Is Altseason over? XRP ETF applications are flooded and others: HODler ‘S DIGEST, February 2

The best story of this week

The SEC finds more time to mull the options in Ethereum ETF.

According to the regulation on February 7, the US regulatory authorities need more time to determine whether they will allow an optional deal with the ETHER EXCHANGE-Traded Funds (ETF).

This submission was a response to the list of options for NASDAQ ISE’s July Blackrock’s iShaes Ethereum Trust (ETHA). The US Securities and Exchange Commission has now made a decision to reach the decision by April 2025.

Changes to the proposed rules of NASDAQ only apply to Etha options, the only ETER ETF listed in NASDAQ’s electronic exchange. Others are listed in the ARCA or CBOE of the New York Stock Exchange.

Haliey Welch, aka ‘Hawk Tuah’ speaks almost two months later.

Haliey Welch, known as “Hawk Tuah” girl, showed his first media after silence for almost two months after Hawk Memecoin was released.

In a leaked interview with YouTuber Faze Banks, WELCH said that Memecoin’s project manager said Token will have a long -term horizon and positively in the encryption space.

Welch did not want to start a memo at first and was not used to the asset sector, but I heard that money would go to a charity from the tokens.

Alex Mashinsky requests a one -month delay in the sentence.

About two months after the conviction, Alex Mashinsky, former CEO of Susel Susus, asked for a delay from the sentence scheduled for April 8.

Mashinsky, who was submitted to the US District Court in the southern New York on February 5, asked the court to compel the sentence from April 8 to May 8. According to former CEO CEO, Mashinsky said, “It was being pulled at the same time. There are many instructions after convicting the Criminal Court and filing a lawsuit in the bankruptcy court.

“The Pentagon wants to have enough time to prepare for the sentence to accurately present Mashinsky’s view of his criminal act.

CBOE BZX File XRP ETF, BITWISE, WisDomtree, Canary and 21Shares XRP ETF

CBOE BZX Exchange submitted 19b-4 submitted to the four asset managers who wanted to list the first branch XRP Exchange-Traded in the United States.

On February 6, Exchange submitted a 19B-4 report on Canary Capital, WisDomtree, 21Shares, and Bitwise, and tracked the fourth largest cryptocurrency for the ETF that tracks the price of XRP.

The 19B-4 submission will lead to the first XRP ETF in the United States if it is approved and approved for the change of rules proposed by the US Securities and Exchange Commission.

The SEC allowed ETFS tracking Bitcoin and ether to start trading in early 2024 under the former president, Gary Gensler.

However, analysts led by encryption -friendly acting chair MARK UYEDA have investigated the number of ETF submissions related to the number of products allowed by the Trump administration, the number of ETF submissions related to various encryptions, and the number of ETF submissions related to various passwords.

Kanye West claims that it has refused $ 2M to promote encryption fraud.

Kanye West, who is currently going, said it refused $ 2 million to participate in encryption fraud. The system was reported to have posted a fraudentization promotion to 32.6 million followers and claimed that his account was hacked several hours later. By that point, the victims were already able to lose a considerable amount of money.

“I proposed $ 2 million to buy a community. The remaining people. West talked about X on February 7.

The proposal promised West to share $ 750,000 in a prepaid payment to share encryption promotions and maintain live broadcasts for eight hours, and then he claimed that his account was hacked and did not make a post.

After 16 hours, $ 1.2 million will be paid.

Winners and losers

Bitcoin after the state is over (BTC)) Etter is $ 96,120 (ETH)) $ 2,589 XRP $ 2.38. According to CoinmarketCap, the total market cap is $ 3.11.

Among the 100 largest Cryptocurrencies, the top three Altcoin Gainers are Berachain. (same) 665.67%, Mantra (for) 13.60% and in Dex (Dex) at -4.76%.

The top three Altcoin losers of this week are virtual protocols. (pseudomorph) 42.74%, Dogwifhat (WIF) 42.17% and Pyth Network (Peace) For more information about 38.47% encryption price, read Cointelegraph’s market analysis.

The most memorable quote

“To be honest, I heard it illegally discriminating against me.”

Jesse PowellCo -founder

“Most traders have no plans to deal with encryption or digital coins.”

Jpmorgan

“In extensively, many wrong Crypto people want the US government to print dollars and buy Bitcoin as part of national stockpile. (…) I think these people are asking for something wrong. ”

Arthur HayesMAELSTROM Fund’s Chief Investment Officer and Co -founder

“Interestingly, all previous cycles have concluded about a year after the first ATH brake, which emphasizes the atypical characteristics of the current cycle that first reached a new ATH in March 2024.”

Glass node

“If the SEC provides relief, you can introduce a clear criterion that distinguishes the actual utility tokens and security tokens. For example, tokens consisting of functions such as digital products rather than tokens or stock substitutes issued for access to services or platforms. ”

Franco JopreMiller & Chevalier’s lawyers and senior advisors

“Trump does not ask for money in return with an investment or type of product (…), but it seems to ask for money in return, that is, personally requiring a gift that will help him.”

Public citizensConsumer advocacy

Best prediction this week

‘Altseason’ ended in 2024. Bitcoin dominance must be 71%before it returns.

According to the new analysis, the overall bitcoin dominance of the entire cryptographic market must pass 70%.

Rekt Capital, a popular merchant and analyst in his latest X post, warned that the most recent Altseason has already been completed.

Bitcoin’s market capitalization dominance was the highest this week because Altcoins suffered a wide range of danger-residential areas this week.

COINTELELEGRAPH Markets Pro and TradingView’s data reached 644.3%, and the COINTELELEGRAPH Markets Pro and TradingView confirmed before returning to 61%.

In the face of macroeconomic uncertainty, the BTC price strength is better, and interest in the outlook for Altcoin Market has begun.

Fud

Coinbase, judge rules facing lawsuits for unregistered securities sales

The US Federal Judge rejected Coinbase’s claim that it could not meet the definition of the “legal seller” in accordance with the Federal Law, and the Cryptocurrency exchange faced a lawsuit for investors in New York.

According to the February 7 report, Judge Paul Engelmayer forced the plaintiff’s claim that Coinbase did not register as a broker-dealer. Specifically, the plaintiff accused Coinbase selling 79 cryptocurrencies, a securities that do not have proper registration.

As reported by COINTELEGRAPH, the response lawsuit was rejected by the New York Southern District Court in February 2023, but the Court of Appeals revived a part of the lawsuit a year later.

Bitcoin protection zones can be a ‘powerful political weapon’ -Arthur hayes

According to the industry, the US bitcoin strategic reserve forces can be used as “political weapons,” and even if the Democratic Party decides to win the 2028 election and sell the stockpile, it may be the industry’s “pure denial.” Management.

“In extensively, many wrong Crypto people want the US government to print dollars and buy Bitcoin as part of national stockpile. (…) On February 6th blog, Arthur Hayes, the chief investment officer of Maelstrom Fund, said.

Hayes argued that potential Bitcoin reserves would be another financial asset that could simply be purchased and sold.

“There will be a million Bitcoin sitting there and being ready to sell. I need a signature on the paper. ”Hayes said.

He added that the US government has converted the Bitcoin protection zone or “national reserve of dung coin” into a “powerful political weapon.”

The US Treasury Department granted access to ELON MUSK’s DOGE

The union group accused the US Treasury and accused Elon Musk’s government efficiency executors for violating federal law by giving access to sensitive finance and personal information.

AFL-CIO (American Under of Labor and Conginderson Organizations), the largest trade union organization in the United States, sued the Treasury and Scott Bessent at the Washington DC on February 3rd. Systematic and continuous disclosure of personal and financial information on MUSK and DOGE.

AFL-CIO said, “The invasion of personal privacy is vast and unprecedented.” “Those who need to share information with the federal government should not share information with Elon Musk or his ‘Doji’.”

The best magazine story this week

Trump’s encryption venture raises conflicts of understanding, internal rich trading questions.

Donald Trump’s memes and encryption ventures raise new questions about political figures who benefit from encryption.

Justin Sun is HTX Feud, India Reconsiders Crypto Hate: Asia Express

Justin Sun publicly, India, a co -founder of HTX, rethinks the encryption attitude, and Thailand cuts its power to the border to prevent cryptographic fraud.

Ethereum L2s can be interacted with ‘within a few months’. A complete guide

Etherum L2 Roadmap is a successful scaling transaction, but has caused a massive interoperability problem. It is solved in a few months.

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Contributed to the COINTELELEGRAPH MAGAZINE writer and reporter Guy.