Jonbinh

@999eth

2214 Following

547 Followers

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Ethereum (ETH) Ethereum Hits 5-Year Low – Why Ethereum (ETH), once the “bright gem” of the altcoin world, is under heavy pressure as its price falls to its lowest level since 2020. Weak network activity, a sharp decline in active addresses, and falling transaction fees – though offset by record-low token burns following the Dencun upgrade – have created significant inflationary pressure. With its value falling, the question is: Can the blockchain giant recover from its long slide, or is this just the beginning of a never-ending decline? Ethereum Falls Behind Bitcoin With Deeper Bearish Momentum Ethereum’s latest price drop marks a worrying divergence from Bitcoin. As ETH plunges to a five-year low, its downtrend is even stronger than BTC’s.

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I just completed "Ink: Contracts" on Layer3 - https://app.layer3.xyz/quests/ink-contracts

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Bitcoin ETFs Report 10th Consecutive Day of Net Inflows Bitcoin ETFs in the US continued to record a 10-day streak of positive inflows on Thursday, marking the longest streak since December. “This shows that although institutions are not really taking much risk, there is still a demand for Bitcoin exposure in the market,” said Min Jung, an analyst at Presto Research. According to data from SoSoValue, Bitcoin ETFs continued to see a total of $89 million in daily net inflows on Thursday. Fidelity’s FBTC fund attracted $97.14 million, while BlackRock’s IBIT also recorded nearly $4 million in inflows.

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One GM a day keeps the owl away! Join in! ✨ #GM #GMstreak #GMDaily https://gmonchain.vercel.app

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Just joined the Ink guild. Continuing my brave quest to explore all corners of web3! guild.xyz/inkonchain

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Check out "Farcaster: Lion" on @coinbasewallet https://wallet.coinbase.com/nft/mint/eip155:8453:erc721:0xd31f59ac7266dfeae42028a8ddd3c0fa024f4165?referrer=0x81C3aC2ad6cd691DF99F21DEf271dd120d62EA71

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Check out "Farcaster: Lion" on @coinbasewallet https://wallet.coinbase.com/nft/mint/eip155:8453:erc721:0xd31f59ac7266dfeae42028a8ddd3c0fa024f4165?referrer=0x81C3aC2ad6cd691DF99F21DEf271dd120d62EA71

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Just collected my Newtonian Gold NFT! guild.xyz/magic-newton/collect/polygon/0x3282acb7ef42d8dd1ce6cc9d792b59ca72f9cf2b

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Farcaster updates: 1/ Update warpcast to the latest version. 2/ Deposit at least 0.003 ETH to the base network 3/ Wait a moment to check your profile and you will receive an avatar frame. This framework is a limited bonus for early deposit users.

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Nigeria sued Binance for 81.5 billion USD, accusing it of causing a decline in the value of the local currency The Nigerian government has sued Binance, the world's largest cryptocurrency exchange by trading volume, for a total of $81.5 billion. Of which, 2 billion USD is tax arrears, while 79 billion USD is said to be economic damage due to Binance's alleged contribution to devaluing the Naira. According to Reuters, the Nigerian Federal Revenue Service (FIRS) confirmed that Binance has a "significant economic presence" in Nigeria but has not fulfilled its tax obligations for the years 2022 and 2023. The agency also asked Binance to pay 26.75% interest on the outstanding tax amount and continued to accuse the platform of putting negative pressure on the naira exchange rate in the foreign exchange market.

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President Milei said he was not trying to promote LIBRA tokens, only Americans and Chinese people lost money Argentine President Javier Milei said he had no intention of convincing people to buy the LIBRA memecoin, but simply “spreading the word,” according to an interview with Bloomberg. “I'm not an expert. My expertise is economic growth, with and without money,” Milei said. “As someone who is very passionate about technology, when I saw the possibility of having tools to fund entrepreneurs' projects, I just wanted to spread the information.”

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How did Argentine President Javier Milei pull off the biggest cryptocurrency scam in history? Argentinian President Javier Milei shocked the cryptocurrency market when within just 5 hours, a memecoin he announced collapsed completely, taking with it $4.6 billion in market capitalization. However, not only did the coin disappear, but his reputation may have also been seriously affected. He is being impeached by the opposition party for embarrassing Argentina in the world.

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US Customs delayed a shipment of Bitcoin miners imported from China Coin mining companies in the US are facing difficulties when receiving ASIC miners from China is delayed due to increased inspections by US Customs and Border Protection (CBP). China - the leading country in the production of Bitcoin (BTC) miners - is currently under strict supervision, greatly affecting the supply of equipment to the US market. According to Bloomberg, many shipments of Bitmain miners were withheld after the US Department of Commerce blacklisted Xiamen Sophgo Technologies Ltd., a company affiliated with Bitmain, in January 2025 for allegedly supporting China's advanced chip technology ambitions.

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I just signed up for the Lit.id waitlist! https://litid.deform.cc/list?referral=P96AzW3IynWi

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Just collected my Eye of the Seeker NFT! guild.xyz/inkonchain/collect/ink/0x9234d821c10b72e09c594f882f1d5dacf2621006

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ZK Proof 2025: A year of new breakthroughs, 100-fold improvement Zero-knowledge (ZK) proof experts predict the technology will continue to grow and be widely adopted by 2025. They specifically point to improvements in proof performance and supporting tools for developers. These are changes that make the technology more practical in enhancing privacy and scalability.

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IT engineer's request to find $770 million in Bitcoin from landfill is denied by court James Howells, an information technology engineer from Newport, Wales, accidentally lost his hard drive containing Bitcoin in a landfill in 2013. After years of persistent legal fighting, he had to accept failed in court today when unable to access the hard drive burial area to find the precious Bitcoin. The hard drive stored 8,000 Bitcoins mined in 2009, now worth more than $770 million. The judge dismissed the case, citing “no realistic prospect” of success in a full trial.

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IT engineer's request to find $770 million in Bitcoin from landfill is denied by court James Howells, an information technology engineer from Newport, Wales, accidentally lost his hard drive containing Bitcoin in a landfill in 2013. After years of persistent legal fighting, he had to accept failed in court today when unable to access the hard drive burial area to find the precious Bitcoin. The hard drive stored 8,000 Bitcoins mined in 2009, now worth more than $770 million. The judge dismissed the case, citing “no realistic prospect” of success in a full trial.

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Kraken and a16z leaders are running for CFTC chairman position According to Fox Business reporter Eleanor Terrett, President-elect Donald Trump's transition team is actively looking for candidates with crypto-friendly views to take on the role of the next Chairman of the Commission. Commodity Futures Trading Commission (CFTC). Potential candidates Among the nominated names, there are prominent faces such as Summer Mersinger, currently CFTC Commissioner; Brian Quintenz, a16z's Director of Crypto Policy and former CFTC Commissioner; with Marco Santori, Chief Legal Officer of Kraken. The report says that Mersinger and Quintenz are currently the “best candidates” for this position as they both possess rich experience and extensive strategic vision in the field of cryptocurrency policy

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Illuvium integrates AI Agent through Virtuals Protocol: Breakthrough innovation for Ethereum games The Ethereum Illuvium game is about to integrate Virtuals Protocol technology, to improve the quality of NPC characters using artificial intelligence (AI). This comes after Virtuals Protocol saw a sharp increase in popularity recently, thanks to the reduction in barriers for creating AI Agents, leading to the emergence of many new characters to be added to the game. Crypto X's favorite coin. Virtuals Protocol combines AI Agents with the proprietary G.A.M.E large language modeling framework that powers these Agents. One of Virtuals' most popular products is AiXBT (AIXBT), which currently has a market cap of $489 million, with more than 320,000 followers on X.

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