Author: bitlyfool
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Coincheck’s Nasdaq Listing Gains Traction as SPAC Submits Proposal to SEC
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Coincheck and spatial acquisition Thunder Bridge Capital Partners IV are moving forward with their merger deal, which will enable the Japanese cryptocurrency exchange to list on the Nasdaq. This action represents an important step for both companies and has implications for investors seeking exposure to the booming cryptocurrency industry. Coincheck…
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Over 20% Of Swing State Voters Weigh Digital Currency Policies Heavily
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As the political temperature rises in the United States ahead of the upcoming elections, cryptocurrencies are emerging as an important topic among voters in key contested states. Extensive online reconnaissance This campaign, led by the Digital Currency Group (DCG), has highlighted the growing importance of cryptocurrency politics in the electoral…
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Rapper Drake’s Toronto mansion guard wounded in overnight shooting By Reuters
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By Ismail Shakil OTTAWA (Reuters) – A security guard was seriously injured in a shooting at Canadian rapper Drake’s mansion in Toronto early Tuesday, police said, without confirming whether the five-time Grammy Award-winning singer was in the home during the incident. Police said the shooting occurred around 2 a.m. (0600…
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Dollar’s status as reserve currency to endure
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Investing.com – A move by US authorities to seize Russian assets could add to recent efforts to diversify away from the dollar, but the dollar is likely to remain the global reserve currency for the foreseeable future, according to Wells Fargo. Is the dollar’s role as a reserve currency in…
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Botanix Labs Secures $11.5 Million Funding to Develop Bitcoin-Native DeFi Ecosystem
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Botanix LaboratoriesA New York-based Bitcoin development startup founded at Harvard University announced a major funding of $11.5 million in a press release sent to Bitcoin Magazine. This funding round, led by notable investors including UTXO Management, Polychain Capital, Placeholder Capital, Valor Equity Partners, ABCDE, Andrew Kang, Dan Held, Dovi Wan,…
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US Healthcare Landlord Medical Properties Trust’s Largest Tenant Steward Health Goes Bankrupt, Sparks Regulatory Concerns
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US Healthcare Landlord, Largest Tenant of Medical Properties, Largest Tenant, Host Health, Goes Bankrupt, Raising Regulatory Concerns Trust Company for Medical Properties (NYSE:MPW) lessee Steward Healthcare It fell into Chapter 11 bankruptcy, posing significant financial risks to hospitals in eight states. State regulators, concerned about the precarious situation, have stepped…
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Chart Art: WTI Crude Oil (USOIL) Head and Shoulders Breakdown
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Did you miss the neckline breakdown on crude oil? Here are some retracement levels you can watch for if you are still bearish on the commodity. West Texas Intermediate (USOIL) Chart by TradingView Easing geopolitical conflict in the Middle East and a surprise increase in EIA crude oil inventories sent…
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Bitcoin Local Bottom In? Analyst Offers Insights
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In the ever-evolving world of cryptocurrency markets, identifying the bottom of a Bitcoin price correction is an endeavor that attracts the attention of both investors and analysts. Cryptocurrency analyst and trader MilkyBull joins the fray ideas On this topic, claiming that the local bottom of Bitcoin has developed due to…
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FDIC investigation finds sexual discrimination, harassment at bank regulator – reports
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Alex Wong/Getty Images News An investigation by a law firm found that sexual harassment, bullying and discrimination had been ingrained at the Federal Deposit Insurance Corporation for years, and the report questioned Chairman Martin Gruenberg’s leadership of the regulator, according to media reports. The report is expected to be released…
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US treasury to auction off $58 billion of 3-year notes at the top of the hour
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The US Treasury will sell US$58 billion of the three notes at the end of the hour. The results will be compared to six-month averages of the main components of the aggregate demand measure. Key components and their six-month averages and widths: Tail: 6-month average 0.1 basis point. Previous auction…
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Starknet Foundation’s Announces $5 Million Grant Program For Upcoming Projects To Fuel Blockchain Innovation
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The Starknet Foundation’s new grant program is an important step forward in the quest to accelerate the development and deployment of blockchain-based solutions. With a total of $5 million in funding from USDC, the initiative is designed to support a wide range of projects at different stages of their life…
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Spirit Airlines CEO is still salty after its failed JetBlue merger, calls the airline industry a ‘rigged game’—‘American consumers are the long-term losers’
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Spirit Airlines’ bid to make it into the big leagues of the U.S. aviation sector — a proposed $3.8 billion takeover from JetBlue that Spirit says would have made it more competitive with industry leaders like Delta and United — collapsed in March after it faced a Department of Defense…
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TikTok, ByteDance sue to block US law seeking sale or ban of app By Reuters
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Written by David Shepardson WASHINGTON (Reuters) – TikTok and its Chinese parent company ByteDance said on Tuesday they had filed suit in a U.S. federal court seeking to block a law signed by President Joe Biden that would force the short-video app used by 170 million Americans to be withdrawn…
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Crypto operators not providing adequate disclosures
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After several notices from Wells, SEC Chairman Gary Gensler shared a letter regarding the cryptocurrency industry and its supposed non-compliance with federal laws. On May 7, the head of the US Securities and Exchange Commission told CNBC Squawk box Adding that cryptocurrency companies have failed to comply with disclosure requirements…
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Pinewood Beach Resort appeals to block KCB takeover
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The owner of Pinewood Beach Resort and Spa has moved to the Court of Appeal to prevent a reception manager appointed by KCB Bank from taking over the establishment in Kwale. In an application dated May 3, ITCO Investments Ltd, which runs the hotel, said there was a real risk…
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New Crypto Casino TG.Casino Becomes Regional iGaming Partner of AC Milan
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Cryptocurrency casino platform TG.Casino and famous Italian football team AC Milan announced a new partnership this week. TJ casino advertisement In a tweet on May 6, @TCasino_ posted on X: “TG Casino is proud to officially announce our new partnership with AC Milan joining them as an iGaming partner in…
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Grayscale’s GBTC Halts Massive Outflow Streak With $4M Inflows
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The spot bitcoin ETF — GBTC — posted its second straight day of net inflows on Monday, attracting $4 million into the fund. In doing so, GBTC broke a four-month streak of outflows. This follows Friday’s reversal of a 78-day net outflow trend, with an additional $63 million. Since moving…
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This Salad at The Chopped Leaf is Berry, Berry Good for You!
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Published on May 7, 2024 • 3 minutes…
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Japan warns of action over rapid currency moves By Reuters
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Written by Satoshi Sugiyama and Laika Kihara TOKYO (Reuters) – Japan may have to take action against any disorderly foreign exchange movements due to speculation, the Japanese government’s top currency diplomat Masato Kanda said on Tuesday, strengthening Tokyo’s readiness to intervene again to support the fragile yen. In a sign…
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Ethereum Spot ETF Approval Delayed: SEC Postpones Verdict on Invesco’s Proposal
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Pessimism surrounding the approval of Spot Ethereum ETFs is expected to increase with the US Securities and Exchange Commission (SEC) decision. to choose to delay its decision on the approval process for Invesco Galaxy’s ETH Spot ETF, adding to the uncertainty in the cryptocurrency market. SEC pushes Invesco’s ETF back…