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Biggest Movers: XMR Races to 5-Month High, as ATOM Extends Recent Gains

July 3, 2023 0

Monero continued to climb during Monday’s session, as the token surged to its highest point since February. The move comes as the global crypto market cap was marginally higher on the first working day of June. Cosmos also extended recent gains, hitting a one-month high in the process. Monero

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Litecoin Surges in Value Amidst EDX Listing and Imminent Reward Halving, Enters Top Ten Rankings

July 3, 2023 0

During the past fortnight, the crypto asset litecoin (LTC) has surged over 40% against the U.S. dollar after the crypto exchange EDX announced the listing of LTC alongside three other prominent digital currencies. Additionally, Litecoin is on the verge of a reward halving, with only 30 days remaining until its block reward subsidy decreases from […]

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Bitcoin, Ethereum Technical Analysis: ETH Nears $2,000, Ahead of US Independence Day

July 3, 2023 0

Ethereum moved closer to $2,000 on Monday, as markets prepared for a short, but busy week of U.S. economic data. This is due to the fourth of July Independence Day celebrations, which will see some markets in the United States closed. Once reopened, the FOMC minutes, and non-farm payrolls report will be some of the […]

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LBank Launches Global First Unlimited Crypto Credit Card, Breaking Boundaries in Cryptocurrency Payments

July 3, 2023 0

PRESS RELEASE. LBank, the world-leading cryptocurrency exchange, is soon to launch the world’s first unlimited cryptocurrency credit card, aiming to break down the barriers of cryptocurrency payments. The card, available in both virtual and physical forms, allows users to make any consumer payments directly with cryptocurrency through LBank’s credit, and also supports

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Okx’s Haider Raffique Optimistic MCFC Partnership Can Help Grow Blockchain

July 3, 2023 0

On Friday, June 30, Okx announced an expansion of its existing partnership with recent Champions League winners, Manchester City Football Club. The partnership entails Okx, which previously sponsored the club’s training kit, becoming the sleeve sponsor for both the men’s and women’s teams. Haider Rafique, the company’s CMO, expressed hopes that the deal will enhance […]

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Latam Insights — Argentina Settles IMF Payment in Yuan; Brazilian CBDC to Be Launched in 2024

July 3, 2023 0

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Argentina settles part of its $44 billion debt with the International Monetary Fund (IMF) using the Chinese yuan, Central Bank of Brazil officials estimate the Brazilian central bank digital currency (CBDC) will be […]

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Ethiopia Joins Egypt in Seeking BRICS Membership

July 3, 2023 0

Ethiopia has joined Egypt and Algeria in applying to become a member of Brazil, Russia, India, China and South Africa (BRICS) economic bloc. According to the Ethiopian Foreign Affairs Ministry, joining the bloc would help the country guarantee its national interests. Safeguarding Ethiopian National Interests Ethiopia, which has one of Africa’s fastest-growing economies,

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Elon Musk Sparks Controversy With Twitter Rate Limits — Censorship Expert Says Musk ‘Has Stepped on a Rattlesnake’

July 3, 2023 0

Social media giant Twitter has imposed limits on user accounts due to “extreme levels of data scraping and system manipulation,” said Tesla CEO and Twitter chief Elon Musk. The billionaire “has no idea the DARPA rattlesnake he just stepped on by doing this,” a censorship expert stressed, revealing that the U.S. censorship industry needs to […]

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Tim Draper Adjusts Timeframe for His $250K Bitcoin Price Forecast

July 3, 2023 0

Venture capitalist Tim Draper has adjusted his projected timeframe for bitcoin’s price to reach $250,000. Maintaining an optimistic outlook, Draper still expects the world’s largest cryptocurrency to reach his predicted price target but acknowledged that it may take “a little longer.” Tim Draper’s $250K Bitcoin Price Forecast Venture capitalist Tim Draper has adjusted the

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Redemptions Plague Stablecoin Economy, Wiping Out Over $2 Billion in June

July 2, 2023 0

The market capitalization of the stablecoin economy on July 2, 2023, has fallen below the $129 billion mark to the current $128.21 billion, according to statistics. Just over $2 billion in stablecoins have been withdrawn from the stablecoin token economy since May 28. Stablecoin Economy Faces Contraction as Market Capitalization Dips Below $129 Billion The […]