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These 5 altcoins are preparing for the bull: They stood firm! 1- Lido DAO (LDO) LDO, one of the first cryptocurrencies that comes to mind when Ethereum is mentioned, increased by 3.30 percent in the last 24 hours. #LDO , which exhibited an upward movement in response to the retreat in BTC, gave confidence both on parity and ETH basis. If ETH recovers, even higher levels can be targeted for LDO. 2- Tron (TRX) #TRX , which has attracted attention with its solid stance in recent days, has achieved a 2 percent increase in a short time. The popular coin, which came to the fore with Justin Sun, seems to be on the agenda for a while longer. 3- THORChain (RUNE) #RUNE , which was not affected much by the downward movements in Bitcoin, gained upward momentum again. The altcoin, which gained 1.80 percent in value in the last 24 hours, made its ecosystem and investors happy. Especially in altcoin bulls, RUNE may stand out as a project that can make a difference. 4- Unus Sed Leo (LEO) LEO, known for its inverse pricing to BTC, did not surprise this time either. LEO, which knows how to rise while Bitcoin is losing value, ranked fourth on the list with an increase of 1.60 percent. #LEO investors are eagerly awaiting the next price moves. 5- Ethena (ENA) ENA, one of Binance's latest launchpools, managed to increase slightly by challenging Bitcoin. A dollar band continues to act as resistance for the popular altcoin, which has increased by 0.50 percent in the last 24 hours. If #ENA exceeds one dollar, volatile movements may be observed in the parity. $TRX $RUNE $LDO

These 5 altcoins are preparing for the bull: They stood firm!

1- Lido DAO (LDO)

LDO, one of the first cryptocurrencies that comes to mind when Ethereum is mentioned, increased by 3.30 percent in the last 24 hours. #LDO , which exhibited an upward movement in response to the retreat in BTC, gave confidence both on parity and ETH basis. If ETH recovers, even higher levels can be targeted for LDO.

2- Tron (TRX)

#TRX , which has attracted attention with its solid stance in recent days, has achieved a 2 percent increase in a short time. The popular coin, which came to the fore with Justin Sun, seems to be on the agenda for a while longer.

3- THORChain (RUNE)

#RUNE , which was not affected much by the downward movements in Bitcoin, gained upward momentum again. The altcoin, which gained 1.80 percent in value in the last 24 hours, made its ecosystem and investors happy. Especially in altcoin bulls, RUNE may stand out as a project that can make a difference.

4- Unus Sed Leo (LEO)

LEO, known for its inverse pricing to BTC, did not surprise this time either. LEO, which knows how to rise while Bitcoin is losing value, ranked fourth on the list with an increase of 1.60 percent. #LEO investors are eagerly awaiting the next price moves.

5- Ethena (ENA)

ENA, one of Binance's latest launchpools, managed to increase slightly by challenging Bitcoin. A dollar band continues to act as resistance for the popular altcoin, which has increased by 0.50 percent in the last 24 hours. If #ENA exceeds one dollar, volatile movements may be observed in the parity.
$TRX $RUNE $LDO

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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Institutional Interest in Ethereum (ETH) Is Increasing! This Could Start a Mega Rally! The balance of Ethereum (ETH) on centralized exchanges has been falling rapidly since the United States Securities and Exchange Commission (#SEC ) approved spot Ethereum ETF products. Centralized trading platforms are considered the primary way through which most investors can access cryptocurrencies, including Ethereum. In his statements on X, popular cryptocurrency analyst Ali Martinez stated that since spot Ethereum ETF products were approved in the USA, approximately 777,000 ETH worth approximately $ 3 billion have been withdrawn from cryptocurrency exchanges. Although #ETH ETF products have not yet started to be officially traded on exchanges, the continuation of this trend may play an important role in shaping the price movement of ETH in the long term. One of the interesting trends in the chart shared by the analyst is that the current Ethereum balance on exchanges is the lowest the token has recorded since at least December 11, 2023. Considering the large rate of institutional investment in Bitcoin through spot ETF products, Ethereum may soon be subject to a supply shock. If the Ethereum spot #ETF experiences accumulation similar to Bitcoin, it could help the Ethereum price skyrocket forward in a very short time. The same experience was noted for Bitcoin, with institutional capital inflows driving the cryptocurrency's price to a new all-time high (ATH) above $73,000 in March. Many cryptocurrency analysts have suggested that the only time ETH should surpass its former ATH of $4,891.70 is the full launch of the spot #Ethereum ETF product. If the best-case scenario comes true, Standard Chartered suggests the cryptocurrency could rise to $8,000 by the end of this year. $BTC $ETH
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Big development in FTX: The Cost Of Bankruptcy Is Astounding. While FTX founder Sam Bankman-Fried's case ends pending appeal, FTX's bankruptcy continues. In the latest update from the FTX estate under CEO John Ray III, the company has transferred its remaining shares in Anthropic, the artificial intelligence startup behind chatbot Claude, according to the company's latest bankruptcy filing. #FTX sold the remaining 15 million shares for approximately $30 each, generating over $450 million in proceeds. This brings the total return on FTX's $500 million investment in the company to approximately $1.3 billion, or $800 million in profit. The price per share for this second sale was the same as the first sale in March. The largest buyer of this round, global venture capital fund G Squared, purchased approximately one-third of the remaining shares (4.5 million) for $135 million. Venture capital funds also made up the majority of the other 20 buyers of Anthropic shares. Following the latest filings from the bankruptcy estate, the cost of the #FTX bankruptcy exceeded $500 million in legal and administrative fees. #FTX creditors complained that Sullivan and Cromwell, the primary law firm responsible for FTX's bankruptcy, was also one of the firms that represented FTX before the bankruptcy; this was a potential conflict of interest that led to the appointment of an independent auditor and class officer. An analysis by the New York Times last year found that law firms were charging hundreds of millions of dollars in fees for the bankruptcies of crypto companies. FTX #CEO John Ray has billed the estate $5.6 million since the lawsuit began, based on his $1,300 hourly wage. The entity plans to repay 98 percent of its creditors at least 118 percent of the allowable claims, measured in dollar value, at the time the exchange filed for bankruptcy. $BTC $FTT
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