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Bitcoin Soars Close to $28,000 amid Market Liquidations and ETF Prospects

October 16, 2023

Bitcoin experienced a substantial price surge of over 2.5% in the last 24 hours, coming close to an impressive $28,000 mark. This surge has sparked significant ripples in the broader …

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Grayscale Ready to Convert GBTC Into ETF as US SEC Approval Nears

October 16, 2023

Investment group Grayscale has announced its readiness to transform its Bitcoin Trust (GBTC) into an Exchange-Traded Fund (ETF) immediately after obtaining approval from the US Securities and Exchange Commission (SEC).This …

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Australia and Singapore Tighten Crypto Regulations

October 16, 2023

Australia and Singapore have been progressing with instituting tighter regulations on cryptocurrency exchanges. The Australian government aims to introduce new regulations requiring crypto exchanges to obtain a financial services license, …

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FTX Founder, Sam Bankman-Fried, Struggles To Concentrate During Trial, Lawyers Seek ADHD Medication Approval

October 16, 2023

Sam Bankman-Fried, the brains behind the crypto exchange platform FTX, has been caught in the eye of a legal storm. Following his struggle to maintain focus during his ongoing criminal …

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Learn Concept: Comprehensive Cryptocurrency Regulation and Its Impact

October 16, 2023

California's recent decision to introduce the Digital Financial Assets Law adds a new dimension to the crypto regulation landscape. This law enforces stricter rules for cryptocurrency businesses within the state …

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California to Introduce Strict Crypto Regulatory Framework in 2025

October 15, 2023

California Governor has approved a comprehensive cryptocurrency regulation bill, the Digital Financial Assets Law, that mandates stricter guidelines for crypto businesses set to take effect in July 2025. The bill …

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Learn Concept: The Implications of BlockFi's Bankruptcy and Relations with FTX and Alameda Research

October 15, 2023

The recent trial against FTX co-founder, Sam Bankman-Fried, has opened up discussions on the intricate relationship between crypto platforms like BlockFi, FTX, and Alameda Research. BlockFi's bankruptcy exposed significant financial …

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FTX Estate Stakes Massive Amount in Solana Amid Market Fears

October 14, 2023

The FTX estate, managed by a bankruptcy trustee, demonstrated a significant bullish enthusiasm for the Solana network. It staked over 5.5 million SOL tokens worth $122 million. This transaction, which …

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Temporary Removal of MetaMask from Apple's App Store Raises Concerns

October 14, 2023

Ethereum wallet MetaMask was briefly unavailable on Apple's App Store on October 14, prompting concerns over legal challenges with technology giants. MetaMask is reportedly used by more than 30 million …

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Luxury Car Manufacturer Ferrari to Accept Crypto Payments

October 14, 2023

Luxury sports car giant, Ferrari, recently announced that it is incorporating cryptocurrency as a payment method for car purchases in the United States. The decision, driven by a strong market …

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