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Dimitar Dzhondzhorov



Articles by Dimitar Dzhondzhorov

Ripple’s Co-Founder Praises the UK as a Tech Leader

12 hours ago

Chris Larsen – Co-Founder and Executive Chairman of Ripple – applauded the United Kingdom for turning into a financial and technological hub that aids the advancement of different innovations.
The ongoing regulatory uncertainty in the United States and the lawsuit between the crypto company and the US SEC have prompted Ripple to expand globally. The UK has been among the destinations with the most open roles.

Putting the UK on a Pedestal
Larsen retweeted a post by Jeremy Hunt (Chancellor of the Exchequer of the UK) where the latter described the nation as “Europe’s Silicon Valley – a tech and creative industries powerhouse.” Ripple’s Executive Chairman also expressed gratitude to Hunt for staying in charge of that mission.

The UK has, and will continue to be a home for

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Shiba Inu Adoption: Texans Allowed to Pay Their Solar Panel Bills in SHIB

15 hours ago

The residents of Texas can now settle their solar panel bills in various cryptocurrencies, including the popular memecoin Shiba Inu (SHIB). 
Numerous analysts have previously argued that mass adoption is among the essential factors in increasing the price of the coin.
Paying Bills in SHIB
The offering became available after the blockchain payment system FCF Pay partnered with Chariot Energy (a solar energy company based in Houston, Texas). Locals are allowed to use hundreds of crypto assets, such as Shiba Inu, by following three simple steps.
They need to select the aforementioned firm as the payee and fill in their billing information (name, email, and residential address). Lastly, individuals need to confirm the details and send the necessary payment. 
FCF Pay clarified

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Pro Ripple (XRP) Lawyer Baffled With This Latest SEC Decision

18 hours ago

John E. Deaton – a US attorney who represents thousands of XRP investors in the lawsuit between Ripple and the SEC – criticized the agency for one of its latest moves. 
Specifically, the regulator opposed a reorganization plan presented by Coinbase, according to which customers of the now-bankrupt crypto lender Celsius Network could be reimbursed for their losses.
The SEC has Turned Into a ‘Threat to Retail Investors’
The leading cryptocurrency exchange Coinbase recently displayed intentions to engage with the former crypto giant Celsius Network, aiming to distribute digital assets back to the latter’s users. However, the SEC raised concerns about a restructuring plan that will see the marketplace providing brokerage services.
Recall that the watchdog filed a lawsuit

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Max Keiser Calls Ripple (XRP) Centralized Fiat-Shitcoin: CTO Retaliates

2 days ago

David Schwartz – Chief Technology Officer of Ripple – involved himself in a dispute with the American broadcaster and filmmaker Max Keiser. 
The latter described XRP as a “centralized fiat-shitcoin.” In the following lines, we will outline Schwartz’s reaction to that claim and his opinion on other speculations surrounding the blockchain enterprise and its native coin.
XRP is Not Designed to Benefit the Elite Holders
Schwartz took it to X (Twitter) to counter-attack on the recent bashing manifest that reached XRP (led by Bitcoin advocate Max Keiser). Ripple’s CTO argued that the token is not created to enrich and empower only the top 1% of people controlling the XRP system. 
“XRP empowers anyone who wants to use the ledger to track the ownership and exchange of assets… I

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Pro-XRP Lawyer Expects a Bull Run for Bitcoin in October

2 days ago

John Deaton – an attorney representing thousands of Ripple investors involved in the legal battle against the US Securities Exchange Commission (SEC) – believes the price of bitcoin might thrive next month.
Most analysts have recently predicted that BTC could indeed skyrocket in the future, but not before the halving scheduled for the spring of 2024.
‘October is Going to be Nuts’
Deaton retweeted an X post coming from the US lawyer Joe Carlasare. The latter assumed that October would be a highly successful month for Bitcoin, and he “can’t wait for it.” 

I agree with Joe https://t.co/33Qwg82ZCE
— John E Deaton (@JohnEDeaton1) September 23, 2023
He suggested that one factor prompting volatility for the asset’s price will be the news surrounding BlackRock and all the

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Here is When Ripple (XRP) Price Could Explode: Speculation

4 days ago

The blockchain researcher, going by the name Collin Brown on X (Twitter), assumed that the price of Ripple’s native token – XRP – could be poised for a massive increase after September 28.
In the following lines, we will explain what could trigger the surge and touch upon some of the latest predictions by analysts and experts.
XRP to Surpass $10?
Collin Brown claimed that there is serious speculation around Ripple’s possible intentions to file for an initial public offering (IPO). According to him, “the big day” for that move might be as early as September 28.
The researcher maintained that experts forecast a 20x surge in XRP’s price should the crypto company set this plan in motion.

🚀 Ripple (XRP) IPO Buzz 🚀
Rumors are swirling about a potential game-changing IPO, with

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XRP Holders Airdrop Updates: Here’s What You Need to Know

5 days ago

The Japanese cryptocurrency exchange GMO Coin, which operates under the umbrella of the IT giant GMO Internet Group, vowed to distribute SGB tokens to certain XRP investors by the end of this month.
In the following lines, we will outline the exact amount of distribution each investor should expect, as well as other essential details of the initiative.
More Clarity on the Handouts
According to a recent coverage, each eligible XRP investor will receive the yen equivalent of 0.1511 Songbird tokens (SGB) for every 1 XRP held as of December 12, 2020 (the day when the US SEC filed a lawsuit against Ripple, accusing it of breaching securities laws).
GMO Coin previously explained that those who wish to take advantage of the offering should send a snapshot of their possessions.

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This is the Silliest Speculation About SHIB, According to LUCIE

5 days ago

Shibarium’s Marketing Strategist, using the X (Twitter) handle LUCIE, claimed they are not paid to post articles endorsing Shiba Inu (SHIB) and its surrounding developments.
A ‘Stupid Rumor’
LUCIE outlined that assumption as “the silliest stupid rumor” about SHIB. They claimed the memecoin gets mentioned because people have displayed huge interest in it and not because of financial motives. 
Shibarium’s Marketing Strategist also advised crypto investors to keep at least 10 million SHIB tokens (worth around $73 at current pricing) in their wallets “for good luck,” predicting that the asset’s adoption and growth are about to rise.
Subsequently, LUCIE rejected the speculation that the lead developer of Shiba Inu – Shytoshi Kusama – spreads misleading articles across the SHIB

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Ripple (XRP) to Skyrocket 180% if it Surpasses This Key Level: Crypto Analyst Claims

6 days ago

The popular cryptocurrency analyst using the X handle EGRAG CRYPTO believes Ripple’s native token has a chance to skyrocket to $1.40.
The asset needs to close above a certain level “with undeniable confirmation” for this to happen. In the following lines, we will take a closer look at the exact conditions.
XRP Has a Chance for a ‘Meteoric Rise’
EGRAG CRYPTO presented a chart depicting XRP’s current valuation and possible expansion should it enter a green bullish area. The analyst argued that if the token closes above the Fib 0.5 level at 0.57C “with undeniable confirmation,” the community can witness a spike to as high as $1.40.
Still, such a scenario won’t be possible should XRP remain in the “ranging” zone or plummet to a “wicking” and “red flag” territory.

#XRP Color

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Is Shiba Inu (SHIB) on the Verge of a Bull Run?

6 days ago

Shibarium’s Marketing Strategist, going by the handle LUCIE on X (Twitter), is among the people who believe the price of Shiba Inu (SHIB) will soon head north.
Previously, the developer urged investors to ignore media propaganda and fake news (also known as FUD) and keep their trust in the memecoin’s future advancement.
‘SHIB Represents the People’
LUCIE’s most recent X post was focused on Shiba Inu’s native token, specifically its chances to skyrocket in the foreseeable future. 
They believe SHIB will enter a bull run since it speaks for the “goodness” which eventually “prevails.” In addition, the developer argued that the memecoin is fully decentralized and “represents the people.”

My affirmation: I believe $SHIB will kick off a bull run!
I’m confident because goodness

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Shibarium’s Real Growth is Just Beginning, Shiba Inu Developer Says

6 days ago

Shibarium’s Marketing Strategist, going by the handle LUCIE on X (formerly known as Twitter), believes the layer-2 scaling solution has so far been a major target of so-called “hype” investors.
As such, they assumed the project was is poised to prosper once “serious” investors shifted their focus on it.
Time for a ‘Real Growth’
LUCIE took it to X to urge “serious” investors to consider entering Shibarium’s ecosystem since the ones who were “merely seeking a quick pump” have already moved on.
The Marketing Strategist thinks this is a pivotal moment for the network, after which “real growth” is about to follow. They also assumed that the following popular memecoins – SHIB, BONE, and LEASH – will benefit from Shibarium’s potential development.

It’s time for serious investors

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ImmutableX (IMX) Explodes 35% Daily: Here’s Why

6 days ago

The price of the native token of the layer-2 scaling solution Immutable X – IMX – has skyrocketed by over 35% in the past 24 hours.
The reason behind the impressive increase remains unknown. However, Lookonchain observed that some investors had accumulated substantial amounts of the asset.
IMX has recently jumped above $0.76, a valuation last seen at the beginning of August. The coin slightly retraced in the past few hours and currently stands at around $0.71 (per CoinGecko’s data).
IMX Price, Source: CoinGeckoWhile the exact factors boosting the price remain undiscovered, the Web3 data analysis tool Lookonchain outlined that several Upbit wallets gobbled up millions of dollars worth of IMX.

1/ The price of $IMX skyrocketed by 35% today.
We noticed that #Upbit wallets

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Ripple (XRP) Becomes the Top Traded Altcoin on US Crypto Exchanges

6 days ago

The native token of Ripple – XRP – has topped another recent ranking by becoming the most traded alternative coin on US-available cryptocurrency exchanges this year.
The asset and its surrounding developments have been among the trendiest topics in the crypto community lately, possibly playing a role in the increased trading volume. 
Leaving DOGE and SHIB Behind
According to Kaiko’s analyst Dessislava Ianeva, cumulative trade volume in 2023 involving XRP has soared to $30 billion. It is worth mentioning that the research covers only transactions conducted on US-based crypto exchanges. 
Cumulative trade volume generated from operations with Solana (SOL) ranked second, while Litecoin (LTC) is third.
The popular memecoin Dogecoin (DOGE) was placed fourth, accounting for less

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Bearish Sign? ETH Addresses Holding Over 1,000 Coins Plunge to a 5-Year-Low

7 days ago

Despite Ether’s significant price rally since the beginning of the year, there has been an evident downtrend in terms of investors holding over 1,000 ETH. 
Based on a Glassnode analysis, the total number of Ethereum addresses owning 1,000 or more ETH has dropped to a 5-year-low of 6,082. 
In comparison, there were over 8,000 such wallets in 2019 when the US dollar valuation of the second-biggest cryptocurrency by market capitalization was hovering between $100 and $300.

📉 #Ethereum $ETH Number of Addresses Holding 1k+ Coins just reached a 5-year low of 6,082
View metric:https://t.co/iDNXAbbLRt pic.twitter.com/gmGccZb3e5
— glassnode alerts (@glassnodealerts) September 19, 2023
The most recent figures could signal that large ETH investors have dumped some of their holdings

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XRP Holders to Receive a Unique Airdrop from This Japanese IT Giant

7 days ago

GMO Coin – a cryptocurrency exchange operating under the umbrella of the Japanese IT behemoth GMO Internet Group – will distribute Songbird (SGB) tokens to eligible XRP users.
The airdrop is scheduled to reach customers by September 29, 2023.
Benefiting XRP Owners
The Japanese organization explained that the offering will reach those clients who have held amounts of Ripple’s native token in GMO Coin accounts after December 12, 2020.
“Customers using crypto asset lending services are also eligible,” the exchange added.
Those willing to take advantage of the airdrop should send a snapshot of their XRP holdings, whereas the standard price used for the distributions will be disclosed at a later date. Currently, SGB is trading at around $0.0047 (per CoinGecko’s data).
GMO Coin

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Bullish Shiba Inu (SHIB) News: Shibarium Indicator Spikes by Over 530% in 24 Hours

7 days ago

The recently launched layer-2 scaling solution of Shiba Inu – Shibarium – continues to gain steam, witnessing transaction growth and achieving new milestones on a regular basis.
In the lines below, we will touch upon the latest development that occurred on the network.
Shibarium Saw a 530% Increase in Newly Verified Contracts
According to Shibariumscan data, the total number of newly verified contracts has skyrocketed by approximately 533% in a matter of 24 hours. Such contracts were only 3 on September 17, whereas the figure rose to 19 the following day.
New Verified Contracts, Source: ShibariumscanIn addition, verified contracts growth has tapped 416. In comparison, that number was only 55 at the start of September.
The L2 scaling solution, which went live at the end of

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3 Reasons Why Binance US Weekly Trade Volume Has Dropped by 99%

8 days ago

It is safe to say that Binance US – the American subsidiary of the world’s leading cryptocurrency exchange – has passed through turbulent times, witnessing considerable customer withdrawals and diminished trading volume in the past several months.
According to the market data provider Kaiko, weekly trade volumes on the platform have recently plunged to a mere $40 million (a 99% decrease compared to the nearly $5 billion registered in March when the crypto industry showed signs of revival). In the following lines, we will observe what factors led to this immense fall.
The SEC Lawsuit
While the weekly trade volume started dropping at the beginning of May, its temps significantly intensified once the US Securities and Exchange Commission (SEC) filed a lawsuit against Binance,

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Shiba Inu Team Explains Why People Should Stop ‘Fudding’ BAD Token

8 days ago

Shibarium’s Marketing Strategist, going by the name LUCIE on X (formerly known as Twitter), said the crypto community should keep its trust in the BAD token due to several essential reasons. 
Launched earlier this year, the native asset of Shiba Inu’s partner – BAD Idea AI – performed quite well during July and August before plummeting in the past several weeks. 

BAD is not a ‘Pump and Dump’
LUCIE believes people should stop spreading negative news about BAD since the community lacks “toxicity,” while the management team behind the token is “responsible” by organizing special sales for liquidity & listings.
They also assumed the coin has a “great potential for growth,” assuring it is not a “pump and dump” scheme. According to LUCIE, the collaboration with Shiba Inu is

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Will Ripple (XRP) Win Against the SEC? Popular Trader is Betting on It

8 days ago

The popular cryptocurrency analyst, going by the name “KALEO” on X (Twitter), is optimistic that the price of Ripple’s native token – XRP – will soar in the near future.
The forecast is based on the outcome of the lawsuit between the crypto firm and the United States Securities and Exchange Commission (SEC).
‘I’m Long XRP’
KALEO took it to X to outline that XRP’s valuation has recently found “solid support” after considerably dropping to its pre-July levels. Recall that the token skyrocketed by over 70% two months ago when a US Judge ruled that Ripple’s sale of XRP did not constitute an offer of investment contracts.
Somewhat expectedly, the SEC was not pleased with the court’s decision and formally appealed it at the beginning of September. KALEO, though, thinks that the

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Ripple (XRP) Traders Anticipate Higher Prices as Volume Soars 90%

9 days ago

The trading volume of the fifth largest cryptocurrency by market capitalization – XRP – has spiked by over 90% in the past 24 hours, whereas other indicators, such as the asset’s futures long/short ratio, have also headed north.
Those are considered bullish factors, indicating that traders believe the coin’s price could soon start rallying.
XRP on a Pole Position
The cryptocurrency market has shown signs of serious revival lately, with the prices of most assets spiking to weekly highs. Such is the case with Ripple’s native token – XRP – which surpassed the $0.50 level, reaching a 10-day peak.
According to CoinGlass, its trading volume (the total number of units exchanged between buyers and sellers over a particular period) has also surged considerably, being up more than

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With These 2 Achievements, Ripple Can Start Revolutionizing Tokenization: Expert

14 days ago

Ripple has secured some vital collaborations this year, including the deal with the Swiss-based crypto custody provider Metaco and the one with Fortress Trust (a financial institution focused on digital currencies).
According to some experts, those efforts could benefit the blockchain enterprise by allowing it to provide various services and opportunities to users.
Ripple Been Busy
One such individual who shares that stance is the Ripple enthusiast going by the name “WrathofKahneman” on X (Twitter).
They recently argued that due to securing the aforementioned partnerships, the crypto firm now possesses properties that could “build the infrastructure for exchanges, companies, wallets, and apps” to connect with banks and other financial institutions.
In addition,

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First Time in 8 Months: Ethereum (ETH) Addresses in Profit Plunge to 53%

15 days ago

According to the blockchain intelligence platform Glassnode, the percentage of Ethereum addresses currently in profit has dropped to approximately 53.5%. 
The downtrend is attributed to Ether’s market performance, whose price has fallen by approximately 13% in the past 30 days.
Glassnode estimated that the last time Ethereum addresses in profit dipped below 54% was on January 12, 2023. The percentage was even less towards the end of 2022 and the first few days of the ongoing year. 
On the other hand, the figure spiked above 70% in May when ETH was inching closer to the $2,000 price tag and in July when the second-biggest digital asset by market capitalization hit that milestone.
ETH Percent Addresses in Profit, Source: glassnode alertsMost recently, Ether’s valuation has

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This Will Increase Shiba Inu (SHIB) Price Over the Long Term: Community Expert

15 days ago

The pseudonymous X (Twitter) user “Shib Informer” believes that the price of Shiba Inu will go up once investors display a huge appetite for the memecoin. 
According to them, such a demand could be triggered by lowering the fees on Shibarium and increasing its utilization.
“Shib Informer” thinks that having “really low” transaction fees could attract developments where people could “utilize the ecosystem while having a little impact on their finances.”
“I really understand that people is impatient does not see SHIB moon. But they have to understand that attracting money to the ecosystem requires incentives for its utilization,” they added.
According to “Shib Informer,” burning tokens is essential and could play a role in a potential price increase of the memecoin’s price.

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Coinbase Disallows New Sign-ups in India (Report)

16 days ago

The leading cryptocurrency exchange – Coinbase – has reportedly disabled new customer sign-ups on its platform in India.
However, the company remains committed to the Asian country despite the recent rumors that it might pull out of the local market.
No More Sign-ups
According to a TechCrunch report, Coinbase has prohibited new sign-ups in India in June this year. A spokesperson of the firm shed more detail:
“We stopped allowing new user sign-ups on our exchange product in India back in June of this year. We maintain a robust tech hub in the country and offer live products, including our Coinbase Wallet. We are committed to India over the long term and continue to explore ways to strengthen our presence in this important market.”
The platform launched operations in India

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Not a Joke: Someone Paid $500K in For a $2,000 BTC Transaction

16 days ago

The crypto community on X (Twitter) was baffled recently after an anonymous Bitcoin user paid a whopping 19.89 BTC (over $500,000) in transaction fees to move just 0.074 BTC (worth less than $2,000 at current rates).
The payment went to the Bitcoin mining pool F2Pool that generated the valid block. The team behind the entity revealed that the transaction will be put on hold for three days in case the person or organization who conducted it wants to claim it back. Otherwise, it will be distributed across the BTC miners part of the pool.
According to Jameson Lopp – co-founder and CTO of the self-custody solution CasaHODL – the $500K transaction appears to be an exchange or payment processor with “buggy software”:
“They’ve received 60,000+ txns and sent 60,000+ txns from the

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Shiba Inu (SHIB) on the Verge of Hitting a Major Milestone

16 days ago

Data provided by Shibarium Explorer revealed that overall transactions on the layer-2 blockchain solution have reached almost two million.
Recall that the network built on Ethereum that aims to increase transaction speed, lower costs, and elevate Shiba Inu above its rivals went live approximately two weeks ago.
Shibarium Eyes a New Milestone
According to the entity, the exact total number of daily transactions on Shibarium (as of the moment) stands at 1,951,468.
The number of mined blocks has already surpassed the 500K milestone and is inching closer to 600,000, whereas the wallet addresses hit over 1.1 million and continue rising.
The aforementioned numbers come less than a month after the L2 scaling solution saw the light of day. It is considered a key part of a broader

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Coinbase Launches Crypto Lending Services to American Investors (Report)

21 days ago

The leading cryptocurrency exchange – Coinbase – has reportedly started offering crypto loans to US institutional investors. 
The move could signal the company’s willingness to strengthen its position in America despite the regulatory uncertainty and the issues with local watchdogs. Recall that the US SEC filed a lawsuit against Coinbase in June, accusing the trading venue of breaching several rules and offering trading services with unregistered securities.
Capitalizing on the Vacuum
Based on a recent Bloomberg coverage, the firm’s new offering is operated through an entity called Coinbase Credit. The source also informed that Prime customers have already distributed almost $60 million in the lending program. 
“With this service, institutions can choose to lend digital

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Cronos Launches the Recruitment Phase of its Accelerator Program

22 days ago

The Web3 startup accelerator that focuses on Decentralized Finance (DeFi) and blockchain games – Cronos Labs – said the recruitment phase of the Cronos Accelerator Program started on September 4. The entity has previously teamed up with numerous companies, including Google Cloud, Amazon Web Services (AWS), and PeckShield, to support the scheme’s launch.
The price of the native token of the ecosystem – CRO – briefly spiked by around 5% after news broke out before quickly falling to the valuation registered throughout the last few days. 
Anticipating a High Demand for the Third Cohort 
According to a document seen by CryptoPotato, the blockchain startup launched its third cohort for the Cronos Accelerator Program. The scheme aims to aid early-stage cryptocurrency projects by

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Spot Bitcoin ETF in America is ‘Inevitable:’ Former SEC Chair Claims

23 days ago

Jay Clayton – former Chairman of the US Securities and Exchange Commission (SEC) – thinks the regulator will sooner or later approve the launch of a spot Bitcoin exchange-traded fund (ETF). The agency recently decided to delay the applications of BlackRock and numerous other finance giants who displayed ambitions to introduce such a product.
Clayton believes that “we could see progress in the following 45 days” (the period after which the watchdog is expected to announce its decision once again).
Spot Bitcoin ETF – ‘Inevitable’
The latest individual to give his two cents on the trendy spot BTC ETF topic is Jay Clayton (an American attorney who served as the Chairman of the SEC between 2017 and 2020). In his view, the “dichotomy between a futures product and cash product

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US Presidential Nominee DeSantis Introduces a Pro-Crypto Declaration of Economic Independence

23 days ago

Ron DeSantis – Florida’s Governor and one of the US Presidential candidates – unveiled a “Declaration of Economic Independence,” where he outlined some of the biggest financial challenges that America currently faces.
His pronouncement focuses on improving Americans’ financial well-being and reinforcing the States as the most dominant economy. The Governor also pledged to let the cryptocurrency industry thrive and not allow the launch of a central bank digital currency (CBC).
Another Crypto Promise
DeSantis – running for President of the USA from the Republicans’ side – has been one of the most vocal crypto supporters among all the candidates. Most recently, he published a report called “Declaration of Economic Independence” that touches upon America’s current issues and

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