The Bank of Thailand might be increasing its gold reserves to power a de-dollarized trading system, according to Jan Nieuwenhuijs, a gold market analyst. Nieuwenhuijs states that the Bank of Thailand’s constant gold purchases might indicate the nation is preparing to address the possible trade imbalances derived from using Mbridge, a CBDC cross-border settlement project. […]
Statistics indicate that the first digital usd (FDUSD), a recently introduced fiat-pegged token launched in August 2023, has risen to become the fourth-largest stablecoin based on market capitalization. Currently, FDUSD holds the fourth position in terms of 24-hour global trading volume. FDUSD Claims Fourth Spot Among Stablecoin Titans In the realm of U.S. dollar-pegged cryptocurrencies, […]
After the former 45th President of the United States, Donald Trump, saw his cryptocurrency holdings exceed $ 5 million, just ten days later, the value of Trump’s digital asset collection has escalated to $ 7.5 million. This increase is largely due to $ 4.66 million emanating from the cryptocurrency he holds called …
The Salvadoran vice president, Felix Ulloa, has given his opinion about the relationship between the “rebirth” of the country and the adoption of bitcoin as legal tender in a recent interview. For Ulloa, bitcoin has been an important factor, alongside others, in this revamp of El Salvador, drawing crypto-related investments and tourists to the country. […]
10up, a leading development agency and contributor to the WordPress project, has merged with Fueled, a technology consultancy that specializes in mobile and web application development. Together, the companies now employ more than 400 full time team members, forming a digital powerhouse with expanded market reach across mobile and publishing sectors. …