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Stocks & Crypto Coins Updates

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@Coins

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Forwarded from Bitcoins
2017: Credit Suisse CEO Tidjane Thiam is skeptical about Bitcoin saying $BTC is "the very definition of speculation and the very definition of a bubble" + "a currency with anti-money laundering challenges".

2023: Credit Suisse is struggling and will be acquired by UBS; besides, more than 130 U.S. banks are actively involved in crypto.

Seems like Thiam doesn't really know the definition of a bubble 😏

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Russia to use Chinese yuan instead of US dollars to settle trade with Asia, Africa, and Latin America.

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Magic Eden launches Bitcoin Marketplace for NFTs.

https://twitter.com/MagicEden/status/1638239443172859905

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Sushi and Head Chef Jared Grey were recently served with an SEC Subpoena, seeking $3M USDT legal defense fund.

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It's Fed Day. The all-important rate decision is due at 2 p.m. ET, followed by Chairman Jerome Powell's press conference.

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Today, the Fed has to choose between inflation and the regional bank crisis.

On one hand, inflation has been above 5% for 22 months.

On the other hand, the collapse of regional banks began with rapidly rising rates.

Meanwhile, inflation is still at 6%.

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Telegram users can now send USDT to each other in chat. USDT has been added to Telegram's wallet bot. Bitcoin and TON were added to wallet bot last year.

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Forwarded from Bitcoins
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Now, we've seen everything 😆

Tim Draper concluded his speech at Paris Blockchain Week 2023 with a song he wrote.

It touched on Satoshi, Bitcoin, banks, governments and the want for a new world order.

@bitcoins
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Federal Reserve raises interest rates by 25bps. 🇺🇸

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The Avalanche C chain has stopped producing blocks for an hour and has not yet recovered. The Avalanche blockchain browser shows that the latest block time is 7:26 UTC+8, and the block height is 27788298.

Ava Labs co-founder: Network been unstable for a bit over an hour. It was a bug with v1.9.12. Fix was just released. If you're an Avalanche validator please upgrade to v.1.9.14 ASAP.

Korean exchanges Upbit Bithumb and others have stated that due to Avalanche (AVAX) network problems, Avalanche (AVAX) deposit and withdrawal services have been suspended.

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📈 Bank of England rate decision at 8 a.m. ET.

📊 U.S. initial jobless claims at 8:30 a.m. ET.

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Vite DAO: Vitelabs has announced that they are transforming into a DAO, making it even more decentralized and in line with #web3 values. Asynchronous architecture is a fundamental part of the Vite blockchain network, enabling efficient and scalable execution of smart contracts.

Vite Ecosystem:

Vite Labs was the genesis team and development group behind the Vite network — the blockchain layer-one (L1) that supports smart contracts and cryptoassets.

Vite DAO includes the group that was called Vite Labs, as well as contributors around the world. Vite is grateful for its community members, who have been loyal and helpful in this way for years.

ViteX is a decentralized exchange (DEX), formerly cultivated by Vite Labs as its flagship decentralized application (dApp). ViteX is decentralizing through ViteX DAO.

https://medium.com/vitelabs/vite-dao-26337eef60b4

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Tron Founder Justin Sun Sued by U.S. SEC on Securities, Market Manipulation Charges

The regulator alleged TRX and BTT are unregistered securities, and claimed Sun created an "extensive wash trading" program to boost their trading volume.

The agency is also suing Lindsay Lohan, Jake Paul, Soulja Boy, Lil Yachty, Ne-Yo, Akon and Michele Mason on illegal touting charges for their roles allegedly promoting TRX and BTT without disclosing they were paid to do so. The majority of these celebrities settled the charges.

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Banks Vs Bitcoin

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On a lighter note.

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