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On Dec. 15, 2024,
XRP
hovers around $2.40 in a dance of buyers and sellers. Catch the latest #cryptonews and market insights! #XRP #CryptoMarket
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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When asked about the company's strategy on crypto moving forward, @Microsoft Executive Vice President Amy Hood recalled that more than a decade ago, Microsoft was one of the first companies to allow users to pay for their services using cryptocurrency. 💻💰 Underscoring the openness of Microsoft, Hood declared: "We’re among one of the first companies to realize and accept that, after hearing customers say, hey, is this a form of consideration that you would consider? And the answer was, of course." 🤝✨ Hood revealed that they will keep reviewing crypto as an asset class and explained that Microsoft's treasury team and its board of directors will continue to review all asset classes available to the company. 📊🔍 She explained that Microsoft's selected assets should help the company "to preserve capital, to allow for plenty of liquidity to be able to fund our operations, our partnerships, and our investments." 💼💡
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💊👦 Martin Shkreli @MartinShkreli, also known as "Pharma Bro" for his conviction linked to the healthcare industry, has called out MicroStrategy's co-founder and executive chairman, Michael Saylor, for his applied Bitcoin playbook. 💰📉 Saylor pioneered the idea of purchasing Bitcoin as a reserve asset for institutions. MicroStrategy's business model consists of amassing the largest amount of Bitcoin possible, even issuing debt to continue these purchases. 📊 For Shkreli, these actions will ultimately backfire on the company. In "Shkreli Planet," Shkreli's podcast, he heavily criticized Saylor's ideas. 🎙️ "This has got to end poorly, right? I think Saylor's insane; I think he's just drunk on this. You know, this is like a big bubble, and there's just no way this could end well," he stressed. 🚨💥
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🇷🇺 Alexander Babakov, Deputy Chairman of the Russian State Duma, recently called out President-Elect Trump's tariff threats as a bluff, stating that while it would be possible to apply these measures, it was unlikely due to the repercussions of such actions. 📰 In an opinion piece published on Izvestia, Babakov considered the high interdependence of today's globalized economy, the existence of alternative payment methods 💳, and the internal opposition that such a measure would garner would hinder Trump's initiative. 💰 In his tariff statement directed to the BRICS, Trump argued that this tariff regime would be applied only if these countries created a new currency 💱 and decided to abandon the U.S. dollar. Babakov countered this idea, stating that a single currency was not necessary for the future of the bloc, and that a multilateral payment platform 🌐 would help reach the same goal.
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The @pumpdotfun livestream craze took crypto by storm, pairing easy #coincreation with live-streamed hype to turn attention into money. While the frenzy has cooled, its impact on the crypto space lingers.
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🍌 The recent lawsuit filed by Bit Global, the new maintainers of the WBTC protocol, and the largest U.S.-based crypto exchange Coinbase, originated a series of discussions between Justin Sun and Paul Grewal, the exchange's chief legal officer. ⚖️💼 On social media, Bit Global-linked Justin Sun engaged Grewal on the statements that Coinbase CEO Brian Armstrong had issued on the standards the exchange followed to list assets on its platform. 🗣️📈 Referring to these remarks that alleged Coinbase's goal was to "list every asset where it is legal to do so," Sun told Grewal: "It seems that Coinbase’s CEO doesn’t agree with your perspective. Who has the final say at Coinbase?" 🤔💬
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