Crypto
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Crypto enthusiasts warn against naira trade ban on exchanges
Due to the rapid decline of the naira and the resulting almost three-decade-high inflation rate of 29.9%, the government turned its focus to platforms providing cryptocurrency services. Source link
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Bitcoin return to $71K would wipe $1.38B shorts
If Bitcoin returns to the price it has been hovering around for the previous two days before the slight dip, it would wipe a considerable amount of short positions. Source link
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BTC price settles at $69K after dip wipes $1.3B Bitcoin open interest
Bitcoin lingers lower following a “doubly strange” U.S. trading session, with BTC price support in question. Source link
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Peru adopts India’s UPI system to boost financial inclusion
The Indian instant payment system is gradually making its way around the world. Source link
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Donald Trump doubles down on crypto support at fundraiser event — Report
Donald Trump reportedly announced his goal to be the “crypto president” at the event, where he raised $12 million. Source link
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Dumbed down Google and Microsoft AI won’t discuss any presidential elections
Meanwhile, Anthropic’s Claude 2, Meta’s Llama and OpenAI’s ChatGPT seemingly have no qualms about discussing elections past, present or future. Source link
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Crypto market tumble seen as quick shakeout, traders expect 'bullish' rebound
Cryptocurrency traders believe that the recent market downturn is just a “shakeout” and there is a “bullish continuation” on the horizon. Source link
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DeFi TVL reaches $192B for first time in 15 months — DappRadar
The value of crypto locked in DeFi increased by 17% due to ETH appreciation and a rise in trading activity. Source link
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Are Bitcoin traders losing hope? Top traders’ metric hits two-week low
Bitcoin derivatives markets show less appetite for bullish positions. Is BTC price at risk? Source link
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Crypto Biz: ARK drops bid for spot Ether ETF, miners adapt after halving, and more
This week’s Crypto Biz explores ARK Invest’s partnership with 21Shares, Galaxy Digital’s tokenized loan for Animoca Brands, Avail’s fundraising, the Toposware acquisition, and Bitcoin miners’ first reports since the halving. Source link
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