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Daily Crypto Signals: Bitcoin ETFs See Strongest Inflows in Month, Solana Struggles Against Rival Chains
This week saw significant changes in the cryptocurrency market due to divergent performance among major digital assets and the emergence of regulatory tailwinds. A formal pathway for both insured and uninsured state member banks to pursue innovative activities, including cryptocurrency services, provided risk-management standards are met, was established in place of the Federal Reserve’s 2023 guidance, which had restricted crypto engagement by Fed-supervised banks. The central bank justified the policy change by pointing to an advanced financial system and a better comprehension of novel products. However, the ... (full story)
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