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The Philippines’ top payment provider adds crypto to its mobile app

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Philippines-based major fintech company PayMaya has reportedly launched a new cryptocurrency feature on its app, following in the footsteps of PayPal, Venmo and others. According to TechInAsia, PayMaya users will be able to trade, purchase, and spend digital assets using their accounts. This is also part of PayMaya’s aim to offer a comprehensive crypto package
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‘Decision Time’ for Cardano (ADA) Quickly Approaching, According to Crypto Analyst Benjamin Cowen

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A popular crypto analyst says it’s “decision time” for Ethereum (ETH) challenger and smart contract platform Cardano (ADA). In a new video update, Cowen tells his 723,000 YouTube subscribers that ADA could currently be mirroring leading altcoin Ethereum’s market structure from 2016/2017 when it briefly dipped to new lows in late 2016 before exploding more
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Ethereum traders eye the 61.8% Fib level if ETH fails to hold the $3.2K support

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The cryptocurrency market is nearly completely red on April 6 after hawkish comments from multiple members of the Federal Reserve highlighted their opinion that aggressively raising interest rates and cutting bond purchases would need to happen in order to combat inflation. Members did concede that this would result in negative pressure being placed on financial markets
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Ethereum Significantly Undervalued While Terra, Solana and Additional ETH Rival Show Positive Signals: Bloomberg Analyst

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Commodity analysts from Bloomberg say that Ethereum (ETH) is significantly undervalued and that three of its biggest competitors are all showing solid potential. In the latest Crypto Outlook report, Bloomberg strategist Mike McGlone says that based on a discounted cash flow model, which attempts to estimate the value of an investment based on projections of
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BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

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Bitcoin (BTC), the entire crypto sector and the S&P 500 index are correcting on April 6, which highlights the tight correlation between the two sectors. Despite the weakness, institutional investors do not seem to be halting their purchases, suggesting that they remain bullish in the long term. Terra used the dip to buy an additional 5,040
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Are CBDCs kryptonite for crypto? – Cointelegraph Magazine

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Central bank digital currencies — digital currencies backed by a central bank — have received renewed interest with the United States President Joe Biden’s Executive Order on Ensuring Responsible Development of Digital Assets. Proponents of CBDCs argue that widespread adoption will promote financial inclusion, expand public access to safe money, improve the efficiency of payments
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