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🚨 Floki Coin Makes Major Moves in July 2024 Floki Inu ( $FLOKI ) has been making headlines with several significant developments this month: Token Burn Proposal Passed: Floki developers have successfully passed a proposal to burn $11 million worth of FLOKI tokens, reducing the circulating supply by 190 billion FLOKI. This move aims to increase token scarcity and potentially boost the token's valu [❞] [❞]】. #Regulated Bank Accounts: Floki developers announced plans to offer users regulated digital banking accounts. These accounts will support SWIFT payments and SEPA IBANs, allowing users to transact and transfer money globally using FLOKI tokens. This development is part of Floki's strategy to enhance the utility of its token and integrate it further into everyday financial transaction [❞]】.
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📊 On August 2, spot Bitcoin ETFs recorded $237 million in outflows. •Grayscale spot Bitcoin ETF (GBTC) saw $46 million in outflows. •Fidelity spot Bitcoin ETF (FBTC) saw $104 million in outflows. •ARK Invest spot Bitcoin ETF (ARKB) saw $87 million in outflows. •Blackrock spot Bitcoin ETF (IBIT) saw $42 million in inflows. #Btc #ETFvsBTC
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💫Citi Group and JPMorgan expect the Fed to cut interest rates by 50 basis points in September and November, and by 25 basis points in December. •CME puts the probability of a 25 basis point cut in September at 78% and a 50 basis point cut at 22%. #Btc $BTC
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🔓📝 Major key openings coming next week: - #GAL 6.13% ($20.38 million) - August 5 - #MAVIA 4.2% ($16.25 million) - August 5 - #NEON 5.31% ($23.69 million) - August 7 - #IMX 2.11% ($41.57 million) - August 9 - #XAI 6.91% ($9.49 million) - August 9 - #GMT 3.84% ($11.25 million) - August 9 - #ICP 0.52% ($19.92 million) - August 11 - #MOCA 2.01% ($23.81 million) - August 11
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The 1 million BTC Strategic Reserve Bill, sponsored by Cynthia Lamis, has been formally submitted to the Banking Committee for consideration. #Btc $BTC
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