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Egypt Struggles With Skyrocketing Inflation and Depreciating Currency, While Bitcoin Nears Record High in the Country
11.7.2023
According to the Egyptian Statistics Bureau, Egypt’s annual inflation rate hit 36.8% in June, a staggering 33.7% increase from May’s inflation rate, breaking records. Egypt, the world’s 14th most populous country, grapples with soaring prices for goods and services across...
Google Trends Data Reflects Rising Interest in BRICS Bloc and De-Dollarization Searches
10.7.2023
Set to take place in less than two months, the upcoming BRICS Summit in Johannesburg, scheduled for August 22 to 24, has captured global attention. Anticipation is mounting as ministers from the BRICS countries convene to explore potential avenues for expanding the bloc’s membership...
Bitcoin Mining Difficulty Set to Surge: Record-Breaking Increase Looms, Erasing Recent Reduction
10.7.2023
According to data recorded on July 9, 2023, Bitcoin’s next difficulty adjustment is estimated to rise between 4.74% and 7.7%, erasing the 3.26% reduction that occurred on June 28. Moreover, the total network hashrate achieved a 24-hour all-time high on July 8, reaching 538 exahash per second...
World Gold Council’s Mid-Year Report: Gold Set for a Neutral Second Half Under Economic Uncertainty
9.7.2023
On July 6, 2023, the World Gold Council (WGC) released its 2023 Mid-Year Outlook, revealing that a “strong first half for gold is likely to give way to a more neutral H2.” According to WGC researchers and market strategists, central banks are “nearing the end of their...
Beijing Set to Debut ‘New Digital Yuan Application Scenarios’ – What Next for the CBDC?
7.7.2023
Beijing, China, says it will introduce “new digital yuan application scenarios,” and wants to take the lead in the adoption of the central bank digital currency (CBDC).
Per the Securities Times, the comments were made by Zhao Wei Jiu, the Deputy Director of the Beijing Local Financial Supervision...
EU Metaverse Strategy Set to Examine Privacy, Competition and Rights
6.7.2023
A policy paper next week won’t set legislative rules – but could point the way ahead on some key Web3 issues
Floki hype settles, Stellar spikes 11%, VC Spectra set for 10x the value
3.7.2023
Amid the crypto frenzy, two notable cryptocurrencies have emerged with impressive performances: Stellar (XLM) and VC Spectra. While the hype around Floki (FLOKI) has settled, VC Spectra (SPCT) is poised to increase its value by ten times potentially. Floki Hype Settles as It Faces Market Challenges...
SEC vs Coinbase Case Set for July 13 After Exchange’s ‘Creative' Opening Response
30.6.2023
The Securities and Exchange Commission (SEC) will present its response to Coinbase's first legal defense, filed Thursday, on July 13, the court has ordered
CME Group set to introduce ETH to BTC Ratio futures
29.6.2023
The scheduled launch date for these futures contracts is set for July 31, pending regulatory review
ADA, SOL Underperform as Robinhood Gets Set to Delist Them Amid SEC Crackdown
27.6.2023
Cryptocurrencies Cardano (ADA) and Solana (SOL) fell more than the broader crypto market on Tuesday, just before trading app Robinhood was set to delist them later in the day at 6:59 p.m. ET
Tezos Set to Become 8 Times Faster After 'Nairobi' Upgrade
27.6.2023
‘Nairobi’ is the blockchain’s fourteenth upgrade
Metagalaxy Land Ushers in Advanced Metaverse Experience, Bolstered by Investment from Blockchain Incubator 10SecLabs
26.6.2023
PRESS RELEASE. 10SecLabs, a leading force in the blockchain incubation landscape, has taken a significant investment leap into the innovative Metagalaxy Land project. This development comes ahead of Metagalaxy Land’s much-anticipated Metaverse Platform Launch. Set to be a trailblazer in...
DigiToads set for a mega rally after launch, experts expect TOADS to be in the top 100
25.6.2023
DigiToads is an ICO blockchain project that has grabbed the attention of both crypto enthusiasts and investors alike. With its unique approach to driving value and incentivizing participation, DigiToads is primed for a stunning 3x rally fueled by the burning of TOADS- its native token. The DeFi...
US Treasury Secretary Defends Dollar Dominance as Emerging Markets Push to De-Dollarize
25.6.2023
U.S. Treasury Secretary Janet Yellen has defended the dominance of the U.S. dollar amid rising efforts by emerging countries to de-dollarize. Brazilian President Luiz Inácio Lula da Silva, in particular, is set to raise the issue of de-dollarization at the next BRICS meeting. “There is a very good...
KING meme coin explodes 130% but trails DigiToads that is set for 10x growth by 2023 end
23.6.2023
In the ever-evolving world of cryptocurrency, staying ahead of the game to keep your portfolio fresh is essential. Having said that, what can be better than adding trending meme tokens to the portfolio that can multiply their portfolio’s value while bringing in consistent profit returns?...
Singapore Court Set to Decide Fate of Crypto Lender Hodlnaut in August Hearing
22.6.2023
A court in Singapore is poised to make a crucial decision about the future of crypto lender Hodlnaut during an upcoming hearing scheduled for August 7, a recent filing has revealed.
The decision stakeholders now are waiting for the court to make is on whether Hodlnaut will be dissolved, or if...
Solflip beta set to debut tomorrow after Solana delays launch
20.6.2023
Solana has announced plans to finally launch its much-anticipated peer-to-peer coin-flipping mechanism, Solflip. It has been constructed on the Solana blockchain and was previously scheduled to go live on Sunday. The beta testing program is now scheduled to go live tomorrow with more than...
Alibaba's Crypto Friendly Joseph Tsai Set to Become Chairman
20.6.2023
Joe Tsai, one of Alibaba’s founders, has been an active Web3 investor and once tweeted “I like Crypto.”
Report: Zimbabwe’s Central Bank Set to Launch P2P Platform for Facilitating Gold-Backed Digital Currency Transactions
20.6.2023
The Reserve Bank of Zimbabwe has said it is getting close to launching a peer-to-peer platform which will facilitate digital gold token transactions. The central bank said the launch of the platform is expected to help reduce local demand for the greenback. Governor John Mangudya said the tokens...
Ethereum Core Devs Weigh Pros and Cons of Raising Validator Threshold From 32 ETH to 2,048 ETH
19.6.2023
Ethereum’s core developers are engaged in discussions about raising the validator threshold from 32 ETH to 2,048 ETH. This proposal, put forward by Michael Neuder, a researcher from the Ethereum Foundation, aims to address concerns related to decentralization, inflation, and the size of...