Day: September 17, 2024

Key Reasons Why Sui Investors Are Buying New Casino ICO Mpeppe (MPEPE)

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Este artículo también está disponible en español. The cryptocurrency market is always on the lookout for new opportunities, and Sui (SUI) has been a standout in recent months, attracting a large number of investors with its strong performance and technological advancements. However, despite Sui’s stellar growth, many of its investors are now looking at another promising token — Mpeppe (MPEPE), a new casino-focused ICO. There are several reasons why Sui investors are jumping on the Mpeppe bandwagon, and in this article, we’ll explore those factors and why Mpeppe might be…

U.S. Treasury Sanctions Cambodian Tycoon With Ties to Pig Butchering Scams

“Because many sanctions authorities authorize the imposition of sanctions on non-US persons – not ordinarily subject to US jurisdiction – for engaging in material transactions with an SDN, many non-US persons will now refuse to transact with Ly, irrespective of jurisdictional considerations,” said Brendan Hanifin, a Chicago-based partner at law firm Ropes & Gray. “Given the primacy of the U.S. dollar in international financial transactions, the practical effect of the SDN designation will be to cut off Ly’s access to most of the global financial system.” Source

Bitcoin (BTC) Price Up 5% to $61K Ahead of Fed, but Binance Order Books Suggest Rally Could Be Capped

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The dynamics are not necessarily that straightforward, as the prospect of larger cuts could cause a panicky reaction for risk asset prices, K33 Research analysts noted. “Similar large cuts occurred during the 2001 and 2007 recessions, often signaling heightened recession risks in the U.S,” K33 Research said in a Tuesday report. However, those historical comparisons could be misleading, as real rates are at their peak with inflation coming down over the past months allowing a speedier pace of cuts, the report added. Market participants currently see the fed funds rate…

Howard Winklevoss gifts $4m Bitcoin donation to Grove City College

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Grove City College is set to rename its School of Business in honor of alumnus Howard E. Winklevoss, father of Tyler and Cameron Winklevoss, following his $4 million Bitcoin donation.  This contribution marks the college’s first gift of Bitcoin (BTC) and is aimed at supporting its business programs and ensuring the institution’s continued ability to provide quality education, according to a Grove City press release.  Winklevoss, a 1965 graduate, is a notable academic and entrepreneur with a background in actuarial science and business technology. His career includes founding multiple companies,…

Flipster Partners With Pudgy Penguins to Host Exclusive Party During TOKEN2049

WARSAW, Poland, Sept. 16, 2024 /CNW/ — Flipster, a leading crypto derivatives trading platform, is excited to announce that it will co-host an exclusive party coinciding with TOKEN2049, with the industry-leading NFT project Pudgy Penguins, alongside Mocaverse. The exclusive side event will be held at Zouk, one of Asia’s most renowned nightlife venues, on September 17, providing a relaxed environment for attendees to network. Attendees can look forward to exciting activities, including on-site games, lucky draws, a photo booth, Flipster and Pudgy Penguins swag, giveaways, and more. Flipster is a…

Liquid Staking Absorbs 400,000 ETH, Closing in on 14M Mark

According to the latest figures, over the past 38 days, starting from Aug. 10, 2024, the total value locked in decentralized finance (defi) protocols has slipped by $5.07 billion. Despite this decrease, ethereum continues to pour into liquid staking derivative (LSD) platforms, with 29 distinct LSDs pulling in nearly $1 billion worth of ether during […] Source CryptoX Portal

Shiba Inu Competitor FLOKI Forms Falling Wedge That Could Trigger 54% Breakout

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Este artículo también está disponible en español. After going on an incredible run back in 2023, top Shiba Inu competitor FLOKI has swam into the mainstream of crypto investments. Its break toward the $1 billion market cap level solidified its position as one of the leading meme coins in the space. Although FLOKI has struggled in the market after its initial bullish run, falling more than 50% from its 2023 peaks, it is still a favorite among investors, and analysts, who expect the meme coin to see bullish momentum going…