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Recently, the Solana ecosystem has fallen into a whirlpool of legal disputes. According to the latest news, the law firms Burwick Law and Wolf Popper have expanded the scope of their lawsuit, targeting the Solana Foundation, Solana Labs, Jito, and several key figures in the Solana ecosystem.
In this revised complaint, the lawyers have made serious allegations against Solana co-founders Anatoly Yakovenko and Raj Gokal. Moreover, Solana Foundation's executive director Dan Albert, chairwoman Lily Liu, and former communications head Austin Federa have also been implicated, facing charges under the
SOL-5.25%
WOLF-6.31%
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RektButAlivevip:
A day in the crypto world is like ten years in the human realm.
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Recently, a legal storm in the Crypto Assets field is escalating. Burwick Law and Wolf Popper, two law firms, announced an expansion of the lawsuit against the memecoin platform Pump. This lawsuit not only involves the Pump platform but also lists several key participants in the Solana ecosystem as co-defendants, including Solana Foundation, Solana Labs, Jito Labs, and the senior executives of these entities.
The allegations put forward by these law firms cover several serious legal issues, including illegal gambling activities, fraud using telecommunications, securities fraud, infringement of
WOLF-6.31%
MEME-7.16%
PUMP-11.43%
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WalletManagervip:
Is Sol scared?
Recently, the U.S. monetary policy has once again become a focal topic. Some believe that the timing of the Fed's interest rate cuts will have a significant impact on the market, especially potentially driving up the prices of Bitcoin and other Crypto Assets.
However, Fed Chairman Powell is facing pressure from multiple sides. Some critics point out that the current high interest rate environment is suppressing the development of the real estate market, while also increasing the government's interest expenditure burden. Some even argue that interest rates should be 300 basis points lower than
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GmGnSleepervip:
Why did they lower the interest rate again!
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Looking back at the cryptocurrency market in 2021, we can't help but marvel at its unremarkable yet dramatic development. At that time, market sentiment was unprecedentedly high, with investors eagerly anticipating the Bit price to break through the 4000 and 5000 points thresholds, as if a new bull run was about to arrive. Various investment institutions and funds rushed to increase their positions, creating an optimistic market atmosphere.
However, reality gave everyone a loud slap in the face. The market suddenly took a sharp downturn, starting a three-year decline. It wasn't until last Octo
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SolidityStrugglervip:
Bear Market is the truth.
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Recently, the crypto assets market has shown a strong rising trend, with major zones taking turns to showcase impressive pumps. From Ripple ( XRP ) to Ethereum ( ETH ), and then to the meme coin zone, market hotspots are continuously switching. It is worth noting that Platform Tokens have also begun to show a significant upward momentum, which is different from the market conditions in previous years.
In traditional views, Platform Tokens are often seen as the 'doomsday vehicle' in the later stages of a bull market, usually being the last to start rising. However, this time the market seems to
XRP-8%
ETH-2.09%
ETC-5.24%
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notSatoshi1971vip:
I ate too much of Brother Mai's old rice.
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The recent performance of the Crypto Assets market has attracted widespread attention. This bull run, which began two and a half years ago, exhibits atypical characteristics, mainly because it erupted during an economic tightening cycle.
Looking back at the development of this bull run, we can see several obvious stages. In the early stage, the entire Crypto Assets market experienced a sharp rebound after the major bear market of 2022, followed by some brief narratives, such as L2 and modular concepts, but these ultimately failed to sustain. In the mid-term, due to overall market liquidity sho
MEME-7.16%
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ETH-2.09%
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0xInsomniavip:
If you want to Rug Pull, just do it, don't wait to be trapped.
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The latest data shows that the staking scale of the Ethereum network has reached an astonishing level. According to statistics from validatorqueue.com, as of July 23, over 35.67 million ETH have been locked in staking contracts, which accounts for about 29.5% of the total circulating supply of Ethereum.
From a value perspective, the total value of the staked ETH has surpassed $132.5 billion, demonstrating investors' strong confidence in the long-term development of Ethereum. Although there has been a slight decline in the recent ETH staking volume, it remains at historically high levels.
This
ETH-2.09%
DEFI-9.57%
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GasBanditvip:
On-chain staking still depends on the bull run.
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As the Crypto Assets market warms up, investors are eagerly searching for the next potential project. At this critical moment, a significant investment by the well-known venture capital firm A16z (Andreessen Horowitz) has drawn widespread attention.
A16z recently led a project called Poseidon (Chinese name "波塞冬"), which is an AI data layer project focused on the IP ecosystem. The project raised $15 million in its seed round, demonstrating strong development potential.
It is worth noting that this investment comes at a time when the data market landscape is undergoing significant changes. After
IP4.48%
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BearMarketBrovip:
Good projects must be pursued.
Recently, the market has experienced significant fluctuations, and it is recommended that investors closely follow the ACT and Aevo projects. If they experience a substantial pullback in the short term, it may create some attractive get on board opportunities. Personally, I believe that these two projects may bring some unexpected surprises, but even without particularly outstanding performance, given the current market situation, as long as reliable projects are chosen, there is still some rise potential.
Of course, investing always comes with risks, and safe position management is crucial. F
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AEVO-7.27%
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DeadTrades_Walkingvip:
Haha, a 30% pullback is probably for retail investors who can only survive for a day.
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The U.S. Securities and Exchange Commission (SEC) recently made a significant decision to approve Bitwise's transformation of its 10 Crypto Assets index funds into exchange-traded funds (ETFs). The cryptocurrencies involved in this initiative include Bitcoin, Ethereum, Ripple, Solana, Cardano, Sui, Chainlink, Avalanche, Litecoin, and Polkadot.
This approval may open up a new avenue for traditional investors to enter the Crypto Assets market, lowering the participation threshold and is expected to attract more attention from institutional investors. This decision may not only promote the develo
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ETH-2.09%
XRP-8%
SUI-4.7%
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DancingCandlesvip:
Again got liquidated by the SEC!
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On January 23, 2024, Solana (SOL) attempted to break through the $205 mark again in the early morning but was unsuccessful. This marks the second attempt in recent times, with a quick pullback occurring each time it reaches this price level, indicating significant resistance at $205.
Currently, the SOL price may experience a pullback around $203. If it fails to break through, it could drop back to $196, or even further down to around $190. However, investors should also be cautious; if SOL can effectively break through $205 and hold, market sentiment may shift rapidly.
It is worth noting that
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ImpermanentSagevip:
There are always suckers frantically selling 205.
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The current Crypto Assets market presents a complex pattern. Bitcoin (BTC) has maintained fluctuations in a high range for 12 consecutive days, showing strong bottom support. Meanwhile, Ether (ETH) has experienced a slight pullback, but after multiple breakthroughs of the resistance level, market sentiment remains optimistic, and its future development is worth looking forward to.
It is worth noting that recently, mainstream large-cap crypto assets have performed remarkably. Solana (SOL) has surpassed BNB in market capitalization, returning to the fifth position in global crypto asset market v
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DeFi_Dad_Jokesvip:
Good bull run, patiently open orders.
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Bitcoin, this Digital Money that was born in 2009, has gone through a dramatic price journey. From being initially obscure to now becoming the focus of global attention, the value of Bitcoin has experienced astonishing changes.
At its inception, Bitcoin was worth almost nothing. In 2010, it began trading at just a few cents. In the following years, the price of Bitcoin underwent several major turns. In 2011, it first broke the $1 barrier; in 2013, the price surged to nearly $1000; and in 2017, it set an astonishing high point of nearly $20000.
However, the journey of Bitcoin has not been smoot
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TokenGuruvip:
Long time no see, this round of bulls looks exactly like 2018, suckers and newbies are about to be played people for suckers again.
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The history of the Crypto Assets market always repeats itself with astonishing similarities. Years of market observation have allowed us to identify some important signals and patterns.
Currently, the market seems to be at a critical turning point. This cycle typically follows these steps:
1. Mainstream coins rise first
2. A pullback occurs after a period of time.
3. The price stabilizes and consolidates sideways.
4. Subsequently, altcoins began to become active.
Right now, we seem to be at a critical moment between the third and fourth steps. Why do we make this judgment?
The stability of mai
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faded_wojak.ethvip:
It's alt season again, my heart can't take it.
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Recently, the Bitcoin ETF market has seen a noteworthy turning point. After experiencing continuous inflows of funds, there was a phenomenon of outflows for the first time yesterday, which may indicate that some investors are starting to choose to take profits.
Given that the price of Bitcoin has experienced a period of increase, the market may show signs of overheating in the short term. Therefore, investors should remain vigilant and consider adopting capital preservation strategies to manage risk.
Market analysts indicate that Bitcoin may experience a phase correction. It is expected that a
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BearMarketSagevip:
Even at the bottom, it's hard to escape being played for suckers.
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Recently, the crypto assets market has shown an interesting trend: some established blue-chip coins have once again reached new highs. The logic behind this phenomenon is quite clear. Whether it's Ethereum, Solana, or Bitcoin, they are all experiencing a bull run driven by institutional investors. With the potential for a monetary easing policy in the future, more and more new investors and funds are flowing into this market.
Institutional investors favor Bitcoin, Ethereum, or Solana mainly because these are regarded as high-quality assets. These blue-chip coins not only align with the current
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SOL-5.25%
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PortfolioAlertvip:
Bull run is the time to pick blue chips.
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Recently, the Crypto Assets market welcomed a heavyweight player getting on board. According to reliable sources, the Trump Group made a thunderous move by purchasing 18,430 Bitcoins, with a total investment amount reaching $2.1 billion. This action immediately sparked heated discussions in the Digital Money community and propelled the Trump Group to the fifth position in institutional Holdings, surpassing the open interest of the Japanese listed company Metaplanet.
This significant investment not only demonstrates the Trump Group's strong confidence in Bitcoin but also conveys a clear message
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CryptoDouble-O-Sevenvip:
This time it's serious! President Chuan is going to start doing things in our crypto world.
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Recently, Bit Origin Company (stock code: BTOG), listed on the Nasdaq exchange, announced a bold investment decision. The company invested a total of $10 million to acquire 40,543,745 DOGE at an average price of $0.2466. This move was completed less than a week after the company announced the establishment of an enterprise-level DOGE reserve.
Bit Origin revealed that they have secured up to $500 million in equity and debt financing to advance their DOGE reserve strategy. The company's management believes that the current market environment is favorable for DOGE's development towards decentrali
DOGE-7.94%
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SatoshiNotNakamotovip:
It's starting again. Who still plays doge now?
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Recently, the performance of DOGE in the cryptocurrency market has been particularly eye-catching. The latest trading price has reached $0.27847, with a 24-hour increase of 9.38% and a weekly increase of over 30%. This price not only broke through the important resistance level of $0.25 but also set a new high since February of this year, demonstrating a strong upward momentum.
From a quarterly performance perspective, the increase of DOGE has reached 52.4% this quarter, breaking the trend of continuous decline in the third quarter over the past four years. If it can stabilize at the $0.28 lev
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FallingLeafvip:
Get off the horse!
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In the field of Blockchain finance, a silent revolution is quietly unfolding. Huma Finance is bringing new possibilities to on-chain lending through its innovative credit delegation mechanism. This groundbreaking solution is challenging the traditional over-collateralization model, providing users with unsecured loan services based on credit scores.
Huma Finance's solution includes several key features: first, users can securely delegate their credit limits to friends, family, or business partners for credit sharing; second, the platform employs a real-time risk management system that dynamica
HUMA0.43%
ETH-2.09%
OP-9.98%
RWA-5.28%
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FrontRunFightervip:
another honeypot in the dark forest... mev bots will feast on this
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