Web3Key

Hyperliquid Trader James Wynn Exits $1.25B Long Bitcoin Bet at a Loss  🔽 James Wynn, a prominent trader on the decentralized exchange Hyperliquid, has exited a massive $1.25 billion leveraged long position on Bitcoin at a loss. Wynn, known for his high-risk, high-reward strategies, had previously amassed over $46 million in profits through aggressive leverage on Bitcoin and various memecoins. 💸 His recent decision to close this substantial position, announced via a post stating "cut my losses," marks a significant shift in his trading approach. ⛔ This move underscores the volatile nature of high-leverage trading in the crypto market and has sparked discussions about risk management among traders.

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🇺🇸 Supreme Court signals Trump can’t fire Fed Chair Powell

🔗  U.S. Supreme Court ruled that President Trump can remove officials from independent federal agencies, strengthening presidential control. However, it excluded the Federal Reserve from this ruling, protecting Fed Chair Jerome Powell from being fired.🔗

🎙 The Court emphasized Fed’s unique, semi-private status and signaled caution in undermining its independence. Despite past criticism, Trump has said he doesn’t plan to remove Powell before his term ends in May 2026.

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🎙 The Fear & Greed Index has hit 78, signaling extreme greed and marking its highest level since January

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🇺🇸Wall Street Strikes Back: U.S. Banking Giants Join Forces to Launch Their Own Stablecoin 💵 Major U.S. banks like JPMorgan, Bank of America, and Wells Fargo are exploring the creation of a joint U.S. dollar-backed stablecoin. 💰 The goal is to stay competitive in the evolving digital finance space and offer faster, blockchain-based transactions. This move aligns with upcoming U.S. regulations aiming to clarify rules around stablecoins.

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🎁 American rapper Snoop Dogg, in collaboration with the Collectibles channel, has launched a 💵12,000 challenge! To participate, just join the bot using the link below, subscribe to both channels, and invite 3 friends to bot using your own referral link 👤 Only 6 days left until the draw ends! Join the Giveaway  ⚡ 🤍

⚽️ FIFA is launching its own layer-1 blockchain on Avalanche 💰

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🪙Bitcoin has no top because Fiat has no bottom :)

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📱  Abu Dhabi’s $2.5B Bet on an AI-Powered Smart City 🏙️    🤖 Bold Technologies has announced a $2.5 billion project to build Aion Sentia Cognitive City — an AI-driven urban platform designed to manage infrastructure like traffic, energy, healthcare, education, and public services in real time. ⭐  The system will act as the city's AI “brain,” aiming to deliver seamless, optimized urban living. This marks a major leap in the UAE’s ambition to become a global AI leader by building not just data centers, but fully intelligent ecosystems.

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🔥 NEW: 1 Bitcoin now costs more than 1kg of Gold. 💵 1 Bitcoin: 109k 👑 1kg of Gold: 106k

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🔥 NOW: $BTC hits $109K

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🔹 For the first time in more than 10 years, less than 4.9% of Ethereum's total volume is on exchanges • Bitcoin has also hit a low with just 7.1% as of November 2018

📊 Over the past 5 years:

🟠 There are 1.7 million less BTC on exchanges 🪙The number of ETH on exchanges has decreased by 15.3 million coins

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💵 If the German Government didn't sell their 49,858 $BTC at $57,900 in July 2024, it would be worth $5.24B with $2.3B in profit.

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💸Bitcoin hit the price of $107,000💵

🤍 😇 Big Updates from Blum! 💰  $BabyDoge is launching on TON tomorrow and will be listed on Blum! Get ready for trading launch and a special AMA session with  BabyDoge team. 🟩 Perpetual Futures are coming to Blum! Trade with leverage, go long or short — starting on the Telegram mini app, and later on web.

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👆 $FAMV FAMEVERSE Mining for Telegram Users Same Like Notcoin 🔥 Rewards ✅ $FAMV Points ➡️ Token🔥 The Project looking promising with a sustainable business model unlike other pump & dump projects 🔗 App Link 👉  Click Here 1️⃣ Just Open Link & Start Auto mining Every 6 hours 2️⃣Complete Task >> Play game >> Claim Points & Earn More ✔️ Done Dont Miss Join Early ✔️ Get more Token  💸💵 Viral soon, join fast 🔗

↖️ Arthur Hayes: Bitcoin must break through 110K for altseason to begin ✏️ BitMEX co-founder Arthur Hayes says Bitcoin must break above $110,000 and climb toward $150,000–$200,000 for a true altcoin season to kick off. 🔍 Hayes predicted this breakout could occur sometime in June or early Q3, driven by rising liquidity and increased trading volume.

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🔥 CZ: “Investing in crypto is risky. Not investing in crypto is also risky.” 💬 Do you agree?

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🗾🎑🏞🌅 🟩Blum's Official Statement:

🔙 Blum is in discussions with key stakeholders to reassess its TGE plans following recent events. We  are reviewing all implications with legal counsel. The company declined to comment on the investigation involving former CMO Vladimir Smerkis but respects his decision to step down. Our focus remains on building and delivering value to the community, with more updates to come.🔙

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✈️ Telegram Rejected Censorship Request Pavel Durov, the CEO of Telegram, announced in a post on his channel:

🤩A Western European government asked Telegram to censor conservative voices in Romania before the presidential election. I refused — Telegram will not silence users or block political channels. You can't defend democracy by undermining it. The Romanian people deserve free speech and fair elections🤩

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Vladimir Smerkis Exits BLUM as Legal Clouds Appear — Gleb Reassures Community  🌀 According to reports from some Russian media outlets, Vladimir Smerkis, the former Chief Marketing Officer of the BLUM project, has been detained in Russia over allegations related to his previous activities. The BLUM team has issued a brief statement confirming his resignation, without providing further details. 🥸 Contrary to rumors circulating online, Smerkis was not the CEO of BLUM. The project continues to be led by its CEO, Gleb, who recently assured the community that BLUM’s operations remain unaffected. 📣

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