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Jan 17, 2025 | 
cryptoweeklyjournal.com | Bena Ilyas
Nasdaq files are for Litecoin ETF approval, with U.S. Bancorp Fund Services administering them. Litecoin’s price surged over 24%, reaching $129.49 after the filing. SEC leadership change could foster a more crypto-friendly regulatory approach, speeding up approvals. Nasdaq has submitted a pivotal 19b-4 form to the U.S. Securities and Exchange Commission (SEC) to seek approval for a spot Litecoin (LTC) exchange-traded fund (ETF).
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Jan 17, 2025 | 
cryptoweeklyjournal.com | Bena Ilyas |Lipika Deka
Phantom raises $150 million in Series C funding, reaching a $3 billion valuation. The company has 15 million monthly active users and handles over $20 billion in annual swaps. Phantom integrated the Sui blockchain in December 2024, expanding its platform beyond Bitcoin, Ethereum, and Solana. Digital asset wallet provider Phantom has secured $150 million in its Series C funding round.
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Jan 17, 2025 | 
cryptoweeklyjournal.com | Bena Ilyas
President-elect Trump plans to sign an executive order making cryptocurrency a national priority, focusing on reshaping U.S. crypto regulation. The order may establish a crypto council to streamline regulatory and industry dialogue, addressing de-banking and stablecoin issues. Advocates push for a government-held Bitcoin reserve, with proposals like acquiring 1 million BTC as an inflation hedge.
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Jan 16, 2025 | 
cryptoweeklyjournal.com | Bena Ilyas
Dubai’s 17-storey crypto hub, opening in 2027, will feature startups and innovation spaces. Tokyo’s Bitcoin Hotel, opening in 2025, will promote crypto adoption with galleries and coworking spaces. The Satoshi Island project and Akon City aim to create blockchain-powered cities. Dubai is about to introduce a new 17-story crypto hub expected to open in 2027. This would add to various blockchain-linked projects that have cropped up worldwide. According to a Jan.
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Jan 16, 2025 | 
cryptoweeklyjournal.com | Bena Ilyas
Canary Capital amended its S-1 filing for a Litecoin ETF, hinting at potential SEC approval. Litecoin’s price rose 15% due to whale accumulation, fueled by ETF speculation. If approved, Solana is ahead in the ETF race, with predictions of $14 billion in inflows.
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Jan 16, 2025 | 
cryptoweeklyjournal.com | Bena Ilyas |Areeba Rashid
The SEC appeals a 2023 ruling, questioning XRP retail sales as securities under the Howey Test. The SEC claims Ripple’s $2B XRP sales violate laws, citing investment contract criteria. XRP surged 10%, reaching $2.686, amid market optimism despite ongoing litigation and regulatory uncertainty. The U.S. Securities and Exchange Commission (SEC) has formally appealed its case against Ripple Labs.
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Jan 13, 2025 | 
cryptoweeklyjournal.com | Lipika Deka |Bena Ilyas
XRP’s price has surged due to a bullish golden cross and a decisive breakout above a key resistance level. The golden cross signals a potential shift in market sentiment. XRP has broken above a key downtrend line, indicating a weakening bearish grip on the market. XRP is making waves fueled by a bullish technical crossover and a decisive break above a key resistance level. Recent technical analysis indicates the formation of a golden cross on the 1-day chart, adding fuel to the ongoing price rally.
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Jan 10, 2025 | 
cryptoweeklyjournal.com | Bena Ilyas |Areeba Rashid
Donald Trump holds $8 million in meme coins, including $5.5 million in TROG tokens. Trump’s NFT collection and Bitcoin support reflect a major shift in his stance on crypto. Trump’s administration could bring clearer crypto regulations with key innovation-friendly appointments. Donald Trump, GOP leader and billionaire businessman, is set to make history as the first sitting U.S. President to hold meme coins.
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Jan 10, 2025 | 
cryptoweeklyjournal.com | Bena Ilyas |Areeba Rashid
Ethereum’s technical pattern suggests a potential dip to $2,800, which could trigger a rally toward $6,000. Despite a recent slight price drop, Ethereum’s long-term outlook remains positive, with its market cap at $390 billion. Ethereum’s shift to Proof-of-Stake (PoS) has reduced supply, with 53,514.62 ETH burned, potentially boosting its value.
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Jan 9, 2025 | 
cryptoweeklyjournal.com | Areeba Rashid |Bena Ilyas
The HKMA launched the Supervisory Incubator to help banks adopt DLT while managing risks and enhancing safety in implementation. Banks can refine DLT systems, test projects, and improve risk management with HKMA support before full deployment of tokenized services. The initiative strengthens industry readiness by sharing best practices and fostering safe DLT adoption across the financial sector.