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‘Powell’s Termination Cannot Come Fast Enough’: Trump Turns Up Heat on Fed Chair

Coins Legend April 17, 2025 0

U.S. President Donald Trump takes issue with Federal Reserve Chair Jerome Powell, asserting the central bank leader is “always too late and wrong.” Trump insists Powell should cut the federal funds rate immediately, declaring that his “termination cannot come fast enough.” Fed Showdown: Trump

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Trump’s Tariff Policy Threatens Dollar’s Safe Haven Status and Global Currency Dominance, Warns FX Strategist Wizman

Coins Legend April 17, 2025 0

Recent data indicates a breakdown in the dollar’s traditional correlation with other markets, as investors seek refuge in currencies like the Swiss franc and Japanese yen, which have recently strengthened. Thierry Wizman, global FX and rates strategist at Macquarie Group, stated that Trump’s tariffs policy shake-up not only threatens the dollar’s status as a safe […]

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CoinGecko Spotlights LBank’s Memecoin Dominance and Fastest Altcoin Listings

Coins Legend April 17, 2025 0

This content is provided by a sponsor. PRESS RELEASE. SINGAPORE, April 17, 2025 – LBank (lbank.com), a leading global cryptocurrency exchange, has solidified its position as a frontrunner in the cryptocurrency market by capitalizing on rapid altcoin listings and dominating the memecoin sector. According to CoinGecko’s latest report, LBank stands out among centralized

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The Upper Hand: Why Stablecoins Will Remain Popular in Argentina After the End of Currency Controls

Coins Legend April 17, 2025 0

Local experts assess that, while useful, regular dollars will not impact the use of stablecoins in Argentina, given their unique characteristics and value proposition. Instead, some believe that the adoption of these dollar-proxy tokens will increase, as they create new investment opportunities. Analysts: Argentina Will Keep Embracing Stablecoins After the recent lifting

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Mike Novogratz’s Galaxy Ventures Fund Surpasses $150 Million Goal

Coins Legend April 17, 2025 0

Mike Novogratz’s Galaxy Ventures Fund I LP has exceeded its initial fundraising goal of $150 million, with expectations to close between $175 million and $180 million by the end of June, according to a Bloomberg report. The fund, which focuses on early-stage startups with an emphasis on payments and stablecoins, is closing at a time […]

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Trump Helps Cool Canadian Inflation as Election Day Looms

Coins Legend April 17, 2025 0

The country reported lower-than-expected consumer price index (CPI) numbers in March, but the reason may be a bit surprising. Trump’s Policies Dent Canadian Inflation Ahead of Election President Donald Trump is perhaps public enemy number one in Canada. His rhetoric about an annexation of the country in order to turn it into the “51st state” […]

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Bitget Burns $130 Million BGB 2.5% of the Total Token Supply

Coins Legend April 17, 2025 0

This content is provided by a sponsor. PRESS RELEASE. Victoria, Seychelles, April 17th, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has completed the burn for 30 million Bitget Token (BGB) as per its previously shared burn mechanism plan for the quarter. At the time of the burn, this represented a market value […]

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DWF Labs Unveils $25M Investment in Trump-Backed Liberty Financial and Plans for USD1 Stablecoin Liquidity

Coins Legend April 17, 2025 0

Dubai-based DWF Labs has announced a strategic expansion into the United States with the opening of a new office in New York City, alongside a $25 million purchase of World Liberty Financial (WLFI) governance tokens. The investment in WLFI, a decentralized finance protocol backed by President Trump, highlights DWF Labs’ commitment to participating in governance. […]

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Tether Backs Fizen to Boost Global Stablecoin Adoption

Coins Legend April 17, 2025 0

Tether has invested in fintech firm Fizen to accelerate the real-world adoption of stablecoins and promote global financial inclusion through user-friendly self-custody payment solutions. Fizen Secures Strategic Investment from Tether to Expand Stablecoin Utility Tether, the world’s leading stablecoin issuer, has announced a strategic investment in Fizen Limited, a fintech

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Russia Eyes Own Stablecoins After USDT Blockage

Coins Legend April 17, 2025 0

A senior official from Russia’s Finance Ministry has suggested that the country should develop its own stablecoins pegged to various currencies following the recent blocking of USDT stablecoin wallets linked to Russia. Dollar-pegged stablecoins have gained popularity for facilitating fund transfers between cryptocurrencies and cash, especially as Western sanctions have