FTX Money Backed US Lawmakers With Future of Crypto in Their Hands

Many members of Congress with the biggest influence over coming U.S. cryptocurrency legislation received direct contributions from top executives of FTX, leaving them with a complicated political relationship with the crypto industry.

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Investors Pump Money Into Crypto Funds Amid Pickup in Market Sentiment

Bitcoin dominated this week's inflows, accounting for almost all of the $117 million coming in.

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Former Celsius CEO Mashinsky Sued by New York State for Defrauding Investors

New York’s attorney general has sued Alex Mashinsky, the former CEO of Celsius Network, for defrauding hundreds of thousands of investors by making false statements about the condition of the company to encourage money to keep coming in.

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VIDEO: What is happening with Binance? On-chain analysis with Sandra Leow of Nansen

Binance has seen an enormous flood of withdrawals this week, as fear has spread about the health of the exchange in the aftermath of the FTX collapse. This stems from concern about its proof-of-reserves not revealing enough information, as well as the charges surrounding money laundering that are reportedly coming for CEO Changpeng Zhao (CZ).

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All about SBF's "media apology tour" and the importance of the coming week

SBF wishes to launch a new venture to repay investor money  A source claims that SBF lied about not knowing about Alameda's use of cash The founder and former CEO of the insolvent cryptocurThe post All about SBF's "media apology tour" and the importance of the coming week appeared first on AMBCrypto.

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How Artists Can Raise Money for Social Causes With NFTs

From coming up with the idea for your project to fostering community, here's what you need to know.

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Four Signs a Digital Dollar Is Coming (and Why You Should Care)

Introducing a “digital dollar” central bank digital currency would radically change how the world interacts with money, and based on recent developments, the U.S. seems to be open to the...

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Crypto startup to save iconic fiat money sculpture with 1M euros in funding

The crypto industry is coming to save the troubled “Euro-Skulptur” monument in Frankfurt after traditional banks refused to support the symbol of eurozone decision-making.

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Hoskinson anticipates flood of VC money coming for Cardano by 2024

During Mainnet 2022, in New York, Hoskinson talked about things people get wrong with Cardano. The post Hoskinson anticipates flood of VC money coming for Cardano by 2024 appeared first on CryptoSlate.

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Ava Labs President John Wu: Money will soon flow from stablecoins into Bitcoin

Ava Labs President John Wu believes the crypto market could see fresh upside pressure even if central bank interest rates go higher and stay elevated over coming months. He also says a lot of the money “hidden” in stablecoins as crypto prices crashed will soon be deployed back into the market.

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Jim Cramer says bull market may return soon but full recovery for Bitcoin years off

CNBC’s Mad Money host Jim Cramer said a short bull sentiment might arise in the coming months if six things happen. The post Jim Cramer says bull market may return soon but full recovery for Bitcoin years off appeared first on CryptoSlate.

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Had Cardano whales already predicted April's 30% dip? Data reveals...

Cardano’s snags do not seem to be coming to an end soon. Ever since the altcoin rallied back in March, it was expected to draw in more investors and money as the market entered the second quarter.

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What determines whether you’ll hang onto your crypto wealth and sanity?

Sudden Wealth Syndrome (SWS) refers to a type of psychological distress that arises from abruptly coming into large sums of money. The post What determines whether you’ll hang onto your crypto wealth and sanity? appeared first on CryptoSlate.

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NFT Emotes are Coming to Decentraland—Get the First Ones at MVFW!

The first NFT emotes to be released into the wild will be given away for free, first come, first serve, at a special statue in the new Luxury District. To claim an NFT emote you must spam the ‘Money’ emote in front of the statue until the progress bar at the bottom of the the […] The post NFT Emotes are Coming to Decentraland—Get the First Ones at MVFW! appeared first on NFT News Today.

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Bitcoin Rally Fails To Rouse Traders As Funding Rates Remain Flat

Bitcoin’s recent rally is still lingering in the market. This new break above $44k has done a lot to boost morale in the market. The number of long-term holders is on the rise and more money is coming into the market.

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Bitcoin’s Volatility Will Continue To Rise But It Won’t Be Its Demise, Says FTX US President

Brett Harrison reveals that VCs remain interested in the crypto space and new companies are coming into the space.   He expects volatility to continue till there is more institutional money. Bitcoin has lost about 45% of its value compared to its all-time high.

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CNBC’s Jim Cramer Boldly Calls Dogecoin A Security; Warns Investors To Treat DOGE With Extreme Caution

The host of CNBC’s Mad Money show, Jim Cramer, has issued a public caution against Dogecoin investments. Cramer asserts the day of reckoning is coming for DOGE, which he believes is an unregistered security.

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The Growing Need For Digital Asset Security

Institutional money is coming to the crypto space, and Bitcoin, Ethereum, Cardano, and most cryptocurrencies are more accessible than ever. However, the amount of money flowing in through new channels creates some issues.

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Get Ready! An Extra Signal Drop and Bonuses Are Coming at StormGain on Black Friday

Black Friday is almost upon us, and the world is preparing to snap up bargains during the year’s biggest shopping holiday. But Black Friday isn’t just a time to save money. At StormGain it’s also a time to make money.

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Finance Redefined: Acala wins Polkadot parachain, and Iota set to launch Shimmer, Nov. 12–19

Acala was victorious in Polkadot’s first parachain auction, Iota announced its staking network and Uniswap liquidity providers lose money — all coming to you in this week’s Finance Redefined.

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Crypto lending firms on the hot seat: New regulations are coming?

The sheer amount of money invested in the crypto space is causing regulatory dialog to occur at a frenetic pace as regulators struggle to keep pace.

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Protests Break Out at Ping An Bank

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Play To Earn & The New Leisure Economy – What are the Options?

In recent times, those in the DeFi and metaverse space have encountered yet another way in which ordinary people can earn considerable amounts of money on the blockchain. Coming in the form of play-to-earn communities, platforms such as Yield Guild Games (YGG) and UniX are early adopters of ecosystems that provide gamers in developing countries with these financial opportunities.

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How Futures Traders Could See The Bitcoin Selloff Coming

Part of what is so special about Bitcoin is the fact that is it inclusive to all, and never in the past required the participation of “smart money” and institutional traders. But to become a multi-trillion dollar asset as it is destined to, bigger players had to get involved to take things to the next level.

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Additional Money Is Coming into Bitcoin as Capitulation Period Ends and Hash Rate Climbs to Early June Level

Breaking above $50k, Bitcoin price has recovered from the $29,760 low in July. As of writing, BTC/USD is trading around $47,500, about 26.7% down from its peak four months back. Just like price, other data metrics suggest that the leading cryptocurrency is on a path to recovery after the market-wide sell-off just three months ago […] The post Additional Money Is Coming into Bitcoin as Capitulation Period Ends and Hash Rate Climbs to Early June Level first appeared on BitcoinExchangeGuide.

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JPMorgan Remains ‘Bearish’ as it Refuses to “Abandon Negative Outlook,” Calling for $25k

Despite the price of Bitcoin sliding under $29,000 earlier this week, it continues to trade in the $30k-$40k range. While money continues to flow into the market and China’s crackdown on crypto mining and trading seems to be coming to an end, especially with less than a week left for the politically sensitive 100th anniversary […] The post JPMorgan Remains ‘Bearish’ as it Refuses to “Abandon Negative Outlook,” Calling for k first appeared on BitcoinExchangeGuide.

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Miami stakes the claim to become the world’s Bitcoin and crypto capital

Miami has a dynamic mayor, lots of VC money and is coming off the largest ever crypto extravaganza, but is that enough without legal clarity?

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‘Nothing has Really Changed’ in the Crypto Market, Despite the Weak Price Action

Money and bullish news continue to flow into the Bitcoin market, with more to “start coming in early next month.” The post ‘Nothing has Really Changed’ in the Crypto Market, Despite the Weak Price Action first appeared on BitcoinExchangeGuide.

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U.S. Federal Reserve says digital currencies can ‘coexist’ with cash

Jerome Powell, head of the US Federal Reserve, said state-backed digital currencies and official Central Bank Digital Currencies (CBDCs) can function alongside fiat money in the coming years, as per a report on business outlet Bloomberg on Thursday.

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Vitalik Buterin: EIP1559 Will Make Ether “Ultrasound Money,” Scaling is “Coming Very Soon” too

Ethereum co-founder isn’t concerned at all about the chain split due to the proposal. Also, a PoS chain is already here and running; it just doesn’t have sharding because the priority is currently the merge.

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Much fun, no work: DOGE must ditch meme status to be valued as money

Doge reaching $1 is practically impossible unless the currency witnesses some Bitcoin-level buy-ins in the coming future.

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Asset Manager Stone Ridge’s NYDIG Sees Wall of Money Coming Into Bitcoin — Institutions Grow Beyond Owning BTC

The founder of Stone Ridge Asset Management and the New York Digital Investment Group (NYDIG) sees a “wall of money” coming into bitcoin based on his firm’s order book. The executive believes that institutions are just getting started and we will see an explosion of bitcoin-focused traditional financial products within a year. NYDIG Bullish on […]

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Should you buy Dogecoin now? DOGE surges 900%

Dogecoin is in the centre of attention of the financial and crypto sectors as the r/WallStreetBets subreddit started pouring money into it. All it took was a few questions about the cryptocurrency coming from the “Chairman of WallStreetBets” to push DOGE into a skyrocket that ultimately pushed its price up close to 900%.

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First Mover: Biden’s $1.9T Plan Shows ‘Blue Wave’ Bitcoiners Saw Coming

The Federal Reserve might need to print money to help finance Biden's coronavirus relief proposal, to keep Treasury bond interest rates from climbing.

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Wall Street fund manager that called for $400,000 Bitcoin tells followers to “take money off the table”

In 2018, the reoccurring “meme” in crypto space was that institutions were coming to accumulate Bitcoin, to save the then-volatile market and set it on a path of growth. The post Wall Street fund manager that called for $400,000 Bitcoin tells followers to “take money off the table” appeared first on CryptoSlate.

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‘Rich Dad Poor Dad’ Author Says Bitcoin Is Heading To $50,000 In 2021 — Here’s Why

The bitcoin price will clock $50,000 in 2021, according to Robert Kiyosaki, businessman, and author of the best-selling personal finance book “Rich Dad Poor Dad”. In a tweet on December 13, Kiyosaki argued that “a wall of institutional money” coming next year will drive BTC higher.

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“Obscenely Bullish,” Not Just Fast Money, But Real Money Buying Bitcoin Now

After a bout of volatility in the markets last week, investors and traders are back for another round. Monday saw them coming back with an appetite for risk assets and technology as Bitcoin led its peers, climbing just shy of $19,600, “as the bullishness in this particular market has resumed with a vengeance,” wrote analyst […] The post “Obscenely Bullish,” Not Just Fast Money, But Real Money Buying Bitcoin Now first appeared on BitcoinExchangeGuide.

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JPMorgan: Bitcoin’s Rise Coming at Gold’s Expense; BTC Price Overshot, Bullion Due for Recovery

JPMorgan Chase says the rise of digital assets could make gold suffer. While money poured into Bitcoin in October, gold saw a record amount of outflows. According to the bank’s quantitative strategists, including Nikolaos Panigirtzoglou, this trend is only going to continue in the long run as more institutional investors take a position in the […] The post JPMorgan: Bitcoin’s Rise Coming at Gold’s Expense; BTC Price Overshot, Bullion Due for Recovery first appeared on BitcoinExchangeGuide.

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Lyn Alden on Money Printing, Bitcoin and the End of an 80-Year Debt Cycle

One of the sharpest analysts in macroeconomics looks at how monetary and fiscal policy are likely to change in the coming years.

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Top Investors Bet $1M That Bitcoin Stock-to-Flow Model Won’t Become A Reality

A price-forecasting scarcity model that puts bitcoin at $288,000 by 2024 will not hold up in the coming years, according to two crypto hedge fund chiefs who are willing to put their money where their mouth is and make a $1 million bet.

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‘Enormous Wall of Money’ Coming Into Bitcoin, Price to Reach $1 Million in 5 Years, Says Raoul Pal

Macro strategist Raoul Pal says the price of bitcoin will reach $1 million in five years. He attributes the price increase to adoption by large pools of investors and the “enormous wall of money” coming into bitcoin, rather than because “the world is collapsing.

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Bitcoin Analyst Sees “Accumulation Signals” as Price Eyes Breakout

The Bitcoin price expects to grow higher in the coming sessions as a historically accurate indicator flashes signs of substantial accumulation. Spotted by TradingShot, an independent market analysis portal, the “on-chain smart money indicator” shows that influential traders/investors are buying Bitcoin en masse.

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Tons Of Great Litecoin News Prove The Silver To Bitcoin’s Gold Is Far From Being “Boring”

For Charlie Lee, Litecoin’s ‘boringness’ makes the cryptocurrency better because money is ultimately boring. However, the number of news coming out of what was once the 3rd largest cryptocurrency by market cap could mean the days of Litecoin being monotonous is now over.

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Economist On DeFi: Crypto Insiders Aware Tokens Are Worthless, Speculate Anyway

The crypto market has taken a strange turn in recent weeks. What started out as a perfectly sustainable trend of rapidly growing DeFi projects, has turned into a weird world of worthless assets. Rather than new money coming in, as one economist points out, it is crypto insiders who know better that are buying these […]

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This Smart Money Indicator Uncovers Early Signs Of An Ethereum Reversal

Ethereum has been leading the cryptocurrency market higher, helping to push Bitcoin through $10,000 and restart the overall market bull run. But before new highs are set, the smart money indicator is hinting that a strong reversal is coming, and already may be underway.

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The Onecoin Debacle: Indictments Unsealed, 2 Dead in Mexico, Story Gets ‘Darker’

The Onecoin fiasco is still making headlines these days as a number of alleged money laundering companies were exposed on July 25, two Onecoin leaders were recently killed in Mexico, and the British author Jamie Bartlett revealed a new “Missing Cryptoqueen” episode is coming soon.

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Digital Trust: from Stars to Token

What makes you trust the person who you’ve just bought your gaming PC from? Is it safe for you to go on a ride with this random driver? How can you be sure you’ll receive your money from the vintage sneakers you sold yesterday? Does the apartment you’ve finally booked for your coming holidays – […]

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How a Fragile Monetary System Could Influence Bitcoin in the Coming Months

The economic events seen throughout 2020 have helped Bitcoin secure its position as both a currency and a store of value. To thwart the effects of immense economic turbulence resulting from the ongoing pandemic, central banks across the globe have been printing money at an unprecedented pace.

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U.S. Authorities Mull Using DLT to Ease Delivery of Stimulus Checks 

The White House and congressional leaders are putting preparations in top gear to dish out another round of COVID-19 stimulus money to citizens in the coming weeks. Some politicians, including Congressman Tom Emmer, has urged the authorities to tap blockchain technology to ensure more frictionless stimulus package disbursement to the unbanked as well as thoseRead MoreRead More.

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