Denscoin

@denscoin

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💸 Over the past week, net inflow into spot BTC-ETFs was +$1.106 billion, the week before the inflow was +$397.2 million. 💸 Net inflow into spot ETH-ETFs was +$85 million, the week before the outflow was -$25.6 million

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💸 BTC can reach $100-200 thousand or even higher — too much demand and not enough supply - Bitwise

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LIME has successfully completed the fourth LIME burn on the BNB Chain. This time, 269,500 LIME tokens were burned. 🔥 The goal is to reduce the amount of LIME available in circulation to maintain demand.

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BTC has officially reached a market value of $65,000 for the first time since August 1. The continued accumulation of whales and sharks has undoubtedly been a factor in preventing BTC from seeing a sustained decline. Over 6 months, more than 10 BTC wallets have accumulated $4.08 billion in BTC.

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💸 BlackRock has purchased 359,279 bitcoins worth over $23 billion since January 2024.

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The court sentenced the former head of Alameda Research, Caroline Ellison, to two years in prison. The judge said Caroline Ellison's cooperation was a key part of the prosecution.

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Only 43% of users qualified for the first season of Hamster Kombat drops. The Hamster Kombat team said that 2.3 million users were banned from the game for cheating

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Michael Saylor: "Once you get BTC and it starts clicking in your mind, your immediate reaction is I have to hurry and buy as much as I can because someone else is going to take all my BTC from me."

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Jeff Kendrick, head of Standard Chartered, believes that BTC is likely to reach $200,000 by the end of 2025, regardless of who wins the US presidential election in 2024.

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BingX reports that most of its users' assets are securely stored in cold wallets, where $10 million is already stored. The BingX technical team is upgrading the wallet structure and eliminating any residual risks related to the incident. We have sufficient reserves to cover all potential losses, BingX representatives said.

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Since the beginning of 2024, the total supply of stablecoins has grown by $41 billion.

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The SEC accuses the DeFi platform Rari Capital and its founders of misleading investors and operating as unregistered brokers

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The Human Rights Foundation has donated 10 BTC worth $590,000 to fund 20 BTC development projects around the world.

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Arkham: https://www.arkhamintelligence.com/announcements/bhutan-governments-750m-btc-now-on-arkham The Bhutan government wallet has $780 million in $BTC.

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ETHBTC Ratio Falls Below 0.04, Lowest Since April 2021

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All of these stablecoins are used for everyday financial transactions such as savings, currency conversion and cross-border payments in emerging markets, Castle Island Ventures report.

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TON users expect to receive billions of dollars in airdrops due to growing concerns about the stability of the network. We are talking about token giveaways from the Hamster Kombat, Blum, DOGS and Catizen projects

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Coinbase has launched https://www.coinbase.com/en-gb/blog/coinbase-wrapped-btc-cbbtc-is-now-live cbBTC, a wrapped token backed by BTC on the Ethereum and Base networks. Justin Sun had this to say about cbBTC: "cbBTC has no Proof of Reserve, is unaudited, and can freeze anyone's balance at any time. It's basically just "trust me." Any subpoena from the US government could confiscate all your BTC. There's no better representation of Bitcoin's central bank than this. It's a black day for BTC."

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BTC has recovered from today's recent drop to $55,500 and is currently trading above $58,000

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