Tag: News

China’s Ex-Finance Deputy Urges Xi Jinping Government To Study Cryptocurrencies In Light Of ‘Latest International Changes And Policy Adjustments

In an intriguing development, Zhu Guangyao, China’s former Vice Minister of Finance, has called on the Xi Jinping administration to delve deeper into the study of cryptocurrencies, emphasizing the significance of the industry in the digital economy and its growing mentions in global discussions. What Happened: Guangyao made these...
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Bitcoin Exchange Reserve Sees Sharp Decline, Bullish Rally On The Horizon?

Bitcoin, the largest crypto asset appears to be experiencing heightened optimism among investors as evidenced by the consistent decline in the digital asset’s balances on several cryptocurrency exchanges. Particularly, the drop in BTC exchange reserves denotes that investors might be less inclined to sell their holdings in the short...
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Ethereum Staking Yields Set To Eclipse US Rates Amidst Bullish Crypto Market: Analysts — Powerful Narrative For A Price Boost?

Amid a warming cryptocurrency market, Ethereum (CRYPTO: ETH) staking yields are on track to surpass the federal funds rate, emerging as a “powerful supporting narrative” to drive the price of the world’s second-largest cryptocurrency. What Happened: The gap between Ethereum’s Composite Staking Rate and the Effective Federal Funds Rate,...
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