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Report: China Could Be Hoarding Over 5,300 Tonnes of Gold, Might Create Price ‘Perfect Storm’
A recent report from Jan Nieuwenhuijs, an expert in the Chinese gold market, has found that the actual gold reserves held by the People’s Bank of China might comprise over 5,300 tonnes, dwarfing official numbers. Nieuwenhuijs…
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WAX Blockchain and AWS team up for Web3 gaming tools
WAX Blockchain offers a comprehensive Web3 toolkit, including Cloud Wallet and developer portal.
Following the…
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Algotech introduces AI to the crypto trading ecosystem, raises $3.2 million in first 3 weeks of its…
Key takeaways
Algotech’s decentralized algorithmic trading platform is set to appeal to the fast-paced world of…
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Golden Cross Signals Bullish LINK Price Movement Ahead
The LINK price on the 4-hour chart has recently showcased a golden cross, indicating a bullish turn that could propel its value higher. This development aligns with the MVRV ratio, pointing out that LINK is in an advantageous position…
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FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar
Half a year ago, firms specializing in acquiring troubled companies and their debts were actively accumulating FTX bankruptcy claims worth millions, offering $0.33 for every dollar of claim. Presently, the valuation of these claims has…
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New Bitcoin-Pegged Stablecoin Enters DeFi
BadgerDAO has partnered with Lido Finance to launch a new Bitcoin-pegged stablecoin, eBTC.
This initiative marks a novel approach to Bitcoin loans, leveraging Ethereum’s blockchain through Lido’s staked ETH token (stETH) as backing.…
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Major Baltimore bridge collapses after being struck by ship
Baltimore's Francis Scott Key Bridge collapsed after a container ship hit it early Tuesday.Up to seven people may have fallen into the water after the crash, according to Baltimore City Fire Department Chief James W. Wallace. Two people…
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Will Fetch.ai (FET) Price Hit New All Time High Next?
Fetch.ai (FET) price marked an all-time high earlier this month, and since then, it has been in consolidation.
Although the altcoin has attempted to chart a fresh high more than a few times now, there is a chance that FET might make it…
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Layer 1 Blockchain Mantra Secures $11 Million from Latest Investment Funding Round
Mantra, the Layer 1 blockchain for real-world assets (RWA), recently raised $11 million in an investment round that was led by Shorooq Partners. Mantra said the raised funds will also be used to provide developers with the tools they…
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This is Why Russia Finance Minister Rejects Crypto Prohibition
Russia’s Finance Minister Anton Siluanov voiced a strong stance against the outright prohibition of crypto.
Highlighting the ongoing dialogue between the Ministry of Finance and the Bank of Russia, Siluanov revealed plans to delve into…
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