The landscape of global remittances is undergoing a significant transformation, largely fueled by the advent of cryptocurrency. A recent announcement from Binance, the leading exchange by trading volume, highlights a remarkable milestone: between 2022 and 2024, users of the platform engaged in a staggering $26 billion worth of peer-to-peer remittances. While this figure may presently
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The cryptocurrency market often operates on a cycle of rapid gains and unexpected declines, and Ethereum (ETH), despite its status as the largest altcoin by market capitalization, exemplifies this phenomenon. Current trading levels for ETH have raised genuine concerns among investors, especially as it has been lagging compared to its competitors. While the overall crypto
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Caroline Pham’s recent selection as acting chair of the Commodity Futures Trading Commission (CFTC) marks a significant moment for the regulatory landscape of cryptocurrency in the United States. Her appointment, backed by a vote from the CFTC’s five commissioners, comes at a pivotal time when the crypto industry is grappling with rapid changes and heightened
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Samuel Edyme, affectionately known as HIM-buktu, stands as a notable figure within the Web3 landscape, carving out a niche as a content writer, journalist, and burgeoning trader. His writings, characterized by a compelling blend of humor and keen insight, have found homes in reputable platforms like AMBCrypto, Blockchain.News, and Blockchain Reporter, establishing him as a
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The cryptocurrency market has seen a significant resurgence lately, particularly with Bitcoin’s Futures Perpetual Funding Rate reaching an impressive 0.035%. This peak is notable as it represents the highest rate since December 5, and reflects a growing speculative interest among traders. With Bitcoin climbing to a staggering new all-time high of over $109,000, the market
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The trajectory of Donald Trump’s relationship with cryptocurrencies encapsulates the unpredictable nature of both a political career and the rapidly evolving digital finance landscape. His striking transition from ardent critic to a vocal proponent of crypto assets reflects not only personal evolution but also hints at how political leaders can dramatically influence market sentiment. This
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In the world of digital assets, volatility is a constant companion, and this past Monday was no exception. Bitcoin (BTC), the flagship cryptocurrency, demonstrated extreme price fluctuations, plummeting from an eye-watering $106,000 to under $100,000 within a short timeframe. This steep decline might have seemed alarming at first, but it was quickly followed by a
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