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India’s De-Dollarization Push Flounders as Oil Suppliers Cite Rupee Repatriation Concerns

India's Attempt to Pay for Oil in Rupees Fails The Indian Oil Ministry recently admitted that its efforts to pay for oil with rupees have been unsuccessful due to concerns from suppliers about repatriating funds. The goal of this initiative was to reduce India's reliance on the U.S. dollar for cross-border transactions. High Transactional Costs

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The U.S. SEC’s Cash-Only Requirement for Bitcoin ETFs is “Nonsense,” Says Vaneck Director

An Absurd Requirement The director of Digital Assets Strategy at asset management firm Vaneck, Gabor Gurbacs, has criticized the U.S. Securities and Exchange Commission (SEC) for its cash-only requirement for spot bitcoin exchange-traded funds (ETFs). Gurbacs believes that this requirement is unnecessary and called it "nonsense" on social media platform X. Public Companies Already Hold

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Fidelity ROTH IRA Tutorial – How I’m Getting a 51% Return on Investment

Self-Directed Gold IRAs are fantastic as they allow you to put money into precious metals without needing to deal with any middlemen. Actually, these accounts are so easy that even your grandmother could set it up! When you buy physical gold, silver, platinum, palladium and Rhodium bars, coins, rounds and bullion, you get immediate liquidity.

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Microstrategy Acquires More Bitcoin, Raising Total Holdings to 189,150 BTC

Microstrategy's Bitcoin Holdings Reach 189,150 BTC Nasdaq-listed software intelligence firm Microstrategy has further increased its bitcoin holdings by acquiring an additional 14,620 BTC for approximately $615.7 million. With this latest purchase, the company now holds a total of 189,150 bitcoin, acquired at an average price of $31,168 per coin, totaling approximately $5.9 billion in value.

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Solana Surpasses Ethereum in Dex Volume: A Shift in Market Dynamics

Solana's Rise in Decentralized Exchange (Dex) Volume Recent statistics have revealed a significant milestone for decentralized exchange (dex) platforms built on Solana. In the past week, these platforms have surpassed Ethereum in terms of market performance. Data indicates that Solana-based dex platforms achieved a volume of $1.447 billion in the past day, overshadowing the $1.282

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Bitcoin’s Performance Outshines Altcoins in 2023 Despite Market Growth

Ethereum and Binance Coin Struggle Against Bitcoin While the overall cryptocurrency market experienced significant growth in 2023, the performance of altcoins compared to bitcoin has been less impressive. Ethereum, the second-largest cryptocurrency, saw a 24% decrease in value against bitcoin. Binance Coin also suffered, losing 50.55% of its value when measured against bitcoin. Solana Soars,

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Bitcoin Solidifies Lead Over Ethereum in 2023 — Dominates in Market Cap, NFT Sales, and Fee Generation

Bitcoin Reigns Supreme in 2023, Outpacing Ethereum in Several Metrics In the year 2023, bitcoin has established its dominance over ethereum in various significant aspects. Over this period, the value of ether has experienced a decline of 27.65% in relation to bitcoin's price. It has fallen from 0.073 ether to its current level of 0.052

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Bitcoin Options Open Interest Soars to Unprecedented Levels Ahead of SEC ETF Decision

Introduction The open interest in Bitcoin options has reached a staggering milestone, surpassing $18 billion on December 22, 2023. This surge is indicative of traders utilizing Bitcoin options to manage risk and speculate on its future price movements. One significant factor driving this trend is the upcoming decision by the U.S. Securities and Exchange Commission

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