
The Biden Administration is poised to attend a landmark Bitcoin and blockchain roundtable with congressional leaders. This significant move follows the recent endorsement of Bitcoin by former President Donald Trump. Trump has vowed to terminate Biden’s restrictive policies on cryptocurrency and champion Bitcoin’s future in America. Explore the Biden Administration’s newfound interest in Bitcoin and
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What Has Litecoin & Artificial Superintelligence Alliance Holders Just Purchased & Are The 100x Rumors Coming True?

The post What Has Litecoin & Artificial Superintelligence Alliance Holders Just Purchased & Are The 100x Rumors Coming True? appeared first on Coinpedia Fintech News Whales and institutional investors are always ahead of the market. Their deep pockets and broader connections give them access at a higher level. Recent activities suggest that big players from Litecoin (LTC) and Artificial Superintelligence Alliance (FET) are exploring new opportunities. One of the biggest thing 1Fuel (OFT) ongoing presale. The market is currently buzzing with its record-breaking presale. Could it be the next big bet? The 100x speculation: What’s driving the hype? Crypto insiders are buzzing about a new project, 1Fuel (OFT), that could deliver massive gains. This project is tipped to have all the potential to become a top contender in the crypto market. There is suspicion that big investors from older blockchain projects are investing in 1Fuel’s infrastructure. This has triggered 100x speculation among early investors, who are aping its ongoing presale. Historically, early adopters of a project have recorded massive gains in the case of an upside. This motivation and conviction about the potential of 1Fuel (OFT) have led holders of LTC and FET to buy OFT tokens. The launch price of 1Fuel’s OFT tokens is not currently known. However, with an ongoing presale price of $0.018 and multiple stages ahead, investors can expect a massive flip on launch day. Why 1Fuel (OFT) is attracting smart money 1Fuel’s (OFT) innovative technology, like its one-click solution for cross-chain transactions, sets it apart in the global market. The complexities of navigating multiple chains, paying multiple fees, and spending too much time on a transaction will become obsolete with 1Fuel users. This innovative masterpiece already attracts investors who prioritize strong utility. Big investors, like those from LTC and FET, are looking for stability in the long run. 1Fuel offers this through its robust infrastructure, roadmap, and value proposition. 1Fuel also symbolizes a present and future where crypto investors can use credit and debit cards to spend their coins in the real world. This increases the use cases for crypto and speeds up the integration of cryptocurrency into the global market as an efficient alternative to fiat payments. Could 1Fuel’s ongoing stage 4 presale become the next accumulation for big investors before the next breakout? As the market shows signs of recovery amidst global uncertainties, will 1Fuel provide refuge for these investors? Market conditions favour 1Fuel (OFT) A silent but ongoing trend is the rotation of capital from some older assets to new projects taking center stage. While established crypto projects may enjoy a significant market share, investors are betting on new competition to yield more profits. The increase in crypto adoption globally is increasing the need for efficient digital asset management. 1Fuel is strategically positioned in a high-growth sector and is further strengthening its position through its comprehensive suite of features. If the rumors around investments from big players hold, the window of opportunity through 1Fuel is closing fast. Prominent investor backing with the right hype will have provided huge gains for early investors before the market catches on. 1Fuel’s ongoing presale is selling fast at $0.018. Investors looking for low-entry and high-growth potential should take advantage of this opportunity. To Find Out More About The 1Fuel Presale Use The Links Below: Website: https://1fuel.io/ Telegram: https://t.me/Portal_1Fuel Twitter / X – https://x.com/1Fuel_ CoinOtag

Grayscale Files for Cardano ETF: A Significant Step for Crypto Investment
For cryptocurrency investment products, Grayscale is a leading asset manager. It has filed for a Cardano exchange-traded fund—an ETF. This happened on February 10, 2023. The proposed fund is intended to allow investors to gain exposure to the ADA token. It would do so in a “regulated, traditional financial environment.” If and when the ETF is approved, it would make Grayscale, again, the first to do something significant in this crypto space—the first to issue a “spot” ETF for Cardano. Key Details of the Filing Grayscale’s proposal would create a way to invest in Cardano through a public security rather than through a crypto-exchange or in private transactions. As the most recent effort from the firm’s high-profile CEO, Michael Sonnenshein, in conjunction with the SEC, it may lack the teeth needed to bring cryptocurrencies into the mainstream. Grayscale appears poised to bring the ADA token much closer to investors, much in the same vein as other firms have brought bitcoin and ether. In the proposed structure, it would be Coinbase Custody Trust Company holding the ADA assets, ensuring the safety of the digital asset. The operational support, along with the impeccable command of regulatory compliance, would fall under the auspices of BNY Mellon Asset Servicing. This is Grayscale’s current gig for its crypto trusts, which have been hitting it out of the park for several years now. Why? Because they’re providing an institutional-grade path for investing in digital assets. When it comes to the evolution of cryptocurrency investments, Grayscale’s recent filing represents quite an achievement for the firm. The filing adds another major coin to the list and gives Grayscale’s ETF application for Cardano quite a serious aspect to it. Grayscale isn’t just some fringe player. It’s a well-respected name in the digital currency space. Their ETF application isn’t going to get ignored or laughed out of the room. And interest in Cardano isn’t going to diminish anytime soon. If anything, it’s on the increase as the crypto space’s interest in the coin deepens. A Historic Moment for Cardano and Crypto ETFs Should Grayscale’s Cardano ETF win the approval of regulators, it would send a historic wave through both the generally cryptocurrency space and the far more specific sphere of Cardano. Currently, Cardano stands as one of the few smart contract platforms that anoints anything approaching a reasonable amount of investment in its projects. Futures contracts and ETFs are the regulated, near-to-no-risk means of investment that hedge funds love. Should Grayscale’s ETF be approved, the most exciting part of it—again, for both the Cardano project and its associated cryptocurrency—would be that ADA as an asset would now be accessible to those investors. Getting the Cardano ETF approved would place it on par with Grayscale’s other significant assets. The company offers ETFs for two of the largest digital currencies by market cap: Bitcoin and Ethereum. Interest in Grayscale’s crypto ETFs is growing, especially from the company’s institutional investor base, which seems to be favoring the Grayscale model for secure, regulated access to the crypto markets. If the Grayscale Cardano ETF follows the lead of its two big siblings, it could soon become a go-to vehicle for those interested in accessing whatever upside might come from ADA’s burgeoning DeFi potential. Potential Challenges and SEC Scrutiny There are obstacles to overcome before Grayscale Cardano ETF can become a reality. The biggest challenge facing Grayscale Cardano ETF’s approval may be the SEC’s previous stance on ADA. In 2023, the SEC called ADA a security in the lawsuits it brought against Binance and Coinbase. Those lawsuits, and the public statements the SEC makes in them, could delay or complicate the approval of the Grayscale ETF. After all, the SEC has closely scrutinized many different cryptocurrencies over the years, and its position on ADA looks like it could become a substantial and significant hurdle for Grayscale Cardano ETF. Even with all these regulatory obstacles, Grayscale keeps hope alive. The latest thing from Grayscale is a request to the SEC to allow them to turn their Cardano trust into a directly investable ETF. They filed this request in the wake of ETPs becoming available in Europe, with Virtune AB launching one for Cardano on February 6. If international markets are amenable to Cardano ETF-like investment vehicles, why not the U.S.? Looking Ahead The Cardano ETF proposal filed by Grayscale signals something exhilarating for the crypto-investing world, especially for those who want to invest in ADA and have been waiting for a more regulated way to do so. Again, the SEC is evaluating the proposal. Whatever response it offers will give us some much-needed clarity on the matter of crypto ETFs in general. If the Grayscale Cardano ETF gets approved, it will make for an effective gateway drug to future well-regulated funds that offer investors exposure to crypto. At present, the SEC is the focus of everyone’s attention as it examines the submission. Should an affirmative result emerge, it would most likely ignite the all-too-frequent fires of controversy that seem to accompany the intersection of traditional finance and the decentralized digital currency world. Indeed, the Grayscale Cardano ETF could become a new touchstone for these often-contentious debates. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! 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