User-e8035

Bitcoin is currently consolidating and is expected to show little change before the New Year holiday. It is recommended to return to life during the holiday and not to pay too much attention to the market.
$BTC

#加密ETF申请热潮涌现 Besides XRP, the following cryptocurrencies also have the potential to obtain ETF approval:

• Solana (SOL): Since the launch of its public blockchain, it has led the development of blockchain applications, with significant wealth creation effects expected in 2024 and a continuously growing ecosystem. Several institutions have submitted SOL ETF applications, but previously the CBOE removed related applications, and when the SEC sued Binance and Coinbase in 2023, SOL was listed as an unregistered security, which posed obstacles to approval. However, the new regulatory environment and changes in SEC leadership may facilitate its approval; Bloomberg analysts expect a high probability of SOL being approved in 2025.

• Litecoin (LTC): It is a fork of Bitcoin and is more likely to be viewed as a commodity by the SEC. Its technology and applications are relatively mature, and it enjoys high market acceptance, making the path to ETF approval relatively smoother. It is considered one of the cryptocurrencies with a higher likelihood of ETF approval, aside from Bitcoin and Ethereum.

• Hedera (HBAR): Its advantage lies in not being classified as a security by the U.S. Securities and Exchange Commission, avoiding related legal disputes, and thus being in a favorable position for potential ETF issuance. As the legal environment for cryptocurrencies develops, HBAR's ETF products may become one of the options for investors' diversified portfolios.

• Dogecoin (DOGE): Although it is a meme coin, it has a huge market capitalization and its community influence is continuously expanding, making it increasingly popular. The likelihood of applying for a Dogecoin spot ETF is gradually increasing, with Bloomberg ETF analyst Eric Balchunas even mentioning December 31 as a possible application date.

• Cardano (ADA): ADA also possesses certain technical strengths and application scenarios, with its development in areas such as smart contracts being closely watched. Reports indicate that at least one issuer has attempted an ADA ETF application, indicating its potential for ETF approval.

Waking up to find that the position is gone, how many people have exploded? 🤔
Spot traders took a glance, had a sip of coffee, oh, back to scrolling
Bitcoin 992 has already formed a support-resistance swap! #BTC
I didn't bet with everyone this time, but everyone has already bought the canned goods 🥫 Sigh, let's find a time to eat it 😭

It seems that breaking through 10,000 followers can only be done with red envelopes.

The last person who followed me has today surpassed 10M in their account.

Please take a moment to follow, receive a red envelope 🧧, and thank you all. #红包