Dogecoin’s (DOGE) market capitalization will fall to below $1 billion.
What Happened: Silbert said on Twitter that Dogecoin’s market capitalization is not worth its current market capitalization of $37 billion. Digital Currency Group is a venture capital company focused on the digital currency market and its subsidiaries include Grayscale Investments and CoinDesk.
it s going back to sub $1 billion
Silbert added that Dogecoin is the “ultimate momentum, gamble trade.” He believes that once this momentum is gone, the current holders of the altcoin will move to other coins and learn that “there are many other/better ways to make 10x” returns.”
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Biden Continues To Support Israel s Warcrimes
Diplomacy is back!
Well, it wasn t back for long.
Al Jazeerah
A third United Nations Security Council emergency meeting in a week – amid the deadly Israeli offensive in Gaza – has again ended with no concrete outcome after
the United States blocked a joint statement calling for an immediate ceasefire between Israel and Hamas.
But:
Washington Post
The bulk of the proposed sale to Israel, according to three people based on Capitol Hill familiar with the notification, is of Joint Direct Attack Munitions, or JDAMS kits that transform so-called “dumb” bombs into precision-guided missiles. Israel, which has purchased substantial quantities of JDAMS from the United States in the past, ..
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Fifty years after its birth, the Bank Secrecy Act along with the long-forgotten role it played in breaking open the Watergate scandal continues to have an increasing influence on the financial system.
On June 17, 1972, five men were arrested while burglarizing the office of the Democratic National Committee headquarters at the Watergate office building in Washington, D.C. The story of the ensuing Watergate scandal is well known. Careers were made. Careers were broken. Countless books and movies document its enormous impact on our political landscape.
What’s lost to time, however, and perhaps realized by only a select few within the financial sector, is that the Watergate scandal marked a public debut of sorts of the laws commonly known as the Bank Secrecy Act (BSA). And with that debut, the term “money laundering” came into common parlance.
Digital Currency Group backs South Korean crypto exchange operator Streami, the company behind the popular GOPAX exchange, has received direct funding from Digital Currency Group. 9062 Total views News
Digital Currency Group, the venture capital firm behind some of the biggest companies in blockchain, has become the second-largest shareholder of Streami, a leading cryptocurrency exchange operator in South Korea.
Barry Silbert, founder and CEO of Digital Currency Group, explained his rationale for backing Streami:
“We expanded our investment in Streami because of their fantastic team and the incredible potential of the digital asset market in South Korea. Streami provides the critical foundation for this market to scale rapidly, and our investment will fuel its position as the most trusted digital asset platform in Korea.”
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