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The Decline From the Lowest Levels Since 1985 for GBP/USD Pauses


Due to the UK economy’s particular sensitivity to the economic disruptions brought on by the coronavirus epidemic, the British pound decreased to its lowest level versus the dollar in 35 years. The pound’s value has dropped significantly recently, falling 4.2% more to $1.15...

Bitcoin (BTC) Below $20K; What’s Happening With the Crypto King?


Market leader Bitcoin moves in a negative trend while other cryptocurrencies are at least attempting to consolidate. Despite the huge active circulation, there have been no supply constraints to increase BTC value. Last time, the experts suggested a buying rally as BTC would move towards 100%...

Phemex Deposit Dazzle is Back – $5,000 Up for Grabs!


Singapore-based cryptocurrency exchange, Phemex has recently been grabbing all the attention in the crypto space. Not only did Phemex recently launch a wide range of tokens to its spot and contract trading market, but it is also bringing back its popular Deposit Dazzle event and offering all avid...

Oil falls Due to USD and China Lockdowns; Gold Nears $1700


As China continues to struggle in its battle against the COVID pandemic and concerns of a worldwide recession mount as rates rise, crude oil prices are plummeting. OPEC+ is expected to discuss output reductions at their meeting on September 5; however, despite Friday’s increase in oil prices...

CEL Rallies After Celsius Asks Court to Let it Return USD 50m+ in Crypto


Developments emerging from the Celsius bankruptcy trial have sent the failed crypto lender’s CEL token soaring above the USD 1.50 mark, making the coin the day’s – and this week’s – best performer among the top 100 coins. At 07:32 UTC, CEL is trading for around USD 1.53 and is up 33% in a day...

Sei Raising $5M Led by Multicoin to Build L1 Blockchain


Sei recently announced raising over 5 million dollars during a funding round led by Multicoin Capital. Names like Delphi Digital, Hypersphere, Tangent, Yield Guild Games, and Coinbase Ventures also participated in the event. The funds acquired through the round will be used for its mainnet launch...

Cardano’s Long-Term View Looks Dicey; Will ADA Hit $1?


Cardano is a blockchain platform, and ADA is the native coin on this platform which is used to make payments and cover transaction fees. It was launched in 2017 by Charles Hoskinson, who is the co-founder of BitShares and Ethereum. It aims to solve the scalability and transaction speed-related...

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