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The Senate Agriculture Committee has rescheduled its hearing on a proposed cryptocurrency bill to January 27. This hearing aims to address regulatory frameworks for digital assets and their impact on the agricultural sector. The delay allows for further discussion and input from stakeholders in the crypto industry. The bill is
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Bitcoin options open interest has surpassed that of futures contracts, indicating a shift in market dynamics and potentially leading to reduced volatility for BTC. This trend suggests that traders are increasingly favoring options for hedging and speculation rather than traditional futures. The growing dominance of options may contribute to a
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Bitcoin experienced a 2% increase, reaching $93,500, following the release of inflation data that heightened expectations for additional interest rate cuts. The positive market reaction reflects investor sentiment that lower rates could boost demand for cryptocurrencies. Analysts suggest that the inflation figures may influence the Federal Reserve's
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JPMorgan's CFO expressed concerns that the growing use of stablecoins could create a "parallel banking system" that operates outside traditional financial regulations. He highlighted the potential risks associated with stablecoins, particularly regarding their yield generation, which could attract investors away from conventional banking products. The CFO
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Bitcoin surged to $92,500 following the release of U.S. consumer price data for December, which showed a 0.3% increase. This rise in inflation data has heightened interest in Bitcoin as a hedge against inflation. Market analysts suggest that the spike may also be influenced by broader economic
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The CoinDesk 20 Performance Update highlights a 7.4% gain for Internet Computer (ICP) in recent trading. This increase reflects a positive trend for ICP, contributing to its overall market performance. The article provides insights into the factors driving this growth and compares ICP's performance with other cryptocurrencies
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Crypto data platform CoinGecko is reportedly considering a sale, with potential offers around $500 million. The company has engaged in discussions with various investment banks to explore its options. CoinGecko, known for providing cryptocurrency market data and analytics, has seen significant growth in the crypto space. The move comes amid
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Venice AI is a privacy-focused chatbot designed to prioritize user data protection while providing conversational AI services. It employs advanced encryption techniques to ensure that user interactions remain confidential and secure. Unlike many mainstream chatbots, Venice AI does not store personal data, aiming to create a more trustworthy environment for
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JPMorgan analysts predict that the Federal Reserve will implement an interest-rate increase in its upcoming meetings, contrary to the expectations of some crypto investors who are hoping for rate cuts. The bank's outlook is based on current economic indicators and inflation trends. Meanwhile, crypto bulls argue that a
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Ukraine has blocked the online prediction market platform Polymarket as part of a broader crackdown on online gambling activities in the country. The government is intensifying its efforts to regulate the gambling sector, which includes both traditional and digital platforms. This move follows the introduction of new laws aimed at
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Michael Saylor's preferred stock "Stretch" at Strategy is gaining attention as it approaches a pivotal moment akin to the "iPhone moment" in technology. The stock is designed to provide investors with exposure to Bitcoin while offering a unique structure that appeals to both traditional
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Eric Adams, the former mayor of New York City, is facing allegations of a $3 million rug pull related to the issuance of the NYC Token. The token was launched as part of a promotional initiative to boost the city's cryptocurrency profile. However, investors have raised concerns about