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Golteum has joined the Chainlink BUILD program to revolutionize the dear metals market. This strategic transfer grants Golteum entry to Chainlink’s safe Oracle community, enabling real-time metrics and steady monitoring. With technical help and engagement, Golteum’s blockchain-based platform bridges the hole between Web3 and conventional Valuable Metals investments. The alliance accelerates adoption, establishing Golteum as a trusted resolution for leveraging the blockchain within the valuable metals trade. It caters to institutional and retail traders, permitting corporations to carry steady asset-backed tokens and providing a user-friendly Web3 financial savings platform for retail traders. With Chainlink’s assistance, Golteum is bringing tokenized precious…

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Golteum has announced its admission into the Chainlink BUILD programmed. Golteum is a leading emerging decentralized finance (DeFi) platform that enables the purchasing and selling of valuable metals on the blockchain. A motivational factor for the widespread adoption of tokenized valuable metals funding on the blockchain is joining the fellowship. Even before its launch, Golteum has certain current events that give early adopters some options. Golteum is delighted to declare that it has officially joined the Chainlink BUILD programmed. Golteum hopes to accelerate the development of its ecosystem and the long-term adoption of physically precious metals on the blockchain by…

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The post $11.3B in BTC, ETH, and USDT Found in OKX’s Eighth Proof of Reserves by OKX appeared first on cryptomuskn Fintech News. The second-largest cryptocurrency exchange, OKX, just published its eighth straight Proof of Reserves (PoR) report, showing balances of $11.3 billion in BTC, ETH, and USDT. The PoR discloses OKX’s reserve ratio above 100% for eight months and covers 22 digital properties. For increased security, the great bulk of reserves are kept in off-chain chilled storage. The current reserve ratios for BTC, ETH, and USDT are 103% (103% for each), further demonstrating OKX’s dependability and transparency in the…

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CoinTR Alternate aims to establish itself as one of Turkey’s top cryptocurrency exchanges by providing its users with a stable and simple-to-use platform. CoinTR Exchange has teamed up with Ziraat Bank and Vakf Bank, two state-owned banks in Turkey, to further increase the platform’s dependability and user experience. A number of cryptocurrencies can be bought and sold using the Turkish Lira on CoinTR, a cutting-edge cryptocurrency exchange. The site has attracted attention since September 2022 for its intuitive user interface, robust infrastructure, dependability, and high volume of buying and selling. The team behind CoinTR has extensive experience from major exchanges…

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The U.S. Securities and Change Fee (SEC) lawsuit’s authorized defense team, which included attorney Clayton J. Masterman, has resigned. Although the consensus on the internet was that Masterman’s departure significantly hurt Ripple, crypto lawyer John Deaton thinks that the lawyer’s absence has no bearing on the outcome of the case. Earlier today, John Deaton announced the news of Masterson’s departure from Ripple’s authorized protection team on Twitter. According to the cryptocurrency attorney, the Ripple lawyer’s withdrawal was not cause for alarm. “Let me be clear: a lawyer’s withdrawal has no effect. It’s not a sign that the matter has been…

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The U.S. economy will see a blip, followed by a year of contraction, predicts HSBC. Additionally, the financial behemoth predicted that a recession in Europe will follow the U.S. economy’s downturn in 2024. Recession indicators are “flashing red” for multiple economies, according to HSBC’s asset manager’s mid-year assessment. The bank asserted that the bond and equities markets are not being adequately reflected in monetary and fiscal policies. The United States has been in a recession for some time, despite efforts by the Fed to control inflation. Why does HSBC anticipate a U.S. recession? Joseph Little, the global chief strategist, claims…

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Bitcoin’s value is at a crucial crossroads right now since it is hovering around the $30,000 threshold, raising speculation about its upcoming transfer. While momentarily falling below this level, the crucial question is still whether or not it will continue to serve as support or if a more significant conflict is currently in progress. Recent short-term charts offer insights into price movements over the preceding five days; they show an initial spike above $30,000 followed by a minor reversal. Bitcoin Value Assessment In a recent video by Tyler S, a variety of help levels are noted, including crucial help around…

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The recovery of Dogecoin (DOGE) over the past week has run into trouble because the 24-hour value dropped by 2.62%. The DOGE stock soared from $0.060 to $0.68 from June 20 and June 23. However, the decrease in value has forced the meme to narrowly consolidate during the past few days. According to the 4-hour chart, DOGE’s bullish thesis began to take shape strongly at $0.0612. Similar to Bitcoin (BTC), DOGE and other cryptocurrencies benefited from the surge in institutional interest. a significant decrease in activity and energy Despite the lengthy rising period, there was a breach in the uptrend…

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In the most recent development in the non-fungible token (NFT) space, an anonymous digital artist and researcher by the name of Elena is facing accusations of plagiarism about a variety of her art-related possessions. Nearly 90,000 people follow Elena, who formerly identified herself as a resident researcher on the well-known NFT sequence Azuki. But the caption has subsequently disappeared from her Twitter profile. The accusations surfaced before Elena’s latest NFT challenge, Atomic Ordinals, was scheduled to begin. On Wednesday, Kemosabe, the chief innovative officer at Part Labs, the company that developed the governance system, said on Twitter that Elena had…

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The National Tax Company of Japan recently published a notice describing changes to the corporate tax regulations for cryptocurrency. This move represents a constructive step towards improving the business environment and addressing issues linked to conducting cryptocurrency-related operations in Japan. According to the recently approved regulations, Japanese firms that issue tokens are not required to pay the standard 30% corporate tax on their shares. The updated regulations specifically say that digital currencies generated by firms may be exempt from paying business taxes on unrealized cryptocurrency benefits provided certain conditions are met. Self-issued digital currencies being excluded from market valuation has…

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Mark Yusko, founder and CIO of Morgan Creek Capital, expressed his upbeat opinion on Bitcoin (BTC) and the cryptocurrency markets in a recent interview with CNBC, claiming that they had entered a bullish phase. As a result of the four-year cycle that surrounds Bitcoin’s halving events, Yusko thinks that the current bull market in Bitcoin is simply the beginning of a larger one. The halving of Bitcoin, which takes place every four years, involves changing the block rewards recorded in the blockchain. According to Yusko, the next halving event is anticipated in April, culminating in a period of accumulation before…

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Indian expatriates in Bahrain would be able to pay their home power bills quickly because to the new tooling. Both an online interface and mobile applications can be used to access the services. Customers of Ripple have launched a cost-tracking tool for Indian expats, a group activist claims. A cross-border digital cost resolution for Indian citizens living in Bahrain was launched by two users of the Ripple fintech decacorn, according to WrathofKahneman, a pseudonymous group devoted to Ripple and XRP. A cross-border inward cost invoice service was officially launched on the mainnet by NPCI Bharat BillPay in association with Ripple…

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Yesterday, the popular cryptocurrency dealer and analyst Michael van de Poppe posted his most recent technical analysis for Bitcoin (BTC). In the video, he made a forecast that BTC may breakout swiftly and possibly reach a high of $44K in the next weeks. After filing their applications for a BTC Trade Traded Fund (ETF), Black Rock and several other major fund managers provided Van de Poppe with their opinions. According to the analyst, if these files are successful, the value of BTC might increase. In addition to being positive about Bitcoin, van de Poppe stated in his analysis that now…

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On the Bitstamp exchange earlier today, the price of one bitcoin rocketed to a one-year high of $31,431. A growing fervor surrounding a flurry of exchange-traded fund (ETF) filings served as the spike’s driving force. The Volatility Shares 2x Bitcoin ETF, which is set to debut on Tuesday, has been touted as effective and adds to the optimism. Trade analysts agree that this transfer is being regarded as a possible hint that the SEC is softening its previously hostile position towards Bitcoin. The BITX announcement, which comes after the successful launch of BITO, provides more evidence of a changing regulatory…

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Under the shroud of scrutiny that is engulfing the global cryptocurrency market, Brazil opens an investigation into Binance, arguably the most renowned company in the sector. Guilherme Haddad Nazar, director of Binance Brazil, has been called in for questioning as a result of the inquiry and is expected to give his testimony before the national Congress. Congressman Alfredo Gaspar of Brazil’s CPI of the Monetary Pyramids asked Nazar to take a look. The motion put forth by Gaspar is awaiting approval from various CPI members. It is anticipated that the committee will meet next, where the vote will take place,…

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Early in the day, the VeChain (VET) market had strong bearish momentum, which successfully drove the price down to a 24-hour low of $0.01631. However, VeChain’s inclusion by Coinbase, which increased transparency across the whole crypto industry, offset the negative trend. As a result, the bulls raised the VET price to a seven-day high of $0.01857 before running into resistance. However, as of the time of publication, the bullish trend was still in control of the market, causing a 6.32% increase to $0.01799. VeChain’s upbeat attitude was considerably enhanced by the Coinbase connection, bringing in more consumers and buyers. As…

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Financial watchdogs all over the world have been putting pressure on the crypto industry to comply with regulations. They have continued to grow their business in spite of this. Additionally, Crypto.com has been active, and it appears that Spain is its most recent location. The exchange recently reported on its blog that it had received a Virtual Asset Service Provider [VASP] registration from the Bank of Spain, allowing it to conduct business there. Crypto.com now has the opportunity to offer its extensive variety of products and services to customers in Spain after purchasing the VASP registration from the Bank of…

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The XRP neighborhood is humming with excitement and enthusiasm on the world of digital money. Three significant occurrences are approaching that could have a significant impact on the future of XRP, the digital currency linked to Ripple. These occurrences include the resolution of the legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC), a potential increase in the price of XRP, and a potential change in the leadership of the SEC. Decision in the lawsuit: XRP’s safety standing. The ongoing legal conflict between Ripple and the SEC is at the center of the story. According to the SEC,…

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Thomas Gorman, Companion at the American regulatory body Dorsey & Whitney, defended the SEC’s investigation of the cryptocurrency industry in a recent interview, asserting that all of its litigation has been “winnable.” Gorman is particularly skilled at defending clients against SEC investigations, enforcement actions, and legal white-collar securities cases. “In my opinion, Gary has a really well-organized agenda. When asked a question by Bloomberg Crypto hosts Matt Miller and Kailey, Gorman responded, “People who find themselves not listening to him are going to regret it. Gorman stated that despite the current market misunderstanding, the fundamentals of digital property have always…

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Despite the ongoing conflict between the SEC and the major cryptocurrency exchanges, analysts believe that bitcoin trading will continue for some time to come. Every day, new projects join the coin market, each of which offers the market new possibilities. Uwerx is a brand-new challenge that will soon hit the market and has features that analysts think might make it one of the biggest challenges out there. Continue reading as we examine the market changes for Chiliz (CHZ) and Fantom (FTM) following the SEC complaint. We will also discuss the success of Uwerx’s presale and the advantages of investing. Chiliz…

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