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The ongoing debate surrounding the banking access of cryptocurrency businesses has reached a decisive moment, as Rep. French Hill has announced intentions to deepen inquiry into the regulatory atmosphere that allegedly seeks to sever these firms from crucial financial services. This mission mirrors concerns voiced by notable industry stakeholders, underscoring the mounting unease about the
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As of the latest market observations, Bitcoin (BTC) is demonstrating a consolidated behavior near the $95,000 mark, having faced a tumultuous period recently. This price point signifies a crucial battleground for bulls and bears alike as traders scrutinize the asset’s movements with cautious optimism. For Bitcoin to engage in a meaningful uptrend, it must successfully
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Woori Technology, a prominent venture capital firm in South Korea, is contemplating the divestment of its stake in Dunamu, the operator of the widely-used Upbit cryptocurrency exchange. As the leading crypto trading platform within South Korea, Upbit has become a focal point for both local traders and international investors. Woori’s financial involvement spans back to
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In recent discussions around cryptocurrency, Bitcoin often stands as a central figure due to its unparalleled market influence. Charles Edwards, the mind behind Capriole Investments, recently shared insights during an episode of The Milk Road Show, where he laid out both optimistic projections and cautious considerations regarding Bitcoin’s trajectory. As Bitcoin moves closer to the
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The potential appointment of Paul Atkins as the next chair of the Securities and Exchange Commission (SEC) under President-elect Donald Trump has sparked much speculation and debate. While Atkins has been touted as a frontrunner for this significant position, recent reports indicate that he harbors reservations about taking on such a challenging role. The underlying
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In a bold pivot to enhance its presence in the burgeoning digital asset market, Grayscale Investments has taken a significant step by submitting a proposal to the US Securities and Exchange Commission (SEC) aimed at converting its Grayscale Solana Trust into a spot exchange-traded fund (ETF). This strategic maneuver, if sanctioned, would enable the new