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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ one year ago

Jamaal Bowman on hip-hop?s ?eff you? response to bad politics

Jamaal Bowman on hip-hop?s ?eff you? response to bad politics

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  Posted by u/ one year ago

We're on the cusp of another psychedelic era. But this time Washington is along for the ride

From Congress to the Biden administration, there?s enthusiasm for the drugs? ability to treat mental illness.

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  Posted by u/ one year ago

How Biden plans to run against Trump ? but not the GOP frontrunner's indictments

President Joe Biden has worked to steer clear of Donald Trump's legal troubles. His allies are convinced the "indictments speak for themselves."

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  Posted by u/ one year ago

Pence's 'Too honest' T-shirts, Trump's mug shot: Candidates turn memes into merch

2024 hopefuls from both parties are turning some of the most well-known jokes, or criticism, about them into creative campaign merchandise.

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  Posted by u/ one year ago

Here's a look at which candidates have signed the "Beat Biden" pledge

Trump said that he won't sign a pledge to support the eventual Republican nominee. Here's a look at which candidates have signed the pledge.

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  Posted by u/ one year ago

Special counsel named in Hunter Biden probe, campaign merch: 5 Things podcast

AG appoints special counsel to investigate Hunter Biden, what this week's vote in San Francisco means for self-driving taxis: 5 Things podcast

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  Posted by u/ one year ago

GOP candidate Vivek Ramaswamy raps to Eminem's 'Lose Yourself' at fair

Vivek Ramaswamy told Gov. Kim Reynolds his favorite walk-out song is Eminem's 'Lose Yourself.' He proved it by rapping along while the song played.

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  Posted by u/ one year ago

Coinbase layer-2 network Base hits 136,000 daily active users

Around 30% of Base's users on Aug. 10 were new to the blockchain which launched only a day prior.

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  Posted by u/ one year ago

Latest Bank of Canada Report Highlights Lack of Incentives For Canadians to Adopt CBDC

The paper says that 98% of Canadian adults have a bank account, 87% also have a credit card, and 90% of rural and urban households have access to high-quality internet.

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  Posted by u/ one year ago

FC Barcelona secures $132M investment for blockchain and NFT venture

The football club has been keen on creating nonfungible token collections for much of the past year.

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  Posted by u/ one year ago

United States CBDC Debate Goes Mainstream As Post Malone Takes Swipe At \x9cDigital Dollar\x9d

American rapper, Post Malone has criticized the idea of a potential United States Central Bank Digital Currency (CBDC) describing it as a means of government control.

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  Posted by u/ one year ago

SEC Delays Decision on Ark Invest's Spot Bitcoin ETF Application, Calls For Public Input

The delay was expected, with Ark Invest CEO Cathie Wood saying earlier this week she expects the SEC to approve multiple ETFs simultaneously.

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  Posted by u/ one year ago

DCG and Barry Silbert Seek Dismissal of Lawsuit by Gemini Trust Company Over Alleged Misrepresentations

Digital Currency Group (DCG) has filed a motion to dismiss Gemini's lawsuit, claiming fraud by the company and its founder, Barry Silbert, through DCG's subsidiary, Genesis, which held funds for Gemini's Earn program.

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  Posted by u/ one year ago

Coinbase's New Base Blockchain Draws $10 Million Inflows Day After Launch \x93 Here's the Latest

Base, a new Ethereum layer 2 blockchain that has been developed by crypto exchange Coinbase, saw inflows worth just over $10 million on its first day after launch.

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  Posted by u/ one year ago

S Korean Prosecutors Want to Jail $651m 'Crypto Scammers' for 12-15 Years

South Korean prosecutors say they hope to jail executives thought to be behind a $651 million crypto scam to prison for up to 15 years.

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  Posted by u/ one year ago

Canada to develop repository for storing crypto and NFT seizures

The Royal Canadian Mounted Police is seeking for a digital asset solution to facilitate the seizure and storage of cryptocurrency and non-fungible tokens.

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  Posted by u/ one year ago

SEC punts on ARK 21Shares spot Bitcoin ETF, opens proposal to comments

ARK Investment Management founder and CEO Cathie Wood predicted on Aug. 7 the SEC would delay its decision on the firm's spot BTC ETF application.

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  Posted by u/ one year ago

Can 1 BTC Make You a Millionaire? Here's What You Need to Know

Bitcoin could be a key beneficiary of a global \x9cmonetary revolution\x9d that propels it past $1 million.

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  Posted by u/ one year ago

Bitcoin futures open interest at 2023 high while BTC trading volume at yearly low ? What gives?

BTC futures open interest is on the rise, but Bitcoin trading volume suggests that traders have shifted their attention to other markets.

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  Posted by u/ one year ago

SEC decision on Bitcoin ETFs won't leave out Wall Street giants

The Securities and Exchange Commission's prolonged deliberation over a spot Bitcoin ETF is stoking expectations of a joint decision for all applications.

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  Posted by u/ one year ago

Bitdeer's losses widen in Q2 after one-time $33M listing fee, shares up 44%

The company entered into a $150 million share purchase agreement with B. Riley Financial on Aug. 10.

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  Posted by u/ one year ago

US gov?t debt downgraded ? Huge news for Bitcoin?

Cointelegraph analyst and writer Marcel Pechman explains why the downgrading of U.S. government debt will negatively impact the price of Bitcoin over the next few months.

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  Posted by u/ one year ago

Price analysis 8/11: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT

After today's Bitcoin ETF decision delay, BTC's boring price action looks set to carry on through the weekend.

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  Posted by u/ one year ago

This E-Gaming Company Earmarks $5M for Bitcoin, Ether Purchases

Boyaa said that the purchase of Bitcoin (BTC) and Ether (ETH) aligns with the interests of the company as well as its shareholders.

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  Posted by u/ one year ago

Shiba Inu price prediction amid intensifying Shiba Memu competition

Shiba Inu is expected to rise higher if it breaks above $0.00001. Shiba Inu is facing stiff competition from new Shiba-themed meme coins like Shiba Memu. Shiba Memu has raised over $1.7 million in its ongoing token presale. The value of Shiba Inu (SHIB) has surged by 32% over the past 30 days, offering meme […]

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  Posted by u/ one year ago

How rising Bitcoin dominance invalidates many crypto assumptions

Key Takeaways Bitcoin dominance has risen above 50%, having started the year at 42% Traditionally, dominance falls while market prices are rising in the sector, marking the year 2023 out as unusual  This hammers home how Bitcoin is still finding its feet, and why prudence needs to be taken when extrapolating past performance to the […]

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  Posted by u/ one year ago

Is Cardano a ghost chain? No. Just extremely overvalued

Cardano has been criticized as one of the biggest ghost chains in the industry. But its metrics shows that its network activity is doing well. Cardano, one of the most popular blockchains, is also a highly controversial one as concerns about its ecosystem growth remain. Some crypto watchers believe that it is a highly overvalued […]

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  Posted by u/ one year ago

Barcelona to host this year?s record-breaking European Blockchain Convention

Key takeaways The city of Barcelona will host this year’s EBC9, the largest European blockchain convention so far. The event will last for three days, starting from October 24th. Coinjournal is a proud media partner of the convention. Barcelona to host EBC9 Barcelona, the Catalan capital, will host this year’s European Blockchain Convention 9 (EBC9). […]

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  Posted by u/ one year ago

Hong Kong crypto platform HKVAX receives approval-in-principle from SFC

HKVAX has moved closer to becoming only the third platform to receive a VATP licence in Hong Kong. This is after it obtained an approval-in-principle from the Hong Kong Securities and Futures Commission (SFC) The SFC website lists OSL and Hashkey as only two VATP licensed companies. Hong Kong Virtual Asset Exchange (HKVAX) has received […]

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  Posted by u/ one year ago

Shiba Inu price prediction as Chancer?s presale approaches $1.3M

Key takeaways Shiba Inu is up by more than 30% over the last 30 days, outperforming other major cryptocurrencies. Chancer’s presale is now closing in on the $1.3 million mark.  Shiba Inu has outperformed the other major cryptocurrencies over the past 30 days and could be set to surge higher ahead of the Shibarium launch. […]

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  Posted by u/ one year ago

SEC delays decision on Ark Invest spot Bitcoin ETF

SEC announced the delay today, publishing a letter calling for more information from the public. A decision on Ark Invest spot Bitcoin ETF could come towards the end of the year. BlackRock and Fidelity are two of the leading firms seeking approval for a spot Bitcoin ETF. Today’s top crypto regulation news revolves around the […]

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  Posted by u/ one year ago

BREAKING: Bankman-Fried sent to jail after judge revokes bail

Judge Lewis Kaplan has revoked former FTX CEO Sam Bankman-Fried’s bail. The judge has also denied the defence’s request to delay Bankman-Fried’s detention pending appeal. Bankman-Fried, whose criminal trial begins on October 2, will be jailed at Putnam. Judge Lewis Kaplan has revoked the bail granted to former FTX CEO Sam Bankman-Fried, and ordered his […]

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  Posted by u/ one year ago

Grails? lucky dip of famous NFT artists, new hope for PFP holders: NFT Collector

Pudgy Penguins CEO reveals why PFT holders aren?t doomed, Grails offers a blind tasting to buy famous NFT artists, and free Amazon Prime NFTs.

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  Posted by u/ one year ago

Matrixport's Bitcoin Greed & Fear Index Indicates Upswing Ahead

The index has a solid track record of shifts in the bitcoin market trend.

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  Posted by u/ one year ago

XRP's Market Cap Momentarily Zoomed to Trillions of Dollars on Gemini

Low liquidity after the token?s relisting likely caused a temporary pricing glitch on the exchange.

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  Posted by u/ one year ago

Shiba Inu Bucks Bitcoin Snoozefest Ahead of Shibarium Deployment

The tokens were up as much as 5% in the past 24 hours, bucking a market-wide trend.

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  Posted by u/ one year ago

'Altcoin Season' Is Coming, Technical Analysis Suggests

An inverse head-and-shoulders pattern, one of the most trusted indicators known to presage major price rallies, is building in the altcoin market.

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  Posted by u/ one year ago

PayPal?s Stablecoin Not Likely to Be Used Widely Anytime Soon: Bank of America

Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said.

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  Posted by u/ one year ago

First Mover Americas: A 'Head-and-Shoulders' Case for Altcoins

The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ one year ago

Coinbase Layer 2 Base Overtakes Optimism in Daily Active Users as Friend.Tech Hype Soars

A grayed-out "airdrop" icon at the top of the Friend.Tech app suggests the platform will release a token.

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  Posted by u/ one year ago

Cathie Wood's Ark 21Shares Bitcoin ETF Application Decision Pushed Out by SEC

The U.S. Securities and Exchange Commission (SEC) extended its review of the Ark 21Shares Bitcoin ETF application, as it continues to look at applications from traditional finance heavyweights like BlackRock and Fidelity.

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  Posted by u/ one year ago

Campaign-Finance Charges Are Back on the Menu

I didn?t really have anything prepared to write about this week but the Department of Justice is on it. Prosecutors told the judge overseeing Sam Bankman-Fried?s criminal trial that they intend to fold campaign finance allegations into a wire fraud charge, after announcing they would have to drop the campaign finance charge itself due to treaty obligations with the Bahamas.

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  Posted by u/ one year ago

Struggling Crypto Custodian Prime Trust Looks Poised for Potentially Massive Layoffs, Sources Say

Nevada regulators recently ordered the crypto company, which BitGo had planned to buy, to cease operations and noted a shortfall in customer funds.

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  Posted by u/ one year ago

PayPal?s Stablecoin Is No Libra. Why the Timing Feels Right

Like Facebook's ill-fated Libra project, PYUSD is getting some pushback in Washington D.C. But its prospects seem more promising, says Michael J. Casey.

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  Posted by u/ one year ago

Sam Bankman-Fried Could Go Back to Jail Thanks to His Big Fat Mouth

The fallen FTX founder didn?t just violate his bail ? he violated the trust of his family?s last remaining allies.

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  Posted by u/ one year ago

Visa Tests Way to Make Paying Ethereum Gas Fees Easier

Visa says managing ether (ETH) balance to cover gas fees is ?burdensome? and too complex, according to a blog post.

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  Posted by u/ one year ago

Cameron Winklevoss to DCG Amid Their Crypto Lending Fight: 'Good Luck' Convincing a Jury

His Gemini crypto exchange and conglomerate Digital Currency Group are battling ? in and out of court ? over the failure of Gemini's Earn lending service.

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  Posted by u/ one year ago

Sam Bankman-Fried Jailed Ahead of Trial

FTX founder Sam Bankman-Fried has been remanded into custody ahead of his October trial on multiple financial crime charges after a federal judge revoked his release on bond.

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  Posted by u/ one year ago

Is Friend.tech a Friend or Foe? A Dive Into the New Social App Driving Millions in Trading Volume

The new social app has driven over 4,400 ETH ($8.1 million) in trading volume in less than 24 hours since its launch, far surpassing OpenSea?s in the same time frame. But with its mysterious origins, lack of privacy policy and lagging network, it raises some red flags.

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  Posted by u/ one year ago

U.S. Senator Lummis, Crypto Lobbyists Urge Court to Dismiss SEC's Coinbase Lawsuit

U.S. Senator Cynthia Lummis (R-Wy.), a number of crypto lobbying organizations and a group of professors called on a federal court to dismiss a Securities and Exchange Commission (SEC) lawsuit against crypto exchange Coinbase Friday.

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