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“Gilortul” and “Polovrăgeanca” banks, founded in 1916, President Ioan Gh. Ionescu (1931)

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Popular banks were founded by teachers between the 19th and 20th centuries. Most were in the counties of Dâmbovița, Dolj and, very importantly, Gorj. Gheorghe Dumitrescu-Bumbești himself said about this situation: “A handful of people took up the fight and already 3 counties have listened to us. The large number of economic companies that we …

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Digital Assets update

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MicroStrategy Liquidates $103M Worth Bitcoin Alongside Bitcoin’s drop under $25,000, it is important to recall MicroStrategy’s CFO’s comments. The comments were regarding the possibility of getting a margin call at $21,000 on the company’s huge BTC holdings. On the May 3 earnings call, Phon Le, the firm’s new Chief Financial Officer, described the collateralization method …

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CRYPTO WEEKLY MARKET UPDATE

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Twitter and Stripe roll out USDC payout program for creators via Polygon On Friday, Twitter (NYSE:TWTR) and Stripe announced the rollout of crypto payouts for Stripe Connect. As told by the two companies, a select group of creators on Twitter will soon be able to receive their earnings on the platform in the form of …

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Crypto weekly headlines

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The world’s largest investment company BlackRock will allow clients to invest in cryptocurrencies The world’s largest financial asset management company BlackRock is preparing to offer customers products for trading cryptocurrencies. This writes CoinDesk, citing sources. ? The company, which manages more than $10 trillion in assets for institutional investors, intends to enter the cryptocurrency space …

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Crypto Stats and news for beginning 2022

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The trading volume on decentralized Ethereum exchanges exceeded $1 trillion in 2021. The segment leader Uniswap accounted for more than 64% ($686 billion). SushiSwap exceeded $156 billion, Curve – $84 billion. The year 2021 opened a lot of L2 solutions to the cryptocurrency community to scale Ethereum. The total blocked liquidity in such protocols exceeded …

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Bitcoin’s death has been announced 42 times this year vs. 124 times in 2017

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? The cryptocurrency market has seen high volatility in recent days. And the price of Bitcoin has crossed the psychological level below $50k this month. ? If you consider the current time of cryptocurrency market, the number of times Bitcoin was “seen off” was 42 times, which is 3 times more than the entire year …

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How exchanges created the last week crypto market crash

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The owner of exchanges don’t really care the price. THey are doing business to print profit/revenue in every month/quarter. Binance is a big player in all exchanges. The last crash at last Saturday was definitely created by Binance. Open Interest was swept out bigly. In the eyes of traders, this was crash/market bloody/nightmare/Fear but in …

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Crypto update, Ethereum and Florida

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Ethereum (ETH) Average Gas Down 50% in Six Weeks Ethereum (ETH), the second cryptocurrency, is often criticized for high transactional fees (gas). At the same time, on average, transactional fees are plunging for six weeks in a row. Ethereum average gas fee lost 50% in less than two months. According to data shared by third-party …

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Huge 2 billion dollars longs liquidations together with unexpected 400 million dollars shorts liquidations

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So basically #BTC dumped from $69k to $42k As a result of the collapse of bitcoin to 42,000, liquidations of ~ $ 2.4 billion were recorded. In total, the positions of more than 380 thousand traders were taken out. This is not a record yet, of course, but in history, such powerful plums often led …

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