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$ENA Crossed $1 🚀
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Crossed $1 🚀
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Binance announced the 52nd project on Binance Launchpool. Omni Network ( $OMNI ), a layer 1 blockchain designed to integrate Ethereum’s rollup ecosystem into a single, unified system. 👀 Stake your $BNB and $FDUSD to farm $OMNI tokens. Starting tomorrow (April 13th, 00:00 UTC)! 🔥 #BinanceLaunchpool #OMNILAUNCHPOOL
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📣Here are some info you should know about $TAO TAO is the native token of the Bittensor network, a blockchain-based platform for decentralized machine learning. Here's a breakdown of its key features: Utility: TAO acts as the fuel for the Bittensor ecosystem. It incentivizes developers to: Train and operate machine learning models collaboratively. Contribute and share machine intelligence. Participate in the network. Value Proposition: TAO's value is tied to the growth and adoption of the Bittensor network. As more users participate, the demand for TAO is expected to rise. Recent Developments: TAO gained significant attention with its listing on major cryptocurrency exchanges like Binance and Crypto.com on April 11th, 2024. This increased accessibility is expected to boost its liquidity and potentially its price. Current Status (as of April 12th, 2024): Trading around $637.13 USD with a market capitalization of $4.2 billion (placing it among the top 30 cryptocurrencies). Experiencing high volatility due to its recent launch. #TAO
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$BTC has been constantly moving around the same range for last few days. While doing that, BTC did create some openings for trades. If you had been paying attention, BTC dropped down to 67K while creating opening for more accumulation. The price dump was a bit scary to see but it did manage to get back up just as fast. this provides the investors some relief that the market is not betraying us. Personally, I'll be hoping BTC tackles the 71.5K support properly this time so we don't have to see this exact scenario again. This way we could have the excitement back again on the market. #bitcoinhalving #BTC🔥🔥🔥🔥🔥🔥
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On April 10, 2024, the SEC notified Uniswap Labs, the developer behind the popular decentralized exchange (DEX) Uniswap, of its intent to pursue enforcement action against the company. This notification, known as a Wells notice, is a formal step the SEC takes before recommending a lawsuit. The exact reason for the SEC's action is unclear, but it likely relates to the ongoing debate about how securities laws apply to DeFi platforms like Uniswap. Uniswap Labs argues that the protocol is decentralized and operates autonomously, making it not subject to SEC regulation. The SEC, however, has expressed concerns that DeFi platforms may not be as decentralized as they claim and could be acting as unregistered securities exchanges. This development is a significant one for the DeFi industry, as it represents the SEC's most aggressive move yet against a major DeFi protocol. It remains to be seen how the situation will unfold, but it could have a major impact on the future of DeFi regulation in the United States. #lawsuit #USA
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The latest US CPI data was released on April 10, 2024 for March 2024. Here's a quick summary: Year-over-year (YoY) Increase: 3.5%, higher than expectations (3.4%) and February's reading (3.2%). This is the highest inflation rate since September 2023. Monthly Increase: 0.4% What does it mean? The Federal Reserve aims to keep inflation under control. Since interest rate cuts can contribute to inflation, the higher inflation goes, the less likely the Fed is to cut rates in order to prevent inflation from rising further. #cpi #bitcoinhalving
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BNB Drops Below 600 USDT with a 1.26% Decrease in 24 Hours
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Bitcoin(BTC) Drops Below 68,000 USDT with a 3.63% Decrease in 24 Hours
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Ethereum(ETH) Drops Below 3,400 USDT with a 3.52% Decrease in 24 Hours
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Bitcoin Faces Risk Of Deeper Price Correction, Warns CryptoQuant Analyst
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Bitcoin(BTC) Drops Below 69,000 USDT with a 1.33% Decrease in 24 Hours
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