Author name: Peter

The Decline of BONK: A Look at the Recent Performance of the Meme Coin

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The meme coin phenomenon has taken the cryptocurrency world by storm, with BONK (BONK) capturing the attention of users on the Solana network. However, in recent weeks, the cryptocurrency has witnessed a significant decline, raising questions about its future trajectory. A Steep Decline In the past fortnight, BONK has experienced a 41% drop in value, […]

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The DOJ’s Decision Not to Pursue Second Trial Against FTX Founder Sam Bankman-Fried Sparks Outrage

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Outrage in the Crypto Industry The U.S. Department of Justice (DOJ) has opted not to proceed with a second trial against Sam Bankman-Fried (SBF), the disgraced founder of FTX. This decision has sparked outrage within the crypto industry, with Coinbase, a prominent crypto exchange, labeling it a "miscarriage of justice." A Controversial Move The decision

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Vaneck Director Calls SEC’s Cash-Only Requirement for Bitcoin ETFs “Nonsense”

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Gabor Gurbacs, the Director of Digital Assets Strategy at asset management firm Vaneck, has criticized the U.S. Securities and Exchange Commission (SEC) for its cash-only requirement for spot bitcoin exchange-traded funds (ETFs). In a post on social media platform X, Gurbacs called the requirement "nonsense" and stated that it should not restrict bitcoin ETFs to

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Ark Invest CEO Cathie Wood Foresees Widespread Institutional Involvement in Bitcoin ETFs

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Ark Invest CEO's Optimistic Outlook on Bitcoin ETFs Cathie Wood, the CEO of Ark Investment Management, believes that institutional investors will embrace spot bitcoin exchange-traded funds (ETFs) once they are approved by the U.S. Securities and Exchange Commission (SEC). In a recent interview with Yahoo Finance, Wood expressed her perspective on the potential impact of

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Tether CEO Paolo Ardoino Celebrates USDT’s $91.5B Market Cap: ‘Tether Evolved’

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Paolo Ardoino Celebrates Tether's Growth Tether CEO Paolo Ardoino recently reflected on the remarkable growth of the company since its inception. In a post on X, Ardoino expressed his delight at the current standing of the company, with its USDT stablecoin achieving a staggering $91.5 billion market cap across multiple blockchains. Additionally, Tether boasts $4

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Okx to Cut Ties With Privacy Coins Amid Regulatory Heat, Triggering Market Dip

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Okx Joins Binance in Major Delisting Wave In response to the ongoing discussions surrounding Binance's removal of privacy coins, cryptocurrency exchange Okx has announced that it will also be removing several spot trading pairs associated with privacy tokens such as monero, zcash, and dash. Okx cites user feedback and its own delisting guidelines as the

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LBank Labs’ Strategic Expansion into Morocco’s Casablanca Finance City: A Visionary Move with Enhanced Employee Benefits and Global Partnerships

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Morocco: A Strategic Hub for Global Business In the challenging global financial climate of 2023, LBank Labs, a $100 million fund and Fund of Funds, has made a strategic move by establishing its presence in Morocco. This decision, led by El Bachir Essamari and robustly supported by the leadership team, represents a significant step forward.

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