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Bitcoin's price has retreated to $90,000 after an unsuccessful rally attempt early Friday. The cryptocurrency had briefly surged above this level but faced resistance, leading to a pullback. Market analysts suggest that the volatility is influenced by broader economic factors and investor sentiment. Despite the recent decline,
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Senate Republicans are pushing forward with a vote on a cryptocurrency regulation bill, but its passage remains uncertain due to a lack of support from Democrats. The proposed legislation aims to establish a framework for digital asset oversight and address concerns related to investor protection and market stability. While some
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Insiders report that DeepSeek V4, a new AI coding tool, is set to outperform existing models like Claude and ChatGPT. The launch is expected to occur within the next few weeks. DeepSeek V4 is designed to enhance coding efficiency and accuracy, potentially revolutionizing how developers approach programming tasks. The anticipation
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Colombia is moving forward with new tax regulations for cryptocurrencies, aligning with global reporting standards being developed by the OECD. The Colombian government aims to enhance transparency and compliance in the crypto sector, requiring individuals and businesses to report their digital asset holdings. This initiative is part of a broader
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Nasdaq and CME Group have partnered to launch the Nasdaq-CME Crypto Index, aimed at providing a comprehensive benchmark for the cryptocurrency market. This index will track the performance of a diversified basket of cryptocurrencies, enhancing transparency and accessibility for investors. The collaboration is expected to attract institutional interest and facilitate
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Bitcoin is currently testing a crucial support level as market bulls aim to reset their positions in anticipation of a futures-led rally. Analysts suggest that if Bitcoin can maintain this support, it could pave the way for a significant price increase, potentially reaching $101.5K. The market sentiment is cautiously
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The UK's Financial Conduct Authority (FCA) has announced that all registered crypto companies must reapply for approval to continue operating in the country. This decision comes as part of the FCA's efforts to enhance regulatory oversight and ensure compliance with anti-money laundering and counter-terrorism financing regulations.
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Ethereum co-founder Vitalik Buterin has expressed support for a convicted developer, highlighting the importance of privacy in the cryptocurrency space. He argues that privacy is a fundamental protection for individuals, especially in light of increasing regulatory scrutiny. Buterin's comments come amid ongoing debates about the balance between transparency
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Tether has reportedly invested up to $50 million in the cryptocurrency lender Ledn, which is valued at $500 million. This investment aligns with Tether's strategy to diversify its portfolio and support the growth of the crypto lending sector. Ledn offers services such as Bitcoin-backed loans and interest accounts,
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BNY Mellon has launched tokenized deposits aimed at institutional clients and "digital natives," allowing for seamless integration of traditional banking with digital assets. The new offering enables clients to hold deposits in a digital format, enhancing liquidity and efficiency in transactions. This move positions BNY Mellon as a
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Andreessen Horowitz, a prominent venture capital firm, has raised $15 billion to invest in technology and cryptocurrency startups, aiming to bolster America's competitive edge in the tech sector. The fund will focus on various areas, including blockchain technology, artificial intelligence, and other emerging innovations. This significant capital injection
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Crypto exchange OKX has announced a reduction in its institutional staff as part of a global restructuring effort. This decision comes amid ongoing challenges in the cryptocurrency market and aims to streamline operations. The company is focusing on enhancing its core business and adapting to changing market conditions. OKX has