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US Dollar Dominance in Global Payments Strengthens, SWIFT Data Shows

August 27, 2023 0

The U.S. dollar’s dominance in global payments has strengthened, according to data compiled by global financial messaging service SWIFT. The share of SWIFT FX transactions involving the U.S. dollar rose to a record 46% in July. In addition, the share of the transactions involving the Chinese

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Economist Peter Schiff Warns of ‘Full-Blown Financial Crisis’ Hitting US Economy Before Fed Reaches Inflation Target

August 27, 2023 0

Economist Peter Schiff has warned about an impending “full-blown financial crisis” that he expects to hit the U.S. economy before the Federal Reserve reaches its inflation target. He further predicted that the financial crisis will force the Fed to raise its inflation target. Peter Schiff’s Latest Warnings Gold bug and economist Peter Schiff warned of […]

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Robert Kiyosaki Explains Why Investors Should Buy Silver — ‘Who Can’t Afford 1 Silver Coin’

August 26, 2023 0

Rich Dad Poor Dad author Robert Kiyosaki has outlined the reasons why investors should consider purchasing silver. He emphasized that despite the affordability of silver coins, most people still prefer to “save counterfeit fake dollars.” Robert Kiyosaki Highlights Reasons to Buy Silver The author of Rich Dad Poor Dad, Robert Kiyosaki, has returned to outline […]

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Tornado Cash Co-Founder Roman Storm Released on Bail

August 26, 2023 0

One of the founders of the Tornado Cash crypto mixer, Roman Storm, has been released on bail, his lawyer announced on social media. Storm, who was arrested in the United States, has been charged with money laundering and sanctions violations through the unlicensed platform. Storm Out on Bail After Indictment for His Role in Running […]

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Heatwave and Debt: Laos Suspends Crypto Mining Operations Amid Rising Power Demands

August 26, 2023 0

In recent developments, Electricite du Laos (EDL) announced on August 24 that the power company shut down cryptocurrency mining activities. This decision came after this summer’s unprecedented heat surge escalated electricity demands. Furthermore, these mining operations have reportedly been defaulting on their debts. Laos’ Crypto Mining Grinds to a Halt Amid Energy Crisis

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Judge Denies CEL Valuation Boost; Evades CEL’s Security Classification in Celsius Saga

August 26, 2023 0

In the unfolding saga of the Celsius bankruptcy case, a proposal was presented to elevate the defunct crypto enterprise’s native token, CEL, to a valuation of $0.80 each. Yet, the overseeing U.S. bankruptcy judge, Martin Glenn, dismissed this proposal. Consequently, Celsius’s creditors are rallying to set the token’s worth at a more modest $0.25 apiece. […]

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DEA Duped: How a Crafty Crypto Scammer Outwitted the Agency and Made Off With $55K

August 26, 2023 0

In a revealing report published on August 24, 2023, a significant oversight by the Drug Enforcement Agency (DEA) was brought to light. In their endeavor to manage assets confiscated from a nefarious enterprise, the DEA mistakenly funneled funds to an unrelated scammer, falling prey to a notorious crypto dusting scam. Blockchain Blunder: DEA Mistakenly Transfers […]

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Over 680,000 Ethereum Added to Liquid Staking Protocols in Just 28 Days

August 26, 2023 0

In less than a month, despite a downturn in cryptocurrency markets, over 680,000 ethereum (ETH) has been added to liquid staking derivatives protocols. Lido Finance, the leading liquid staking platform, experienced a supply increase of 5.94%, surging from 7.91 million to 8.38 million ETH since July 29. Ether Held in Liquid Staking Jumps From 10.65 […]

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Biggest Movers: SHIB, XRP Jump Higher on Saturday

August 26, 2023 0

Shiba inu was one of Saturday’s notable gainers, as price rebounded from recent lows to start the weekend. Today’s rebound comes as the global crypto market cap moved into the green earlier in the session. XRP was also higher on Saturday. Shiba Inu (SHIB) Shiba inu (SHIB) moved away from a recent support point to […]

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Bitcoin, Ethereum Technical Analysis: BTC Largely Unchanged, Despite Fed Chair Powell’s Inflation Warning

August 26, 2023 0

Bitcoin remained largely unchanged on Saturday, as markets were mostly unmoved by comments from the Federal Reserve’s chair, Jerome Powell. Speaking at the annual Jackson Hole symposium, Powell hinted that more hikes were in the cards. Ethereum moved back towards a recent support point. Bitcoin Bitcoin continued to trade near the $26,000 region to start […]