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Biggest Recent Hack: Stolen Funds Returned to #Alchemix
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Can Trump’s First 100 Days Bring Regulatory Clarity for XRP?
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Can Trump’s First 100 Days Bring Regulatory Clarity for XRP? The Biggest AI #MEME Token has launched! Turn $100 USD into $3,000 USD, Expect 30X Profit from AIG MEME Token. Join the Airdrop and Pre-sale at the Official Website ➯ PlayAiGames.online XRP is seeing big gains over the past few days, developed by the digital payment network Ripple. It’s currently valued at around $11 billion and is trying to go mainstream by launching its own ETF. However, it’s currently entangled in a long-standing case with the SEC, which seems to be blocking the launch. Ripple CEO, in the latest interview on BBC, has explained his crypto checklist sent to Trump for his first 100 days. “A War Against Crypto” When asked what are the main things he wants Trump to address, he noted that Trump has been self-proclaiming himself as a crypto President and has been a crypto advocate recently. He also highlighted that one of the first things Trump promised to do on the first day of his office was to fire Gary Gensler, who, Brad believes, “has really waged a war against crypto in the United States.” He emphasized that countries like the UK, Singapore, and Switzerland have ‘leaned into crypto’ and have created clearer rules, which has allowed the entrepreneurs and the capital to flow, which is helping the industry to grow and thrive. XRP Not A Security- The Law Of the Land Brad disclosed that they have been fighting with the SEC for three and a half years and that they won that case last summer. The judge in that case declared very explicitly that XRP in and of itself is not a security. The SEC is appealing part of that decision, but importantly, he noted that they’re not appealing the part of the decision that says XRP is not a security. He noted that they feel very good about this as the law of the land of the United States is that XRP is not a security. #XRP #Ripple #SEC #CryptoNews $XRP $BTC $ETH
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Bitcoin draws investors seeking refuge: Can BTC price soar to $80K?
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Bitcoin draws investors seeking refuge: Can BTC price soar to $80K? The Biggest AI #MEME Token has launched! Turn $100 USD into $3,000 USD, Expect 30X Profit from AIG MEME Token. Join the Airdrop and Pre-sale at the Official Website ➯ PlayAiGames .online Key PointsBitcoin is increasingly being seen as a store of value with major institutions betting on its future.Massive amounts of USDT are flooding the market, indicating signs of liquidity. Bitcoin’s status as a store of value is growing, with major institutions placing bets on its future. The cryptocurrency’s fixed supply of 21 million coins is a key factor in this trend. Institutional Interest in Bitcoin A report by financial intelligence firm River highlighted the ownership of Bitcoin across key stakeholders. The evolution of the derivative markets since the last presidential election, with Open Interest hitting a record $45 billion, has been crucial. Institutional interest provides long-term security and helps absorb speculative swings. Over the last 24 hours, $36.28 million in liquidations occurred, with $25.20 million in short positions closing. Liquidity and Market Conditions In contrast to previous cycles where USDT market dominance fluctuated, its dominance has steadily fallen this time. Despite Bitcoin entering a high-risk zone, the dominance showed consistent red bands, hitting a daily low of 6% on Election Day. Tether’s Treasury recently minted 1 billion USDT tokens in response to the current market conditions, with Bitcoin emerging as a safer asset. However, the market may be overheating, with the RSI indicating an overbought condition. Despite potential short-term sell-offs, the overall market sentiment points to a rally to $80k before the end of the month. This trend is supported by the rising uncertainty around ‘Trump trades’, making Bitcoin a safer bet than equities and bolstering institutional interest. #BTC #Bitcoin #BIOProtocol #CryptoNews $BTC $ETH $SOL
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