Luxury

@luxurymenzdk

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Why do you think this happened to him?

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Investors sued Musk and Tesla in June 2022. At the time, Musk faced accusations of manipulating Dogecoin’s price by using his influence through Twitter posts, appearances on “Saturday Night Live,” and other publicity stunts. Allegedly, he sold Dogecoin during times when his actions, such as changing Twitter’s logo to the Dogecoin Shiba Inu dog, were expected to increase its value. This strategy allegedly allowed him to profit from insider trading. Further, the lawsuit claimed Musk deliberately manipulated the market through public endorsements and statements about Dogecoin, which misled investors. Also, the suit labeled these actions as “puffery” rather than based on facts.

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Earlier this week, the crypto market declined sharply before bouncing back, with bitcoin dropping over 15% and ether experiencing its steepest decline since the FTX collapse. This selloff, fueled by broader economic concerns and geopolitical factors, increased market uncertainty. Curious whether these events triggered any significant shifts in crypto funds' strategies, I reached out to leading crypto investors managing liquid and hedge funds to learn about their plans moving ahead. Interestingly, despite the market recent turbulence, several crypto funds continue to focus on fundamentals, with a strong bullish stance on Solana (SOL) and the DeFi sector. Joe McCann, founder, CEO and CIO of Asymmetric Financial, told me that his firm, managing two liquid funds with 9-figure and 8-figure assets under management (AUM) respectively, remains invested in bitcoin while overweight on Solana. "We have owned exactly zero ETH +1.77% all year and see absolutely no reason to own it going forward," McCann said.

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Ripple, the enterprise-focused blockchain service closely related to the XRP Ledger (XRP), said on Friday that it begun testing its stablecoin on the Ethereum (ETH) mainnet and XRP Ledger. "Ripple USD is currently in its beta phase and is being rigorously tested by our enterprise partners," the company said in a blog post. "This phase is crucial for ensuring that the stablecoin meets the highest standards of security, efficiency, and reliability before it becomes widely available, and after receipt of regulatory approval." The announcement came after Ripple laid out its plans in April to enter the rapidly growing stablecoin market with its own U.S. dollar-pegged token. Stablecoins are a $160 billion market currently and a key piece of infrastructure in the crypto economy used for trading and payments on blockchains. The market is currently dominated by the two largest stablecoins, Tether's USDT and Circle's USDC. Broker Bernstein forecasted that the market could grow to $2.8 trillion by 2028.

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The CEO of the financial company deVere Group, Nigel Green, believes that the demand for the first cryptocurrency will continue to increase, and by the end of the year the BTC rate will reach $100,000. Nigel Green believes that the first cryptocurrency is the best investment asset at the moment, since the number Bitcoins are limited to 21 million coins. “Bitcoin is now likely the best asset in terms of growth potential for the rest of the year. It costs $60,000, but many are expecting it to reach $100,000 by the end of the year. Is it possible? It is quite possible, because the number of bitcoins is limited. That is, if the demand for BTC increases, then the price will go up. Bitcoin is not at all the same as the US dollar, where the Fed can simply print more,” says Green.

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The former CEO of the American investment bank Goldman Sachs, co-founder of the investment company Real Vision Group, believes that the market capitalization of the crypto market will reach at least $100 trillion in the next ten years. Raoul Pal said that the growing number of cryptocurrency users will have a huge impact on the value of the market. And at the same time, he recommended that investors not take unnecessary risks when investing in digital assets: “The market will reach a $100 trillion capitalization in the next ten years, and investors must balance opportunities now with the right portfolio management strategies to effectively capture greater returns.”

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Tools for Humanity (TFH), the company behind the Worldcoin project, has hired four senior ex-Apple, Google, Meta, Tesla and X employees into leadership positions. Damien Kieran has joined the firm as chief privacy officer. He previously held the same position at Company X. Former Google Android CISO Adrian Ludwig and former Google Payments head of identity Ajay Patel have filled their respective vacancies at TFH.

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looks very stylish

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brian is live on unlonely

is this a badge of honor or avoid at all costs? depends if you have that dog in you or not.

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60,786.90USD Today Bitcoin costs this much, do you think it’s worth buying a few more coins or waiting?

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The cryptocurrency market may be poised for a "rescue rally" after a 6-month market roller coaster, with some analysts suggesting that selling pressure on exchanges has eased. “If you look at the forecast for the 7th month, there is reason for optimism after such a significant capitulation by small traders,” crypto analytics platform Santiment X 7/2 said. This added to the negative sentiment in the market, and traders' losses suggested that "the rescue rally may have just begun." Bitcoin BTC Ticker fell US$662,913 It fell nearly 6% in the month to June 7, hitting a one-month low of £59,500, according to Cointelegraph Markets Pro. According to TradingView, the market capitalization of the cryptocurrency market fell by about 55 billion yen between a high of 2.5 trillion yen in 4,000 units in a month followed by many other cryptocurrencies. Mingkyu Wu, an analyst and trusted contributor to CryptoQuant, said in a 7-1 message that the seller has "finally run out of steam."

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The Turkish Parliament has adopted a bill regulating the circulation of cryptocurrencies in the country. For violation of the rules, the document provides for fines from $7.5 thousand to $182.6 thousand, as well as imprisonment for a period of three to five years for individuals, TASS reported, citing the parliamentary television channel. Turkey's ruling Justice and Development Party sent this bill to parliament in May, and the first versions of the bills appeared in 2021. The adopted document is expected to influence the removal of some claims against Turkey by the Financial Action Task Force (FATF). The country may be removed from the gray list, which it is on due to shortcomings in measures to combat money laundering and the financing of terrorism. Experts interviewed by RBC-Crypto explained what reasons may lie behind the adoption of this bill and what difficulties await crypto users and platforms living and working in Turkey.

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The presidential debate between incumbent Joe Biden and former President Donald Trump may very well be the most televised event this year. For cryptocurrency enthusiasts, the debate comes at a time when digital assets like Bitcoin (BTC) and Ethereum (ETH) have become hot topics in Washington. In addition to approved spot BTC ETFs, expected spot ETH ETF greenlights, and crypto bills like FIT 21, Grayscale Investments and The Harris Poll reports stated that “nearly half of likely American voters think some of their future investment portfolios will include crypto.”

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Happycoin.club - The US State Department has announced a reward of up to $5 million for information leading to the arrest of Ruja Ignatova, co-founder of the Onecoin crypto-pyramid scam. Co-founder of bwf Onecoin Ltd. Ignatova began her fraudulent activities around the world in 2014 from Bulgaria. It raised billions of dollars from investors by claiming that Onecoin was significantly more promising than Bitcoin. By 2017, the organization received more than $4 billion. On October 12, 2017, Ignatova was indicted by the United States District Court for the Southern District of New York on charges of conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering. Two weeks later, Ignatova fled Sofia for Athens and has been a fugitive ever since. In 2022, she was listed as one of the 10 most wanted fugitives by the US Federal Bureau of Investigation (FBI).

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hi friends how are u doing

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MACBETH 💜🎩

An album to vibe to fully. 💜 https://open.spotify.com/album/15Fb7HPHdy42No0l9KnXAZ?si=qpYBoecSSfqOiu4334vt4g

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According to BlockBeats, Farcaster co-founder Dan Romero has addressed comments on social media about Warpcast's core user base. Romero stated that Warpcast, being a US-based team, does not have plans for international expansion. The team believes they can create an excellent client for English-speaking users, but they currently lack the bandwidth to provide quality service for international users. Romero also mentioned Phaver, Firefly App, and Supercast as clients that are performing well internationally.

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Ethereum is not only a cryptocurrency, but also a platform for creating decentralized applications. This makes it much more flexible and feature-rich than other cryptocurrencies.

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