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Bittrex Global Ceases Operations amidst Regulatory Turmoil

Bittrex stated that the decision to cease operations was not taken lightly, acknowledging the inconvenience this may cause to its customers. Bittrex Global, one of the largest cryptocurrency exchanges in the United States before 2021, unexpectedly announced that it will cease all operations starting Monday, December 4, 2023. According to Bittrex Global’s

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PwC hedge fund survey finds crypto remains viable despite recent market turmoil

PwC released its fifth annual global crypto hedge fund report on July 12 based on surveys of crypto-native and traditional hedge funds conducted in the first quarter of 2023. Against the backdrop of the recent crypto winter and continuing regulatory uncertainty in the United States and elsewhere, the report found

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Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry – Bitcoin News

Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as regional bank stocks hit new lows. Banking Industry on Edge

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