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Justin Trudeau Slams Pierre Poilievre for Telling People They Can ‘Opt out’ of Inflation by Investing in Cryptocurrency

September 14, 2022

Canadian Prime Minister Justin Trudeau has slammed Pierre Poilievre, the new leader of the Conservative Party of Canada, for telling people that they can “opt out of inflation” by investing in cryptocurrencies. Trudeau claims that his Conservative rival’s crypto advice is not “responsible leadership.” Justin Trudeau Calls Pierre Poilievre’s Crypto Advice Irresponsible Leadership Canadian Prime…
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Hot CPI report puts a dent in Bitcoin and Ethereum rally, stocks also lose ground

September 13, 2022

BTC, ETH, altcoins and stock prices crumbled in the face of a hotter than expected CPI report. Is there room for a short-term recovery? Crypto and stock markets are feeling the pain after the Sept. 13 inflation report printed an unexpectedly hot figure that showed headline inflation rising by 0.1% month-over-month. Even with gas prices…
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New regulatory bill grants Uruguayan Central Bank control over the nation’s crypto industry

September 13, 2022

The Uruguayan government introduced legislation to the parliament on Sept. 5, accelerating industry regulation. The Uruguayan government has introduced legislation to the parliament that accelerates the regulation of the crypto space in the country and establishes the central bank as the regulatory authority. Introduced on Sept 5, the bill strives to clarify the country’s regulatory framework…
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Bitcoin margin long-to-short ratio at Bitfinex reach the highest level ever

September 13, 2022

A key Bitcoin price metric hit a new all-time high, but is this a bullish or bearish development? Sept. 12 will leave a mark that will probably stick for quite a while. Traders at the Bitfinex exchange vastly reduced their leveraged bearish Bitcoin (BTC) bets and the absence of demand for shorts could have been…
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NFT creator Doodles raises $54M in funding at $704M valuation

September 13, 2022

The firm said it will use the money from the raise to further enhance its intellectual property. On Tuesday, nonfungible tokens (NFTs) collection Doodles announced that it had raised $54 million at a $704 million valuation in a funding round led by Seven Seven Six, with participation from 10T Holdings, Acrew Capital and FTX Ventures.…
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US Treasury clarifies publishing Tornado Cash’s code does not violate sanctions

September 13, 2022

Residents would not be violating sanctions by visiting Tornado Cash’s website, copying the mixer’s open-source code, nor making the code available online or in print. The United States Department of the Treasury said “interacting” with cryptocurrency mixer Tornado Cash’s open-source code, with certain provisions, would not be in violation of sanctions imposed by the Office…
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Ethereum Price Calm But is Short Squeeze About to Push ETH to $2k?

September 13, 2022

As the Ethereum Merge nears, there has been increased interest in the second-largest cryptocurrency by market cap.  Ether has been outperforming Bitcoin over the past week as news of the Merge triggers bulls that have been liquidating short positions – the Ethereum futures market has been increasingly active as investors hedge against the risk of…
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Linux Launches Foundation to Bolster Open-Source, Multi-Purpose Crypto Wallets

September 13, 2022

On Tuesday, the non-profit technology consortium, the Linux Foundation, announced the launch of the Openwallet Foundation (OWF) in order to bolster the development of open-source crypto wallets. OWF’s goal is to increase “interoperability for a wide range of wallet use cases” and to develop a “secure, multi-purpose open source engine” that anyone can use to…
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Team Behind Ethereum’s PoW Fork Aims to Launch Network 24 Hours After The Merge

September 13, 2022

While The Merge is expected to take place in less than two days, the Ethereum proof-of-work (PoW) fork is scheduled to go live 24 hours after the transition, according to ETHW developers. On August 8, 2022, ETHW exchanged hands for $141 per unit and today the crypto asset is down 73% lower in USD value.…
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Win $150,000 USDT With CoinFloww Beta Launch

September 13, 2022

PRESS RELEASE. Digital asset trading has long suffered due to high crypto exchange transaction fees, regulatory hurdles by regulators, and stringent crypto exchange rules. Then came CoinFloww, the most advanced digital asset exchange. Based on the world-class digital asset exchange technology, CoinFloww is proud to launch at a time when crypto exchanges are fighting for…
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