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None of the “sanctions targeting Russia completely prohibit involvement in the mining sector,” said David Carlisle, vice president of policy and regulation at Elliptic, a blockchain analytics firm. Still, there are “significant risks” for firms operating in Russia’s mining sector: they can’t do business with sanctioned entities including mining hosting
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According to data from Bloomberg, money flowing out of crypto exchange-traded funds has slowed down by 97% in Q3 compared to Q2. Investors pulled $17.6 million from crypto ETFs in Q3 in comparison to a record withdrawal of $683.4 million from the ETF in Q2. The second quarter of 2022 saw record
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Funds focused on bitcoin, the largest cryptocurrency by market capitalization, gained $98 million, up from $95 million the week before and pushing assets under management (AuM) to a record $56 billion, even though bitcoin’s dominance against alternative coins (altcoins) has waned over the week. Source
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Shark Tank star Kevin O’Leary, aka Mr. Wonderful, expects a “trillion dollars” more to flow into bitcoin in the next couple of years. He also sees cryptocurrencies becoming an institutional asset class. “We don’t know when but it is definitely going to come. It’s not going away,” he said. Kevin O’Leary
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The Information Commissioner (ICO) is calling on the UK’s businesses to check whether they are impacted by data protection law before the
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Bitcoin's price jumped Wednesday by the most in six weeks, outpacing U.S. stocks, after the Federal Reserve pledged to keep pumping new money into markets and government data showed the economy sliding into recession.Bitcoin rallied 12% to $8,703 as of 19:30 UTC (3:30 p.m. Eastern time). The Standard & Poor's
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