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Ripple made a new move in its legal fight with the SEC. The company filed a response letter to the SEC's request, arguing that financial data would affect the outcome of the case. Ripple had wanted to seal and red-pen some evidence and financial documents, but the SEC opposed the move. 😮📝⚖️
The SEC wants Ripple to provide more information about its XRP sales years ago and play a key role in the legal process. However, Ripple states that the historical contracts have "no ongoing significance" because it has made certain changes to its XRP sales procedures.
The case began in December 2020, when the SEC accused Ripple of raising more than $1.3 billion in an unregistered securities offering through the sale of XRP. 📈🚀
Ripple is thought to have achieved three significant (but partial) court victories during the litigation process. The price of XRP rose after each victory. This could positively impact the value of the asset if the company achieves a decisive victory.
If you would like to learn more about the lawsuit and its potential impact on XRP's valuation, watch our video below and share your comments with us! 👇😉🎥
The SEC wants Ripple to provide more information about its XRP sales years ago and play a key role in the legal process. However, Ripple states that the historical contracts have "no ongoing significance" because it has made certain changes to its XRP sales procedures.
The case began in December 2020, when the SEC accused Ripple of raising more than $1.3 billion in an unregistered securities offering through the sale of XRP. 📈🚀
Ripple is thought to have achieved three significant (but partial) court victories during the litigation process. The price of XRP rose after each victory. This could positively impact the value of the asset if the company achieves a decisive victory.
If you would like to learn more about the lawsuit and its potential impact on XRP's valuation, watch our video below and share your comments with us! 👇😉🎥
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BlackRock, the world's largest asset manager, has filed a revised registration statement for its Ethereum ETF. The new S-1 filing also includes details about the company's seed equity investor. 📝According to analysis, spot Ether exchange-traded funds (ETFs) in the US could be launched by the end of June. 🚀
BlackRock announced its seed capital investor, which has committed to purchasing $10 million worth of shares on May 21, 2024. The investor eventually received 400,000 shares at a price of $25.00 each. It was stated that the shares will be listed and traded under the stock ticker "ETHA". 💼
This development comes on the same day that Hashdex withdrew its spot Ether ETF offering. No information was given about the reasons for Hashdex's decision or whether it plans to resubmit its offer. Competitors Fidelity, ARK 21Shares and Franklin Templeton are focused solely on spot-based Ether ETFs.
What do you think about this? We are waiting your comments! 🎤
BlackRock announced its seed capital investor, which has committed to purchasing $10 million worth of shares on May 21, 2024. The investor eventually received 400,000 shares at a price of $25.00 each. It was stated that the shares will be listed and traded under the stock ticker "ETHA". 💼
This development comes on the same day that Hashdex withdrew its spot Ether ETF offering. No information was given about the reasons for Hashdex's decision or whether it plans to resubmit its offer. Competitors Fidelity, ARK 21Shares and Franklin Templeton are focused solely on spot-based Ether ETFs.
What do you think about this? We are waiting your comments! 🎤
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"Bitcoin price is sensitive to inflation data!📊 According to the report of 10x Research analyst Markus Thielen, Bitcoin's price is sensitive to changes in Consumer Price Index (CPI) data. While high CPI creates a bear market for the cryptocurrency, low CPI creates a bull market .💹 Bitcoin ETF flows also follow CPI data closely.🔍
Knowing how Bitcoin reacts to CPI, investors should feel confident in trading in the opposite direction of the CPI change from the previous month.😉
There is a possibility that Bitcoin ETF inflows will remain strong over the next two weeks, pushing BTC to a new all-time high as we await the CPI data release on June 12.🚀
Currently, Bitcoin is trading around $68,000, down 1% on the day. Most altcoins are seeing larger losses today. So what do you think the future movements of Bitcoin will be? We are waiting for your comments!💬"
Knowing how Bitcoin reacts to CPI, investors should feel confident in trading in the opposite direction of the CPI change from the previous month.😉
There is a possibility that Bitcoin ETF inflows will remain strong over the next two weeks, pushing BTC to a new all-time high as we await the CPI data release on June 12.🚀
Currently, Bitcoin is trading around $68,000, down 1% on the day. Most altcoins are seeing larger losses today. So what do you think the future movements of Bitcoin will be? We are waiting for your comments!💬"
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ENS Labs has proposed extending the Ethereum Name Service (ENS) to layer-2 scaling protocols. 🎉 This aims to not only port some parts of the protocol, but to completely redesign the architecture with the knowledge gained over the last seven years on the frontiers of Web3. By expanding to layer-2, ENS will become more accessible and cheaper for a wider range of users. ⛓️ However, ENS Labs has not yet selected a specific layer-2 network for migration. ENS's price did not react to the announcement and was trading around $26 at the time of writing. 💰 ENS's price has almost doubled in the last two weeks; but it rose from $14 in mid-May before falling below $28, a three-month high, earlier this week. What do you think about the expansion of ENS? We are waiting your comments! 🚀👇
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Gemini's bankrupt crypto lending arm has reportedly successfully recovered nearly all of its clients' digital assets. The crypto exchange founded by billionaire entrepreneurs Cameron and Tyler Winklevoss announced on Wednesday that Gemini Earn customers "received $2.18 billion of their digital assets in kind." 🎉💰
“If you loaned a bitcoin to the Earn program, you will get one bitcoin back,” Gemini said. This means you'll receive any increase in value since your assets were loaned to the Earn program. 🚀
This successful recovery of Gemini stands out compared to other crypto firms that fell in 2022. Most other firms were able to recover only a portion of their clients' stolen assets. However, Gemini said it paid $1 billion more than when the asset withdrawals were frozen. This represents a 232% asset recovery in USD terms. 🎯
After the successful recovery, Gemini stated that it was solely responsible for Genesis' bankruptcy. Do you think this will increase confidence in the crypto market? We are waiting your comments! 👇
“If you loaned a bitcoin to the Earn program, you will get one bitcoin back,” Gemini said. This means you'll receive any increase in value since your assets were loaned to the Earn program. 🚀
This successful recovery of Gemini stands out compared to other crypto firms that fell in 2022. Most other firms were able to recover only a portion of their clients' stolen assets. However, Gemini said it paid $1 billion more than when the asset withdrawals were frozen. This represents a 232% asset recovery in USD terms. 🎯
After the successful recovery, Gemini stated that it was solely responsible for Genesis' bankruptcy. Do you think this will increase confidence in the crypto market? We are waiting your comments! 👇
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Long-term Bitcoin holders often tend to sell some of their holdings as the price of Bitcoin rises. This selling behavior was observed from the beginning of 2024 until April. However, those with Bitcoin UTXOs (unspent transaction outputs) older than 3 years continued to accumulate more BTC, indicating the strong long-term bullishness of this group. 🚀📈
According to CryptoQuant's latest findings, more than 50% of BTC's total supply has remained dormant on the blockchain for over a year due to their belief in Bitcoin's future value proposition despite price fluctuations.
As the price of the world's largest cryptocurrency rallied from the recent correction to $56,000, the 1-year and 2-year holder groups moved from a distribution (selling) phase to a holding phase, signaling renewed confidence in Bitcoin's upside potential.
However, CryptoQuant noted that a drop below the daily Ichimoku cloud could turn market sentiment bearish and potentially lead to a correction towards $64,000.
So, when is the next peak? 🤔
In every bull market cycle, LTH often begins to sell or distribute its Bitcoin holdings, which has also been observed in the current cycle.
According to another analysis by IntoTheBlock, the next market peak could occur within 140 to 260 days after LTHs start selling, pointing to a potential peak window between October 2024 and March 2025.
So what do you think, when will the next summit be? We are waiting your comments! 💬👇
According to CryptoQuant's latest findings, more than 50% of BTC's total supply has remained dormant on the blockchain for over a year due to their belief in Bitcoin's future value proposition despite price fluctuations.
As the price of the world's largest cryptocurrency rallied from the recent correction to $56,000, the 1-year and 2-year holder groups moved from a distribution (selling) phase to a holding phase, signaling renewed confidence in Bitcoin's upside potential.
However, CryptoQuant noted that a drop below the daily Ichimoku cloud could turn market sentiment bearish and potentially lead to a correction towards $64,000.
So, when is the next peak? 🤔
In every bull market cycle, LTH often begins to sell or distribute its Bitcoin holdings, which has also been observed in the current cycle.
According to another analysis by IntoTheBlock, the next market peak could occur within 140 to 260 days after LTHs start selling, pointing to a potential peak window between October 2024 and March 2025.
So what do you think, when will the next summit be? We are waiting your comments! 💬👇
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Former FTX co-CEO Ryan Salame was sentenced to 90 months in prison, according to the decision announced yesterday by Damian Lewis, U.S. Attorney for the Southern District of New York. 😱 Salame previously pleaded guilty to making illegal political donations and defrauding the Federal Election Commission.
Salame served as co-CEO of FTX Digital Markets between 2019 and 2021. 🏦 His legal representatives had demanded that he receive a prison sentence of at least 18 months. But US enforcement officials recommended a 10-year prison sentence.
Salame helped FTX grow through his illegal political influence campaign and unlicensed money transfer operation. This has damaged public confidence in American elections and the integrity of the financial system.
Salame also collaborated with Bankman-Fried and others to transfer customer funds in a license-free manner using FTX, Alameda Research and “North Dimension.” 🤝 These donations were aimed at improving Bankman-Fried's reputation in Washington, D.C., raising FTX's visibility and strengthening her relationships with candidates aligned with her interests.
The 30-year-old former FTX executive was sentenced to 3 years of probation and forfeiture of over $6 million. He was also ordered to pay restitution in excess of $5 million.
How do you think this will affect the cryptocurrency markets? We are waiting your comments! 😊👇
Salame served as co-CEO of FTX Digital Markets between 2019 and 2021. 🏦 His legal representatives had demanded that he receive a prison sentence of at least 18 months. But US enforcement officials recommended a 10-year prison sentence.
Salame helped FTX grow through his illegal political influence campaign and unlicensed money transfer operation. This has damaged public confidence in American elections and the integrity of the financial system.
Salame also collaborated with Bankman-Fried and others to transfer customer funds in a license-free manner using FTX, Alameda Research and “North Dimension.” 🤝 These donations were aimed at improving Bankman-Fried's reputation in Washington, D.C., raising FTX's visibility and strengthening her relationships with candidates aligned with her interests.
The 30-year-old former FTX executive was sentenced to 3 years of probation and forfeiture of over $6 million. He was also ordered to pay restitution in excess of $5 million.
How do you think this will affect the cryptocurrency markets? We are waiting your comments! 😊👇
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PayPal is moving its PYUSD stablecoin on Ethereum to the Solana blockchain! 🚀 This move will allow users to choose between multiple blockchain networks for greater flexibility and control over their transactions and assets. PayPal cited Solana's ability to process large amounts of transactions at high speed and at low cost as the main motivation for bringing PYUSD to the network. 🎯 “PYUSD was created to revolutionize commerce again by providing a fast, easy and cheap payment method for the next evolution of the digital economy,” said Jose Fernandez da Ponte, Senior Vice President of PayPal's Blockchain, Cryptocurrency and Digital Currency Group. 🌐 How do you think this development will affect PayPal's PYUSD's competition with already established players such as USDT and Circle USDC? We are waiting your comments! 👇
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🐸Frog-themed cryptocurrency Brett (BRETT) rose 130% in the last month to reach an all-time high of $0.09, with a market cap of $900 million.🚀
- BRETT's market cap is currently around $900 million according to CoinGecko data, with the $1 billion mark being targeted.
- It is thought that the fact that leading exchanges offer trading services with BRETT may have triggered the impressive rally.📈
- Crypto X is full of analysts who believe that BRETT's bull run is still at the beginning. Andrew Crypto praised the token's new ATH and predicted that if the market valuation holds at its current level, it could rise to a staggering $1.5 billion.🔮
- However, despite the rapid price increase, BRETT is still behind the leading frog-themed meme coin Pepe (PEPE). PEPE's market cap rose above $7 billion earlier this week.
Trading with meme coins can be quite risky, so check out our video below before jumping on the bandwagon.🎥 Don't forget to share your opinions in the comments!💬#cryptocurrency#blockchain#BRETT#PEPE
- BRETT's market cap is currently around $900 million according to CoinGecko data, with the $1 billion mark being targeted.
- It is thought that the fact that leading exchanges offer trading services with BRETT may have triggered the impressive rally.📈
- Crypto X is full of analysts who believe that BRETT's bull run is still at the beginning. Andrew Crypto praised the token's new ATH and predicted that if the market valuation holds at its current level, it could rise to a staggering $1.5 billion.🔮
- However, despite the rapid price increase, BRETT is still behind the leading frog-themed meme coin Pepe (PEPE). PEPE's market cap rose above $7 billion earlier this week.
Trading with meme coins can be quite risky, so check out our video below before jumping on the bandwagon.🎥 Don't forget to share your opinions in the comments!💬#cryptocurrency#blockchain#BRETT#PEPE
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There is a sustained consolidation in the $7.4 resistance zone, indicating an ongoing struggle between Polkadot (DOT) buyers and sellers. 😮 Technical analysis shows that DOT is at a critical point that will shed light on its future prospects. 📈📉 The price is fluctuating around a critical resistance set by the important 100-day moving average and the $7.4 level. Currently, market participants are expecting a rejection towards the $6.5 threshold in the short term. However, an unexpected surge above this critical resistance zone could trigger a massive short squeeze, increasing bullish momentum. So what do you think the future of DOT will be? We are waiting your comments! 😊#Polkadot#CryptoNews #Blockchain
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Bitcoin price failed to break the psychological $70,000 barrier. However, it started to rise after recovering from the 60K support level. 😅 Still, the upper trend line of the channel has rejected Bitcoin and the 68K support zone is currently being tested. 📉 If this level holds, it may only be a matter of time before Bitcoin reaches a new all-time high. However, a decline could lead to a correction towards the 60K support level. 💣
Long-term investors do not appear to be showing any aggressive selling pressure. In fact, long-term holders are just realizing profits as they do in any bull trend, slow and steady. 🐢
Long-term holders' Expected Output Age Band has decreased even more at lower prices, indicating that long-term holders are anticipating higher prices. After all, a decrease in supply can lead to a further increase in price if there is enough demand. 🚀
Do you think Bitcoin can make a new peak? Or will it drop to the 60K support level? We are waiting your comments! 📣
Long-term investors do not appear to be showing any aggressive selling pressure. In fact, long-term holders are just realizing profits as they do in any bull trend, slow and steady. 🐢
Long-term holders' Expected Output Age Band has decreased even more at lower prices, indicating that long-term holders are anticipating higher prices. After all, a decrease in supply can lead to a further increase in price if there is enough demand. 🚀
Do you think Bitcoin can make a new peak? Or will it drop to the 60K support level? We are waiting your comments! 📣
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According to Glassnode's latest report, long-term Bitcoin holders have continued their savings. 📈 This is the first time this has happened since December 2023 and follows a period of several months of selling.
“As Bitcoin continues to consolidate very near its all-time high, long-term holders have begun accumulating again for the first time since December 2023,” the report said.
Last week, US-based spot Bitcoin ETFs experienced net inflows averaging $242 million per day. 😲 This suggests that the uptrend seen in 2023-24 is largely driven by spot markets.
This renewed interest immediately caused buy-side activity, leading to significant price movements across all time frames, the report said.
It was stated that Ethereum has underperformed compared to other leading crypto assets in the last two years. However, analysts believe that the SEC's approval of US spot Ethereum ETFs levels the playing field between Bitcoin and Ethereum.
What do you think about this news? We are waiting your comments! 💬👇
“As Bitcoin continues to consolidate very near its all-time high, long-term holders have begun accumulating again for the first time since December 2023,” the report said.
Last week, US-based spot Bitcoin ETFs experienced net inflows averaging $242 million per day. 😲 This suggests that the uptrend seen in 2023-24 is largely driven by spot markets.
This renewed interest immediately caused buy-side activity, leading to significant price movements across all time frames, the report said.
It was stated that Ethereum has underperformed compared to other leading crypto assets in the last two years. However, analysts believe that the SEC's approval of US spot Ethereum ETFs levels the playing field between Bitcoin and Ethereum.
What do you think about this news? We are waiting your comments! 💬👇
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Dogecoin price increased by 10% in the last two weeks! 🚀 Analysts see potential for more gains if it breaks resistance at a certain level. Some key indicators, such as the RSI rate, suggest there is potential for a rally in the short term. 📈 Dogecoin remains the largest meme coin in terms of market cap. Its price is currently at $0.165. Analysts such as Ali Martinez believe that the uptrend may continue if important price levels are crossed. 🤔 DOGE's significant resistance lies between $0.166 and $0.171. Once this hurdle is overcome, DOGE has the potential to double. What do you think the Dogecoin price will be? We are waiting your comments! 💬👇
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🎉 Blocksquare, the real-world assets (RWA) tokenization protocol, announced that it has tokenized $100 million worth of real estate on its platform. 🏢 These tokenized assets include restaurants, hotels, healthcare facilities, apartments and parking lots located in 21 countries.
🚀 This tokenization, which took place with the launch of Blocksquare's decentralized finance platform called Oceanpoint v0.5, achieved its goal of empowering real estate tokenization start-ups.
🥳 In 2023, Blocksquare reached a significant milestone by performing the world's first notarized real estate tokenization and integrating it with Slovenian land records.
👏 This achievement demonstrates Blocksquare's commitment to innovation and security in the real estate tokenization industry.
💬 Don't you think this shows that there is great value in tokenizing real estate to create a new bridge to investing in traditional assets? We are waiting your comments!
🚀 This tokenization, which took place with the launch of Blocksquare's decentralized finance platform called Oceanpoint v0.5, achieved its goal of empowering real estate tokenization start-ups.
🥳 In 2023, Blocksquare reached a significant milestone by performing the world's first notarized real estate tokenization and integrating it with Slovenian land records.
👏 This achievement demonstrates Blocksquare's commitment to innovation and security in the real estate tokenization industry.
💬 Don't you think this shows that there is great value in tokenizing real estate to create a new bridge to investing in traditional assets? We are waiting your comments!
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Binance, the world's leading cryptocurrency exchange, continues to make changes to its platform to improve user experience and respond to market trends. 🚀 Binance will add new trading pairs on Spot: BTC/MXN, XRP/MXN, ENS/USDC and LDO/USDC. 🌍 It will also offer trading bot services for these pairs. However, starting May 31, CAKE/TUSD, DYDX/BNB, and LAZIO/BTC will be removed from trading pairs. 😮
Binance will perform wallet maintenance on the Ethereum network on May 29 and will temporarily suspend deposits and withdrawals on the ETH network during this period. 🛠️
What do you think about these new moves by Binance? We are waiting your comments! 👇
Binance will perform wallet maintenance on the Ethereum network on May 29 and will temporarily suspend deposits and withdrawals on the ETH network during this period. 🛠️
What do you think about these new moves by Binance? We are waiting your comments! 👇
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🚀 Shiba Inu (SHIB), the self-proclaimed Dogecoin killer, surged 16% to a market cap of $16.9 billion, becoming the 11th largest cryptocurrency. 🐕 This coincided with a general meme coin revival. SHIB surpassed DOGE and PEPE in 24-hour trading volume, reaching almost $1.9 billion. 🎉 There may be factors behind this revival, such as the increase in the number of tokens burned by the SHIB team and the development of the scaling solution called Shibarium. Those who want to learn more about SHIB's story can check out the video below. Do you think SHIB's rise will continue? We are waiting your comments! 📈👇
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On May 28, BlackRock surpassed Grayscale to become the largest spot Bitcoin ETF with 288,671 BTC. 🎉 BlackRock's IBIT required just 96 trading days to close the huge gap with Grayscale's GBTC. IBIT has now reached an impressive AUM of approximately $19.79 billion. During the same period, GBTC's AUM fell by approximately $18 billion to $19.75 billion. 😮
Nine new Bitcoin ETFs were introduced on January 11, including BlackRock and Fidelity. With these developments, the well-established Grayscale fund also turned into an ETF. This event significantly increased Bitcoin's accessibility to investors, pushing its value as high as $74,000 in March. 🚀
According to the latest data compiled by SoSoValue, Bitcoin ETFs recorded net inflows yesterday totaling 632 BTC, worth $43.3 million. BlackRock managed the funds with $102 million. Fidelity also added $34 million.
Share your thoughts in the comments! What do you think about Grayscale falling to second place? 🤔#Bitcoin#ETF#BlackRock#Grayscale
Nine new Bitcoin ETFs were introduced on January 11, including BlackRock and Fidelity. With these developments, the well-established Grayscale fund also turned into an ETF. This event significantly increased Bitcoin's accessibility to investors, pushing its value as high as $74,000 in March. 🚀
According to the latest data compiled by SoSoValue, Bitcoin ETFs recorded net inflows yesterday totaling 632 BTC, worth $43.3 million. BlackRock managed the funds with $102 million. Fidelity also added $34 million.
Share your thoughts in the comments! What do you think about Grayscale falling to second place? 🤔#Bitcoin#ETF#BlackRock#Grayscale
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Crypto whales and sharks can swing the market in one direction just by moving their assets. Monitoring the activities of these market stakeholders can help traders prepare for the next possible move in an asset's price. 🐋🦈
Santiment's analysis found that Bitcoin whale activity has decreased. However, they noted that this situation is not alarming because major stakeholders are currently unable to find significant opportunities to make or accumulate profits. 📉
On the other hand, Ethereum stakeholders have been persistent in accumulating ETH. Over the last 14 months, wallets holding at least 10,000 ETH have accumulated 21.39 million ETH, increasing their balance by 27%. 📈
Santiment analysts predict that Ethereum's gains over Bitcoin will continue if wallets holding more than 10,000 ETH continue to increase their holdings. Do you think this trend will continue? We are waiting your comments! 👇
Santiment's analysis found that Bitcoin whale activity has decreased. However, they noted that this situation is not alarming because major stakeholders are currently unable to find significant opportunities to make or accumulate profits. 📉
On the other hand, Ethereum stakeholders have been persistent in accumulating ETH. Over the last 14 months, wallets holding at least 10,000 ETH have accumulated 21.39 million ETH, increasing their balance by 27%. 📈
Santiment analysts predict that Ethereum's gains over Bitcoin will continue if wallets holding more than 10,000 ETH continue to increase their holdings. Do you think this trend will continue? We are waiting your comments! 👇
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A change is taking place in the cryptocurrency exchange landscape: HTX surpasses Coinbase in spot trading volume for the first time! 🎉🚀 This great success was announced by Justin Sun, founder of the TRON blockchain and global advisor of HTX. "This is just the beginning, we're just getting started," Sun said. 😎
According to CoinGecko data, HTX currently handles approximately $2.4 billion in daily spot trading volume, solidifying its position as one of the largest cryptocurrency exchanges in the world. Coinbase, on the other hand, lags behind HTX and Bitrue with a daily spot transaction volume of approximately $2 billion.
HTX, formerly Huobi, is one of the oldest and largest cryptocurrency exchanges in the world. In September 2023, the platform rebranded as HTX to celebrate its 10th anniversary.
So what do you think? We are waiting for your comments about this success of HTX! 👇👇👇
According to CoinGecko data, HTX currently handles approximately $2.4 billion in daily spot trading volume, solidifying its position as one of the largest cryptocurrency exchanges in the world. Coinbase, on the other hand, lags behind HTX and Bitrue with a daily spot transaction volume of approximately $2 billion.
HTX, formerly Huobi, is one of the oldest and largest cryptocurrency exchanges in the world. In September 2023, the platform rebranded as HTX to celebrate its 10th anniversary.
So what do you think? We are waiting for your comments about this success of HTX! 👇👇👇
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Another company has been found willing to emulate MicroStrategy's strategy of investing all its assets in Bitcoin. Semler Scientific (SMLR), a little-known medical company listed on NASDAQ, announced that it has accepted Bitcoin as its “primary treasury reserve asset,” which will now be purchased using the company's excess cash. 😮💰🚀
Semler made his first purchase of 581 BTC at a cost of $40 million, including taxes and expenses. Before trading ended Tuesday, SMLR stock rose as much as 38% to a peak of $33.25.
Semler said he recognized Bitcoin as "digital gold." Although Bitcoin is a powerful store of value because it has a limited supply, it is much easier to carry because it is digital.
The company said it will continue to operate its profitable healthcare company and will actively evaluate how it uses its excess cash. Bitcoin will be used as the main treasury holding "subject to market conditions and Semler Scientific's expected cash needs."
What are your thoughts? We are waiting your comments! 👇
Semler made his first purchase of 581 BTC at a cost of $40 million, including taxes and expenses. Before trading ended Tuesday, SMLR stock rose as much as 38% to a peak of $33.25.
Semler said he recognized Bitcoin as "digital gold." Although Bitcoin is a powerful store of value because it has a limited supply, it is much easier to carry because it is digital.
The company said it will continue to operate its profitable healthcare company and will actively evaluate how it uses its excess cash. Bitcoin will be used as the main treasury holding "subject to market conditions and Semler Scientific's expected cash needs."
What are your thoughts? We are waiting your comments! 👇
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Turn $10 to $500 On Binance: New Crypto Arbitrage Strategy - Earn $20 In Minutes!
A few days ago, a profitable method on CoinMarketCap was shared. There's always a profit to be made with the right strategies. Here’s a step-by-step guide to help maximize earnings using Cyber Coin on Binance.
Search Cyber Coin: Go to CoinMarketCap and look for Cyber Coin.
Market Comparison: Check the different exchanges selling Cyber. Notice the price differences.
Buy Low, Sell High: On Binance, buy Cyber with USDT at a lower price.
Sell on Binance: Sell Cyber on a different pair for a higher price. Example: Buy Cyber/USDT at $6.12 and sell Cyber/TRY at $6.29.
Conversion: Convert the Turkish Lira back to USDT.
Steps in Detail:
Open Binance: Ensure you have capital. Start with as little as $10, but more capital means more profit.
Buy Cyber: Buy Cyber/USDT. For example, $1,000 will give approximately 163.23 Cyber.
Sell Cyber: Sell Cyber for TRY. Note the amounts and set your sell limit higher than the current selling price.
Swap Back to USDT: Convert TRY back to USDT. Ensure the exchange rate is profitable.
Important Tips:
Speed Matters: Be quick to catch the price differences.
Monitor Prices: Profits can fluctuate. Always check current rates before trading.
Simulation: Always simulate trades to ensure profitability.
Stay tuned for more crypto insights! 👍 Generous contributions support the mission, enabling diligent work to provide the best investment advice. Tips are instrumental in enhancing efforts to serve better.
Disclaimer: This strategy involves risks. Ensure to understand the market dynamics before investing. Happy trading!
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