the gas simulation feature to taxable transactions, improving how transactions are processed across the network.
#ETH

SOUTH KOREA REVIEWS CRYPTOCURRENCY POLICY‼️

#Bitcoin #escoin #elg
South Korea is considering major reforms regarding cryptocurrencies ahead of the 2024 general elections. The ruling People's Power Party is planning legal regulations to allow institutions to invest in cryptocurrencies such as Bitcoin and to lift the ban on cryptocurrency ETFs. This move is seen as a strategy that targets young voters in particular. In addition, the country's financial regulator is planning to hold talks with the US about Spot Bitcoin ETFs. Thus, South Korea aims to adopt a cryptocurrency policy that is in line with international standards.

Conclusion: These changes in South Korea's cryptocurrency policies could deeply affect both electoral strategies and crypto markets.
#Binance #EscoinToken $BTC $ETH References • Bitcoinist. “Spot Bitcoin ETFs Coming To South Korea? -Report”. Accessed: 11 October 2024. • Cryptopolitan. “South Korea's Ruling Party Mulls Bitcoin ETFs as Election Promise”. Accessed: 11 October 2024. • CryptoPotato. “Change of Heart: South Korea to Discuss Spot Bitcoin ETFs With US SEC”. Access: 11 October 2024.

CME BITCOIN FUTURES OPEN POSITION RECORD: $12.26 BILLION‼️

#bitcoin #escoin #elg
As of October 18, the open interest (Open Interest - OI) of Bitcoin futures contracts traded on the Chicago Mercantile Exchange (CME) reached a historic peak of $12.26 billion. This increase has exceeded the previous record set in April by 3.5%, with a 36% increase in the last two weeks. It is seen that the interest and participation of institutional investors has increased, especially during this period when Bitcoin Spot ETF approvals are awaited. While this intense interest from investors indicates that they expect an increase in market prices, it is noteworthy that hedge funds are in the market with short positions.

This significant increase shows that institutional demand for Bitcoin futures continues. This trend is expected to continue as the November expiration approaches, marking a significant turning point in Bitcoin derivatives markets.

🔥🔥🔥Conclusion: This historic level of open interest in CME Bitcoin futures is a sign of institutional confidence in crypto markets, suggesting continued growth in derivatives‼️
#btc #escointoken $BTC $ETH

- The information contained in this article is never investment advice and is for accurate and up-to-date informational purposes only. STAY TUNED‼️ Be sure to do your own research❗️

References:

•The Block, “Bitcoin Futures Open Interest on CME Hits All-Time High,” October 2024.
•The Cryptocurrency Post, “Historic Record in Bitcoin Futures Open Interest on the CME,” October 2024.