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US Stock Market Unchanged as Fed Governor’s Remarks Signal Potential Shift

On Wednesday, major U.S. indices concluded the day unchanged after a previous day's rise. This surge was influenced by the dovish remarks made by Federal Reserve Governor Christopher Waller on Tuesday. Market observers infer that Waller's comments indicate a potential shift in the stance of the U.S. central bank, which is a notable deviation given

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Bitcoin Technical Analysis: BTC Bulls Aim to Break Upper Resistance

Bitcoin's Price Analysis The price of bitcoin is currently hovering just above the $38K range after a bullish trading day on Tuesday. This surge in price follows U.S. Federal Reserve Governor Chris Waller's dovish speech. Bitcoin's 24-hour range has been between $37,156 to $38,450, and it currently boasts a market capitalization of approximately $745 billion.

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Standard Chartered Bank Begins Offering Digital Yuan Exchange Services in China

Standard Chartered Bank Participates in Digital Yuan Pilot Standard Chartered Bank (China) Ltd. has recently announced that it is now offering digital yuan exchange services to customers, making it one of the first foreign banks to participate in China's central bank digital currency (CBDC) pilot. With its long-standing presence in the Chinese market for 165

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Robert Kiyosaki Urges Investors to Get into Bitcoin and Ditch Fiat Money

Introduction Renowned author Robert Kiyosaki, famous for his book "Rich Dad Poor Dad," has once again advised investors to embrace alternative investments such as gold, silver, and bitcoin while urging them to ditch fiat currency. Kiyosaki has been a vocal advocate for these assets and believes that workers and savers in U.S. dollars are at

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The Remarkable Growth of Stablecoins in the Market

Stablecoins Experience Multi-Billion-Dollar Market Expansion in Three Weeks In recent weeks, the market value of leading stablecoins has surged, signaling a significant growth in the economy of these fiat-pegged tokens. The market has witnessed a remarkable increase from $123.66 billion to the current $129.14 billion, amounting to nearly $6 billion. This growth comes after the

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ECB Chief Christine Lagarde Reveals Her Son’s Crypto Investment Despite Warnings

Lagarde's Son Ignored Her Advice About Crypto Investing The president of the European Central Bank (ECB), Christine Lagarde, recently shared that her son went against her advice and invested in cryptocurrency. Lagarde revealed during a town hall with students in Frankfurt that her son experienced a loss of approximately 60% on his investment. Despite this

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Poloniex Hack Analysis: North Korean Hacking Syndicate Lazarus Group Suspected in Wallet Breach

Introduction The recent breach of the hot wallet at Poloniex, a popular crypto exchange, is suspected to be the work of the Lazarus Group, a hacking syndicate backed by North Korea. This analysis is based on observations made by market research platform X-explore, which noted similarities between the tactics used in this attack and a

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Singapore High Court Orders Liquidation of Hodlnaut, Providing Reimbursements to 17,000 Customers

The Singapore High Court has made a significant decision regarding Hodlnaut, a crypto lender, by ordering its liquidation. The court's objective is to ensure that the company's 17,000 customers are reimbursed following the aftermath of Terra's decline and Hodlnaut's subsequent $193 million deficit. Hodlnaut, a Crypto Lender, Faces a $193M Shortfall Hodlnaut encountered difficulties when

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