The Unstable Cat priceADA

$ADA bounced back above $0.78 after scary dip If bulls break $0.83 → resistance line in sight. Fail → $0.68 looming Question is: will Cardano finally deliver this cycle? #ADA #Cardano

SEC’s shift to generic ETF listing rules clears red tape, $LTC , XRP, SOL, $ADA and DOGE ETFs could arrive sooner than expected. Meanwhile, $XRP coils in a falling wedge above key support. A breakout could target $3.6–$3.8, eyeing new ATHs as ETF optimism builds.

Breaking: XRP, SOL, ADA, DOGE, and LTC ETF Filings to Be Withdrawn The U.S. Securities and Exchange Commission (SEC) has reportedly asked exchange-traded fund (ETF) issuers to withdraw their 19b-4 filings for XRP, Litecoin (LTC), Solana (SOL), Cardano (ADA), and Dogecoin (DOGE) ETFs. This comes after the SEC recently approved new generic listing standards for commodity-based ETFs, including cryptocurrency-based ones. Issuers will start withdrawing their applications as early as this week, meaning that it is only a matter of time until such ETFs will become publicly tradable. Massive change Normally, each ETF has to be approved under Section 19(b) of the Securities Exchange Act of 1934. The approval process is usually lengthy and daunting. card Now, however, if a certain product meets specific eligibility criteria, it can secure a much-coveted listing at a much faster pace. Such commodities are supposed to have CFTC-regulated futures contracts (among some other requirements). Earlier, multiple analysts predicted that the new listing standard would unleash a wave of new spot cryptocurrency ETFs.

🚨JUST IN: The 🇺🇸SEC is asking issuers of #XRP, #SOL, #ADA, #DOGE & #LTC ETFs to withdraw their 19b-4 filings following the approval of generic listing standards (making those filings unnecessary). Withdrawals could start as early as this week, per Eleanor Terrett. $BTC