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#CryptoFees101 Project and Industry Dynamics 1. Twetch Platform Sudden Shutdown, Users' NFTs Trapped The social media platform Twetch, based on the BSV chain, shut down without warning, and users are unable to withdraw NFTs from the platform. The official statement claims they are "urgently handling" the situation but did not specify the reason. 2. Yuga Labs Plans to Dissolve ApeCoin DAO CEO Greg Solano criticized the inefficiency of DAO governance and plans to transfer assets to a new entity, ApeCo, focusing on core businesses like ApeChain. If approved, token holders will lose governance rights. 3. Institutional Holdings Reach New Highs The Bitcoin holdings of listed companies reached 809,000 coins (approximately $85 billion), more than doubling within a year. Investment advisors have become the largest holders of Bitcoin ETFs ($10.28 billion), and Ethereum ETF institutional holdings have surpassed $1.06 billion.
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#BigTechStablecoin Project and Industry Dynamics 1. Twetch Platform Sudden Shutdown, Users' NFTs Trapped The social media platform Twetch, based on the BSV chain, shut down without warning, and users are unable to withdraw NFTs from the platform. The official statement claims they are "urgently handling" the situation but did not specify the reason. 2. Yuga Labs Plans to Dissolve ApeCoin DAO CEO Greg Solano criticized the inefficiency of DAO governance and plans to transfer assets to a new entity, ApeCo, focusing on core businesses like ApeChain. If approved, token holders will lose governance rights. 3. Institutional Holdings Reach New Highs The Bitcoin holdings of listed companies reached 809,000 coins (approximately $85 billion), more than doubling within a year. Investment advisors have become the largest holders of Bitcoin ETFs ($10.28 billion), and Ethereum ETF institutional holdings have surpassed $1.06 billion.
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$USDC Project and Industry Dynamics 1. Twetch Platform Sudden Shutdown, Users' NFTs Trapped The social media platform Twetch, based on the BSV chain, shut down without warning, and users are unable to withdraw NFTs from the platform. The official statement claims they are "urgently handling" the situation but did not specify the reason. 2. Yuga Labs Plans to Dissolve ApeCoin DAO CEO Greg Solano criticized the inefficiency of DAO governance and plans to transfer assets to a new entity, ApeCo, focusing on core businesses like ApeChain. If approved, token holders will lose governance rights. 3. Institutional Holdings Reach New Highs The Bitcoin holdings of listed companies reached 809,000 coins (approximately $85 billion), more than doubling within a year. Investment advisors have become the largest holders of Bitcoin ETFs ($10.28 billion), and Ethereum ETF institutional holdings have surpassed $1.06 billion.
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#CryptoSecurity101 Why Crypto Market is Down Today?? As of June 6, 2025, the cryptocurrency market is experiencing a downturn due to a combination of factors: 1. Large-Scale Liquidations: Approximately $964 million in crypto positions were liquidated, contributing to a sharp decline in prices. 2. Musk-Trump Feud: A public dispute between Elon Musk and former President Donald Trump has unsettled investors, leading to negative sentiment in both stock and crypto markets. 3. Whale Sell-Offs: Significant holders of cryptocurrencies, often referred to as "whales," have been offloading assets, increasing selling pressure. 4. Technical Weakness and ETF Inflows: Bitcoin's price has shown technical weakness, and inflows into Bitcoin ETFs have cooled, indicating reduced institutional interest. 5. Options Expiry: Over $3.8 billion in Bitcoin and Ethereum options are set to expire today, leading to increased volatility as traders adjust their positions. The market is currently in a state of heightened volatility. Investors are advised to exercise caution and stay informed about ongoing developments.
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$BTC Why Crypto Market is Down Today?? As of June 6, 2025, the cryptocurrency market is experiencing a downturn due to a combination of factors: 1. Large-Scale Liquidations: Approximately $964 million in crypto positions were liquidated, contributing to a sharp decline in prices. 2. Musk-Trump Feud: A public dispute between Elon Musk and former President Donald Trump has unsettled investors, leading to negative sentiment in both stock and crypto markets. 3. Whale Sell-Offs: Significant holders of cryptocurrencies, often referred to as "whales," have been offloading assets, increasing selling pressure. 4. Technical Weakness and ETF Inflows: Bitcoin's price has shown technical weakness, and inflows into Bitcoin ETFs have cooled, indicating reduced institutional interest. 5. Options Expiry: Over $3.8 billion in Bitcoin and Ethereum options are set to expire today, leading to increased volatility as traders adjust their positions. The market is currently in a state of heightened volatility. Investors are advised to exercise caution and stay informed about ongoing developments.
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