CRYPTO

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Oct 07 2024POLITICS

Trump Wants to Boost US Crypto Industry

Former President Donald Trump, who was previously critical of cryptocurrencies, seems to be changing his tune. With the Biden administration focusing on protecting Americans from crypto scams and preventing digital currencies from funding crime, some crypto backers are feeling uneasy. They're lookin

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Oct 07 2024FINANCE

Crypto Exchanges to Share Trade Info with IRS by 2026

Starting in 2026, the Treasury Department in the U.S. will make it mandatory for crypto exchanges like Coinbase to disclose the details of user transactions to the Internal Revenue Service (IRS). This move is aimed at reducing tax evasion through cryptocurrencies. Think of it like a report card that

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Oct 06 2024POLITICS

Trump’s New Crypto Vision: A Bold Plan for the U. S. ?

Imagine a future where Bitcoin is as essential to the U.S. as steel once was. That's what former President Donald Trump suggested at a recent Bitcoin conference in Nashville. He believes that the country should lead the crypto game and not just keep up with China. One of his plans, if reelected, wou

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Oct 06 2024FINANCE

What Trump’s Crypto Comments Mean for Bitcoin Prices

Over the weekend, former President Donald Trump made a splash in the crypto world by promising to make the US a "bitcoin superpower" if he wins the November election. This news sent Bitcoin prices soaring on Monday morning, reaching their highest point since mid-June before settling back down later

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Oct 06 2024FINANCE

Stock Shifts on Monday: A Look at the Big Movers

On Monday morning, stock futures saw a slight rise as investors waited for big earnings reports from major companies later in the week. Let's dive into which stocks made the biggest moves of the day. NewAmsterdam Pharma Company (NASDAQ: NAMS) jumped over 15% ahead of their conference call. This cal

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Oct 06 2024POLITICS

Trump's U-Turn on Crypto: What Changed?

Former President Donald Trump surprised everyone at the recent Bitcoin 2024 Conference in Nashville. He spoke about his new love for crypto and why it's crucial for America to lead in this area. This is a big shift from his earlier views on digital currencies. When he was in office, he didn’t see ey

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Oct 06 2024POLITICS

Crypto's New Champion: Trump Joins Bitcoin Conference

Former President Donald Trump surprised many by appearing at the Bitcoin 2024 Conference in Nashville. He talked about how important it is for America to be a leader in crypto, not just because other countries are doing it, but also because it's a matter of freedom and independence from government c

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Oct 06 2024CRIME

A Surprising Pair: Diddy and Sam Bankman-Fried Share a Cell in Brooklyn Jail

In the Metropolitan Detention Center of Brooklyn, two notable figures are sharing a dormitory-style room. The rapper Sean Combs, known as Diddy, has been denied bail on serious charges like sex trafficking and racketeering. He's been there for almost a week. His new roommate is Sam Bankman-Fried, th

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Oct 06 2024CRIME

Two Big Names, One Jail: Diddy and SBF Share Time in NYC Lockup

In a twist of fate, two high-profile figures, Sean "Diddy" Combs and Sam Bankman-Fried, are currently sharing space at Brooklyn's Metropolitan Detention Center. Diddy, the music mogul, is facing serious federal charges for racketeering and sex trafficking, while SBF, the former crypto kingpin, was s

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Oct 06 2024FINANCE

Crypto Cash Flows to Trump, Harris Wants In Too

Politicians are now chasing after the crypto industry's money. The 2024 presidential race has seen a surprising twist: the cryptocurrency world is backing Donald Trump with significant Bitcoin donations. Venture capitalists Marc Andreessen and Ben Horowitz have also jumped on the Trump train. Though

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