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Traingulum

@traingulum

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June 26 🔻 1.VanEck has filed Form 8-A with the SEC for its spot Ethereum-ETF, which is a step towards starting trading after SEC approval. Gary Gensler of the SEC noted that the approval process is proceeding smoothly. 2.Conduit has raised $37 million to support the development of blockchain-based products. These funds will be used to create tools for developers of L2 solutions. 3.Julian Assange has been released after reaching a plea deal with the US authorities, in which he pleaded guilty to espionage. The court credited his time served in a British prison and released him on bail. 4.Notcoin conducted a token burn worth $3 million, emphasizing its community focus. An additional $4.2 million in tokens will be distributed among users, with the remainder reserved for further project development.
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Arguments for Growth💹 💹 1. ETH ETF: Recall the BTC scenario? It initially surged, then dipped, and finally skyrocketed from 39k to 73k. Ethereum has recently spiked to almost 4k and is now correcting. Why couldn't it double in value like Bitcoin did? 2. U.S. Elections: The period leading up to the elections should be as positive and smooth as possible, with everyone feeling content. 3. S&P 500 and Other Funds: Have you seen where the S&P 500 has gone? Pumping money into funds is much more expensive than boosting altcoins. 4. USDT Printing Continues: Why print if it’s a scam? Clearly, it’s to ensure there is liquidity for coin buybacks. And there are numerous other arguments, such as the sale of new mining machines. Your main question might be: Why aren’t altcoins growing? The answer is simple: there are many of us, we are all greedy, waiting for growth, and not all assets perform. However, only the strongest will survive and grow, especially those in which funds are most interested.
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Interesting week isn't it? 1. MetaMask launched a joint $ETH staking service. 2. UwU Lend protocol was hacked twice in a week, first for $20 million and then for $3.72 million. 3. Solana Foundation excluded validators involved in sandwich attacks. 4. MicroStrategy plans to raise $700 million to buy $BTC. 5. Donald Trump promised to protect mining. 6. okx confirmed that several exchange users were affected by a data leak. 7. Terraform Labs agreed to pay a $4.47 billion fine in the case against the SEC. 8. Trading volume of cryptocurrency ETNs on the London Stock Exchange is only $500K. 9. The Block: Joe Biden's campaign plans to accept cryptocurrency donations. 10. Bloomberg expects final approval of a spot Ethereum ETF by July 2. 11. paradigm raised $850 million for a new crypto fund. 12. Terraform Labs announced its closure. All remaining $LUNA in the company’s wallets will be burned. 13. The court approved a settlement between Terraform Labs, Do Kwon, and the SEC.
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