Could Binance be Buying Bitcoin to Protect BNB?
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March 21, 2024
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Binance Faces Scrutiny Over Allegations of Fraud and BTC Manipulation The crypto-exchange giant, Binance, is currently under the spotlight as allegations of potential fraud and Bitcoin (BTC) manipulation surface. Investors and investigators are closely observing Binance, its CEO Changpeng Zhao (CZ), and its native token Binance Coin (BNB) amidst controversy and uncertainty. One intriguing pattern that has emerged is the …
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Ripple CTO Defends Ripple Decision Amid Ongoing Scrutiny
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March 21, 2024
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The recent decision by SDNY District Judge Jed Rakoff has stirred controversy in the crypto world, as it challenges the landmark Ripple decision and blurs the line between institutional and public sales of crypto assets. In the case against Terraform Labs and founder Do Kwon, Judge Rakoff has dismissed the distinction made in the Ripple case and sided with the …
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Nonprofit Launched by Bitcoin Ordinals Team
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March 21, 2024
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Open Ordinals Institute Formed to Support Bitcoin-Based Protocol The team behind the innovative Bitcoin-based protocol, Ordinals, has reached a milestone in its development journey. They recently launched a nonprofit organization called the Open Ordinals Institute to provide crucial support for their groundbreaking protocol. This announcement comes at an opportune time as the platform surpasses 21 million inscriptions. Ordinals, created by …
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Magic Eden hosting Fableborne NFT Sale!
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March 21, 2024
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Fableborne, the highly anticipated NFT game, has recently revealed details about its debut minting process following a successful playtest. With a fantasy setting and RPG-style gameplay, Fableborne introduces its first collection of NFTs called Primordials. These NFTs feature mystical animals in PFP style and are built on the Polygon network. To acquire these unique digital assets, players will have the …
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Potential for XRP ETF Recognized by Former CFTC Attorney
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March 21, 2024
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Former Commodity Futures Trading Commission lawyer, Mike Selig, has brought attention to the case for an XRP exchange-traded fund (ETF) amidst the recent wave of applications for Ethereum ETFs with the U.S. Securities and Exchange Commission (SEC). Selig’s perspective takes into account key regulatory speeches, the SEC FinHub framework, and relevant court decisions pertaining to digital assets. Selig argues that …
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Is SBF Responsible for the Massive Drop of Over 87% in the BALD Memecoin Due to Liquidity Issues?
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March 21, 2024
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The meme cryptocurrency BALD experiences an 87% price drop amid suspicions of a liquidity drain and alleged involvement of prominent crypto figures. Key Points BALD, the meme cryptocurrency, has experienced a significant drop of over 87% in the past 24 hours, causing its value to plummet to around $0.00616 during the early European market on Tuesday. This sudden price decline …
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The Sandbox Metaverse to Introduce Elvis NFT Avatars
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March 21, 2024
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Elvis Presley, the King of Rock ‘n’ Roll, will soon make his entrance into the metaverse with a series of officially licensed NFT avatars. This exciting announcement comes from The Sandbox, which has confirmed the release date for these avatars that celebrate the enduring legacy of the iconic musician. The collection will feature a total of 3000 avatars, each showcasing …
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The Potential of Cardano NFTs: An Underrated Powerhouse
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March 21, 2024
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Cardano NFTs (CNFTs) have been making waves in the cryptocurrency world, despite being overshadowed by larger chains like Ethereum. While Cardano may have fewer users compared to its competitors, it has managed to generate significant volumes in terms of dollars traded. This is especially impressive considering the lower price per coin on Cardano, which means more sales are needed to …
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Crypto Analyst: XRP Held in Escrow Does Not Belong to Ripple
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March 21, 2024
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Ripple Labs Inc., the company behind the XRP token, has released its Q2 XRP Markets report, disclosing its XRP holdings as of March 31, 2023, and June 30, 2023. In an effort to regain trust within the cryptocurrency community, Ripple has decided to lock back 800 million XRP tokens into escrow after releasing 1 billion XRP. There have been ongoing …
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Market Expects Bullish Rally as Former SDNY Attorney Joins Ripple’s Defense Team in XRP Lawsuit Appeal
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March 21, 2024
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Excitement and anticipation sweep through the XRP community as Ripple, the prominent blockchain technology company, strengthens its legal defense against the United States Securities and Exchange Commission (SEC). With recent changes in legal representation for Ripple Labs and its executives, Brad Garlinghouse and Chris Larsen, the addition of esteemed attorney Douglas Samuel Zolkind brings newfound strength to the defense team. …
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