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Arla VEE369X24
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word of the day 4 letter answer is Risk 👍
#Binance
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ETH
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+6.38%
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Arla VEE369X24
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#ETHBreaks4000 Ethereum (ETH) has indeed broken the $4,000 barrier, reaching an intraday high of $4,237 recently. This surge is driven by several factors : Institutional Demand :- Ethereum Exchange-Traded Funds (ETFs) have attracted significant inflows, with BlackRock's ETHA ETF pulling in $727 million in a single day. Corporate treasuries are also accumulating ETH, with companies like BitMine Immersion and SharpLink Gaming acquiring nearly 2 million ETH since June. Technical Breakout :- Ethereum has broken above a multi-year ascending triangle, projecting a long-term target in the $6,000–$6,200 range if momentum sustains. The current resistance zone is around $4,350–$4,500, and a decisive weekly close above $4,820 could unleash a rapid rally toward $5,500. Whale Accumulation :- Whales have been accumulating ETH, with a notable $40.5 million over-the-counter purchase of 10,400 ETH. On-chain data shows whales leveraging DeFi platforms like Aave to accumulate at the $4,000 level. #Binance $BTC $ETH
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Binance word of the day answer today 9 august 2025 #Binance $BTC $BNB $XRP
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#ShareYourThoughtOnBTC Bullish 👍
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Today's 4 letter word of the day answer ✔️ visit my profile for daliy updates. #Binance $ETH $XRP $PEPE
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#BTC走势分析 #Binance #USFedBTCReserve The US Federal Reserve has made it clear that it's not allowed to own Bitcoin, according to Fed Chair Jerome Powell. This statement has cast doubt on the future of a national Bitcoin reserve, a concept championed by President-elect Donald Trump. Key Developments- National Bitcoin Reserve:- The idea of a national Bitcoin reserve gained traction during Trump's presidential campaign, with proponents arguing it could act as a hedge against the declining value of the US dollar. However, Powell's comments suggest that any changes would require legislative action, a significant hurdle given the partisan divide in Congress. Federal Reserve's Stance: - Powell stated that the Federal Reserve isn't permitted to hold Bitcoin and wouldn't look for a law change, leaving it to Congress to consider. This move has sparked a sell-off in the crypto market, wiping out over $800 million in leveraged positions. Potential Impact:- If implemented, a national Bitcoin reserve could potentially elevate Bitcoin to a national asset, similar to gold. Some lawmakers in states like Ohio, Texas, and Pennsylvania have introduced bills to establish state Bitcoin reserves. Regulatory Landscape:- The Federal Reserve's decision to withdraw guidance discouraging banks from engaging in crypto activities has been seen as a positive development for Bitcoin adoption. However, clear regulatory guidelines are still needed to support institutional adoption. Recent News The White House is set to release a crypto policy report outlining new US crypto regulations, including potential guidelines for stablecoin issuers and agency oversight. President Trump has signed an executive order establishing a Strategic Bitcoin Reserve and a United States Digital Asset Stockpile to manage the country's Bitcoin holdings .$BTC $BNB $ETH
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Latest News
Ethereum Price News: Ethereum Hits $4,300 Before Pullback — Traders Eye $4,400 as Next Milestone
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BNB Drops Below 800 USDT with a Narrowed 0.44% Increase in 24 Hours
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Ethereum (ETH) Surpasses 4,300 USDT with a 6.74% Increase in 24 Hours
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White House Crypto Council Executive Director Bo Hines Resigns
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Institutional Influence in Crypto Sector Grows Amid Regulatory Developments
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