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The promise of owning and managing one’s own data is revolutionary, creating increasing interest in Web3 platforms and applications. For instance, recent findings show that the Web3 market was estimated to be worth around $2.9 billion last year, yet this number is expected to reach $23.3 billion by 2028. Web3
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Former President Donald Trump has warned that the U.S. economy is facing “a much bigger problem than recession.” Noting that “We’ll have a depression,” he stressed: “We have to get this country going, or we’re going to have a serious problem.” Donald Trump on Economic Recession and Depression Former President Donald Trump
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Bitcoin (BTC) rebounded from overnight lows on July 13 as markets nervously waited for United States inflation data.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCountdown to “highly elevated” inflation revealData from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing from $19,250 to $19,900 at the time of writing, up 3.3% on
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However, the organization responsible for declaring and dating recessions, the National Bureau of Economic Research (NBER), sees things a little differently. According to the NBER, a recession involves “a significant decline in economic activity that is spread across the economy” and lasts over a few months. Original Source
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The talks to allow digital currencies to exist in U.S. economy are underway. The suggestion is to achieve this by linking cryptocurrencies to the U.S. dollar. This contemplation took place on Tuesday at a meeting held by the U.S. Fed. At the meeting, a panel of speakers stated that the dollar
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Argentina, a country with one of the highest crypto adoption rates in the world, saw the price of dollar-pegged stablecoins surge across exchanges on Saturday after the abrupt resignation of its Economy Minister, Martin Guzman. The minister’s shock exit, confirmed on his Twitter account on July 3 via a seven-page letter,
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Major crypto exchanges reported that consumers purchased up to three times as many stablecoins on Sunday as they usually do amid a brewing economic crisis. Source
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Last week the Russian ruble hit a seven-year high against the U.S. dollar and while analysts have downplayed the rise, one economist said people should not “ignore the exchange rate.” American economists have been perplexed about the ruble’s market performance and Russian officials have been quoted as saying that a
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Yes, the current version of the web has fostered digital communities and other forms of social organization unconstrained by geographical limitation. Social media platforms, especially, have extended our capacity to connect with others who share our views, interests and goals via attention markets and matchmaking algorithms. Source
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What is the gas fee? In the blockchain world, the gas fee is a fee that users have to pay to the blockchain network for each transaction. For example, when a user makes a transfer on Ethereum, miners must package his transaction and put it on the blockchain to complete
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