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Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it Down

January 23, 2023 0

As investors examine the next move of the Federal Reserve, analysts, economists and market participants are also closely monitoring inflation levels. In Dec. 2022, the annual inflation rate dropped to 6.5%, and many experts predict it will decrease further. However, economist Mohamed El-Erian

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Biggest Movers: XRP Jumps to 3-Month High as Crypto Markets Consolidate on Monday 

January 23, 2023 0

Xrp moved to a multi-month high on Jan. 23, as market optimism grew regarding a lawsuit between Ripple and the United States Securities and Exchange Commission (SEC). Following comments last week from Ripple CEO Brad Garlinghouse, many have bought the token in anticipation of the lawsuit ending in the coming months. Dogecoin was another notable […]

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Ethereum Could Benefit From Stealth Addresses Implementation, Says Vitalik Buterin

January 23, 2023 0

Ethereum co-founder Vitalik Buterin published a research post that suggests using stealth addresses to enhance privacy-preserving transfers. Buterin detailed that stealth addresses can be implemented fairly quickly today on Ethereum and would significantly boost user privacy on the blockchain network. Buterin Suggests Stealth Addresses as a Solution to the Privacy

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Bitcoin, Ethereum Technical Analysis: BTC Remains Near $23,000 to Start the Week

January 23, 2023 0

Bitcoin continued to hover around the $23,000 level on Jan. 23, as bullish sentiment remained high in markets. Over the weekend the world’s largest cryptocurrency rose to its strongest level since August, with bulls moving to consolidate these gains. Ethereum also traded in the green today, remaining above $1,600 in the process. Bitcoin Bitcoin (BTC) […]

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OpenOcean Integrates Verse DEX to Deepen Available Liquidity on Ethereum

January 23, 2023 0

PRESS RELEASE. OpenOcean, a leading Web 3 middleware developer and DEX Aggregator across 19 chains, backed by top investors – Binance Labs, CMS, Altonomy, and more – has integrated with the recently released Verse DEX, Bitcoin.com’s decentralized exchange (DEX), to provide easier, cheaper and faster access to low-cost and gas-efficient swaps on OpenOcean’s Ethereum

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Microsoft CEO Satya Nadella Praises Metaverse ‘Sense of Presence,’ Calls It ‘Game-Changing’

January 23, 2023 0

Satya Nadella, CEO of Microsoft, has given his opinion about the metaverse and the impact that the tech might have in the future. In a conversation with Klaus Schwab, chairman of the World Economic Forum (WEF), Nadella stated that the sense of presence achieved while interacting using metaverse tech is “game-changing.” Microsoft’s Satya Nadella Talks […]

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China-backed Blockchain Project Proposes SWIFT Alternative for Stablecoins and CBDCs

January 23, 2023 0

The company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies. The plan is to establish a platform facilitating the use of these two fiat-based digital assets in foreign trade. Company Behind China’s Blockchain Push Aims to Make Stablecoins and State Coins Interoperable Hong

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Bank of Spain Greenlights Euro-Backed Stablecoin Token Pilot Program

January 23, 2023 0

The Bank of Spain has given approval for the launch of a pilot program involving the issuance and usage of euro-pegged stablecoins. The program, which MONEI, a fintech institution, is launching, will allow users to issue digital euros with fiat deposits in order to experiment with these in payment applications, increasing their transparency. Bank of […]

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Philippine Authorities Rescue Alleged Victims of ‘Crypto Trafficking Ring’

January 23, 2023 0

Philippine authorities say that they have rescued alleged victims of a “crypto trafficking ring” who were recruited to work in a call center in Cambodia and scam people out of their cryptocurrencies. The authorities are also investigating government employees who may have assisted crypto trafficking syndicates. Alleged Victims of ‘Crypto Trafficking Ring’ Rescued The

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FBI Seizes Bitcoin From Overseas Scammers Who Posed as US Law Enforcement Officials

January 23, 2023 0

The Federal Bureau of Investigation (FBI) says it has seized bitcoin worth millions of dollars from overseas scammers targeting the elderly. The scammers posed as members of U.S. law enforcement agencies and tricked the victims into transferring money to them for “safekeeping.” FBI Says It Has Seized Bitcoin From Scammers Overseas The U.S. Attorney for […]