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What’s one coin you’re holding purely because of a narrative play?
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VirtualBacon0x
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In trading, simple usually wins. Waiting for $BTC to show strength before touching alts saved a lot of people from getting chopped up.
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If you had to hold one altcoin for the next 2 years, what would it be?
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☕️ GM! Here are the top events in #Crypto from the past 24 hours 📊 Market Updates 🔸U.S. spot bitcoin ETFs saw $442M in inflows, marking a 5-day streak as BTC rose 1.3% to $93,687 during market resilience. 🔸Ark Invest raises its 2030 bitcoin bull-case price target to $2.4M, citing new aggressive modeling factoring in lost and held coins. 🔸Bitwise filed to launch a NEAR ETF in Delaware as the SEC under Trump shows a friendlier stance toward crypto fund approvals. 🌟 Highlights 🔸The Federal Reserve rescinded prior crypto guidance, ending pre-approval for banks and signaling a shift to normal supervisory processes. 🔸The SEC and Dragonchain filed to dismiss their lawsuit, citing the Crypto Task Force launch and a shift toward pro-crypto policies. 🔸SEC Chair Paul Atkins says crypto needs clear rules, pledges to work with Trump’s administration to establish a rational framework. 🔸South Korea’s People Power Party plans a "Digital Asset Promotion Basic Act" to boost the crypto sector and ease strict regulations. 🔸Michael Saylor says BlackRock’s IBIT will be the world’s biggest ETF in 10 years, as U.S. bitcoin ETFs saw $2.8B inflows in 5 days. 🔸Nvidia paused Arbitrum’s crypto partnership announcement, reinforcing its policy of excluding blockchain projects from flagship AI programs. 🔸Stripe is building a new stablecoin product via Bridge, targeting clients outside the US, EU, and UK.
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If you're waiting for someone to tell you what the current narrative is, you're already behind. The edge is seeing where capital is rotating before it hits the feed. Staying sharp and doing your own research goes a long way.
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☕️ GM! Here are the top events in #Crypto from the past 24 hours 📊 Market Updates 🔸BlackRock’s IBIT saw $643M in inflows, its largest in 13 weeks, as U.S. Bitcoin ETFs net $916M amid renewed investor confidence. 🔸The SEC delayed decisions on Polkadot and Hedera ETFs to June 11, citing the need for more time to review crypto fund proposals. 🔸Metaplanet hits 5,000 BTC milestone after $13.6M buy, now halfway to its 10,000 BTC goal as corporate bitcoin accumulation grows. 🌟 Highlights 🔸Securitize launches MI4 crypto index fund with $400M from Mantle, offering top asset exposure and DeFi yield via staking. 🔸Coinbase and PayPal expand partnership to boost PYUSD stablecoin use, offering zero-fee conversions and advancing global crypto payments. 🔸CME to launch XRP futures on May 19, offering micro and large contracts as part of growing institutional crypto adoption. 🔸Citigroup says stablecoin supply could hit $3.7T by 2030, calling 2025 blockchain’s potential “ChatGPT moment” due to rising adoption. 🔸ZKsync recovers $5.66M in hacked tokens after attacker accepts 10% bounty; funds now held by Security Council for governance. 🔸Former Celsius CEO Alex Mashinsky will be sentenced on May 8 for CEL token fraud and manipulation and faces up to 20 years in prison. 🔸Upbit and Bithumb suspend SNX deposits after sUSD depegs, citing risks tied to volatility and lack of use cases for the asset.
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