#VIRTUALWhale VIRTUALWhale The whale who suffered a loss of $5.02 million (-36%) on VIRTUAL earlier this month is back in the market! 🐋 The whale transferred 4006 ETH ($10.9 million) to a new address. Of this, 419 ETH (~$1.14 million) was spent on purchasing 1.049 million VIRTUAL tokens at an average price of $1.09 each.
My earned coins closed at trailing stops, one position remains $TST How do I set a trailing stop? Everything up to 5% constantly gets picked, so when buying a coin, I look at where the price will roughly move by 10%, it's not hard to calculate and I set a trailing stop at 10% if the coin drops by 10% it will be breakeven, and if there is growth, then with slight volatility and growth, the stop won't get triggered. I might set up the bot on $MOVR probably a spot one or find it somewhere. I haven't looked at movr yet, is there even any point? I'm looking at other coins, I will buy something.
$LTC Should we take it? 🫣 As an alternative to Bitcoin, Litecoin has long been a favorite of investors. And its price tends to rise along with BTC. But how high can it go?
Litecoin was originally designed to be an improved version of Bitcoin. It retains the decentralized structure of BTC, but offers faster and cheaper transactions. Thus, LTC blocks are confirmed in 2.5 minutes, while Bitcoin takes 10.
LTC uses blockchain technology to ensure transparency and security. Despite the dominance of Bitcoin, Litecoin is a good alternative for everyday transactions and continues to be important even with the emergence of new cryptocurrencies.
#LitecoinETF The SEC has accepted Canary Capital's 19b-4 application for registration of Litecoin ETF. The company had already filed S-1 papers before. The filing effectively started the countdown timer of 240 days that the Commission has to make a decision. Eric Balchunas noted that the company still needs to receive comments on the S-1, which will indicate that the registration process is progressing. He is confident that Litecoin ETFs will be the next category of crypto funds in the US to receive SEC approval. The US Securities and Exchange Commission (SEC) has accepted Canary Capital's application for the creation of an ETF based on Litecoin. According to Bloomberg Intelligence analyst Eric Balchunas, this ETF has advanced further than others among all similar products based on altcoins.
Canary Capital filed an application to list the Canary Litecoin ETF on the Nasdaq exchange on January 16, 2025. According to it, two counterparties will act as custodians of the trust - BitGo Trust and Coinbase Custody.
The fund will directly invest in Litecoin (LTC), which makes it a spot fund.
$MOVR 🥰 the work has started according to the Bollinger indicator it shows that it will not reach my trailing stop, I will not move it, I will wait. Trailing stop 10% Bollinger 3 days beautiful
#TradeFiRevolution is a movement that aims to break down traditional barriers in global trade, making transactions faster, more transparent and accessible to everyone. Movies still depict traders in stock exchange halls, shouting out bets every minute. Trading looks different now. Thanks to modern tools, you can start trading with small amounts, gradually increasing your deposit and choosing a trading strategy that suits you. Accessible and understandable to everyone. $BTC
$ETH SEC Accepts Amendment Filing to Add Staking to 21Shares Ethereum ETF - Document.
🤑How is Ethereum Different from Bitcoin?
The supply of a cryptocurrency refers to the total number of coins that have been, and will ever be, created. Bitcoin has a capped supply of 21 million coins. In contrast, Ethereum has no maximum supply limit, meaning that theoretically an unlimited amount of Ether can be created. Like Bitcoin, Ethereum is a public blockchain network, but there are some significant differences between the two. Bitcoin and Ethereum have different goals and different throughputs. While Bitcoin provides one specific use case for blockchain technology - a peer-to-peer electronic system that enables online payments, Ethereum is focused on executing code for any decentralized application.
Transaction fees on the Ethereum network depend on computational complexity, network congestion, and storage needs, unlike the Bitcoin network, where the main criterion is the transaction size in bytes.