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Litecoin’s 25% rally follows Grayscale’s spot ETF filing, with strong long-term holder support and key levels fueling its bullish momentum.
Share link:In this post: Grayscale has filed with the SEC to launch ETFs for Litecoin and Solana. The firm joins Canary Capital in the race for a Litecoin ETF. There is still uncertainty about approval as the SEC reviews a flood of crypto ETF proposals following Gary Gensler’s resignation.
Bitcoin’s dominance and bullish momentum suggest a rally could be imminent. A breakout above $106,193 may pave the way for record highs.
Gyeonggi Province city confiscates coins from 157 citizens with outstanding fines worth over $690
The SAB 121 gained widespread criticism for asking banks that hold crypto to record them as liabilities in their balance sheets.
MicroStrategy may owe billions under U.S. tax rules targeting unrealized gains. With $47B in Bitcoin holdings, the firm’s case could shape corporate cryptocurrency strategies amid regulatory scrutiny.
- 02:46OpenAI launches deep research function, generating analyst-level reports in 5 to 30 minutesOn February 4th, following the impact of DeepSeek, the release frequency of OpenAI's new product features has significantly increased. Following the release of the official o3-mini model three days ago and the free addition of the "inference" button in ChatGPT, on the morning of February 3rd Beijing time, OpenAI released a new ChatGPT feature called "Deep Research", which aims to generate analyst-level reports after 5 to 30 minutes of networking and deep thinking. Currently, Pro users can use this feature. OpenAI CEO Sam Altman said that this is a service like "on-demand experts" that can complete tasks that previously took hours or days. However, OpenAI stated that this feature sometimes produces illusions or makes incorrect inferences in the answers, but the probability of errors is significantly lower than other models under existing ChatGPT.
- 02:46US Department of Justice accuses Canadian hacker Medjedovic of stealing $65 million through Indexed Finance and KyberSwapUS prosecutors on Monday charged 22-year-old Andean Medjedovic with two hacking attacks totaling $65 million. Court documents show that Medjedovic previously admitted to profiting about $16 million from the DeFi protocol Indexed Finance in October 2021. He is also believed to be behind the November 2023 attack on KyberSwap, which caused the protocol and its users to lose about $48 million in cryptocurrency. The hacker later sent about $2 million in cryptocurrency to digital wallets believed to be controlled by Medjedovic. Majdovic faces five charges, including fraud, money laundering, and extortion. On Monday, he did not respond to multiple requests for comment.
- 02:45Polymarket predicts a 70% chance of Bitcoin hitting a new historical high before March 31st.According to Polymarket data, the market expects a 70% probability that Bitcoin will reach a new historical high before March 31, 2025. The predicted market contract trading volume reached $193,618.