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Hi Guys ⚠️⚠️⚠️ Grayscale Will Exhaust in Bitcoin Holdings in 96 Days, Says Arkham In a recent turn of events, Arkham Intelligence has unveiled asset manager Grayscale’s astounding Bitcoin transfers since the launch of Bitcoin ETFs on January 11. Reportedly, Grayscale has moved a total of 266,470 Bitcoins out of their wallets for GBTC redemptions. According to the surprising estimations of Arkham Intelligence, GBTC’s Bitcoin holdings will exhaust in 96 days at the current rate of redemptions. The platform added that the transfer of BTC marks a rate of 25.9K BTC per week. Source: Arkham Intelligence Chinese crypto journalist Colin Wu has recently drawn the readers’ attention to Arkham Intelligence’s insights on Grayscale’s Bitcoin transfer and the potential exhaustion of BTC holdings. On his official Wu Blockchain page on X, Wu asserted that Grayscale is considering “lowering fees and launching mini ETFs.” $BTC #HotTrends #BTC #Write2Erarn #CryptoEducation💡🚀 #BTChaving2024

Hi Guys ⚠️⚠️⚠️

Grayscale Will Exhaust in Bitcoin Holdings in 96 Days, Says Arkham

In a recent turn of events, Arkham Intelligence has unveiled asset manager Grayscale’s astounding Bitcoin transfers since the launch of Bitcoin ETFs on January 11. Reportedly, Grayscale has moved a total of 266,470 Bitcoins out of their wallets for GBTC redemptions.

According to the surprising estimations of Arkham Intelligence, GBTC’s Bitcoin holdings will exhaust in 96 days at the current rate of redemptions. The platform added that the transfer of BTC marks a rate of 25.9K BTC per week.

Source: Arkham Intelligence

Chinese crypto journalist Colin Wu has recently drawn the readers’ attention to Arkham Intelligence’s insights on Grayscale’s Bitcoin transfer and the potential exhaustion of BTC holdings. On his official Wu Blockchain page on X, Wu asserted that Grayscale is considering “lowering fees and launching mini ETFs.”

$BTC

#HotTrends #BTC #Write2Erarn #CryptoEducation💡🚀 #BTChaving2024

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Hi Guys, It's Big & Big #alert About $SHIB #BullRun! Is a Shiba Inu (SHIB) Bull Run Incoming? Important Metric Dips to a Two-Year Low SHIB Might be Gearing up for a Bull Run The cryptocurrency market has witnessed a significant revival in the past week, with numerous leading assets, such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Solana (SOL), being well in the green. The popular meme coin – Shiba Inu (SHIB) – has recorded even more substantial gains than the aforementioned, with its price rising by 20% on a 7-day scale. Various analysts outline optimistic predictions that the token is about to experience another bull run, while some important factors indicate the same scenario. According to CryptoQuant, SHIB exchange reserves have dropped to around 150 trillion assets this week, the lowest level registered since February 2022. A reduction in that metric means fewer Shiba Inu tokens are available for trading, resulting in enhanced scarcity and a potential price appreciation in time (assuming demand rises or stays the same).  CryptoQuant’s data also shows that SHIB exchange netflow has been predominantly negative in the past week. Shifting from centralized platforms to self-custody methods is considered bullish since it decreases the immediate selling pressure. #Memecoins #SHİB #Write2Earrn
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Hi Guys, It's Big & Big News #alert About $XRP ! Ripple counters $2 billion SEC fine: public backlash swings favor away from SEC As Ripple challenges the SEC’s $2 billion demand, is the tide of public opinion turning against the regulator, fueled by frustrations within the crypto community? In the ongoing legal tussle between Ripple (XRP) and the U.S. SEC, the stakes are high as the SEC pursues a staggering $2 billion fine against the blockchain company.  The list of claims includes $876 million in compensatory damages, $198 million in interest on the amount mentioned, and another $876 million in civil penalties. The company’s response, outlined in a court filing dated Apr. 22, proposes a different approach: advocating for a civil penalty not exceeding $10 million. Stuart Alderoty, Ripple’s Chief Legal Officer, suggested the company’s position in a statement on X, highlighting that the case lacks allegations or findings of recklessness or fraud.  Our opposition to the SEC’s request for $2B in penalties for legacy institutional sales is now public. In a case that had no allegations (or findings) of recklessness or fraud, and in which Ripple won on significant issues, the SEC’s ask is just more evidence of its ongoing He suggested the SEC’s demand as part of a broader pattern of intimidating actions against the crypto industry in the U.S. Ripple CEO Brad Garlinghouse echoed these sentiments, warning of the long-term repercussions of the SEC’s actions and policies.  #bitcoinhalving #Memecoins #Token2049 #Write2Earrn
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Hi Guys, Popular Mem Token Floki (FLOKI) Announced a Surprise Altcoin Partnership, Prices Mobilized! Floki Inu has partnered with Alchemy Pay to integrate the On-Ramp Service into its website for fiat-based FLOKI purchasing. Floki, the public cryptocurrency and utility token of the Floki Ecosystem, has seamlessly integrated Alchemy Pay's Ramp Service into its website. With the inclusion of Alchemy Pay, Floki's global community can easily purchase its utility token, FLOKI, using fiat currencies in 173 regions and countries. This partnership with Alchemy Pay marks an important step towards a more accessible and user-friendly onboarding process for Floki. “By simplifying the complexities involved in purchasing FLOKI on both centralized and decentralized exchanges, Alchemy Pay's enhanced fiat-to-crypto gateway appeals to Floki's large community base and helps attract new users from around the world. #Memecoins #FlokiRoadmap2024 #Write2Earrn #TrenddingTopic #MemeCoinsToTheMoon
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