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njatanad

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Standing motionless by the sea
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Wow, Eric Trump endorsing Bitcoin is massive! Echoes of Elon Musk's impact on Doge. Welcome to the future.
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@njatanad
In the interview with Cointelegraph, Bhaidani pointed to collateral damage FTX had suffered from the $60 billion Terra Luna ecosystem collapse and former FTX US President Brett Harrison leaving before he was bound for a big payout.
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The latest donation by the Ethereum Foundation isn’t the first time Pertsev received financial support from the Ethereum community.
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Kraken’s stablecoin would be pegged to the US dollar, Bloomberg reported on Feb. 20, citing sources familiar with the matter who were not authorized to discuss the topic publicly.
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In the past trading week, Bitcoin ETP inflows tumbled around 19% from inflows during the previous week, totaling $407 million.
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The crypto market rebounded after Trump paused the planned tariffs on Mexico and Canada for 30 days on Feb. 3. However, he hasn’t ruled out reinstating them once the pause is up.
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The news of the fund comes over three months after a regulatory filing revealed that Emory University accumulated over $15 million worth of Bitcoin through Grayscale’s spot Bitcoin exchange-traded fund (ETF), Cointelegraph reported on Oct. 28.
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There were an estimated $100 billion worth of yearly entitlement payments to individuals without a Social Security number or a temporary identity number, which is “extremely suspicious” if proven accurate, wrote Musk in a Feb. 8 X post, adding:
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Up to 20% of Gen Z and Alpha are open to receiving pensions in cryptocurrency, according to a Jan. 16 Bitget Research report shared with Cointelegraph.
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Applauding the Musk-led agency’s progress, Brian Armstrong, Coinbase’s co-founder and CEO, took to social media to call for more transparency around government spending.
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The survey’s findings are a “wake-up call for the financial industry,” according to Gracy Chen, the CEO of Bitget, who stated in the report:
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South Korean lawmaker Kim Nam-kuk has been acquitted of charges related to concealing cryptocurrency holdings. The court ruled that he was not legally required to disclose virtual assets under the country’s laws at the time.
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Elon Musk’s Department of Government Efficiency (DOGE) has saved US taxpayers $36.7 billion, prompting calls from crypto industry leaders for greater transparency in government spending through blockchain technology.
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Siemiatkowski said he had some ideas but asked his followers for their input, prompting responses from some industry executives. The firm processes around $100 billion in trading volume annually.
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Swedish payments giant Klarna Bank AB, which is reportedly planning a US initial public offering this year, plans to “embrace crypto,” according to a Feb. 8 post from its CEO Sebastian Siemiatkowski.
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Last month, Osprey flagged plans with the SEC to convert its Osprey Bitcoin Trust (OBTC) into a spot Bitcoin ETF after a deal to be acquired by rival Bitwise fell through.
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“Rather, Osprey’s claims focus on the extent to which Grayscale’s unfair competition, based on deceptive advertising, diverted market share from Osprey,” the firm’s lawyers wrote.
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Osprey and Grayscale weren’t part of “any ‘securities transaction’ with each other,” it added, and argued its claims aren’t about a securities transaction “being deemed fraudulent, deceptive, or otherwise actionable between the parties to it.”
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“The limited implied exemption from CUTPA for claims based on ‘securities transactions’ has never been applied, as the Decision implicitly applied it here, to claims arising from deceptive advertising between competitors merely because they do business in the securities, asset management, or cryptocurrency industries,” Osprey wrote.
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