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Mastercard launches 'Crypto Credential,' allowing users to send and receive crypto using a username instead of a wallet address.
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Here's 7 Memecoin Tools That Will Find You 1000x Plays
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Just 5 Gems Can Make You A Millionaire
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Leveraged Ether ETF Launches in the U.S. 🚀💹 On June 4, Volatility Shares is launching the first-ever leveraged ether ETF (ETHU) in the U.S., offering double the daily performance of ether. This significant milestone follows the first leveraged bitcoin ETF approved about a year ago. 🌐📈 Chief Investment Officer Stuart Barton believes this could pave the way for spot ether ETFs. The SEC's approval signals growing acceptance of crypto investments, reflecting a mature regulatory stance. 🔍✅ Aimed at experienced traders, this ETF provides leveraged exposure to ether, bridging traditional finance and digital assets. As interest in crypto rises, more products like this are expected, offering new opportunities for investors. 💰🔗 In summary, the Volatility Shares 2x Ether ETF marks a major step for crypto investments, potentially leading to spot ether ETFs and further integrating digital assets into mainstream finance. 🏦✨ $ETH #Ethereum #ETF #DEFI #ETFsApproval
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Bitcoin holdings of BTC investment vehicles has reached a new all-time high, surpassing 1.1m BTC. May has seen solid net inflows of 32,690 BTC, offsetting the net outflows from April ✔️🧬 $BTC #bitcoin #Binance #btcusdt #btc70k
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Semler Scientific's Big Bitcoin Bet 🚀💰 Semler Scientific, known for its early detection products for chronic diseases, saw a massive 42% jump in shares after investing heavily in Bitcoin. They announced the purchase of 581 Bitcoins for $40 million, following a strategy similar to MicroStrategy's. 📈🪙 Chairman Eric Semler believes Bitcoin can serve as a "reasonable inflation hedge," a sentiment echoed by many cryptocurrency enthusiasts who see Bitcoin as a safeguard against inflation and economic uncertainty. 🌐💹 Michael Saylor, co-founder of MicroStrategy, which holds 214,000 BTC, noticed Semler's move. MicroStrategy’s success in adopting Bitcoin as its main treasury asset has boosted its financial stability and growth, and it's set to join the MSCI World Index. 🏆🔍 However, widespread corporate adoption of Bitcoin has been slow. Tesla and Block made notable Bitcoin purchases in 2021, but few others have followed suit. A major barrier is the current accounting rules that require companies to deal with impairment losses due to Bitcoin's price volatility. 📉💼 New accounting rules coming next year will require digital assets to be recorded at fair value, potentially making it easier for businesses to hold Bitcoin without facing large impairment losses. This change is expected to encourage more companies to consider Bitcoin investments. 📊🔄 For Semler Scientific, this Bitcoin investment is a strategic move to protect against inflation and enhance financial stability, much like MicroStrategy. This decision could inspire more firms to explore Bitcoin as a financial asset, especially with upcoming changes in accounting standards. 🌟🏢 In summary, Semler Scientific’s Bitcoin investment and subsequent share price increase highlight the growing influence of cryptocurrency in corporate finance. Following MicroStrategy's lead, Semler is positioning itself at the forefront of this financial shift. #bitcoin #CryptoWatchMay2024 #ETF #CryptoNews🚀🔥
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