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DoomPosting
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Degens Deteriorating
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SEC releases most bullish news for crypto in a decade

Trump crypto bills were passed.

crypto markets:

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NEW - Scientists in South Africa have launched an anti-poaching initiative where rhino horns are injected with radioactive isotopes that customs agents can detect.

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This Altcoin Season will create so many new millionaires.

Do you even understand what's coming?

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China’s real estate downturn is worsening:

New-home sales by China’s 100 largest developers fell -24% YoY in July, the largest decline in 10 months.

Month-over-month sales fell -38%, marking the steepest monthly drop this year.

This comes after June marked the biggest monthly decline in prices of new homes in 8 months.

Meanwhile, demand for new homes in cities is estimated to stay ~75% below its 2017 peak levels over the next several years, according to Goldman Sachs.

China's 2008 is happening now.

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HUGE: Bitcoin dropped 4% to $114K after Trump’s tariff news

$BTC also saw $195M in long liquidations.

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INSIGHT: Rolex flexes spiked after the 2021 crypto peak, hinting at rising market confidence and flashy spending.

This cycle hasn’t hit that stage yet.

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Due to the market drop, trader 0x0558 had parts of his $BTC and $ETH long positions liquidated.

He fully closed his $ETH longs, with 640 $BTC($72.3M) longs left.

5 days ago, his total profit was over $18M, but now it’s down to just $494.7K—almost all of his gains are gone.

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