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#CryptoMarket4T Peter Thiel-Backed BitMine Grabs More Ether, Now Holds Over $1 Billion In ETH BitMine Immersion Technologies has amassed over $1 billion worth of ETH after buying another $500 million this week in ETH. The New York Stock Exchange-listed company said in a Thursday press release that it now had 300,657 ETH, making it the largest publicly traded corporate holder of the second-biggest crypto by market cap.
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#GENIUSAct President Donald Trump Officially Signs The GENIUS Act Into Law 🥳🥳🥳: What’s Next for Crypto? After passing the final House vote on Thursday, the GENIUS Act was enacted into law by President Donald Trump on Friday, July 18. The signing into law of the Genius Act was witnessed at the White House by top crypto leaders, including Tether (USDT) CEO Paolo Ardoino and Coinbase Global Inc. COIN CEO Brian Armstrong. The landmark crypto legislation will foster the development and adoption of stablecoins in the United States and globally. According to President Trump, during the signing ceremony, the GENIUS Act is a major milestone for the financial industry. #geniusactlaw #GENIUS稳定币 #altcoinseason
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#GENIUSAct Continuation of Bitcoin’s consolidation Bitcoin remains in a consolidation phase as bears thwart the bulls’ attempt to sustain the price above $120,000. BTC’s rally and the passing of three key pieces of legislation in the US House of Representatives have boosted sentiment in the cryptocurrency sector. That pushed the total cryptocurrency market capitalization to $3.85 trillion on Friday. Ether (ETH) is leading the altcoins charge higher, signaling the start of an altseason. Although sharp rallies are common during bull markets, traders should be ready for frequent pullbacks during the up move. $BTC $ETH $BNB
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#ETHBreakout3.5k Trump’s Crypto Venture Now Holds $251M in ETH The Trump family’s flagship crypto business, World Liberty Financial (WLF), has ramped up its Ethereum (ETH) accumulation, spending $3 million in USDC on July 18 to acquire an additional 861 ETH. According to Lookonchain, this latest buy brings WLF’s total ETH holdings to 70,143, worth an estimated $251 million, with over $23 million in unrealized profits.
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