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BIS Continues Work on CBDC and Tokenization Projects
January 24, 2024The Bank for International Settlements (BIS) Innovation Center recently unveiled its ambitious work program for the coming year, highlighting six new projects that delve into critical areas such as cybersecurity,…
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Nexo, a Crypto Lender, Pursuing $3B in Damages from Bulgaria
Cryptocurrency lender Nexo’s recent arbitration claim against the Republic of Bulgaria is a notable development in the crypto industry. The company is seeking $3 billion in damages, alleging that Bulgaria’s…
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The Reasons for the Current Decline in the XRP Market
XRP, a major cryptocurrency, has faced significant setbacks in recent days, falling below crucial price levels such as $0.60, $0.59, $0.57, and $0.55. This decline is largely attributed to various…
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Ethereum’s Price Expected to Drop to $2K as Critical Support Line Fails
Ethereum Price Struggles to Recover as Losses Extend Ethereum price has continued to face downward pressure, with the cryptocurrency testing the crucial $2,150 support level. As the price struggles to…
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Is it Possible for Hedera’s HBAR Token to Reach $0.272 by 2024?
In 2024, the cryptocurrency world is closely watching Hedera’s HBAR token, as it is poised for significant growth. Market analysts project that the price of HBAR will potentially surpass the…
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Report: Regulators Probing Failed Crypto Company’s $58 Million Debt to Creditors After 2021 Bankruptcy
January 23, 2024Australian securities regulators are currently conducting an investigation into Blockchain Global due to the suspected involvement of two of its directors in previous crypto schemes. The Australian Securities and Investment…
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The Price of Bitcoin is Fair
Bitcoin, the world’s largest cryptocurrency, experienced a significant drop to approximately $38,600 after the approval of Bitcoin Spot ETFs. Fidelity Managing Director Jurrien Timmer recently analyzed this development and provided…
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Binance Coin Price Expected to Surpass Bitcoin Recovery in the Next Month – Here’s Why
In the current market downturn, the price of BNB, the native token of Binance, has remained strong above the crucial $285 support level. Despite this, a bullish flag formation on…
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Taurus, a Swiss Fintech Company, Receives Approval to Provide Tokenized Securities to Retail Customers
Taurus, a Swiss fintech firm backed by Deutsche Bank, has recently gained approval from Switzerland’s Financial Market Supervisory Authority (FINMA) to offer tokenized securities to retail clients. This regulatory milestone…
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Nine new spot bitcoin ETFs collectively gather more than 100,000 BTC
The nine recently launched spot Bitcoin ETFs have collectively amassed over 100,000 BTC (equivalent to approximately $4 billion) in assets under management. These ETFs include offerings from BlackRock (IBIT), Fidelity…