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As of now,
#Bitcoin
's market dominance has reached 55.31%, while
#Ethereum
accounts for 11.82%.
#BTC
#ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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BTC
95,963.85
-2.70%
ETH
3,350.19
-3.56%
505
0
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Former #FTX executive Ryan Salame, sentenced to 7.5 years in October 2023 for illegal campaign donations and operating an unlicensed money transmission business, will now be released earlier. His sentence has been reduced by over a year, with an expected release date of March 1, 2031. This reduction is likely tied to the 2018 First Step Act, which grants sentence reductions for good behavior. FTX founder Sam Bankman-Fried remains sentenced to 25 years, while other executives like Caroline Ellison have also pleaded guilty. The FTX fraud saga underscores the critical need for compliance in crypto. #crypto #JusticeUpdate #RyanSalame
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💹 $HYPE, the token of decentralized derivatives protocol #Hyperliquid , has dropped 📉 30% from its ATH of $35.25 to $24.65, with a 10% decline in the past 24 hours. ⚡ Hyperliquid offers low-latency, high-efficiency trading with perpetual contracts for BTC, ETH, and more, using an off-chain matching engine and on-chain settlement. 🔥 HYPE is central to the ecosystem, providing fee discounts and governance functions, ensuring a secure, user-controlled trading experience. 🛡️
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👑 Summary of Selected Articles from CoinRank.io Official Website 1️⃣ #Japanese Government Statement: The Japanese government has stated that it is still unfamiliar with the Bitcoin reserve plans of other countries and does not plan to include Bitcoin in its reserves due to its high volatility. 2️⃣ #STARKNET Bridge Volume: Starknet’s total bridge volume (TVB) has reached 960,331 ETH, with over 1.2 million bridging addresses. • Starknet is a #Layer2 scaling solution built on Ethereum that utilizes Zero-Knowledge Proof technology to enhance transaction throughput. 3️⃣ BT Merge Announcement: BT has announced the merge of BT Wallet Token (BWB) with BT Token (BGB), effective December 27, 2024. • The merge will replace BWB with BGB, and users will receive BGB tokens proportionally based on their BWB holdings. • The total supply of BGB will remain unaffected by the merge, and no new tokens will be issued to users
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👑 Summary of Selected Articles from CoinRank.io Official Website 📈 Bitcoin Market Update 1️⃣ Price Fluctuations: Bitcoin’s price continues to rise and fall, fueling speculation about its peak. Some experts predict new highs by mid-January 2025. 2️⃣ Historical Patterns: Bitcoin historically follows a 318-day cycle from its first peak to the cycle’s high. The current cycle’s initial peak occurred on March 5, 2024. 3️⃣ Halving Effect: Bitcoin’s halving, occurring every four years, has historically driven price increases. However, its impact may be weakening as the market matures. 4️⃣ Market Sentiment: Cooling sentiment is evident with fund outflows and declining buying interest, which could weigh on Bitcoin’s price. 5️⃣ Policy Influence: Donald Trump’s policies may play a role, as analysts suggest his election has sparked optimism among some investors. 6️⃣ Uncertain Trajectory: Bitcoin’s future depends on multiple factors, including market sentiment, the halving effect, and policy changes. The coming months are critical for its performance.
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📊 Breaking Data 2024: 1.55M $BTC flowing into accumulation addresses! Key sources: Spot Bitcoin ETFs MicroStrategy's continuous accumulation Institutional custody wallets This accumulation wave demonstrates strong institutional confidence in #BTC #Bitcoin #Digital #crypto
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