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#XRP Today WOD. Theme Sharia Earn 7 letters. $SOL
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$XRP Bit coin now #ADA
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$BNB BNB Hits New All-time High as Institutional Demand Surges: The sharp move upward followed Nano Labs Ltd’s disclosure of a massive over-the-counter (OTC) purchase of 120,000 BNB, valued at $90 million. This buy was executed at an average price of $707 and signals growing strategic confidence in the Binance ecosystem. The timing of the deal is notable—it comes just weeks after Binance completed over $1 billion in monthly token burns, shrinking BNB’s supply base and amplifying scarcity. Such large OTC deals typically absorb market liquidity without slippage, setting the stage for explosive moves once supply tightens and demand intensifies. Technical Breakout Confirms Uptrend: BNB’s price action also triggered a significant technical breakout, pushing beyond the $650 resistance zone and setting up a strong bullish structure. On the momentum side, the Moving Average Convergence Divergence (MACD) indicator flashed its strongest bullish divergence since June, with the histogram climbing to +9.48. The Relative Strength Index (RSI) surged to 86.7, indicating overbought conditions—but such readings often persist during parabolic runs. From a Fibonacci perspective, BNB breached the 127.2% extension level at $834, pointing to potential upside targets between $893 and $958 if momentum holds. Volume indicators confirm the breakout’s strength. Derivatives open interest rose 19% to $1.23 billion, while perpetual funding rates remain positive at +0.0137%, showing that long positions are paying to stay in the trade—another sign of bullish conviction. #ADA $BNB
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#CryptoClarityAct Digital Asset Market Clarity Act of 2025 or the CLARITY Act of 2025: This bill establishes a regulatory framework for digital commodities, defined by the bill as digital assets that rely upon a blockchain for their value. The Commodity Futures Trading Commission must generally regulate digital commodities transactions, including digital commodity exchanges, brokers, and dealers. To qualify for trade on an exchange (1) a digital commodity’s blockchain must be mature, or on a blockchain system that has achieved decentralized control as defined by the bill; or (2) the issuer of the digital commodity must file certain reports. The bill establishes requirements for trade monitoring, recordkeeping, and the commingling of customer assets. The bill exempts digital commodities on mature blockchains (and digital commodities on blockchains expected to mature within certain timeframes) from Securities and Exchange Commission (SEC) registration requirements if annual sales fall under a certain amount and other requirements are met. The bill provides the SEC with jurisdiction over digital commodity activities and transactions engaged in by certain brokers and dealers on alternative trading systems and by national securities exchanges. Digital commodity exchanges, brokers, and dealers are subject to the Bank Secrecy Act for anti-money laundering and related purposes. The bill also sets forth requirements for alternative trading systems, previously issued digital commodities, and provisional registration until the bill is implemented. #XRP $BTC
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#ETH Today WOD. Theme Sharia Earn 7 letters. $XRP
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