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The Benefits of Bitcoin: Insights from Mexican Billionaire Ricardo Salinas

Ricardo Salinas on Bitcoin as a Hedge Against Inflation Tax Mexican billionaire Ricardo Salinas believes that bitcoin offers a unique solution to safeguarding wealth against inflation tax. He emphasizes that people's savings are being eroded without their consent or knowledge. According to Salinas, the debasement of currency is a cunning technique employed by fraudsters to […]

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SEC Drops Lawsuit Against Ripple Executives, All Charges Dismissed — Ripple Calls It ‘a Surrender by SEC’

In a significant development, the U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against Ripple's executives, CEO Brad Garlinghouse and co-founder Chris Larsen. Ripple's chief legal officer stated that the SEC's decision to dismiss all charges against the executives is not a settlement but a surrender on their part. Meme Coin Market Plummets

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Hong Kong Regulators Update Crypto Policy to Protect Retail Investors

Introduction The Hong Kong Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have recently updated their crypto policy in response to industry enquiries. The authorities have introduced additional measures to protect retail investors, particularly by restricting their access to what is considered "complex products" in the virtual asset (VA) market. Background

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Chair Jerome Powell’s Commitment to Curb Inflation: A Deeper Look

Chairman of the Federal Reserve, Jerome Powell, emphasized his commitment to decreasing inflation in a recent address. He also hinted at the possibility of additional increments in interest rates to regulate persistent price pressures. Here, we delve into his speech and its implications on the market. Fed's Tightening Monetary Policy: A Solution to Persistent Inflation?

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The Potential Impact of Rising National Debt on the U.S. Dollar’s Reserve Currency Status

Jeffrey Gundlach, a well-known billionaire and financial expert, has voiced his concerns about the potential jeopardy facing the U.S. dollar's reserve currency status due to the escalating national debt. The future of the U.S. dollar and the possible surge in inflation is largely dependent on the control and management of the budget and spending, warns

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Questionable Ethics of Political Profits from Defense Stocks Amid Global Conflicts

The recent turmoil in Ukraine and Israel has sparked a significant increase in the stocks of defense corporations listed publicly. Concurrently, U.S. officials have endorsed extensive war spending, with evidence pointing to several politicians profiting from investments in defense companies such as Palantir, L3Harris, Lockheed Martin, and Northrop Grumman. Scrutiny of Legislators' Investments in Defense

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The Ups and Downs in the World of Cryptocurrency: Toncoin and Cardano

Cryptocurrency, a digital asset used as a medium of exchange, continues to make waves in the finance world. Among the many cryptocurrencies available today, Toncoin and Cardano stand out due to their noteworthy market movements. Toncoin's Bullish Momentum Recent market activity has seen Toncoin, a popular cryptocurrency, attaining a significant upswing for three consecutive days.

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Introducing the Beta Version of Netmind Power for Decentralized Machine Learning by NetMind AI

NetMind AI, an AI-centric technology start-up, has unveiled the Beta version of Netmind Power. This decentralized platform is designed to aid machine learning (ML) researchers and practitioners in training and fine-tuning ML models. It does so by harnessing a network of volunteer computing resources from across the globe. For a limited time, the Beta version

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Phony SEC Approval Report Obliterates $71M in Bitcoin Short Positions

An erroneous news story claiming that the U.S Securities and Exchange Commission (SEC) approved Blackrock's Ishares spot bitcoin exchange-traded fund led to $78.92 million in short positions being liquidated. This figure constitutes 57% of the total $136.29 million in short positions eliminated within the last 24 hours. False Report on SEC Ruling Jolts Bitcoin Market,

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Unveiling the 12-Year Journey of Litecoin and the Dominance of Its Top Wallets

The sphere of cryptocurrency has witnessed the steady evolution of Litecoin, often referred to as the 'silver to bitcoin's gold.' Emerged from the proof-of-work blockchain, Litecoin has been forging its path for over 12 years. This article takes a closer look at the top ten influential Litecoin (LTC) wallets among the 7.14 million unique LTC-holding

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