THE TICKER IS Kurs ETH

🗞️ Need to catch up on the news? Here's our top 10 from today: 🔸 Bybit confirms its $ETH cold wallet was compromised in a $1.46B hack. 🔹 Costa Rica’s Banco Nacional, launched the country’s first spot Bitcoin ETF. 🔸 Franklin Templeton has filed an S-1 registration for a Solana ETF. 🔹 North Korea’s Lazarus Group was found to be responsible for the $1.4 billion hack of Bybit 🔸 The SEC agrees in principle to dismiss its lawsuit against Coinbase. 🔹 CanaryFunds Litecoin ETF (LTCC) is officially registered on the DTCC platform. 🔸 Kyrgyzstan rejects CBDCs, doubles down on a gold-backed stablecoin instead. 🔹 CryptoQuant CEO Ki Young Ju stated that the bull market will continue until capital outflows from crypto ETFs begin, signaling a potential bear market. 🔸 Franklin Templeton has launched its crypto index ETF (EZPZ) which holds both spot Bitcoin and Ethereum. 🔹 VanEck’s latest research suggests that a US Bitcoin Strategic Reserve with 1 million $BTC by 2029 could offset around $21 trillion of national debt by 2049.

Canary Capital’s spot Litecoin ETF has been listed on the Depository Trust and Clearing Corporation under the ticker LTCC, marking a key step toward its potential launch. The listing, which showed up on DTCC late Thursday Feb. 20, does not guarantee regulatory approval but signals that the necessary infrastructure for trading is being put in place. The DTCC serves as a key clearing and settlement provider for U.S. securities, listing both active ETFs and pre-launch funds awaiting approval. Ultimately, the ETF still requires approval from the U.S. Securities and Exchange Commission before it can begin trading. Canary Capital initially filed for its Litecoin (LTC) ETF in October 2024, ahead of similar applications from Grayscale and CoinShares. If approved, it would be the first U.S. spot ETF for a cryptocurrency beyond Bitcoin (BTC) and Ethereum (ETH), potentially paving the way for additional altcoin-based ETFs. You might also like: SEC formally acknowledges Litecoin and XRP ETF filings by CoinShares The SEC is currently reviewing the application, following Nasdaq’s 19b-4 filing for the fund. Last month, the agency opened the proposal for public comments, and it has up to 90 days from Feb. 4 to reach a decision. Bloomberg ETF analyst Eric Balchunas recently shared his thoughts through a post on X. Balchunas believes there is a 90% likelihood that the Litecoin spot ETF would be approved. He has previously expressed optimism about the possibility of other altcoin ETFs like Ripple (XRP) and Solana (SOL) getting approved in 2025. Doesnt mean it’s approved or ready to start trading, but it does show the issuer is making preparations for when it is. We still at 90% odds. $LTCC https://t.co/ugQgsO9fIB — Eric Balchunas (@EricBalchunas) February 21, 2025 Following the news, Litecoin has surged 4% in the past 24 hours, reflecting increased investor optimism about the ETF’s potential approval. Santiment reports that Litecoin outpaced several leading cryptocurrencies, seeing a 46% increase in its market capitalization between February 2 and February 19. During this period, it also recorded a daily transaction volume of $9.6 billion.

I can imagine for everyone who sold their eth, alts & whatever to withdraw They might be less likely to repurchase everything back

Understanding Trading Indicators A trading indicator is a tool used by traders to analyze market data and make informed decisions on buying or selling assets such as stocks, currencies, or commodities. These indicators rely on mathematical calculations using price, volume, or open interest data, helping traders identify trends, momentum, volatility, and key entry or exit points. Types of Trading Indicators Trend Indicators Moving Averages (MA) – Smooths out price data to reveal trends (e.g., Simple Moving Average, Exponential Moving Average). MACD (Moving Average Convergence Divergence) – Measures the relationship between two moving averages to gauge momentum. Momentum Indicators Relative Strength Index (RSI) – Evaluates the speed and magnitude of price changes to identify overbought or oversold conditions. Stochastic Oscillator – Compares the closing price to a price range over a specific period to assess momentum. Volatility Indicators Bollinger Bands – Uses standard deviations around a moving average to measure price volatility and potential breakout points. Average True Range (ATR) – Analyzes price movement range to gauge market volatility. Volume Indicators On-Balance Volume (OBV) – Tracks volume flow to predict potential price movements. Volume Weighted Average Price (VWAP) – Displays the average price of an asset based on volume. Support and Resistance Indicators Pivot Points – Helps identify potential support and resistance levels based on historical price action. How Traders Use Indicators Trend Confirmation – Verifying the strength or weakness of a market trend. Reversal Detection – Identifying potential shifts in price direction. Buy/Sell Signal Generation – Determining optimal trade entry and exit points. Risk Management – Setting stop-loss and take-profit levels to protect capital. Limitations of Trading Indicators Lagging Nature – Many indicators rely on past data and may not accurately predict future movements. False Signals – In volatile or sideways markets, indicators can generate misleading signals. Over-Reliance – Using indicators in isolation without considering broader market context can lead to poor trading decisions. To enhance accuracy, traders often combine multiple indicators and integrate them with other analysis methods, such as fundamental analysis or price action strategies. $BTC $DEFI $ETH

Ameen Soleimani’s poll asks if Vitalik Buterin is more of a “king” or a “prophet” in the Ethereum community. 80.1% of respondents view Buterin as a “prophet,” highlighting his philosophical influence over governance. Buterin clarified that he holds one seat out of the three-member board.in Ethereum Foundation. Crypto community figure Ameen Soleimani recently sparked a conversation on X with a poll asking whether Ethereum’s co-founder, Vitalik Buterin, is more of a “king” or a “prophet.” The poll aimed to frame Buterin’s influence in two distinct ways. The first is as a ruler exerting “hard power” or as a spiritual leader offering “soft power” to guide the Ethereum ecosystem. Specifically, the choices were as follows: King: Holding 3/5 board seats at the Ethereum Foundation and setting the organization’s direction. It also includes controlling the ETH network roadmap and wielding significant competition-related influence—representing hard power. Prophet: Offering spiritual and moral leadership, posting about values, public goods, zero-knowledge research, and concepts like infinite games—representing soft power. “Prophet” Wins Crypto Communi… The post Vitalik Buterin Responds to Poll Questioning His Role in Ethereum: ‘King’ or ‘Prophet’? appeared first on Coin Edition.