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Crypto News Roundup: Fake UAE Visa, Ethereum's Rise, and Key Market Moves
The BIC digest presents the main cryptocurrency news for today, July 7.
**Headline:**
- The UAE's 'Golden Visa' for investments in TON has been revealed as a fake.
**News Highlights:**
- Investors are favoring Ethereum over Bitcoin; exploring reasons behind this shift.
- Ukraine has expanded its sanctions list to include circumvention activities benefiting Russia.
- Russia's Ministry of Energy, Federal Tax Service, and Ministry of Digital Development have compiled a registry for mining equipment.
- The U.S. House of Representatives is set to discuss the upcoming 'Crypto Week'; details of the agenda.
**Coin Updates:**
- Three meme coins from the Bonk ecosystem are gaining attention in the second week of July.
- Investors are expecting Bitcoin to reach $150,000 in the third quarter.
- LetsBonk has surpassed Pump.fun and is now leading as a platform for launching meme coins.
- Binance may delist three altcoins; important details investors should know.
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AI Analysis
The recent news about the fake UAE 'Golden Visa' associated with investments in TON highlights the ongoing issue of misinformation and fraud within the crypto space. Such incidents can shake investor ...
AI Recommendation
Investors should exercise caution regarding the authenticity of crypto-related claims, especially regarding visa and investment opportunities. Due diligence remains paramount in avoiding scams.
The ri...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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