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The U.S. economy has declined for the second-straight quarter as the country’s gross domestic product (GDP) declined by 0.9% in Q2. The Bureau of Economic Analysis’s summary of the U.S. GDP follows the recent debate over the technical definition of a recession. America’s Q2 GDP Data Points to a Recession One of
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KuCoin and SIG will also collaborate in incubation and ecosystem building for crypto startups through incubation, investment, and technical consultation. Source
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The crypto bear market of 2022 has spared no digital asset in the space, and stablecoins have been no different. The assets which have always served as a safe haven for investors when it comes to the high volatility of the crypto market had seen a drawdown coming into the
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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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U.S. employers added TK jobs in June. Original Source
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Traders assessed revived concerns of inflation and growth for the coming months. Original Source
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The Plugin and Inclusive Growth Chain have collaborated to implement the ‘Project Pollution Check’. The Pollution Check is designated to collect and tabularize the data regarding air pollution. And further help end-users like air purifier producers, realtors, and the environment conversalists both in public & private sectors. In this context, let’s
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To put things into perspective, since November 2021, the total market capitalization of the digital asset industry has plummeted from it’s all-time high of $3 trillion to its current levels of approx. $1.27 trillion, thus showcasing a loss ratio of over 55%.While this massive monetary downturn can be attributed to
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The Arrington Moonbeam Growth Fund will finance new companies and protocols on the Moonbeam network, aiming at a wide range of verticals, including decentralized finance (DeFi), marketplaces, non-fungible tokens (NFTs) and gaming. The fund has already deployed capital to two undisclosed projects. Original Source
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Canadian cryptocurrency trading platform VirgoCX raised $7.95 million in a Series A funding round as the firm plots global expansion along with added product and service offerings. Source
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