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Cryptocurrencies

Three New Cryptocurrencies Launched This Week to Watch

In summary: Broccoli achieved a $151 million market capitalization in 24 hours, thanks to the dog meme hype from Binance founder CZ. Fullsend surged 260% on Solana, reaching a $54 million market cap with over 164,000 transactions. B3 became the eighth-largest Base token, reaching $203 million despite recent price volatility. Trade on BYDFi for a

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ETH

Only 64% of ETH Holders Are in Profit, Price Could Return to $2,224

In summary: The price of ETH has fallen by 18% over the past month, pushing the percentage of supply in profit down to just 64.19%, its lowest level since October. Investor confidence has weakened as ETH’s open interest has declined by 31% since February 2023, signaling decreased market participation. The crucial support level at $2,553

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SOL

The Return of Investors Could Help SOL Price Stay Above $200

In summary: Solana has seen $16 million in spot inflows, the first in 10 days, signaling renewed investor confidence and potential bullish momentum. The positive Balance of Power (BoP) at 0.23 indicates buyer control, reinforcing accumulation and upside potential. The crucial $200 support level is critical; holding above it could propel SOL to $258.66, while

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SOL

SOL Analysis: Price Reclaims $200 Despite Persistent Outflows

In summary: Solana reclaims the $200 mark but faces uncertainty as outflows reach an 18-month high, signaling weak retail investor confidence. The Net Unrealized Profit/Loss (NUPL) indicator has entered the Fear zone, historically a sign of a potential price reversal and suggesting a possible recovery. SOL needs to break through $221 to confirm a bullish

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Hong Kong

Hong Kong Accepts Bitcoin and Ethereum for Investment Immigration Applications

In summary: Hong Kong has reportedly approved Bitcoin and Ethereum as valid proof of assets for investment immigration applications. Reports indicate two applicants have successfully used crypto assets to meet the 30 million HKD requirement. This decision reinforces Hong Kong’s ambition to become a global digital finance hub while ensuring regulatory oversight of cryptocurrencies. Promo:

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Story Protocol

Breaking: Story Protocol (IP) Announces Tokenomics: 10% for Airdrop

Story Protocol has recently unveiled details about its tokenomics ahead of its mainnet launch. Story Protocol Tokenomics The announcement revealed that IP will be the project’s native token with a total supply of 1 billion. The token distribution is structured as follows: 58.4% allocated to the community through early incentives, ecosystem, and foundation initiatives, ensuring

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DeepSeek

DeepSeek Ban Wave Spreads, How Could Crypto Be Affected?

In summary: Numerous countries, including Taiwan, Italy, India, Australia, and South Korea, have banned DeepSeek due to security and privacy concerns. The bans impact the crypto market as projects integrating DeepSeek may face restrictions, but open-source AI models continue to proliferate. The bans could backfire and fuel DeepSeek’s growth, similar to how Bitcoin thrived despite

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Test Token

Breaking: Test Token (TST) Price Surges 800%, On Track to Become Top BNB Chain Meme Coin

In summary: The price of Test token (TST) has surged by nearly 800% in a short period following news of its listing on several exchanges. TST token is currently trading at $0.1498. Its 24-hour trading volume has reached nearly $114 million, with a market capitalization of approximately $145 million. CZ clarified that TST is not

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Coinbase Adds PENGU, POPCAT, and MORPHO to Listing Roadmap

In summary: PENGU, POPCAT, and MORPHO experienced brief price surges before quickly retracing, suggesting waning market interest. POPCAT and PENGU have faced prolonged declines, while MORPHO, a DeFi project, had prior momentum but continues to underperform. A similar trend was observed with MOG and TOSHI, indicating that Coinbase’s roadmap announcements may no longer generate strong

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