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Bitcoin, Ethereum Technical Analysis: BTC Closes in on $30,000 as Markets React to Latest Fed Decision

July 27, 2023 0

Bitcoin edged closer to the $30,000 level on Thursday, as markets reacted to the Federal Reserve’s decision to hike interest rates. The Fed increased rates by 25 basis points, and have hinted that they could make an additional move in September. Ethereum neared the $1,900 level today. Bitcoin

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Russia to Launch Digital Ruble Transactions With Real Users in August

July 27, 2023 0

Banks taking part in the digital ruble pilot will begin testing transactions with actual clients in mid-August, according to a top executive of one of the financial institutions. The trials are set to start weeks after Russia adopted dedicated legislation for the introduction of its new digital currency. Russian Banks to Process First Digital Ruble […]

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Nigerian Central Bank Says Amended CBDC Model to Ensure Increased Volumes and Wallet Activity

July 27, 2023 0

The Nigerian central bank has said it is amending the model of its central bank digital currency and is hopeful that such an exercise will result in “an increase in the volume and activity of wallet holders.” According to the acting governor, the central bank is also working towards making the forex market more “efficient […]

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Binance to Restore Full Services in Japan in August, CZ Unveils

July 27, 2023 0

Cryptocurrency exchange Binance will start offering full services in Japan next month, founder Changpeng Zhao (CZ) announced. The leading trading venue for digital assets reenters the Japanese market with a domestic exchange after announcing earlier it was discontinuing services through its global platform. Binance Returns to Japan, Praises Its Web3 Regulatory Framework

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Over 10,000 South African Retail Outlets Now Accept Momint Crypto Vouchers

July 27, 2023 0

Momint, a Web3 marketplace app, has said South African residents can now use cryptocurrency to purchase shopping vouchers which are accepted by over 10,000 retailers. The Momint app can also be used to send cross-border remittances at a fraction of the fees charged by regular money transfer companies. Vouchers Accepted by Popular Businesses Momint, a […]

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Robert Kennedy Jr Reveals BTC Investment for His Children, Insists Bitcoin ‘Threatens the Monopoly on Money’

July 27, 2023 0

During a Twitter Spaces event on Wednesday, Robert F. Kennedy Jr., a Democratic U.S. presidential contender, revealed that he acquired 14 bitcoin for his children. This announcement comes on the heels of financial documents filed on June 30, 2023, which indicated his ownership of the leading cryptocurrency. Bitcoin Supporter Robert Kennedy Jr Purchases 14 Bitcoin […]

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Lawyer Outlines 4 Options SEC Could Proceed in Ripple Case Over XRP

July 27, 2023 0

A lawyer has outlined four potential next steps that the U.S. Securities and Exchange Commission (SEC) could take following the ruling on the Ripple case regarding XRP. “I expect the SEC to file a request for interlocutory appeal within the next 2 weeks,” he opined, asserting that it would be in the best interests of […]

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White House Says US Policy Allows Partners to Seek BRICS Membership

July 27, 2023 0

The White House has affirmed that U.S. policy does not ask partners to choose between the U.S. and other countries, including the BRICS nations. “The U.S. does not want to limit countries’ partnership with other countries,” said Press Secretary Karine Jean-Pierre. More than 40 countries have expressed interest in joining the BRICS group, and around […]

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Auradine Unveils Teraflux, New Line of US-Crafted Bitcoin Mining Rigs Providing Up to 270 TH/s

July 26, 2023 0

According to a press release published July 25, 2023, Auradine, a new competitor in the blockchain infrastructure sector, is entering the application-specific integrated circuit (ASIC) bitcoin mining industry with a line of bitcoin mining rigs known as the Teraflux series. Auradine’s new machines boast hashrates between 185 terahash per second (TH/s) and 270 TH/s. Auradine

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Tim Draper Predicts Bitcoin Will Outpace Fiat Currencies, Asserts Its Superiority Over Traditional Banking

July 26, 2023 0

Renowned bitcoin investor and venture capitalist, Tim Draper, envisions a future where bitcoin emerges as a formidable competitor to the world’s fiat currencies. During a recent interview with Fox News, Draper argued that bitcoin’s inherent safety and superiority surpass those of traditional banking systems and government-controlled fiat currencies. Venture Capitalist Tim