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Some traders have embraced what might be a Crypto Spring, while others are still skittish and scarred by the bear market. “It’s tough for traders. We’re human beings, we’re emotional,” says Christopher Inks, who runs the trading group Texas West Capital. Inks says that for many traders who were so
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The e-HKD program has taken a three-rail approach for the potential implementation of the virtual currency: foundation layer development, industry pilots and iterative enhancements, and full launch. Hong Kong’s central bank digital currency (CBDC) pilot is set to advance to its second phase following the successful completion of phase one. The
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BlockFi has announced its emergence from bankruptcy and is initiating plans to repay creditors, marking a significant turnaround after last year’s challenging halt of withdrawals following the FTX exchange collapse. The Oct. 24 announcement by BlockFi, a crypto lending firm, about its emergence from bankruptcy and the commencement of creditor repayments
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The Ad Hoc Committee of Non-US Customers of FTX.com announces the successful execution of a Settlement and Plan Support Agreement (PSA) filed with the U.S. Bankruptcy Court in Delaware. This PSA, achieved after extensive negotiations with various parties, establishes a framework for a consensus-based reorganization plan. Positive results Earlier in March, the Ad
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Mastercard has completed a trial involving wrapping central bank digital currencies (CBDCs) on different blockchains, similar to wrapped Bitcoin (wBTC) and wrapped Ether (wETH).According to the Oct. 12 announcement, the trial was conducted with the Reserve Bank of Australia (RBA) and the country’s Digital Finance Cooperative Research Centre CBDC, along
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Toshiba believes that going private may help give the company renewed focus to tackle all of its teeming problems. Japanese multinational electronics company Toshiba Corporation is set to go private after a successful acquisition by a group of buyers led by Japan Industrial Partners. The deal, worth ¥2 trillion ($13.5 billion)
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The WhatsApp Channels will allow users to receive important updates from people and organizations amid the changing regulatory landscape. Meta Platforms Inc (NASDAQ: META) shares closed Wednesday trading at $305.06, having gained 1.23 percent from the day’s opening price. The gains are likely to be attributed to Meta’s announcement that the
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On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) ratio is nearing a retest that could be crucial for the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The analyst who correctly predicted PancakeSwap (CAKE) and Tezos (XTZ) rallies is now bullish on Watchvestor (WVTR). He believes the token will likely surge from $0.03 to new levels in upcoming sessions. PancakeSwap price outlook CAKE reached
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IBM has some ideas about what it will take to make the digital euro a success, which it shared in a recent blog post. It suggested five items for designers to help the European Central Bank (ECB) digital currency “enter the highly competitive, multifaceted, and heterogeneous payments landscape in the
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