Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Jul / 09
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- Dogecoin’s Role in Venezuelan Remittances Amid Migration CRISIS
- Jul 09, 2024 at 12:24 am Coin Edition
- Dogecoin has gained traction among Venezuelan migrants for remittances due to its low transaction fees, accounting for 9% of the $5 billion in foreign remittances received in 2023. This trend has been driven by the practicality of Dogecoin for transactional purposes, even amid market downturns, and has contributed approximately 6% to Venezuela's GDP.
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Apr / 27
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- Bitcoin Shines Amid Republic First Bank CRISIS, What Next?
- Apr 27, 2024 at 06:49 pm CoinGape
- US regulators' closure of Republic First Bank marks the first bank failure of 2024, igniting interest in cryptocurrencies as a potential haven amid the instability plaguing traditional financial institutions. Bitcoin, Ether, and various altcoins have observed gains following the announcement, while experts suggest that such bank failures underscore the need for alternative financial avenues like self-banking and decentralized finance.
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- Bitcoin emerges as safe haven amidst Republic First Bank CRISIS
- Apr 27, 2024 at 04:39 pm Cryptopolitan_News
- US regulators have shut down Philadelphia-based Republic First Bank, intensifying a shift towards cryptocurrency investments. Observers and investors highlight the closure as a testament to the reliability of cryptocurrencies amidst banking industry turmoil. The failure also underscores the growing sentiment for self-banking, evidenced by a recent spike in Bitcoin and Ether prices.
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