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Sweden’s central bank remains steadfast in its assertion that the digital euro, despite its potential adoption, will not supplant the Swedish krona. In a detailed staff memorandum recently released, the Sveriges Riksbank underscores the strategic advantages and resilience of the Swedish currency within its domestic economic landscape. While acknowledging the potential benefits of incorporating the

The Bitcoin ecosystem has been undergoing a significant transformation following the fourth halving event, particularly in the realm of mining operations. As the network adjusts to the reduced block rewards, mining firms are facing crucial decisions about the profitability of their operations. This transition is evident in the decline of the Bitcoin hash rate, a

The Hong Kong Securities and Futures Commission (SFC) has issued a stark warning about the emergence of deepfake scams within the cryptocurrency sector, shedding light on the elaborate tactics employed by a group operating under the monikers Quantum AI or AI Quantum. This group, as revealed by the commission, has resorted to a disturbing tactic:

Bitcoin (BTC) kicked off the week with a discernible downtrend, hovering in the vicinity of the $63,000 mark and briefly dipping to an intraday low of $60,675. Despite a previous surge catalyzed by the approval of exchange-traded funds (ETFs) in the United States, Bitcoin appears to have hit a plateau in its upward trajectory. This

SBM Intelligence, renowned for its incisive analysis of Africa’s socio-political and economic landscape, has sounded a clarion call, signaling the potential derailment of Nigeria’s foreign investment trajectory due to the swirling allegations of bribery involving Binance, one of the world’s largest cryptocurrency exchanges, and Nigerian government officials. In a comprehensive report disseminated across various media platforms,

In the ever-evolving landscape of cryptocurrency markets, Bitcoin stands as a beacon of both volatility and opportunity. Recent analyses by seasoned traders have shed light on intriguing parallels between Bitcoin’s current price movements and historical trends, fueling speculation about the digital asset’s future trajectory and potential price peaks. Rekt Capital, a prominent figure in the crypto

Ethereum restaking protocol EigenLayer has initiated its token-claim process, commonly referred to as an “airdrop,” for Season 1 Phase 1 rewards. According to a recent blog post by the protocol’s development team, users who are eligible for the new EIGEN token can now acquire it through the claims process after a few weeks of anticipation.

Wells Fargo’s investment in Bitcoin ETFs represents a significant development in the evolution of the cryptocurrency market. As one of the largest banks in the United States with a vast network of clients and considerable assets under management, its decision to allocate funds to Bitcoin-related products is indicative of a broader shift in the financial

In the rapidly evolving landscape of decentralized finance (DeFi), Franklin Templeton’s recognition of Base Network’s pivotal role underscores the profound impact of Ethereum Layer 2 solutions in shaping the future of social finance (SocialFi). With trillions of dollars under its management, Franklin Templeton’s acknowledgment of Base as a frontrunner in SocialFi signals a significant shift

Bitcoin (BTC) continues to navigate the tumultuous waters of the financial landscape, experiencing a slight dip of 0.20% to settle at $63,000. However, despite this minor setback, the prevailing sentiment in the latest bitcoin price forecast remains notably bullish, underpinned by a series of unfolding events with significant implications for the cryptocurrency market. One such