Litecoin & Ethereum Classic Are Dominating The Market! Heres Why | Crypto News Update

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In This Video I go through a look into ethereum classic and explain why it will grow alongside bitcoin with a news update as well In this video, we discuss the recent drop in the price of Bitcoin after the SEC rejected ETF applications from BlackRock and Fidelity. The SEC deemed the applications insufficient, highlighting the hurdles faced by a spot Bitcoin ETF approval. Despite a brief dip below $30,000, Bitcoin rebounded and closed at $30,278. The crypto industry has long awaited a US Bitcoin ETF, which would simplify investment in the asset class. The SEC's concerns include the lack of information about surveillance-sharing agreements. Additionally, Celsius, a bankrupt crypto lender, has been granted permission to liquidate its altcoins and distribute assets in Bitcoin and Ethereum. We explore the implications of this decision and the regulatory environment surrounding lesser-known crypto tokens. Finally, we delve into the recent surge in Litecoin's price, driven by a growing hash rate and anticipation of an upcoming "halving" event. Litecoin has been chosen as one of the four coins listed on EDX Markets, a new crypto exchange backed by major Wall Street players. Join us as we analyze these developments and their impact on the crypto market.

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0:00 SEC ETF Rejection
2:00 Celsius Granted permission To Sell Alts!
3:07 Litecoin update
7:27 FTX Relaunch
7:50 Ethereum Classic Update
9:57 Summary




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