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The Biden administration is pressing China hard on accusations of forced labor of the Uyghur population in the Xinjiang region. On the other hand China continues to defend its policies.
The launch of Richard Branson into space has made the financial market buzzing with excitement around Virgin Galactic shares.
The spread of the delta variant in East Asia and the US has resulted in the spike of the COVID-19 cases. Concerns of a slowdown in the economic recovery put markets under pressure.
The firm revealed the plans on Thursday, noting that the deal will value Circle at an enterprise value of $4.5 billion.
Investors have reverted to tech stocks. Tech giants Apple and Amazon have seen a rise of over 15% in the past month,
The research study also stated that 75% of millennials would use cryptocurrencies if they had a better understanding of them.
Global Investment firm, Goldman Sachs, says Ethereum presently assumes the greatest ‘potential’ as a sought-after platform which can overtake Bitcoin.
The Pentagon in a press release on July 6 stated that “due to evolving requirements, increased cloud conversancy, and industry advances, the JEDI Cloud contract no longer meets its needs.”
The vaccination campaigns of the American government have yielded good dividends as attested to by the rapid return to economic normalcy on all fronts.
Marshall Wace was involved in Circle’s $440 million fundraising round, which ended in May, and has recently been hiring staff to build a team to work with the cryptocurrency sector, according to the article.
Mashinsky says Bitcoin is best held as a store of value, while Ether’s primary use is yield farming.
The OPEC+ group of oil producers have failed to reach a common consensus concerning the oil production increase for the August-December quarter as well as the extension of productions cuts to the end of 2022. Analysts predict that no conclusion will lead to a major surge in global oil price as demand surges post-pandemic.
PBOC and the Chinese Government joined hands to practice a permanent crypto ban in the region citing environmental issues.
Pleo generates 70% of its income from the exchange fees extracted from a merchant’s bank account once a customer uses their card.
While the NFT craze has been on a declining trend, the buyers have still outnumbered the sellers by a strong margin. Several NFT marketplaces have grown in size considerably over the last few months.