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Crypto markets had been on a nice bull run the the final quarter of 2024, but the trend of rising government bond yields across the globe appears to have become to strong to ignore.Considered the benchmark that sets the standard across the world, the U.S. 10-year Treasury yield has risen
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Autonomous robots may sound like sci-fi concepts that are decades away, but large language models and generative AI now allow machines to plan, learn, and think. More than that - the same software that can win the math olympics and write novels can also control physical robots, allowing one digital
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Arbitrum, the largest layer-2 network on top of Ethereum, has awarded its biggest-ever developer grant to Lotte Group, the multibillion-dollar South Korean conglomerate known for its vast portfolio of shopping malls, media companies and entertainment properties. According to Offchain Labs, the developer behind Arbitrum, the grant cements Arbitrum as the
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After rallying over 50% since early November, bitcoin (BTC), the leading cryptocurrency by market value, looks to be carving out a pattern. If completed, this could see prices revisit the mid-$70Ks.BTC’s price action since late November has evolved into what technical analysts call a “head and shoulders” (H&S) pattern, which
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Having travelled extensively through many emerging markets, Nick van Eck, the CEO and co-founder of stablecoin issuer Agora, is keenly aware of the problems that currency debasement and a lack of sound financial systems can create for citizens of these countries. With AUSD, Agora’s flagship stablecoin product, van Eck is
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Ether spent most of 2024 trailing behind its cryptocurrency peers but has now firmly joined the rally sparked by bitcoin’s record-breaking climb, crossing the $4,000 mark in December but well below its all time high of $4,900.In 2024, ether gained around 53% compared to bitcoin’s 113% surge; however, ether’s recent
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Landlocked between six different neighbors in the Horn of Africa, Ethiopia has approximately 120 million inhabitants, making it the second most populous nation on the continent, and a GDP of $163 billion, which puts it in the same economic league as Ukraine, Morocco, Slovakia or Kuwait.However, the country has also
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CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3701.1, down 1.1% (-39.29) since 4 p.m. ET on Monday.Four of 20 assets are trading higher.Leaders: APT (+4.6%) and ADA (+2.2%).Laggards: POL (-3.1%) and LINK
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Ripple, an enterprise-focused blockchain service closely related to the XRP Ledger (XRP), said Tuesday that it will use data provider Chainlink's (LINK) services to better integrate its RLUSD stablecoin with decentralized finance (DeFi) applications.This feature, which went live today on the Ethereum blockchain, allows developers to incorporate RLUSD into DeFi
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Bitcoin (BTC) miners' daily revenue and gross profit rose for the second consecutive month in December, hitting the highest levels since April, JPMorgan (JPM) said in a research report on Monday.Mining profitability increased as the rally in the world's largest cryptocurrency continued to outpace network hashrate growth, the bank noted.JPMorgan
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