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Trueusd Struggles to Maintain $1 Peg as GHO Reaches $0.99

Trueusd (TUSD) Faces Fluctuations Below $1 Trueusd (TUSD), currently the fifth-largest stablecoin by market capitalization, has been experiencing fluctuations below its U.S. dollar peg since January 15, 2024. On January 17, TUSD's value dipped to $0.9709 per unit. Although it briefly recovered to the $0.99 mark the next day, as of 10:30 a.m. Eastern Time […]

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Is a Gold IRA Safe?

Self-DirectedGold IRAs are great because they let you put money into precious metals, without having to engage any middlemen. In fact, these accounts are so simple , even your grandmother could set it up! If you purchase physical gold, silver, platinum, palladium, and bar, rounds and bullion, you get immediate liquidity. If you’re looking diversify

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Crypto Lender Abra Settles with Texas Investors, Commits to Asset Return

Abra Agrees to Refund Texas Investors Following allegations of unregistered securities offerings, crypto lender Abra has reached a settlement with the Texas State Securities Board (TSSB). As part of the agreement, Abra will return assets to Texan investors, while other U.S. clients will also have the opportunity to reclaim their investments. Regulatory Scrutiny and Settlement

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Nigerian Currency Hits New Low Against US Dollar: Efforts Underway to Rectify Undervaluation

The Nigerian currency has recently experienced a significant decline against the US dollar on the official market. Central Bank Governor Olayemi Cardoso has acknowledged that the naira is currently undervalued and steps are being taken to address this issue. Official and Parallel Market Exchange Rates Almost Converge The Nigerian currency has reached a new low

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Chinese Investors Flock to Gold Amidst Stock Market Rout

China's Increasing Demand for Gold Chinese investors have turned to gold as a safe investment option due to the underperformance of traditional stocks and property. In 2023, China recorded the highest demand for gold for both jewelry and investment purposes, according to the World Gold Council (WGC). This sustained demand, along with central bank purchases,

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The AI Cryptocurrency Sector Grows by $1 Billion in Just 12 Days

Introduction Over the course of only 12 days, the market capitalization of the artificial intelligence (AI) cryptocurrency sector has surged from $6.08 billion to its current valuation of $7.15 billion. This remarkable growth can be attributed primarily to the impressive performance of bittensor (TAO), which has seen a significant increase of 31.6% against the U.S.

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