Tag: COIN:BUSDUSD
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Crypto This Tuesday: ORDI Skyrockets 72% Post-Binance Listing, Ava Labs Trims Workforce, and More
Evidence of altseason and recovery in the cryptocurrency market The cryptocurrency market is beginning to rebound after turbulence, such as the FTX incident. Experts like Fernando Pereira from Bitget predict an advance, particularly in altcoins. “One of my favorite indicators for identifying an altseason (a market moment when altcoins appreciate more than BTC) is the…
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Crypto This Wednesday: Polygon Launches POL on Ethereum Mainnet, Vodafone and Chainlink Boost Commerce, and More
Bitcoin reaches US$35,000 on Wednesday and bold predictions for the end of 2023 Bitcoin (COIN:BTCUSD) experienced a notable rise last week due to news about ETFs that turned out to be misleading. The fact that the price did not retreat after the news correction suggests that other factors are driving the increase, such as investors seeking…
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Crypto This Friday: ChatGPT May Boost Crypto Potential, 3AC Co-founder Detained, and More
AI Innovation: ChatGPT Raises Potential in Crypto Industry with Significant Updates Sam Altman, founder of OpenAI, unveiled enhancements in ChatGPT, promising to transform the cryptography sector. The model, known for cryptocurrency price predictions, can now access web information in real-time, overcoming its previous data limitations up to September 2021. This allows for more accurate insights…
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Crypto this Wednesday: Coinbase Starts Institutional Lending, Jefferson Confirmed as Fed Vice Chairman, and More
Philip Jefferson confirmed as next Vice Chairman of the US Federal Reserve Philip Jefferson has been confirmed as the next vice chairman of the US Federal Reserve after winning broad support in a Senate vote. He was nominated by Joe Biden to replace Lael Brainard. Jefferson’s confirmation and future Fed nominees such as Lisa Cook and Adriana…
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Crypto This Thursday: Lufthansa Launches NFTs, Uniswap Acquitted in Court Case, and More
New York court classifies Ether and Bitcoin as ‘commodities’ and dismisses case against Uniswap A New York court has defined Ether (COIN:ETHUSD) and Bitcoin (COIN:BTCUSD) as commodities and has ruled out a class action lawsuit against cryptocurrency exchange Uniswap. The lawsuit alleged that Uniswap had violated US securities laws, but Judge Katherine Polk Failla stated that…
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Crypto This Thursday: Shiba Inu Strengthens Digital Identity, Upbit Dominates July Trading, and More
Tether generates surprising profits and doubts Tether (COIN:USDTUSD) reported profits of over $1 billion in its latest quarterly attestation, which seems surprising for a company with only around 60 employees. The company holds a large amount of US Treasuries, which may explain its profitability. However, the lack of real money on its balance sheet is concerning and…
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Crypto This Friday: Executives Resign at Binance, Aptos Network Compromised, and More
BitMEX Co-Founder predicts Bitcoin elected by AI and hitting $760,000 According to Arthur Hayes, co-founder of the BitMEX exchange, Bitcoin (COIN:BTCUSD) will become the artificial intelligence (AI) currency, with a potential to reach $760,000 per coin. Hayes argues that as AI becomes prevalent, Bitcoin will become the logical choice of currency due to its unique qualities…
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Crypto this Monday: SEC Sues Binance, JPMorgan Launches Blockchain Platform, and More
Binance faces SEC charges over securities law violations Binance Holdings Ltd. and its US affiliates are facing indictments from the Securities and Exchange Commission (SEC) for violations of federal securities laws. The SEC alleges that the cryptocurrency exchange and its founder, CZ, engaged in unregistered offerings and investment schemes. Binance faces a total of 13 allegations, including trade…