Monday, August 18, 2025
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Axie Infinity token AXS gains 40% after taking steps to avoid ‘permanent economic collapse’

The price of the Axie Infinity (AXS) token has surged by nearly 40% in three days. AXS rallied to over $65, its best level in more than two weeks, as Axie Infinity revealed a revamped reward structure for its player-vs-player (PVP) competition round.In detail, the play-to-earn startup expanded its number

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Sheila Warren Leaves World Economic Forum to Lead Crypto Lobbying Group

“We are excited for the organization's next chapter under her leadership, demonstrating and communicating the transformational benefits of crypto to policymakers, regulators, and people around the globe,” Fred Ehrsam, co-founder and managing partner at Paradigm and CCI board member, said in a press release. Source

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First Mover Asia: Fed Tightening, Economic Woes Continue to Spook Crypto Investors

Good morning. Here’s what’s happening:Market moves: Bitcoin and ether go down and then up; altcoin prices are mixed.Technician's take: BTC appears oversold into the Asia trading day, but upside remains limited.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $42,463 +0.8%Ether (ETH):

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First Mover Asia: Bitcoin Continues Its Sluggishness Amid Darkening Economic Signs

Good morning. Here’s what’s happening:Market moves: Bitcoin's price hovered above $43,000 as investors looked for signs that the cryptocurrency's price had hit a bottom point.Technician’s take: Support remains intact, which could keep BTC buyers active over the short term.Catch the latest episodes of CryptoX TV for insightful interviews with crypto

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‘Financial Inclusion’ — A Buzzword for Central Banks Who Secretly Despise Economic Freedom – Op-Ed Bitcoin News

The World Economic Forum (WEF) has released its latest report on “digital currency governance” this month, addressing stablecoins, cryptocurrencies, and “barriers to financial inclusion.” Like most central banks, regulators, think tanks, and politicians, the WEF publication gives lip service to the power of crypto, but never addresses the elephant in

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Polkadot Chief Promises Freedom From Ethereum’s ‘Economic Enslavement’

The completion of the first Polkadot parachain auction was occasion for its creator, Gavin Wood, to herald a newfound freedom from the economic constraints of Ethereum smart contracts.Wood, a co-founder of Ethereum who helped develop the smart contract programming language Solidity, said Polkadot’s economic lease-holding model for parachains (literally, parallelized

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QED, Aims To Lead The Next Generation Oracle Products For DeFi With Its Robust Economic Model

Oracles, according to Cryptopedia, are protocols for smart contracts in the blockchain industry to interact with external data. Smart contracts are essentially computer programs that run within a blockchain and automate a set of transactions when certain conditions are met. Thus, smart contracts contribute to the complete decentralization of the

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Kazakhstan expects at least $1.5B in economic activity from crypto mining within 5 years

A report from the Data Center Industry & Blockchain Association of Kazakhstan, or NABDC, estimates that cryptocurrency mining could bring $1.5 billion in revenue for the country over the next five years. Currently, corporate digital currency mining activities generate about 98 billion tenge ($230 million) per year in the country.

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