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Finance
BlackRock CEO Fink Aims to Democratize Crypto Investments for All
BlackRock’s recent entry into the crypto market had a clear objective and it was to provide institutional investors with exposure to Bitcoin (BTC). However CEO Larry Fink revealed an even more profound ambition in a recent interview. The new goal is to broaden investment accessibility including cryptocurrencies to a wider audience. Democratizing Investment for All Fink stated that BlackRock’s ultimate objective is to democratize investment and make it…
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Cryptocurrency
MCB Token Weekly Analysis And Price Prediction
This article will analyze the MCB Token according to www.coinmarketcap.com data. First, we will discuss the MCB Token and its projects and make technical and graphic analyses. The analysis we will do in the weekly period will help the investors to take risks and manage their portfolios. What is MCB Token? The MCB token is the native cryptocurrency of the MCDex (MCDEX) decentralized derivatives exchange protocol. MCB stands for MCDEX…
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Cryptocurrency
Assessing Investment Potential: Evaluating Cronos Coin as a Smart Investment Choice
Cronos (CRO) acts as the primary digital currency token for Cronos Chain , an open-source and decentralized blockchain engineered by Cryptocom – a prominent player within payment , trading and financial services provision. The mission driving Cronos Chain is to expedite global cryptocurrency adoption whilst fostering personal autonomy in financial matters, bolstering data protection for users and shielding their identities from harm . The dynamic CRO blockchain at its…
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Cryptocurrency
Bank of America Faces Potential $100 Billion Loss Amid Ongoing Banking Crisis
Contrary to the US Federal Reserve’s claim that the banking crisis is over, one of the country’s largest banks, Bank of America, apears to be facing signifcant financial dificulties. According to a report by the Kobeissi Letter , Bank of America could suffer loses of $100 bilion in the securities market, which could have profound implications for the insttution. High Stakes in Debt Markets Bank of America reportedly decided to…
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Cryptocurrency
Venture Capital Investments in Crypto Plummet 70% in the Past Year, RootData Report Shows
According to a report by RootData venture capital investments in the crypto industry have dropped more than 70% in the past year . The month of June 2023 witnessed the lowest amount of funds going to digital assets with only $520 million invested in 83 projects when compared to $1.81 billion in 149 rounds in June 2022. Downward Trend Despite Intervening Gains RootData’s data shows that venture capital interest…
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Cryptocurrency
CACEIS Becomes Registered Crypto Custodian in France, Reflecting EU’s Growing Crypto Industry
The legal fight between Binance .US and the Securities and Exchange Commission (SEC) has deepened as the regulator attempts to manipulate public opinion . Binance has responded strongly to these allegations which shed light on the ongoing battle between traditional finance and the cryptocurrency industry . SEC’s Aggressive Stance on Crypto Sector Since the beginning of the year the SEC has been persistently targeting the crypto sector by refusing…
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Cryptocurrency
GESI Stock Forecast: Is GESI a Good Investment?
General European Strategic Investments (GESI) has caught significant attention because of its volatile stock performance in 2022 . With consistent drops since June 2022 many investors are eager to understand GESI’s stock price prediction and whether is GESI a good investment . In this article we provide insights into the company, GESI’s stock forecasts for the coming years and the factors that impact its potential growth . An Overview…
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Cryptocurrency
Prosecutors Seize Bitcoin and Assets in Lawsuits Against Andrew Tate
Former professional kickboxer Andrew Tate is currently involved in multiple lawsuits in Romania . The country’s prosecutors have seized a significant amount of his assets in Bitcoin (BTC) alongside other properties after the charges related to human trafficking and organized crime . Clarifying the Misinformation: The Actual Amount Seized The initial reports suggested a seizure of $300 million which resulted from a translation error in a press release .…
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Cryptocurrency
Can Chainlink Reach $10 000: Introduction to Chainlink and Price Predictions
Chainlink is a groundbreaking Oracle Network that plays a critical role in transferring real-world data to Smart Contracts on Blockchain . Businesses can access major blockchain networks like Ethereum and Solana by securely enabling computations on and off-chain . The key function of Chainlink is to allow smart contracts to interact with external data sources and guarantee the safety and reliability of the data . There are many questions regarding…
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Cryptocurrency
Overcoming Challenges with Ethereum: Introducing ETH 2.0 and Staking Rewards
The success of DeFi projects has led to an overwhelming demand for the Ethereum network which caused transaction costs to skyrocket . For many users these high gas fees have become too expensive which hindered the growth and accessibility of non-finance decentralized applications (DApps) on the Ethereum blockchain . To address these challenges the Ethereum Foundation has been working on ETH 2 .0 which is an upgrade aimed at improving…
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