WCR

Weekly Crypto Reading

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Weekly Crypto

September 08, 2024 Weekly: Latest Updates and Insights Binance Bans Former CEO CZ for Life From Managing the Exchange but There’s a Catch: Binance’s former CEO, Changpeng Zhao (CZ), has been permanently banned from holding any key positions within the exchange following his release from prison on September 29. Although he cannot manage the company […]

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Printed September Calendar Paper Surrounded by Dried Flowers

Weekly Crypto

September 01, 2024 Weekly: Latest Updates and Insights Pavel Durov’s Arrest in France: A Controversial Detention: Pavel Durov, the CEO of Telegram, was arrested in France amid allegations that his platform facilitated illegal activities, including the distribution of child sexual abuse material and drug trafficking. Durov has criticized the arrest as misguided, arguing that authorities

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Weekly Crypto

August 25, 2024 Weekly: Latest Updates and Insights Telegram CEO Pavel Durov Arrested, TON Price Plummets: Pavel Durov, CEO of Telegram, was arrested in France due to a warrant related to the platform’s insufficient moderation and lack of cooperation with law enforcement regarding a complaint from France’s OFIM. Following the news, the price of TON

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Weekly Crypto

August 18, 2024 Weekly: Latest Updates and Insights US Economic Indicators for July 2024: In July 2024, the US reported a seasonally adjusted core Consumer Price Index (CPI) increase of 0.2%, aligning with expectations and up from a previous value of 0.1%. The unadjusted CPI year-on-year rate stood at 2.9%, slightly below the anticipated 3.0%,

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Weekly Crypto

August 11, 2024 Weekly: Latest Updates and Insights Russia Legalizes Cryptocurrency Mining: Russian President Vladimir Putin has signed a law legalizing cryptocurrency mining in Russia, introducing new concepts such as digital currency mining, mining pools, and mining infrastructure operators. The law grants mining rights to Russian legal entities and individual entrepreneurs included in a register,

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Weekly Crypto

August 04, 2024 Weekly: Latest Updates and Insights Traders Brace for Fed’s Rate Policy Outlook: As the Federal Reserve’s July policy meeting approaches, investors are shifting their focus from immediate interest rate decisions to potential signals for rate cuts in September. Market participants expect the Fed to maintain its current rate while closely monitoring statements

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Weekly Crypto

July 27, 2024 Weekly: Latest Updates and Insights Ethereum ETFs Attract $107 Million in First Day of Flows: James Seyffart has reported that Ethereum ETFs garnered $107 million in inflows on their first full day of trading. This significant interest highlights the growing demand for Ethereum investment products in the cryptocurrency market. U.S. Q2 GDP

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Weekly Crypto

July 21, 2024 Weekly: Latest Updates and Insights SEC Approves Trading for Ether ETFs Starting July 23: The SEC has informed issuers of spot Ether exchange-traded funds (ETFs) that they can begin trading on July 23, following the submission of amended S-1 documents. This announcement has led to a surge in Ether’s price, with expectations

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Weekly Crypto

July 14, 2024 Weekly: Latest Updates and Insights U.S. June Unadjusted Core CPI Annual Rate Announced at 3.3%, Below Expectation: The U.S. Bureau of Labor Statistics announced that the unadjusted annual core CPI rate for June 2024 was 3.3%, lower than the expected 3.4% . This marked a slowdown in the pace of core inflation, which excludes

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Real-World Assets (RWAs) Revolutionizing Decentralized Finance (DeFi)

The tokenization of real-world assets (RWAs) is rapidly reshaping the landscape of decentralized finance (DeFi). By converting tangible assets like real estate, art, and financial instruments into digital tokens, RWAs bridge the gap between traditional financial markets and the blockchain ecosystem. This integration unlocks new opportunities for liquidity, accessibility, and financial inclusion while also presenting

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