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German central bank chief sees merit in euro stablecoins, but CBDC remains in focus

German central bank president Joachim Nagel said he sees “merit in euro-denominated stablecoins,” and argues that they could serve as a cheaper and more efficient means for cross-border payments by both firms and individuals. Summary German central bank president Joachim Nagel said euro-denominated stablecoins can serve as a means for low-cost cross-border payments. He said…

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Solana price confirms bull trap as local structure shifts bearish

Solana’s price invalidated its recent breakout attempt after failing to hold above key resistance, confirming a bull trap and shifting the short-term market structure back to bearish. Summary Failed breakout above $88 confirms bull trap, trapping late buyers Rejection at the point of control signals bearish control, favoring downside rotation $78 support is the key…

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