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El Salvador Buys The Dip: 420 More Bitcoins —And The Investment Is Already Profitable

The president of El Salvador has done it again. As a good Bitcoin maximalist, the price crash didn’t scare him, and instead of complaining or tweeting that his precious coin was going to $0, he just bought more Bitcoin, A LOT of Bitcoin. In a tweet shared a few hours ago, Nayib Bukele announced that he bought the dip. Buying the dip is an expression that refers to taking advantage of a bear market to buy a cheap asset during the crash and then waiting to profit once the...

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Singapore’s Central Bank Chairman Shows Openness to Stablecoins 

Bankers and government officials around the world are proving more welcoming to crypto than ever before. Tharman Shanmugaratnam – Singapore’s Central Bank Chairman – recently stated that cryptocurrency has a place in the country’s financial sector. All it needs are some regulations around illicit finance. A Place For Stablecoins The chairman showed his support at the Asia Financial Markets Forum on Wednesday. He said that the technology’s financial use-cases could extend...

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FDIC Chair: US Regulators Work on Rules How Banks Can Hold Cryptocurrencies

The United States will aim for clear regulatory rules to enable banks and their customers to hold and operate with cryptocurrencies, said the FDIC chair, Jelena McWilliams. As such, the positive developments coming from the world’s largest economy continue as the nation recently had its first Bitcoin Futures ETF. US Banks to Hold Crypto? Up until a year ago, banks and cryptocurrencies were two mutually exclusive terms as the former refused to acknowledge even the mere...

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Bitcoin At $5 Million? Some Analysts Think So…

Bitcoin has been surging crazily as of late. The world’s number one digital currency by market cap jumped to about $66,000 per unit about a week ago, though at press time, the asset has fallen to about $63,000. Still, the currency seems to be on a roll. Bitcoin Is Headed for the Moon According to a panel of approximately 50 crypto experts, the asset is going to surge even further throughout the year. Some believe that the currency will potentially hit $80,000 before...

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Cream Finance Hacked for $130 Million In Another Flash Loan Attack

Decentralized lending protocol Cream Finance has suffered a flash loan attack, losing over $130 million worth of various crypto assets. This was the third successful hack against the popular DeFi project in the past year. Cream Finance has confirmed it suffered an exploit this Wednesday through a flash loan attack, compromising mostly Cream LP tokens and other ERC-20 coins. Blockchain security firm PeckShield was the first to identify the attack. Data from blockchain explorer...

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Walmart Partners with Coinstar to Offer BTC to Customers

Walmart is partnering with coin kiosk company Coinstar. The firm is setting up digital currency kiosks throughout several Walmart stores in the United States to give new customers access to digital currencies like bitcoin. Walmart Is Pushing Bitcoin Forward Coinstar has joined hands with a firm known as Coinme, a digital currency wallet company that offers crypto ATMs. This has empowered Coinstar machines to provide customers with a convenient and fast way to trade and...

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An Exclusive Launch of Ripple (XRP) Crypto at WildTornado

The WildTornado online casino has recently announced that it has added XRP to its already impressive list of cryptocurrency payment methods. This means that from now on, the WildTornado players can enjoy numerous advantages of the innovative XRP technology, the most evident of which are extremely low fees and an impressively high speed of transactions. WildTornado has made a name for itself as a trusted online casino that offers players multiple crypto payment methods....

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MoneyTree Announces the Launch of its NFT Store on Lootex

London, England / October 27, 2021 / MoneyTree, a truly deflationary and fully decentralized gaming token, announced the launch of its NFT store on Lootex. The partnership between the two would allow users to trade all the 1 million MoneyTree NFTs on Lootex. Over 400 NFTs have already been purchased or won in loot boxes. The $MONEY token passively rewards investors with dividends and royalties from sales of the 1 million unique NFTs that Money Tree has generated. The...

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Shiba Inu Breaks ATH, Eyes Top 10 Largest Coins After 850% Monthly ROI

What started as a joke cryptocurrency is now becoming a serious investment for retail traders. Shiba Inu (SHIB) has made tremendous gains in the past month – outperforming other cryptocurrencies and hitting consecutive all-time high records with the latest at over $0.000068 earlier on October 27th. Another ATH for SHIB The crypto meme, which promised to be a Dogecoin-killer upon its launch last year, has surged nearly 900% in the past month, 100% in the last seven days, and...

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Shiba Inu Coin Falls Following Elon Musk Tweet

Elon Musk – the South African entrepreneur behind billion-dollar companies like Tesla and SpaceX – has a habit of making currencies go up and down all the time… and the crypto world’s latest asset Shiba Inu coin is no exception. Elon Musk Causes Another Coin to Fall Shiba Inu coin has been breaking all kinds of records and hitting new highs. A spin-off of the popular meme currency Dogecoin, Shiba Inu coin hit a massive record this weekend only to be brought down by a...

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