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Jack Dorsey-Backed Initiative Donates $21M to Bitcoin Nonprofit Opensats to Bolster Development

According to the 501(c)(3) public charity Opensats, a nonprofit focused on supporting Bitcoin-related initiatives and efforts that contribute to Bitcoin’s success, Jack Dorsey’s philanthropic endeavor #startsmall has contributed $21 million to the organization. Bitcoin Development Nonprofit Opensats Receives $21M From Dorsey’s #Startsmall On May 3, Opensats disclosed receiving a $21 million contribution from Jack Dorsey’s […] from Bitcoin News https://ift.tt/RopyV5c
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Hugewin Crypto Casino: Redefining Cryptocurrency Gaming With Unrivaled Diversity and Unmatched Excitement

Hugewin Crypto Casino proudly announces its emergence as a groundbreaking force in the realm of cryptocurrency gaming, offering an unparalleled fusion of innovation, diversity, and excitement. With a comprehensive suite of games, a plethora of cryptocurrency options, and enticing promotions, Hugewin sets a new standard for online gaming platforms. Diversity in Cryptocurrency Options: Hugewin stands […] from Bitcoin News https://ift.tt/SNj5uAD
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Argentine Lower House Passes Cryptocurrency Legalizing Opportunity in Reintroduced Omnibus Law

The Argentine Chamber of Deputies passed a series of cryptocurrency tax opportunities for citizens holding undeclared assets in foreign countries as part of reintroducing the “Omnibus law.” The bill, which was dropped in February, has now been reintroduced and approved by the lower house and is expected to be discussed by the Senate in the […] from Bitcoin News https://ift.tt/5X6opL2
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Analyst: Gold and Silver Set to Rally Amidst a Collapse of the US Financial System

Egon von Greyerz, a former banker and gold analyst, claims that gold and silver are set for a price rally amidst an upcoming collapse of the U.S. financial system. Von Greyerz states that interest rates will exceed 10% in a hyperinflationary environment, fueled by the issuance of unlimited debt and the loss of trust in […] from Bitcoin News https://ift.tt/AN87Oid
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Report Reveals Hundreds of US Banks at Risk of Failure Amid High Interest Rate Environment

Following the dramatic bank failures last year and the recent collapse of Philadelphia’s Republic First Bank last week, an analysis by Klaros Group indicates that hundreds of U.S. banks are at risk of failure. The study reveals that smaller and regional banks are experiencing stress due to burdensome commercial real estate loans and the current […] from Bitcoin News https://ift.tt/RNw4F3P
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JPMorgan: Retail Investors Drive Selloff in Both Crypto and Equity Markets

JPMorgan has highlighted a significant increase in selling and profit-taking across equity and crypto markets, driven largely by retail investors. The global investment bank also observed institutional momentum traders and quantitative funds reducing positions, particularly in stocks, bitcoin, and gold. Insights on Market Trends by JPMorgan JPMorgan, a global investment bank, has provided insights on […] from Bitcoin News https://ift.tt/pQyOCGF
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Zksnacks to Cease Coinjoin Transactions, Affecting Wasabi, Trezor and Btcpay

On Thursday, Zksnacks, the developer behind Wasabi Wallet, announced its decision to cease its coinjoin services following regulatory measures in the U.S. The company stated that the wallet will now operate as a standard non-custodial bitcoin wallet without the coinjoin feature. Zksnacks Withdraws Coinjoin Feature from Wasabi Wallet Following intensified regulatory scrutiny in the U.S., […] from Bitcoin News https://ift.tt/owBKWH7
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