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US says Signature bank closed today by state authority. #SignatureBank #web2 #bank #SVB

US says Signature bank closed today by state authority.
#SignatureBank  #web2  #bank  #SVB  

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Binance Trading Volume Reached a Record Level. 🔥⚡ Binance, the world's leading cryptocurrency exchange, has recently made headlines by achieving a remarkable milestone in spot trading volume. As of March 2024, the platform recorded a staggering $1.12 trillion in trading volume, marking its highest level since May 2021. This surge in trading activity harkens back to a period of significant growth in the crypto market, reflecting renewed interest and heightened participation, especially with Bitcoin reaching new record highs in recent weeks. Binance's dominance in the market is undeniable, with nearly half of all cryptocurrency transactions flowing through its platform. This underscores its pivotal role in the crypto ecosystem and reaffirms its position as a key player in the industry. Despite facing legal and regulatory challenges, Binance has demonstrated resilience, managing to regain investor trust and increase its market share. This is evident in the substantial uptick in trading volume, showcasing the platform's ability to thrive amid adversity. While the current surge in trading volume is noteworthy, it's essential to temper expectations. Past performance does not guarantee future results, and the current activity may not necessarily lead to a repeat of the price surges witnessed in 2021. Nonetheless, it does signal growing confidence and activity within the cryptocurrency space. As always, it's crucial for investors to exercise caution and conduct thorough research before making any investment decisions. This content serves as a snapshot of recent market developments and does not constitute investment advice. Individuals should seek guidance from financial professionals to ensure informed decision-making. Stay informed, stay cautious, and embrace the dynamic nature of the cryptocurrency market. #Binance #tradingvolume #crypto #cryptocurrency #BullorBear

PrivateAI IDO Launches on SeaPad. 🤯⚡ Secure and monetize data effortlessly with PrivateAI's innovative platform, leveraging AI and decentralized science (DeSci) technologies. Private AI, established by the minds behind SingularityNET ($AGIX), Fantom ($FTM), Syscoin ($SYS), Dogecoin ($DOGE), and Ambrosus ($AMB), enjoys the support of Microsoft's Founders Hub. 🔹IDO Schedule: - Registration deadline: 2:00 UTC on April 7, 2024 - Start time: 13:00 UTC on April 7, 2024 - End time: 19:00 UTC on April 8, 2024 🔹IDO Details: - Total raise: $300,000 - Ticker: PGPT - Network: BSC (Binance Smart Chain) - Sale price: $0.333 per token - Vesting: 8.33% at TGE (Token Generation Event), followed by 11 months of linear vesting - 24-hour refund policy for added security #PrivateAI #SeaPad #PGPT #DeSci #IDO

April Crypto Events. 🗓️📌 🔹The CPI Drama Unfolds (April 10): The US releases the March Consumer Price Index (CPI) figures, influencing future interest rate decisions and potentially leading to a rate cut this summer. 🔹Coinbase vs. SEC: The Showdown (April 19): A federal judge rules on Coinbase's operation potentially violating securities laws. The outcome could reshape how crypto businesses operate in the US, signaling the SEC's stringent stance on regulations. 🔹Bitcoin’s Big Halving Event (April 25): Bitcoin's next halving event occurs, reducing miners' rewards from 6.25 BTC to 3.125 BTC. This milestone affects Bitcoin's value and transaction processing speed, sparking discussions in the crypto community. 🔹The Sentencing of Changpeng Zhao (April 30): Binance's CEO faces sentencing for failing to maintain an adequate anti-money laundering program, highlighting the regulatory challenges crypto companies navigate. April 2024 is poised to be a significant month in the crypto world, with events ranging from regulatory battles to pivotal milestones in major cryptocurrencies. Stay tuned for updates on these developments that could shape the future of the crypto landscape. #CryptoApril #btc #bitcoin #cz

FTX Sells Up to 30 Million SOL Tokens at $64 Each. 🤯💸 In a significant move, FTX, under its leadership, recently executed a sale of between 25 to 30 million Solana tokens. The tokens were offered at an enticing 60% discount, pegged at $64 per SOL token, attracting notable buyers such as Galaxy Digital and Pantera Capital. FTX's decision to divest two-thirds of its Solana tokens, amounting to a staggering $2.6 billion valuation according to Bloomberg, marks a pivotal moment in the crypto space. Buyers of these tokens agreed to a gradual unlocking over four years, signaling a long-term commitment to the Solana ecosystem. Despite potential risks, buyers stand to reap substantial rewards, with projections suggesting profits of up to $3.4 billion even if Solana's price remains stable. Notably, Galaxy Digital spearheaded a fundraising effort, amassing approximately $620 million aimed specifically at acquiring Solana from FTX. Similarly, Pantera Capital secured around $250 million for acquiring assets from the exchange. Neptune Digital Assets Corp also made a significant move, acquiring nearly 30,000 SOL tokens at a remarkable 67% discount in March 2024, further diversifying the investor landscape surrounding Solana. However, FTX's actions have not been without criticism. Some users have expressed dissatisfaction, claiming that the assets belonged to them, highlighting the complexities of ownership and stewardship in the digital asset space. Solana's price sits at $176, with a market cap of over $77.8 billion, despite controversies. It recently surpassed $200, underscoring its resilience and rising significance in decentralized finance. FTX's sale of SOL tokens highlights the crypto market's maturity and institutional interest in emerging blockchain ecosystems like Solana. Backed by key players like Galaxy Digital and Pantera Capital, Solana's trajectory seems set for growth and innovation ahead. #FTX #SOL #Solana⁩ #ftt #sbf

Nexis Network Leads Decentralized Advancement in Web3

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