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Robert Kiyosaki Frustrated by ‘Lame Excuses’ to Avoid Buying Bitcoin – Foresees Significant Price Rise

Robert Kiyosaki Frustrated by ‘Lame Excuses’ to Avoid Buying Bitcoin – Foresees Significant Price RiseRich Dad Poor Dad author Robert Kiyosaki has urged investors to buy bitcoin despite the cryptocurrency’s high prices. “I become frustrated encouraging people to buy bitcoin. I receive so many lame excuses,” he said, emphasizing that although the current price is high, it is not as high as it will be in the future. ‘I […]

SEC crypto watchdog resigns after nearly a decade

IMF Data Shows Decline in US Dollar Dominance

IMF Data Shows Decline in US Dollar DominanceRecent data from the International Monetary Fund (IMF) points to an ongoing decline in the U.S. dollar’s share of allocated foreign reserves held by central banks and governments. Economists explained that reserve managers are attracted to nontraditional reserve currencies “because they provide diversification and relatively attractive yields, and because they have become increasingly easy to […]

SEC crypto watchdog resigns after nearly a decade

Nigerian Regulator Warns Against Investing in Meme Coin Linked to Davido

Nigerian Regulator Warns Against Investing in Meme Coin Linked to DavidoThe Nigerian securities regulator warned residents against investing in a meme coin linked to singer and celebrity Davido. The regulator described the meme coin as a highly risky investment, saying investors who invest in it do so at their own risk. The Commission will continue to monitor the ecosystem and will exercise its authority if […]

SEC crypto watchdog resigns after nearly a decade

CBDC Interest Climbs Steadily Over Five Years, Google Trends Data Shows

CBDC Interest Climbs Steadily Over Five Years, Google Trends Data ShowsGoogle Trends data reveals a consistent increase in search interest for “CBDC,” which stands for central bank digital currency, over the past five years. The term has maintained a score above 20 since August 2022, on a scale of 1 to 100, where 100 signifies peak interest. CBDCs See Consistent Search Growth, Top Regions Include […]

SEC crypto watchdog resigns after nearly a decade

Bloomberg Analyst Now Expects Spot Ethereum ETFs to Launch on July 2

Bloomberg Analyst Now Expects Spot Ethereum ETFs to Launch on July 2Bloomberg’s senior ETF analyst has updated his spot ethereum exchange-traded fund (ETF) prediction. “We are moving up our over/under date for the launch of spot ether ETF to July 2nd,” he said. This revision follows light comments from the SEC Staff on issuers’ S-1 filings. The analyst believes there is a decent chance the SEC […]

SEC crypto watchdog resigns after nearly a decade

New York Recovers $50 Million From Gemini — Bans the Exchange From Crypto Lending in the State

New York Recovers  Million From Gemini — Bans the Exchange From Crypto Lending in the StateNew York Attorney General Letitia James has secured a $50 million settlement from cryptocurrency exchange Gemini for Earn program investors. This settlement ensures that all defrauded investors will fully recover the assets they invested but were unable to withdraw when the program collapsed. Additionally, Gemini is now banned from operating any crypto lending program in […]

SEC crypto watchdog resigns after nearly a decade

NFT Market Sees Gains for Second Consecutive Week, Sales Up 10.95%

NFT Market Sees Gains for Second Consecutive Week, Sales Up 10.95%Non-fungible token (NFT) sales increased by 10.95% this week compared to the previous week, marking the second consecutive week of gains. Despite a 76.7% drop in the number of buyers, blockchain-issued digital collectibles achieved $141.73 million in sales. NFT Market Trends: Bitcoin and Ethereum Lead Sales Volume In the previous week, NFT sales had risen […]

SEC crypto watchdog resigns after nearly a decade

Despite Crypto Market Downturn, TON Achieves All-Time High

Despite Crypto Market Downturn, TON Achieves All-Time HighWhile bitcoin and the broader cryptocurrency market experienced declines over the past three days, The Open Network’s toncoin (TON) hit an all-time high on Saturday morning, reaching $8.25 per unit. TON has climbed into the top ten rankings with a current market valuation close to $20 billion. TON Defies Crypto Market Slump, Reaches New Peak […]

SEC crypto watchdog resigns after nearly a decade

Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued 

Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued The Federal Reserve and Arkansas State Bank Department have mandated sweeping reforms at Evolve Bank & Trust following significant compliance breaches. The order highlights issues in anti-money laundering efforts and consumer protection, especially in its dealings with fintech companies and prominent crypto players like FTX. Compliance Concerns Trigger Regulatory Action Against Evolve Bank Evolve Bank […]

SEC crypto watchdog resigns after nearly a decade