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The Daily Hodl

  • Ripple Lawyer Says SEC’s Gary Gensler Should Be Barred From Voting on Crypto Enforcement Actions

    • March 1, 2023
    • Posted by: MasterAdmin
    • Category: The Daily Hodl
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    Ripple chief legal officer Stuart Alderoty thinks Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), should recuse himself from voting on future crypto enforcement cases.

    Gensler has recently made claims that all crypto assets besides Bitcoin (BTC) are securities, with promoters trying to bypass US regulators and investors expecting profits.

    Alderoty cites the case Antoniu v.…

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  • Ethereum Altcoin Project Goes Wild as Whale Initiates Huge Crypto Transfer From Binance

    • March 1, 2023
    • Posted by: MasterAdmin
    • Category: The Daily Hodl
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    The native token of a decentralized finance (DeFi) protocol surged by more than 50% on Monday as one crypto whale pounced on the asset.

    TrueFi (TRU), a DeFi protocol that supports uncollateralized lending, shot up from trading around $0.0692 on Monday to a high of $0.1039 later in the day.

    The Ethereum (ETH)-based DeFi altcoin has since retraced to around $0.0841 at time of writing, though it remains up 19% in the past 24 hours.…

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  • Macro Guru Lyn Alden Says Bitcoin (BTC) in ‘Deep Value Zone’ at Current Prices – But There’s a Catch

    • March 1, 2023
    • Posted by: MasterAdmin
    • Category: The Daily Hodl
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    Macro expert Lyn Alden says that Bitcoin (BTC) is a “strong buy” at its current price but warns traders to keep in mind there may be volatility ahead.

    In a new interview with Swan Signal, Alden says that Bitcoin’s current value gives investors what may be a rare opportunity to accumulate the king crypto at such a price level.…

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  • Over $60,750,000,000 in Bitcoin Has Been Inactive for More Than a Decade: On-Chain Analyst Willy Woo

    • March 1, 2023
    • Posted by: MasterAdmin
    • Category: The Daily Hodl
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    Widely followed on-chain analyst Willy Woo says that millions of Bitcoin (BTC) have remained untouched for the past 10 years.

    Woo tells his one million Twitter followers that more than $60.75 billion worth of Bitcoin has not moved since 2013.

    “2.6 million coins right now haven’t moved in 10 yrs.

    Chainalysis estimated 3.7 million coins were lost (2020 study).…

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  • Algorand (ALGO)-Based Crypto Wallet Urges Users To Withdraw Assets After $9,600,000 Attack

    • March 1, 2023
    • Posted by: MasterAdmin
    • Category: The Daily Hodl
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    An Algorand (ALGO)-based crypto wallet that was recently hit with a nearly $10 million attack is now urging users to withdraw their digital assets.

    MyAlgo, a leading Algorand wallet gateway, tells its Twitter followers to withdraw any funds held in Mnemonic wallets.

    “IMPORTANT: We strongly advise all users to withdraw any funds from Mnemonic wallets that were stored in MyAlgo.…

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