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As Gap increased layoffs during the first quarter, online sales declined 9 percent YoY but accounted for about 37% of net sales. After starting the year with a bearish sentiment, Gap Inc (NYSE: GPS) – an American apparel company – saw its shares rise approximately 14 percent during Thursday’s after-market hours
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The latest example comes from Ledger, the Paris-based crypto hardware wallet company, which, following a public-relations firestorm last week, announced Tuesday that it would delay plans to release a controversial new wallet-recovery feature called Ledger Recover. Source
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Bitcoin (BTC) surfed $27,000 on May 16 as traders stayed buoyant about upside continuation.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView$24,000 BTC price still in play, says traderData from Cointelegraph Markets Pro and TradingView showed BTC/USD still focusing on the $27,000 mark, having dipped to $26,870 after the daily close.Still
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Bitcoin (BTC) hit new intraday lows on April 21 as traders warned that $25,000 might come next.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: $25,000 BTC price would be "absolutely fine"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD struggling to preserve $28,000 as support on Bitstamp.The pair looked “weak,” in the words
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Fintech firm Ripple has launched its liquidity solution for businesses to bridge the gap between crypto and fiat. Ripple liquidity hub was launched on April 13 after a successful pilot last year.The service operates as a stand-alone solution in addition to Ripple’s popular cross-border payments service called on-demand liquidity (ODL). This
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Despite a turbulent week for crypto following the downfall of Silicon Valley Bank (SVB) and Signature Bank, Bitcoin (BTC) market cap has managed to flip that of tech giant Meta.At the time of writing, data from Companies Market Cap shows Bitcoin's market cap has reached $471.86 billion, surpassing that of Meta’s
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Still, the fact remains that too many people, both men and women, do not have access to the internet and the digital devices they need to benefit from a digitizing economy. Women, particularly in developing countries, may not have the same level of access to digital devices and the internet
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The key differences between BLINC and SEN is that the former is multicurrency and isn’t tied to a single credit institution, such as a Silvergate or Signature Bank, Landsberg-Sadie said. It was not designed to take deposits, he added, having been purpose built as a payment institution, providing onramps to
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While centralized exchanges are thought to be safer and more efficient, proponents of decentralized platforms like Tim Shan insist that user experience on decentralized exchanges has improved. In addition, inherent benefits associated with decentralized exchanges such as the self-custody of assets make look more appealing than centralized exchanges. Decentralized Exchanges
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The annualized percentage yield from providing stablecoin liquidity on Curve's 3pool, also known as DeFi's savings bank account, is nearly 250 basis points less than the yield on the 10-year U.S. Treasury note. Source
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