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Niya

@promoneyy

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58 Followers
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Is the Solana ETF ready to launch? The main obstacle to launching an ETF on SOL has been regulatory issues. Solana cryptocurrency and a few others were classified as securities. However, that changed dramatically today as the SEC amended its lawsuit against Binance, no longer alleging that the exchange facilitated trading in "cryptocurrency securities." In that lawsuit, the cryptocurrencies SOL, BNB, BUSD, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI were classified as securities. Therefore, the "securities" status from these cryptocurrencies will likely be removed. And that will open the door for the Solana-ETF. But there is a nuance: BlackRock, for example, will focus only on Bitcoin and Ethereum ETFs in the near future, with no plans to expand. Therefore, the launch of ETFs on Solana will be handled by VanEck, Grayscale and other funds with less influence.
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Elon Musk’s X Quietly Removes Bitcoin, MAGA Emojis From Hashtags! Automatically generated emojis no longer accompany bitcoin and crypto hashtags on the Elon Musk-owned social application X, which houses some of the largest active cryptocurrency communities. Crypto users on X started to comment early Friday that they could no longer see emojis when posting “#bitcoin” on the service. Some later found out that hashtags for #bnbchain and #cryptocom, which also showed emojis, no longer display the brand images. The Bitcoin emojis were first introduced in 2020 when Jack Dorsey owned X, then known as Twitter. X, as Twitter at the time, reportedly charged companies up to $1 million to add a branded emoji or symbol after a designated hashtag to help differentiate their branding from that of their competitors and create a buzz amongst consumers /bitcoin
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How Trump manipulates voters and tries to win Using the topic of Cryptocurrencies👇 In a move that could significantly impact the future of digital assets, the Republican Party has included language in its 2024 platform promising to defend cryptocurrency. This marks the first time a major U.S. political party has formally addressed the emerging technology in an election-year party platform, signaling a potential shift in the regulatory landscape for the crypto industry. “Republicans will end Democrats’ unlawful and un-American crypto crackdown and oppose the creation of a central-bank digital currency,” the document, released Monday, reads. “We will defend the right to mine bitcoin BTCUSD , and ensure every American has the right to self-custody of their digital assets, and transact free from government surveillance and control.” #Trump #Biden #election #cbdc
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Even investors do not want to sit in TIR-1 projects. If you think that only you screw up on the market: you don't sell during drops, you buy and everything falls down at once, etc. I hasten to rejoice you, it is not so. There are many stories on the market about how whales fail, hedge funds and investors go bankrupt. But now let's talk about a fresh example. 💰 Layer Zero investors who invested in ZROs in 2021 are ready to dump them at a 50% discount. Since 2021, more than $50mn tokens have been sold at a price above $3bn FDV, which equates to $3 per token. People have frozen money for 3 years, refused to sell at 0 on OTS until a month ago, and now are looking to unload at least at $1.5. No one wants to be locked into this project for three years. Investor unlocks will not start until a year from now and will last until 2027. Invest, wait a few years to go negative instead of X, that's the truth of the market.
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