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According to Animoca Brands, its Digital Asset Advisory (DAA) business accounted for $165 million in bookings in 2024, a 116% increase over the previous year. The company’s subsidiaries and incubated projects generated $110 million in bookings, while its investment activities contributed $39 million.
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Recent efforts to “debank” crypto firms in the US revealed a “staggering” level of corruption among government officials, and the problem is not yet resolved, one banking executive said in a Feb. 27 interview during Bitcoin Investor Week.
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The current user onboarding process is complicated and riddled with friction points, which is the main issue hindering mass crypto adoption, according to Chintan Turakhia, senior director of engineering at Coinbase.
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What if this entire memecoin phenomenon isn’t just a gamble but a carefully rigged game? The latest fiasco involving Argentina’s president, Javier Milei, has revealed a deeper problem: one where a select few insiders seem to always win, leaving everyday investors in the dust.
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https://warpcast.com/bonnies6ja/0x0f9959cf
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https://warpcast.com/darcyon3/0x800238ba
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While there is no direct evidence incriminating Jupiter Exchange members, onchain transactions show that the token’s crash was caused by insider wallets that started cashing out on the token only three hours after it debuted for trading, causing a 94% decline.
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“We were completely unaware of the dealings between the principals, in this case Milei and the market makers, and were not involved in it in any way, shape or form,” added the exchange.
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The token’s launch was an “open secret in memecoin circles,” Jupiter Exchange stated in a Feb. 16 X post:
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The FDIC argued in its Jan. 17 status report that it has complied with the FOIA request by producing all relevant documents and conducted the necessary search of letters shared with the FDIC Office of Inspector General between March 2022 and May 2023.
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“When we asked them to fix their supposed reasonable interpretation and stop playing word games, they told us it would take at least a year,” Grewal added.
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The bearish figures are still an improvement over 2023’s 9% and 14% survey outcome, respectively, for US political cooperation and international peace.
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The most recent poll also shows only 23% of Americans expect “positive” political cooperation within the US under the Trump administration, and only 32% predict 2025 will be somewhat peaceful internationally.
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About 66% of respondents tipped 2025 to be a year when the stock market rises, marking a 30 percentage point increase from the 2023 outlook taken in December 2022, during a period of high inflation and low confidence in the economy.
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https://warpcast.com/sophia5stist/0x6ab8415b
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https://warpcast.com/sophia5stist/0xe71058da
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On the contrary, if the price rises above the downtrend line, it will suggest that the pullback may be over. The pair could rise to $3.34 and subsequently to the overhead resistance of $3.50. If this level is cleared, the pair may start the next leg of the uptrend.
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The bulls are trying to start a rebound off the 50-SMA, but the recovery is expected to face selling at the downtrend line. If the price turns down sharply from the downtrend line, the possibility of a break below the 50-SMA increases. That could start a decline to $2.40.
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contrary to this assumption, if the price maintains below $3, the bears will try to pull the pair to the 20-day EMA ($2.43). Such a deep pullback increases the possibility of a range formation in the near term.
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The bulls are trying to arrest the decline at $3. If the price turns up from the current level, the BGB/USDT pair will again attempt to rise above the overhead resistance of $3.50. If that happens, the rally could extend to $4.
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