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Coinbase Claims FDIC is Blocking Banks from Working with Crypto Companies 👎🏻 #Coinbase ’s Chief Legal Officer, Paul Grewal, alleges that the #FDIC is pressuring banks to delay or halt services for crypto companies through “pause letters” obtained via a Freedom of Information Act request. Grewal argues that this move is part of a broader regulatory effort resembling “Operation Chokepoint 2.0,” aiming to restrict crypto industry growth by limiting access to traditional banking, rather than banning it outright. This strategy may drive crypto firms to seek financial alternatives abroad, raising concerns about a potential “crypto cold #war ” in the U.S. What do you think about this? 🤔 If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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MATR1X Web3 Platform Reaches New Milestones and Announces Major Upcoming Updates 🚀 #MATR1X , a Web3 entertainment platform, recently released key ecosystem data and milestones on its official X platform. The data highlights impressive growth, including over 3.54 million registered users, 4.7 million downloads of the #MATR1XFIRE game, and 5.5 million wallet addresses, with total transactions exceeding 138 million and NFT trading volume surpassing 55,000 ETH. The platform’s social media following has grown to over 1.4 million, with community members on Discord and Telegram exceeding 300,000. Upcoming #updates promise to enhance user experience with features like third-party authorization for integrated products, an ERC1155 NFT/USDT consignment system, an upgraded account system linked to decentralized identities, and a staking system for $MAX. MATR1X also plans to enrich in-game dynamics with a player marketplace, new maps, modes, communication tools, and optimized matchmaking. It’s a 100% bullish for all the gamers out there! If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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Midnight Evergreen Unveils “The Evergreen” Gaming Platform on Aptos Blockchain 🤩 Midnight Evergreen Technologies has launched The #Evergreen , a groundbreaking publishing platform aimed at reshaping the AA game industry through a deconstructed #MMORPG framework. This platform will host interconnected games with ongoing player progression and diverse gameplay across various genres and platforms. The first title, The Evergreen: Midnight Market, combines risk-and-reward gaming mechanics with the security and scalability of Aptos’ blockchain, promoting a decentralized, player-driven economy. This Web3-powered game, in partnership with the #Aptos Foundation, promises immersive experiences and asset interoperability, placing players at the core of an evolving gaming universe. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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NFT Sales Drop 36% in October as Market Slows, But Buyer Interest Shows Signs of Hope 🚀 October #NFT sales continued to decline, falling 36% to $361 million after a steep September drop. Ethereum-based NFTs led with $120 million, followed by Bitcoin and Solana, which saw lower but substantial sales. Mythos’ Dmarket defied the trend, #surging by over 3,000% to $37.1 million in sales, while notable collections like Guild of Guardians and Bitcoin Puppets saw mixed performance. Despite declining transaction volumes, a rise in the number of buyers suggests possible market stabilization. October’s most #expensive NFT sale was an Uncategorized Ordinal at $4.55 million. Overall, cautious optimism remains as buyer activity increases, hinting at potential resilience in the market. What do you think? 🤔 If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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Key Principles for Bitcoin Treasury Management by MSTR 💯 MicroStrategy founder Michael Saylor described MSTR’s relationship with Bitcoin as a strategic partnership, underscoring the synergy between the two. These nine #principles outline $MSTR’s strategy for managing Bitcoin as a key asset: 1. Long-term Bitcoin Holding: Securely hold BTC indefinitely. 2. Focus on Stock Value: Enhance the long-term value of MSTR stock. 3. Investor Respect: Ensure transparency and consistency for all investors. 4. Intelligent Leverage: Use leverage to maximize BTC performance. 5. Continuous BTC Acquisition: Acquire BTC while aiming for positive yield. 6. Growth Approach: Pursue responsible growth, adapting to market conditions. 7. Innovative Financing: Issue BTC-backed fixed-income securities. 8. Balance Sheet #Integrity : Maintain a strong, healthy balance sheet. 9. Global BTC Adoption: Support Bitcoin’s use as a treasury reserve asset. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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