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Early Bitcoin Holder Converts Assets to Ethereum in Major Transaction According to PANews, a significant transaction has been observed by Lookonchain involving an early Bitcoin holder who transferred 6,000 Bitcoins, valued at approximately $689.5 million, to purchase Ethereum. The address has accumulated a total of 278,490 Ethereum, worth around $1.28 billion, with an average purchase price of $4,585 per Ethereum. Additionally, the holder maintains a long position of 135,265 Ethereum, valued at approximately $581 million. Src: Binance News $ETH
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Spot ETH Insights 2025-08-22 08:00 UTC
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#CryptoIntegration Google has clarified its Play Store policy after facing backlash from cryptocurrency developers. The initial policy banned crypto wallets in the US and EU without federal licenses without any distinction between custodial and non-custodial wallets. The incident highlights the growing pains of integrating decentralized technologies into mainstream app ecosystems. The company's responsiveness to developer feedback demonstrates how Web2 platforms are adapting to accommodate the unique aspects of blockchain technology while balancing innovation. 💬 How do you see the relationship between Web2 platforms and Web3 technologies evolving over the next few years? Src: Binance News
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#MarketTurbulence Cryptocurrency Market Cap Falls Below $4.1 Trillion! According to BlockBeats, data from CoinGecko indicates that the total cryptocurrency market capitalization has declined below $4.1 trillion, currently standing at $4.068 trillion. This marks a 1.3% decrease over the past 24 hours. Src: Binance News
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