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Kyle Samani, founder of Multicoin Capital, said in a recent Solana investment paper that Solana is the leading public blockchain supporting internet capital markets. In addition, Solana as a technology can outperform major traditional finance (TradFi) players on core performance metrics such as latency (including NYSE, NASDAQ, CME, JPM, Goldman Sachs, and Morgan Stanley in financial marekt, as well as Visa and Mast in payments).
In his inaugural address on January 20, Trump said he would direct his cabinet to combat record inflation, and today he will also declare a national energy emergency because the inflation crisis is caused by massive overspending and rising energy prices.
TikTok leadership said in an internal memo that it plans to continue paying U.S. employees even if the U.S. Supreme Court does not overturn laws that force the sale of U.S. TikTok or ban TikTok in the U.S. TikTok has 7,000 employees in the U.S., according to market sources.
A cryptocurrency enthusiast stated in a recent video that the California Department of Motor Vehicles (DMV) has digitized the ownership of 42 million cars on Avalanche. Additionally, the California DMV will also launch a dedicated chain on Avalanche to streamline the vehicle ownership transfer process for its more than 39 million residents.
JPMorgan Chase (JPM) said in a research note last week that any short-term rally in the cryptocurrency market is likely to be tactical rather than the start of a new long-term bullish trend. The bank said this is because the price of Bitcoin (BTC) is currently too high relative to its $43,000 production cost, and also too high relative to its volatility-adjusted price of gold ($53,000). As of press time, Bitcoin is trading at around $67,220. JP Morgan pointed out that due to Gemini's debt...
In its latest market analysis, 10x Research said that Bitcoin is often subject to changing narratives, rumors, and speculation and can quickly adjust its value based on new information. Bitcoin has rallied significantly by 10% since last Friday. What initially appeared to be an oversold rally evolved into a breakout from a clear downtrend. Our key level ($61,133) was surpassed, marking a shift in market sentiment from bearish to bullish. So...
