DXY Set To Peak, Fueling Potential Bitcoin Rally To $37,000
The largest cryptocurrency by market cap, Bitcoin (BTC), dropped after a prolonged period of consolidation around the $29,000 mark. The failure to
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Potential
Why did Bitcoin drop? Analysts point to 5 potential reasons
Elon Musk's SpaceX reportedly selling its Bitcoin (BTC) holdings, the bankruptcy of a Chinese property giant and fears of interest rate hikes have been among the theories raised as to Bitcoin's freak price dip.On Aug. 18 around 9:35 pm UTC, the price of Bitcoin suddenly plummeted over 8% in a
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FDIC highlights potential banking risks from crypto activities
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In this year’s review, the FDIC evaluates the potential implications and challenges of integrating crypto activities into the traditional US banking framework. In its 2023 annual risk review, the US Federal Deposit Insurance Corporation (FDIC) dedicated
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11 potential impacts on crypto and the market from the rise of CBDCs
In June 2023, the Atlantic Council, based in the United States, announced the results of a study on global nations’ interest in and progress toward creating their own central bank digital currencies. Eleven countries have already launched CBDCs; 130 others are in the exploratory phase, and about half of those
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Chainlink Hints At Potential Rally To $8
Chainlink’s LINK price is holding the $7.30 support zone. The price could start a fresh increase if it clears the $7.50 resistance
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Unleashing the Potential of the 2024 Halving on Prices
In the context of the constantly changing and complex cryptocurrency industry, Bitcoin is currently facing a critical point in its trajectory, as
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Polkadot to change parachain auctions, investors exploring DigiToads’ potential
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The expansive approach taken by central banks in printing money has led to increased interest in cryptocurrencies among affluent individuals. Currency has evolved from ancient gold coins to modern debit, credit systems, and digital assets. The crypto
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Dogecoin Rally Ahead? This Positive Correlation Data Points To A Potential 20% Jump For DOGE
Dogecoin has been one of the cryptocurrencies to watch in the past few weeks. However, the token’s price appears to be slowing
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potential impact and user reactions
PayPal’s stablecoin, PYUSD, made its debut on August 7. Explore PYUSD, what it means for crypto, and how the community reacted. The financial landscape, long accustomed to gradual evolution, witnessed a seismic shift on August 7 when PayPal, a vanguard of financial technology, introduced PYUSD, its US dollar-based stablecoin. Today, we’re unveiling
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Stablecoins: A Potential Counter to De-Dollarization
Demand for greenbacks in the global economy is increasingly flowing into permissionless stablecoins, even as domestic policies and foreign efforts like a BRICS-issued currency could erode the U.S. dollar's overall dominance. Source
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