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#TradingAnalysis101 Crypto Bear Market Claims Dogecoin; Skyren DAO Offers Stability Through Yield Farming. The crypto market is experiencing another turbulent period, with Dogecoin among the hardest-hit tokens in the latest bear market downturn. While the popular meme coin has seen tremendous highs fueled by social media hype, recent price movements suggest a struggle to maintain momentum. Meanwhile, Skyren DAO emerges as a beacon of stability, offering investors a strategic alternative through its yield farming and airdrop collection mechanisms. As uncertainty grips the market, Skyren’s structured approach provides an opportunity for those seeking consistent returns amid volatility.
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#WhiteHouseCryptoSummit The White House Official X account promotes Bitcoin! A surprising post about Bitcoin was shared on the White House's official X account on a Saturday night. The post declared, “America as the world’s Bitcoin superpower,” echoing a slogan from the Trump administration, “America’s golden age has begun.” It included a photo of former President Donald Trump signing the Bitcoin Strategic Reserve Executive Order alongside David Sacks, the US cryptocurrency and artificial intelligence chief. https://twitter.com/MCrypto026/status/1898566123953475771 This unexpected post did not sit well with economist Peter Schiff, who is known for his negative views on Bitcoin and cryptocurrencies. Schiff expressed his anger by questioning who was responsible for the post and who controlled the White House's X account. He also wondered if Trump was aware of the post and criticized it, saying, “What a disgrace that the office of the presidency is being used for the benefit of a few speculators and to the detriment of the country.” Despite the US administration's recent actions regarding Bitcoin and cryptocurrencies, the price of Bitcoin remains at around $85,890.
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#USCryptoReserve Macy’s, Inc. Reports Q4: EPS Beats Guidance, Net Sales Decline Macy’s, Inc. (NYSE: M) reported its financial results for the fourth quarter of fiscal year 2024, showcasing mixed outcomes. The company achieved a GAAP diluted earnings per share (EPS) of $1.21, while its adjusted EPS stood at $1.80, surpassing its prior guidance range. However, net sales for the quarter fell by 4.3% to $7.8 billion, with comparable sales down 1.1% on an owned basis but up slightly by 0.2% when including licensed and marketplace sales. This nuanced performance reflects the varied success across different segments of Macy’s operations. The company’s First 50 locations reported a 0.8% increase in comparable sales on an owned basis, and a 1.2% rise when including licensed sales. Bloomingdale’s and Bluemercury outperformed, with Bloomingdale’s recording a 4.8% growth in owned comparable sales and 6.5% when including licensed and marketplace sales. Bluemercury continued its growth trajectory with a 6.2% increase in comparable sales. Despite these successes, the overall sales decline was primarily due to underperformance in non-First 50 and non-go-forward locations. Macy’s ended the year with $1.3 billion in cash, up $272 million from the previous year, and generated nearly $1.3 billion in operating cash flow. The company also announced plans to resume share buybacks, contingent on market conditions, under its remaining $1.4 billion share repurchase authorization. #WHEN
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#TrumpCongressSpeech XRP Ecosystem expansion is inevitable. Ripple Labs has been actively enhancing the XRP Ledger with several technical updates to improve its functionality and expand its use cases. Expansion of Programmability and Smart Contract Capabilities – Ripple is committed to introducing advanced programmability, including native smart contract capabilities, to the XRPL. The introduction of an Ethereum Virtual Machine (EVM) sidechain is also in progress, enabling compatibility with Ethereum-based applications and tools. Such upcoming developments did not go unseen by the community and project builders, with the recent introduction of native stable coin RLUSD – the ecosystem is bound to explode!
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In CRYPTO market new coin launched soon #rubi download the APP and use the code : 89067
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