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Meta Loses $21 Billion While Polygon Hums Along 💔

PBN3 Paul Barron Network
Jul 29, 2023
∙ Paid
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Crypto Regulation and Tech

  • Elon Musk's X.com has rebranded Twitter, aiming to transform it into a super app like China's WeChat. This move has sparked conversations about the potential for crypto integration, given Musk's known interest in cryptocurrencies.

  • A stablecoin bill has been stymied in the House Financial Services Committee, with the chair blaming the White House. This development could have significant implications for the crypto industry. 

  • Bitcoin's price erased gains following the Federal Open Market Committee (FOMC) meeting, as the US dollar surged on Q2 GDP print.

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PBN3 Paul Barron Network