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After Silicon Valley Bank (SVB) experienced financial turmoil, the U.S. Federal Deposit Insurance Corporation (FDIC) and the California Department of Financial Protection and Innovation closed the financial institution. Insured depositors can withdraw their funds on Monday after the FDIC took over the failed bank. Federally Insured Depositors to Withdraw Funds on
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The president's team has already passed one crypto tax-related piece of legislation into law; in 2021, the Bipartisan Infrastructure Framework, which later became the Infrastructure Investment and Jobs Act, included a controversial tax provision that would impose certain reporting rules onto brokers facilitating crypto transactions. The definition of "broker" was
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Bitcoin (BTC) stayed near key support on March 5 as the weekly candle close brought fresh fears of a breakdown.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst warns over fate of $20,000Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it continued to move in a tight range over the weekend.The
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The high cost of understanding multiple chain environments means enterprises are likely to stick to what they know, argues Paul Brody, head of blockchain at EY. Source
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Bitcoin (BTC) faced a showdown with a key trend line on Feb. 28 as the monthly close finally arrived.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin "doesn't feel bullish" into February closeData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling an area around $23,500 at the Wall Street open.With United
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The Fund currently supports more than 100 startups with its investments. Blockchain Founders Fund (BFF), a Singapore-based venture capital fund that invests in top-tier blockchain startups worldwide, recently generated $75 million in its recently-closed Fund II. The VC fund announced the final close of its Fund II on February 27,
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Bitcoin (BTC) headed toward $24,000 at the Feb. 27 Wall Street open as a strong weekly close translated into further gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin gains $1,000 versus weekend lowsData from Cointelegraph Markets Pro and TradingView showed BTC/USD rebounding in line with United States equities futures.The pair had
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Bitcoin (BTC) sought to end the week above $23,000 into the Feb. 26 close as concerns heightened over stubborn resistance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price bulls keep faith in $30,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $23,318 on the day, up $600 from its weekend
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Solana Spaces will close down its two Solana (SOL)-themed, community-oriented retail stores in New York City and Miami at the end of the month, as the physical stores didn't onboard as many users as it initially anticipated.Solana Spaces tweeted the news on Feb. 21 sharing a note from its founder,
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Bitcoin (BTC) is leaving traders guessing as the future of the bull market depends on the last week of February.In multiple tweets on Feb. 17, popular trader and analyst Rekt Capital flagged crucial resistance battles ongoing on BTC/USD across multiple timeframes.Bitcoin price squares off with bear market downtrendBitcoin hit new
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