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Bitcoin Mining Difficulty Hits New All-Time High 😱 The #Bitcoin mining #difficulty was adjusted at block height 860,832 (on September 11 at 11:25), increasing by 3.58% to 92.67 T, setting a new all-time high. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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Lawmakers Clash Over DeFi’s Role in Finance 🧐 The first-ever Congressional hearing on decentralized finance (#DeFi ) on Sept. 10 revealed a sharp divide between U.S. lawmakers. Republican proponents like French Hill emphasized DeFi’s potential to create a freer financial system through peer-to-peer transactions without intermediaries. In contrast, Democratic representatives like Brad Sherman and Maxine Waters criticized DeFi for enabling #crimes , tax evasion, and regulatory noncompliance. Witnesses provided contrasting perspectives, with some advocating for DeFi’s role in financial inclusion, while others warned of its risks, including scams and investor exploitation. The debate highlighted the complexity of #regulating DeFi and its role in shaping the future of finance. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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OX Token Soars 50% After Listing on HTX 🚀 The decentralized exchange OXFUN's platform token, #OX , was listed on HTX on September 4th. According to market data, OX has surged by about 50% in the past three days. #OXFUN recently launched a grid profit strategy, generating returns through grid strategies on BTC, ETH, and SOL. The data shows that both the amount of OX burned as transaction fees and the open #interest in OXFUN contracts have reached all-time highs. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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Key Financial and Cryptocurrency Events to Watch: September 9-15 🗓️ This week's major events: 👉🏻 9/10 (Tuesday): Apple product launch event. 👉🏻 9/11 (Wednesday): U.S. August #CPI report; Presidential debate between Harris and Trump on ABC News. 👉🏻 9/12 (Thursday): U.S. weekly initial jobless claims report; European Central Bank interest rate decision. 👉🏻 9/13 (Friday): U.S. September University of Michigan Consumer Sentiment Index report. The cryptocurrency market remains weak, with Bitcoin down 10% in September, and investor confidence is low. However, implied volatility (IV) is #rebounding , especially in the short to medium term, and options trading is focused on next week’s Federal Reserve interest rate decision. In the crypto interest rate market, #Bitfinex has seen several high-interest orders, offering attractive opportunities for investors. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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APT, XAI, RENDER Among Tokens Set for Significant Unlocks This Week 🔓 According to Token Unlocks data, APT, XAI, and RENDER tokens will undergo significant one-time unlocks this week. The specific unlock details are as follows: • Xai (#XAI ) will unlock 35.88 million tokens at 17:30 on September 9, valued at approximately $6.36 million, accounting for 6.27% of the current circulating supply. • Aptos ($APT ) will unlock 11.31 million tokens at 18:00 on September 11, valued at approximately $66.16 million, accounting for 2.32% of the current circulating supply. • io.net (#IO ) will unlock 2.11 million tokens at 20:00 on September 11, valued at approximately $3.31 million, accounting for 2.22% of the current circulating supply. • Render ($RENDER ) plans to unlock 760,000 tokens at 08:00 on September 14, valued at approximately $3.59 million, accounting for 0.19% of the current circulating supply. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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