LTC Market Holds Steady as SEC Delays Trump-Linked Bitcoin ETF Decision to 2025
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Truth Social Bitcoin ETF, a fund associated with Trump Media & Technology Group, extending the deadline to September 2025. This delay underscores the heightened regulatory scrutiny surrounding cryptocurrency products linked to political figures, as authorities assess potential market risks and conflicts of interest. Despite the news, Bitcoin's price remained stable around $117,500, reflecting resilience in the broader ETF approval landscape. The decision highlights the cautious approach regulators are taking toward crypto investments tied to high-profile personalities, with implications for market sentiment and future ETF approvals. As the crypto community awaits further developments, the focus shifts to how such delays might influence investor confidence and the trajectory of digital assets like LTC in the evolving financial ecosystem.
SEC Delays Decision on Trump-Linked Bitcoin ETF, Extends Deadline to 2025
The U.S. Securities and Exchange Commission has pushed back its ruling on the Truth Social Bitcoin ETF, a fund backed by Trump Media & Technology Group, to September 2025. The delay reflects heightened scrutiny over crypto products tied to political figures, with regulators weighing market risks and potential conflicts of interest.
Bitcoin held steady near $117,500 amid the news, while the broader ETF approval backlog grows—including Grayscale’s Solana Trust and Canary Capital’s Litecoin proposal. Senators Warren and Merkley previously flagged concerns about foreign influence in Trump-affiliated crypto ventures, amplifying the politicization of digital asset oversight.
Unilabs (UNIL) Gains Traction as Cardano and Litecoin Face Corrections
Unilabs (UNIL) is emerging as a dark horse in the crypto market, drawing institutional and retail interest during its presale phase. Analysts speculate it could deliver 100x returns within 80 days, potentially outpacing established assets like Litecoin (LTC) and Cardano (ADA).
Cardano's price struggles to maintain momentum after a 60% July rally, now testing critical support at $0.80. A breakdown below the 20-day moving average could trigger further declines, despite crypto analyst thecryptoyapper noting potential for a rebound toward $1.01 resistance if support holds.
Litecoin shows indecision at key technical levels while Unilabs capitalizes on market attention. The contrast highlights shifting capital flows toward newer projects during periods of consolidation for major altcoins.
Cardano, Litecoin, and DeSoc: Potential for 2,000% Growth by 2025
Cryptocurrency investors are weighing the potential of Cardano, Litecoin, and decentralized social media (DeSoc) projects to deliver exponential gains by the end of 2025. While cardano and Litecoin boast established track records, DeSoc represents an emerging frontier in blockchain-based social interaction and monetization.
Cardano's recent introduction of the Emurgo Card—a multifunctional tool combining payments, staking, and yield generation—has ignited speculation about ADA's price trajectory. Technical indicators show ADA consolidating above $0.49 support, with analysts targeting $1.19 as the next resistance level. The token has already surged 99.87% year-to-date.
Litecoin demonstrates renewed momentum following MEI Pharma's cryptocurrency initiative, posting a 60% price appreciation. Meanwhile, DeSoc protocols aim to disrupt traditional social media models by enabling user-owned networks and value capture.
