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Grayscale expands asset considerations with 36 new cryptocurrencies including Dogecoin
Grayscale expands asset considerations with 36 new cryptocurrencies including Dogecoin

Share link:In this post: Grayscale has updated its list of assets under consideration with 36 new crypto projects including Dogecoin and Arbitrum. Kaspa is the only currency on the list and its token is up more than 4% in reaction. Grayscale is launching multiple crypto investment products in a bid to provide more exposure for investors.

Cryptopolitan·2024/10/12 16:51
El Salvador accepts offers for debt repurchase totaling $940 Million
El Salvador accepts offers for debt repurchase totaling $940 Million

Share link:In this post: El Salvador has begun buying back its sovereign bonds that are due between 2027 and 2052. The South American nation has provided requirements that should be met to aid the debt buyback from bondholders. Nayib Bukele continues to receive criticism for making Bitcoin a legal tender in El Salvador.

Cryptopolitan·2024/10/12 16:51
Hamster Kombat denies its relationship with Gotbit
Hamster Kombat denies its relationship with Gotbit

Share link:In this post: Hamster Kombat clarifies that it has never worked with Gotbit as a market maker. Reports show that the HMSTR CEO has been arrested in ties to Gotbit Consulting. Investors have called out the HMSTR team for denying collaboration with Gotbit after an official post made in April of this year.

Cryptopolitan·2024/10/12 16:51
How high can Ripple’s XRP go if the SEC Approves an XRP ETF?
How high can Ripple’s XRP go if the SEC Approves an XRP ETF?

Share link:In this post: Bitwise registration of an XRP investment instrument in Delaware at the beginning of October has investors waging on an XRP ETF in 2025. Ripple Labs and the US SEC are going back to court over XRP sales. A change in the US President or SEC administration could be critical for XRP’s ETF progress.

Cryptopolitan·2024/10/12 16:51
Flash
05:56
Ackman: Software vendors must be as fully equipped with AI capabilities as possible
Golden Ten Data June 4 | US software stocks have suffered declines this year. Hedge fund manager Bill Ackman, known as the "Wolf of Wall Street", said in a podcast program that very careful analysis is required for related companies, and added that he is concerned about companies like Salesforce. Now, as a software company, it is essential to have comprehensive AI capabilities. In the past, some cases existed where near-monopoly profits were extracted from clients, such as someone developing a niche software product and being able to charge about $30,000 per year per client. These kinds of companies are truly facing risks now.
05:55
Arthur Hayes: I have sold all my HYPE and NEAR holdings, and will explain the reasons in detail in next week’s article.
BlockBeats reported that on June 4, Arthur Hayes posted on social media stating that he has just closed all his HYPE and NEAR positions. The specific reasons will be explained in the article "Reality Check" to be published next Tuesday. In short: · The Iran war and inventory restocking have led to rising energy prices · From now until the beginning of the third quarter, three major AI projects will go public through IPO · Predicts that Trump will turn against AI to help the Republican Party win the midterm elections · Believes the market peak will occur sometime between now and September · It's time to take profits
05:52
The effect of the Reserve Bank of Australia's rate hike is beginning to show, and the real estate market has started to cool down.
Golden Ten Data reported on June 4 that Reserve Bank of Australia (RBA) Governor Bullock stated that the RBA has observed signs indicating its rate hikes are beginning to take effect in the economy and reiterated that the Monetary Policy Committee will take necessary measures to achieve its objectives. The RBA has raised interest rates at all three meetings this year, bringing the benchmark rate back up to 4.35% in an effort to curb resurging inflation. Bullock expressed concern about the risk of second-round inflation effects arising from energy shocks triggered by Middle East conflicts. Bullock noted that one of the channels through which rate adjustments tend to have a swift impact is the property market, where conditions have already eased somewhat, partly reflecting tighter monetary policy. Money markets expect the RBA to hold rates steady at the June meeting, with about a 50% probability of another rate hike in August, while the likelihood of a hike in December has been fully priced in.
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