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Solana Update Post Hey everyone! Let's dive into the latest updates on Solana. Current Price and Market Performance Solana's current price is $163.75, with a 6.82% decrease over the past 24 hours. Despite this dip, Solana's market capitalization stands strong at $85,177,724,356. Recent Developments - *Solana's Sonic SVM Chain*: Introduced a new token burn mechanism to boost liquidity and reward holders. - *Phantom's Liquid Staking Token*: Phantom has launched its own liquid staking SOL token, enabling traders to use it within its wallet app. - *Sygnum Bank's Staked SOL Collateral*: Sygnum Bank now allows clients to use staked SOL as collateral for multi-currency loans, driving institutional demand. - *DeFi Development Corp's Solana Holdings*: DeFi Development Corporation has surpassed $100 million in Solana holdings, purchasing 172,670 SOL tokens for approximately $23.6 million. - Pump.fun's Revenue Sharing: Pump.fun will reward token creators with 50% of all revenues from token trading volumes. Future Prospects - *Solana Price Rally*: Analysts predict a potential rally to $200, driven by improving DeFi metrics and strong network statistics. - *Resistance and Support Levels*: Solana faces resistance at $180, with support levels at $125. Key Metrics - *24-hour Volume*: $6,621,550,017 - *Market Capitalization*: $85,177,724,356 - *24-hour Low/High*: $160.52 / $175.93 Stay tuned for more updates on Solana's performance and developments ¹! #solana
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I lost 16000 USDT . All my savings are gone 😭😭 No more Trade in Future 😞 Until when I prepare my self much more and one day will come when i recovers all my Losses back 😔😓
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History repeats itself, larege BTC move is coming!!!!!!! Bitcoin Post-Halving trends 2016: Consolidated for 170 days before breaking out. 2020: Consolidated for 168 days before breaking out. 2024: Currently consolidating for the past 129 days. If history repeats, $BTC might consolidate for another 35–40 days before a significant breakout.
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Big Day in the Cryptocurrency World: Bitcoin and Ethereum ETFs Will Start Trading in the UK Following the launch of Bitcoin and Ethereum Spot ETFs in the USA, this time the UK is introduced to these products. The UK's financial regulator, the Financial Conduct Authority (FCA), has taken a significant step towards aligning the UK with other financial centers in the field of digital assets by approving the first cryptocurrency ETPs. WisdomTree Inc, a leading asset management firm, announced that it has received approval from the FCA to list a pair of hard-backed crypto ETPs following Bitcoin and #Ethereum on the London Stock Exchange. These products could begin trading as early as May 28, the company said in a press release on Wednesday. In a separate statement, Invesco Digital Markets also confirmed that it has received approval for the Bitcoin ETP and expects transactions to begin on the same day. A number of other issuers, including #ETC Group, 21Shares and CoinShares, have also applied to list their own crypto products in the UK. The FCA's website showing approvals listed listings from WisdomTree, 21Shares and Invesco Digital Markets Plc as of 12pm on Wednesday, the deadline to enter the first day of trading. Although all listed products will directly hold Bitcoin or #Ethereum , they will only be available to professional investors under rules set by the FCA. This represents a stricter stance than in the US, where a new group of #Bitcoin ETFs approved in January now manage a total of $59 billion.
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Donald Trump Looked for a Solution in Bitcoin to Solve the USA's 35 Trillion Debt! Bitcoin Magazine #CEO included Donald #Trump's remarkable interest in #Bitcoin (BTC). David Bailey, CEO of Bitcoin Magazine and an assistant in Trump's cryptocurrency campaign, made remarkable statements. Bailey stated that #Trump consulted him about whether Bitcoin could be a solution to solve the US's $35 trillion debt, and that this conversation took place in the first meeting. In response to Trump's question, Bailey said that he had some ideas but was not ready to discuss this issue in their first meeting. The Bitcoin Magazine team, one of the first content producers of the cryptocurrency industry, continues to advise Trump on developing a friendly policy towards Bitcoin and cryptocurrencies. #Ethereum founder Vitalik Buterin was once a content editor for this team. Trump, who included cryptocurrency donations in his presidential election campaign and stated that he would bring freedom to cryptocurrencies in almost every speech, managed to attract the attention of the industry. It is thought that the US presidential elections, which will take place in November, will have a serious impact on cryptocurrencies.
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