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Bitwise CIO says $
ETH
’s rally shows why investors shouldn’t stop at $BTC.
$LINK
$AVAX
$
atom
$
sol
and $
AKT
could be next to surge.
$ETH
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FTX will distribute over $5B to creditors on May 30. 🚨 We already pointed out the setup on $FTT If you paid attention — good. If not — there’s still time.
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🔥 Tether hits $151B market cap, could spark new crypto rally In May alone, $2.5B worth of new USDT was issued. The rising market cap of USDT is a strong indicator of potential buying power, signaling that the crypto market may be poised for growth as liquidity builds. 📉 Notably, USDT dominance has dropped from 6% to 4.6%—capital is rotating into altcoins and ETH. $USDC
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🪙 Brazil gets its first public Bitcoin company Brazilian publicly listed fintech company Méliuz has acquired 274.52 BTC worth $28.4 million. ✍️ The day before, the company’s shareholders approved its Bitcoin strategy. Méliuz currently holds 320.2 BTC, valued at $33.3 million. $BTC $USDC
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❌ Court rejects Ripple-SEC settlement The $50M agreement was denied due to a procedural error. 📉 XRP fell 4.5% in 24 hours, $21M in longs were liquidated, and open interest dropped 9.4%. Ripple and the SEC plan to refile the motion, with both parties still in agreement. $XRP #SEC
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Ethereum launches ‘Trillion Dollar Security’ initiative The Ethereum Foundation has unveiled a major new push to bring the network’s security to trillion-dollar standards. The goal: make Ethereum safe enough for everyday users, institutions, and even governments. • Focused on securing $1,000+ holdings for billions of users • Aims to enable secure $1T+ asset management via smart contracts • Includes full-stack audits — from wallets to infrastructure • Led by Ethereum Foundation members, samczsun, and Sigma Prime Big ambition — and a clear signal that Ethereum is gearing up for its next institutional leap. $ETH
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