While the latest US labor market report wasn’t that bad on the face of it, traditional financial markets and major cryptocurrencies appear to be pricing in rising recession risk, with crypto traders asking which might be the best crypto to buy now to shelter themselves from losses.
The post Best Crypto to Buy Now September 6 – Sui, Helium, Dogs appeared first on Cryptonews. …
Category: Cryptocurrencies
Brazil’s Central Bank Selects Visa, Santander for CBDC Pilot Phase 2
Brazil’s Central Bank has selected 13 themes for the second phase of its Central Bank Digital Currency (CBDC) pilot, Drex, focusing on testing financial services through smart contracts managed by third parties.
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Telegram CEO Addresses Platform Abuse In First Comments Since Arrest
In his first public comments since his arrest, Telegram CEO Pavel Durov admitted the platform’s rapid growth to 950m users caused “growing pains” that facilitated criminal misuse.
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Arthur Hayes Sees Bitcoin Drop Below $50K Over Weekend, Places Short Bet
Former BitMEX CEO Arthur Hayes predicted Bitcoin will fall below $50,000 this weekend, revealing he has taken a short position to profit from the decline.
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Trump Reiterates Promise to Make US the Global ‘Crypto Capital’ if Re-Elected
Trump pledged that his administration would eliminate at least 10 old regulations for every one new regulation.
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Telegram Updates Policy to Allow Flagging of ‘Illegal Content’ in Private Chats for Moderator Review
Telegram has updated its policy to allow users to flag illegal content in private chats for moderator review.
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Bitcoin Price Forecast: Analyst Predicts $120K Breakout – Why Selling Now Could Be Risky
Crypto analysts predict a potential Bitcoin breakout to $120K, cautioning that selling now could lead to missing out on significant gains.
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Trump Family’s Crypto Venture May Struggle Due to Critical Challenges, Experts Warn
The Trump family is launching World Liberty Financial (WLF) to strengthen the US dollar’s role in crypto, but experts warn of significant challenges that could hinder its success.
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U.S. Spot Bitcoin ETFs See $1 Billion in Net Outflows Over Seven Consecutive Trading Days
U.S. spot Bitcoin exchange-traded funds (ETFs) have recorded net outflows exceeding $1 billion over a seven-day period from August 27 to September 5.
The post U.S. Spot Bitcoin ETFs See $1 Billion in Net Outflows Over Seven Consecutive Trading Days appeared first on Cryptonews. …
Ripple Plans to Offer Stablecoin in Japan: CEO Brad Garlinghouse
Ripple is right now focused on getting the RUSD live and an yen-backed stablecoin is a “matter of time,” said Garlinghouse.
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