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🔍 Rumor Check: No New China Crypto Ban Despite recent speculation, China has not issued a new ban on crypto trading or mining today. The 2021 ban remains in effect, but no fresh legislation has been announced. Community reports are likely based on unverified rumors rather than official policy. My view: current market reaction is overblown—stay informed and stick to credible sources. #cryptonewstoday #ChinaCrypto #RumorControl $PENGU
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$PENGU dips to ~$0.0339-0.0341 today (‑3.5%) amid consolidation. Support holds near $0.035; Resistance sits at $0.045–$0.048. If PENGU reclaims $0.042 with volume backing, a short-term move toward $0.048–$0.055 (~15–25%) is possible by tomorrow. My view: Technical pattern (bullish flag) and strong volume suggest a potential bounce—but a break below $0.033 may lead to $0.030–$0.031 levels. #PENGU #CryptoAnalysis #PricePrediction #MemeToken #Solana
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Hong Kong fintech firms raised $1.5B in July to invest in stablecoin and crypto projects ahead of new regulatory regime. Despite the excitement, HKMA will issue only a few stablecoin licenses early next year. > My view: This reflects responsible scaling of Hong Kong’s crypto strategy—firm foundation for long-term regulatory clarity and institutional adoption. #HongKongCrypto #StablecoinRegulation #CryptoFunding #CryptoPolicy
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> 🚨 Crypto sell-off hits hard today: U.S. tariff fears push Bitcoin below $115K. Ethereum, Solana, Dogecoin drop up to 8%. Liquidations across the board total ~$900M. Market sentiment turns risk-off fast as macro pressures intensify. #CryptoNews #Bitcoin #Tariffs #Liquidation #MarketVolatilityEdge
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