John Paulson, the billionaire who famously shorted the U.S. subprime mortgage bubble in 2008, has called crypto a bubble that will “eventually prove to be worthless” in an interview with Bloomberg …
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Polkadot-powered Parallel Finance raises $22M for DeFi products
In an announcement on Aug 30, Polkadot-powered Defi lending and staking protocol Parallel Finance said that it had raised $22 million in a Series A funding round that valued it at a …
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PayPal looks to take on Robinhood with stock trading
American payments giant PayPal is reportedly exploring ways to offer stock trading after launching cryptocurrency trading services last year. PayPal is looking to buy or partner with a broker-dealer to introduce its …
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Will this ‘important’ upgrade ‘entice’ more businesses to adopt Dogecoin (DOGE)?
Dogecoin, one of crypto’s most hyped meme-coins, was trading at $0.27, with a market capitalization of around $36 billion at the time of writing. It is currently the 7th largest crypto-token. It …
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Bitcoin’s (BTC) current bull run to peak at $100,000 by the end of the year
Kevin Wadsworth – co-founder of the technical analysis company Northstar & Badcharts – opined that the current cryptocurrency bull market would “conclude before the end of the year” and bitcoin …
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SEC expresses desire to watch videos of Ripple’s company meetings
In an escalating battle over discovery, the U.S. Securities and Exchange Commission is now seeking video and audio recordings of Ripple’s company meetings to bolster the agency’s case that the …
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Hype around Solana (SOL) seems to hit all-time high
Solana (SOL) hit a new high of $124 on Tuesday due to growing investor interest in the Ethereum (ETH) competitor’s platform, which also supports smart contracts needed for decentralized financial …
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Ripple’s XRP token looks ready to break out
As a new monthly close approach, it appears that volatility is back among the top cryptocurrencies by market cap. Although XRP remains stagnant, the technicals show a high probability of …
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South Africa’s central bank governor: “Crypto does not qualify as currency”
Lesetja Kganyago, governor of the South African Reserve Bank (SARB), has argued against classifying crypto as currencies. According to a report by MoneyWeb, the central bank chief likened crypto to assets rather …
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Morgan Stanley purchases 6.5M Grayscale Bitcoin (BTC) trust shares
Morgan Stanley investments funds have acquired over 6.5 million shares in Grayscale Bitcoin Trust (GBTC) in a move that comes as other large financial institutions eye ways to give their …
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