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U.S. Senator Elizabeth Warren says the implosion of crypto exchange FTX shows that the crypto industry needs “more aggressive enforcement.” She stressed: “I’m going to keep pushing SEC to enforce the law to protect consumers and financial stability.” However, many people pointed out that the Securities and Exchange Commission (SEC)
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While some anticipate that more people will naturally get into crypto due to inflation, the reality is far from some community members’ expectations. A discussion in the r/cryptocurrency subreddit highlighted this topic and explored why higher inflation is not pushing more people into the crypto space. According to a Reddit user,
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The round, led by alternative investment firm Marshall Wace, comes as the crypto market faces what some observers are calling a crypto winter. The total cryptocurrency market cap has slumped to less than $1 trillion from about $3 trillion in November and bitcoin, the largest cryptocurrency, has dropped 59% this
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Bitcoin is still consolidating near the $20,000 zone against the US Dollar. BTC must clear the $20,550 resistance zone to start a steady increase. Bitcoin is still struggling to gain pace above the $20,550 resistance. The price is now trading near the $20,000 level and the 100 hourly simple moving average. There is
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The latest price moves in bitcoin (BTC) and crypto markets in context for August 22, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original Source
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"According to whistleblower communications that we have corroborated, personnel in the FDIC’s Washington, D.C. headquarters are urging FDIC regional offices to send letters to multiple banks requesting that they refrain from expanding relationships with crypto-related companies, without providing any legal basis for sending such letters," Toomey wrote. "... As I
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Web3 venture Krew Studios has released further details about its much-hyped NFT avatar project Pastel World, both in a lengthy Twitter thread and freshly-updated litepaper. The startup, which was behind the smash-hit NFT collection MASKS from actor/artist Jordi Mollà, describes Pastel World as the “most ambitious project released by the Krew
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The U.S. dollar's ability to continue its rally in Q2 could prove fatal for Bitcoin (BTC), which has demonstrated inverse correlation with the dollar since January 2022.BTC/USD daily price chart featuring correlation with DXY. Source: TradingViewDollar paints "bull flag"The U.S. dollar index (DXY), which measures the greenback's strength against a
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The bill proposes a sales tax exemption for miners that would apply to their utility bills. If passed, Oklahoma would tax crypto mining operations “in a manner similar to historical forms of manufacturing or industrial processing,” two industries that formerly served as the bedrock of the state’s economy. Indeed, Montgomery’s
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Cardano was pushed down in the crypto top 10 by market cap as LUNA and XRP took over its former place. However, ADA’s price has been surging in the last month and could reclaim previous highs as the general sentiment turns bullish. Related Reading | Cardano Soars 13% On Rumors Of
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