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Muhammad Azhar Bhatti

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#bnb BNB Drops Below 600 USDT with a Narrowed 0.25% Increase in 24 HoursOn May 07, 2025, 16:07 PM(UTC). According to Binance Market Data, BNB has dropped below 600 USDT and is now trading at 599.76001 USDT, with a narrowed narrowed 0.25% increase in 24 hours.$BNB 
BNB
838.09
-0.14%

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According to Odaily, REX Shares announced on the X platform that the Solana staking ETF, named "REX-Osprey SOL+Staking ETF," is set to launch soon. This ETF aims to track Solana's performance while generating returns through on-chain staking. It is reportedly the first staking cryptocurrency ETF in the United States. Bloomberg's senior ETF analyst Eric Balchunas revealed on the X platform that the U.S. Securities and Exchange Commission (SEC) has no further comments, indicating readiness for the launch. Previously, the SEC had warned REX Shares and Osprey Funds that their proposed staking Ethereum and Solana ETFs might not meet the legal compliance requirements under the Investment Company Act, as they may not fit the definition of an "investment company."#REX #BinanceTGEXNY #NEWTBinanceHODLer $SEI $ETC $BNB

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Cryptocurrency Market Sees $172 Million in Liquidations According to BlockBeats, data from Coinglass reveals that the cryptocurrency market experienced liquidations totaling $172 million over the past 24 hours. Of this amount, short positions accounted for $132 million, while long positions saw liquidations of $40.167 million.#BlockBeats #coinglass #BinanceTGEXNY $GALA $XRP $DOGE

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According to BlockBeats, Elon Musk has expressed his belief that artificial intelligence and robotics will lead to economic surplus and significant growth within the next decade.#NODEBinanceTGE #BTC110KToday? #BinanceTGEXNY $BTC $BNB $SOL

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#MarketPullback #DAOBaseAIBinanceTGE #SwingTradingStrategy #According to BlockBeats, Tether anticipates achieving an EBITDA of $7.4 billion by 2025. Based on the valuation multiple of 69.3 times for Circle, the issuer of USDC, Tether's potential valuation could reach $515 billion. Currently, USDT has a market capitalization of approximately $155 billion, with 420 million users worldwide, particularly in emerging markets and high-inflation countries, where it is widely used for savings and payments. Tether CEO Paolo Ardoino highlighted that USDT has become a practical dollar alternative for users in countries like Turkey and Argentina. The company has also established offline service points in Africa to promote stablecoin payments. Additionally, Tether is investing in sectors such as agriculture, artificial intelligence, and brain-computer interfaces to build the foundation for the future digital economy. Circle, which recently debuted on the U.S. stock market under the ticker CRCL.US, has a market capitalization of around $45 billion. Despite its stronger compliance, USDC's market share remains significantly lower than USDT. As the Stablecoin Innovation Act progresses through U.S. legislation, the competitive landscape for stablecoins may undergo significant changes.$SOL $BNB $XRP

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According to PANews, U.S. Treasury Secretary Besent stated on the X platform that cryptocurrencies do not pose a threat to the U.S. dollar. In fact, stablecoins could strengthen the dollar's dominant position. Digital assets are considered one of the most significant phenomena in the world today, and the United States is committed to becoming a hub for digital asset innovation. The GENIUS Act is seen as a step closer to achieving this goal. Besent previously highlighted that recent reports predict the stablecoin market could reach $3.7 trillion in the next decade. With the passage of the GENIUS Act, the outlook for the stablecoin market appears even brighter. The stablecoin ecosystem is expected to drive private sector demand for U.S. Treasury bonds, which underpin stablecoins. This new demand could potentially lower government borrowing costs, help manage national debt, and attract millions of new users globally to the dollar-based digital asset economy.#MarketPullback #CryptoStocks #USNationalDebt $DOGE $DYDX $ETC

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