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Tellor $TRB emerges as a top performer in May 2024, leading the pack in whale transaction count. #Tellor #cryptocurrency #whalewatching

Tellor $TRB emerges as a top performer in May 2024, leading the pack in whale transaction count.

#Tellor #cryptocurrency #whalewatching

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Spot Ethereum ETF Approval Now Promoted By US Lawmakers With SEC
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Analysts believe there's a possibility that Bitcoin could surge to $140,000 within the next few months. This prediction is based on the idea that history tends to repeat itself in the crypto market. Here's a breakdown of the logic: * In the 2013 cycle, Bitcoin prices peaked at around $1,130, but it wasn't until March 2017 that they surpassed that level again. However, within three months of breaking the record, BTC prices doubled. * Similarly, when the 2017 all-time high of $20,000 was broken in December 2020, BTC prices doubled within a month. Following this pattern, if Bitcoin's 2021 all-time high of $69,000 was truly the peak, then prices could potentially double to around $140,000 in the coming months.
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The price of Bitcoin surged towards the $72,000 mark in the last 24 hours, following news about an Ethereum ETF. This surprising rise comes after weeks of stagnant movement in the cryptocurrency market. What do you think of this sudden surge? Is this the beginning of a new bull run for Bitcoin? Share your thoughts in the comments below. #Bitcoin #Cryptocurrency #ETF #Finance #EthereumETF
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Interesting news for the crypto world! Ethereum (ETH) is up 14% today, fueled by growing optimism about a potential spot Ether ETF approval by the SEC. This follows a period of declining expectations, with some analysts predicting as low as a 30% chance of approval in May. The reasons for the sudden surge in confidence are unclear, but it could be linked to recent developments or renewed industry lobbying efforts. It's important to remember that the SEC has not yet made a final decision, and there are still factors that could derail the approval process. However, this news is a positive sign for Ethereum investors and could further legitimize the cryptocurrency market as a whole. #Ethereum #ETH #SpotEtherETF #SEC #Cryptocurrency
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Binance Listing Report: VC Backing vs. Price Performance A recent report by crypto researcher Flow analyzed the performance of tokens listed on Binance. Interestingly, the report found that only 5 out of 31 tokens listed on the exchange maintained their price gains after listing, despite many being backed by top-tier venture capital firms and launching with high valuations. However, the report also highlighted some outliers. Several tokens that did not have major venture capital backing, such as ORDI, JUP, WIF, JTO, and MEME, showed surprising resilience. Over the past six months, these tokens experienced significant gains, with ORDI rising by approximately 262%, JTO by 62%, JUP by 58%, WIF by 117%, and MEME by 8.5%. This suggests that VC backing may not be the sole guarantee of a token's success. It's important to conduct thorough research before investing in any cryptocurrency, regardless of its listing platform or VC backing. #cryptocurrency #Binance #blockchain #investment #venturecapital
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