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houseofdefi.eth

@houseofdefi.eth

82 Following
28 Followers
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finan$wizard
@jaytown
Hey everyone, just wanted to share a little nugget of wisdom I've picked up over the years. When it comes to investing, patience really is key. It's easy to get caught up in the day-to-day market swings and feel like you need to constantly react. But sometimes, the best move is to just sit tight and let your investments do their thing. Markets have their ups and downs, but over time, good investments tend to grow. So, don't stress too much about the short-term noise, and remember that long-term vision often pays off. Stay calm and carry on investing!
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houseofdefi.eth
@houseofdefi.eth
The iPhone 15 series shows significant depreciation within a short period post-launch of latest #iPhone16. Curious about the resale value of the latest iPhones? Here’s a quick look at the depreciation rates for the iPhone 15 series:
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houseofdefi.eth
@houseofdefi.eth
Source: https://www.sellcell.com/smartphone-depreciation/
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houseofdefi.eth
@houseofdefi.eth
https://warpcast.com/houseofdefi.eth/0xe9ebb855
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houseofdefi.eth
@houseofdefi.eth
4/ Token holder distribution: Bitcoin and Ether are sufficiently distributed among a large set of token holders. However, Solana token distribution seems less distributed comparatively
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houseofdefi.eth
@houseofdefi.eth
6/ However, Samara Cohen, BlackRock's chief investment officer for ETF and index investments, said while Bitcoin and Ethereum met the minimum expectations of the investment giant for ETFs, no other digital asset comes close, hinting that it might be a while till we see a $SOL ETF
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houseofdefi.eth
@houseofdefi.eth
5/ Solana has become a notable candidate, with VanEck and 21Shares each filing for Solana ETFs in the US. Given its market cap of $84.2 billion, making it the third largest crypto asset after Bitcoin and Ether, there’s a strong case for SOL being the next approved ETF.
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houseofdefi.eth
@houseofdefi.eth
3/ Market Maturity: Solana’s market is still considered less mature as compared to Bitcoin and Ether, raising concerns about market manipulation and stability.
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houseofdefi.eth
@houseofdefi.eth
2/ Lack of Futures Market: Unlike Bitcoin and Ether, Solana doesn’t have an existing futures market on the Chicago Mercantile Exchange (CME), which is a significant factor for the SEC when considering ETF approvals
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houseofdefi.eth
@houseofdefi.eth
According to crypto experts, Solana might face several challenges in becoming the next ETF after BTC and ETH 1/ Regulatory concerns: The SEC has flagged Solana as a security in previous lawsuits which complicates the approval process, though many argue it was the same for ETH
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houseofdefi.eth
@houseofdefi.eth
https://warpcast.com/houseofdefi.eth/0x35e85bf8
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houseofdefi.eth
@houseofdefi.eth
The US government still holds $13.58 billion in Bitcoin, with the vast majority of this sum coming from various confiscations and seizures of crypto assets from nefarious actors. You can track the US Government at Arkham Intelligence dashboard here https://platform.arkhamintelligence.com/explorer/entity/usg
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houseofdefi.eth
@houseofdefi.eth
Trump promised the US government would not sell any of its currently-held Bitcoin and declared that he would make the US the “crypto capital of the world”. In addition to Trump’s promise, Senator Cynthia Lummis announced the introduction of legislation to make Bitcoin a strategic reserve asset of the United States.
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houseofdefi.eth
@houseofdefi.eth
The US government has transferred $2 billion worth of Bitcoin days after former President Donald Trump promised that the US would never sell any of its Bitcoin. https://mempool.space/tx/876d9ef6bb2bcd8a1e8a176212ad58764454ebb3c6db77334f8a7ad69e954d86
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houseofdefi.eth
@houseofdefi.eth
https://warpcast.com/houseofdefi.eth/0xb99312d2
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houseofdefi.eth
@houseofdefi.eth
Impact of the pro-crypto stance of Donald Trump and the Republican party: - Bitcoin is approaching the $70,000 mark, driven in part by former President Trump’s speech. All major cryptocurrencies are in the green. - At the #Bitcoin2024 conference, Donald Trump pledged to create a national Bitcoin stockpile, aiming to make the US the “crypto capital of the planet.” - Fourteen Democratic representatives are urging the DNC to adopt a pro-digital asset stance, recognizing crypto’s potential for innovation and economic growth
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houseofdefi.eth
@houseofdefi.eth
gm fam! Did you know that BTC is only 5.7% away from reaching a new All-Time High (ATH), while ETH is 30.6% shy of achieving its own ATH?
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houseofdefi.eth
@houseofdefi.eth
gm
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houseofdefi.eth
@houseofdefi.eth
gm
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houseofdefi.eth
@houseofdefi.eth
https://warpcast.com/houseofdefi.eth/0xd1963340
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