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🔸DON'T BE GREEDY IN CRYPTO INDUSTRY
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🔸 INVEST WHAT YOU CAN AFFORD TO LOSE🌟
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USD Coin (USDC), a stablecoin pegged 1:1 to the U.S. dollar, was announced on May 15, 2018, by Circle and launched on September 26, 2018, through the Centre Consortium, a joint venture with Coinbase. Initially built on Ethereum as an ERC-20 token, USDC aimed to provide stability for digital transactions, addressing cryptocurrency volatility. Backed by cash and U.S. Treasury bonds, it ensures transparency with monthly attestations. By 2020, smart contract upgrades enhanced its use for payments and DeFi. USDC has since expanded to over 20 blockchains, including Solana and Polygon, becoming a leading regulated stablecoin for global payments and trading. $USDC
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Cryptocurrency stocks, shares of publicly traded companies tied to digital assets or blockchain technology, have gained traction as Bitcoin and other cryptocurrencies rally. Firms like Coinbase Global (COIN), a leading crypto exchange, and Robinhood Markets (HOOD), offering crypto trading, provide exposure to the sector without direct token ownership. Mining companies such as Marathon Digital (MARA) and Riot Platforms (RIOT) leverage Bitcoin’s price surges, while MicroStrategy (MSTR) holds over 592,000 Bitcoins, acting as a leveraged play. Recent news highlights Coinbase’s push for tokenized equities and Circle’s (CRCL) 25% stock surge amid stablecoin regulation talks. However, these stocks carry high volatility, driven by crypto market swings and regulatory shifts. For instance, GameStop (GME) and Trump Media (DJT) faced sharp declines after Bitcoin treasury announcements. Investors face both traditional market risks and crypto-specific uncertainties, making caution essential. #CryptoStocks
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HAVE SELF DISCIPLINE TO YOUR PORTFOLIO. DON'T INCLUDE EMOTIONS WITH YOUR TRADING.🌟 #RulsherArmy
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FAKE NEWS⚠️
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Latest News
Bitcoin Experiences Slight Decline Below $104,000
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Bitcoin(BTC) Drops Below 104,000 USDT with a 0.52% Decrease in 24 Hours
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BlackRock Acquires Over $750 Million in Ethereum Without Selling
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BNB Drops Below 640 USDT with a 0.36% Decrease in 24 Hours
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Circle's NYSE Debut Highlights Stablecoins' Growing Role in Finance
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