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Yuan Taps New Low Versus US Dollar as Investors React to Endorsement of Chinese President’s Third-Term Bid

October 25, 2022 0

The Chinese yuan’s offshore exchange rate against the U.S. dollar fell to a new all-time low of 7.33:1 just over a day after the conclusion of the Chinese Communist Party’s congress which gave President Xi Jinping the mandate to lead the country for the third time. Concerns over Xi’s

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Report: US Central Bank Loses Billions From Rate Hikes, ‘Losses Pile up Into an IOU’

October 25, 2022 0

While the U.S. Federal Reserve ramped up the benchmark bank rate with a barrage of rate hikes, U.S. Treasury markets and global bond markets, in general, have seen one of the worst selloffs in over a decade. The Fed’s actions has fueled criticism toward the U.S. central bank as some strategists believe the onslaught of […]

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Report: Saudi Government Privately Mocks Joe Biden’s Mental Acuity, Crown Prince Denies US President’s Oil Requests

October 25, 2022 0

According to a recent report, members of the Saudi government and crown prince Mohammed bin Salman have been privately mocking U.S. president Joe Biden by questioning his keenness of thought and mental acuity. The report follows Biden’s recent trip to the region in July, when the U.S. president pressed the Saudis for more oil production, […]

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Biggest Movers: DOGE Hits 1-Week High as Prices Rebound on Tuesday

October 25, 2022 0

Dogecoin rose to a one-week high on Tuesday, as the meme coin rebounded from recent losses. The token rose by as much as 3% earlier in today’s session, moving away from a recent point of support in the process. Monero was also higher, as bulls pushed it closer to a key resistance level. Dogecoin (DOGE) […]

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‘Sleeping Bitcoin’ Spends Slow Down Considerably in 2022, as 92 Decade-Old BTC Worth $1.79 Million Wake Up

October 25, 2022 0

While the price of bitcoin has remained range bound and coasting along just above the $19K zone, over 60% of the bitcoin in circulation has not moved in a year or more. Moreover, there’s been very few transfers from bitcoins stemming from 2010, and it’s been more than two months since the last 2010 block […]

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Bitcoin, Ethereum Technical Analysis: BTC Moves Lower as Prices Fail to Break Out of Key Resistance Level

October 25, 2022 0

Bitcoin was trading lower in today’s session, after failing to break out of a key resistance level of $19,600. Bullish sentiment seemed to have returned to the market on Monday, however this momentum was short lived. Ethereum also fell in today’s session, but remained above its recent price ceiling. Bitcoin Bitcoin (BTC) moved lower on […]

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Hackers Are Taking Advantage of Typing Mistakes to Steal Cryptocurrency

October 25, 2022 0

A group of hackers have taken advantage of typing mistakes in order to introduce malware to Android phones and Windows-based PCs. Using a technique called typosquatting, which consists of registering domains that are dramatically near to the ones of official brands of organizations, hackers are getting data and private keys from unsuspected users, according to […]

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Quik․com Offers Registry of ․metaverse ․web3 and 8 Other NFT Domain TLDs

October 25, 2022 0

Did you know? Due to the decentralized nature of NFT domains, users can host decentralized websites with legitimate ownership, control, and management access. Only the NFT domain owner is capable of making modifications to the domain, which also gets rid of third-party interference and centralized control. But what is Quik.com doing here? Quik.com serves as […]

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Africa Focused Crypto Exchange Yellow Card Granted VASPs License in Botswana

October 25, 2022 0

Yellow Card, an Africa-focused cryptocurrency exchange platform, recently said it has received a virtual asset service provider (VASP) license to operate in Botswana. Granted by the country’s Non-Bank Financial Institutions Regulatory Authority, Yellow Card’s license allows the crypto exchange to bolster its operations on the continent. Working With Regulators The

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Report: Billionaire Says Britain May Be Forced to Seek Bailout From IMF if It Does Not Renegotiate Brexit Deal

October 25, 2022 0

British billionaire investor Guy Hands has reckoned that Britain will become “the sick man of Europe” and may be forced to seek a bailout from the International Monetary Fund (IMF) if it does not renegotiate its Brexit deal. The billionaire insisted the United Kingdom’s current economic woes are the result of a poorly negotiated Brexit […]