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Warraich1
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go for short no chance of recovery unless
$BTC
to go upto 108000to grab long-term liquidity and than 119000 to shorters.... don't be fooled with others paid ones.... there is no any sign of altseason.... but a normal market .. pump and dump.......
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🚨🚨🚨🚨🚨 stay alert for major breakout ...... because it's still bear trap...... !!!!! Market volume is still on decrease.....!!! #CreatorPad $SOL
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Wall Street Issues Serious $6.6 Trillion Crypto Warning As Price Crash Fears Hit Bitcoin, Ethereum And XRP.....!!!! 🚨🚨🚨🚨🚨 Bitcoin—alongside other major cryptocurrencies ethereum and XRP—have fallen sharply, raising fears of a crypto market crash after it bubbled up to an all-time high of $4.2 trillion this month (just as Tesla billionaire Elon Musk breaks his silence on crypto). The bitcoin price has plunged from an all-time high of $124,000 per bitcoin just last week, dropping around 10% to $114,000, while ethereum and Ripple’s XRP have seen similar declines despite U.S. president Donald Trump dropping a surprise $12.2 trillion crypto bombshell. $ETH Bitcoin and crypto’s decline, coming just as JPMorgan makes a game-changing Federal Reserve flip, follows Wall Street giants issuing a warning that the recently passed Genius Act stablecoin bill could trigger a $6.6 trillion flood of account withdrawals. U.S. banking groups that count Wall Street giants such as JPMorgan and Bank of America as members have urged Congress to close a loophole in the recently passed Genius Act stablecoin bill that allows issuers of the dollar-pegged cryptocurrencies to offer yields via affiliates, warning it could trigger huge account deposit flight that would undermine the banking system. $BTC In April, a Treasury Department report estimated that stablecoins could trigger up to $6.6 trillion in deposit outflows, depending on whether they can offer interest or yield, with the stablecoin market expected to grow to $2 trillion by 2028, up from $280 billion today. $SOL Congress must protect the flow of credit to American businesses and families and the stability of the most important financial market by closing the stablecoin payment of interest loophole," the report, posted to the Bank Policy Institute website, and addressed to lawmakers, read. “Banks power the economy by turning deposits into loans. Incentivizing a shift from bank deposits and money market funds to stablecoins #BinanceAlphaAlert
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Wall Street Issues Serious $6.6 Trillion Crypto Warning As Price Crash Fears Hit Bitcoin, Ethereum..
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Congress’s Chance to Build a Better Federal Reserve
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Fed to scrap program devoted to policing banks on crypto, fintech activities.....!! The Federal Reserve announced on Friday it was scrapping a so-called "novel activities" supervision program it created to specifically police banks on their crypto and fintech activities, and instead will integrate that work into its regular bank oversight. $SOL The Fed launched the new program in 2023 as a way to focus on how banks interact with those emerging technologies. But the central bank said it was no longer needed as the Fed has strengthened its understanding of those risks and how banksmanage them. $XLM $BNB #CryptoClarityAct
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