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Sep 16 2024POLITICS

The Emperor's New Clothes: How Crypto's Desperate Attempt to Influence Politics Reveals Its Flawed Foundations

The crypto industry's influence on campaign finance is a shocking phenomenon. Despite being an industry that has largely failed to find legitimate applications for its products, it has managed to spend lavishly on political campaigns and influence policy-making. At first glance, this might seem surp

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Sep 16 2024BUSINESS

The Crypto Crisis: Coinbase's Worst Week of the Year and the Uncertain Future of the Industry

Cryptocurrency exchange Coinbase has just experienced its worst week of the year, with the value of its shares plummeting by 20%. This decline is part of a broader trend in the crypto market, which has seen a significant downturn in recent weeks. What's behind this sudden drop in value? Is it a sign

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Sep 16 2024FINANCE

Will Bitcoin Soar to New Heights if Trump Wins the Election?

As the 2024 presidential election approaches, the cryptocurrency market is abuzz with speculation about the potential impact of a Trump victory on the price of Bitcoin. Analysts at Bernstein have predicted that if Donald Trump wins, Bitcoin could reach a staggering $80,000 to $90,000 by December. Bu

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Sep 16 2024BUSINESS

Regulation Unlocked: Can Clear Crypto Laws Unlock a Flood of Capital?

The CEO of Coinbase Global, Brian Armstrong, recently emphasized the need for clear regulation in the crypto universe. He believes that such legislation would provide a level playing field, subsequently attracting a massive influx of capital into the crypto space. Armstrong's assertion is that the U

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Sep 16 2024FINANCE

The Crypto Scam Epidemic: How Older Americans Are Falling Victim to $5. 6 Billion in Losses

The FBI's 2023 Cryptocurrency Fraud Report reveals a staggering $5.6 billion in reported losses to cryptocurrency scams, with older Americans bearing the brunt of the damage. The majority of these scams, a whopping 53% increase from 2022, are pig butchering scams, where fraudsters build fake relatio

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Sep 16 2024POLITICS

Debunking the Digital Dream: How a Presidential Debate Sent Crypto Stocks Plummeting

In the world of cryptocurrency, the stakes are always high, and the market is always watching for any signs of turbulence. But when Vice President Kamala Harris delivered a strong performance in the recent presidential debate, it sent shockwaves through the crypto community. The market reacted swift

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Sep 16 2024FINANCE

Will Bitcoin Hit Six Figures Regardless of Election Results?

The debate surrounding Bitcoin's future is often shrouded in partisan sentiment, with many crypto investors and experts weighing in on the potential impact of the upcoming US presidential election on the cryptocurrency's price. However, despite the heated rhetoric, it's crucial to separate fact from

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Sep 15 2024BUSINESS

Morgan Stanley's Game-Changing Move: The Rise of Bitcoin ETFs

The world of finance is abuzz with the news that Morgan Stanley, one of the largest wealth management firms, is now allowing its 15,000 financial advisors to offer bitcoin ETFs to select clients. This move marks a significant shift in the adoption of bitcoin by mainstream finance, and raises importa

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Sep 13 2024POLITICS

Trump's Cryptocurrency Ambitions: A Recipe for Conflict of Interest?

In the final stretch of his 2024 presidential campaign, Donald Trump is set to launch his sons' cryptocurrency business, World Liberty Financial, on Monday. This speech comes just 50 days before Election Day, raising concerns about the former president's penchant for mixing his personal and politica

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Sep 12 2024POLITICS

Markets Give Kamala Harris the Upper Hand in Presidential Debate

What if the market's reaction to the debate is more about sentiment than substance? Has the analyst's assumption that markets are accurately predicting the election outcome been tested? Or is it just a fleeting reaction to a momentary shift in perceived probability? As the dust settles on Tuesday's

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