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Kabosu, o cachorro, se foi
O cachorro que virou a cara do Dogecoin faleceu🥲
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🔔 Crypto News Digest for July 15 - 21 - The U.S. Securities and Exchange Commission (SEC) will allow Ethereum ETF issuers to bring their products to trading as early as July 23. - A survey of Mt.Gox users found that 260 out of 467 participants (55%) do not plan to immediately sell off their bitcoins they receive as compensation. - Following the assassination attempt on Donald Trump, Bitcoin Magazine CEO David Bailey reported that the billionaire still plans to give a speech at the Bitcoin 2024 conference in Nashville, Tennessee. - BlackRock CEO Larry Fink admitted that his views were previously wrong. He stated that "bitcoin is a legitimate financial instrument." His organization's assets under management (AUM) reached $10.6 trillion in Q2 2024. - Grayscale management has officially launched Grayscale Decentralized AI Fund LLC. This Fund aims to develop AI technology in the cryptocurrency sector. - Co-founder of venture capital firm a16z Marc Andreessen said: having been a Democrat for most of his life, he will still support Donald Trump in the US presidential election. He believes Joe Biden's administration has "stifled tech startups through over-regulation and potentially unnecessary taxation".
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🚀 Ilon Musk sparked the rise of Trump's cryptocurrency MAGA On July 20, he wrote on social media X: "Let's bring America back to its former glory" [abbreviated MAGA]. Ilon attached a picture showing people with different IQs, which includes both smart and stupid Trump supporters. 📈 After that, the MAGA rate went up and was up 8% by the morning of July 21. At the same time as the value of MAGA increased, the probability of Trump winning the election reached an all-time high. On betting platform Polymarket, the Donald's chance of winning is estimated at 65%. 💬 This is not a call to buy this coin. It's a reminder that you can follow Musk's blog closely and use it to make money on speculation. $FLOKI $LINK $OP
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💵 The Fed's rate decision may cause bitcoin to rise to $170000 This was stated by market analyst Christian Cifoa. 📔 His analysis is based on parallels between the current market scenario and past Fed rate cuts. In July 2019, there was a rapid rise in BTC after the first rate cut - the asset went from $7400 to $14000 in a matter of weeks. 🇹🇰 Expert believes that the upcoming rate cut could have very different implications. He outlined 2 potential scenarios: the initial rate cut may cause euphoria, pushing BTC to $90,000-100,000.Then, given the impact of spot exchange-traded funds, BTC could fall into the $120,000 to $170,000 range and its market capitalization rise to $1.4 trillion. $BTC $SOL $ETH #binance #NFT #Web3 #Polygon
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📉 Bitcoin may fall to $50,000 before a new growth phase Analysts at 10x Research allow BTC to fall to these values before a new growth phase. This mark is considered as a fundamental value. BTC will not be able to sag below this level, as most institutional investors entered the asset at about this value. Weakening activity in the crypto derivatives market suggests that traders are withdrawing funds for fear of a pullback. In the past week, capital has been exiting spot bitcoin-ETFs. For example, on June 21 alone, net capital outflows from the market totaled more than $100 million. After falling to $50,000, analysts at 10x Research expect bitcoin to enter a consolidation phase, which could prove to be lengthy. During this period, the cryptocurrency will not be able to break out of its narrow range. Only after the return of a new bullish phase, BTC will be able to overcome the resistance around $70,000. $BTC $SOL $PEPE
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