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jodie6dala

@jodie6dala

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jodie6dala
@jodie6dala
Gained some weight. Starting my diet today. Eating less.
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@jodie6dala
Guess the party’s upgrading from 2005 to 2004 tonight… 🎵
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@jodie6dala
Some prominent crypto community figures like Tron founder Justin Sun have claimed that memecoins are the future of crypto, but called for investors to focus on well-established memecoins like DOGE.
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The Official Trump memecoin is currently the fourth-largest memecoin with a market cap of $2.6 billion.
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It added that memecoin buyers and holders wouldn’t be protected by US securities laws but said the fraudulent offer and sale of memecoins “may be subject to enforcement action or prosecution by other federal or state agencies.”
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According to Chainalysis, crypto payments in Singapore reached nearly $1 billion in the second quarter of 2024 alone, underscoring the rise of crypto adoption among the population.
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Many believed capitalism would be a force for innovation and personal freedom. But let’s be honest, it hasn’t lived up to the hype lately. The big fish in every industry keep gobbling up the little fish, and they’ve got the political clout to set the game board however they like.
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The task force was announced by Commissioner Mark Uyeda, who is serving as acting SEC chairman until the US Senate confirms the nomination of former SEC Commissioner Paul Atkins to serve the remainder of former Chair Gensler’s term.
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@jodie6dala
Bitcoin, memecoins and the future of the cryptocurrency industry sparked intense debate at the 2025 edition of the World Economic Forum in Davos, Switzerland, as US President Donald Trump marked his return to the Oval Office.
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“The Task Force’s focus will be to help the Commission draw clear regulatory lines, provide realistic paths to registration, craft sensible disclosure frameworks, and deploy enforcement resources judiciously,” said the financial watchdog in a statement.
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During the sole cryptocurrency-themed session at this year’s forum, industry leaders painted an optimistic outlook for the sector in the US despite the memecoin-driven frenzy centered around the launch of the Official Trump (TRUMP) token.
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“I don’t think it undermined anything with the strategic Bitcoin reserve. That effort is still alive and well. Cynthia Lummis in the Senate in the US is really pushing that idea,” Armstrong said.
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The idea of establishing a Bitcoin reserve was touted by the likes of Lummis, Trump and MicroStrategy founder Michael Saylor during the Bitcoin 2024 conference in Nashville, Tennessee.
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Armstrong elaborated on the proposal for delegates at the WEF session.
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“There is a proposal for the US government to start to hold Bitcoin. Like many countries, the US government holds reserves in various assets like gold, oil or rare minerals like palladium,” he said, adding:
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Lesetja Kganyago, governor of the South African Reserve Bank, was the only non-crypto panelist.
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Kganyago said it was unlikely that South Africa would follow suit if the US were to begin stockpiling Bitcoin and questioned the merits of such a decision.
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DOGE has added more than 30 affiliate pages on X as it widens the scope of its cash-cutting crusade to multiple federal agencies. One of those affiliates is DOGE SEC, which posted a call to action on Feb. 17 stating, “DOGE is seeking help from the public!”
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“Please DM this account with insights on finding and fixing waste, fraud, and abuse relating to the Securities and Exchange Commission,” it added.
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Musk has repeatedly battled with the regulator, including in a recent lawsuit where the SEC alleged Musk underpaid Twitter stock investors by over $150 million.
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