Raymond Munene, Author at MEXC Blog • Page 14 of 14

India Pays the United Arab Emirates in Rupees for Oil

Raymond Munene August 17, 2023 Market Updates, MEXC Creators

The UAE has received India's first-ever rupee payment for a crude oil shipment. This could be a huge blow to the strength of US Dollar.

Coinbase’s Base Daily Active Users Exceeds 100,000

Raymond Munene August 15, 2023 Market Updates, MEXC Creators

Coinbase's new Base layer-2 network has rapidly surpassed over 100,000 in daily active users just days after its mainnet launch.

US Credit Card Debt Soars Past $1 Trillion Mark

Raymond Munene August 14, 2023 Market Updates, MEXC Creators

Total revolving credit card debt owed by American consumers has surpassed $1 trillion for the first time on record.

Coinbase’s Base Network is Now Open to the Public

Raymond Munene August 14, 2023 MEXC Creators

Crypto exchange Coinbase has publicly launched its own decentralized blockchain network called Base after months of testing and development.

PayPal Launches its Stablecoin (PYUSD)

Raymond Munene August 14, 2023 Market Updates, MEXC Creators

PayPal has introduced its own branded stablecoin PYUSD which will be integrated with its Venmo app to support crypto services with reduced volatility.

Long-Term Bitcoin Holders Accumulate Despite Price Slump

Raymond Munene July 28, 2023 MEXC Creators, Market Updates

Data shows long-term Bitcoin holders continue accumulating, with their supply reaching 75% of circulating BTC, suggesting mature investors are unfazed by the bear market.

Congressman Proposes Ban on US Central Bank Digital Currency

Raymond Munene July 24, 2023 Market Updates, MEXC Creators

Congressman Warren Davidson has introduced a bill to outright ban a central bank digital currency in the US over privacy concerns and risks of government overreach.

Indonesia Launches National Crypto Exchange and Clearing House

Raymond Munene July 24, 2023 MEXC Creators, Market Updates

Indonesia has launched its first licensed crypto exchange and clearinghouse, marking a significant step towards establishing a regulated domestic digital asset trading market.

Kuwait Authorities Bans Cryptocurrency Activities Citing National Security Concerns

Raymond Munene July 24, 2023 MEXC Creators, Market Updates

Kuwait has instituted a complete ban on all cryptocurrency activities, including trading, payments, and mining, over concerns related to financial crime and threats to national security.