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Kripto Kurdu
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Double-edged sword for Bitcoin! According to Coinglass data, while the BTC price is currently hovering around $109,598, the market has set a liquidation trap in both directions: 📉 Short Liquidation Level ($120,705): $2.43 billion 📈 Long Liquidation Level ($98,364): $2.83 Billion If the price breaks above, shorts will take a heavy hit. If it breaks below, longs will suffer a larger loss. #Liquidations In other words, the market is currently trading in the maximum pain zone. A volatility surge could be on the horizon.
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One Code, All Countries: Use CODE20 to Save 20% on Binance Spot Fees
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🎥 First Time in Crypto? Welcome aboard. A young trader panics after his coin drops 70% — but the old man next to him has seen it all before. This Pixar-style AI animation perfectly captures the moment every crypto investor gets their first lesson in HOD
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REX-Osprey Launches First Solana + Staking ETF in the US! #REX-OSPREYSolanaETF REX Shares and Osprey Funds are launching the first crypto ETF in the US this week that provides on-chain staking returns along with a spot SOL position. The ETF directly holds Solana by allocating at least 50% of its assets to staking for the purpose of distributing staking income. Through a strategic C-Corp structure, concerns regarding non-compliance with the SEC's 1940 Act have been addressed. Following the news, the SOL price rose by 4-6% to ~$158; DEX volumes also increased significantly. This move marks the beginning of an era for crypto ETFs that generate staking income for traditional investment instruments. Institutional investor interest could support the altcoin market.
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