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“Startups were able to raise uncharacteristically sized rounds for their stage, commonly acquiring multiple years of runway pre-product, while over the course of the last six months, investors pivoted to underwriting fewer deals targeting higher conviction, more concentrated bets,” George told CoinDesk in a note. “During this period of time,
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A World Economic Forum (WEF) panel comprised of central bankers and global tech providers has profiled central bank digital currencies (CBDCs) as the future of central bank money, presenting them as one of the solutions for limitations in the payments sector today. However, they have also stated these present several
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Bitcoin price is showing signs of getting overheated on daily timeframes using the Relative Strength Index (RSI). The tool, typically used to spot overbought conditions, is at one of its highest levels ever historically. However, an elevated RSI reading in BTCUSD is deceiving, leading to some of the most dramatic moves
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“It’s one thing to show that the math works, it’s another thing to have a security audited, tested out, hardened system,” Brody said in an interview. “We currently have a beta client for the supply chain work that is ongoing now, and we expect to show the first production ready
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“Thanks to the collaboration with Unstoppable, our users can now claim their Web3 domain and expand their digital identity beyond metaverse platforms,” said Timmu Tõke, co-founder and CEO of Ready Player Me told CoinDesk. “They will be able to take advantage of all of the features offered by Unstoppable Domains,
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The Mexican central bank digital currency (CBDC), the digital peso, is unlikely to be ready by 2024, as was announced back in 2021 by the Mexican government. In a statement, representatives from Banxico, the central bank of Mexico, stated the development of the currency was still in its initial stages,
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Ethereum was able to clear the $1,240 resistance zone against the US Dollar. ETH is showing positive signs and there might be a move above the $1,300 resistance. Ethereum is moving higher above the $1,220 and $1,240 resistance levels. The price is now trading above $1,220 and the 100 hourly simple moving
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A Moroccan draft crypto law, which seeks to protect individuals from the risks associated with crypto trading, is ready and will soon be presented to stakeholders, Abdellatif Jouahiri, the governor of Bank Al-Maghrib (BAM), has said. Adoption of crypto by Moroccan residents is now inevitable hence a regulatory framework is
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Place/Date: - January 2nd, 2023 at 10:00 am UTC · 3 min read Source: Orbeon Protocol As the cryptocurrency market continues to expand, predictions and forecasts become more important than ever. We’ve seen this trend in many cryptos, most notably with Ethereum (ETH) and Orbeon Protocol (ORBN),
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Bitcoin price remained well bid above the $16,920 support. BTC climbed higher and might soon aim an upside break above the $17,500 resistance zone. Bitcoin found a strong buying interest near the $16,920 and $16,900 levels. The price is trading above $17,000 and the 100 hourly simple moving average. There is a major
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