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Most analysts and traders expect the Federal Open Market Committee (FOMC) to vote for holding the rates as they are. The prices of gold moved up on Wednesday as the dollar weakened while the world awaits a decision from the Fed. The slowing US inflation solidified assumptions that the Fed would
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USDC issuer Circle Internet Financial said late Friday it "awaits clarity" from federal banking regulators on the status of its deposits at Silicon Valley Bank, one of the six financial institutions it said are responsible for managing one quarter of the assets backing its $43 billion stablecoin. Original Source
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The Graph (GRT) price slipped on Feb. 8 alongside a broader correction across the top crypto assets.GRT price skyrockets with other data management tokensGRT’s price plunged nearly 14.5% intraday to $0.18, showing signs of short-term upside exhaustion after rising over 200% earlier in the year. At its sessional high, the
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Bitcoin (BTC) preserved its active trading range into the Feb. 1 Wall Street open as markets looked to the day’s key macroeconomic data.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$23,500 becomes level to beat for Bitcoin bullsData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it continued to move in
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The former CEO of FTX, Sam Bankman-Fried (SBF), has published a Substack newsletter on Jan. 12, 2023, and the first post is titled “FTX Pre-Mortem Overview.” In the post, SBF maintains that an “extreme, quick, targeted crash precipitated by the CEO of Binance made Alameda insolvent.” The blog post does
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The 10-year Treasury yield was up 1 basis point in anticipation of the Fed’s next move regarding inflation. The yield on the US 10-year Treasury note was marginally higher on Friday, December 23rd, as investors await critical inflation data. The markets are paying close attention to a key
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The original release of the blockchain implementation of Shiba Eternity occurred in Australia on September 17. Shiba Inu followed the larger market
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The BoE will detail its plans to regulate systemic stablecoins, including whether it will be authorizing firms next year, in a consultation, where the government lays out proposed regulatory measures in a document and invites the public or industry representatives to weigh in. The PSR, too, is planning to issue
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"Nice uptick on Bitcoin after the FOMC raise rates by 75 bps, meeting expectations," Secure Digital Markets, a Toronto-based digital assets brokerage, said in a Telegram-based research channel. "Technically, we are seeing a very clean breakout to the upside, which started ahead of the data, seeing institutions taking heavy positions
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The state of New York passed a bill that puts a moratorium on specific types of cryptocurrency mining operations that leverage carbon-based energy sources. The policy will place a two-year ban on proof-of-work (PoW) mining if the assembly bill is approved by New York governor Kathy Hochul. New York PoW Mining
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