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With cryptocurrency markets on the rebound and important US economic data releases on the horizon, meme coins are taking center stage as potential investment opportunities. Bitcoin may be trading in the upper $62,000s, but meme coins like Dogecoin, Shiba Inu, and Pepe are capturing the attention of traders looking for the next big thing in
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Recently, Senators Cynthia Lummis and Ron Wyden raised concerns about the Department of Justice’s attempt to expand the definition of a money-transmitting business. They argued that the DOJ’s broad interpretation could potentially criminalize non-custodial crypto asset software services. This has sparked a debate on the implications of such a move. The Department of Justice’s argument
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Robinhood, the popular millennial trading platform, released its earnings report on May 8 and managed to surpass analyst estimates. The first-quarter results showcased record revenues of $618 million, marking a significant 40% increase year-over-year. Notably, revenue from cryptocurrencies saw an impressive surge of 232% to $126 million. This surge was largely driven by transaction-based revenues
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