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Wall Street’s biggest banks are finally backing Trump’s pro-crypto agenda after his new executive order cleared regulatory hurdles. Trump stacked his administration with crypto advocates, like SEC pick Paul Atkins and Treasury nominee Scott Bessent, to drive his plans. The SEC scrapped its restrictive accounting rule, SAB 121, letting banks hold crypto without the crushing capital requirements.
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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.
Gyeonggi Province city confiscates coins from 157 citizens with outstanding fines worth over $690
- 08:59Trump's encryption project WLFI holds tokens worth 388 million US dollarsGold Finance reports that according to Imk.fun (formerly Scopescan), the Trump crypto project World Liberty Financial currently holds: 55,400 ETH valued at $185.06 million; 646.7 WBTC worth $67.73 million; 40.72 million TRX amounting to $10.33 million; 256,310 LINK valued at $6.55 million; 19,400 AAVE worth $6.41 million; 5.78 million ENA totaling $4.94 million; The total value of assets held is $388 million, with an additional $41.81 million in stablecoins available for asset purchases.
- 08:54Cryptoquant Founder: Short-term holders are flocking to Bitcoin, clear signs of a bull marketPANews reported on January 26th that Cryptoquant founder and CEO Ki Young Ju tweeted that Bitcoin is attracting global attention, with short-term holders continuously pouring in, while long-term holders are selling off. This is the definition of a bull market. He believes that the Trump administration may introduce more policies supporting cryptocurrencies in the next four years and questions why people would sell Bitcoin at this time. He also jokingly suggests "buying low".
- 07:44The total market value of stablecoins continues to hit a new historical high, increasing by 2.97% over the past weekAccording to Jinse Finance, on January 26th, according to DefiLlama data, the total market value of stablecoins across the entire network has broken through $215 billion and is now reported at $215.661 billion, setting a new historical high with an increase of 2.97% over the past week. Among them, USDC's market value increased by 9.67% in the past week and is now reported at $52.119 billion.