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@nkg

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@nkg
According to the latest report from asset management giant VanEck, this rebound seems to have just begun based on key indicators. VanEck analyzed three key indicators: funding rate, relative unrealized profit (RUP), and retail interest trend. Since November 12th, the perpetual futures funding rate has been consistently above 10%, indicating an increasing bullish momentum; In addition, the current 30 day moving average relative unrealized profit level is about 0.54, which usually indicates that the market will reach its peak in a longer period of time; The popularity of search terms is only 34% of the high point in May 2021, indicating that speculative frenzy has not yet spread, and the re participation of retail investors will give Bitcoin further room to rise. @yigitgurbulak
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Great minds have purpose; others have wishes. @eiffeliceiceice
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According to a report by Golden Jubilee, Chicago Fed President Austin Gusby and Fed Governor Michelle Bauman expressed completely different views on the theoretical neutral interest rate level, which refers to the interest rate level that can balance the Fed's various economic goals. Gusby emphasized that the Federal Reserve still needs to further cut interest rates to reach this level - he called the rate "far below the level we are currently at". Bauman, on the other hand, said, 'We may be closer to a neutral policy stance than we currently believe.'. FHN Financial's Will Conneller pointed out that it is not surprising to see such divergence, given that in the September forecast, Fed officials anonymously estimated the neutral interest rate range to be between 2.375% and 3.75%. @ygor
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The greatest test of courage on earth is to bear defeat without losing heart. @sewilyaw
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Gemini co-founder Tyler Winklevoss rebuked Gary Gensler on the X platform. It states that Gary Gensler should never again hold positions of influence, power, or influence. Any company, university, or organization that hires or collaborates with him after the SEC is a betrayal of the cryptocurrency industry and should be strongly resisted. This is the only way to prevent such abuse of government power from happening again in the future. Gary Gensler's behavior cannot be explained by a well intentioned mistake. His actions were completely deliberate and deliberate, and he spared no effort to achieve his personal political agenda. Even if it means destroying an industry, tens of thousands of jobs, people's livelihoods, billions of dollars in investment capital, and so on. Ironically, his anti social ambitions ultimately destroyed his own political party. No amount of apology can make up for the damage Gary Gensler has caused to the cryptocurrency industry and the country.
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Yancheng, Jiangsu once seized 320000 bitcoins, which are currently worth over 200 billion. On November 28, 2020, 21st Century Business Herald reported on this case, calling it the "largest case in the cryptocurrency industry". According to Phoenix Technology's calculations, as of the time of writing, one Bitcoin is worth approximately 640000 RMB, with a total value exceeding 2048 billion RMB. In 2023, Yancheng City will achieve a regional gross domestic product of 740.39 billion yuan. According to the second instance ruling of the Intermediate People's Court of Yancheng City, Jiangsu Province, the case involves 8 virtual tokens including Bitcoin, Bitcoin Cash, Dash, Dogecoin, Litecoin, Ethereum, Yuzu Coin, and Ripple, with a total value of 14.8 billion yuan. @ftihvb
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Nick Timiraos, the spokesperson for the Federal Reserve and a reporter for The Wall Street Journal, commented on the Fed's interest rate decision in November: "The Fed decided to cut interest rates by 25 basis points on Thursday, but released more uncertainty in the pace of further rate cuts. The Fed is still working to prevent the significant rate hikes of the past two and a half years from dragging down the economy. In a similar time frame, investors in the interest rate futures market have continuously lowered their expectations for the Fed's rate cuts in the next year or so. According to Citibank, they now believe that the Fed will lower interest rates to around 3.6% by 2026, while their estimate in September was to drop to 2.8%. @drugpilotki
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LHMeyer's analysts wrote that Federal Reserve Chairman Powell's speech provided little new information, but offered a clue on how the Fed is considering its December decision. Powell emphasized that the Federal Reserve will not respond to the expected policies of the Trump administration (which are believed to trigger inflation), but will focus on current data. This indicates that the Federal Reserve retains the freedom to continue cutting interest rates. Analysts believe that the Federal Reserve is most likely to cut interest rates by another 25 basis points next month. @ygijtosmlc
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I will be better, because of you, but not for you. @seemorebot
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As of October 31st, Circle issued approximately 2.4 billion USDC, redeemed approximately 2 billion USDC, and increased its circulation by approximately 300 million pieces within the 7-day period. The total circulation of USDC is 34.7 billion pieces, with a reserve of approximately 34.9 billion US dollars, including approximately 4.3 billion US dollars in cash and 30.6 billion US dollars held by CircleSReserve Fund. @yigekan
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Doing what you like is freedom. Liking what you do is happiness. @sewage
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Morgan Stanley analysts maintain a neutral rating on Coinbase's stock and set a target price of $196 for December 2025. Analysts added that despite lower than expected third quarter performance, Coinbase continues to execute on its long-term plan. Morgan Stanley analyst Kenneth B. Worthington, Michael Cho, Alexander Bernstein, and Madeline Daleiden wrote in a report on Friday: "Despite overall lower than expected performance, Coinbase will continue to play a role in emerging areas of its business. We continue to believe in the cryptocurrency ecosystem and view Coinbase as a leading intermediary, therefore we maintain a neutral rating and a target price of $196 by December 2025 @drud
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According to official sources, the Hong Kong Securities and Futures Commission announced that in the legal proceedings under section 213 of the Securities and Futures Ordinance, the Hong Kong Court of First Instance has issued temporary injunctions to 11 individuals suspected of manipulating shares of Ding Yifeng Holdings Group International Limited. The individuals are prohibited from transferring any of their assets within Hong Kong, or disposing of or reducing the value of any of their assets within Hong Kong in any way, up to a total of HKD 6353386915. In March of this year, the Shenzhen Municipal Office for Preventing and Dealing with Illegal Fundraising issued a document at the Shenzhen Local Financial Management Bureau, stating that Dingyifeng International Asset Management Group Co., Ltd. is promoting the issuance of a DDO digital option in China to attract public subscription and investment. @tv1
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You are as warm as the sunset glow. @dripx
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The 3EXAI trading platform announced today's ranking of "AI trading" closing win rates. As of now, the top three AI trading strategies with the highest cumulative closing win rate are: Flexible Capital Driven (80.00%), Reinforcement Learning Trading System (78.15%), and KDJ Robust Strategy (77.22%). Please note that the above returns are only for the AI trading closing win rate achieved today and should not be used as any investment advice. Investment carries risks, and caution is necessary when entering the market. @uohju
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Multiple analysts predict that Ethereum prices will challenge $3000 in the short term, but warn of a possible pullback. Technical analyst Mikybull pointed out that ETH's reverse head and shoulder form target is $3000. Cryptocurrency trader Daink predicts that it may rise to $4000 by the end of the year, with a historical high expected to occur in the first quarter of 2025. Anonymous analyst Ignas believes that the L1 blockchain competition has led to a weak ETH price. Trader Justin Bennet stated that ETH may form a diamond reversal pattern with a pullback to $2400, and RSI data also shows a risk of price correction. @sewer
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Keep your shirt on @seung631
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Lido announced that the snapshot voting for its Community Pledge Module (CSM) mainnet release settings has been successfully approved, and the contract is now deployed on Ethereum. The on chain voting will be launched next week after the final security check. If approved, the CSM will soon go live. Lido encourages community stakeholders to check for "early adoption" eligibility before the launch of the main network next week, and eligible operators can access the CSM main network in advance. @seungyeon
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Love is hard to get into, but harder to get out of. @seulgilown
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The official account of the People's Court of Laiwu District, Jinan City announced the typical case 167 of the application of the civil code of the Shandong Court, the determination of the legal nature of digital collections and the effectiveness of their trading behavior (the case of Yang Moumou suing a cultural and creative company for a dispute over the purchase and sale contract). The gist of the judgment pointed out that digital collections are a kind of virtual property on the Internet. At present, there is no legal prohibition on the issuance and trading of digital collections in China. As long as the actors have the corresponding civil capacity and the true expression of intention, the transactions of digital collections between civil subjects should be recognized as legal and effectivd investment, and contain high market risks. Buyers who aim to earn the see. @rud
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