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Bitcoin
Nasdaq-Listed Eqonex Closing Crypto Exchange Due to High Competition, Fallen Volumes
The Nasdaq-listed firm Eqonex is closing its cryptocurrency exchange business. The company cited high competition among crypto trading platforms and fallen volumes as key reasons for shutting down its exchange.
Eqonex Closing Crypto…
Binance Obtains In-principle Approval to Operate With Cryptocurrencies in Kazakhstan
Crypto exchange Binance has been granted preliminary approval to offer trading and custody services for digital assets in Kazakhstan. The exchange is yet to complete the full application process but the development has already been hailed…
Colombia Plans to Launch Digital Currency to Reduce Tax Evasion
The government of Colombia revealed it has plans to launch a digital currency. One of the purposes of this new currency would be to curb tax evasion and enhance the traceability of transactions made by citizens. The proposed measure would…
Soneva’s Luxury Resorts Now Accept Crypto Payments
Luxury resort chain Soneva has reportedly begun accepting cryptocurrency payments at its resorts in the Maldives and Thailand. “Accepting cryptocurrencies as a payment method is another example of enabling our international guests to…
‘Big Short’ Investor Michael Burry Dumps All Stocks but One After Predicting Market Crash
Hedge fund manager Michael Burry’s Scion Asset Management dumped all but one of its stock holdings in the second quarter, according to the firm’s filing with the U.S. Securities and Exchange Commission (SEC). Burry, famed for…
Report: Celsius CEO Accused of Controlling Crypto Company’s Trading Scheme and Placing Bad Bets
According to a recent report published on Tuesday, the Israeli-American founder and CEO of Celsius Network, Alex Mashinsky, was in charge of the company’s trading strategy. The report, citing multiple people familiar with the matter,…
Ron Paul Insists US Economy’s ‘Collapse Will Come,’ Former Congressman Says Liquidation Is…
Just recently the American author, economist, and retired politician Ron Paul discussed the rising tensions between China and Taiwan during an interview and he talked about the U.S. economy as well. Paul insists that the U.S.…
Proposals for New Common Currency Resonate in Latam, to Undermine US Dollar Dependency
Two new proposals for a new common currency to be established in Latam have been made recently. Former Brazilian president and candidate Luis Inacio Lula Da Silva mentioned the idea in May, and the president of the Colombian Congress, Roy…
Embattled Crypto Lender Hodlnaut Seeks Judicial Management in Order to Rehabilitate the Company
Eight days ago, the crypto lender Hodlnaut announced that the platform was suspending withdrawals after citing volatile market conditions. This week the company says it is seeking judicial management that aims to “provide the best…
Latest Ghana Inflation Rate the Highest in 19 Years — Economist Recommends Installation of Currency…
Ghana’s ongoing economic woes appeared to worsen in July after data from the country’s statistical agency, Ghana Statistical Service, suggested that the inflation rate is now nearly 31.7%. The nearly 2% increase in the…