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$PENGU guys should I close or wait please anyone answer quickly
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🔥 🔥 🔥 56,673,853 #USDC (56,668,242 USD) burned at USDC Treasury Details explanation below: 🔍 What Does It Really Mean When USDC is Burned? (Here’s what I found after some deep research 👇) Recently, I noticed a large amount of USDC being burned — over 56 million! That made me curious… so I dug deeper. 👉 What I found is this: Burning USDC means people are exiting the crypto market — but not in a panic way. Let me explain: When someone no longer wants to hold USDC (a stablecoin pegged 1:1 to the U.S. dollar), they can redeem it with Circle (the company behind USDC). In exchange, Circle gives them real U.S. dollars — and then destroys (burns) the USDC permanently. 🔥 That’s the key: Burning = That USDC no longer exists = That money has exited the crypto world and returned to fiat (real cash) So, when we see large-scale burning: • It often means big players are cashing out profits • Or institutions are reducing exposure • Or there’s just lower demand for USDC on-chain at the moment This is part of normal market cycles and liquidity flows. It doesn’t always mean a crash is coming — but it’s a good signal to watch for money rotation out of crypto. ⸻ 📉 TL;DR: (too long; don’t read) Burning USDC = Someone got their real USD back = That money exited the crypto economy. It’s a healthy sign that the system is working, but also a reminder: liquidity is leaving. Let me know your thoughts — have you been tracking USDC movements too? #CryptoResearch #USDC #Stablecoin #OnChainData #BinanceSquare $USDC $USDT
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BRICS and G7: Competing Visions for Global Leadership BRICS expands to 19 nations, G7 remains at 7 with selective guest invites. BRICS GDP share: 40% nominal, 41% PPP; G7 leads nominal GDP at ~44%. BRICS pushes de-dollarization, trade in local currencies, and strategic expansion. #macro #TrumpTariffs #BinanceTurns8
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Crypto Conviction Heats Up as Bitcoin Nears $109K Highs Bitcoin is trading around $108,800—just 2% below its all-time high from May 2025. On-chain data show both long-term and short-term holders adding to their positions at the same time. This rare alignment often precedes new price highs. The U.S. Dollar Index is at a 21-year low, which is boosting demand for risk assets like Bitcoin and Ethereum. GameSquare, a Nasdaq-listed company, just announced a $100 million shift into Ethereum as its primary reserve asset. This move highlights growing corporate confidence in ETH. Next week is “Crypto Week” in the House, with planned votes on three major bills: • The CLARITY market-structure bill • The Anti-CBDC Surveillance State Act • The Senate-passed GENIUS stablecoin bill In the Senate, Ripple CEO Brad Garlinghouse is testifying today, pitching XRP as “internet-scale money.” Meanwhile, the SEC has told spot-Solana ETF applicants to refile by the end of July—signaling possible approvals before October. On the speculative front, Elon Musk’s “peanut-powered rockets” tweet sent the PNUT meme token up over 10% in 24 hours. Other tokens like BONK and WIF remain range-bound as whales continue to accumulate. How are you positioning yourself—rotating, hedging, or holding steady? Follow Binance Square for live updates! $BTC #DayTradingStrategy
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“BTC rebounded off support today—$110K resistance in focus, fresh token unlocks ahead. Ready?” • “Binance update: pullback hit white-line, now eyeing $111K breakout.” • “Market cap at $3.37T with Bitcoin dominance at 64.5%.” • “New DAO/WETH pair showing early volume—even with low liquidity.” • “$53M+ in token unlocks this week—peep Peaq, Pi, ZkSync dates.” “Which unlock date or DEX pair are you watching? Share your focus below 👇” #TrumpTariffs #MuskAmericaParty #OneBigBeautifulBill $BTC $SOL
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WHAT A WILD DAY 🤯 SOMEONE HODLED 40K #BITCOIN ALL THE WAY FROM $30,000 TO $4.4 BILLION AND FINALLY MOVED/SOLD IT NOW. AN ABSOLUTE LEGEND!!! #NFPWatch $BTC
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