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#BTC #ETH #etf •Millennium Management Discloses $2 Billion Bitcoin ETF Portfolio 💵 According to Odaily, hedge fund Millennium Management has revealed its investment portfolio in Bitcoin ETF, which is worth $2 billion. The firm's substantial investment in the digital currency ETF demonstrates its confidence in the potential of Bitcoin and its related financial products. This move by Millennium Management is a significant indicator of the growing acceptance and integration of cryptocurrency in mainstream finance. However, its important to note that investing in cryptocurrencies, including Bitcoin, carries inherent risks due to their volatile nature. Investors should always conduct thorough research and consider their risk tolerance before investing in such assets. 💵 ~Source: Binance News #HotTrends

#BTC #ETH #etf

•Millennium Management Discloses $2 Billion Bitcoin ETF Portfolio 💵

According to Odaily, hedge fund Millennium Management has revealed its investment portfolio in Bitcoin ETF, which is worth $2 billion. The firm's substantial investment in the digital currency ETF demonstrates its confidence in the potential of Bitcoin and its related financial products. This move by Millennium Management is a significant indicator of the growing acceptance and integration of cryptocurrency in mainstream finance. However, its important to note that investing in cryptocurrencies, including Bitcoin, carries inherent risks due to their volatile nature. Investors should always conduct thorough research and consider their risk tolerance before investing in such assets. 💵

~Source: Binance News

#HotTrends

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#sol 💥 •Solana Surpasses Ethereum in Total Economic Value for a Single Day 💵 According to U.Today, Solana, a blockchain network, generated more Total Economic Value (TEV) than Ethereum on May 12, marking a first in its history. Blockworks Research reported that Solana's TEV reached $2,248,681, outpacing Ethereum's $1,977,416. TEV, a metric combining transaction fees and miner/extractor value (MEV), is often used to gauge the utility and adoption of a blockchain network. Chris Burniske, a former Ark Invest analyst, commented on this development, suggesting that its important to monitor L1s that maintain their annual expansion in the form of TEV. A higher TEV can indicate increased usage and demand, potentially offering more flexibility in a network's economic policies. However, this achievement has sparked debate among Solana and Ethereum users. Critics argue that comparing Solana's TEV with Ethereum's without considering layer-2 (L2) solutions is misleading. L2 solutions, built on top of Ethereum to enhance scalability and reduce fees, offload some activity from the main Ethereum blockchain (L1) while remaining a crucial part of it. Critics suggest that since some Ethereum activity has moved to L2s, these should be included in the comparison. Despite the criticism, Burniske maintains that comparing TEV across blockchains remains valuable. He explained that each L2 operates in its own blockspace environment, and TEV comparisons are typically made on an L1-to-L1 basis. However, some may disagree with this approach and consider L2s an inseparable part of larger ecosystems like Ethereum, which has struggled with high fees in the past. Currently, Ethereum fees sometimes drop even below those of Tron. 💵 ~Source: Binance News #HotTrends #2024
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#ARB #XAI #DOGE 💥 🔥🔥🔥🔥🔥 🔥X Platform Announces 2024 Development Roadmap, Including P2P Payments and AI Enhancements🔥 🔥🔥🔥🔥🔥 Elon Musk's AI Startup xAI Plans to Rent Oracle's Cloud Servers Federal Court Orders Musk to Testify Again in SEC's 💵44 Billion Twitter Acquisition Probe Elon Musk's AI Project Grok to Report News in a Humorous Style #HotTrends #2024
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#sol 🔥Solana explode soon!!!🔥 🔥Alliance DAO founder predicts Solana will hit 💵1,000 in 2024/2025🔥 Over 852,000 Active Wallet Addresses Interacted with the Solana Ecosystem in the Last 24 Hours Third Round of LFG Candidate Projects Announced by Solana's DEX Jupiter io.net Integrates Over 300 Nvidia H100 GPUs from Aethir into Its Infrastructure Network Over 💵107 Million Bridged to Solana from Other Chains This May Zeta Markets, A Solana Ecosystem DEX Project, Secures 💵5 Million in Strategic Financing GME Experiences A 245% Increase in the Last 24 Hours Maple Finance Partners with Figment to Integrate Solana and Ethereum Pledging UK-Based Blockchain SaaS Solution AfriDex Secures 💵5 Million in Pre-Seed Funding Round Marginfi Prepares to Launch Stablecoin Product YBX and New Product Mrgnswap in 2024 Decentralized Perpetual Contract Trading Platform Infinex Now Supports Solana Raydium Announces Latest Updates on X Platform Solana Ecosystem DEX Raydium Launches v3 User Interface and New CPMM Program Solayer Opens Restaking Deposits, Hits 💵20 Million Cap Within 45 Minutes #HotTrends #2024
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#BTC #ETH #etf 🔥Spot Bitcoin ETF's Latest Developments🔥 (Part-42) Fidelity's FBTC Sees Net Inflow of 💵131.9 Million Over 700 Firms Could Hold Bitcoin ETFs Worth Nearly 💵5 Billion CME Group Plans to Launch Bitcoin Spot Trading to Meet Growing Demand Bitcoin Spot ETFs Witness Significant Net Inflows BTC Price Rises Above 💵66,000, Predicted to Reach 💵74,000 High Bitcoin Demand Back in 'Acceleration Mode', Says CryptoQuant Morgan Stanley Invests 💵269.9 Million in Bitcoin ETF Through Grayscale GBTC Market Rebounds After CPI Data Meets Expectations, Cryptocurrency BTC Rises Crypto Market Enters Consolidation Phase, Predicts Galaxy Digital Founder K33 Research Analyst: Nearly 1,000 Professional Firms Invest in U.S. Bitcoin Spot ETF as of March End Cryptocurrency Influencers' Advice May Not Be Profitable in the Long Run, Study Finds Record-Breaking Number of Holders for BlackRock's IBIT in Q1 US Initial Unemployment Claims Drop, Indicating Potential Strength in Job Market Bitcoin Mining Costs Estimated at 💵45,000, Says Recent Study Hong Kong Securities and Futures Commission Allows Investment in Overseas ETFs #HotTrends
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#BTC #ETH #etf 🔥Spot Bitcoin ETF's Latest Developments🔥 (Part-41) 10x Research Predicts Major Market Rally; Emphasizes the Need for Timely Decision-Making and Strategic Planning Bitcoin ETFs on the Rise as QCP Capital Suggests Accumulation Strategies Titan Global Capital Management Becomes Fourth Largest Holder of IBIT Shares US Unadjusted CPI Annual Rate Stands at 3.4% in April US Dollar Index Plummets Following Release of CPI Data Bitcoin Price Rises as Consumer Price Index Meets Expectations Bitwise CIO Predicts Increase in Bitcoin ETF Allocations US Senate Likely to Overturn SEC's Crypto Asset Accounting Rule Federal Reserve Official Expresses Doubts Over Bitcoin and Central Bank Digital Currencies Fed's Possible Rate Cut Triggers U.S. Dollar Sell-off, Sets Stage for Potential Gold Price Record Four U.S. Metropolitan Areas Experience Highest Inflation Rates in a Year Amidst Rising Energy and Housing Costs Fed's Kashkari: Fed May Maintain Current Interest Rates to Discern Inflation Direction Bitcoin Price Rises in Response to Slowing U.S. Inflation Incoming Vanguard CEO Declines to Launch Bitcoin Spot ETF Unexpected Early Release of CPI Data Due to Accidental File Upload #HotTrends
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