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Alchemy Pay: Exploring the Development and Trends of the Emerging Crypto Payment Industry with High Demand

July 19, 2023 0

With traditional commercial institutions like Visa, Mastercard, Tesla, BNY Mellon, BlackRock, Gucci and countries such as El Salvador, Central African Republic constantly expanding in the cryptocurrency field, more and more investors are starting to look at cryptocurrency with new eyes. In 2022

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SEC’s Classification of So-Called Crypto Securities Amounts to $98 Billion in Combined Value

July 19, 2023 0

Throughout the last year, the U.S. Securities and Exchange Commission (SEC) has identified numerous crypto assets as securities in cases involving Binance, Bittrex, Coinbase, Terra’s Do Kwon, Tron’s Justin Sun, and several more. The aggregate worth of these prominent digital assets, considered securities, currently amounts to $98 billion, making up over 8% of the

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Bitcoin, Ethereum Technical Analysis: BTC Moves Below $30,000, Following Latest US Retail Sales Report

July 19, 2023 0

Bitcoin slipped below the $30,000 mark on Wednesday, as markets continued to react to the latest U.S. retail sales report. Sales rose by 0.2% last month, which is more than the 0.5% sum many had forecasted. Ethereum has remained resilient, climbing back above $1,900. Bitcoin Bitcoin (BTC) slipped below $30,000 on Wednesday, following the latest […]

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Nigeria Declares Food Emergency After Sixth Consecutive Increase in Inflation Rate

July 19, 2023 0

The Nigerian government declared a food price emergency after the latest data from the National Bureau of Statistics (NBS) showed that the country’s inflation rate had gone up by 0.38% to 22.79%. The NBS said the June inflation figure does not “fully capture the impact of the fuel subsidy removal and the unification of the […]

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Ripple Expects Business to Pick Up in the US After Landmark Ruling

July 19, 2023 0

Ripple, a cryptocurrency and remittance services company, expects to start offering its services to U.S.-based businesses after the recent ruling that determines the XRP token is not “necessarily a security” on its face. Stuart Alderoty, Ripple’s CLO, stated the company hopes to start talking with possible customers this quarter. Ripple Hopeful About U.S. Business

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BRICS Leaders to Talk Expansion at August Summit, Host Confirms

July 19, 2023 0

The leaders of the BRICS states will discuss the organization’s enlargement when they meet in South Africa, the country’s president indicated. The summit is set take place in August when over a dozen countries will hope to be given a path to membership. Nearly 20 Nations Aspire for BRICS Membership, SA President Ramaphosa Says Leaders […]

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Another Big 4 Australian Bank Blocks Payments to ‘High-Risk’ Crypto Exchanges

July 19, 2023 0

National Australia Bank (NAB) has joined other major lenders in the country in blocking payments to some cryptocurrency exchanges. The banking institution said it’s introducing new customer protections regarding financial transactions with certain scam-related crypto platforms. Australia’s NAB Bank Intervenes in $184 Million Worth of Payments That Raised Scam Concerns

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Economist Sounds Alarm on US Dollar Losing Reserve Currency Status

July 19, 2023 0

An economist with the Heritage Foundation has warned about the potential calamity of the U.S. dollar losing its reserve currency status. He stressed that “The Biden administration has taken so many actions to dethrone King Dollar that it would be difficult to rank them all by their destructiveness.” Economist Warns Biden Administration’s Actions Threaten U.S. […]

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US Lawmakers Call on SEC to Stop Regulatory Assault on Crypto Following XRP Ruling

July 19, 2023 0

U.S. lawmakers have called on the U.S. Securities and Exchange Commission (SEC) to drop its regulatory assault on the crypto industry following the landmark ruling on the SEC v. Ripple case regarding XRP. “The SEC has chosen to communicate and regulate not by clear rule or guidance but by enforcement actions, often politically timed,” one […]

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Wallex․US Launches New Non-Custodial Crypto and DeFi Wallet App

July 18, 2023 0

Fintech company Wallex.US has launched a new non-custodial crypto and defi wallet app. The app offers a secure and encrypted way to store, send, and receive more than 150 cryptocurrencies. It also provides real-time chart monitoring and analysis capabilities, as well as easy Pay & Get Paid function. The app is designed to be safe, […]