alastairs (alastairs)
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Avalanche (AVAX), a cryptocurrency platform that rivals smart contract network Ethereum, extended its gains on Tuesday. AVAX has rallied nearly 25% in the past week,
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According to Odaily, a trader dealing in PEPE coins recently sold off 114.7 billion units at a break-even price, earning 366.5 ETH, equivalent to 1.27 million USD.
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The market value of stablecoins has basically stopped growing (USDT reached 142 billion, USDC reached 55.9 billion, with an increase and decrease of 0.02% and -0.53% respectively), indicating that as the market fell sharply, institutional funds stopped entering the market and began to leave the market; the panic in market sentiment mainly stems from the hacker theft of $1.5 billion in assets from the Bybit exchange and Trumps radical tariff policy
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That’s according to Juan Carlos Reyes, the president of the Comisión Nacional de Activos Digitales (CNAD), the agency in charge of regulating cryptocurrencies in El Salvador.
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