Avalanche Rally Just Getting Started?
AVAX price is showing positive signs above the $20 support. Avalanche bulls seem to be in control, and they might aim for
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Avalanche Bulls Are Just Getting Started
AVAX price rallied over 50% and climbed above $22.50. The price might correct lower but there could be more upsides above $25. AVAX
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Sam Bankman-Fried Started Buying Solana's SOL at 20 Cents Using 'Alameda Profits,' He Says at His Trial
"I believed the funds came from Alameda’s operating profits" as well as third-party lenders, he testified Friday at his fraud and conspiracy trial. Source
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Rising Bitcoin (BTC) Dominance Rate Puts Altcoins Rally, Which Started in 2021, At Risk
According to technical analysis by Fairlead Strategies, it’s likely to continue in the coming days, reversing the decline from 60% to 40% seen during the hazy crypto bull market days of March-April 2021. Investors then rotated money from the relatively expensive bitcoin into altcoins, leading to a decline in BTC's
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$50M Web3, Metaverse Venture Fund Started by Futureverse Co-Founders Shara Senderoff, Aaron McDonald
The Born Ready fund will cut checks between $250,000 and $1 million per project, the team told Fortune in an interview. It has already deployed capital into a variety of companies, including high-tech sneaker startup FCTRY Lab, Web3 startup Power’d Digital, and blockchain gaming companies Polemos and Walker Labs. Born
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FTX Dubai Never Started Operations and Should be Dismissed From U.S. Bankruptcy, FTX Argues
The estate argues that any court orders while FTX Dubai was part of the proceedings should stand, but that the dismissal requested "is necessary" to protect the debtors and authorize them to, for instance, pay pre-bankruptcy wages and salaries, along with other compensation, benefits and expenses to Dubai employees. Source
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The SEC Has Started an All-In Political Battle Over Crypto
A draft bill that will soon come before the House sets parameters for how to classify digital assets and circumscribes the SEC’s powers of interpretation of crypto within existing securities law, curtailing its capacity to launch these kinds of enforcement actions. It is co-sponsored by Rep. Patrick McHenry (R-N.C.), the
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SEC’s Binance.US Probe Started in 2020, Court Filings Show
The securities regulator detailed evidence of hundreds of millions of dollars in profiteering by the crypto exchange as they seek to freeze assets of the company. Original Source
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China national blockchain research center started in Beijing
China’s national blockchain research center, which began operation on Wednesday, plans to train at least 500,000 blockchain professionals for China’s Web 3.0 industry. It will work with universities, research institutions and enterprises in conducting the training to support the country’s digital economy. See related article: How Web3 in China is taking
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Fight between crypto and governments “just getting started”, says ShapeShift CEO
Despite the unprecedented regulatory pressure that crypto has been facing recently in the United States, the fight between the American government and the crypto industry has just started, believes ShapeShift CEO Erik Voorhees. According to the entrepreneur, U.S. authorities still don’t see crypto as an existential threat to the fiat system,
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