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🧙♂️ Donald Trump appointed Bo Hines as the executive director of the Cryptocurrency Council.
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🔸️On January 8, spot Bitcoin ETFs experienced an outflow of 583 million dollars. Spot Ethereum ETFs saw an outflow of 159 million dollars. 🔸️The U.S. Department of Justice has received approval to sell $6.5 billion worth of #Bitcoin seized from Silk Road. 🔸️Binance will list #D on futures today at 1:00 PM.
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BÜYÜK HABERLER DIN AİLESİ! 🚨 $DIN token artık BNBCHAIN'in resmi musluk sayfasında! Bu, büyük bir adım! Daha fazla görünürlük, daha fazla kullanıcı ve BNB ekosisteminde daha güçlü bir varlık! 🔥 Hadi GO DIN! 🚀 #DIN #BNBCHAIN #Faucet
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Solana Founder Makes Important Statements: How Will SOL Coin Be Impacted? Anatoly Yakovenko said that the protocol has been using the OCC License since day one. This is one of the most difficult things to achieve, along with decentralization and scalability. He said that at the time, he forced all ecosystem developers to coordinate through a public channel. The Solana founder confirmed that “getting OSS participants was the most difficult b2dev sales process.” In particular, he claims that the only thing he saw that worked with developer coordination was that the process was open-source. Meanwhile, a comment came from a #Solana Foundation contributor known as kehaya in X. He said that Solana’s previous correct implementation of Open Source was the reason for joining the ecosystem. Solana did not pioneer all the unique decentralized applications in Web3. Because Ethereum continues to be the first mover in this regard. However, the emergence of Pump Fun pioneered the memecoin launchpad in the industry. The Ethereum-challenger has achieved great success with the widespread adoption of ecosystem DApps. Meme coins, including BONK and dogwifhat, are currently some of the most valuable in the market. However, amidst all this success, some protocols in its ecosystem have continued to struggle with outages as adoption has increased. Anatoly Yakovenko and his team released a patch designed to address congestion issues. Earlier this week, Solana developers proposed an account hashing system to also increase the protocol’s scalability. Based on its core attractive technology stack and other features, top VC firms like VanEck predict that $SOL will reach a market price of $3,211 by 2030. A previous SOL price analysis mentioned the potential to reach $400 this month. Based on its future prospects, Canadian public firm Sol Strategies confirmed its investment in SOL.
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Crisis Oracle Surprised: Bitcoin Crash Is ‘Great News’! #RobertKiyosaki , author of the book ‘Rich Dad Poor Dad’, is no stranger to making bold financial predictions. His latest comment on Bitcoin’s decline is no exception. Kiyosaki drew attention in a post he shared on X (formerly Twitter) on January 8. He pointed to Bitcoin’s recent drop below $100,000, falling to $95,000. He did not describe the largest cryptocurrency’s subsequent stabilization at $96,000 as a cause for concern. Rather, he viewed it as a rare buying opportunity. While most investors were biting their nails in anxiety, Kiyosaki had already started filling his shopping cart. Considering that only 21 million coins exist so far and less than 2 million will be mined, each drop in price reinforces his belief that demand will one day collide with decreasing supply. The author’s response was quite blunt, as he took to X to make his stance clear: “Bitcoin is crashing. Great news. I’m continuing to buy Bitcoin because Bitcoin’s decline means Bitcoin is on sale. Remember, ‘Buy low… and HODL.’ Less than 2 million more Bitcoins will be mined.” This approach is not new to Kiyosaki. He has consistently said that he sees Bitcoin as a hedge against inflation. He has also positioned the leading crypto as a hedge against economic instability. This sentiment has been further intensified by his broader economic outlook. The financial guru didn’t stop with Bitcoin. He had previously shared a dire prediction about the global economy, stating that “the biggest stock market crash in history” was already happening. His message was clear: prepare for prices to plummet around the world. Kiyosaki said: “Please be smart, keep your eyes and ears open. Many expensive assets like houses, gold, silver, and Bitcoin will go on sale. I will buy more real assets with fake US dollars.” $BTC $ETH $BNB #BinanceAlphaAlert #MicroStrategyAcquiresBTC
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Alarm Bells for SUI Coin: Giant Whale in Danger! A whale’s leveraged position on $SUI is under threat if the asset falls to $4.56. The whale has already received a warning that it has borrowed more than its limit and is close to liquidation. The whale has deposited sSUI and SUI into two separate pools to borrow $USDC and wUSDT. As of January 8, SUI has been hovering around $4.60, with occasional dips lower. The crypto market has been moving sideways as #Bitcoin ($BTC ) and #Ethereum (ETH) have slipped into a lower range, making other coins and tokens more volatile. SUI recently hit an all-time high of $5.33, prompting whales to increase their positions. The chain has been one of the most active over the past year and is attracting a flood of new traders. SUI is set to rise along with the rest of the market in the last quarter of 2024. As a result of SUI’s expansion, the L1 chain has a thriving DeFi sector. The whale’s position is based on a loan from SUI Lend, which is based on continued positive price performance. The whale deposited 4.1 million SUI, or $19.3 million, to borrow $14.4 million worth of stablecoins. If the loan is liquidated, SUILend will become the custodian of the loan, while the whale will hold the stablecoins. The loan is not like a centralized long position, as the whale will not face a total loss. Also, since the tokens are limited to the DeFi application, there is less price pressure. SUI has slowed its rise, and open interest has also decreased from its recent peak of over $800 million to $676 million. The asset is still expected to expand, as reflected by the 70% long position. However, some believe that SUI may continue to narrow as these long positions are attacked for liquidation.
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