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Meme tokens and dogcoins flood the market as price wars heat up

Meme tokens and dogcoins have been an integral part of the ongoing market-wide bull run in the cryptocurrency markets. Among the plethora of these tokens that have been flooding the market, two of these tokens, the longer-standing memecoin Dogecoin (DOGE) and Shiba Inu (SHIB), have gained the most traction and popularity. Most recently, SHIB started rallying on Oct. 23 from…

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Jack in the Box Sues Crypto Exchange FTX for ‘Brazenly and Illegally’ Copying Mascot – Exchanges Bitcoin News

Restaurant chain Jack in the Box has sued cryptocurrency exchange FTX alleging that the crypto company “brazenly and illegally copied or derived its ‘Moon Man’ mascot” from its own mascot. The lawsuit details that FTX’s refusal to stop using Moon Man has caused Jack in the Box “considerable economic damage and irreparable harm, including by devaluing the goodwill associated with…

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Bitcoin consolidates right below Fib level that triggered 2013 all-time highs

Bitcoin (BTC) continued to track sideways on Nov. 7 amid warnings that now is “not the time” to sell BTC. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Not the time to be selling” Data from Cointelegraph Markets Pro and TradingViewshowed BTC/USD lingering near $62,000 throughout Sunday. The pair had continued a flat period over the weekend, as market participants waited…

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Congress Passes $1.2 Trillion Infrastructure Bill Crypto Advocates Criticize Amended Broker Definition, Tax Code 6050I – Bitcoin News

Congress has passed the Biden administration’s bill aimed at improving infrastructure, fighting climate change, and bolstering social services. The $1.2 trillion infrastructure bill, which also expands the definition of a broker, awaits U.S. president Joe Biden’s signature after passing with a vote of 228–206 on Friday. Bipartisan Infrastructure Bill Passes to the Tune of $1.2 Trillion The bipartisan infrastructure bill…

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Solana surpasses Cardano, Tether to become fourth-biggest crypto worth $76 billion

Solana (SOL) surpassed Cardano (ADA) and leading stablecoin Tether (USDT) to become the fourth-largest cryptocurrency by market capitalization. At press time, the net worth of total SOL tokens in circulation was a little over $76 billion, falling only behind Binance Coin’s (BNB) $109 billion, Ether’s (ETH) $540 billion, and Bitcoin’s (BTC) $1.17 trillion. Top ten cryptocurrencies by market cap as…

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