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Pepe Surges Amidst Meme Coin Market Gains; Whales Accumulated Significant PEPE During Price Dip

June 22, 2023 0

While the crypto economy has reached a value of $1.2 trillion, meme coin markets have experienced substantial gains this week, with the top five meme tokens recording both 24-hour and seven-day gains. According to recent data, pepe is leading the pack with a 34% increase in the last 24 hours

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Kyber Network Expands to zkSync Era: Deploying KyberSwap Aggregator and Classic Liquidity Protocols

June 22, 2023 0

Kyber Network, a pioneer in the decentralised finance (DeFI) space, is excited to announce the deployment of its flagship product, KyberSwap, on zkSync Era. The deployment of KyberSwap Aggregator and Classic Liquidity Protocols on zkSync marks the 14th chain integration for Kyber Network, providing users with enhanced liquidity, improved transaction speeds, and reduced

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Custodia Bank Founder Caitlin Long: ‘The Fed Thinks Only Large Incumbents Should Service Crypto’

June 22, 2023 0

Caitlin Long, the founder of Custodia Bank, has railed against the favoritism that the Federal Reserve and the institutions of the U.S. financial system are supposedly showing to incumbents. According to Long, regulators have applied double standards when permitting established financial institutions to serve the crypto market and access instruments like Fed master

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Binance US Market Share Shrinks Amid Legal Battle With SEC

June 22, 2023 0

The market share of the U.S. subsidiary of Binance has declined amid an ongoing crackdown by America’s securities regulator. According to new data, leading U.S. crypto exchange Coinbase, also sued by the Securities and Exchange Commission (SEC), is taking a hit, too. Binance US Market Share Drops to 1.5%, According to Kaiko The litigation with […]

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Balaji Srinivasan Highlights De-Dollarization Past of Biden’s Top Economist

June 22, 2023 0

Former Chief Tech Officer at Coinbase, Balaji Srinivasan, took to Twitter to remind his followers about Jared Bernstein’s earlier stance on de-dollarization. The angel investor sees logic in views that the new White House top economist has now abandoned, on the U.S. dollar’s status as a global reserve currency . Not a Bitcoin Maximalist — […]

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Valkyrie Funds Joins Race for SEC Approval as It Files Application for Spot Bitcoin ETF 

June 22, 2023 0

On Wednesday, Valkyrie Funds, a Tennessee-based asset manager offering a bitcoin futures exchange-traded fund (ETF), a defi fund, and a bitcoin mining industry ETF, filed with the U.S. Securities and Exchange Commission (SEC) for the launch of a spot bitcoin ETF. SEC Flooded With Spot Bitcoin ETF Applications as Valkyrie Funds Steps Into the Ring […]

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HSBC, Mastercard File More Crypto-Related Trademark Applications

June 22, 2023 0

HSBC and Mastercard, two major players in the banking and payment industries, have submitted additional trademark applications related to cryptocurrencies with the United States Patent and Trademark Office (USPTO). Mastercard’s filing focuses on crypto and blockchain transactions while HSBC’s application focuses on metaverse banking and services related to non-fungible

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Federal Reserve Chairman Says Crypto Appears to Have Staying Power in US Economy

June 22, 2023 0

Federal Reserve Chairman Jerome Powell has acknowledged that cryptocurrency appears to have staying power as an asset class in the U.S. economy. In addition, he stated that the central bank views payment stablecoins as a form of money, emphasizing that it would be appropriate to have a robust federal role in what happens in stablecoin […]

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Cleanspark Expands Bitcoin Operations With Acquisition of Georgia Facilities in All-Cash Deal

June 21, 2023 0

Cleanspark, a publicly listed bitcoin miner, has announced that it has entered into definitive agreements to acquire two turnkey bitcoin facilities in Dalton, Georgia. The deal will be an all-cash payment of $9.3 million and is expected to increase Cleanspark’s current operations by just under 1 exahash per second (EH/s). Cleanspark Secures Georgia Bitcoin Facilities […]

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Gold to $2,100 — Investment Management Firm Says Gold to Be Key Instrument in New Financial Order

June 21, 2023 0

Central banks, particularly those in emerging economies, are ramping up their gold reserves in preparation for a new monetary regime, signaling a potential loss of reserve currency status for the U.S. dollar, according to the investment management firm Goehring & Rozencwajg. The company’s managing partner Leigh Goehring explained in a recent interview that gold will