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Bitcoin's strong October breakout from the $27,000 area has been stalled in the $34,000-$35,000 area for the past week, perhaps awaiting fresh fuel. While any dovish signal from the Fed could provide a push out of that range, few are expecting it. “We still see another U.S. rate increase as
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The post-COVID-19 era has brought the issue of inflation to the forefront, leading to increasing interest within the Web3 space for creating flatcoins, a close “cousin” of stablecoins designed to mitigate inflation risk.Many existing flatcoins, like Terra’s TerraUSD (UST) stablecoin, are algorithmically backed and therefore serve as a stark reminder
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Indonesia’s financial watchdog the Otoritas Jasa Keuangan (OJK) warned financial institutions in the country against offering or facilitating crypto-asset sales.On Tuesday, the official Instagram account for OJK posted a warning against the growing number of crypto Ponzi schemes and risks of crypto investments owing to the market’s volatility. The official
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