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Monthly archives: May 2023
Bankrupt lender BlockFi to liquidate lending platform
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Derivatives at US banks have grown 2,098% in last two decades
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Alternative to ERC-4337 proposes stateless account abstraction
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Lido rallies 12% as it enables staked Ethereum withdrawals
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Amid ‘Regulatory Apparatus’ Against Crypto, Paul Tudor Jones Maintains Bitcoin Allocation
In a recent interview, the renowned investor Paul Tudor Jones expressed his perspective on bitcoin, acknowledging that there might be regulatory challenges ahead. However, Jones emphasized his unwavering commitment to the dominant cryptocurrency, affirming that he maintains “a small diversification” in his investment portfolio and always will. Paul Tudor Jones on Bitcoin: ‘I’m Sticking With …
Bitcoin Price Outlook for May
Midway through May and bitcoin has mostly fallen lower, as markets digested several key pieces of economic data. The headline was another rate hike by the Federal Reserve, which came as U.S. non-farm payrolls rose marginally higher than expected. Heading into the last fortnight of the month, could bulls be on the brink of returning? …
Inflation and Anguish: Outraged Lebanese Depositors Continue to Riot Against Financial Institutions
Amid Lebanon’s financial crisis, significant demonstrations have erupted in Beirut targeting financial institutions. Outraged Lebanese depositors, witnessing their savings vanish, have resorted to smashing bank windows, setting fires, and engaging in riots. Simultaneously, leaders of Lebanon’s central bank face grave allegations of fraud, embezzlement, and political corruption. Lebanese Citizens Left Penniless as Financial Institutions Crumble …
Community-Driven Blockchain Platform Parex Raises US$ 6․5 Million
press release PRESS RELEASE. Parex has successfully developed a community-driven DAO ecosystem through its ParexChain, Parex Wallet, RaccoonSwap, Exchange, and other decentralized applications. The company has secured US$ 6.5 million in a new investment round. The funding was provided by DWF Labs that invested US$ 3 million, and Bitgert Ventures, the investment arm of the …
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Bitcoin (BTC) Going Straight to All-Time Highs This Year, Says Popular Crypto Analyst
A popular crypto analyst is reaffirming an unpopular stance that Bitcoin (BTC) is about to break new highs this year, despite the recent rejection from $30,000. The pseudonymous analyst known as Credible tells his 340,000 Twitter followers that while liquidity gaps often get filled for many financial assets, it’s not a concrete rule. He says …
Institutional Investors Sell-Off Bitcoin (BTC) for Fourth Week in a Row: CoinShares
Digital assets manager CoinShares says institutional investors continue to have a bearish sentiment about the market as crypto suffers major outflows for the fourth week in a row. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional investors sold off $54 million in crypto holdings last week for a fourth consecutive week …
SEC Commissioner Issues Warning, Says US About To Fall Behind Europe and UK in Crypto Industry: Report
A Commissioner of the U.S. Securities and Exchange Commission (SEC) is reportedly warning that the US risks lagging behind the EU and UK in terms of creating clear crypto regulations. According to a new report by the Financial Times, SEC Commissioner Hester Peirce says that the frameworks created by Brussels and London could serve as …
Oregon Democrats Attempt To Conceal FTX Donation, No Charges Filed by Election Officials: Report
It has been discovered that the Democratic Party of Oregon (DPO) inaccurately reported the origin of a $500,000 donation from Nishad Singh, a previous executive at cryptocurrency company FTX. A new report reveals that although the party initially stated that Singh had made the donation himself, it later disclosed that the funds actually came from FTX, Singh’s …
This Bitcoin options strategy allows early bird traders to prepare for BTC’s next breakout
Crypto traders expecting a price reversal could use this options strategy to get positioned in Bitcoin. Market Analysis Join us on social networks Bitcoin’s price broke below its 55-day resistance at $27,000 on May 12, down 12.3% in 30 days. But more importantly, it decoupled from the S&P 500 Index, which is basically flat from …
Amazon is hiring AI engineers to build a ChatGPT-like search interface
A pair of postings on Amazon’s jobs website indicates the company is planning to implement advanced AI search features in its online web store. News Join us on social networks Amazon is preparing to develop and implement a new “search” functionality for its online web store featuring a ChatGPT-like interface. A pair of job postings …
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