What is happening, six new Hong Kong spot-crypto ETF just la | MemnonSly on Binance Square

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What is happening, six new Hong Kong spot-crypto ETF just launched today with an expected $300 million in combined first-day inflows but the price just dropped to below 61K 🤷🏽‍♂️, begging the question what drives crypto volatility ? 
#BTCPricePredictions #HKETF #Bitcon 

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Move over oil, there's a new gold rush in town – crypto mining! Senators Warren and King just dropped a bombshell letter to top officials, waving a red flag about Iran's sneaky crypto tactics. Apparently, Iran's figured out that digging for digital gold is a nifty way to sidestep those pesky U.S. sanctions. 🕵️‍♂️💰 In a letter that reads like a script straight out of a spy thriller, Warren and King grill Secretary of Defense Lloyd Austin, Secretary of the Treasury Janet Yellen, and National Security Advisor Jake Sullivan on what they're doing to curb Iran's crypto capers. 📜🔍 Seems like Iran's not just flexing its military muscle; it's flexing its crypto muscles too. With Bitcoin mining becoming Iran's new favourite pastime, and their central bank diving headfirst into the crypto economy, it's like watching a high-stakes poker game unfold in the digital realm. 💻🃏 Stay tuned, folks – this crypto showdown just got a whole lot spicier! 🌶️💥 #CryptoCapers #IranianMiners #WarrenWarns #Bitcoin❗️

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As uncertainty looms over Binance's illustrious leader, it begs the question: why is the US out to cripple DeFi? What prompts such a question is the manner in which the DOJ is conducting the prosecution. Despite the maximum sentence being 18 months for such violations, they are pushing for 36 months plus a $50 million fine as a means to deter future violators. However, in retrospect, the violation CZ committed is but a blemish compared to the diabolical actions of US banks and regulatory negligence leading up to the 2008 financial crisis. Yet, back then, no regulatory body or banker was held accountable, let alone prosecuted. When will this hypocrisy end? #cz_binance #DeFiDisruptor #Leadership

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#MyFirstSquarePost Hello, Binance Square! Bitcoin's halving occurred this past Friday evening, marking a significant event in the cryptocurrency world. Following this event, many investors flocked to digital coins, tokens, and related assets on Monday. Overall, numerous crypto stocks on the exchange performed very well, with more than a few recording double-digit price gains on the day. This is noteworthy, considering that the value gained from mining has now decreased by 50%, while the cost of mining remains constant. Thus, this raises the question: why are investors still flocking to buy Bitcoin? One factor contributing to the post-halving surge is the support from other elements driving the popularity of cryptocurrencies, such as diminishing geopolitical risks and resilient economies. Although the halving event has concluded, it's unlikely that the crypto rally will lose momentum in the immediate future. Major events and headlines tend to disproportionately impact the values of coins, tokens, and associated companies. While the current optimism surrounding cryptocurrencies should persist, it's improbable that droves of investors will suddenly pour into them without a compelling reason. We might be entering a period of relative stability in this market. However, such periods can be followed by sudden upward spikes, as we've witnessed recently (though historical patterns may not necessarily repeat). Consequently, the upcoming days could present opportunities for bargain hunters as investors explore other popular industries and asset classes. #BitcoinHalvingImpact #BitcoinHalvingTrends #Trajectory #BTC

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