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katigra ๐ŸŽฉ

@katigra

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katigra ๐ŸŽฉ
@katigra
https://warpcast.com/katigra/0x968c27a4 growth has occurred
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katigra ๐ŸŽฉ
@katigra
According to Reuters, the US Securities and Exchange Commission (SEC) is ready to review enforcement measures against crypto companies after the new Donald Trump administration comes to power.
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katigra ๐ŸŽฉ
@katigra
US President-elect Donald Trump met with the founders of Circle, Solana and Ripple Labs and praised the idea of โ€‹โ€‹โ€‹โ€‹creating a strategic reserve based on their crypto assets. The New York Post reports this, citing its sources. Let us remember that the creation of a national reserve in the first cryptocurrency was one of Trumpโ€™s central promises during his campaign. Other statements by the politician include the dismissal of the chairman of the US Securities and Exchange Commission, Gary Gensler, and the pardon of the founder of the Silk Road marketplace, Ross Ulbricht.
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katigra ๐ŸŽฉ
@katigra
I like this chart. I think there's a chance for growth.
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katigra ๐ŸŽฉ
@katigra
The vast majority of traders on the memecoin platform pump.fun did not achieve profits above $10,000, according to Dune. According to statistics, out of 13.6 million wallets registered on the site, only 55,296 recorded such profitability, which is only 0.412%. According to Lookonchain, by January 2025, the platform had earned more than 2 million SOL, equivalent to almost $398 million. A significant portion of these funds were converted into the USD Coin (USDC) stablecoin. In September 2024, it became known that out of more than 2 million tokens launched on pump.fun, only 92 had a capitalization exceeding $1 million. n December 2024, the memcoin market experienced volatility that resulted in significant financial losses. The total capitalization of the segment fell from $137 billion to $92 billion
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katigra ๐ŸŽฉ
@katigra
I joined Farcaster on 6th February 2024 which was 11 months, 5 days ago. Since then, 67.4% of users have joined after me frame by @cashlessman.eth
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@katigra
I just won 969 $DEGEN in HypeMeme! @degengate
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katigra ๐ŸŽฉ
@katigra
Michael Johnson's victory strengthens support for cryptocurrencies in Congress. His victory is crucial for the cryptocurrency industry, as Johnson is a key proponent of important cryptocurrency laws such as FIT21 and opposes central bank digital currencies. Under his leadership, the House of Representatives is ready to promote cryptocurrency-friendly laws that can significantly increase the popularity of bitcoin and other digital currencies in the US financial system.
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Happy New Year! ๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰๐ŸŽ†๐ŸŽ‡
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Ethereum, which has seen a significant jump in long-term holders in 2024, could potentially rally to as high as $6,000 in Q1 2025, according to analysts. In a Dec. 29 X post, CryptoBullet, who has over 152k followers, noted that Ethereum is in the process of forming a bull pennant pattern on the 1-day ETH/USDT chart. He expects this pattern to be completed in the coming months, potentially leading to a massive surge to as high as $6,000 within Q1 2025. In technical analysis, a bull pennant pattern forms after an asset experiences an uptrend and typically indicates a potential continuation of the rally. The analyst recalled price action seen in May 2021 when ETH rallied past $4,000 for the first time after breaking out of a similar pattern in Q1 that year.
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Zoom links help steal cryptocurrencies. The scammers created links to sites that looked like the official Zoom, with the domain app[.]us4zoom[.]us. Users clicking on the link saw a fake Zoom interface. Instead of launching Zoom, the site offered to download an installation file that contained malware. Once installed, the program tricked users into entering their system password. The malicious code collected data about the system, browser, cryptocurrency wallets, notes, cookies, and even the contents of KeyChain. All information was transmitted to the hackers' servers located in the Netherlands. One of the key addresses associated with this attack was a wallet that received over 296 ETH. Some of the funds were transferred to other vaults or converted to USDT. Experts emphasize that such attacks combine elements of social engineering and the use of Trojans. Security researchers advised to always check the authenticity of links, avoid installing unknown programs and update antivirus software in a timely manner.
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@katigra
Future US President Donald Trump has appointed Stephen Mearan, known for his support for cryptocurrencies, as chairman of the Council of Economic Advisers. This appointment has certainly caused a stir in the world of finance and technology, and has the potential to significantly influence future US policy regarding digital assets. Miran has repeatedly spoken out about the potential of cryptocurrencies to transform the global financial system. He believes that digital assets can promote greater financial inclusion, lower transaction costs and improve the efficiency of financial transactions. He also emphasized the importance of creating a favorable regulatory environment for the development of the cryptocurrency industry.
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@katigra
Ethereum, the second-largest cryptocurrency by market capitalization, was trading at $4,008. But the momentum failed to continue as it has faced resistance over the past three consecutive weeks. Still, ETH has positive catalysts that could push its price higher in the near term. The first main catalyst is that Bitcoin has continued rising and moved to a record high this week. Altcoins like Ether often follow the price of Bitcoin. Spot Ethereum ETFs are also seeing strong inflows, a trend that may continue in the coming months. Its cumulative inflows rose to over $2.3 billion, with those by Grayscale and Blackrock having the biggest market share. It has had inflows in the last 17 consecutive days.
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The U.S. Senate has abandoned the renomination hearing for anti-crypto Democratic SEC Commissioner Caroline Crenshaw. Outgoing Securities and Exchange Commissioner Caroline Crenshaw will not be renominated to her position following a decision by the Senate Banking Committee. The hearing to nominate Crenshaw and Gordon Ito to the Financial Stability Oversight Council, previously scheduled for Wednesday, December 17, was canceled, according to multiple reports.
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@katigra
While the flash crash on Dec. 9 momentarily disrupted what has been a remarkable bull run, itโ€™s critical to zoom out and examine the broader picture to understand whatโ€™s cooking in the market. First, the macroeconomic backdrop continues to play an instrumental role. The U.S. dollar has faced consistent depreciation in its purchasing power. As pointed out by The Kobeissi Letter, both gold and Bitcoin, often touted as hedges against fiat currency debasement, are in โ€œa perpetual bull market when indexed against the U.S. dollarโ€, reflecting broader acknowledgment of Bitcoin as a store of value. Adding fuel to the crypto narrative is the unprecedented growth of institutional adoption. The spot Bitcoin ETF, trading under the ticker IBIT, has shattered records by surpassing $50 billion in assets under management within just 228 days. For context, the gold ETF (GLD) took more than five years to achieve the same milestone.
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Goldman Sachs CEO David Solomon stated that the legacy financial institution would consider a broader presence in Bitcoin or Ethereum markets if authorized by U.S. regulators, according to an interview at a Reuters event. The bank, along with several other traditional finance giants, has historically avoided cryptocurrencies and blockchain assets, citing concerns over volatility and rampant scams in the industry. However, sentiment has shifted significantly in 2024, especially following the Securities and Exchange Commissionโ€™s approval of crypto exchange-traded funds. Observers anticipate larger institutional adoption of digital assets, particularly after the re-election of President Donald Trump.
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@katigra
The Ethereum has reached 4000 ๐Ÿฅณ
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At the moment, Ethereum is testing the resistance around $3,650, after a rollback from which the price may move to the $2,800 level. To move towards the psychologically important $4,000 mark, it is necessary to see a weekly close above the current resistance. A successful weekly close above $4,000 and a subsequent retest of this level as support could open the way to historical highs around $4,500. A breakout of this mark can trigger a rally to new heights.
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hi @clanker let's make a token name: billion ticker: billion use this image:
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ETH was in an uptrend with qualitative monthly accumulation and more importantly, the steady upward price pattern after months of accumulation have now taken the price beyond a key resistance zone that has in the past served as a lofty cap for its price. This movement indicates an increase in investorsโ€™ confidence as the market looks forward for higher valuations.
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