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SOGAZ™ 🎭 ✪

@sogaz

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846 Followers


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Ripple’s Acquisition Bid Rejected? Expert Suggests Circle Has $10B IPO in Its Sights Attorney John E. Deaton, a well-known advocate for XRP holders, explained that Circle’s market value could reach $10 billion after reportedly turning down a $5 billion acquisition offer from Ripple. Deaton, who has represented XRP investors in legal matters involving Ripple and the U.S. Securities and Exchange Commission (SEC), posted on social media platform X that the rejected offer suggests Circle expects a much higher valuation following its public debut. The bid from Ripple was reportedly presented prior to Circle’s upcoming initial public offering (IPO). Deaton wrote: “Circle’s rejection of the $5B offer suggests Circle believes its market value, particularly post-IPO, is likely to exceed $5 billion, possibly approaching or surpassing the $9 billion from its 2022 SPAC attempt.” He further explained:
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US Senator Warns Fed’s Anti-Bitcoin Agenda Still Alive After Crypto Policy Retreat U.S. Senator Cynthia Lummis (R-WY) openly criticized the Federal Reserve’s recent actions concerning cryptocurrency regulations in a series of posts on social media platform X on April 25. Lummis dismissed the Fed’s withdrawal of previous crypto guidance as merely superficial, asserting: “The Fed continues to illegally flout the law on master accounts,” she stressed, referencing the prolonged delays experienced by Custodia Bank, a Wyoming-based digital asset bank. Custodia Bank sued the Federal Reserve Board and Kansas City Reserve Bank, citing a 19-month master account delay as a violation of due process and the Administrative Procedure Act. The lawsuit argues that non-Senate-confirmed officials making final decisions breaches the Constitution, warning that the delay harms innovative banks’ access to Federal Reserve services.
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How Much $TRUMP You Need to Attend ‘Exclusive’ Dinner 😎💸💸💸 $TRUMP has surged in value after this gala dinner was announced — with a campaign urging investors to buy even more tokens. It’s fair to say that the $TRUMP token was pretty much a disaster all round. Bitcoiners hated it, even some of the president’s closest supporters were uncomfortable about it, and naive investors lost a lot of money. After surging to a ridiculous valuation of $75.35 on the day before Trump’s inauguration, the value of this meme coin fell precipitously — and at certain points throughout this month, it was languishing below $8. All of that changed when it was announced that the President of the United States planned to attend a dinner with 220 of the token’s biggest holders, in what was modestly described as “the most EXCLUSIVE INVITATION in the world.”
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