fudih

@fsy

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StandWithCrypto, a cryptocurrency advocacy group led by Coinbase, stated that there are currently 276 members of the US House of Representatives who support cryptocurrency. It is reported that the United States House of Representatives and the United States Senate form the two houses of the United States Congress, with 435 members in the House and the number of members in each state determined by population. The advocacy group stated that the cryptocurrency industry hopes to see the Trump administration's regulatory agencies adopt more lenient regulatory measures, and they also plan to push Congress to establish a new framework to help cryptocurrencies become a more important component of the financial system. @ygood

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The latest report from asset management giant VanEck reaffirms the continued maintenance of Bitcoin's current cycle price target of $180000, and states that from key indicators, this rebound seems to have just begun. It is reported that VanEck analyzed three key indicators: funding rate, relative unrealized profit (RUP), and retail interest trend. He pointed out that: 1. Since November 12th, the perpetual futures funding rate has been consistently above 10%, indicating an increasing bullish trend; 2. In addition, the current 30 day moving average relative unrealized profit level is about 0.54, which usually indicates that the market will reach its peak in a longer period of time; 3. The popularity of search terms is only 34% of the high point in May 2021, indicating that speculative frenzy has not yet spread, and the re participation of retail investors will give Bitcoin further room to rise. @tyo @dripx

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Fine water flows long, the future is long @sewa616

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“There’s a kind of lightness to a free man,” he says. “A free person is not afraid, and he’s willing to laugh. I’m struck by the amount of fear in American life right now. It’s a very fearful country. ‘Am I going to get fired? Get denounced on social media? Is somebody on TikTok gonna call me a racist?’ There’s a fog of fear that settled over the country. And I think that fog is breaking.” https://www.forbes.com/sites/willyakowicz/2024/11/14/tucker-carlson-interview-alp-nicotine-pouch-zyn-donald-trump/

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Fine water flows long, the future is long @eiyu

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According to Bloomberg, AlphaLongBiased strategy fund under investment management company Pythagoras has performed well since its launch, with a 230% increase so far this year (206% after deducting fees), consistently outperforming Bitcoin except for two months. The fund was launched a few weeks before the approval of the spot Bitcoin ETF in January 2024. The fund investment portfolio adopts a three part allocation method: one-third is allocated to core Bitcoin positions, one-third uses trend tracking strategies (which can be flexibly adjusted to double leverage according to market conditions), and the remaining one-third is allocated to market neutral, beta neutral, and US dollar neutral long short strategies. Mitchell Dong, the founder of the fund, stated that the product aims to provide investors with investment options superior to spot Bitcoin ETFs. @drip

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Everyday trivialities are romantic @seunsu

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Excited to see what @kaitocunningham @alexanderw and Jason bring to the best-in-class team at Coinbase. Crypto payments remain an unbelievable lever to enabling agency, opportunity, and prosperity on a global level. Congrats to @shaggarwal and the coinbase team! https://x.com/utopialabs_/status/1856704630580707746

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Everyday trivialities are romantic @escanor02210

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According to GoPlus security monitoring, phishing scams related to rights protection and compensation, such as "Rights Protection Community," "DEXX Stolen Registration," and "DEXX Compensation," have been discovered specifically targeting DEXX stolen users. Users need to be careful to identify and avoid uploading private keys/mnemonics or connecting to wallets for confirmation, in order to avoid secondary harm @duitduitchoo

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According to Jin Shi's report, Federal Reserve's Gulsby stated that as long as inflation continues to decline towards the Fed's 2% target, interest rates will significantly decrease in the next 12-18 months. However, Goolsbee agrees with Federal Reserve Chairman Powell that policymakers are not in a hurry to cut interest rates. Gulsby said, 'As long as we continue to move towards the 2% inflation target, interest rates will be much lower than they are now in the next 12 to 18 months.' @drill-team

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Stealing half a day of leisure @seid

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Considering releasing a limited run of /books merch for the holiday season. Trying to get a gauge.. would people be into this? Think: cozy, oversized sweatshirts or heavy-weight tees with low-key bookish branding

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Stealing half a day of leisure @srujireveal

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According to Cointelegraph, Norway's central bank, Norwegian Bank, has recognized the European Union's Crypto Asset Market Authority (MiCA) and the country is evaluating the possibility of adopting a central bank digital currency (CBDC). Kjetil Watne, the project director of the Norwegian Bank CBDC project, stated that Norway, as a member of the European Economic Area (EEA), welcomes the MiCA framework. However, he pointed out that the bank is still considering whether additional regulation is needed to promote financial stability. Norwegian Bank has not yet decided whether to issue a CBDC and is evaluating how to mitigate regulatory loopholes related to decentralized finance. @tufu555

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The bankrupt cryptocurrency exchange FTX has filed a lawsuit demanding the recovery of at least $11 million from Crypto.com accounts associated with its sister company Alameda Research. It is reported that after Alameda announced bankruptcy, Crypto.com locked its account and refused FTX administrators' requests to access funds,. FTX claims that before filing for bankruptcy, Alameda registered an account on Crypto.com under the name KaYuTin (also known as NicoleTin). According to the company, this practice is common in Alameda, where the company often opens accounts in the name of shell companies or employees to conceal its trading activities. However, FTX claims that Alameda provided funding and control for the account. @yigit @yirbonbzap

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Life is vast, and your eyes should not only be filled with love and being loved @jufugyf

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Varun Srinivasan

Looking for 5 developers to prototype App Frames with us next week. We'll help with heavy lifting on design, integration and support. If you're interested, please reply with your current frame. https://warpcast.notion.site/App-Frames-Public-12a6a6c0c101805f84f0ca8bb27047d6

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Life is vast, and your eyes should not only be filled with love and being loved @tfioren

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Crypto custodian BitGo announced that it has hired former Silvergate Bank President Ben Reynolds as Managing Director and Head of USD Standards, who will oversee the development of BitGo's USD Standard stablecoin USDS, which will be launched next year. Ben has over 25 years of experience in the fields of financial technology, software, banking, and asset management. Recently, Ben served as the President of Silvergate Bank, responsible for overseeing the company's revenue growth and as a member of the executive team, expanded Silvergate into a publicly traded company in 2019. @ygotthard

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