In recent cryptocurrency news, the US SEC and Binance have filed a joint motion requesting a 60-day pause in their legal case, indicating that the newly established SEC Crypto Task Force may influence future regulations. Analysts from Bloomberg suggest a 90% probability that a spot Litecoin ETF will receive approval from the SEC this year, positioning it favorably compared to other proposed ETFs for XRP, Solana, and Dogecoin, which have lower estimated approval chances. Furthermore, US authorities have proposed a plea deal for Eric Council Jr., accused of facilitating a hack on the SEC's X account in January 2024, which misrepresented a message about the approval of spot Bitcoin ETFs. The proposed deal includes a forfeiture order of $50,000 and a guilty plea to conspiracy charges, following the incident where hackers posted false information claiming the SEC had approved such investment vehicles.

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