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Canary Capital’s Litecoin ETF is poised to be the first spot crypto ETF approved by the SEC under Trump’s administration due to $LTC’s commodity status, says Bloomberg analyst Eric Balchunas. #Update #ETF $LTC (+6) ↗
Autonomous Worlds (@stp_network) is pioneering the DeFAI space, merging AI and DeFi to create self-sustaining ecosystems with a projected $60 billion market cap by 2025, as reported by Franklin Templeton. #Update #Crypto (+6) ↗
President-elect Donald Trump plans to issue an executive order prioritizing cryptocurrency, marking a shift from President Biden’s regulatory approach. This could include pausing litigation against firms like Ripple Labs and establishing a national Bitcoin stockpile. #Breaking #Crypto $BTC (+9) ↗
Scott Bessent, Treasury Secretary nominee under President-elect Donald Trump, expressed skepticism about a US central bank digital currency (CBDC), arguing it’s unnecessary given secure US investment options. His stance contrasts with the Federal Reserve’s ongoing exploration of CBDCs since 2021. #Update #Crypto (+3) →
@eToro has confidentially filed for a US IPO with @GoldmanSachs, targeting a $5 billion valuation and potential Q2 2025 listing. This follows a failed SPAC merger in 2021 and recent crypto trading halts. #Update #IPO (+3) →
President-elect Donald Trump is considering creating a strategic reserve using US-based digital assets like $SOL, $USDC, and $XRP, potentially appointing crypto-friendly officials and ending debanking practices affecting startups. #Breaking #Crypto $SOL (+8) ↗
@Upbit faces potential business suspension and fines due to anti-money laundering violations, with 700,000 KYC procedure failures identified by South Korea’s Financial Intelligence Unit. Upbit has until Jan. 20 to respond before sanctions are finalized. #Breaking #Legal (-9) ↘
Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim met with @cz_binance and UAE officials to explore crypto regulatory frameworks, aiming to modernize Malaysia’s financial system. Authorities will conduct comprehensive studies before implementation. #Update #Crypto (+3) ↗
Bitcoin is nearing $100,000, rising over 2% in the past 24 hours after better-than-expected CPI data fueled optimism. The dollar index declined, boosting both traditional and crypto markets. #Update #Crypto $BTC (+6) ↗
Justin Sun announced USDD 2.0 will offer a 20% APY, subsidized by @trondao, as the stablecoin seeks to grow its $746M market cap amid competition from $USDT and $USDC. #Update #Crypto $USDD (+3) ↗
The @SECGov filed a brief appealing a court ruling that found $XRP was not a security when sold to retail investors, seeking to classify all XRP sales as unregistered securities offerings. #Breaking #Legal $XRP (-9) ↘
VanEck seeks SEC approval for the Onchain Economy ETF, aiming to invest 80% in digital transformation firms and crypto ETPs, excluding direct digital assets like $BTC. The fund will trade under NODE. #Update #ETF (+3) ↗
Senate Banking Chair Tim Scott prioritizes crypto regulation, aiming to create a framework for digital assets trading and custody, emphasizing consumer protection and innovation. #Update #Crypto @BankingGOP (+3) →
Burwick Law is suing @Pump_fun for meme coin trading losses, impacting Solana’s DeFi space with over 70% of new tokens on some days. The platform’s anonymity and illicit content are under scrutiny. #Breaking #Legal @Pump_fun (-8) ↘
