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Binance’s $4.3 billion settlement with the United States Department of Justice (DOJ) is being hailed as a positive move for the company and the wider cryptocurrency industry, according to Galaxy Digital’s Mike Novogratz.In an interview with Bloomberg on Nov. 29, the CEO of the cryptocurrency investment firm expressed his belief that the
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Santander Private Banking International, a division of Banco Santander, is now offering its wealthy clients the opportunity to trade and invest in prominent cryptocurrencies like Bitcoin and Ether, marking a significant shift in the bank’s approach to digital asset management. Santander Private Banking International, an arm of Banco Santander, is now
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The 90 day net change in the supply of the top four stablecoins has flipped positive, indicating an inflow of capital into the market. Source
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The Toronto-based company's loss widened to C$53.6 million ($39 million) from C$23.8 million, while sales slumped to C$17 million from $31.7 million in the year-earlier period, according to a statement on its website. The number of bitcoin mined in the quarter tumbled to 330 from 982. Original Source
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The UBS report for Q3 2023 showed that the company’s net loss increased because of expenses necessary due to the Credit Suisse integration. Multinational investment bank and financial services company UBS Group AG (SWX: UBSG.SW) has published its report for Q3 2023, showing a disappointing net loss. The banking giant announced
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Coinbase, a cryptocurrency exchange, reported a net loss of $2 million in Q3 2023 despite rising revenue and a drop in trading volume, according to details of the recent shareholders letter circulated on Nov. 2. However, the exchange reduced its net loss compared to the same period last year, which was $545 million. The
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The Indian Ministry of Home Affairs (MHA) is reportedly developing a crypto intelligence tool in response to a rise in illegal activities around cryptocurrencies in the country. According to a CNBC report, the MHA aims to combat crypto-related crime through the Cryptocurrency Intelligence and Analysis Tool (CIAT). The project is spearheaded
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"In August 2022, the Ethereum Foundation warned users that the upcoming Paris upgrade would not reduce gas fees. Subsequently, prices fell, and ether was doomed to underperform bitcoin. But this also hinted towards the next potential catalyst for Ether investors—lower gas fees," Markus Thielen, head of research and strategy at
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Data shows the Bitcoin Net Taker Volume has turned significantly positive recently, a sign that may be bullish for the asset. Bitcoin Net
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Despite trimming debt and operational expenses, Argo Blockchain posted a net loss of over $18 million in H1 2023, records show. Argo Blockchain, a leading crypto mining company (LSE: ARB; NASDAQ: ARBK), has released its performance
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