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Coinbase CEO Brian Armstrong engages in discussions with Senators regarding cryptocurrency regulations. Their aim is to establish guidelines to prevent a chaotic crypto environment. 🚀 This development could benefit both investors and companies involved in crypto! #coinbase #bitcoin #BinanceTournament #BTC #Metaverse

TOP 3 #NEWS Today 1. Terraform Labs and Former CEO Settle SEC Charges: The company behind the failed Terra blockchain, Terraform Labs, along with its former CEO Do Kwon, have reached an agreement to pay a combined $4.5 billion to resolve civil fraud allegations made by the U.S. Securities and Exchange Commission (SEC). #sec 2. Paxos Implements Workforce Reduction: Despite maintaining a strong financial standing, stablecoin issuer Paxos has downsized approximately 20% of its workforce. CEO Charles Cascarilla stated that this decision positions the company to effectively pursue opportunities in tokenization and stablecoins. #PaxosTreasury 3. Coinbase Reports Surge in Web3 Projects: Nasdaq-listed cryptocurrency exchange Coinbase revealed that Fortune 100 companies experienced a 39% year-over-year increase in their Web3-related initiatives during the first quarter of this year, reaching a new peak. #coinbase

More Crypto article visit coinroop.com Top 10 crypto news for yesterday 1. #Bitcoin Nears $30,000**: Bitcoin's price surged close to the $30,000 mark, driven by weak economic data from China and declining global yields.$BTC 2. #PayPal Expands Crypto Services**: PayPal announced the expansion of its crypto services to the EU and UK, allowing users to buy, sell, and hold cryptocurrencies directly through their PayPal accounts. 3. #MetaMask Launches Pooled Staking**: MetaMask introduced a new feature that allows users to participate in pooled staking for Ethereum (ETH), making it easier for users to earn rewards from staking.$ETH 4. **Brazil's Largest Bank Embraces Crypto**: Brazil's largest bank expanded its crypto trading services to all customers, allowing them to trade Bitcoin and Ether directly through the bank's platform. 5. #Trump's Crypto Stance**: Former U.S. President Donald Trump expressed his support for cryptocurrencies, stating that he wants all remaining Bitcoin to be "Made in USA" during a meeting with Bitcoin mining executives. 6. **Fidelity Tokenizes Money Market Fund**: Fidelity International announced the tokenization of its money market fund on JPMorgan's blockchain, joining the Tokenized Collateral Network (TCN) to enhance liquidity and efficiency. 7. #Cardano 's Voltaire Upgrade**: Cardano's co-founder, Charles Hoskinson, confirmed that the network is on track for its Voltaire upgrade this month, which aims to enhance governance and decentralization. 8. **ZKSync's Airdrop Announcement**: ZKSync announced an upcoming airdrop of its ZK tokens, with 17.5% of the total token supply set to be distributed to users next week. 9. **DeFi Technologies' New Validator Node**: DeFi Technologies revealed plans to launch a validator node and stake $100 million in Bitcoin (BTC) to support the network and earn staking rewards. 10. **Hong Kong's Crypto ETF Flexibility**: Hong Kong's Finance Secretary highlighted the city's flexibility in accommodating six spot crypto ETFs, aiming to attract more crypto investments and boost the local market.

Yesterday's Top Crypto News (June 11th, 2024) 1. Bitcoin Pullback and Market Jitters: News:#Bitcoin dipped below $68,000 triggering liquidations as traders awaited key economic data releases (#bitcoin, #BTC, #cryptocrash , #FOMC, #CPI) 2. Institutional Activity: News: Despite the pullback, Bitcoin saw significant inflows ($2 billion) while Ethereum had its highest institutional buying since March. (#cryptoadoption, #institutionalinvesting, #Ethereum, #ETH) 3. Meme Coin Sell-Off: News: Meme coins like Dogecoin and Shiba Inu saw a sharp decline, extending losses for GameStop stock. (#memecoins, #DOGE, #SHIB, #GME) 4. Meta Discloses Bitcoin Purchase: News: Metaplanet, a metaverse project, saw its shares jump after disclosing a $1.6 million Bitcoin purchase. (#metaverse, #Metaplanet, #bitcoinadoption) 5. Ethereum Staking Update: News: The amount of staked Ethereum (ETH) on the Beacon Chain reached a new high, indicating growing confidence in Ethereum 2.0. (#Ethereum , #ETH , #staking )

This week’s TL;DR topics: Hamster Kombat Hype $2B BTC ETF Inflow last week GameStop Price Drop Coinbase VS anti-crypto politicians BRICS VS the US Dollar Robinhood to buy Bitstamp Stake Nibiru and earn up to 80% APY Check Amigo - AI Marketing Assistant Try Bagoodex - AI-powered Private Meta Search Izzy Azalea's $MOTHER MemeCoin

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