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Dollar Share in Reserves Drops Below 60%, Yuan Rises, Russian Diplomat Says
2.9.2023
The share of currencies other than the U.S. dollar and the euro in international reserves is on the rise, according to a Russian representative. The trend is being observed as a growing number of countries try to use their national currencies in foreign trade settlements, the official noted. Russia...
Chinese Yuan Not Ready to Topple US Dollar as World Reserve Currency, Says Strategist
2.9.2023
A global macro strategist has explained that the Chinese yuan is unlikely to replace the U.S. dollar as the global reserve currency. She emphasized that the “weaponization” of the USD is one of the top reasons why Russia, China, and other BRICS nations have been seeking an alternative...
China's Baidu and other tech companies release ChatGPT-like AI chatbots
31.8.2023
Multiple Chinese tech companies launched their own ChatGPT-like AI chatbots for mass market use two weeks after China’s AI regulations came into force which requires prior government approval
Gemini and Two Other Creditor Groups Object to Genesis' Bankruptcy Resolution Proposal
31.8.2023
Crypto exchange Gemini has objected to Genesis' bankruptcy resolution proposal, claiming that the plan lacks necessary specifics and fails to offer adequate assurances to its major debtors.
Gemini has joined two other creditor groups in objecting to the proposed agreement.
As reported earlier...
Gemini and Two Other Creditor Groups Object to Genesis' Bankruptcy Resolution Proposal
31.8.2023
Crypto exchange Gemini has objected to Genesis' bankruptcy resolution proposal, claiming that the plan lacks necessary specifics and fails to offer adequate assurances to its major debtors.
Gemini has joined two other creditor groups in objecting to the proposed agreement.
As reported earlier...
As New PEPE Coin Shoots Up 10,000%, Crypto Whales are Buying This Other Meme Coin Before it Lists on Exchanges
29.8.2023
As on-chain summer continues to grip DEX markets, in an unexpected move a Pepe (PEPE) - a spin-off of the original Pepecoin - has exploded an eye-watering +10,000%.
Following in the footsteps of Pepecoin (PEPE), which undertook a dramatic surge to a $1bn market cap back in May, Pepe is a spin-off...
Plus: Armored Core 6 mechs its way to a big hit
25.8.2023
Now that's a Steam debut from, uh, From. Also: lots of other neat charts!
Biggest Movers: DOGE Nears Key Price Floor, as TON Extends Gains
25.8.2023
Dogecoin moved closer to a key support level on Friday, as the meme coin slipped for a second straight session. Today’s decline comes as the global crypto market cap edged lower, falling 0.77% lower as of writing. Toncoin was on the other side of the spectrum, hitting a one-week high. Dogecoin...
BRICS Countries Can Use India’s UPI Instant Payment System, Prime Minister Modi Suggests
24.8.2023
Member states of the BRICS bloc can follow the example of other nations and start using India’s Unified Payments Interface (UPI) system, according to Prime Minister Narendra Modi. The country is a leader in digital transactions, the head of the Indian government said in South Africa where...
GenZ in South Korea prefer XRP and other altcoins to BTC and ETH: Report
23.8.2023
A report from a local South Korean publication found that 20% of GenZ investors in the country have XRP as their most selected altcoin
GUISE Token Just Shot Up 30,000% But Crypto Whales are Accumulating This Other Token Before it Lists on Exchanges
22.8.2023
As DEX tokens continue to dominate the headlines, GUISE has emerged as the latest market entrant to undertake a sensational +30,000% pump on launch.
The magnificent display - driven by a flood of trading volume, has seen GUISE surge to take top spot at 'Hot #3' on leading aggregator DEXtools....
Thailand threatens Facebook over crypto scams and other fraudulent ads
22.8.2023
Thailand’s digital minister said he would seek a court order to shut Facebook in the country unless it takes action on the alleged scams
Bitcoin Miners Pivot To Other Areas In Quest To Diversify Earnings: JP Morgan
21.8.2023
Digital asset miners are moving to other business ventures including offering high-powered technology services to artificial intelligence (AI) companies to improve earnings.
A new report from JP Morgan shows that crypto-based mining firms are expanding their operations to include high-performance...
Crypto Miners Are Attempting to Diversify Into Other Business Areas: JPMorgan
21.8.2023
Miners are now offering high performance computing services to the rapidly evolving artificial intelligence market, the report said
Zetachain Raises $27 Million to Develop a ‘Chain to Manage Them All’
19.8.2023
Zetachain, a project that seeks to build one chain to interoperate with all other blockchains, announced it raised $27 million in a Series A funding round. Blockchain.com, Human Capital, Vy Capital, Sky9 Capital, and Jane Street Capital, among others, participated in the funding round. Zetachain...
Biggest Movers: SHIB Slips to 2-Week Low, SOL Snaps Losing Streak
17.8.2023
Shiba inu fell lower for a fifth straight session on Thursday, resulting in the meme coin dropping to a 13-day low. Since hitting a four-month high last Saturday, SHIB has struggled to find a firm floor. On the other hand, Solana ended a recent losing streak. Shiba Inu (SHIB) Shiba inu (SHIB) was...
US Dollar to Remain Major Global Currency, South Africa’s BRICS Sherpa Says
17.8.2023
BRICS plans to discuss trade in national currencies at its summit but de-dollarization is not on the agenda, South Africa’s BRICS Sherpa stated. The talks in Johannesburg next week will also focus on the expansion of the bloc of emerging economies and the diplomat doesn’t see this as a challenge...
Cookie Coin Rockets Up 5,000% But Crypto Whales are Accumulating This Other Coin Instead – What Do They Know?
16.8.2023
DEX tokens built on Coinbase's new layer-2 blockchain have been witnessing intense price action since BASE launched on August 9, and Cookie Coin (COOKIE) is the latest entrant to undertake a sensational move this on-chain summer.
With market attention gripped to the BASE launch, recent weeks have...
Cashtokens Upgrade 3 Months Out: BCH Developers Building NFT Creator Studio, Marketplaces, Wallets, and More
16.8.2023
With the Bitcoin Cash network’s May 15 Cashtokens upgrade now three months behind us, bustling development in non-custodial wallets, marketplaces, non-fungible tokens (NFTs), games, and other applications continues unabated. Paytaca wallet CEO Joemar Taganna notes that “improvements...
Bitcoin vs. gold: Are market cap and other comparisons actually relevant for investors?
14.8.2023
Bitcoin’s future price surge and mainstream adoption could happen independently of institutional adoption of the digital currency