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SOPH
0.04527
-1.07%
13
0
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🇭🇰 Hong Kong now accepts Bitcoin as proof of wealth for residency applications under its investment program. It’s an official nod: BTC isn’t just code but capital. Crypto keeps sliding deeper into the global financial system.#Bitcoin❗
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Thought for 5 seconds Based on what we’re seeing on the 15-minute candles for SOPH/USDT: Trend: Price has been in a clear down-trend over the past several hours, making lower highs and lower lows. Moving Averages: The 7-period MA (yellow, ~0.0568 is below the 25-period MA (pink, ~0.0589, which in turn is below the 99-period MA purple, ~0.0625. That alignment short MA under mid MA under long MA is the textbook definition of bearish momentum. Volume: After the large sell-off, volume has tailed off, suggesting there isn’t yet strong buying interest to drive a sustained reversal. Recent Price Action: You did see a small green candle off the 0.0558 low, but it’s rotating right at the 7-period MA. Until it can break and hold above that and ideally vault the 25-period MA around 0.0589 on good volume, it’s liable to grind sideways or roll back down. Outlook for the next 12 hours Unless we get a fresh catalyst e.g. a big volume spike pushing price above ~0.0570 and then ~0.0589, the path of least resistance remains to the downside or sideways chopping around 0.056–0.057. In other words, not a bullish setup yet—keep an eye on those moving-average levels and volume for any genuine turnaround signal.
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💸 Bitcoin Conference in Vegas set a Guinness World Record for most Bitcoin payments in a single day. Thousands paid with BTC like it was nothing special. Mass adoption begins when paying in Bitcoin feels normal.#Bitcoin2025
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Did you know Starbucks actually accepts Bitcoin? And it’s not some one-country experiment, crypto payments are going global. The sad part is that most retailers and cafes aren’t doing it for the love of decentralization. They just want to dodge 2.5% card fees and hedge against inflation. Still, like it or not, it’s a step toward real-world crypto adoption.#Bitcoin
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🔐 Always use https, not http. That little “s” means your connection is encrypted and no one can spy on your data. Without it, anything you send (like wallet keys or login info) is exposed. No https equals no trust.#CryptoSecurityAlert
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