Monday Nov 4, 2024

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Your Weekly Update On All Things Crypto

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MACRO NEWS

President Biden Calls Nigerian PM To Secure Binance Executive Release...



On Tuesday, President Bola Tinubu engaged in a significant phone conversation with the U.S. President Joe Biden, covering a range of important topics.


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Bitcoin Crashes Below $70K As Presidential Elections Approach...



Bitcoin (BTC) saw its price rebound recently which brought it to $71,500 yesterday, but bears stepped in and pushed it down by about $2,000 to its current price of around $68,000.


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Gemini Enters Singaporean Market Through MPI License Approval...


Gemini, the cryptocurrency exchange established by Tyler and Cameron Winklevoss, has obtained preliminary approval for its Major Payment Institution license application in Singapore as part of its expansion efforts in Asia.


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UBS Finally Launches uMINT On Ethereum After Long Wait...


UBS, the largest private bank in the world, has officially announced the introduction of uMINT, which stands for UBS USD Money Market Investment Fund Token, a tokenized investment fund utilizing the Ethereum (ETH) blockchain.


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Kraken Announces More Layoffs As Part Of Restructuring Strategy...



On Wednesday, Kraken announced it will be laying off 15% of its workforce, equating to 400 jobs, as part of a corporate restructuring that includes a leadership change.


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Kiln And VanEck Partner Up To Provide Easy Solana Staking Capabilities...



VanEck is taking a significant step in enhancing its Solana investment strategy by partnering with Kiln, a digital asset rewards platform.


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FUNDRAISING ANNOUNCEMENTS

Crypto Fundraising October 22 - 28...



It has been an incredible week for companies around the globe in terms of securing funding to fuel their growth and innovation. Here are some of the latest investment highlights between October 22 - 28.

  

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CONTENT OF THE WEEK

Bitcoin Election Dip INCOMING! Make Sure To Do THIS! BTC TA

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Michael Saylor Celebrates Bitcoin Whitepaper Day with $42B in BTC Buy Plans

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Crypto company Consensys cuts 20% of workforce, citing regulatory uncertainty: CNBC Crypto World

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.