November 15, 20240 Comments

Investment Giant Franklin Templeton Expands Its On-Chain Money Market Fund to Ethereum (ETH)

The world’s first tokenized money market fund is now on the Ethereum (ETH) layer smart contract platform. In a post on social media platform X, global asset manager Franklin Templeton announces the launch of its Franklin OnChain U.S. Government Money Fund (FOBXX) on the leading smart contract platform. Franklin OnChain U.S. Government Money Fund uses public blockchain as a system of record for tracking transactions and share ownership. Investors use

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November 15, 20240 Comments

John Deaton Proposes 3 Ways To Escape $36T Debt Bag

The United States (US) is in debt, and pro-XRP lawyer John Deaton is optimistic that three key solutions can help. According to earlier reports, the US government’s debt profile has surpassed $36 trillion for the first time in history. This figure makes the US the most indebted government in the world, a trend market leaders believe must change. The John Deaton Solution to US Debt In his post on X,

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November 15, 20240 Comments

Lawsuit Appeal Alleging Elon Musk Manipulated Dogecoin (DOGE) Dropped: Report

A pack of Dogecoin investors who claimed Elon Musk rigged DOGE are dropping their appeal following a judge’s ruling against their case in August. Disgruntled DOGE investors first sued Musk in 2022, accusing the Tesla CEO of orchestrating a pump-and-dump scheme with his public praise of Dogecoin on Twitter (now X) and Saturday Night Live. In August, a US judge sided with Musk, failing to see any evidence to support the alleged

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November 15, 20240 Comments

FBI Raids Polymarket CEO’s Home As DOJ Probes the Decentralized Betting Platform: Report

The Federal Bureau of Investigation has reportedly executed a search warrant on the home of Shayne Coplan, the CEO of decentralized predictions-betting platform Polymarket. Citing a source who requested anonymity, Bloomberg reports that the FBI seized Coplan’s phone and electronics during the raid, which happened just as the US Justice Department (DOJ) investigates Polymarket for allegedly accepting trades from US-based users. Polymarket enables users to place bets on the outcome

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November 15, 20240 Comments

This OG Bitcoin (BTC) Investor Just Turned $120 Into $178M

The trend of more of the older wallets that held bitcoin from its early days coming out of the woodwork could continue, as they might be able to bag massive profits at current price levels. Such moves could limit any additional price upside, even though some traders are still optimistic that bitcoin could reach $100,000—a key psychological level of resistance—by year-end. Source link

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November 15, 20240 Comments

Bitcoin To Hit New All-Time High With Ease, Predicts Glassnode Co-Founders – Here’s Why

The founders of analytics firm Glassnode are predicting that Bitcoin (BTC) will soon print fresh all-time highs for one key reason. Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,200 followers on the social media platform X that Bitcoin may surge if the US Dollar Index (DXY) starts to decline due to the Fed’s rate-cutting cycle and quantitative easing (QE). The DXY is a measure

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November 15, 20240 Comments

Prosper Enters Into Long-Term Agreement With BITMAIN To Provide Bitcoin Miner Hosting Services

November 15, 2024 – George Town, Cayman Islands Prosper – a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming – today announced that it has entered into a long-term hosting service agreement with BITMAIN, the world’s leading manufacturer of digital currency mining servers through its brand Antminer. Under the agreement, BITMAIN and its affiliates will provide hosting services for

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November 15, 20240 Comments

Top Stablecoin Firm Tether (USDT) Rolls Out Private Beta of New Tokenization Platform

The leading stablecoin firm Tether (USDT) has rolled out a private beta for a new tokenization platform. “Hadron by Tether” aims to simplify the tokenization process for stocks, bonds, funds, stablecoins, loyalty points, real estate, art and other assets, according to a new press release from the firm. Tether chief executive Paolo Ardoino notes the platform is fully non-custodial and supported by multiple blockchains. The CEO says Hadron represents “the

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