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Bitcoin
Nigerian Central Bank Stops Forex Sales to Bureaus de Change — Operators Accused of Feeding Black…
The Central Bank of Nigeria (CBN) recently announced the abrupt end to sales and outsourcing of foreign exchange to Bureau de Change (BDC) operators after accusing them of failing to stick to their core mandate. Instead of providing forex…
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Four Crypto Assets Surge 90% or More in Just One Week As Bitcoin Leads Marketwide Rally
Four low-cap crypto assets are surging and printing substantial gains in the last seven days while Bitcoin eyes its longest winning streak this year.
Leading the altcoin charge is Axie Infinity (AXS), a blockchain-based game that allows…
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Iran Raises Alarm Over Potential Influx of Miners From China
With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has emerged as a prospective destination. However, the country’s…
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Unique Addresses Tethered to Ethereum Defi Apps Climb Past 3 Million
The number of users or unique addresses leveraging decentralized finance (defi) protocols via Ethereum has risen past 3 million according to recent statistics. A vast majority of these unique addresses use the defi protocol Uniswap, as 2.4…
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Kenyan Farmers Pivot to Cryptocurrency as Popularity of Community Currencies Grows
The growth and popularity of community inclusion cryptocurrencies in Kenya continues to soar with the country’s rural farmers being the latest group to embrace the financial technology. As one report reveals, some farmers in…
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Bitcoin Short Squeeze Revives Trading Volume And Volatility
After what seems like a thousand years of stability and a slight downtrend, bitcoin is back. Volatility is wreaking havoc. Trading volume seems to be picking up steam. And, more importantly, the community’s morale is climbing up. In any…
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IMF Warns Against Adopting Crypto Assets Like Bitcoin as Legal Tender
The International Monetary Fund (IMF) has warned against adopting cryptocurrencies, like bitcoin, as legal tender. Noting numerous risks and costs involved, the IMF does not see crypto assets catching on as a national currency.
IMF Warns of…
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Senator Warren Urges Treasury Secretary Yellen to Urgently Adopt Policy to Mitigate…
U.S. Senator Elizabeth Warren has asked Treasury Secretary Janet Yellen to “act with urgency” and adopt an appropriate policy to address the risks posed by cryptocurrencies. “The longer that the United States waits to…
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October 2020 Déjà vu? Bitcoin pullback at $38K has traders at odds over next move
Bitcoin consolidates below $38,000 following yesterday’s rally above $40,000 while altcoins give back most of their gains.
The wider cryptocurrency market entered a period of consolidation on July 27 following Bitcoin’s (BTC) brief spike…
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Mastercard Launches Global Program to Help Cryptocurrency Startups Scale Their Innovations
Payments giant Mastercard has launched a new, global program for cryptocurrency startups. Seven crypto companies have already joined the program. Together with Mastercard, they will work to “expand and accelerate innovation around…
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