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Category: Cryptocurrency

Senator Hagerty unveils stablecoin regulation framework to boost US Treasury demand

Posted on October 12, 2024 By admin No Comments on Senator Hagerty unveils stablecoin regulation framework to boost US Treasury demand
Senator Hagerty unveils stablecoin regulation framework to boost US Treasury demand

Senator Bill Hagerty (R-TN) unveiled a discussion draft of new legislation designed to provide a clear regulatory framework for stablecoin issuers. Hagerty, a member of the Senate Banking Committee, aims to remove regulatory uncertainty and unlock stablecoins’ full potential in enhancing payment systems and supporting US Treasury demand. Hagerty said in a statement: “Stablecoins have…

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Cryptocurrency

ETH, XRP, BNB, TON, and SHIB

Posted on October 11, 2024 By admin No Comments on ETH, XRP, BNB, TON, and SHIB
ETH, XRP, BNB, TON, and SHIB

This week, we examine Ethereum, Ripple, Binance Coin, Toncoin, and Shiba Inu in greater detail. Ethereum (ETH) While Ethereum had a volatile week, its price held well and closed it with a 1% gain. Buyers defended the cryptocurrency at the $2,400 support level, which continues to hold at the time of this post. It is…

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Cryptocurrency

7-Eleven’s parent company cuts full-year earnings forecast

Posted on October 10, 2024 By admin No Comments on 7-Eleven’s parent company cuts full-year earnings forecast
7-Eleven’s parent company cuts full-year earnings forecast

A customer is seen inside a 7-Eleven convenience store along a street in central Tokyo on September 9, 2024.   Richard A. Brooks | Afp | Getty Images Japanese convenience retailer Seven & i Holdings slashed its earnings forecasts and pressed ahead with restructuring plans that include spinning off non-core businesses into a standalone subsidiary. The…

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Cryptocurrency

Boeing Withdraws Contract Offer as Union Talks Break Down

Posted on October 9, 2024 By admin No Comments on Boeing Withdraws Contract Offer as Union Talks Break Down
Boeing Withdraws Contract Offer as Union Talks Break Down

(Bloomberg) — The crisis engulfing Boeing Co. took a dramatic turn after negotiations to end an almost monthlong strike collapsed and S&P Global Ratings warned it may cut the planemaker’s credit grade to junk as the work stoppage that’s hemorrhaging cash shows no sign of ending. Most Read from Bloomberg Both the embattled company and…

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Cryptocurrency

Benefits of Playing a Play-to-Earn Game

Posted on October 8, 2024 By admin No Comments on Benefits of Playing a Play-to-Earn Game
Benefits of Playing a Play-to-Earn Game

In the fast-evolving world of gaming, a revolution is unfolding with Play-to-Earn (P2E) games. No longer just a pastime, gaming has transformed into a lucrative activity that rewards players for their time and effort. Whether you’re a casual gamer or a seasoned pro, P2E games offer a dynamic experience where entertainment meets financial opportunity. But…

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Cryptocurrency

European tech brain drain ‘number one risk’ ahead of IPO

Posted on October 6, 2024 By admin No Comments on European tech brain drain ‘number one risk’ ahead of IPO
European tech brain drain ‘number one risk’ ahead of IPO

Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images A European technology talent brain drain is the biggest risk factor facing Klarna as the Swedish payments company gets closer to its upcoming initial public offering, according to CEO Sebastian Siemiatkowski….

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Cryptocurrency

Warren Buffett has sold about $10 billion of Bank of America stock — after slashing his Apple stake by nearly 60%

Posted on October 5, 2024 By admin No Comments on Warren Buffett has sold about $10 billion of Bank of America stock — after slashing his Apple stake by nearly 60%
Warren Buffett has sold about  billion of Bank of America stock — after slashing his Apple stake by nearly 60%

Warren Buffett is the CEO of Berkshire Hathaway.Mario Anzuoni/Reuters Warren Buffett has sold 23% of his Bank of America stake for about $10 billion since mid-July. Berkshire Hathaway’s American Express stake is now more valuable than its Bank of America bet. Buffett cashed in about 56% of his massive Apple bet in the first half…

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Cryptocurrency

Breaking Down Automated Market Makers (AMMs)

Posted on October 4, 2024 By admin No Comments on Breaking Down Automated Market Makers (AMMs)
Breaking Down Automated Market Makers (AMMs)

Automated Market Makers (AMMs) have emerged as one of the most transformative innovations in decentralized finance (DeFi). They are the engine that powers decentralized exchanges (DEXs) like Uniswap, SushiSwap, and Balancer, allowing traders to swap tokens without relying on traditional order books. This article provides an in-depth look at how AMMs work, benefits, challenges, and…

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Cryptocurrency

Stablecoins, DeFi boost Nigeria to second in global crypto adoption rankings – Chainalysis

Posted on October 2, 2024 By admin No Comments on Stablecoins, DeFi boost Nigeria to second in global crypto adoption rankings – Chainalysis
Stablecoins, DeFi boost Nigeria to second in global crypto adoption rankings – Chainalysis

Nigeria has emerged as the second-largest adopter of crypto worldwide, cementing its position as a leader in digital finance, according to Chainalysis’ upcoming report. The ranking illustrates Nigeria’s rapidly expanding crypto ecosystem, where everyday transactions, remittances, and business payments increasingly rely on digital assets, especially stablecoins. The country’s success mirrors a broader trend in Sub-Saharan Africa,…

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Cryptocurrency

Crypto Analyst Says to Watch XRP and Pepe Unchained for 2025 Bull Rally

Posted on October 1, 2024 By admin No Comments on Crypto Analyst Says to Watch XRP and Pepe Unchained for 2025 Bull Rally
Crypto Analyst Says to Watch XRP and Pepe Unchained for 2025 Bull Rally

Making the right moves in crypto can mean everything. With talk of the next bull rally heating up, investors are on the lookout for the next big winners. And one analyst has caught everyone’s attention with a bold take – highlighting XRP and Pepe Unchained as two tokens that could explode. Crypto Market Heats Up…

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Cryptocurrency

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