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bymshah
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#BTCvsETH (BTC) trades around $118,500, maintaining its role as a high-value, low-volatility asset. Ethereum (ETH) is priced near $3,820, showing stronger short-term growth driven by ETF inflows and DeFi momentum. While BTC dominates in total market cap, ETH is gaining ground with faster percentage gains and broader use cases. #BTCvsETH
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#StablecoinLaw The US government has recently passed the GENIUS Act, a law governing dollar-linked stablecoins. This legislation aims to provide regulatory clarity and oversight to the stablecoin industry, currently valued at $265 billion. *Key Provisions of the GENIUS Act:* - *Mandatory Reserve Requirements*: Stablecoin issuers must maintain sufficient reserves to back their tokens. - *Audits and Compliance*: Regular audits will be conducted to ensure compliance with the new regulations. - *Ban on Algorithmic Stablecoins*: Algorithmic stablecoins are prohibited due to their potential risks. *Impact on the Crypto Market:* - *Increased Institutional Adoption*: The GENIUS Act is expected to attract more institutional investors to the stablecoin space, driving growth and expansion. - *Regulatory Clarity*: The law provides a clear framework for stablecoin issuers, custodians, and users, reducing uncertainty and operational risks. - *Cross-Border Collaboration*: Foreign stablecoin issuers may seek US regulatory approval to expand their reach, promoting global cooperation.¹ ² *Market Reaction:* - *Growth in Institutional Crypto Assets*: Institutional crypto assets under management (AUM) have surged to $45 billion, with stablecoins accounting for over 60% of institutional digital asset holdings. - *Major Institutions Entering the Space*: Banks like Bank of America, U.S. Bank, and Amazon are planning to launch stablecoin products, leveraging the regulatory clarity provided by the GENIUS Act.
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$SUI Certainly! $SUI can go above and beyond expectations. I am sure of its potential to excel in various areas. With dedication and the right approach, success is within reach. Confidence in its capabilities is well-placed, and the future looks promising.
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#CryptoMarket4T The global crypto market cap has surged past $4 Trillion, driven by massive institutional inflows into BTC and ETH. Such a rapid increase in market cap signals a new era for digital assets and could reshape global finance.
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How to Ensure Your Pi KYC and Migration Process is Successful If you’re still unsure about your KYC or haven’t been migrated yet, follow these steps carefully: Check on Mainnet Open the Pi Network app, switch to the Mainnet tab, and tap the area that’s circled in the first screenshot (not shown here). This will show your current KYC/migration status. Open the Pi Browser Launch the Pi Browser, go to the KYC section, and tap the circled area shown in the second screenshot. You should see the message: "Status: Sent" when you tap it. Update Both Apps Make sure your Pi Network app and Pi Browser are updated to the latest versions. This helps prevent glitches during the process. Log Out and Log Back In After confirming the "Status: Sent" message on both apps, return to the Pi Network app. Log out, then log back in to refresh your account. ✅ What to Expect Insha’Allah (God willing), within 24 hours, your KYC status will be updated and your migration to the Mainnet will be completed. Still No Update? If nothing happens: Stay patient, as it may take a little longer. Keep trying the steps again later if needed. And for those who haven’t received KYC access yet, don’t worry — Insha’Allah, everyone will get their turn. Your time will come...#PiCoreTeam
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