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Attention Turkish followers and community 🇹🇷, Join KIP's first Turkish AMA co-hosted by @ParrotBamboo07 feat @BtcTopraktan ! Topic: The importance of AI in Web3 and the innovations #KIP brings to #AI 📍 Venue: https://x.com/i/spaces/1vAxROlDjDaKl 📅 Date & Time: 17.08.2024, 6 PM UTC 💰 Prize: $100 for 5 winners 👉 Follow, like, retweet, and reply with your questions for a chance to be rewarded in this AMA
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📢 Binance will list #SYN on futures. 📢Federal Reserve Chairman Jerome Powell will speak at the Jackson Hole symposium on August 23.
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Money attracts money: Trump's NFT earnings spark curiosity Donald Trump revealed how much he earned in total from his three NFT collections. A new financial disclosure reveals that Republican Party candidate Donald Trump owns $5 million worth of cryptocurrency and has made more than $7 million from his NFT ventures. According to a personal financial disclosure obtained by Citizens for Ethics, Trump holds between $1 million and $5 million in Ethereum-based crypto assets. Trump also revealed that he earned more than $7.15 million from three NFT collections, including his impeachment “Mugshot” project and two separate series of Donald Trump Trading Cards collectibles. Trump hinted that he might launch a fourth #NFT collection, which he said has garnered support from the public, in a statement to Bloomberg on July 16. The former US president launched his “official crypto-sneaker” line on August 1, and despite its $499 price tag, the limited-edition orange high-tops, which were limited to 1,000, sold out in a matter of hours. Blockchain analytics platform #Arkham Intelligence estimates that Trump’s Ethereum-based cryptocurrency holdings were worth $3.5 million when they were first released. Blockchain analytics platform Arkham Intelligence estimates that Trump’s Ethereum-based cryptocurrency holdings were worth $3.5 million when they were first launched. Trump’s crypto holdings briefly rose to $18 million in June after a major surge in a MAGA memecoin with the ticker “TRUMP.” The TRUMP memecoin was launched in August to raise funds and protect children in the U.S. Although named after the former president, it is not officially affiliated with or endorsed by Donald Trump.
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Hayatımda her şey yolunda gidiyor dediğim yol 😂 #Btc #Eth #Bnb #Binance #Crypto
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JPMorgan Report Highlights Stablecoin Growth Amid Bitcoin and Ethereum Price Surge A comprehensive report recently released by JPMorgan highlighted an interesting pattern in stablecoin growth relative to the overall cryptocurrency market. Despite the increase in the supply of these digital assets, their proportional representation in the overall market has remained largely unchanged throughout the year. This trend is closely aligned with the significant price increases of major cryptocurrencies such as Bitcoin and Ethereum. Stablecoins are primarily recognized as cryptocurrencies that are pegged to the US dollar, while a subset is pegged to gold or various fiat currencies. JPMorgan’s analysis shows that the stablecoin market value has returned to levels close to those before the Terra/Luna crash, rising from its previous peak of $180 billion to $165 billion. The main drivers behind this recovery are the increasing demand for stablecoins as collateral for crypto lending and various financial transactions. A significant development was the introduction of spot Bitcoin Exchange Traded Funds (ETFs) in the US market this January. This financial innovation has increased the adoption of stablecoins by providing investors with direct participation in cryptocurrency markets. Simultaneously, the traditional financial sector has increased its interest in stablecoins, strengthening their demand. The combination of these factors highlights the growing importance of stablecoins in the broader financial ecosystem. Ultimately, JPMorgan’s insights capture a critical insight: While stablecoin supply has increased along with the valuation of the overall cryptocurrency market, their market share has remained stable. This stability underscores the importance of stablecoins in facilitating a variety of financial activities within and outside the crypto space. The intertwined growth patterns of major cryptocurrencies and stablecoins illustrate a nuanced, yet vital, aspect of the evolving landscape of digital assets.
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