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The address marked as Justin Sun pledged about 150,000 ETH (about 240 million U.S. dollars) to Lido to exchange for stETH. According to lookonchain. #addresses #DeFi #wallet #justinsun #ETH

The address marked as Justin Sun pledged about 150,000 ETH (about 240 million U.S. dollars) to Lido to exchange for stETH. According to lookonchain.

#addresses #DeFi #wallet #justinsun #ETH

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Wow, talk about a game-changer in the finance world! 🌐💼 JPMorgan Chase, the big boss of American banks, just let the cat out of the bag 🐱📈. They've got skin in the Bitcoin game now, holding a cool **$760,000** worth of spot Bitcoin ETFs for their clients. This is hot on the heels of Wells Fargo, another banking heavyweight, showing off their Bitcoin ETF stash. It's like traditional finance and Bitcoin just updated their relationship status to "It's complicated." 💑💰 It's a bold move that's got everyone's attention and could mean big things for Bitcoin's place in the big leagues! 🚀🏦 #BTC #ETFvsBTC #ETF
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Navigating Bitcoin Investments: ETFs vs. Direct Purchases
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🚀 EigenLayer's highly anticipated crypto airdrop is facing backlash due to token distribution details. 💰 Accumulated $16B in deposits before official launch, but project lacked functionality. 🎯 Token distribution criticism stems from non-transferable tokens, regional restrictions, and "Season 1" distribution plan. 🤔 Community angered by mismanagement of expectations and exclusionary policies. 🛠️ EigenLayer revised plans but may struggle to regain community trust. ❌ Similar points programs in crypto facing criticism, signaling potential end of the practice. 💡 Points intended to encourage activity pre-token launch but create information asymmetry and regulatory concerns. 💔 Points failures may lead to the demise of the practice, raising doubts about the future of such initiatives. #EigenLayer
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$52K - $59K range will be your last chance to create generational wealth. Your actions or lack of will determine how your life will be in the next 18 months. Set your limit orders just in case. #IYKYK #bitcoin #BuyTheDip
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Ethereum: The Death of “Ultra Sound” Money The Dencun upgrade has made ETH inflationary again, sparking debates about the future of the "Ultra Sound" money narrative. Let’s dive into the details. "Ultrasound money" suggests Ethereum could be a superior form of "sound money" compared to Bitcoin, aiming to decrease its supply over time through strategic upgrades like EIP-1559 and The Merge. Post-Merge, Ethereum seemed aligned with this narrative, even showing a slight reduction in total ETH supply. However, the Dencun upgrade presents new challenges by reducing transaction fees and the ETH burn rate, leading to an increase in supply. This upgrade has decoupled Ethereum's transaction fees from network activity, reducing the burn rate even amid high activity. While this results in lower user fees, it complicates the deflationary mechanism set by The Merge, now requiring significantly increased network activity to maintain deflation. Source : CryptoQuants #ETH #UltraSoundMoney #Ethereum
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