Crypto News
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Not long after blockchain company Ripple announced that it would launch its own stablecoin, pitting it against the likes of Tether (USDT) and Circle, the issuer of USD Coin (USDC), the Tether team made a snarky comment suggesting its competitor had been unsuccessful in its stablecoin endeavors so far. As it happens, Ripple CEO Brad Garlinghouse earlier told ...
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Changpeng Zhao, the founder and former CEO of crypto exchange Binance, heads to a Seattle courtroom on Tuesday to learn whether the crimes he admitted to committing will land him in prison for an extended sentence. In November, Zhao pleaded guilty to enabling money laundering at Binance. As part of his plea deal with the Department of Justice, Zhao agreed ...
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On Saturday, January 3, 2009, Bitcoin was born. With the creation of the very first Bitcoin block—known as the 'Genesis Block'—the first set of 50 BTC was mined into existence. This genesis block is considered the start of the Bitcoin blockchain—and the beginning of the cryptocurrency revolution. Many would argue that the day it was minted represents ...
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The Biden Administration has driven a historic economic recovery over the past three years. GDP growth has been strong, growing 3.0 percent over the past four quarters. Inflation has decreased significantly since its peak, though we have more work to do. The labor market is also remarkably healthy, with the unemployment rate below four percent for the ...
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Not long after blockchain company Ripple announced that it would launch its own stablecoin, pitting it against the likes of Tether (USDT) and Circle, the issuer of USD Coin (USDC), the Tether team made a snarky comment suggesting its competitor had been unsuccessful in its stablecoin endeavors so far. As it happens, Ripple CEO Brad Garlinghouse earlier told ...
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Starting April 30, these ETFs will focus on Bitcoin and Ether and are initially available only to Hong Kong residents. Yimei Li, CEO of China Asset Management—one of the three companies issuing these ETFs—told Bloomberg that these ETFs offer a fresh investment opportunity for mainland Chinese investors with RMB. This could eventually allow Chinese investors ...
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After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more cautious about the prospect of interest rate cuts this year. The big ...
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Federal Reserve officials are poised to keep interest rates steady for a sixth consecutive meeting and signal no plans for cuts in the near future after higher-than-expected ...
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Well apparently, it’s not Canada’s economy that matters one bit to markets. A simultaneously released measure of US employment costs stole the show. The result was that Canada’s ...
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video Following the April 13 decline in Bitcoin, it has been consolidating and testing resistance of the orange 50-Day MA and purple 20-Day MAs. It did so again today, Tuesday, with a high of 64,728 before sellers took back control and dropped it sharply. Prior support around 59,573 looks to be the next target, followed by a test of support at the lower ...
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Bitcoin price has declined by more than 8% in a week and 12% over the last 30 days after setting a new record high of around $73,835 on March 14. Data from Cointelegraph Markets Pro and TradingView shows that the BTC price fell from a high of $64,727 on April 30, dropping 6.5% to reach an intraday low of $60,505. chart Bitcoin’s price drop coincides with ...
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South Africa's largest cryptocurrency exchange VALR will now offer crypto asset services in Poland and is eyeing other jurisdictions across the globe, in hopes to take on some of world's crypto giants, its CEO told Reuters. VALR is one of 75 crypto asset service providers that were recently granted licences this year by the Financial Sector Conduct ...