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Binance CEO Changpeng Zhao's (CZ) departure from the platform he founded and the company's guilty plea in a staggering $4.3 billion settlement with the United States Department of Justice have sent shockwaves through the cryptocurrency world. This development poses a crucial question: Is it a harbinger of doom or a
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Creditors of Mt. Gox, a now-defunct Bitcoin (BTC) exchange that lost 850,000 BTC to a hack in 2014, have reportedly received a new email hinting at soon-to-come repayments.Nobuaki Kobayashi, the trustee overseeing the Mt. Gox Bitcoin exchange’s estate, on Nov. 21, started sending out emails to rehabilitation creditors regarding the commencement
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Bitcoin (BTC) stayed glued to $27,500 at the Oct. 4 Wall Street open as attention continued to focus on rampant United States yields.BTC/USD 1-hour chart. Source: TradingViewAnalysis: $27,000 now "key" for BTC priceData from Cointelegraph Markets Pro and TradingView showed a calm day for BTC price action while U.S. dollar
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The exploited protocols offered a 10% bounty Thursday for returning the rest of the assets until the end f this week. Original Source
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Though the Law Commission findings are welcome, he believes they’re not enough. “We need to move, in short order, to companies legislation, to regulation, to tax, and to any other area which is fundamentally important to the ecosystem,” Katz said. Source
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Bitcoin (BTC) headed lower into the July 5 Wall Street open as a risk-off mood entered United States equities.BTC/USD 1-day chart. Source: TradingViewBTC price begins hitting dip-buying targetsData from Cointelegraph Markets Pro and TradingView showed BTC/USD tapping multi-day lows of $30,280 on Bitstamp.BTC price action continued a sideways trading pattern
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Bitcoin (BTC) circled $30,500 at the June 26 Wall Street open as bulls held newfound support.BTC/USD 1-hour chart. Source: TradingViewBitcoin ETF hype puts demands on U.S. sessionData from Cointelegraph Markets Pro and TradingView showed BTC price action retaining $30,000 around the weekly close.The largest cryptocurrency began the week on a
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“An estimated 20% of Americans have now owned bitcoin at some point. BlackRock’s proposed ETF potentially offers the other 80% an option that is altogether more familiar and accessible,” said Sui Chung, CEO of CF Benchmarks, in an email to CryptoX. “BlackRock’s increasing engagement shows Bitcoin continues to be an
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Funds structured as stablecoin issuer Circle’s Blackrock-managed USDC reserve fund “generally will be deemed ineligible” for the New York Federal Reserve’s reverse repurchase program under the new rules. Source
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First, why did the inflation hedge thesis lose credibility? Well, people saw inflation rising rapidly in late 2021 and early 2022, just as bitcoin's price quickly fell. Ergo, bitcoin wasn't an inflation hedge. Many critics of Bitcoin enjoyed carping about this, and the tl;dr of all of their articles and
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