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🇺🇸 BREAKING: The Federal Reserve has announced no rate cuts, RATES UNCHANGED 🚨
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Binance’s June 8–9 airdrop of 16M $OL tokens (Binance announcement) created immediate selling pressure: 📌 Recipients claimed 1,836 OL each (worth ~$73 at $0.04 pricing) 📌 Historical patterns show 60–80% of airdrop tokens get sold within 72 hours- OL’s 24h volume surged 185% to $281M, confirming distribution This aligns with the token’s 📌 43.75% 30d decline as initial hype fades.
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SPK’s Binance HODLer airdrop distributed 200M tokens (2% of total supply) to users who staked BNB between June 10–14. Recipients immediately sold ~300M SPK ($18M at peak prices), overwhelming demand. With 17% of supply circulating at launch, the sell-off triggered a liquidity crisis on exchanges, where order books lacked depth to cushion the drop. This mirrors historical airdrop failures (Arbitrum, Starknet), where tokenomics prioritized short-term rewards over sustainable demand 👀
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🇺🇸👀 #macro retail sales (May): -0.9% (before: +0.1%)
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$TRX TRON’s reverse merger with SRM Entertainment (announced June 16) positions it as the first major Layer-1 blockchain on Nasdaq. The deal includes $100M in TRX treasury allocations, mirroring MicroStrategy’s Bitcoin strategy. SRM shares surged 580% post-announcement, creating spillover demand for TRX (Tron Merges with SRM) TRON now hosts 50% of global USDT supply ($79B), processing $23.7B daily. The June 16 $1B USDT mint—its 17th $1B+ mint in 2025—signaled institutional demand for TRON-based liquidity (TRX Transfer Volume)
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🌟 Trending Crypto News by Finarc ✨ - 🗞️ Ubyx, The Stablecoin Clearing System Enabling Bank & Fintech Off-Ramps, Announces $10M Seed Led by Galaxy Ventures - 🔄 EXCHANGE Joins Nansen Points Program as Its First Exchange Partner - 🗞️ EXCHANGE Germany and Poland: Exciting Gateway for Crypto Users - 🗞️ EXCHANGE Wallet becomes first crypto wallet to support national Vietnam QR payment - 🟡 Genius Group boosts Bitcoin holdings by 52% after court lifts crypto ban - 🗞️ EXCHANGE to Support THORChain (RUNE) Network Upgrade with Temporary Deposit and Withdrawal Suspension - 🟡 El Salvador adds 240 Bitcoin since signing the IMF loan agreement - 🟡 The Blockchain Group Secures €7.2M to Expand Bitcoin Holdings - 🗞️ Exploring Alternatives in Cryptocurrency: The Rise of Codename:Pepe (AGNT) - 🗞️ Eric Trump Praises Tron, But Denies Role in Listing Plans
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Senaste nytt
Ethereum(ETH) Surpasses 2,500 USDT with a Narrowed 0.33% Decrease in 24 Hours
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Fed Chair Powell Sees No Immediate Concern in Cooling Labor Market
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Fed Chair Powell Discusses Tariff Impact on Economy
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Federal Reserve Officials Divided on Interest Rate Cuts for 2025
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Cryptocurrency Legislation Nears Approval in the U.S.
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