Ted Cruz (R-TX) – a crypto-supportive Republican senator – believes a US Central Bank Digital Currency (CBDC) is likely to become a reality. The politician believes both the Federal Reserve and the White House currently want one, and that the Democratic party won’t vote against its issuance. In an interview published by What Bitcoin Did on Friday, Cruz discussed the current political climate surrounding crypto. In general, the senator believes Democrats are more opposed to the industry than Republicans, due…
Tag: Forbes
Over 50% of all BTC Trades on Exchanges are False: Forbes Report
A recent Forbes study of 157 crypto exchange platforms claims over half of all operations involving king crypto BTC are fake. Wash Trading One of Bitcoin’s Worst Criticisms Since the inception of the crypto space, Bitcoin has retained its position as the world’s leading digital asset. With a market cap nearing $400B the token comprises a noteworthy ~40% of the $1T global market cap of all cryptocurrencies. BTC has begun to experience rising levels of institutional adoption. With more than…
3 months ago 
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Binance Invests Millions of Dollars in Forbes SPAC Merger
Binance is on the verge of acquiring $200 million in Forbes stakes, as it touts the magazine publisher as an essential tool for web 3.0 Binance will merge with the blank-check company Magnum Opus in a $400 million takeover deal. Forbes will list on the New York Stock via SPAC as FRBs in the coming months. Binance SPAC Merger Major crypto exchange Binance will invest about $200 million into Forbes to ease a special purpose acquisition purchase (SPAC) of the…
10 months ago 13.1 k
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