Month: July 2023

Borroe Finance empowers small businesses to scale, grow revenue

Borroe Finance is a crypto project behind ROE. It aims to transform how small businesses receive funding and expand in web3.  The platform empowers businesses to unlock their true potential, scale up, and thrive using artificial intelligence (AI) and blockchain.  Struggles of small businesses in web3 Though the web3 revolution has presented opportunities for small businesses, there have been challenges. Many ventures encounter short-term liquidity issues, capping growth. Meanwhile, traditional financing institutions have been slow to grasp the dynamics of the web3 industry, resulting in slow, inefficient, and expensive funding options.…

Bitcoin traders put eyes on $31K even as $2B in BTC options expire on Friday

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The upcoming $2 billion Bitcoin (BTC) monthly options expiry on July 28 could potentially establish $29,500 as a support level. Some argue that the recent United States Federal Reserve interest rate increase to 5.25% had a detrimental effect on risk-on assets like cryptocurrencies. However, Bitcoin bulls believe that the full impact of a tighter economic policy takes time to influence the markets. Bitcoin daily price movements during option expiries. Source: TradingView Looking back, the monthly expiry on June 30 did not cause significant volatility, given that Bitcoin had already experienced…

Dogecoin Falls While Others Rally, Is It Decoupling From The Market?

Over the last day, the majority of the crypto market has been rallying alongside Bitcoin. But Dogecoin seems to have a mind of its own as it has gone in the opposite direction. The meme coin started out Thursday with a decline, which follows the trend of DOGE deviating from the general crypto market trend over the past week. Dogecoin Fails To Register Similar Gains To Larger Altcoins Dogecoin has struggled to keep up with the gains of top altcoins such as Ethereum and XRP. In this time, the meme…

U.S. House Approves Major Crypto Bill, Pushes For Regulatory Framework

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A noteworthy development has occurred in regulating the United States’ crypto space as a House Committee has approved a bill to bring clarity into the industry.  On July 26, the U.S House Financial Services Committee approved the Financial Innovation and Technology Act for the 21st Century Act, popularly known as FIT21. #PASSED: In a historic first, the House Financial Services Committee just advanced the BIPARTISAN FIT for the 21st Century Act to protect consumers and provide clear rules of the road for the digital asset ecosystem. Up next: @HouseAgGOP considers…

CBDCs Wrongfully Break Down the Separation Between Money and State

In addition, the accumulation of these funds will allow central banks, with only modest competition, to direct personal loans and mortgages to favored private parties – with all the dangers attendant to state industrial policies.  The nightmare scenarios are not hard to fathom, but difficult to prevent.  Original Source BreakCBDCsMoneySeparationStateWrongfully CryptoX Portal