Crypto Whales Rush to Accumulate New Dogecoin Competitor

Dogecoin (DOGE) is down another 5% on Friday as recession fears rock crypto market sentiment, with crypto whales rushing to accumulate a new Dogecoin competitor instead that might be able to deliver them upside in a bearish market.
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Morgan Stanley to Allow Financial Advisors to Pitch Bitcoin ETFs

Morgan Stanley announces that its financial advisors will soon be able to offer Bitcoin ETFs to eligible clients, starting with BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund.
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Whale Shifts 400 Billion Tokens to Binance: PEPE Price Plunge Ahead?

Over the past 24 hours, the PEPE price has crashed 5.11% amid a wider market decline, with meme coins down an average of 4.01%. Notably, a significant whale transfer of 400 billion PEPE on August 1st, worth $4.22 million, seems to have stirred investors.
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Kamala Harris Can’t Afford To Cede Crypto To Donald Trump, Think Tank Says

Leading Democratic candidate Kamala Harris can’t afford to cede crypto to Republican nominee Donald Trump in key battleground states ahead of the 2024 U.S. presidential election, the Official Monetary and Financial Institutions Forum (OMFIF) says in a new report. OMFIF’s commentary comes amid a tightening race between Harris and Trump before voters hit the ballot box in November.
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