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Pro-Ripple lawyer John Deaton said he expects a lengthy legal process in the United States Securities Exchange Commission (SEC) vs. Ripple case — possibly lasting a year. Deaton suggested that a settlement may only be considered if Coinbase’s motion to dismiss the SEC’s case against it is successful. In a detailed post on X (formerly
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Investment firm VanEck recently suspended two Russia ETFs as Western sanctions bite hard on profitability.New York-based asset manager VanEck is liquidating its Russia exchange-traded funds (ETFs) following a lack of Western investment interest. According to VanEck, since the Russian-Ukraine strife began, US investment in Russia has effectively dried up. The
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The Chinese smartphone giant started to let go of some of its staff due to lower sales amid the lockdowns in China.While many companies are gradually rebounding from the adverse effects of the coronavirus pandemic, others like China Xiaomi are still battling with the COVID impact as it plans to
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"Looking forward to the coming quarters, we see a tougher market environment from the lower bitcoin price level, overall increased energy price, and various pandemic and geopolitical uncertainties globally, which may all jeopardize the demand and price for our products," CFO James Jin Cheng said. Source
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Bitcoin has seen some immense volatility throughout the past few days, rallying to highs of $15,800 just over
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Bitcoin could be on the verge of breaking into a multi-month bull run, according to a lesser-known data metric. The percentage of bitcoin’s circulating supply in profit is currently hovering at 87%, according to data provided by blockchain analytics firm Glassnode. The metric is calculated by looking at the ratio of
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