The expectation of Litecoin ETF has always been there, but the current institutional wash is too violent, and the bullish market is obviously the most exciting.
🚨Breaking News: President Trump wants to eliminate all capital gains taxes on cryptocurrencies issued by U.S. companies. This would ultimately make all profits earned by Americans holding crypto assets like $BNB, $XRP, and $SHIB completely tax-free, as their creators are U.S. companies. Sources say the legislation requires companies to register as entities in the country before issuing crypto assets, but there will be a pathway to migrate existing crypto asset businesses in the market to the U.S. This strategy is part of the Trump administration's broader goal to make the U.S. the world's cryptocurrency capital. Source: Trump transition team member. In effect, this would make "Made in America" cryptocurrencies the most reasonable investment for U.S. citizens, as they would not have to pay taxes of up to 37% on their earnings. This could fundamentally reshape the cryptocurrency market.
$BNB won't touch it anymore. If it doesn't break a thousand within 24 hours, then it proves I'm still alive. If it blows up, it means I am more suited for honest work.