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Everyone gave up on $
SOL
at $10. Now it’s $
ETH
's turn to prove them wrong.
#ETH
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+3.27%
ETH
2,615.41
+3.35%
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Which large cap will lead the next leg?
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☕️ GM! Here are the top events in #Crypto from the past 24 hours 📊Market Updates 🔸Tether-backed Twenty One Capital buys 4,812 BTC for $458.7M, boosting its holdings to over $4B and now third among public firms. 🔸The SEC is seeking public input on in-kind redemptions for BlackRock’s Bitcoin ETF and has delayed decisions on Grayscale’s Solana and Litecoin funds. 🔸London-based Abraxas Capital bought 211K ETH worth $478M in 6 days, signaling renewed institutional interest post-Pectra upgrade. 🔸Thailand plans to issue a $150M “digital investment token” within two months, offering higher returns than bank deposits. 🔸GD Culture Group plans to sell up to $300M in shares to buy Bitcoin and the TRUMP memecoin for its crypto treasury strategy. 🌟Highlights 🔸Dubai partners with Cryptocom to accept crypto payments for government services, supporting its goal of 90% cashless transactions by 2026. 🔸Robinhood enters Canada by acquiring WonderFi for $179M, gaining control of Bitbuy and Coinsquare to expand its crypto reach. 🔸Arizona Governor Hobbs vetoes two crypto bills over risk concerns, while approving stricter rules on crypto kiosk operators. 🔸VanEck and Securitize launched VBILL, a tokenized US Treasury fund on four blockchains with a $100K–$1M minimum buy-in. 🔸SEC filings mentioned 'cryptocurrency' 786 times in April, a record high. 'Stablecoin' mentions also doubled, reflecting rising regulatory focus.
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Altcoins are waking up 👀 $ETH broke $2,500. $SOL hit $180. $PEPE doubled in a month. But it’s not time to ape into low caps just yet. Here are the 6 altcoins I’m trading this week, and what this early stage of the bull market tells us about what’s coming next 🧵👇
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Which altcoins are you rotating into this week and why?
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☕️ GM! Here are the top events in #Crypto from the past 24 hours 📊Market Updates 🔸Tether’s USDT hits $150B market cap, now 61% of stablecoin supply, as lobbying ramps up for a US-compliant stablecoin launch. 🔸Strategy added 13,390 BTC for $1.34B last week, raising holdings to 568,840 BTC and surpassing its 15% 2025 Bitcoin yield target. 🌟Highlights 🔸Nakamoto merges with KindlyMD to launch Bitcoin treasury, raising $710M in largest public crypto capital raise to date. 🔸SEC Chair Paul Atkins outlines a new crypto-friendly vision, criticising past policies and promising tailored rules and conditional exemptions. 🔸Coinbase jumps 8% after news it will join the S\&P 500, becoming the first pure-play crypto firm in the benchmark index. 🔸BitGo secures MiCA license in Germany, enabling crypto custody services across the EU for banks, asset managers, and crypto firms. 🔸Paxos-led Global Dollar Network adds 19 new partners to boost USDG adoption, aiming to grow its $285M Solana-based stablecoin. 🔸PumpSwap, the DEX linked to PumpFun, now shares 50% of revenue with token creators, paying 0.05% per trade in SOL per token. 🔸PREH launches $100M tokenized real estate fund on Chintai, backed by firms like KKR and Carlyle, offering fractional access to top US properties. 🔸Anchorage Digital acquires Mountain Protocol as it winds down USDM, aiming to expand institutional stablecoin services in a regulated framework.
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Latest News
U.S. House Committee Approves Trump Tax Cut Plan
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Ethereum Foundation Launches Trillion-Dollar Security Initiative
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Significant Bitcoin Withdrawal from Exchanges Over Recent Weeks
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Bitcoin's Correlation with U.S. Stocks Weakens, Enhancing Its Diversification Appeal
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Bitcoin's Potential Double Top Structure Raises Concerns
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