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Renowned Economist Harry Dent Predicts Major Financial Crash in 2024

Introduction Renowned economist Harry Dent has recently issued a dire prediction for the global economy, stating that 2024 will be the year of the most significant financial crash in living memory. Dent's analysis, which takes into account overvalued markets, excessive stimulus spending, and artificial inflation of asset prices, paints a grim picture of the near […]

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The Importance of Geographic Location in Bitcoin Mining

Introduction With the upcoming halvening event in Bitcoin mining, operators are facing a critical challenge. The key to weathering this battle lies in optimizing operations and reducing energy costs. In this article, we will explore the significance of geographic location in determining the profitability of mining operations. The Role of Energy Cost While factors like

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New York Department of Financial Services Issues New Virtual Currency Guidance

The New York Department of Financial Services (NYDFS) recently released updated regulations for virtual currency (coin) listings and delistings. These regulations apply to Bitlicensees and limited-purpose trust companies and introduce new requirements for virtual currency entities (VCEs), including advance notification, updated risk assessment expectations, and business model considerations. VCE Coin-Listing Policies According to the latest

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Alchemy Pay Partners with Worldpay to Enhance Fiat-Crypto Payment Experience

Alchemy Pay and Worldpay Collaborate to Improve Payment Services Crypto payment provider Alchemy Pay has recently announced a strategic partnership with payment processor Worldpay. This collaboration aims to enhance the fiat-crypto payment experience for Alchemy Pay users by granting them access to Worldpay's Visa and Mastercard payment rails through Alchemy's on and off-ramp service. With

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Report: Nigerian Currency Hits Record Low Against US Dollar

Official Exchange Rate Matches Unofficial Market Rate The Nigerian currency, the naira, recently reached a new low against the US dollar, with an official exchange rate of 1,248 naira for every greenback. This rate closely matches the rates offered on the unofficial foreign exchange market, where the naira has been steadily depreciating. Abandoning the Fixed

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Bitcoin Technical Analysis: BTC Price Reflects Market Equilibrium and Consolidation

Bitcoin's Current Price and Market Volatility Bitcoin is currently priced at $43,638, with a 24-hour trading range of $43,412 to $44,243. This reflects short-term volatility in the market. While the cryptocurrency has experienced a 1.1% decrease in the past day, it has seen a 2% increase over the week and an impressive 19.6% rise over

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Coinbase Expands European Footprint With Approval to Operate in France

Coinbase Registered in France Crypto exchange Coinbase has received approval as a registered virtual asset service provider in France. This registration allows Coinbase to operate in France, continuing our plans to grow across Europe," the crypto platform detailed. "France is an important market for Coinbase … We are dedicated to partnering with high-bar regulators across

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Argentina Allows Financial Contracts to be Denominated in Bitcoin

Argentinian Government Embraces Bitcoin Argentina's Foreign Minister, Diana Mondino, has announced that financial contracts can now be denominated in Bitcoin. This move signals the government's willingness to embrace digital currencies and provide more options for residents. According to Mondino, residents can also settle contracts with any medium of exchange that the parties agree upon. President

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Bitcoin Options Open Interest Surpasses $18 Billion as Traders Await SEC ETF Verdict

Traders Turn to Bitcoin Options as SEC ETF Decision Approaches On December 22, 2023, the open interest for bitcoin options reached an all-time high, surpassing $18 billion. This surge in open interest suggests that bitcoin traders are increasingly using options to manage risk and speculate on the future price movements of bitcoin, especially in anticipation

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