Strive, an asset manager founded by Vivek Ramaswamy, asked United States regulators for permission to list an exchange-traded fund (ETF) investing in convertible bonds issued by MicroStrategy and other corporate Bitcoin buyers, according to a Dec. 26 filing. The ETF seeks to offer exposure to “Bitcoin Bonds,” described as “convertible securities issued by MicroStrategy” or…
Litecoin’s (LTC) X social media account was briefly hacked on Jan. 11 by a scammer promoting a fraudulent Litecoin token on the Solana network. “LTC is now in Solana,” the hacker wrote in a now-deleted and grammatically incorrect post, which featured a contract address and a Pump.fun link to the scam token. In an update,…
Canary Capital’s recently filed amended S-1 form for its Canary Litecoin exchange-traded fund (ETF) could signal the altcoin may be the next digital asset in the United States to get the crypto ETF treatment, following Bitcoin and Ether in 2024. According to analysts from Bloomberg, the filing from Canary Capital on Jan. 15 seemingly confirmed…
The US Securities and Exchange Commission has made a “notable” step toward approving spot Solana exchange-traded funds in the US after acknowledging Grayscale’s amended application — in what analysts say is a first for SOL ETFs. “This is actually newsworthy because the SEC had refused to do this in recent filing attempts for SOL,” Bloomberg…
Bloomberg exchange-traded fund (ETF) analysts have tipped a 90% chance that the US securities regulator will approve a spot Litecoin ETF before the end of the year. Bloomberg’s James Seyffart and Eric Balchunas see its chances of being approved in 2025 as higher than other ETFs currently proposed, including a spot XRP (XRP), Solana (SOL)…
Bitcoin (BTC) has been quiet over the weekend, indicating that the bulls and the bears are waiting for the next trigger to make their move. Although traders seem uncertain in the near term, analysts remain bullish over the long term. Market analyst Gert van Lagen highlighted that Bitcoin has broken out of a megaphone pattern,…
On Feb. 9, Bitcoin (BTC) briefly rallied above $96,500, but the general daily price action has been more of the same sideways range trading as traders await a catalyst to start a trending move. The longer the price remains in a range, the stronger the eventual breakout or breakdown from it. CryptoQuant CEO Ki Young…
Daily transactions on the Litecoin network have hit $9.6 billion per day as exchange-traded fund issuers have been making moves to list their proposed Litecoin ETFs in the United States. Litecoin’s (LTC) market capitalization surged by 46% from Feb. 2 to 19, showing increased investor interest, reported Santiment on Feb. 21. It added that part…
US securities exchange Nasdaq has requested to list a Grayscale exchange-traded fund (ETF) holding the Polkadot network’s native token, DOT (DOT), filings showed. If approved, the Grayscale Polkadot Trust would add to the asset manager’s expanding suite of publicly traded crypto funds. The filing adds to the litany of applications with the US Securities and Exchange…
Litecoin (LTC) demonstrated a V-shaped recovery of 20% after dropping to $106 on Feb. 25. After a brief decline below the 50-day and 100-day exponential moving averages (EMAs), the altcoin has regained a bullish position and is currently outperforming a majority of assets within the crypto market. Litecoin 1-hour chart. Source: Cointelegraph/TradingView Litecoin has “one…