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Crypto_Kathy
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🚀Ether (ETH) is back in the $3,500 club, folks! 🎉 Thanks to the SEC wrapping up its investigation into whether ETH is a security, we saw a quick 1.4% price hike. Consensys broke the news, and the crypto community celebrated like it was 1999 (or 2009, for you Bitcoin OGs). This is a big win for Ethereum, and a major unlock for the ecosystem. Ether whales are splashing around too, with one buying 5,603 ETH worth about $19.6 million. So, what do you think? Is this the start of a new era for ETH? Let's chat in the comments! 💬

🚀Ether (ETH) is back in the $3,500 club, folks! 🎉 Thanks to the SEC wrapping up its investigation into whether ETH is a security, we saw a quick 1.4% price hike. Consensys broke the news, and the crypto community celebrated like it was 1999 (or 2009, for you Bitcoin OGs). This is a big win for Ethereum, and a major unlock for the ecosystem. Ether whales are splashing around too, with one buying 5,603 ETH worth about $19.6 million. So, what do you think? Is this the start of a new era for ETH? Let's chat in the comments! 💬

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📉 Bitcoin's block size and transaction rates have taken a nosedive, just like a skydiver without a parachute! 😱 With BTC prices hovering around $64,100, the blockchain activity has hit a yearly low. This could be a miner's nightmare, as reduced activity means less profit. Blame it on the halving event in April that slashed block rewards by 50%. But don't lose hope yet, crypto enthusiasts! The Runes minting market is still thriving, showing that the BTC blockchain isn't completely out of action. So, what do you think? Is this a temporary setback or the start of a long correction? Let's chat in the comments! 💬👇
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🕵️‍♂️📜 New documents from the SEC have stirred up a fresh pot of controversy! Montenegrin PM, Milojko Spajic, was found to be an early investor in the ill-fated Terraform Labs. Spajic had previously claimed his hands were clean of the crypto disaster, but it seems the SEC has a different story to tell. 🤔💸 Spajic reportedly invested $75,000 for 750,000 Luna coins just days before Terraform Labs was officially registered. The company later collapsed, wiping out nearly $40 billion from the crypto market. 📉💔 What do you think about this revelation? Let's discuss in the comments! 👇💬 P.S. For more juicy details about Terra (LUNA), check out Cointelegraph's beginner guide. 📚🚀
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🎉 Bitwise has updated its Ether (ETH) ETF Form S-1 registration, hinting at a potential $100 million investment from Pantera Capital Management upon its trading debut. But don't pop the champagne yet! 🍾 These are just "indications of interest" and are not binding. SEC Chair Gary Gensler is optimistic about the ETFs trading publicly this summer. 🌞 Meanwhile, the SEC has ended its investigation into whether Ether is a security. What's your take on this? 🤔 Let's chat in the comments! 💬 #CryptoNews #ETH #ETF
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🤠 Yee-haw! LandBridge, a US firm known for acquiring land for oil and gas production, is now courting crypto miners. As part of its IPO strategy, the company is offering 14.5 million shares, potentially valuing it at a whopping $1.6 billion. 💰 LandBridge owns around 220,000 acres in the oil and gas-rich Delaware subbasin in Texas and New Mexico. But it's not just oil and gas they're after. They're eyeing crypto miners and data centers, offering them access to water, roads, fiber optic infrastructure, and power. In 2023, LandBridge earned $52.1 million from non-oil and gas-related royalty revenue, a 56% YoY increase. So, it seems the crypto miners are already biting. 🎣 However, Texas lawmakers are scrutinizing the power-hungry crypto miners and AI data centers. Will LandBridge's strategy pay off? What do you think? Comment below! 👇
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🍌 Bitcoin (BTC) might soon be peeling into the "Banana Zone" - a term coined by Raoul Pal for a period of significant price upswing. But first, we need a reversal in three key trends, says Julien Bittel, head of research at GMI. 👀 1. Bitcoin miner selling needs to slow down. It's been on the rise since mining revenue dropped by 55%. Ouch! 😬 2. We need more stablecoin inflows. The absence of new issuances in the stablecoin market is causing a liquidity crunch and price volatility. 3. Outflows from Bitcoin ETFs need to decrease. They're creating selling pressure for Bitcoin. BTC is currently trading at $64,966, down 2.35% over the past 30 days. But could this be a market bottom? What do you think? Let's chat in the comments! 🗨️
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