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Bitcoin, Ethereum Technical Analysis: BTC Jumps Above $28,000, as Markets Remain Buoyed by Grayscale Court Win

August 30, 2023 0

Bitcoin climbed over the $28,000 level late on Tuesday, as markets reacted to the news that Grayscale had won its battle with the SEC. The ruling over the U.S. Securities and Exchanges Commission boosted crypto prices across the board, with bulls returning to action. Ethereum also surged,

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Edelcoin: A Stablecoin Revolution

August 30, 2023 0

In the rapidly evolving world of cryptocurrencies, stablecoins have emerged as a beacon of stability amidst the volatility of digital assets like Bitcoin and Ethereum. Stablecoins are digital currencies anchored to a diversified asset, such as fiat currency or different commodities like gold. One of the most promising developments in the stablecoin market is the […]

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Pro-Bitcoin Miami Mayor Francis Suarez Drops out of GOP Presidential Candidate Race

August 30, 2023 0

Francis Suarez, the pro-bitcoin mayor of the U.S. city of Miami, became the first Republican to bow out of the party’s presidential primary race after he announced the suspension of his campaign on Aug. 29. According to some reports, Suarez was forced to suspend his campaign after he failed to make it to the first […]

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Crypto Exchanges Bybit and Okx Drop Cards of Sanctioned Russian Banks

August 30, 2023 0

Cryptocurrency exchanges Bybit and Okx have discontinued support for payment cards issued by sanctioned banks from Russia. The moves follow in the footsteps of Binance, the world’s largest exchange for digital assets, which recently removed such cards from its peer-to-peer (P2P) platform. Bybit and Okx Stop Operations With Sanctioned Russian Banks Bybit and Okx, two […]

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Crypto Analyst Predicts Stablecoin Adoption Boom Even in Face of Hostile Regulation

August 30, 2023 0

Jamie Coutts, an analyst from Bloomberg Intelligence, has predicted that stablecoin adoption will grow significantly once the issue of hostile regulations in the U.S. is put aside, noting “adoption under the hood is exploding.” Coutts believes that stablecoin usage may overtake bitcoin usage as more companies like Paypal integrate such assets in their payment structures.

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Report: Nigerian Central Bank Sued for Dollarizing Economy

August 30, 2023 0

In a lawsuit filed by a Nigerian human rights activist, the country’s central bank is accused of failing to stop the dollarization of the economy. According to the activist, the central bank’s unwillingness to stop economic agents from demanding U.S. dollars for domestic transactions has “resulted in the constant devaluation, depreciation and unending plunge of […]

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Binance Mulls Leaving Russia, Limits Options for Russian Users

August 30, 2023 0

Crypto exchange Binance considers exiting Russia amid increased scrutiny over its services for users in the sanctioned nation. The news of the potential move comes after the exchange delisted several sanctioned Russian banks from its peer-to-peer (P2P) platform and restricted fiat payment options for Russian traders. Full Russia Exit Is on the Table, Binance Representative

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Shiba Inu’s Shibarium Returns to Full Operation After Navigating Bridge Issues

August 30, 2023 0

The Shiba Inu development team has announced that Shibarium is now fully functional after recent challenges where funds became inaccessible in the bridge. Shiba Inu’s Shytoshi Kusama thanked Sandeep Nailwal, the co-founder of Polygon Labs, who stepped in with crucial resources to address the issue. Shibarium Back Online After Resolving Bridge Glitch, Team Thanks Polygon

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SEC’s ‘Secret’ Filing in Binance Case Could Relate to Criminal Investigation, Says Former SEC Official

August 30, 2023 0

The U.S. Securities and Exchange Commission’s former head of Internet enforcement suspects that the SEC’s “secret” filing in the Binance case is a “rare” tactic that could relate to the Department of Justice’s criminal investigation against the crypto exchange. He stressed that the securities regulator’s “seal-seeking filing is unusual, odd, and uncommon,” emphasizing that

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UniLend Finance Empowers Community Governance with the Launch of UFTG Token

August 29, 2023 0

PRESS RELEASE. UniLend Finance, a leading decentralized finance (DeFi) protocol is thrilled to announce the launch of its new wrapped governance token, UFTG (UniLend Finance Governance Token) as the revolutionary protocol approaches closer to Governance launch on 4th September. This groundbreaking token signifies UniLend’s commitment to community-driven decision-making and