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Of the cryptocurrencies tracked by CoinMarketCap, the best performer for the week was Story, rising 143%.
Nigerian authorities sued crypto exchange Binance for over $79 billion in economic losses and $2 billion in back taxes, explains Bloomberg. Nigeria’s tax authority, Federal Inland Revenue Service, also claimed Binance operated illegally within the country. The Bitcoin-buying strategy has gained momentum as the cryptocurrency's price surged last year, prompting President Trump to suggest a U.S. Bitcoin reserve. Following MicroStrategy's lead, Semler Scientific has purchased tens of millions of dollars in Bitcoin, with the stock doubling since the move, according to Bloomberg.An estimated 86% of crypto traders that took positions in a meme coin endorsed by Argentine President Javier Milei on Friday ended up losing money.
is CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural resources and emerging markets sectors. The company’s no-load mutual funds include the Global Resources Fund , the World Precious Minerals Fund and the Gold Shares Fund .
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