Crypto News
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Today, in light of intensified terrorist activity in the Middle East, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an Advisory to assist financial institutions in detecting potentially illicit transactions related to Islamic Republic of Iran-backed terrorist organizations. The Advisory highlights the means by ...
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An American cryptocurrency entrepreneur locked in a legal dispute with the CEO of the collapsed crypto fund HyperVerse has been detained in Dubai and alleges police have tortured him into signing a false confession, the Guardian can reveal. Edel Hsieh, 43, from California, was first arrested in March at Dubai’s airport while attempting to fly to London. ...
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Bitcoin (BTC) remains a hot topic of discussion with growing institutional interest and multiple spot BTC ETFs approved, allowing traditional investment firms to offer Bitcoin to their clients. Users own Bitcoin or obtain exposure to this asset class in multiple ways, from investing in ETFs to holding them via centralized exchanges or exploring self-custody ...
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Today, the U.S. House of Representatives passed Representative Mike Flood’s (NE-01) bipartisan H.J.Res. 109, “Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to ‘Staff Accounting Bulletin No. 121.’” H.J.Res. 109 overturns the SEC’s SAB 121 under ...
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The launch of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. was predicted to usher in a new era of institutional adoption for cryptocurrencies and send Bitcoin’s price soaring above $100,000, but thus far, the price rally has stalled below $70,000 as institutions have been slow to start making allocations. That could soon change, however, as ...
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Bitcoin is witnessing a see-saw battle between the bulls and the bears. After receiving more than $595 million in inflows into the spot Bitcoin exchange-traded funds on May 3 and May 6, the tide turned on May 7 with an outflow of $15.7 million, according to Farside Investors data. Irrespective of the short-term uncertainty, crypto bull Anthony Pompliano ...
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The market’s continued focus on information suggesting a shift toward a more accommodative monetary policy, paired with its tendency to overreact to any hint of such easing, ...
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At the Monetary Policy Meeting (MPM) held on March 18 and 19, 2024, the Bank of Japan changed its monetary policy framework, judging that it was now within sight that the price ...
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Mixed bag today: • Macro (ugly wholesale sales print, implied gasoline demand at decade-lows ex-COVID, GDPNOW up at 4.18%?). • Micro (TRIP exposed as M&A premium evaporates ...
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Today, the U.S. House of Representatives passed Representative Mike Flood’s (NE-01) bipartisan H.J.Res. 109, “Providing for congressional disapproval under chapter 8 of title 5, ...
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Wednesday saw another day of volatile consolidation for the crypto market as Bitcoin (BTC) fell under pressure early in the trading session and saw intense grappling between bulls and bears near support at $62,000 in the afternoon. Stocks also trended lower at the market open and struggled to climb back into the green, with the day ending mixed for the ...
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Bitcoin is witnessing a see-saw battle between the bulls and the bears. After receiving more than $595 million in inflows into the spot Bitcoin exchange-traded funds on May 3 and May 6, the tide turned on May 7 with an outflow of $15.7 million, according to Farside Investors data. Irrespective of the short-term uncertainty, crypto bull Anthony Pompliano ...
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US neobroker Robinhood Markets, Inc. (NASDAQ:HOOD) is seeing its shares rise by 7% in aftermarket trading on Wednesday, after the company reported fairly upbeat results for the first quarter of 2024. Robinhood reported record quarterly revenues of $618 million in Q1-2024, up 40% year-over-year. The company also saw record GAAP Diluted EPS of $0.18 per ...