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ETH
is finally on the move,
XRP
is stealing the spotlight on TikTok, and even some popular NFT collections are up by double digits 📈. Is this the start of altseason, or are we just waiting for
BTC
to break the $100k mark and soar to the moon? 🚀
#XRP
#ETH
#NFT
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ETH
2,180.39
+1.04%
XRP
2.2306
+4.27%
BTC
85,174.15
+0.75%
982
0
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🚨 Citigroup narrowly avoided a trillion-dollar blunder! In April, the bank mistakenly executed a transfer of $81 trillion to a customer, a critical error that was caught by a vigilant employee before any funds could move. 💸 The intended transfer was only $280, highlighting significant deficiencies in the fiat banking system. Citigroup managed to reverse the transaction hours later, but this incident is part of a troubling trend—ten similar "near misses" involving $1 billion or more occurred in 2024 alone! 🔍 In a statement, Citigroup reassured that their preventative controls would have stopped any funds from leaving the bank, emphasizing their commitment to eliminating manual processes and enhancing automation. However, the bank has faced heavy criticism from regulators, leading to the ousting of former CEO Michael Corbat, who struggled with tech and compliance issues. This incident follows a previous mishap where Citigroup mistakenly sent nearly $900 million to Revlon's creditors in 2020, culminating in a court settlement in 2022. With a new CEO at the helm, will Citigroup finally improve its compliance and oversight? What are your thoughts on this banking blunder? Let us know! 💬
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🇰🇷 Exciting news from Korea! Bithumb, one of the largest cryptocurrency exchanges in the country, has signed a sponsorship deal with FC Seoul! ⚽️ This partnership is part of Bithumb's outreach efforts to provide unique experiences for customers and marks their eighth project in cultural contributions. As the official sponsor for the 2025 season, Bithumb's logo will be featured on FC Seoul's jerseys starting with their first home match against Gimcheon Sangmu FC. The collaboration includes promotional events during home matches and special benefits for Bithumb users, like player escort opportunities and stadium tours!
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🌟 Gold is shining bright in international markets, closing a strong February despite a recent pullback! The precious metal reached an impressive $2,954 per ounce on February, driven by fears of a prolonged trade war between the U.S. and other nations. Financial analyst Jesse Colombo, known for predicting the last financial crisis, remains optimistic, stating that $2,800 is a key support level that gold has maintained. He anticipates a rise to $3,000 and beyond, attributing the pullback to a rally in the U.S. dollar rather than any weakness in gold itself. 💰 With ongoing tensions from tariffs on China, Mexico, Canada, and the EU, the conditions that propelled gold to these heights are still in play. Analysts suggest that investors may increasingly seek hard assets amid uncertainties in the Russia-Ukraine negotiations. Bullionstar recently reported "unprecedented demand" for large gold bars, indicating tightness in the market as large investors and institutions rush to secure their assets. What are your thoughts on gold's future? Will it reach $3,000? Let us know! 💬
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According to Yishay Harel, CEO of Dymension, lowering barriers in crypto is key! 🌍 As more people access tools, the entire ecosystem thrives. Inclusivity fuels network effects! Critics worry about scams, but Harel believes democratizing token creation sparks innovation. With low hurdles, we can find those gems that create massive value! 💎 Emerging markets lead in grassroots crypto adoption, proving that accessibility drives real-world solutions. Dymension's standardized RollApps make it easy for anyone to launch their blockchain venture! The future is about creativity and meeting user needs. Let's embrace radical free markets! What do you think?
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🇨🇭 Swiss National Bank Says No to Bitcoin Reserves 🚫 SNB President Martin Schlegel has rejected calls to add BTC to Switzerland’s national reserves, citing high volatility and a lack of liquidity for monetary policy needs. This comes as a citizens' initiative pushes for bitcoin and gold-backed reserves—but the central bank isn’t convinced. Should Switzerland reconsider its stance on BTC as a reserve asset? Let us know your thoughts!
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