$PENGU Holding Strong — Bulls Back in Control! 🐧🚀 $PENGU | CryptoClubHQ on Binance Square

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$PENGU  Holding Strong — Bulls Back in Control! 🐧🚀
$PENGU keeps the momentum alive, with bulls once again steering the market. A clean reclaim of the key resistance could open the door for another push toward ATH! 🔥

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⚠️ #FTX Recovery Trust Freezes Payouts to 49 Countries — China Hit Hardest The FTX Recovery Trust has paused payouts to creditors in 49 foreign jurisdictions due to legal uncertainties, according to a July 2 filing to the Delaware bankruptcy court. 🔒 Why the freeze? 🔸 Many of these countries including China, Nigeria, Andorra and Fiji—either ban crypto trading or restrict distribution agents. 🔸 The Trust must confirm releasing funds won’t violate local laws before proceeding. 📝 The process: 🔸 Creditors in affected countries will receive a “Restricted Jurisdiction Notice” explaining the freeze. 🔸 They have at least 45 days to object by submitting a sworn statement accepting U.S. court jurisdiction. 🔸 If no objection is filed or the objection fails, funds plus accrued interest will be forfeited to the estate. 🔸 Distributions stay suspended during disputes, pending court rulings. 💰 Impact by numbers: 🔸 The 49 jurisdictions account for about 5% of allowed claims by number. 🔸 But 82% of the frozen dollar value is held in China, the largest affected market. ⚖️ Next steps: 🔸 The Trust is reviewing each jurisdiction’s legal status. 🔸 Claims from blocked markets remain “Disputed” until resolved and legally approved or denied. #news $FTT

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🚀 Humanity Protocol Surges 17.5% in 24h, Peaking at +40% Intraday! The rally is fueled by multiple bullish catalysts: Bithumb’s new H/KRW listing, strong altcoin momentum, and heightened derivatives activity. 🔹 Bithumb Boost: South #Korea ’s Bithumb exchange saw over $46M+ in retail volume for $H, driving significant buying pressure. 🔹 Derivatives Drive: Launch of perpetual futures on OKX and other platforms has amplified speculative demand and leveraged positions. ⚠️ Momentum Watch: The RSI hit an overbought 94.29, signaling extreme short-term strength — but be cautious, as a pullback or correction could be imminent. 🔺 Approaching All-Time High: With $H nearing its ATH, expect strong resistance ahead. Stay alert and manage risk carefully.

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🇹🇷 Turkey Bans #PancakeSwap — Is Uniswap Next? 🚫 Turkey’s financial watchdog has officially blocked PancakeSwap $CAKE , marking the country’s first-ever crackdown on a DEX. 🗓️ On July 4, the Capital Markets Board (CMB) restricted access to PancakeSwap and CryptoRadar, citing “unauthorized crypto service provision.” This follows strict 2024 regulations that allow the CMB to block foreign crypto platforms operating without a license. 💡 What’s at stake? 🔸 Other major DEXs like Uniswap $UNI and Raydium $RAY could be next in line for restrictions. 🔸 DeFi tools, aggregators, and analytics platforms may also face bans. 🔸 Regulated crypto services remain legal — Turkish bank Bank Pozitif recently partnered with Taurus to launch licensed crypto offerings. 🏦 📊 Why now? 🔥 Turkey’s inflation crisis has driven citizens to seek stability in crypto. 💱 In 2024, the Turkish lira (₺) became the 3rd most-used fiat globally for purchasing crypto, overtaking the Euro. 🔐 Authorities say the crackdown aims to prevent money laundering and protect investors. ⚠️ The Bottom Line: Turkey’s DeFi crackdown is gaining momentum — PancakeSwap is just the start, and platforms like Uniswap could be next under fire. 🚨 #Turkey

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$BTC Holders Aren’t Taking Profits Yet — Market Top? Not Even Close! 🚀🔥 SOPR shows if #Bitcoin holders are selling at profit — and right now, the answer is clear: they’re still holding strong. Even with #BTC pumping, there’s no major profit-taking spike, no panic to exit… which means the big blow-off top? Still ahead. The real move hasn’t even started. Buckle up — there’s way more upside coming! 💥👀

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$BTC Nearing ATH… But No Cycle Top Warning Yet! 🚀👀 - NO FUD! #Bitcoin is making another move toward its ATH, but interestingly… VDD Multiple is cooling off — those spikes are fading. What does that mean? We’re not at a major cycle top yet, and the market still has fuel in the tank! 🔥 If #BTC breaks ATH and eyes $120K, those explosive VDD spikes could return — classic cycle top signals. But for now… it’s calm, it’s bullish, and the door’s still open for more upside. Stay sharp — this isn’t over yet! 💥

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