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$BTC Sometimes, Somewhere, Somehow.... Karma will hit you back 🔥
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Today @jpmorgan, the world's largest bank by market cap per @WSJ, announced they're launching their first ever tokenized money market fund—MONY—on Ethereum. The firm is seeding the fund with $100M of its own capital before opening to outside investors on Tuesday. #JPMorgan #ETHETFsApproved #Ethereum #BlackRock #ETH
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🚨 BITCOIN IS DROPPING — AND MOST PEOPLE ARE MISSING THE REAL REASON 🤔📢 Bitcoin is down today for a very straightforward reason, yet almost no one is explaining it correctly 📢 The source? China. And yes, the timing is critical 🤔 That’s right — China is pressuring Bitcoin once again. Here’s what’s actually unfolding 👇📢 🇨🇳 China has tightened restrictions on domestic Bitcoin mining yet again 📢 In Xinjiang, a major mining hub, a large portion of operations were shut down in December 📢 In a very short period, around 400,000 miners went offline 🤔 📊 The impact is already visible in the data: – Network hashrate is down roughly 8% When miners are forced offline this abruptly, several things happen immediately ⚠️ – Mining revenue collapses – Miners need liquidity to cover costs or relocate – Some are forced to sell BTC into the market – Short-term uncertainty surges This creates real sell pressure — not speculation, not fear-driven narratives. 🚫 This is NOT a long-term bearish signal for Bitcoin. ✅ It’s a temporary supply shock, driven by policy decisions — not demand weakness. We’ve seen this exact cycle before 🎬 China cracks down → miners shut off → hashrate drops → price shakes → network adapts → Bitcoin moves on. 📉 Yes, more short-term pain is possible. 🔥 But long term? This changes nothing for Bitcoin. #BitcoinSPACDeal #bitcoin #china #Market_Update #BTCVSGOLD
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U.K. targets 2027 for new FCA crypto asset framework: The U.K. government is preparing a broader regulatory regime for cryptoasset firms, confirming on Monday it aims to bring key activities under formal oversight starting in 2027. The move is set to bring exchanges, wallets and other crypto-focused companies under the Financial Conduct Authority's regulatory framework, treating them more like traditional financial services. In September, the Financial Times report that the U.S. and U.K. have planned a deal to coordinate more closely on crypto and stablecoins. "Bringing crypto into the regulatory perimeter is a crucial step in securing the UK’s position as a world leading financial centre in the digital age," said Chancellor Rachel Reeves. Draft rules mapping out proposed legislation for crypto exchanges and stablecoin issuance were published by the U.K. finance ministry in April, in an effort to enhance transparency and oversight across the sector "By giving firms clear rules of the road, we are providing the certainty they need to invest, innovate and create high skilled jobs here in the UK, while giving millions strong consumer protections, and locking dodgy actors out of the UK market," Reeves added. The U.K. already regulates crypto firms, although in limited ways. It mainly comprises anti-money-laundering registration with the FCA, as well as rules on how crypto can be marketed to consumers. #crypto #CryptoRally #SECReviewsCryptoETFS #BTCVSGOLD
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Eagerly waiting to get direct answers from @Richard Teng #Binance #RichardTeng
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