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🚨 TODAY: Nvidia fell 6% after reports that Meta may shift AI-chip purchases to Google. #Nvidia's #felling
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🗞 Catch up on the news over the last 24 hours! ⚡️ Strategy and Bitcoin supporters call for a boycott of JP Morgan after crypto treasury companies were excluded from major market indexes. 🔥 Sui leads stablecoin supply changes over the last 24 hours with $2.4B in inflows, followed by Aptos and Ethereum, per Artemis data. 🔥 Wormhole Labs introduces Sunrise DeFi, a one-day listing platform for Solana, with Monad's MON token launching Monday as the first listing. 🔥 Tether CEO Paolo Ardoino says Bitcoin will stand the test of time, while organizations attempting to undermine it will fail because they can't stop people from choosing freedom. 🔥 Bitcoin dominance surged above 60% in early November, stabilizing around 59% as capital consolidates into BTC during market drawdowns, says NYDIG. ⚡️ VanEck CEO Jan van Eck questions Bitcoin's encryption against quantum computing, saying his firm will "walk away" if it's "fundamentally broken." 🇨🇳 Bitcoin mining is quietly resurging in China, per Reuters. The country now accounts for ~14% of global hashrate. 🚨 Digital asset funds saw $1.9B in outflows last week, pushing the 4-week total to $4.9B, the third largest bleed on record since 2018. 🔥 Grayscale $GDOG started trading on NYSE Arca, marking the first Dogecoin ETP in the US. 🔥 BitMine Immersion added 69,822 $ETH last week, boosting its treasury to 3.63M ETH. 🚨 MetaMask Mobile launched perps trading of 150+ tokens and select US equities with up to 40× leverage directly. 🔥 Amazon is investing up to $50 billion to boost U.S. government AI and supercomputing systems. 🚨 Arthur Hayes says he does NOT expect $BTC to drop below $80,000. 🚨 CZ denies rumors that Jackie Chan will play him in a Netflix documentary, calling the claim false. 🚨 Total crypto market cap reclaims $3T today, adding approximately $110B. 🇺🇸 The SEC issues a no-action letter to Solana-based dePIN project, Fuse Crypto, stating its token isn't a security due to utility-based value, not profit expectations.
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🇺🇸 $1 Trillion added to the US stock market today. #S&P500
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🚨 REKT: Over $3.7B in longs were liquidated in the past 7 days.
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🇺🇸 BANKS: US banks are sitting on $395B in unrealized losses on Investment Securities for Q2, per the FDIC. #bank #Q2
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U.S. Treasury Yield Curve Steepening Highlights Monetary Policy Limitations
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