Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP “has gone exceedingly well.” He stressed: “This case is important, not just for Ripple, it’s important for the entire crypto industry in the United States.”
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📍Short term trade 7 - 14 days
High risk
ALGO/USDT
Buy between 0.72 - 0.73
Profit Targets - 0.82 - 0.95 - 1.05
Stop below – 0.66
DYOR
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Cardano Founder Wants to Build Decentralized Twitter with Elon Musk
Input Output CEO Charles Hoskinson wants Cardano to be Elon Musk’s Plan B if his bid to buy Twitter fails
Cardano founder Charles Hoskinson has proposed creating a new decentralized social media platform from scratch together with Tesla Elon Musk in case the centibillionaire’s audacious attempt to take over Twitter fails.
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📍Short term trade 7 - 14 days
High risk
OGN/USDT
Buy between 0.53 - 0.54
Profit Targets - 0.6 - 0.65 - 0.71
Stop below – 0.5
DYOR
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$BTC whales and small fish hodlings are up at the same time
We haven't seen that in a while 📈🧐
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Apple stock jumps after CEO reveals it's investing in the Metaverse
Time Cook said in an investors call that Metaverse applications have a lot of potential and that his company is investing in AR developments on its devices.
Apple's stock price jumped in after hours trading after CEO Tim Cook said during the company’s Q1 2022 earnings call that he sees considerable potential in the Metaverse space.
When asked on Jan. 27 during the call about Apple’s opportunities within the Metaverse, Cook responded “we see a lot of potential in this space and are investing accordingly.”
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Putin Wants to Tax Cryptocurrency Mining, Not Ban It
Bloomberg today reported that Putin wants to "tax and regulate" cryptocurrency mining rather than banning the practice. "We also have certain competitive advantages here, especially in the so-called mining," Putin reportedly said. "I mean the surplus of electricity and well-trained personnel available in the country."
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America’s Five Star Bank Is Now Allowing Its Clients to Buy, Sell, and Hold Bitcoin
On Tuesday, Five Star Bank, which is a subsidiary of Financial Institutions, announced a new partnership with NYDIG, through which it will “become one of the first financial institutions in the U.S. to enable its banking clients to securely buy, sell and hold bitcoin.”
Five Star Bank is “a $5 billion community bank offering a wide range of consumer and commercial banking and lending services to individuals, municipalities, and businesses through a network of approximately 50 locations.”
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From avoiding FOMO to having a plan, 5 key ways to manage a crypto down cycle
How to minimize your losses (and even make savvy moves) during a falling market.
1 - Don’t fall prey to FOMO and FUD.
2 - Set clear goals, diversify, and only trade within your means.
3 - HODLing and long-term thinking.
4 - Be ready to ride out the dip or take profits.
5 - See the opportunities.
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This is why a 20k BTC is on the table
Every time the price pierced through the blue line it went to the orange line at the bottom
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7 Things You Should Know About the Biden Administration’s Upcoming Crypto Executive Order
According to a Bloomberg report, President Joe Biden’s administration is currently preparing an executive order on crypto to oversee how the nascent asset class will be regulated.
Cryptocurrency regulation has been an essential topic of discussion in recent times. Many traditional financial experts have called for general regulation to curtail the risks posed by this nascent asset class and explore its opportunities.
You should know seven critical things about the upcoming Joe Biden executive order on cryptocurrencies.
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IMF urged El Salvador to remove bitcoin's legal tender status
NEW YORK, Jan 25 (Reuters) - The International Monetary Fund’s board “urged” El Salvador to do away with its move to make bitcoin a legal tender, while calling for strict regulation of the country’s e-wallet.
IMF board members “urged the authorities to narrow the scope of the Bitcoin law by removing bitcoin’s legal tender status,” the IMF said in a statement following a yearly consultation.
Some board members were also concerned about the risks associated with El Salvador’s expected issuance of bitcoin-linked bonds, the IMF said. (Reporting by Rodrigo Campos Editing by Chris Reese)
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YouTube CEO Hints at NFT Integration in Letter to Creators
YouTube CEO Susan Wojcicki has suggested that the company is considering the possibility of "expanding" YouTube's offering to include NFTs.
In her annual letter to creators, Wojcicki stated that the platform was interested in "expanding the YouTube ecosystem", and indicated that this expansion could include "things like NFTs."
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📍Short term trade 7 - 14 days
High risk
#ROSE/USDT at (Binance.com)
Buy between 0.314 - 0.315
Profit Targets - 0.34 - 0.38 - 0.41
Stop below – 0.28
DYOR
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MicroStrategy CEO Michael Saylor Explains Why Crypto Market Is Down
In a recent interview, Michael J. Saylor, Co-Founder, Chairman, and CEO of Nasdaq-listed business intelligence company MicroStrategy Inc. (NASDAQ: MSTR), gave two reasons for the current downturn in the crypto market.
Saylor said at the time:
“Our decision to invest in Bitcoin at this time was driven in part by a confluence of macro factors affecting the economic and business landscape that we believe is creating long-term risks for our corporate treasury program ― risks that should be addressed proactively.“
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Bitcoin Exchange Outflow Hits Five-Week High
The net amount of Bitcoin leaving centralized crypto exchanges reached 25,878 BTC worth around $1.04 billion, on April 14. This is the largest difference between Bitcoin’s outflow and inflow in five weeks, according to data shared by the on-chain and social metrics platform Santiment.
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3 African countries Are Considering To Adopt Cryptocurrency
Cameroon, the Democratic Republic of the Congo (DRC), and the Republic of the Congo are said to be considering implementing cryptocurrency and blockchain technologies powered by The Open Network (TON). Cameroon is also considering releasing a national stablecoin based on the same blockchain network.
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FUN FACT: #Dogecoin is the most popular cryptocurrency in America.
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Amazon CEO: Crypto Will Become Bigger, NFTs Will Grow 'Very Significantly'
The CEO of e-commerce giant Amazon is optimistic about crypto and non-fungible tokens (NFTs). He says that over time crypto will “become bigger” and NFTs will continue to “grow very significantly.”
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Renowned Computer Engineer Cracks Trezor Wallet Containing $2 Million Worth of Crypto
NYC-based entrepreneur Dan Reich has recently regained access to more than $2 million worth of crypto left in a Trezor One hardware wallet with the help of renowned computer engineer and hardware hacker Joe Grand.
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BTW I am using Ledger wallet...
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Rio Official Explains Why City Is Putting 1% of Its Treasury Reserves Into Crypto
By investing 1% of its treasury reserves in crypto, the Brazilian city of Rio de Janeiro seeks to become a global crypto hub and lessen locals' distrust towards cryptocurrencies, Rio de Janeiro's secretary of economic development, Chicão Bulhões, told CoinDesk TV on Thursday.
"We know that [bitcoin] is volatile, that some people criticize us for that, but it is the future, and Rio wants to be a reference for the world as a cryptocurrency-friendly city, like Miami or Zug in Switzerland," Bulhões said.
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📍Short term trade 7 - 14 days
High risk
#CTSI/USDT at (Binance.com)
Buy between 0.45 - 0.45
Profit Targets - 0.5 - 0.55 - 0.59
Stop below – 0.42
DYOR
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Tesla's Latest Financial Statement Shows Bitcoin Worth $1.26 Billion
Elon Musk’s electric car company, Tesla, did not sell any bitcoin in the fourth quarter, according to the company’s latest financial statement. Tesla is holding bitcoin worth $1.26 billion. The company still has not resumed accepting bitcoin payments but now accepts the meme cryptocurrency dogecoin (DOGE) for some merchandise.
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📍Short term trade 7 - 14 days
High risk
#AVAX/USDT at (Binance.com)
Buy between 70 - 70.1
Profit Targets - 78 - 88 - 100
Stop below – 64
DYOR
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Stellar Ready Expecting Smart Contracts Arrival In 2022
Stellar has outlined its vision for 2022 and beyond in a detailed roadmap. With this in mind, Stellar is considering expanding its anchor network and focusing on trust-free innovations while also improving inclusivity and interoperability.
Additionally, it also revealed that Smart Contracts will be added to the ecosystem in 2022.
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McDonald's Responds To Elon Musk: We Will Accept Dogecoin If Tesla Accepts This Cryptocurrency
What Happened: McDonald’s said on Twitter that it will agree to Musk’s request only if Tesla accepts “grimacecoin” — a fake coin depicting the McDonaldland mascot Grimace.
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Hi everyone,
Sharing here my review of one of the up and coming blockchain projects - Helium (HNT).
Fundamental analysis points to Helium having the potential to revolutionize the Telecom market and "stick it to the man" with their project.
Link
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Finally this entity surpassed Saylor:
The 3rd largest Bitcoin whale wallet added another 488 BTC Friday & today at $36.4k for $18M
This wallet bought 16,576 BTC since $69k top, now holds 124,487 BTC with cost basis of $22k per BTC vs 124,391 of Saylor with cost basis of $30k
Follow the whales...
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Grayscale Investments Includes 25 New Cryptos Under Its Radar
Grayscale’s crypto newcomers include a number of DeFi, metaverse and NFT projects such as Axie Infinity, The Sandbox and more.
Some of the digital assets include Algorand (ALGO) and Convex (CVX) for DeFi projects, The Sandbox (SAND), Axie Infinity (AXS) and Enjin (ENJ) for metaverse protocols.
Some of these assets would either join the range of single-asset products like Grayscale Bitcoin Trust or the Grayscale Ethereum Trust, or the multi-asset product Grayscale Digital Large Cap Fund.
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Russia Gets in on the FUD
Rumors in the Western world suggested Russia's Central Bank had called for a blanket Russian ban on crypto. This was mostly not true.
Last week, rumors in the Western world suggested Russia's Central Bank had called for a blanket ban on crypto transactions and mining, while maintaining that holding crypto would remain legal. If crypto holders couldn't dump before the Russian ban, roughly $92B would be locked up.
Early English-language articles noted that Putin disliked the energy usage of crypto because it went against Russia's green initiatives. Putin also noted that criminals use crypto, which he posed as a negative.
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