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Just days after registering marginal gains against the U.S. dollar, the Ghanaian currency — the cedi — slipped to C14:$1 versus the U.S. dollar on the foreign exchange parallel market on Nov. 7. The cedi’s reversal is said to have dented the currency’s recovery prospects. On the other hand, Ghana’s
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Amid the chaotic economy, plagued with central bank tinkering, supply chain issues, and red-hot inflation, the professor of applied economics at Johns Hopkins University, Steve Hanke believes a “pretty big recession” will take place in 2023. Speaking in an interview on Oct. 28, Hanke said that he updated the probability
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The kids kept playing their music. “We’re [bloody] serious, we’re dedicated,” Aoki says. “And every single person in that room is a contributor.” They were building something. And each of the kids, metaphorically speaking, “had to pick up the bricks, had to pick up the axes, had to pick up
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Movella, a metaverse-adjacent firm that offers motion capture sensors and software, will become a publicly-traded company on Nasdaq through a combination with Pathfinder Acquisition Corporation (PFDR), according to a regulatory filing with the U.S. Securities and Exchange Commission. Pathfinder is a special purpose acquisition company, or SPAC, formed by affiliates
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The AQUA marketplace will highlight featured games and already has partnerships with three titles, including God’s Unchained and Guild of Guardians. New titles will be added every month. AQUA is built on Immutable X, the game-focused layer 2 blockchain, but plans to expand to additional chains where strong games are
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The new vehicle from the hedge fund billionaire would trade spot cryptocurrencies and crypto derivatives. Source
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Hedge fund manager Steve Cohen has existed his investment in crypto trading firm Radkl, according to a report by Bloomberg Tuesday citing a spokesperson for the company. Original Source
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As political leaders in crisis-hit Lebanon bicker over positions in the yet-to-be-formed government, the country’s runaway inflation rate surged to 211% in May 2022, new data has shown. Economist Steve Hanke insists that a currency board is a solution to Lebanon’s currency woes. Black Market in Fuel Driving Inflation The inflation
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Despite its rollercoaster ride in the market, there are always people who remain steadfast in their belief in Bitcoin. One of them is a pillar of tech behemoth, Apple Inc. Steve Wozniak — the Apple co-founder — has stated that he expects the world’s top cryptocurrency to reach $100,000 in the
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Apple co-founder Steve Wozniak expects the price of bitcoin to hit $100,000. “I just really feel it from all of the interest,” he explained. “The interest in crypto is so high.” Steve Wozniak’s Bitcoin Price Prediction Apple co-founder Steve Wozniak shared his view on cryptocurrency in an interview on the Wild
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