JUST IN: 🇯🇵 Japanese public company Metaplanet buys anothe | mythoughts na Binance Square

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JUST IN: 🇯🇵 Japanese public company Metaplanet buys another ¥400M worth of #Bitcoin .

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German MP Joana Cotar Calls for Halt on Bitcoin Sales Amid Market Turmoil - Recent Events: - Market Volatility: Bitcoin's price dropped to $54,000 due to significant sales by the German government and repayments related to the Mt. Gox bankruptcy, causing market instability and millions in liquidations.Government Action: The German government's sales have been a key factor in this market turbulence. Proposal by Joana Cotar: - Strategic Reserve Currency: Cotar suggests Germany should retain its Bitcoin holdings as a strategic reserve to hedge against inflation and economic uncertainty, similar to gold.Economic and Technological Benefits:Economic Stability: Diversifying reserve assets with Bitcoin could stabilize Germany's economic position.Technological Leadership: Embracing Bitcoin could position Germany as a leader in digital currency innovation, boosting the blockchain and fintech sectors. Current Stance: - Regulatory Caution: Historically, Germany has been cautious about cryptocurrencies, focusing on regulation to mitigate risks.Shift in Approach: Cotar’s proposal marks a significant departure from this cautious approach, advocating for proactive engagement with digital assets. - Implications: If adopted, Cotar's proposal could signal a major shift in Germany’s economic strategy and potentially influence other nations to consider similar measures. This summary encapsulates Cotar's call to stop Bitcoin sales, the market impact of current policies, and the potential benefits of retaining Bitcoin as a reserve currency. #bitcoin #cryptocurrency #germany

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Worldcoin (WLD) Near 8-Month Low: Buying Opportunity? Worldcoin (WLD), led by Sam Altman, has dropped nearly 50% from its March 10 all-time high and is now trading at around $2.36, close to an 8-month low of $2.1. Despite recent sell-offs, technical indicators show potential for recovery: - RSI: Recovered from oversold to neutral. - MACD: Slight recovery, weak trend. - Ichimoku Cloud: Bearish, but potential for reversal. - ADX: Strong downward trend at 44. Fundamental developments, including new executive hires and a partnership with Alchemy, enhance its prospects. With an MVRV ratio at -28%, this may be a good buying opportunity for traders. #worldcoin #bitcoin☀️ #AI #US_Job_Market_Slowdown

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Cryptocurrency Weekly Roundup: 1. Bitcoin and Ethereum Performance Bitcoin: Recently trading at approximately $67,857, showing a 3.45% increase, indicating strong market confidence.Ethereum: Holds steady with a slight rise of 0.61%, priced at $3,297. 2. CleanSpark's Major Acquisition CleanSpark Acquires GRIID: In a significant move, Bitcoin mining firm CleanSpark has acquired GRIID for $155 million in stock. 3. Coinbase Partners with Stripe Enhancing USDC Support: Coinbase has partnered with Stripe to support USDC on the Layer-2 network, Base, aiming for faster and more cost-effective transactions. 4. Bitcoin ETF Inflows Increased Market Confidence: Bitcoin ETFs have seen inflows for the second consecutive day, with Bitcoin holding steady around $60,000. 5. North Carolina's CBDC Ban Bill Legislative Moves: The North Carolina Senate is seeking the governor's approval for a bill to ban central bank digital currencies (CBDCs), reflecting ongoing regulatory developments. #WeeklyUpdate #MiCA #VanEck_SOL_ETFS #BinanceTournament

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Fetch.ai Update: Merger, Token Swap, and Rebrand! - Price Update: Fetch.ai's token (FET) is facing a dip, with support at $1.38. A drop below this could lead to a longer recovery. - Merger and Token Swap: - Big news! Binance is backing the merger of Ocean Protocol (OCEAN) and SingularityNET (AGIX) with Fetch.ai. - Here's the conversion rate: 1 OCEAN = 0.433226 FET 1 AGIX = 0.433350 FET After the merger, FET will be rebranded as ASI (Artificial Superintelligence). - How to Convert Your Tokens: - Most exchanges will automatically convert your OCEAN and AGIX to ASI. - Fetch.ai will provide a manual conversion option for users on non-supporting exchanges. Why the Merger and Rebrand? This creates a powerful, unified AI ecosystem with combined resources and tech.Aims for a more decentralized and open AI landscape.Boosts scalability and efficiency for handling complex AI tasks.$ASI will be the new currency for the network.Positions the alliance to compete with major tech companies in AI development. Impact and Future: The merger promises advancements in AI through decentralization, security, and transparency.The ASI Alliance aims to accelerate the development of Artificial General Intelligence (AGI) and wider adoption of AI.Despite the current price dip, Fetch.ai is tied to major cryptos and could rebound with a market upswing. Remember: Always do your own research (DYOR) before making any investment decisions. Hashtags: #Cryptocurrency #AI #DeFi #Merger #IntroToCopytrading

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Today's Big $6.6B Bitcoin Options Expiry: What to Expect Today, the cryptocurrency market braces for a significant event: the expiry of 107,000 Bitcoin options contracts worth $6.6 billion. This end-of-month expiry, with a put/call ratio of 0.5, hints at bullish sentiment despite a max pain point set at $57,000—$4,000 below current prices. Ethereum sees a similar scenario with 1.04 million contracts expiring at a notional value of $3.6 billion. While markets have shown resilience, all eyes are on post-expiry volatility and market reaction. Stay tuned for updates on how this event shapes crypto trends. 📈💥 #BitcoinBeliever #Expiry #bitcoin

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