jolineme9t

@jolineme9t

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The LIBRA memecoin was endorsed by President Milei immediately after launch. However, the event rapidly turned into a financial catastrophe after insiders reportedly cashed out over $107 million, wiping out nearly 94% of the token’s value in less than four hours.

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Launched on Jan. 19, the official MELANIA token hit a peak value of over $13 billion within four hours but has since slumped 99% to $189 million at the time of publication.

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California’s teacher retirement fund has the largest holdings in Michael Saylor’s business intelligence software firm, with 285,785 shares worth around $83 million at the time of the Form 13F filing with the US Securities and Exchange Commission on Feb. 14.

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The California Public Employees’ Retirement System is also heavy on Strategy stock, with 264,713 shares worth around $76 million, and it also has $79 million worth of Coinbase stock. The state retirement fund holds around $149 billion in investments.

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The firm’s most recent acquisition was 7,633 BTC at the price of $97,255 per coin between Feb. 3 and Feb. 9.

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Other states holding Strategy stock in their public funds include Arizona, Colorado, Illinois, Louisiana, Maryland, Texas and Utah, according to Fahrer.

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The business intelligence firm and Bitcoin treasury company rebranded to Strategy and adopted a Bitcoin-themed visual marketing scheme on Feb. 5.

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The business intelligence firm and Bitcoin treasury company rebranded to Strategy and adopted a Bitcoin-themed visual marketing scheme on Feb. 5.

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Other states holding Strategy stock in their public funds include Arizona, Colorado, Illinois, Louisiana, Maryland, Texas and Utah, according to Fahrer.

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“Masses showed up and voted for more economic freedom in 2024 when they elected Donald Trump,” Coinbase CEO Brian Armstrong wrote in a Jan. 17 post.

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Supporters, including MicroStrategy CEO Michael Saylor, Tether and other major institutional players, have praised this idea, advocating for the US and other countries to accumulate Bitcoin as a means to stave off inflation.

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But crypto markets are trading on the expectation that the US will unload massive purchases going forward, Epstein said. During the campaign, Trump floated the idea of building a strategic Bitcoin reserve for the country, akin to El Salvador’s initiative in recent years.

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The US is already the largest sovereign holder of Bitcoin, mostly due to judicial seizures. According to data from Bitbo, the country holds over 200,000 Bitcoin in custody — equivalent to nearly $22 billion.

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“The PBC is a structure⁠ used⁠ by many⁠ others⁠ that requires the company to balance shareholder interests, stakeholder interests, and a public benefit interest in its decisionmaking,” OpenAI said in the post, adding:

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OpenAI is considering converting its for-profit division into a Delaware Public Benefit Corporation (PBC), a legal structure for private enterprises producing public goods, according to a Dec. 27 blog post.

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The ChatGPT maker has faced fierce pushback, including lawsuits, for a 2019 decision to create a for-profit business unit to operate alongside its original nonprofit foundation.

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The new rules will begin to apply to digital asset sales starting in 2027. Brokers will need to begin collecting and reporting the necessary data for digital asset transactions starting in 2026. According to the IRS, there are between 650 and 875 estimated DeFi brokers that will be affected by these final regulations.

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OpenAI is mulling a corporate restructuring designed to help coordinate the artificial intelligence developer’s nonprofit and for-profit arms, OpenAI said.

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Under the new rules, if a DeFi platform is involved in facilitating the exchange or sale of digital assets — even through smart contracts — and it exercises sufficient control or influence over the transaction process, it could meet the definition of a broker.

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https://warpcast.com/jolineme9t/0xde9515fa

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