#In the next bull market it is important to have the right currencies.
A token that has caught my attention is $LTO , the value it has when writing this post is 0.076, but what is lto network?
The LTO network is a Layer 1 Blockchain with a public and private layer to bridge the gap between digital property and real world, decentralized and privacy identities.
The future of the internet is being built on Tezos–with user participation and governance at its core. Users can directly and frictionlessly interface with each other over a decentralized network, exchanging value and interacting with various applications, without the need for intermediaries. On Tezos, Web3 can be a truly user-governed and user-centric movement, the way it was meant to be.
Insiders and outsiders in the world of bitcoin (BTC) are watching every step the Securities and Exchange Commission (SEC) takes regarding the approval (or rejection) of spot exchange-traded funds (ETFs) based on the coin. digital.
One of those staring at the SEC is cryptocurrency lawyer John Deaton, who lays out two possible scenarios for the future of bitcoin ETFs.
In the first scenario, Deaton assumes that the regulatory agency has “capitulated” to the presence of financial instruments and its approval will be imminent. In this scenario, “the approval [of the ETFs], before the end of this year or before the end of the 1st quarter of 2024, is a certainty,” he points out.
Like Deaton, most analysts see it very likely that these financial products will eventually be approved. Bloomberg Intelligence specialists Eric Balchunas and James Seyffart believe there is a 90% chance that the ETF will eventually be approved. They estimate that the event will take place at the beginning of January 2024
The second scenario raised by the lawyer is the most negative. Deaton believes that the SEC may also be “gathering more information during these discussions to find a different reason to deny bitcoin spot ETFs.” This would be, in his opinion, the largest “deception/scam” maneuver in the history of the SEC and he does not rule out that it could be carried out.
¿Etf de bitcoin ? sin lugar a duda esto es lo más esperado por el mercado 💹 cripto, que actualmente está lleno e controversias sobre el Etf más esperado .
BlackRock's bitcoin (BTC) ETF, called "iShares Bitcoin Trust", is now listed on the DTCC (Depository Trust & Clearing Corporation).
This is the entity that, according to Nasdaq, is responsible for the clearing, settlement and servicing of securities in the US market. It means that the ETF, with the ticker IBTC, is now officially recognized.
The US Securities and Exchange Commission (SEC) is still pending approval of the financial product. But, as Eric Balchunas, a Bloomberg Intelligence specialist, explains, BlackRock is on the right path: #BTC #BlackRock #ETF
Solana is in a critical position on its chart, with the possibility of breaking through the neck resistance once again. This neck resistance is a crucial point on the chart that marks the threshold for bullish momentum. Historically, breaking above this point often indicates the potential for a sustained uptrend, suggesting additional gains in the near future. In the case of Solana, this would mean a strong comeback after its recent declines, reinforcing its position as a dominant player in the crypto space.
Additionally, attentive observers might anticipate the possibility of a golden crossing. This occurs when a short-term moving average crosses above a long-term moving average, usually indicating a possible bullish breakout. Such a move is often seen as a significant buying signal among cryptocurrency enthusiasts and could attract a flood of investments into Solana. The daily chart, with its intertwined moving averages, suggests that such a crossover could be on the horizon.
SEC dismisses lawsuit against Brad Garlinghouse and Chris Larsen; Ripple executives
The civil lawsuit against Ripple executives had been open since December 2020.
Lawyers representing the United States Securities and Exchange Commission (SEC) announced that they will seek to dismiss all allegations against Ripple CEO Brad Garlinghouse and co-founder Chris Larsen.
In a filing on October 19 in the United States District Court for the Southern District of New York, the SEC notified the court that the parties involved in its case against Ripple "have agreed to the dismissal with prejudice," which suggests that it is not necessary to schedule an upcoming trial. The filing did not indicate that the SEC was withdrawing its civil case against Ripple itself, first filed in 2020.
"The SEC and Ripple intend to meet and confer on a potential filing schedule regarding the outstanding issue in the case, what are the appropriate remedies against Ripple for its violations of Section 5 with respect to its institutional sales of XRP, and respectfully request until November 9, 2023 to propose such a schedule to the court or, if the parties cannot agree, seek a controversial filing schedule from the court," the filing stated. #Ripple #SEC #Criptomonedas