🚨 Only about 44% of Bitcoin ETF purchases in the US are for long-term holding! 🤯📊
🔹 According to 10x Research, the vast majority of purchases are related to short-term trading strategies rather than actual holding.
🔹 10x Research’s Marcus Thielen confirms that the actual demand for Bitcoin as a long-term asset in multi-asset portfolios is much lower than the media promotes $BTC #SaylorBTCPurchase
It is enough to go down in my opinion that almost all major currencies visited the by value areas which are the last stronghold of buyers who were active in raising the market $BTC $XRP $ETH
🚨 Canada will lead the world with the world’s first spot#XRPETF
Purpose Investments has applied for the world’s first spot XRP ETF. Canada’s approval could prompt U.S. authorities to expedite approval. The proposal will launch the world’s first spot XRP exchange-traded fund (ETF), and if the product clears the regulatory hurdle, it will do so in a fully transparent and controlled manner, exposing XRP to the world #etf $XRP
The performance of traditional markets on Monday is very important, as investors react to the repercussions of the trade war between countries "Tarrif War", which may further destabilize global trade and financial markets #USTariffs
🚨 Crypto.com will delist $USDT and nine other tokens in Europe on January 31, giving users until March 31 to convert assets under MiCA rules #USDT #MiCA
🚨 The US Securities and Exchange Commission 🇺🇸 Gives Banks the Green Light to Hold Bitcoin.
Banks Enter the Future of Custody of Digital Assets
🔴 McClurg noted that the transition won’t happen overnight. Most banks will initially limit their custody services to Bitcoin and Ethereum, meaning the next wave of potential crypto ETFs — including those for XRP, Litecoin, and HBAR — will likely not have bank custody support at launch #USTaxExemptionPlan #USConsumerConfidence #BinanceAlphaAlert