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📉 Solana Funds Mark Record Losses While Bitcoin ETFs Gain 📈 💥 Solana’s Record Outflows: 🔻 $39 Million Pulled: Investors withdrew a record $39 million from Solana-based funds last week. 📉 Meme Coin Impact: Declining trading volumes of Solana-based meme coins, like Dogwifhat (WIF) and Bonk, contributed to this massive outflow. 🌍 Global Reach: Outflows primarily affected European and Asian markets, as U.S. investors still await Solana ETPs. 💰 Bitcoin ETFs See Modest Gains: 💵 $42 Million Inflows: Bitcoin funds saw $42 million in new investments, up from $13 million the previous week. 📊 Spot ETFs Lead the Way: Approved by the SEC in January, Bitcoin spot ETFs from giants like BlackRock and Fidelity are leading the charge on American stock exchanges. 📉 Market Overview: 📉 Crypto Fund Inflows Down: Total inflows fell to $30 million last week from $176 million the week prior. 🔄 Price Movement: Bitcoin trades at $58,500, down 12% over the past 30 days, while Solana sits at $144, down 15%. 🌐 Crypto Market in Flux: As Solana faces challenges, Bitcoin remains a stronghold for investors seeking stability in a volatile market. #SolanaStrong #Bitcoin❗ #ETFs
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🇯🇵 Japan: Every Bank Will Adopt XRP by 2025 🚀 🏦 Revolutionizing Payments Nationwide: - Nationwide Adoption: Every bank in Japan is set to integrate XRP for transactions by 2025. - 🛒 Seamless Payments: Customers can use XRP at a wide range of merchants—both online and offline. - 💸 Earn Rewards: Payments made with XRP will earn customers CTF tokens—redeemable for products or cash-back options. 💰 CTF Tokens: The Next Big Thing? - Limited Supply, High Demand: CTF tokens are expected to see a significant surge in value. - 🔥 From $0.72 to $498? Experts predict a potential price explosion, making CTF tokens a lucrative asset for early adopters. 🔗 SBI’s Role in Driving XRP Adoption: - SBI VCTrade Platform: Launching in March, allowing users to buy XRP with Japanese Yen. - 💡 Kitao’s Vision: SBI Holdings' CEO, Yoshitaka Kitao, has been a strong advocate for XRP’s utility, especially in cross-border transactions. 🌐 Boosting Liquidity and Cross-Border Transactions: - Enhanced Liquidity: XRP adoption across Japan’s banking sector is expected to boost liquidity, facilitating larger volumes of cross-border transactions. - Global Financial Shift: With this move, Japan is poised to set a new standard for digital currency integration on a national scale. 🌏 Japan Leading the Digital Currency Revolution: By 2025, Japan could become a global leader in digital currency usage, leveraging XRP for seamless, efficient, and rewarding transactions. #XRP #Japan #DigitalCurrencyInvestment #SBI #CryptoRevolution
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👁️ Sam Altman Wants to Scan Your Eyeballs Using Worldcoin, But Governments Are Pushing Back 👁️ 🌐 What is Worldcoin? 💡 Founded by Sam Altman: A bold plan to distinguish humans from AI by scanning eyeballs. 💸 Universal Basic Income Vision: Initially conceived to distribute income to those whose jobs are disrupted by AI. 🌍 Global Reach: Scanned and verified 6+ million people across 40 countries. 🆔 World ID & Crypto: Users receive a World ID passport and payouts in Worldcoin’s WLD cryptocurrency. 🚨 Why Are Governments Cracking Down? Worldwide Resistance: 🇭🇰 Hong Kong: Raided after discovering Worldcoin retained iris images for up to 10 years. 🇦🇷 Argentina: Fined for abusive user terms. 🇪🇸 Spain: Blocked for scanning children. 🇰🇪 Kenya: Criminal investigation and public inquiry into biometric data collection. 🇪🇺 EU: An inquiry looms over its data practices. 🔍 How Does Worldcoin Work? 🏀 The Orb: A chrome device that scans irises, claiming to distinguish humans better than fingerprints or facial recognition. 🔐 Privacy Claims: Worldcoin says the technology is private, with data deleted after verification and encrypted on servers—unless users allow algorithm training. 💰 WLD Control: Worldcoin still controls 97% of WLD, with a total worth of around $15 billion—leading to price setting by a small currency pool. #WorldCoin. #LowestCPI2021 #SahmRule #WLD/USDT⚡️⚡️
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🪙 Bitcoin: Why BlackRock and MicroStrategy Stay Calm During Dips 🪙 🔥 Market Turbulence? No Problem for the Giants: 🏦 Unshaken Confidence: While small investors panic, financial giants like BlackRock, Fidelity, Grayscale, and MicroStrategy remain steadfast in their Bitcoin investments. 💼 MicroStrategy’s Bold Move: - Increased BTC holdings to 226,500 BTC. Total acquisition cost: $8.3 billion. Average purchase price: $36,821 per BTC. 💰 BlackRock's Massive Holdings: 342,658 BTC valued at over $22.5 billion (as of July 31, 2024). 📊 Fidelity’s Strong Position: Holding over 150,120 BTC. 🚨 Small Investors vs. Giants: Fear & Greed Index plunges to 26/100 (“Extreme Fear”) among smaller investors. In contrast, institutional players view the dip as an opportunity. 🌟 Long-Term Vision: Major financial players like BlackRock and MicroStrategy treat Bitcoin as a store of value akin to gold, not just a speculative asset. Their Message: BTC is a key part of their future investment strategy, reinforcing Bitcoin’s credibility on the global financial stage. #Bitcoin❗ #MicroStrategy" #BlackRock #InstitutionalInvestors #BTC☀
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