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🚀 Ethereum is gearing up for a potential rally, says OnChainHQ's Leon Waidmann! With its deflationary mechanism in full swing, ETH is burning more than it's minting, creating scarcity and pushing prices up. As the bull market gains traction, Ethereum's on-chain activity is expected to rise, leading to more burns and a self-sustaining cycle of growth. 🌟 Despite a recent dip, ETH has shown a bullish 20% increase over the past week. With the Ethereum Foundation strategically managing its reserves, the future looks bright for this crypto giant!
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🚨 Big win for South Korea! Authorities have busted a massive crypto scam, recovering a whopping $213 million. A popular YouTuber led the fraudulent ring, scamming 15,000 people with fake tokens and aggressive marketing. The operation, which started in December 2021, targeted vulnerable investors, even convincing some to sell their homes. 👮♂️ Police have arrested 215 individuals, including the ringleader, who was caught in Australia with 22 Bitcoins. This marks the largest crypto scam bust in South Korea, highlighting the need for caution in high-yield investments. Stay smart, crypto enthusiasts!
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This article is not related to Metaverse, Web 3, crypto news, or blockchain news.
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🚀 Crypto enthusiasts are buzzing as industry leaders express optimism about Donald Trump's potential return to the White House. They anticipate his administration could finally bring the regulatory clarity they've been craving. Bitcoin has soared to an all-time high of $90,000, igniting excitement among investors! Dogecoin is also on the rise, thanks to Trump's D.O.G.E. initiative, led by Elon Musk and Vivek Ramaswamy. The meme coin's price has jumped over 150%, now trading at $0.37. While Bitcoin's surge brings joy, analysts urge caution due to liquidity barriers. Still, the market sentiment remains upbeat as the crypto world braces for a new era of opportunity. 🌟
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🚀 Bitcoin's wild ride continues! Germany's decision to sell 50,000 BTC in July at $53k per coin has cost them a whopping $1.7 billion as prices soar to $90k. The surge, fueled by Trump's election win, highlights crypto's volatility and potential. With Bitcoin possibly hitting $100k by year-end, optimism is in the air! 🌟 Meanwhile, El Salvador's Bitcoin gamble pays off, with profits soaring and investments pouring in. As the crypto world buzzes with excitement, it’s clear that the blockchain revolution is just getting started!
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