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Mr Michael
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I don't know if you've noticed 🤔 the way
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$SOL Treasury News: DeFi Development Corp. (DFDV) surged 17% after purchasing $2.7 million worth of $SOL (17,760 SOL at $153 each), bringing its total holdings to 640,585 SOL ($98M). The firm plans to stake the tokens and hold them long-term. Its stock is up 2,733% year-to-date despite a 33% drop from its May peak. The company also plans to raise $112.5M through private placements.
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$BTC Solo Miner Jackpot: A solo $BTC miner with only 2.3 petahashes of computing power improbably mined a full block, earning about $349,000 in rewards. This rare feat; roughly a 1-in-375,000 chance, shows the role of luck in solo mining.
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XRP Update: Ripple’s application for a U.S. banking license has boosted investor sentiment around $XRP potentially fueling a rally to $2.65. $XRP recently broke key moving averages and formed a bullish inverse head-and-shoulders pattern, indicating further upside if it clears resistance at $2.34. A break above $2.65 could push it toward $3, while failure to hold support at $2.14 may lead to a decline. The banking license would place Ripple under federal oversight, enhancing trust in its stablecoin operations.
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Copied: The anatomy of a crypto scam: How to stop and prevent common threats Crypto scams thrive on exploiting trust, greed, and the decentralized nature of digital assets. Common scam stages include the hook (enticing victims with fake opportunities), the setup (building trust), the execution (draining funds via methods like SIM swaps and poison wallets), and the escape (laundering funds through mixers and decentralized exchanges). Protection strategies involve using hardware wallets, two-factor authentication, careful due diligence, and blockchain analytics tools. Institutions are encouraged to implement advanced monitoring and collaborate with law enforcement to detect and prevent threats.
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$ETH failed to break above $2,600 despite a recent 9% rally, with futures and options data showing weak trader confidence. While technical indicators like a “golden cross” suggest potential for a bull run, low demand for leveraged positions and a futures premium below 5% reflect cautious sentiment. Ethereum’s growth in layer-2 solutions hasn't boosted $ETH demand, and competition from Solana especially after the launch of a $SOL ETF which has further weakened ETH's altcoin dominance and chances of surpassing $3,200.
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