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India’s De-Dollarization Push Flounders as Oil Suppliers Cite Rupee Repatriation Concerns

Failed Attempt to Pay with Rupees The Indian Oil Ministry has recently admitted that their efforts to pay for oil with rupees have been unsuccessful. Suppliers are hesitant to accept payment in the local currency due to concerns about repatriating their funds. The goal of this initiative was to reduce India’s reliance on the U.S. […]

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Ark Invest CEO Cathie Wood Expects Widespread Institutional Involvement in Bitcoin ETFs

Introduction Cathie Wood, the CEO of Ark Investment Management, believes that spot bitcoin exchange-traded funds (ETFs) will attract significant institutional participation once they are approved by the U.S. Securities and Exchange Commission (SEC). In an interview with Yahoo Finance, Wood explained that if institutional investors allocate even a small percentage of their assets to a

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Tether CEO Paolo Ardoino Reflects on Company Growth and Future Plans

Tether's Remarkable Journey In a recent post, Tether CEO Paolo Ardoino took a moment to reflect on the remarkable growth of the company since its inception. With its USDT stablecoin achieving a market cap of $91.5 billion on multiple blockchains, holding $4 billion in excess reserves, and diversifying its portfolio with investments in mining, energy,

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Precious Metals Self-Directed IRA: Learn About Investing in Gold and Silver

Self-Directed Gold IRAs can be a fantastic way to invest in gold, without having to deal with the hassles of purchasing physical bullion. This type of account permits investors to purchase gold straight from the federal government, and then store it in their own name. While many people prefer tangible gold items, everyone is able

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Former Monero Lead Maintainer Calls on Binance to Take a Stance on Privacy Coin Issue

Ricardo Spagni Urges Binance to Support Privacy Coins Ricardo Spagni, the former lead maintainer of Monero, a prominent privacy coin in the cryptocurrency market, is calling on Binance, a major cryptocurrency exchange, to take a clear position on the issue of privacy coins. Spagni believes that Binance's neutrality in this matter is detrimental to the

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Bitcoin ETF Mania and Nigeria’s New Stance on Crypto to Drive the Industry’s Revival in Africa — Experts

Nigeria's New Stance on Crypto Bodes Well for Africa After a challenging first half of the year for the African crypto and blockchain industry, experts believe that the expected approval of bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) and Nigeria's lifting of restrictions on the crypto industry will revitalize African

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Bitcoin Reigns Supreme in NFT Market With Record-Breaking $853 Million in December Sales

NFT Sales Surge: Bitcoin Holds Top Spot With Unprecedented December Rise In November, Bitcoin secured the leading position in monthly non-fungible token (NFT) sales. Surprisingly, Bitcoin continued to maintain its top status in December, accumulating a staggering $853 million in sales. Although NFT sales have decreased by over 35% in the past week compared to

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The Decline of BONK: A Look at the Recent Performance of the Meme Coin

Introduction The meme coin phenomenon, BONK (BONK), has captured the attention of users on the Solana network. However, in recent weeks, the cryptocurrency has experienced a significant decline, causing concern among investors. In this article, we will explore the recent performance of BONK and discuss its future trajectory in the highly competitive world of meme

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