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Elon Musk is no stranger to controversy; his new ‘America Party’ may embrace Bitcoin because Musk believes ”fiat is hopeless”.

The United Arab Emirates may soon issue ‘golden visas’ to crypto investors… or will they? Here’s the Sunday story that has the crypto world scrambling for responses.

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TOP STORY

Elon Musk Says His America Party Will Embrace Bitcoin: 'Fiat Is Hopeless'

Elon Musk has said that his new ‘America Party’ will embrace Bitcoin because "fiat is hopeless.”

Musk's views on the fiat vs. Bitcoin debate have fluctuated over the years. Back in 2020, he said Bitcoin is "almost as BS as fiat money." However, months later in 2021, he sided with cryptocurrencies.

What does his now embracing Bitcoin mean for king crypto?

Read the full scoop here.

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QUICK N DIRTY

Bitcoin, Ethereum, XRP and Dogecoin are moving sideways again as the market continues its summer lull: how much longer is it going to consolidate?

Scottie Pippen has compiled a crypto watchlist for the coming months: BTC, XRP, DOGE… and a couple more.

XRP is stubbornly stuck below $2.30 and refuses to go up (or down): why is it not moving?

FINTECH FOCUS

Are Cryptocurrency Investors Eligible For UAE Golden Visa? Here's What Authorities Are Saying

The United Arab Emirates authorities on Sunday dismissed reports circulating online that golden visas will be granted to digital currency investors.

The clarification comes after Toncoin, a cryptocurrency project tied to social messaging giant Telegram, announced a program that gives users who stake their TON tokens a chance to secure a 10-year Golden Visa to the Gulf country.

So, where’s all this confusion coming from?

Read the full scoop here.

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