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The Growing Market Value of Stablecoins: A Multi-Billion-Dollar Expansion

Introduction In the past few weeks, leading stablecoins have witnessed a significant increase in market value. The total economy of these fiat-pegged tokens has grown from $123.66 billion to $129.14 billion, marking a substantial growth of nearly $6 billion. This growth comes after the stablecoin industry experienced a decline of tens of billions in the […]

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Binance CEO Reveals Executives of Client Were Kidnapped Over Crypto Holdings

Changpeng Zhao, the CEO of leading crypto exchange Binance, recently shared a shocking incident where executives of a Binance client were kidnapped and forced to empty their crypto wallets. However, Binance was able to track the transactions and freeze over 94% of the stolen funds, highlighting the exchange's commitment to security. Blackrock Advocates for Approval

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The Bank of Ghana Identifies Eight Money Transfer Organizations Operating Without Approval

Eight Firms Violating Foreign Exchange Act The Bank of Ghana (BOG) has recently identified eight money transfer organizations (MTOs) operating in Ghana's remittances and forex markets without approval. In a notice issued on November 16, the central bank warned the public and regulated financial institutions against engaging with these MTOs. The MTOs in question are

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German Parliament Member Supports Making Bitcoin Legal Tender

Introduction A member of the German Bundestag (federal parliament), Joana Cotar, has expressed her support for making Bitcoin a legal tender in Germany, in an exclusive interview with Cointelegraph. Cotar believes that Bitcoin should be officially recognized as a legal form of payment in the country while ensuring the necessary legal security for companies and

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Ethereum Technical Analysis: ETH Slips 4%, Traders Eye Critical Support With Caution

Ethereum's Market Behavior Ethereum (ETH), the second-largest cryptocurrency by market capitalization, experienced a downturn on Friday, dropping 4.7% against the U.S. dollar. Over the previous week, it has seen a decline of 6.6% in its value. The trading dynamics on November 17, 2023, showcased a complex blend of factors influencing ethereum's market behavior. Ethereum's Market

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The NHL Collaborates with Sweet to Launch NHL Breakaway, a Digital Collectibles Platform

The National Hockey League (NHL), in partnership with the NHL Players' Association and the NHL Alumni Association, has joined forces with non-fungible token (NFT) firm Sweet to introduce NHL Breakaway, an innovative digital collectibles platform. This collaboration aims to provide fans worldwide with the opportunity to collect, gift, trade, and showcase highlights and significant moments

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Blackrock Rumors Stir Market Waves for XRP Price

XRP's Price Rollercoaster: Blackrock Rumors Stir Market Waves In recent days, the price of XRP, a popular cryptocurrency, has experienced significant volatility due to market rumors surrounding Blackrock's alleged involvement. As of today, XRP is valued at $0.654, reflecting the dynamic interplay of market forces and investor sentiment. The Impact of Blackrock Rumors on XRP

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Ethereum Technical Analysis: ETH’s Bullish Streak Meets Oscillator Caution

Ethereum Price Action Ethereum's price remains above the $2,000 threshold, with a 24-hour trading range between $2,031 and $2,072. Over the past seven days, ETH has experienced an 8% increase, and over the past 30 days, it has risen by 32.5% against the U.S. dollar. While the relative strength index (RSI) stands at 72.2 and

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