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Solana The summer is at the door: These Memecoins Can Storm the Market! Solana Summer, which has been trending on social media for a while, attracted attention with the rise of various memecoins. The Solana ecosystem, which directs the Memecoin market, has become a household name lately. Solana, which has become the favorite network of memecoin traders in terms of low transaction fees and speed, may become more prominent this summer. Memecoins, which are much stronger than other trends, will attract more attention with the good progress of the market. So which memecoins in the Solana ecosystem can leave their mark on the 2024 bull season? 1- By far the top: dogwifhat (#WIF ) 2- He became famous with his story: #BOOK of #MEME (BOME) 3- It can start the cat trend: cat in a dogs world (#MEWING ) 4- An important candidate in the cat craze: Popcat (#POPCAT ) 5- Leading the political memecoins: tremp (doland tremp) $WIF $BOME $MEME
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ChatGPT owner gave half of his fortune to charity Donation decision from #OpenAI CEO and ChatGPT owner Sam Altman! Half of his fortune goes to charity Sam Altman, together with his partner Oliver Mulherin, decided to gave more than half of their fortune to charity. According to this commitment made within the scope of The Giving Pledge, it is said to reflect Sam Altman's belief in how technology can benefit humanity. Altman and his partner stated that by gave this money, it will be used to support technologies that will help people create abundance. Known as the donation platform of billionaires,Ā The Giving Pledge is an initiative that encourages the world's richest to donate a large portion of their wealth to charity. This initiative, launched by Bill and Melinda Gates and Warren Buffett, has so far convinced many billionaires to make this commitment. Sam Altman attracted attention as the newest member of this prestigious group. Sam Altman stated that he deeply believes in the benefits that technology can provide to humanity. This donation will support important projects in areas such as education, healthcare and access to technology. #SamAltman and his partner said they hope their gave will be used to improve people's lives and enable the opportunities offered by technology to reach wider audiences. $BTC $ETH
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š¢ Breaking News : š§āāļø Next week, the 19-article bill regarding crypto assets will be discussed in the General Assembly of the Turkish Grand National Assembly. (#PHOENIX ) š§āāļø US Senator Ted Cruz started mining by purchasing #Bitcoin mining devices. $BTC
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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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