“Token Deflation Experiment”: Hyperliquid and Pump.fun’s Apple-style gamble | Bee Network
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“The White House is preparing to issue an executive order to punish banks that discriminate against crypto companies.” This news has been flooding the WeChat Moments recently. People who have been in the cryptocurrency industry for more than two years have to rub their eyes to confirm it after seeing this news, and exclaimed, “It feels like a lifetime ago.” However, just over a year later, Operation Choke Point 2.0 was fully implemented in March 2023. During the Biden administration, the Federal Reserve, the FDIC, the OCC, and other institutions issued a joint statement designating cryptocurrency businesses as “high-risk” and requiring banks to rigorously assess their exposure to crypto clients. Regulators, through informal pressure, forced crypto-friendly banks like Signature Bank and Silvergate Bank to close core businesses and restrict new…# Analysis# crypto# defi# Exchange# Market# Meme Coin# Token# ToolPre
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- Original translation: Saoirse, Foresight News Seven years ago, Apple pulled off a financial feat whose impact transcended even its most remarkable product. In April 2017, Apple opened its $5 billi...