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CURRENT UPDATE ON CRYPTOCURRENCY
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CURRENT UPDATE ON CRYPTOCURRENCY
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🚨🚨 #CryptoETF 🚨$BTC 🚨$ETH 🚨 Bitcoin ETFs 💰: Folks cashed out $56.3M, selling ~597 BTC. BlackRock’s IBIT likely got hit hardest, with BTC chilling at $94K. After a $1.4B inflow bender last week, this is a vibe check. 😎Ethereum ETFs 🧠: Investors ditched $2.3M and 1,280 ETH. Grayscale’s ETHE probably took the L, while Fidelity’s FETH held tight. ETH’s at $3,200, but X is saying BTC’s “digital gold” is stealing its thunder. 😕Big Picture 🌎: Market’s feeling edgy—maybe that $1.5B Bybit hack or trade war rumors. Still, BTC ETFs are up $2.1B this year, and some are hyping $180K if countries stack BTC. ETH could shine if ETF staking pops off. 🤑What to Watch 👀: Keep tabs on IBIT for BTC comebacks and FETH for ETH moves. Whales are snagging BTC, and X is buzzing about a Solana ETF vibe. 🎉
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🚨🚨 #EricTrump 🚨$BTC 🚨$ETH 🚨$XRP 🇺🇸 Eric Trump at TOKEN2049: “The old financial system is broken.” At the TOKEN2049 event in Dubai, Eric Trump didn’t hold back when talking about traditional banking: > “It’s a joke — why do banks still run 9 to 5, Monday through Friday, with an hour-and-a-half lunch break? The old financial system is broken.” Here’s what you need to know from that moment and beyond: --- 🔥 Key Takeaways: Outdated Banking Model Eric Trump slammed traditional banks for sticking to office hours in a 24/7 world. He argued that legacy systems are too slow, too rigid, and totally out of step with modern needs. Crypto as the Future He doubled down on his support for crypto, saying it's time to move toward digital currencies and decentralized finance that work anytime, anywhere. Strategic Crypto Reserve This follows President Trump’s recent announcement of a U.S. Strategic Crypto Reserve (SCR) — a national crypto stockpile made up of Bitcoin, Ethereum, XRP, Solana, and Cardano. Markets Reacted Fast After the SCR news: Bitcoin jumped past $94K Ethereum spiked by 13% Cardano surged by over 60% Dubai is the New Crypto Capital TOKEN2049 brought in major players like Binance and BlackRock. The event showed that Dubai is becoming the go-to place for serious crypto innovation.
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🚨🚨 #DeadCoins 🚨$ADA 🚨$XRP Over 50% of Cryptocurrencies Launched Since 2021 Have Died (According to CoinGecko's latest report) Here's what's going on in the crypto space: More than half the tokens launched since 2021 are now dead Out of 24,000+ cryptocurrencies, over 14,000 have failed — that's a whopping 52.7%. 2021 was brutal Despite being the year of the bull run, 5,724 tokens launched in 2021 didn’t survive. Over 70% of the projects that year failed. 2022 wasn’t much better Around 3,520 projects collapsed, marking a 60% failure rate. Things got slightly better in 2023 Only 289 projects failed out of more than 4,000 launched. That’s a much healthier survival rate — under 10%. What’s killing these projects? Easy token creation – It's so simple to launch a coin now, everyone’s doing it, but not many stick around. Memecoin mania – Tons of coins with no real use-case or roadmap. Abandonment – If a project has no trading activity for 30+ days, it’s marked dead. Many just vanish like that. 2025 update: The carnage continues This year alone, over 1.8 million tokens have already failed, making it the worst year for crypto failures yet. --- Current Market Snapshot (May 2025): Bitcoin (BTC): $96,584 Ethereum (ETH): $1,849 BNB: $604 XRP: $2.24 Cardano (ADA): $0.70 --- The crypto world is still wild — high risk, high reward. But the numbers show one thing clearly: most projects don’t make it.
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🚨🚨 #CryptoMarket 🚨$BTC 🚨$ETH Big News in Crypto – We Just Hit $3 Trillion! The total crypto market cap has officially crossed $3.01 trillion. Yep, trillion with a T. Daily trading volume is up too — around $86.27 billion — showing just how active the market is right now. After a rocky start earlier this month, the market has made a strong comeback. It’s been mostly green since mid-April. It’s not just Bitcoin doing the heavy lifting — altcoins are also seeing serious gains across the board. A lot of this momentum seems to be coming from institutional money and ETF inflows picking up pace. The overall vibe? Much more bullish than before. Confidence is clearly returning. That said, stay smart — fast growth can mean big swings. Volatility is still part of the game.
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🔥 BULLISH: Eric Trump on SWIFT and crypto 👇 “Sending money internationally through SWIFT is slow, costly, and complex. Crypto makes banks redundant.” @Cointelegraph News | Markets | YouTube
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