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Meme Coins Surge: Meme coins like $PEPE , WIF, and $BONK are rallying, driven by renewed market optimism and increased trading volumes. This follows broader bullish sentiment and Bitcoin ETF inflows. #GENIUSAct
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Ethereum and Altcoin Rally: Ethereum ($ETH ) saw a 3.5% rise to $2,659.50 after the Pectra upgrade, which lowers network fees and enhances staking. Ether recorded its best week since 2021, with 30% weekly gains. Other altcoins like Solana and Chainlink (LINK) also rallied, with LINK up 75% since mid-April. However, most altcoins, except XRP, remain down year-to-date compared to Bitcoin. #MerlinTradingCompetition
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XRP Developments: $XRP Ripple's CEO commented on a major XRP milestone, though specifics were not detailed. A community commentator, "J4b1," suggested May 19 could be pivotal for XRP, potentially due to the launch of a futures ETF, which could pave the way for U.S. spot XRP ETFs. Over 11 of 70+ crypto ETF applications are XRP-related. The SEC's new chairman, Paul Atkins, is seen as crypto-friendly, potentially easing regulatory hurdles. XRP trades at $2.38, up 252% since 2024. #BinanceHODLerHAEDAL
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Coinbase Joins S&P 500: $SOL Coinbase will be added to the S&P 500 on May 19, 2025, marking a significant milestone for the crypto industry. This follows a cyber attack costing the firm up to $400 million due to hackers obtaining customer data. Despite this, the inclusion signals growing institutional validation, with Bitcoin surpassing $100,000 and altcoins like Solana, Ether, and XRP seeing significant capital inflows. #BinanceAlphaAlert
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