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After a pullback of over 40%, is the opportunity for alts here?

Original Title: Are Altcoins Still Cooked?
Original author: hyphin
Source of the original text:
Compiled by: Daisy, Mars Finance
Objectively speaking, cryptocurrencies are experiencing a rare strong market phase in a generation. In just a few years, goals and milestones that were once considered unattainable have been achieved.
As resistance levels are turning into support, the global market capitalization continues to oscillate upward, having increased by approximately $32 trillion since the bear market lows, rapidly breaking through historical highs with unprecedented smoothness. Meanwhile, altcoins are testing the key psychological resistance area for the third time—previous attempts in 2021 and 2024 both failed, leading to a decline of over 40%. If this unknown territory can be breached, the market focus may shift away from Bitcoin, potentially triggering severe volatility; however, if it fails again without subsequent support, it could impact the gradually accumulating market.
BTC-0.43%
ETH-0.22%
SOL-2.08%
HYPE-4.35%
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GateUser-5d561e5avip:
坐稳扶好,马上起飞 🛫
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From London to the World: The Ambitions Behind Revolut's $75 Billion Valuation are Coming to Fruition

Original title: Digital Bank Revolut plans to invest $13 billion over 5 years to drive global expansion: adding 30 markets and creating 10,000 jobs by 2030.
Original author: Aspen
Source:
Compiled by: Daisy, Mars Finance
According to a report by Barrons, the digital bank Revolut has made a significant announcement, stating that it will invest $13 billion over the next five years to drive its global expansion, with the goal of entering 30 new markets and creating 10,000 jobs by 2030, while also doubling its workforce.
$13 billion investment reveals ambition
Revolut is a British fintech company, founded in 2015 and headquartered in London, starting with currency exchange and transfer services. Revolut is regarded as a Digital Bank.
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BNB Chain validators propose to halve the fuel fee and accelerate the block time.

According to Mars Finance, the BNB Chain officials disclosed that validators are proposing to reduce the minimum gas fee price of the BNB Smart Chain (BSC) from 0.1 Gwei to 0.05 Gwei, while accelerating the block interval from 750 milliseconds to 450 milliseconds to maintain competitiveness with the fastest blockchains in the crypto assets field.
BNB2.39%
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The Cardano Foundation updates its roadmap, covering the promotion of the development of stablecoins and Decentralized Finance.

According to a report from Mars Finance, the Cardano Foundation has announced the next phase of the Cardano application roadmap: it will provide up to eight-digit ADA liquidity for the Cardano stablecoin project. It will support the popularization and liquidity of DeFi through measures such as stablecoin DeFi liquidity budgets. Delegate 220 million ADA tokens to new DReps. Launch real-world asset (RWA) projects with a scale exceeding 10 million USD. Allocate 2 million ADA tokens to Venture Hub. Fully expand promotional activities and application implementation.
ADA-1.62%
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Orderly Network has launched a new platform "Orderly One" for users to autonomously create Perptual Futures DEX.

According to Mars Finance, as reported by CoinDesk, the DEX infrastructure provider Orderly Network has launched a platform that allows users to create their own Perptual Futures DEX. Orderly stated on the X platform on Tuesday that with "Orderly One," users can set up a Perptual Futures DEX in just a few minutes without writing any code. This new service is aimed at Decentralized Autonomous Organizations (DAO), funds, trading communities, and others looking to establish income sources through encryption trading without relying on centralized entities.
ORDER-17.56%
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Circle announced that USDC and CCTP V2 are now live on Plume.

According to Mars Finance, Circle announced on the X platform that USDC and the cross-chain transfer protocol CCTP V2 are now live on Plume. Institutions, developers, and enterprises can now use the stablecoin USDC on the Plume platform and achieve seamless cross-chain transfers between supported blockchains. With Plume, USDC now supports 27 blockchains and can circulate securely across 16 blockchains via CCTP V2.
USDC0.03%
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Revolut plans to invest $13 billion in support of its international expansion over the next five years.

According to Mars Finance, Barrons reported that the British financial technology company Revolut announced on Tuesday that it will invest $13 billion over the next five years to support its international expansion, aiming to compete with traditional global banks. The company stated that it plans to create 10,000 jobs and enter more than 30 new markets by 2030.
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The US-listed company JZXN plans to integrate BTC, ETH, and other assets into its balance sheet and will explore staking.

According to Mars Finance, NASDAQ-listed car dealer JZXN announced the expansion of its digital currency treasury strategy, with key priorities including integrating Bitcoin (BTC), Ethereum (ETH), and other major crypto assets into the company's balance sheet, establishing a comprehensive fund management framework with risk control and yield optimization, and exploring participation in DeFi protocols and staking opportunities to enhance shareholder value.
BTC-0.43%
ETH-0.22%
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A certain Address spent $927,000 to "buy the dip" in UXLINK after being attacked by a Hacker, currently facing a loss of nearly 99.8%.

According to Mars Finance news, recently, on-chain analyst Ai Yi (@ai\_9684xtpa) monitored that after the UXLINK project was attacked by a hacker, the address 0x4f3...510a1 spent 273 ETH at an average price of 0.03283 USD in the early morning to purchase UXLINK tokens on the Arbitrum network, investing about 927,000 USD. However, the hacker's malicious issuance behavior subsequently caused the address to incur unrealized losses of up to 925,000 USD, with a loss rate close to 99.8%.
UXLINK-49.44%
ETH-0.22%
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CfC St. Moritz has announced that it has allocated 25% of its treasury assets to Bitcoin.

According to Mars Finance, the digital asset conference CfC St. Moritz has announced its collaboration with Swiss cryptocurrency bank Sygnum Bank to establish a Bitcoin reserve as part of its long-term financial strategy. The conference has allocated 25% of its treasury assets to Bitcoin.
BTC-0.43%
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