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🚀 Who Let The DOGE Out!!
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🚀 Who Let The DOGE Out!!
Also, have you respected the pump today?
Is this Alt Szn? Everyone is talking about GameStop (GME) and how a bunch of small-time investors are cooperating to beat giant shorts on the company's stock price.
Well, it turns out that in Traditional Finance, this leads to trade restrictions on centralized platforms, and hearings from the US Congress.
Users of certain brokerage apps has reported that they were forced to close or sell their GME positions without their consent.
Many say this will be a turning point for the finance industry and become the catalyst for DeFi to grow even further.
What do you think?
In today's news, Dogecoin gets pumped, the Graph is targeting other blockchains, and Coinbase is getting listed.
Have a great weekend ahead! | | |
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| | When you donate crypto, neither you nor the charity pay taxes on it. That's why we made it easy for HODLers to donate crypto, delivering more money to the charities, and less to the IRS. Here's how it works: Donate crypto to an amazing charity at TheGivingBlock.com then, Buy that same crypto position back with your USD.
Viola! You just supported a charity and erased your capital gains taxes. Go to TheGivingBlock.com to learn more.
Donate crypto, lower your taxes. | | The Graph is Expanding to Other Networks After officially launching on the Mainnet a month ago, the Graph (GRT) is looking to expand their presence in the blockchain industry.
Expansion plans include integrating with other layer-one blockchains such as bitcoin (BTC) and Polkadot (DOT).
The indexing protocol currently organizes all the information on the Ethereum blockchain and allows developers to efficiently run their frontend operations. TheBlockCrypto | | Coinbase guns for Direct Listing Coinbase plans to list this year after submitting their Form S-1 registration statement to the United States Securities and Exchange Commission.
Unlike conventional IPOs, Coinbase has filed for a direct listing where they would not offer new shares but instead sell existing shares directly to the public.
The centralized exchange first disclosed its intent to go public in December 2020 by submitting a draft registration with the SEC. CoinTelegraph | | WallStreetBets spillovers into DOGE After a whirlwind of GME-related events, a trader from the reddit group, r/Wallstreetbets has apparently brought their memes to crypto.
An anonymous Twitter handle named WSB Chairman, tweeted the following: "Has Doge ever been to a dollar?"
Over the span of 24 hours, Dogecoin has reached the height of $0.078, breaking the previous ATH by more than 500% at one point. CoinDesk |
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| | | | Open/CloseThe price at which a cryptocurrency opens at a time period, for example at the start of the day; the price at which a cryptocurrency closes at a time period, for example at the end of the day.
In general, these terms were more useful in traditional financial markets as there are fixed hours of the day in which trading occurs. Learn about other Crypto terms here | | | |
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