Sun Crypto Announcements
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Crypto Weekly News Updates | 18 December

The events of the previous week prompted confusing sentiment in the crypto world, and we are eager to see what this month has in store. Before you get started, check out our Crypto Weekly News Updates.

The current market cap is β‚Ή128.86 Trillion on 18 December. In the past few months, even the top-performing coins were seen as confusing and were trying to set a new market trend.

As of the past week, Bitcoin is priced at β‚Ή3,411,913.62, reflecting a 1.97% drop within the last 24 hours and a 3.78% loss over 7 days. Talking about Ethereum, ETH is currently valued at β‚Ή180,484.80, showing a 1.91% fall in the past 24 hours, with a significant drop of 4.12% over 7 days.

For more information:- https://academy.suncrypto.in/crypto-weekly-news-updates-18-december/
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Top Ethereum ETFs to Watch Closely in 2024

Ethereum has witnessed a notable upswing in recent sessions, reinvigorating the enthusiasm of crypto enthusiasts worldwide. Within this resurgence in ETH’s price, a significant development emergesβ€”BlackRock’s recent submission for Ethereum ETFs has generated considerable excitement in the investment sphere.

This move by the world’s largest asset manager signifies Ethereum’s growing prominence in the financial domain, transcending mere acknowledgment to mark its maturation. Could this be the impetus propelling Ethereum and the broader crypto market into the forefront of global investor consciousness?

For more information:- https://academy.suncrypto.in/top-ethereum-etfs-to-watch-closely-in-2024/
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πŸ””IMPORTANT ANNOUNCEMENTπŸ””

Delisting of Safemoon (SFM) from the SunCrypto Application

SunCrypto, one of the prominent crypto exchanges in India, has made a significant decision regarding the SafeMoon (SFM) token, a cryptocurrency previously available on its platform. This decision is aimed at safeguarding the interests of our users and maintaining transparency within our services.

Effective 20th January at 24:00 (IST), SunCrypto will officially delist the SafeMoon (SFM) token from its exchange platform. This decision has been prompted by recent developments surrounding the SFM token that have raised concerns about its reliability and legitimacy.

For more information:- https://help.suncrypto.in/support/solutions/articles/82000906633-delisting-of-safemoon-sfm-from-the-suncrypto-application
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Major Bitcoin Holders List 2023

1️⃣Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is thought to be one of the largest Bitcoin Holders, estimated to hold about 1,000,000 BTC, valued at approximately $42.8 billion.

2️⃣The worth and market value of Bitcoin stems from several elements: scarcity, acceptance, divisibility, portability, durability, and resilience against counterfeiting.

3️⃣Among the prominent Bitcoin Holders are figures like the Winklevoss twins, institutional investors like MicroStrategy, and governmental entities such as the U.S. and China.

Amidst the array of decentralized digital currencies available for investment, Bitcoin (BTC) stands out as the most popular choice. As of December 20, 2023, Bitcoin boasts a market capitalization of β‚Ή69.72 trillion, marking an astronomical surge of almost 69,276,243.40% since its inception in 2009.

For more information:- https://academy.suncrypto.in/major-bitcoin-holders-list-2023/
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πŸ“’Leaderboard UpdateπŸ“’
(Winter Trading League)

Attention Traders,

With just 6 days remaining, the excitement is at its peak in the Winter Trading League ! The leaderboard is updating live.

Trade & participate in WTL (Winter Trading League) Aim for the top position to claim your share of the enticing INR 5 lakhs prize pool! πŸ’°

Join the competition or track your current standing right here: WTL Leaderboard

https://suncrypto.in/winter-trading-league.php

Trade Big & Win Big

Regards,
Team SunCrypto.
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πŸŽ„β›„ Merry Christmas πŸŽπŸŽ…
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Solana (SOL) Token Hits $100 in year 2023πŸ“ˆ

What's Next?πŸ€”

Don't miss out on unraveling the secrets behind Solana's unprecedented price surge!

For more information: https://www.instagram.com/reel/C1T6PPJyJ99/?igsh=MzRlODBiNWFlZA==
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🧐 Crypto Quiz 🀯
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What Are Bitcoin SRC-20 Token Standard?

Is 2023 heralding a significant focus on token standards within the cryptocurrency sphere? A prominent occurrence is the introduction of the SRC-20 standard within the Bitcoin blockchain, drawing parallels with Ethereum’s renowned ERC-20.

This adoption of SRC-20 is perceived by many as a pioneering step, infusing a fresh facet into digital art and tokens on the Bitcoin network, and amalgamating innovation with established practices. Similar to the well-known token standard BRC-20, this development prompts considerations about its implications for the future of Bitcoin and digital assets.

For more information:- https://academy.suncrypto.in/what-are-bitcoin-src-20-token-standard/
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