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Crypto Markets Recover as South Korea Reverses Martial Law 🚀 South Korean President Yoon Suk Yeol reversed his martial law declaration after six hours of #tension at the National Assembly, where 190 lawmakers voted to reject it. The declaration, initially justified as a response to North Korean threats, caused global concerns, including a statement from the White House. Cryptocurrency markets, which initially dropped sharply, have since regained ground, with Bitcoin, Ether, and XRP recovering by 2.4%, 3.3%, and 9.2%, respectively. This comes after South Korea’s crypto trading volumes hit their second-highest level of the year just a day earlier, driven by high momentum #altcoins . This is bullish! #Binance #crypto2024
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JUST IN: 🇫🇷 France to tax #Bitcoin unrealised capital gains. #Binance #crypto2024
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Grayscale Files for Spot Solana ETF 🤩 Grayscale Investments has filed with the U.S. Securities and Exchange Commission (SEC) to convert its existing Solana Trust into a spot Solana exchange-traded fund (ETF) under the ticker #GSOL . If approved, it will trade on the New York Stock Exchange and become the largest Solana investment fund, with $134.2 million in assets under management. #Grayscale joins other major firms like 21Shares, VanEck, and Bitwise in competing to launch a spot Solana ETF amid Solana’s 277% price surge over the past year. Coinbase Custody and BNY Mellon will manage custody and administration, respectively. This is bullish! If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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South Korea’s Martial Law Sparks $163M USDT Influx to Upbit Amid Market Crash The Korean crypto market experienced a sharp decline after South Korea declared martial law. Large-scale $USDT transfers, totaling over 163M within an hour, flowed into #Upbit , likely as whales prepared for bottom-fishing opportunities. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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Martial Law Declared in South Korea: A Call for Freedom on X 🚨 The South Korean president has declared martial law, enforcing strict censorship on all media and publications. #Binance #crypto2024
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