- Cryptocurrency
Discovering Astar Coin: What You Should Know
Cryptocurrencies have revolutionized the financial industry, and new coins are emerging regularly. One of these coins is Astar Coin, also known as ASTR. In this article, we will delve into what Astar Coin is and what it does, the top five reasons why you should consider investing in it, and how to get your hands on it. What is ASTR Coin? What Does It Do? ASTR is a relatively new…
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Solana Exceeds the Predictions With Over $800 Million Trading Volume
According to statistics released by crypto analytics platform Token Terminal, Solana (SOL), the cryptocurrency that drives Solana‘s high-performance smart-contract-enabled blockchain, had an incredible $830 million in trade volumes on February 16th. This was the second-highest day trade volume in two weeks, with just February 15th topping it with $850 million. Solana has whipsawed both sides of its 21-Day Moving Average (DMA) around $23.0, resulting in an increase in trading volumes. On Friday,…
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FTC Decides to Distribute $115 Million Compensation to MoneyGram Victims
On Friday (Feb. 10), the FTC announced its plans to reimburse consumers for over $115 million due to MoneyGram’s breach of a 2009 settlement and 2012 agreement with the Department of Justice, which they vowed to protect customers from scammers that utilized their payment system. This action was taken following an investigation by both the FTC and DOJ into Moneygram’s failure on this front. FTC MoneyGram Was Aware of Persistent…
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Japan’s Economy Seems To Have Started To Grow With The Incoming Tourist Wave
After Japan had been closed off to the world for more than two years, it is finally open again, and its economy is growing! Tourist hot spots are bustling with activity; hotel reservations have become a rarity due to high demand. Even securing seats at some of its most popular restaurants has become an increasingly difficult task. It’s clear that Japan is back in business! Japanese Economy Gives Signals of…
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Total Budget Deficit is Rising in The US as It Reaches Nearly a 460 Billion Dollars in January
In January, the US federal government’s budget deficit was $39 billion due to declining receipts and rising spending. The January budget balance report was made public by the US Treasury Department. Accordingly, the federal government’s budget deficit was estimated to reach $39 billion in January of the fiscal year 2023, which began on October 1, 2022, and would finish on September 30, 2023. In the same month last year, the…
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Russia Started Selling Gold To Close The Budget Deficit
Russia sky-high budget deficit has caused it to liquidate a portion of its gold reserves and foreign exchange, as income from oil and gas sales dwindles. To close Russia’s billion-dollar national budget hole, authorities took decisive action in January to tap into their gold and currency reserves. Russia Sells Gold and Yuan to Close Trade Deficit In accordance with the Tass Russian news agency, Russia’s Ministry of Finance issued a statement…
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What You Need to Know About Solana Coin
Solana Coin, also known as SOL, is a cryptocurrency gaining popularity among investors and traders. It was created by Solana Labs, a San Francisco-based blockchain company, and aims to provide a fast and efficient platform for decentralized applications (dApps) and other blockchain-based solutions. In this article, we will explore the pros and cons of investing in Solana Coin and take a closer look at Solana (SOL) Coin, the Pros of…
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The Kingdom of Tonga May Accept Bitcoin as the Official Currency by the End of the Year
Will the Polynesian Kingdom of Tonga make bitcoin a legitimate and authorized currency by the close of 2021? Lord Fusitu’a declared that it was certainly possible. This South Pacific isle may launch cryptocurrency as an accepted form of payment in Q2 2023, while they could start harnessing geothermal energy for crypto mining sometime during Q3 this year! This Bitcoin Regulation In The Kingdom Of Tonga Has Been On The Table…
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US Sanctions on China Hurt US Chip Makers, Too
The United States – China trade war, which has grown more heated during the Trump administration, is still ongoing. While the US keeps enforcing strict sanctions on China‘s chip and supercomputer industry, it is now beginning to impose similar restrictions against Japan and Netherlands. The Semiconductor Industry Association (SIA), a body representing almost all of America’s chip manufacturers, forewarns that such actions could prove damaging for both sides. The Embargo…
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South Africa Aims to Regulate Cryptocurrency Advertisement
Clear and Plain Advertisement Influencers Are Also Regulated On Monday, the South African Advertising Regulatory Board (ARB) published an updated code of advertising practice with strong guidelines specifically dedicated to protecting consumers from fraudulent crypto advertisements. These new rules aim to regulate and ensure transparency in the growing cryptocurrency sector. Clear and Plain Advertisement South Africa has recently issued new guidelines for all cryptocurrency companies and individuals, mandating that they…
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