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ihpoam

@ihpoam

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is going to be included in the U.S. Crypto Strategic Reserve! LFG
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Nubank, a Latin American financial bank backed by Warren Buffett’s Berkshire Hathaway, has expanded its crypto offerings by adding four altcoins to its portfolio.
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The bank is adding Cardano ADA $0.7537to its 100 million clients in Brazil, according to a March 25 announcement. The four coins had a combined market capitalization of $34.6 billion at the time of writing.
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Nubank’s revenue grew to nearly $3 billion at the end of 2024 from $245 million in the first quarter of 2021, Statista data show.
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Warren Buffett’s Berkshire Hathaway has invested in Nubank multiple times. In 2021, Berkshire Hathaway invested $500 million in Nubank’s Series G funding round, an amount later followed by an additional $1 billion. From 2022 to 2024, Buffett’s company increased its ownership stake in Nubank to 0.4% from 0.1%.
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“By expanding off-ramping capabilities with Transak, MetaMask is removing barriers between crypto and traditional currency, allowing users to convert a broader range of tokens directly to cash,” said Lorenzo Santos, senior product manager at Consensys.
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Decentralization can also cultivate economic democracy by eliminating intermediaries like ISPs and related fees. Blockchain-based platforms allow smaller, newer players to compete with incumbent services and content companies on a level playing field. The Helium network, for example, uses a decentralized model to challenge traditional telecom monopolies with community-driven wireless infrastructure.
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• As of 2024, around 10% of Canadians held cryptocurrencies, including Bitcoin, positioning the country ahead of Australia, Germany and Norway in adoption.
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https://warpcast.com/ihpoam/0xca4b2f36
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After the token’s collapse, Milei deleted his endorsement, later issuing a statement on X blaming political opponents:
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The token’s rally began shortly after a now-deleted X post from President Milei, which shared a website and token contract address for Libra, which was a “private project” dedicated to “encourage the growth of the Argentine economy.”
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The Libra token briefly rose to a peak market capitalization of $4.56 billion at 10:30 pm UTC on Feb. 14 before falling over 94% to the current $257 million market cap in just 11 hours since the token debuted for trading on decentralized exchanges, Dexscreener data shows.
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The launch of Libra (LIBRA), a cryptocurrency endorsed by Argentine President Javier Milei, turned into a financial catastrophe after insiders cashed out over $107 million, wiping out nearly 94% of the token’s value within hours.
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Tesla reported a $600 million gain from its Bitcoin holdings in the fourth quarter of 2024 thanks to new accounting rules that allow companies to record the market value of the crypto on their books.
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Hougan iterated Bitwise’s $200,000 price prediction for Bitcoin by the end of 2025, which it said could be obtained with or without a strategic Bitcoin reserve.
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Wall Street banks can now custody crypto far more easily after the SEC canceled its Staff Accounting Bulletin 121 rule, which asked financial firms holding crypto to record them as liabilities on their balance sheets.
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Hougan said the effect of Trump’s order won’t be on full display right away, as White House crypto czar David Sacks will need time to craft a regulatory framework, while Wall Street’s “behemoths” will need even more time to fully realize crypto’s potential.
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Bankruptcies from the likes of FTX, Three Arrows Capital, Genesis, BlockFi and Celsius contributed to the 2022 market fall, while the SEC’s initial coin offering crackdown and Mt. Gox’s collapse were two of the main catalysts behind the pullbacks in the earlier cycles, Hougan noted.
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“The crypto space has matured; there’s a greater variety of buyers and more value-oriented investors than ever before. I expect volatility, but I’m not sure I’d bet against crypto in 2026.”
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Hougan said the industry won’t “fully overcome” the four-year cycle but believed “any pullback will be shorter and shallower than in years past.”
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