Category: crypto
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Polymarket Investigation: Congress Acts
Congress is investigating Polymarket after at least 50 new accounts placed winning bets on a US-Iran ceasefire just before President Trump’s announcement. Representative Ritchie Torres called for a formal review, while Senator Richard Blumenthal criticized the platform for exploiting national security secrets. This is not the first time suspicious betting has occurred before major geopolitical…
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XRP CLARITY Act: Senate Returns April 13
XRP is trading at $1.34 as traders await Senate action on the XRP CLARITY Act, with a Banking Committee markup expected in the second half of April. Passage of the act could lead to $4 to $8 billion in additional XRP ETF inflows. Ripple CEO Brad Garlinghouse expects passage by the end of May.
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Bitcoin $73,000 Caps Altcoin Recovery Again
Bitcoin has failed to break $73,000 for the third time since the ceasefire, causing ETH, SOL, and DOGE to decline. Analysts believe a break above $75,000 is needed for sustained upside. Altcoins are affected by Bitcoin’s movements, with the market awaiting a resolution to geopolitical risks to trigger a breakout.
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Iran Peace Talks Begin in Islamabad Today
The Iran peace talks, attended by Vice President JD Vance, Steve Witkoff, and Jared Kushner in Islamabad, are crucial for the energy and financial markets. The ceasefire brokered by Pakistan led to a drop in oil prices and a Bitcoin rally. The outcome of the talks could impact oil prices, crypto markets, and global financial…
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Iran War Powers Vote Blocked by House GOP
House Republicans shut down an Iran war powers resolution on April 10 before Maryland Democrat Glenn Ivey could propose limiting President Trump’s authority. The resolution would have forced a vote to limit Trump’s ability to continue the conflict with Iran. Democrats argue for congressional authorization, while Republicans oppose limiting presidential war powers during negotiations. Congress…
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Mahmoud Khalil Deportation Appeal Denied
The Board of Immigration Appeals denied Mahmoud Khalil’s challenge in his deportation case, bringing him closer to possible expulsion from the US. Supporters protest across major cities. The case is seen as a clash between free speech and immigration laws. Khalil’s legal team plans to continue challenging the ruling in federal courts.
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Melania Trump Epstein: White House Denies Ties
Melania Trump denied any ties to Jeffrey Epstein, calling claims of a connection lies in a surprise White House appearance on April 10. The move was seen as a deliberate response to halt further speculation, with ongoing pressure for the release of sealed Epstein documents continuing to generate interest and questions.
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CDC Vaccine Research Blocked by Acting Director
The acting CDC director blocked the publication of a study showing COVID-19 vaccine benefits due to concerns about the research methodology. This decision has sparked backlash from experts, who argue that the study’s design is standard practice in vaccine research. Critics see this as part of a pattern of administration interference with public health data.
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US Police Expand AI Tools
US police departments are increasingly using AI for criminal investigations, but experts warn of risks like false leads and violations of due process. The technology allows for faster analysis and pattern recognition but lacks transparency in reaching conclusions. Concerns also arise about accountability for wrongful investigations caused by AI-generated leads.
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AI Therapy Chatbots Face State Bans in US
Maine and Missouri have introduced legislation to ban the clinical use of AI in mental health therapy, with Maine’s LD 2082 allowing AI for administrative roles, while Missouri’s HB 2372 covers therapy services with a $10,000 penalty for violations. The move reflects a growing consensus among states that AI should not replace licensed human therapists…