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The Fed Will Keep Focusing on Crypto — Fed Governor Says ‘We Do Not Want to Hinder Innovation’

January 12, 2023 0

Federal Reserve Governor Michelle Bowman says while “cryptocurrency activities can pose significant risks,” the Fed does not want to “hinder innovation.” She added: “By inhibiting innovation, we could be pushing growth in this space into the non-bank sector, leading to much less transparency

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JPMorgan CEO Jamie Dimon on US Economy: ‘I Shouldn’t Ever Use the Word Hurricane’

January 12, 2023 0

JPMorgan Chase CEO Jamie Dimon says he “shouldn’t ever use the word hurricane” when warning about the U.S. economy. However, he insisted that there are “storm clouds” that “could be a hurricane.” JPMorgan CEO Jamie Dimon on US Economy The chief executive of global investment bank JPMorgan Chase, Jamie Dimon, discussed the U.S. economy in […]

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Brazilian Cryptocurrency Law Likely to Be Reviewed by Lula’s Government

January 11, 2023 0

The recently approved Brazilian cryptocurrency law will likely be reviewed and revised by the newly inaugurated government of Luis Inacio “Lula” Da Silva. According to statements made by the former rapporteur of the law, Expedito Netto, the new government will likely review the law to include some issues that were left behind for its approval. […]

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Ava Labs Partners With Amazon Web Services to Accelerate Blockchain Adoption, AVAX Jumps 16%

January 11, 2023 0

Ava Labs, the team behind the layer one (L1) smart contract platform network Avalanche, has partnered with Amazon Web Services (AWS), according to an announcement made on Jan. 11, 2023. Founder and CEO of Ava Labs, Emin Gün Sirer, said the collaboration was a “big deal” and, in comparison with other blockchain announcements that involved […]

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Game of Thrones NFTs Sell Out Quickly, But Draw Criticism for ‘Poorly Drawn’ Characters

January 11, 2023 0

The cryptocurrency community is discussing the new “Game of Thrones” non-fungible token (NFT) assets that were launched on the NFT marketplace niftys.com. The “Build Your Realm” collection sold out on Jan. 10, the day it was released. However, there have been complaints from fans, with some calling the NFTs “poorly drawn” and others criticizing the […]

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Ethereum’s Dominance on the Rise: Market Share Increases by 3% Among Global Crypto Assets

January 11, 2023 0

Since Dec. 31, 2022, ethereum’s market dominance has increased by more than 3% among the thousands of crypto assets worldwide, valued at roughly $856 billion on Jan. 11, 2023. According to coinmarketcap.com, a popular coin market capitalization aggregation site, ethereum’s crypto market dominance jumped from 18.4% to its current 19% dominance rating. Ethereum’s Market

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Taunt Battleworld Announces Launch of Black Magic NFT Collection

January 11, 2023 0

PRESS RELEASE. Taunt Battleworld, a digital collectible competitive fighting game for the metaverse, will launch its next NFT collection, the Black Magic Collection, on January 14, 2023, exclusively on Magic Eden. These NFTs are ideal for gamers and enthusiasts interested in the fighting game genre featuring player-owned assets and various live tournaments. In addition,

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FTX’s Exchange Token FTT Sees Mysterious Pump Amid Bankruptcy Case, SBF Fraud Charges

January 11, 2023 0

As the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange’s token, FTX Token (FTT), has seen significant growth. Since Jan. 9, 2023, FTT has risen 28.42% and currently sits above the $1 range, following a dip below that threshold. FTT Token Jumps 28% Rising Above […]

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Biggest Movers: ATOM Hits 2-Month High, as XRP Extends Recent Gains

January 11, 2023 0

Cosmos rallied to a two-month high on Thursday, as cryptocurrency prices rebounded following Wednesday’s decline. Xrp was also mostly in the green in today’s session, extending recent gains in the process. The global crypto market cap is trading 0.17% higher as of writing. Cosmos (ATOM) Cosmos (ATOM) raced to a two-month high on Wednesday, as […]

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Digital Currency Group CEO Barry Silbert Responds to Accusations by Gemini’s Cameron Winklevoss With Shareholders Letter

January 11, 2023 0

Barry Silbert, CEO of Digital Currency Group (DCG), has released a letter to shareholders in response to a recent open letter from Gemini CEO Cameron Winklevoss. The letter, issued Tuesday by Winklevoss, calls for the DCG board to force Silbert to step down as CEO. Silbert shared his letter on Twitter and said he had […]