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Major cryptocurrencies traded lower on Wednesday evening despite the release of positive inflation data in the Consumer Price Index (CPI) report for June.CryptocurrencyGains +/-Price (Recorded 9:30 p.m. EDT)Bitcoin BTC/USD -0.53%$30,380Ethereum ETH/USD -0.52%$1872Dogecoin DOGE/USD -0.62%$0.064 What Happened: The U.S. consumer prices recorded a 0.2% increase in June, which was lower than expectations for a 0.3% rise.Core
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Fintech company Revolut has launched a robo-advisor service in the United States, further expanding its suite of services within its super app. The move enables U.S. investors to leverage Revoluts automated investment platform for managing their portfolios. The robo-advisor feature provides users with access to a range of investment options and automated portfolio management tools.
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In the midst of the financial crisis in October 2008, Berkshire Hathaway Inc. CEO Warren Buffett made a significant late-night phone call to the then-Treasury Secretary Henry "Hank" Paulson. Buffett aimed to share an idea that could potentially revive the struggling economy. Don't Miss:Why Silicon Valley Elites Are Betting On This Startups Vision For Reuniting
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Lithuanias prominent institutional actors in fintech including the Ministry of Finance, the Bank of Lithuania, Go Vilnius, ROCKIT, and Fintech Hub LT signed a Memorandum of Understanding, solidifying guidelines to enhance conditions for business in the sector and fostering the development of transparent regulatory frameworks through 2028. Context: Lithuania holds the title of the largest
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The U.S. government is contemplating new restrictions on the export of AI chips to China in an effort to limit Chinas technological advancements and contain its rising influence. The ban, which may go into effect as soon as next month, would prevent Nvidia Corp. NVDA and other chipmakers from shipping their products to clients in
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Allan Maman got his business career started early, creating Fidget360 while he was still in high school. Maman credits, at least partially, Fidget360 for starting the fidget spinnerfad of 2017-2018. Since then, Maman has packed his resume with impressive roles, includingRobinhood Markets Inc HOOD and presidential candidates Andrew Yang and Michael Bloomberg. Now, Maman helps
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