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๐ Filecoin is on fire! After a 21% surge this week, it's one of the top performers in the crypto world. The buzz started with a 12% jump in just 24 hours, thanks to Bithumb's listing announcement in South Korea. Trading volume skyrocketed by 180%, and futures volume hit $712 million, a 200% increase! ๐ Messari crowned Filecoin as the DePIN leader for 2024, spotlighting its advancements like the F3 upgrade, which slashes transaction times. Partnerships with SingularityNET and Theoriq AI are set to boost its decentralized AI infrastructure. Filecoin is definitely one to watch!
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Ether ETFs hit a speed bump with a $38.2M outflow, snapping a six-week inflow streak! ๐ Despite this, Ether's price held steady, showing resilience in the face of market shifts. Since October, spot Ether ETFs have seen a net inflow of $2.64B, highlighting ongoing investor interest. Meanwhile, Bitcoin ETFs are riding high with a $245M inflow, as Bitcoin prices climb 6.1%! ๐ BlackRock's IBIT leads the charge, cementing its position as the top spot Bitcoin ETF. As crypto ETFs evolve, the market remains dynamic and full of opportunities!
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๐ Exciting times for Jeju Island! In 2025, they're rolling out a tourism card powered by NFT tech, integrated with their local stablecoin, Tamna Jeon. This initiative is set to offer travel perks like subsidies and discounts, aiming to attract Millennials and Gen Z travelers. ๐ Jeju's been exploring blockchain since 2018, and this project marks a big step in overcoming regulatory challenges. By linking NFTs with Tamna Jeon, they're boosting the local economy and modernizing tourism. It's all part of a broader digital transformation, making Jeju a hub for innovation and cultural diversity!
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๐ Michael Saylor, CEO of Microstrategy, suggests burning Bitcoin keys after holders pass away, likening it to a permanent halving event. This could reduce Bitcoin's supply and potentially skyrocket its value, benefiting the market! ๐ With only 21 million BTC ever to exist, Saylor's idea could make Bitcoin even scarcer, boosting its worth. While some criticize the plan as wasteful, others see it as a boon for long-term holders. As Microstrategy holds significant BTC, Saylor aims to be remembered as a key figure in Bitcoin's history. What do you think of this bold move?
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๐ Metaplanet is on a mission to boost its Bitcoin holdings to 10,000 by 2025! CEO Simon Gerovich shared the exciting news on X, highlighting a transformative 2024 where the firm expanded its BTC treasury and solidified its status as Asia's top Bitcoin treasury firm. With 1,762 BTC already in the vault, worth $172M, Metaplanet is doubling down on its strategy using bonds, loans, and equity. ๐ฏ๐ต Beyond just buying Bitcoin, Metaplanet aims to drive adoption in Japan, leaving a lasting impact on the ecosystem. With a stock surge of 2,629% last year, the future looks bright for Bitcoin enthusiasts!
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