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Crypto Markets Recover as South Korea Reverses Martial Law 馃殌 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鈥檚 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: 馃嚝馃嚪 France to tax #Bitcoin unrealised capital gains. #Binance #crypto2024
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Grayscale Files for Spot Solana ETF 馃ぉ 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鈥檚 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 鉂わ笍 #Binance #crypto2024
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South Korea鈥檚 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 鉂わ笍 #Binance #crypto2024
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Martial Law Declared in South Korea: A Call for Freedom on X 馃毃 The South Korean president has declared martial law, enforcing strict censorship on all media and publications. #Binance #crypto2024
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