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For example, Thailand’s Bank of Ayudhya demonstrates how the use of blockchain technology leverages cross-border funds transfers.Bitcoin plummeted to as low as $53.5K on May 11.

However, the lowest concentration of Bitcoin whales is around $52K, which means that this may be the current floor price of Bitcoin.At the ongoing Singapore Fintech Festival, Crypto.com has revealed its collaboration with Xfers, a Singapore-based payment processing portal.

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