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For many, using the eNaira isn't straightforward. In March, the central bank said the value of eNaira transactions up to that point in the year was 22 billion naira ($48 million at the time). The country has a $220 billion informal economy that thrives on cash and has too few
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The SEC employed 4,685 people in 2023, with roughly half focusing on enforcement and examinations duties, according to data Gensler shared in his remarks. The additional funding would help the agency add 170 positions to its teams, in addition to providing full-year funding for staff members hired in 2023, potentially
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“Looking ahead, with no major scheduled events or economic data releases this week, we anticipate that price action in the market will be influenced by open interest levels, reflecting trader sentiment, and trending topics such as memes and artificial intelligence,” Johnny Teng, Senior Researcher at LBank Labs, said in a
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The latest price moves in bitcoin (BTC) and crypto markets in context for July 5, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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The developers led by Mike Neuder opine that a validator set contraction has positive implications for the beacon chain decentralization roadmap, the current p2p layer, and the validators. The Ethereum (ETH) network is best described as art in development amid mainstream crypto and blockchain adoption. With the proof-of-stake (PoS) still
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Most analysts and traders expect the Federal Open Market Committee (FOMC) to vote for holding the rates as they are. The prices of gold moved up on Wednesday as the dollar weakened while the world awaits a decision from the Fed. The slowing US inflation solidified assumptions that the Fed would
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Breaking the year-long trend of declining Bitcoin (BTC) and crypto ATMs across the globe, May recorded a steep increase in net installations with nearly 1,400 machines.The total number of crypto ATMs witnessed a consistent decline for the first four months of 2023. During the timeframe, while major economies including the
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Stocks in Europe and Asia have risen in response to the debt ceiling increase approved by lawmakers in the US. Stocks in Europe opened higher today after the US Senate approved a bill to suspend the government’s debt ceiling. Following a 63-36 vote, US lawmakers agreed to raise the debt ceiling to prevent
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to CoinMarketCap data, litecoin is the top gainer in the last 24 hours with a 7.04% increase to $95.12. The growing price comes in anticipation of Litecoin’s third mining reward halving. A reduction in mining rewards CoinMarketCap’s top
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As these two significant platforms combine their experience and resources, they have the potential to set new standards for decentralized banking and uncover a plethora of opportunities for developers and consumers alike. Tenet, a functional layer-1 blockchain network built on the Cosmos SDK, has recently forged a groundbreaking partnership with LayerZero,
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