Twitter Users to Trade Crypto Through Etoro

Twitter Users to Trade Crypto Through EtoroSocial trading company Etoro has partnered with Twitter to will allow users of the microblogging platform to invest in cryptocurrencies and other assets. The move is viewed as a step towards turning the social media into a “super app,” a mission under Musk, providing financial and a range of other services. Musk’s Twitter Cashtags to […]

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China’s Wechat Adds Support for Digital Yuan Payments

China’s Wechat Adds Support for Digital Yuan PaymentsChinese social media platform Wechat has introduced support for the state-backed digital yuan in its popular payment app. Over a billion users will now ostensibly be able to take advantage of fast payments with the digital currency issued by the People’s Bank of China. Wechat Pay Follows Alipay in Integrating Payments With Digital Yuan The […]

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ECB Hikes Interest Rates by 50bps; Signals Need for Further Hikes to Fight Inflation

The European Central Bank (ECB) decided to hike three of its key interest rates by 50 basis points (0.5%) as part of its ongoing war against inflation. The organization stated that further increases are likely to happen “because inflation remains far too high and is projected to stay above the target for too long.” ECB […]

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Philippines’ Unionbank to Support Cryptocurrency Exchange via Mobile App

Philippines’ Unionbank to Support Cryptocurrency Exchange via Mobile AppUnion Bank of the Philippines, commonly known as Unionbank, has announced the upcoming launch of another crypto service for its clients. The financial institution will offer select users of its mobile app the option to exchange bitcoin and other digital currencies without a separate wallet. Unionbank to Add In-app Crypto Exchange Feature, Reportedly a First […]

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ECB to Cease Bond Purchases in Q3, Lagarde Says EU’s Economic Rebound ‘Crucially Depends on How the Conflict Evolves’

ECB to Cease Bond Purchases in Q3, Lagarde Says EU’s Economic Rebound 'Crucially Depends on How the Conflict Evolves'After the inflation rate in the eurozone reached a high of 7.5% in March, the European Central Bank (ECB) and the bank’s president Christine Lagarde explained on Thursday the central bank’s bond purchases will cease in Q3. Reiterating what she said at a press conference in Cyprus two weeks ago, Lagarde stressed on Thursday that […]

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