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Emerging Real Estate Digital Assets from Moscow Exchange: A 2024 Perspective

The Moscow Exchange, Russia's premier exchange platform, has revealed its intent to mint real estate digital assets by 2024. Sergei Kharinov, the platform's digital assets director, suggests that this move will facilitate both qualified and unqualified investors in diversifying their portfolios with real estate assets. Integration of Blockchain Technology in Real Estate As per recent […]

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Grayscale’s Bitcoin Trust GBTC: Market Sentiment Shifts and Implications for Investors

Grayscale's Bitcoin Trust, otherwise referred to as GBTC, has recently undergone a significant transformation in its market behavior. In January 2023, GBTC was trading at a substantial 48.31% markdown relative to its net asset value (NAV). This gap has now shrunk to 16.59%, indicating a significant shift in market sentiment and potential implications for investors.

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The Unpredictable Terrain of Stablecoin: Analysis of Recent Market Trends

Over the past few months, the stablecoin landscape has remained relatively static, barely surpassing $123 billion as we traverse the third week of October. Despite a noticeable increase in fiat-pegged token trading this week, as of October 13, stablecoin transactions only constituted 22.96% of the global crypto economy's trade volume. Interestingly, just a day earlier,

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Reserve Bank of India Advances in Its Wholesale Central Bank Digital Currency Experimentation

The Reserve Bank of India (RBI), the country's central bank, has embarked on a second pilot phase for its wholesale central bank digital currency (CBDC), focusing on the call money market. The bank intends to broaden its e-rupee trial to encompass the complete wholesale sector, inclusive of asset tokenization and repo transactions. RBI's Second Pilot

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A Milestone in the U.S Regulatory Landscape: SEC’s Stance on Grayscale’s Bitcoin ETF Conversion

In a noteworthy shift, the U.S. Securities and Exchange Commission (SEC) has chosen to forego appealing a recent court verdict favoring Grayscale Investments' Bitcoin ETF conversion plans. This development, reported by Reuters, follows a legal dispute and months of suspense, hinting at a potential change in the SEC's approach towards the approval of a spot

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Cleanspark Acquires 4.4 EH/s of Bitmain’s New S21 Miners

Publicly traded bitcoin mining company, Cleanspark, recently made headlines by reserving 4.4 exahash per second (EH/s) of Bitmain's advanced S21 Antminers. This batch, estimated to be worth around $61.6 million, comes out to approximately $14 per terahash per second (TH/s). Details of Cleanspark's Acquisition Cleanspark, listed on Nasdaq under the ticker CLSK, is a U.S.-based

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The Impacts of US Inflation Reports on Bitcoin and Ethereum

The digital currency market is a volatile one, prone to significant fluctuations due to various factors. Two such prominent cryptocurrencies, Bitcoin and Ethereum, experienced a downward trend recently. The drop occurred just before the release of the US inflation report, adding a layer of complexity to the situation. In this article, we take a detailed

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Week’s Crypto Market Trend: XRP and Solana Witness a Downslide

The cryptocurrency market has been a rollercoaster ride this week, with notable digital currencies such as XRP and Solana experiencing a downward trend. The global crypto market cap experienced a slight dip of over 1%, impacting the value of these two cryptocurrencies significantly. XRP's Persistent Downward Trend XRP, previously known as Ripple, has been experiencing

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US Inflation Exceeds Expectations: Market Instability and Possible Rate Increase

The U.S. Bureau of Labor Statistics' latest data reveals a more-than-anticipated inflation rise in September. The consumer price index (CPI) displayed a 3.7% year-on-year increase, while core inflation saw a minor decline from 4.3% to 4.1%. These figures have led market experts to predict a potential increase in the federal funds rate by the U.S.

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