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#Write2earn ROCKET POOL (RPL) SURGES OVER 80% AMIDST STRONG MARKET PERFORMANCE #RocketPool #CryptoGainers $RPL According to Foresight News, Rocket Pool (RPL) has experienced a significant short-term surge, breaking through 34 USDT before settling at 28 USDT. This marks an increase of over 80% in the past 24 hours, highlighting strong market performance for the cryptocurrency. The exact reasons behind this sudden rise remain unclear, and investors are advised to closely monitor market trends for Rocket Pool (RPL). There is no official information shared on the Rocket Pool X account. Rocket Pool — Houston Launch The only new Information and update about Rocket Pool is about the next major upgrade “Houston” which has been under development for the last 9 months and will be going live in lee than a week on the 17th June! This upgrade isn’t all about creating a long-term decentralised form of governance for the protocol, we’re also introducing some new very useful features that will also enable additional layers and applications to be built on top of the base protocol. You can have more information by visiting the official announcement on Medium by Rocket Pool About Rocket Pool Rocket Pool is Ethereum’s most decentralized liquid staking protocol. Liquid stakers can participate by depositing as little as 0.01 ETH to receive the rETH liquid staking token. Rocket Pool offers a fully non-custodial solution, ensuring that node operators are economically aligned to perform well for stakers. Joining as a node operator is permissionless and requires just 16 ETH, compared to the usual 32 ETH. Node operators benefit from a boosted ROI through operator commissions and RPL rewards. The Rocket Pool team, with their extensive experience since 2016, brings unparalleled expertise to the staking space.

#Write2earn
ROCKET POOL (RPL) SURGES OVER 80% AMIDST STRONG MARKET PERFORMANCE
#RocketPool #CryptoGainers $RPL

According to Foresight News, Rocket Pool (RPL) has experienced a significant short-term surge, breaking through 34 USDT before settling at 28 USDT. This marks an increase of over 80% in the past 24 hours, highlighting strong market performance for the cryptocurrency.

The exact reasons behind this sudden rise remain unclear, and investors are advised to closely monitor market trends for Rocket Pool (RPL).

There is no official information shared on the Rocket Pool X account.

Rocket Pool — Houston Launch

The only new Information and update about Rocket Pool is about the next major upgrade “Houston” which has been under development for the last 9 months and will be going live in lee than a week on the 17th June!

This upgrade isn’t all about creating a long-term decentralised form of governance for the protocol, we’re also introducing some new very useful features that will also enable additional layers and applications to be built on top of the base protocol.

You can have more information by visiting the official announcement on Medium by Rocket Pool

About Rocket Pool

Rocket Pool is Ethereum’s most decentralized liquid staking protocol. Liquid stakers can participate by depositing as little as 0.01 ETH to receive the rETH liquid staking token. Rocket Pool offers a fully non-custodial solution, ensuring that node operators are economically aligned to perform well for stakers. Joining as a node operator is permissionless and requires just 16 ETH, compared to the usual 32 ETH. Node operators benefit from a boosted ROI through operator commissions and RPL rewards. The Rocket Pool team, with their extensive experience since 2016, brings unparalleled expertise to the staking space.

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#Write2earn FTX Victims Seek Return of $8 Billion in Assets #FTX #FTXRecovery $FTT Attorneys for FTX bankruptcy victims are pushing for the failed crypto exchange's forfeited assets, worth around $8 billion, to be returned to customers, not absorbed into the bankruptcy estate. This plea was made in a U.S. District Court filing in New York. Reorganization Plan Sparks Outrage FTX's proposed reorganization plan, offering 98% of creditors 118% of their claims in cash within 60 days, has angered customers. They couldn't benefit from rising cryptocurrency prices while their funds were tied up. Unfair Valuation Claims Lawyers argue that valuing customer claims based on depressed prices during the "crypto winter" is unfair. Since then, Solana's price has increased ninefold and Bitcoin's value has quadrupled. Customer Grievances and SBF's Role Lawyers Adam Moskowitz and David Boies say customers feel "aggrieved and robbed," viewing the process as a "second act of theft." Former CEO Sam Bankman-Fried (SBF) was convicted of fraud, sentenced to 25 years, and ordered to forfeit $11 billion. The filing claims SBF's crimes left customers without their crypto investments. Bankruptcy Code and Prioritization The bankruptcy code prioritizes certain creditors, placing FTX’s FTT token holders near the bottom, making compensation unlikely for them. Ongoing Uncertainty Complete accounting hasn't been done yet, but Moskowitz estimates damages over $8 billion. The fluctuating value of cryptocurrencies adds to the uncertainty.
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#Write2earn Crypto Market Update #CryptoMarket #Bitcoin #Etereum #altcoins $ETH $DOGE $BNB The absence of short-term catalysts is likely weighing down token prices, according to one trader. Major cryptocurrencies experienced declines, influenced by ongoing profit-taking and significant net outflows from U.S.-listed bitcoin exchange-traded funds (ETFs) on Monday. This has put a damper on bullish sentiment. Key Movements in Major Tokens Bitcoin (BTC): Dropped to nearly $66,500, erasing all gains made on Monday. It has been fluctuating around the 50-day moving average of $66,000, challenging the medium-term uptrend. Ether (ETH): Fell to $3,400, undoing all gains from the previous week. Dogecoin (DOGE) and Solana (SOL): Both saw significant losses, with DOGE and SOL dropping as much as 9% over the past 24 hours, according to Coinmarketcap. Ton Network (TON): Declined by 5%. BNB Chain (BNB): Outperformed with a smaller loss of just 1.5%. Recent Market Influences Last week, Bitcoin dipped below the $65,000 mark for the first time in a month. This decline was linked to ETF net outflows exceeding $500 million and the Federal Reserve's indication of only one interest rate cut in 2024. Ethereum and Altcoins FxPro senior market analyst Alex Kuptsikevich noted generally bearish sentiment. Although positive developments regarding Ethereum ETFs briefly boosted ETH by over 6% last Friday, it has since lost nearly 1.5% since Monday morning. "Ethereum's brief recovery under optimistic ETF expectations didn't sustain," Kuptsikevich commented. "Increased liquidity during weekdays tends to favor bears, heightening selling interest." As the market navigates these challenges, traders remain cautious, closely monitoring political and economic developments that could impact future movements in the cryptocurrency sector.
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