Are Fund Managers Abandoning US Stocks at an Unprecedented Rate? How Could Recession Concerns Impact Bitcoin?

As the economy faces uncertainties, fund managers have been steadily divesting their portfolios of U.S. stocks in favor of safer assets like bonds and gold. Many in the financial world are predicting an impending recession, leading to a shift in investment strategies towards more stable options. However, some fund managers are looking beyond traditional safe [...]

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Polygon price recoils as Disney abandons the metaverse

Polygon (MATIC/USD) price continued its downward trend as investors react to the latest disappointment in the blockchain industry. MATIC pulled back to a low of $1.03, the lowest level since March 11. It has dropped by over 15% from the highest level this month. Disney and Meta blockchain plans Polygon, the biggest layer-2 blockchain network …

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Why You Should Probably Dump This ‘Top 100’ Project

Tracking developer activity on crypto projects is a good indicator for long-term success. This is not financial advice, but serious considerations need to be made when a project has no developers… Covered: Why Developers Are Important Abandoned Crypto Projects Why Open Source Is Important Why Developers Are Important Let’s be honest, crypto projects that have […]

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El Salvador Rejects IMF Call to Abandon Bitcoin as Legal Tender – Regulation Bitcoin News

El Salvador has rejected the recommendation by the International Monetary Fund (IMF) to drop bitcoin as legal tender. The country’s finance minister reportedly “angrily” said, “No international organization is going to make us do anything, anything at all.” El Salvador Says No to IMF on Bitcoin The government of El Salvador has rejected a recommendation […]

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Crypto Flipsider News – Avalanche Surpasses DOGE, Zcash Surges, Lydia Integrates crypto, Su Zhu Abandons ETH, El Salvador Plans Bitcoin City

Read Monday's breaking news in the daily digest!

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Decline in XRP Futures Open Interest Sparks Concern: Are Altcoin Traders Abandoning Ship?

The open interest in XRP futures has seen a significant decline of 37%, raising questions about whether altcoin traders are abandoning ship. This drop in open interest could signal a shift in sentiment among traders, possibly indicating a move towards other assets. While XRP has been a popular choice among traders, the recent drop in [...]

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