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Bitcoin (BTC) continued to range below $50,000 on Aug. 31, the final day of the month, as analysts demanded higher levels in order to continue the bull run.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$51,000 remains the deal-breaker for BTCData from Cointelegraph Markets Pro and TradingView painted a dull picture for investors
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The Bank of Thailand (BOT) has revealed that it plans to develop and test its retail CBDC in the second quarter of 2022. This development was revealed by Vachira Arromdee, the assistant governor of BOT’s Financial Markets Operation Group. She added that the initial pilot tests would be conducted within a
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For Quiznos, the initiative might help to enhance its business that has been rapidly declining after 2009. Meanwhile, for Bakkt, the partnership will add more customers to its app launched in April.Quiznos, a Colorado-based fast-food chain that specializes in offering toasted submarine sandwiches, has partnered with Bakkt Holdings, a digital asset
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Bitcoin (BTC) bulls are locked in a battle with bears in order to take control of the $40,000 level and dovish comments from U.S. Federal Reserve Chair Jerome Powell suggest that loose monetary policies will remain in place for the foreseeable future.Generally, the crypto ecosystem is “cautiously optimistic” about further price
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Showcasing the use of cryptocurrency in monetary transfers, Ripple has become a known partner for traditional institutions that wish to revamp their cross-border remittance services. Taking this vision further, Ripple announced a new partnership with Japan’s SBI Remit to transform remittance payments from Japan to the Philippines.Ripple’s latest partnership will
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Most crypto enthusiasts are less than pleased with the United States Securities and Exchange Commission’s past approach to crypto. This is not because legitimate businesses oppose regulation but because of the breadth, complexity and uncertainty associated with the current regulatory regime. Even in the context of general discontent, few actions
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Spanish stock exchange Bolsas y Mercados Españoles, or BME is set to test its blockchain infrastructure for small- and medium-sized enterprise financing following a successful pilot run back in 2020.According to Finextra on Friday, this next set of trials by BME will involve businesses that are part of the country’s SME
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Ethereum started a fresh increase and it traded to a new all-time high above $4,250 against the US Dollar. ETH price is now showing signs of more upsides towards $4,500. Ethereum found support near $3,700 and it surged to a new all-time high near $4,280. The price is trading well above $4,200
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Dogecoin extended its rally above the $0.4000 resistance against the US Dollar. DOGE tested the $0.4500 zone and it is likely to continue higher in the near term. DOGE gained bullish momentum above the $0.3500 and $0.4000 resistance levels against the US dollar. The price is trading nicely above the $0.3000 support
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