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Topics - sirty143

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1
Crypto Wealth Bolsters Real Estate Markets and Consumer Spending, Study Finds

As cryptocurrency becomes a significant part of American investment portfolios, its influence extends beyond digital transactions into tangible impacts on real estate markets and household spending, a recent study finds. See more for yourself here.

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2
Analysts: Gold Rush In China Is Propping Prices Up

The interest and high demand for gold products in China is one of the factors that is propping the price of the precious metal up in international markets. Several analysts believe that the loss of confidence in traditional investment options... See more for yourself here.

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3
Analyst Heralds Multi-Year Bull Market For Gold: $8,000 per Ounce at Play

Jan Nieuwenhuijs, a gold market analyst, has predicted a new multi-year bull market for gold. According to different factors, including the low percentage of gold as part of the global international reserves, and the size of the equity market, gold prices might... See more for yourself here.

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4
Swing State Voters Highlight Cryptocurrency as a Key Issue for 2024 Elections, Survey Finds

A recent survey conducted by The Harris Poll and commissioned by Digital Currency Group (DCG) reveals that cryptocurrency is emerging as a critical issue among voters in key swing states. Over 20% of respondents from states like Michigan, Ohio, and Pennsylvania demand more discourse on digital assets from political candidates ahead of the 2024 elections. See more for yourself here.

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5
Trump Attacks Biden's Crypto Awareness, Says 'Biden Doesn't Even Know What It Is' at NFT Gala

Former U.S. President Donald Trump convened with enthusiasts of his non-fungible tokens (NFT) collection on Wednesday and announced to the audience his decision to accept cryptocurrency for campaign contributions. Trump also shared with the group that President Joe Biden “doesn’t even know” what crypto is. See more for yourself here.

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6
Ripple and XRPL Labs Join Alliance to Develop Blockchain Recovery Standards

Ripple and XRPL Labs have become founding members of the Derec Alliance, which aims to create an interoperable recovery standard for digital assets. This initiative is expected to simplify the recovery process and encourage widespread adoption... See more for yourself here.

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7
Robinhood's Crypto Revenue Surges 232% Despite Looming SEC Battle

Retail trading platform Robinhood has announced that its crypto revenue grew by 232% in the first quarter. Despite this success, Robinhood faces potential enforcement action by the U.S. Securities and Exchange Commission... See more for yourself here.

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8
Agridex Raises $5 Million to Expand Agricultural Tokenization on Solana

In a recent funding initiative, the Solana-based Agridex project secured $5 million in a pre-seed round aimed at enhancing the tokenization of agricultural commodities. The funding, led by Endeavour Ventures, included contributions from African Crops Limited and Oldenburg Vineyards. See more for yourself here.

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9
Hong Kong Police Detain Businessman Tied to Crypto Investor’s Abduction

A businessman from Hong Kong, linked to four individuals implicated in the kidnapping of a cryptocurrency investor, was recently taken into custody after surrendering to law enforcement... See more for yourself here.

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10
Nigerian Court Postpones Binance, Tigran Gambaryan Money Laundering Trial to May 17

A Nigerian court recently adjourned the trial of Binance and its executive, Tigran Gambaryan, to May 17. The adjournment came after the cryptocurrency exchange’s attorney stated that he had not received the necessary documents to prepare a defense... See more for yourself here.

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11
Kenyan President Requests Bitcoin Miner Marathon Digital to Review Nation’s Cryptocurrency Regime

The Kenyan President William Ruto recently revealed that his government has appointed Bitcoin mining company Marathon Digital as its consultant to review its cryptocurrency regime. The U.S.-based Bitcoin miner is reportedly... See more for yourself here.

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12
Philippines Regulator to Unveil Cryptocurrency Regulatory Framework in Second Half of 2024

Emilio B. Aquino, chairperson of the Securities and Exchange Commission in the Philippines, announced plans to introduce a regulatory framework for cryptocurrency in the latter half of 2024. Aquino expressed optimism that tech giants Apple and Google will... See more for yourself here.

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13
SEC Chair Gary Gensler Calls Crypto 'Outsized Piece of Scams, Frauds, and Problems in Our Markets'

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated his view that crypto is a field full of noncompliance. While noting that crypto is a small piece of the overall U.S. financial market that his agency oversees... See more for yourself here.

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14
India Working on Offline Transferability of Digital Rupee, Says Central Bank Governor

India’s central bank, the Reserve Bank of India (RBI), is in the process of making its central bank digital currency (CBDC) available without relying on internet access. RBI Governor Shaktikanta Das has emphasized the importance of ensuring the digital rupee’s ease of use. See more for yourself here.

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15
Cryptocurrency Imports in Brazil Break Records and Begin to Affect Trade Balances

Purchases from foreign cryptocurrency exchanges, considered imports, have broken records in Brazil, putting some weight into the nation’s trade balance. During the last 12 months, cryptocurrency purchases reached $14.84 billion... See more for yourself here.

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