Federal Reserve Chairman Jerome Powell will reiterate his pledge to prevent entrenched inflation, in testimony released before his Senate nomination hearing on Tuesday. “We will use our tools to support the economy …
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The Reserve Bank of India is setting up a fintech department to keep up with crypto
The Reserve Bank of India (RBI) has created a new department to identify challenges and opportunities in financial technology, particularly around cryptocurrency. The new fintech department has been operational since …
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Smart contracts might soon be available on the Bitcoin (BTC) blockchain
A recent integration may soon usher in smart contracts on the Bitcoin blockchain. In a three-phase process, Internet Computer (ICP) is working on direct integration with the Bitcoin blockchain. The Internet Computer is …
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Holders of Shiba Inu (SHIB) could earn interest after Euler lending protocol activation
Euler Finance, a noncustodial protocol on Ethereum that allows users to lend and borrow almost any crypto asset, announced Shiba Inu’s activation on its protocol. This implies that Shiba Inu holders can …
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The AP will launch its own photo NFT marketplace on Polygon to support journalism
Amid an ongoing frenzy of brands and companies entering the growing NFT industry, the Associated Press (AP) will join the fray with its own marketplace full of photo NFTs from its award-winning photojournalists. …
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Finance professor: “Bitcoin has replaced gold for younger investors”
Bitcoin has now solidified its position as the digital gold, especially for young investors. It has outperformed gold for years now and has grown way ahead of the inflation rate, …
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Cardano records rise in Github commits as network promises updates in early 2022
According to IntotheBlock analytics, Cardano has seen a rise in Github commits since the start of 2022. IOHK, Cardano’s parent company, vows regular updates amid anticipation of the launch of new dApps …
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Teslas may be paying for themselves as their owners start mining crypto
Tesla owners are now mining crypto using the power from their cars. The electric vehicle company is arguably the most recognizable name in the EV industry and has found major …
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5,300+ BTC were bought by 3 of the largest Bitcoin whales on January 7
Chinese journalist Colin Wu, who covers everything related to the blockchain and crypto space, has taken to Twitter to share data about today’s purchases made by major cryptocurrency whales. Three of …
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The chief market strategist: Bitcoin (BTC) is under a “nasty” pattern that will lead to a “dot-com moment”
With Bitcoin experiencing high volatility in 2022, Gareth Soloway, the chief market strategist at InTheMoneyStocks.com, has suggested that the asset’s price movement faces a bleak near-term future. Speaking to Yahoo Live, Soloway, who is …
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