Crypto Market Reacts: Binance CEO Changpeng Zhao Steps Down
In a shocking turn of events, Binance CEO Changpeng Zhao has agreed to step down from the crypto exchange and has plead
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Reacts
Community reacts to HK spot Bitcoin ETF news
The cryptocurrency community is excited about the Hong Kong government reportedly weighing the launch of a spot cryptocurrency exchange-traded fund (ETF) amid the ongoing regulatory pushback against such products in the United States.Hong Kong’s potential entrance into spot crypto ETFs could be a significant development in the context of the
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FTX founder, Sam Bankman-fried, is guilty to all charges: crypto community reacts
In anticipation of the verdict of Sam Bankman-Fried (SBF), scheduled for March 28, 2024, the crypto community is abuzz, sharing their opinions on the trial of the disgraced founder of FTX, a defunct crypto exchange. The crypto markets fell after the verdict. However, losses were largely contained. Bitcoin (BTC), which has
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Sam Bankman-Fried Verdict: The Crypto Industry Reacts
“I also think that, in a way, this verdict is a win for the crypto industry itself. After all, it was the industry (including crypto journalists) that discovered and exposed SBF’s wrongdoing, and certain market participants that were themselves harmed by FTX and Alameda testified in the case against SBF.
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Community reacts to SEC dropping XRP case and LBRY shutdown
Ripple’s new win in the legal battle against the United States securities regulators has been marred for crypto enthusiasts by news of the blockchain platform LBRY shutting down operations, which has triggered the community to react.The U.S. Securities and Exchange Commission (SEC) announced its intention to dismiss all claims against
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Pro-XRP Lawyer Reacts To Musk And Cuban’s SEC Amicus Brief
In a pivotal moment backed by pro-XRP lawyer John E Deaton’s sentiments, high-profile entrepreneurs Elon Musk and Mark Cuban, along with a
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OKX reacts to new UK crypto regulations, reduces listed tokens
In response to new rules by the Financial Conduct Authority (FCA), OKX announced changes to its services for U.K. users, including offering 40 tokens. Seychelles-based crypto exchange OKX has responded to strict new rules regulating the advertising of cryptocurrencies in the U.K. by significantly changing its services and offerings for customers
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Bitcoin price reacts as 3.7% CPI sees inflation jump beyond forecasts
Bitcoin (BTC) saw snap volatility on Sept. 13 as United States macroeconomic data showed inflation beating expectations.BTC/USD 1-hour chart. Source: TradingViewFuel, shelter boost August CPI beyond targetData from Cointelegraph Markets Pro and TradingView followed BTC price action as it threatened a fresh loss of the $26,000 mark. The Consumer Price
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Crypto community reacts to Biden’s proposed crypto tax reporting rules
Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States president Joe Biden. On Aug. 25, in an effort to catch crypto users avoiding taxes, the Internal Revenue Services (IRS) proposed brokers follow new rules for selling and trading digital assets. Brokers would
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Curve’s crvUSD depegs as market reacts to shock events
Curve Finance's native stablecoin crvUSD briefly depegged on Aug. 3, reacting to an uncertain environment surrounding the protocol after its recent exploit. In the course of the day, the stablecoin fell by as much as 0.35% before regaining its peg to the United States dollar.Curve's crvUSD uses a mechanism for
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