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Ethereum (ETH) has been facing significant challenges recently. Over the past few days, approximately $258 million worth of ETH was sold off, contributing to a continued price drop. ETH is currently trading around $2,299, marking a sharp decline from earlier in Several factors are contributing to Ethereum's struggles. First, there has been a noticeable decline in daily active addresses on the Ethereum network, reflecting reduced activity. Additionally, Ethereum ETFs have experienced significant outflows, with a cumulative total of $582 million exiting over recent months. These trends indicate investor concerns, especially as Bitcoin ETFs, by contrast, have attracted significant inflows Moreover, Ethereum's performance relative to Bitcoin has hit a three-year low, with ETH underperforming since its 2022 Merge upgrade. This has raised concerns about Ethereum’s future momentum, as the ETH/BTC ratio continues to fall, which could further delay an altcoin market rally Ethereum's next potential price movements hinge on fundamental shifts in the market and renewed investor confidence. Some analysts expect a potential rebound in 2025, but the immediate outlook remains cautious. $ETH $SOL $ETH
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CATI COIN BINANCE EXCHANGE LAUNCHThe Catizen (CATI) token is set to launch on Binance's Launchpol starting September 16, 2024. Users can farm CATI tokens by staking BNB or FDUSD. In total, 90 million CATI tokens will be distributed as rewards over a four-day farming period, with 76.5 million allocated to the BNB pool and 13.5 million to the FDUSD pool. CATI will be officially listed on Binance for trading on September 20, 2024, with pairs like CATI/USDT, CATI/BNB, CATI/FDUSD, and CATI/TRY. The total supply of CATI is 1 billion tokens, and 305 million tokens will be in initial circulation, promising significant trading volume due to its innovative connection to the "Catizen" Telegram-based game. This listing highlights Binance's ongoing support for game-based tokens and is expected to generate considerable interest, with analysts predicting a price increase driven by the popularity of the game and Binance's platform #BinanceLaunchpoolCATI #DOGSONBINANCE #BinanceTurns7 #CryptoPCEWatch #CryptoPCEWatch @dappOS_com @MoeX @Abu-Hamza @gala_eth @Binance Blog
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Polygon's new token, POL, has recently been listed on Binance following its upgrade from the previous MATIC token. This listing went live on September 13, 2024, allowing users to trade POL with major pairs like POL/BNB, POL/BTC, and POL/ETH. The token swap marks a significant rebranding and includes updates to the tokenomics, with a 2% annual emission rate to incentivize holding. As a result, POL's price surged by about 15% following the announcement( markets.businessinsider.com Binance This smooth transition from MATIC to POL has been seen as a successful upgrade, setting a new standard for token migrations( COINOTAG NEWS#BinanceLaunchpoolCATI #Polygone #Polygone #Pol ChatGPT can make mistakes. Check important info.
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Elon Musk and Tesla's involvement with Bitcoin (BTC) has been significant since 2021, when Tesla purchased $1.5 billion worth of BTC and announced that it would accept Bitcoin as payment. However, Tesla later suspended Bitcoin payments due to environmental concerns over Bitcoin mining's high energy consumption. By 2024, it's expected that Elon Musk's stance on Bitcoin and cryptocurrencies may continue to evolve, but no official statement has been made regarding new plans for Bitcoin or other cryptocurrencies. Tesla's involvement with BTC may also depend on developments in Bitcoin's energy efficiency or regulatory changes. Would you like more information on Tesla's current cryptocurrency holdings or Elon Musk's views on BTC?#DOGSONBINANCE #BinanceLaunchpoolCATI #BTC☀ #DOGSONBINANCE #AiNarratives
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UK Bill Recognizes Digital Assets as Personal Property Under New Law UK Bill Recognizes Digital Assets as Personal Property Under New Law The UK Ministry of Justice has introduced the Property (Digital Assets etc) Bill to recognize bitcoin and other digital assets as personal property under English and Welsh law. Led by Justice Minister Heidi Alexander, this bill addresses legal uncertainties around digital assets, ensuring better protection for owners in fraud cases and disputes. It also positions the UK as a leader in global digital asset regulation, boosting its economy and legal services. UK Introduces Bill to Legally Recognize Digital Assets The UK government announced on Wednesday that the Ministry of Justice has introduced the Property (Digital Assets etc) Bill to clarify the legal status of bitcoin and other digital assets. The bill, led by Justice Minister Heidi Alexander, seeks to formally recognize digital assets, including cryptocurrencies and non-fungible tokens (NFTs), as personal property under English and Welsh law. $BTC $ETH $BNB #UKGovernment #BTC☀
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實時新聞
ETH 突破 2,300 USDT,24 小时跌幅收窄至3.13%
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BNB 跌破 530 USDT,24 小时跌幅5.09%
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摩根大通:比特币挖矿电力需求将增加,天然气是合理电力来源
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Protect Progress PAC 支持亚利桑那和密歇根州参议员候选人花费约780万美元
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