NEW BUSINESS: Binance.US, the American arm of the world’s largest cryptocurrency exchange, hired its first lobbying firms last month, newly filed disclosures show, as policymakers in Washington face calls to rein in the rapidly growing and mostly unregulated industry. Hogan Lovells’ Ivan Zapien, a Democratic lobbyist who previously was chief of staff to now-Senate Foreign Relations Chair Bob Menendez (D-N.J.), and former House GOP aides Aaron Cutler and Chase Kroll will lobby for the exchange.
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Bitcoin’s surge to $69,000 took bears by surprise and cemented bulls expected $400 million profit at Friday’s $1.2 billion options expiry.
"We are LIVE and BOOMING!," said the community behind the newly launched Lorde Edge coin.
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“We are with venture capital [a stock market] list. The venture capital market is currently in very good shape, so we’ll probably follow that route, but we’re looking at both, “says Brooks.
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When formed by real members instead of bots—we’ll get to that in a second—these communities are unofficial and unpaid public relations departments continually working in favour of the reputation of the projects they support.
There are over 2000 cryptocurrencies available to buy and sell, though most have little value. Of these, bitcoin, ether (the token of the Ethereum network), ripple, bitcoin cash (an offshoot of bitcoin) and litecoin are among the most valuable by market capitalisation.
ProShares Bitcoin Strategy ETF, which began trading late last month, was up 10.95% on Monday.
Launch of crypto-linked investment fund lends ‘professional’ edge to swashbuckling asset class
Binance.US formed in 2019 after Binance stopped accepting U.S. investors. The interface and many features are the same, but there are differences such as the amount of cryptocurrencies available to trade in the U.S. vs. elsewhere, as well as which states Binance.US is allowed to operate in. United States users cannot buy crypto using the international Binance platform.
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Users can create scenes, graphics, challenges as well as trade digital assets including LAND, estates, and avatar apparel.
It might be time to remind the millennials that all that glitters is not gold. At least some cryptocurrencies — the new-age investment asset class — are on the verge of extinction. After all, not all tokens are created equal.
Ripple also put heavy investments into non-fungible token projects using the XRP ledger – a public blockchain. Many experts claim that this investment puts Ripple in the position to be an “Ethereum killer.”