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#NasdaqETFUpdate
The Nasdaq Crypto Index expanded its lineup from five to nine digital assets. The SEC’s decision is pending on whether the Hashdex NCIQ ETF, which tracks this index, will be allowed to align its portfolio with the expanded index.
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#FOMCMeeting Traders and economists confidently expect the Fed to leave interest rates unchanged in the 4.25-4.50% range. The Fed is likely to revise down its full-year GDP growth estimate from 1.7% to closer to 1.3% or 1.4% after a slow Q1. A dovish surprise from the Fed – perhaps a hint that the door remains open to a July rate cut or a strong lean toward cutting in September (currently “only” 60% priced in) – could lead to a bullish breakout in EUR/USD.
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#VietnamCryptoPolicy Vietnam has passed a sweeping digital technology law that legalizes crypto assets and outlines incentives for AI, semiconductors and infrastructure. $WCT
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$BTC Bitcoin and other major cryptocurrencies traded higher on Monday morning, recovering from recent volatility triggered by geopolitical tensions. The overall crypto market capitalisation rose by 0.87% to $3.31 trillion. #wct
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#MetaplanetBTCPurchase Japanese investment firm Metaplanet announced on Monday that it had acquired 1,112 BTC for approximately $117.2 million, bringing its total holdings to 10,000 BTC and reaching the target it set for this year. $WCT
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#TrumpBTCTreasury Trump Media and Technology Group (TMTG), the company that owns US President Donald Trump’s Truth Social platform and is partially owned by the president, has received approval from the US Securities and Exchange Commission (SEC) for its registration statement tied to its $2.3 billion Bitcoin treasury deal. $WCT
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