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US government transfers $606,000 in bitcoin linked to 2016 Bitfinex hack to Coinbase

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The US government is once again active on the blockchain, moving around $606,000 worth of bitcoins. BTC$74,697.56 at Coinbase Prime. These are not just any coins. On-chain data suggests that the 8 BTC transferred are linked to Ilya Lichtenstein, the man behind the decade-old hack of the OG exchange Bitfinex, according to data tracked by […]

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XRP leads bitcoin and ether on weekly gains, but muted volume keeps breakout in check

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XRP is quietly outperforming the market, but it still hasn’t done enough to break out. The upward movement appears steady rather than aggressive, indicating accumulation, but without stronger volume it is not yet a convincing change. News context • XRP is the weekly best performer among major cryptocurrencies, gaining around 6.4% and outperforming Bitcoin, Ethereum

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Bitcoin Tops $74,900 as S&P 500 Hits Record, But Options Market Not Buying Peace Trade

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Bitcoin soared to $74,935 on Thursday, up 0.7% over 24 hours and 5.4% over the week, as U.S. stocks closed at record highs following reports that the United States and Iran had reached an agreement “in principle” to extend negotiations beyond the ceasefire expiration on April 7 next week. The S&P 500 finished up 0.8%

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JPMorgan says CLARITY close to deal as stablecoin fight enters final phase

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Momentum is building in Washington for the much-anticipated CLARITY Act, with JPMorgan (JPM) pointing to signs that negotiations may be close to fruition. JPMorgan said discussions between lawmakers and regulators suggest the legislation is close to being finalized, with only a small number of issues still unresolved in a report released Wednesday. A senior policymaker

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Circle CEO says China could launch yuan stablecoin within 3-5 years as currency race heats up

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Circle CEO Jeremy Allaire told Reuters in Hong Kong that there is a “tremendous opportunity” for a yuan-backed stablecoin, predicting that China could roll one out within three to five years as digital currencies become more integrated into global trade and finance. The framework marks a shift from a speculative idea to something closer to

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Morgan Stanley uses 0.14% fee to withdraw $100 million in first week

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Morgan Stanley’s (MS) spot Bitcoin exchange-traded fund (ETF), trading under the ticker MSBT, attracted more than $100 million in inflows in its first week on the market, signaling strong early demand for the bank’s latest push into digital assets. The fund, which began trading on April 8, tracks the CoinDesk Bitcoin Benchmark settlement rate as

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Wall Street tech comes to crypto as DoubleZero rolls out high-speed data for blockchain

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The DoubleZero Foundation, a project to build high-speed data infrastructure for blockchains like Solana, has rolled out a new platform to accelerate how trading companies access crypto market data – a sign of growing demand for Wall Street-style systems in digital asset markets. The project, called DoubleZero Edge, launched on Thursday. Its first offering is

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FCA publishes finalized rules on cryptoassets which include several technical pitfalls to watch out for

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The UK’s Financial Conduct Authority (FCA) is proposing crypto rules that could quietly expand the definition of custody, and potentially hit platforms and software providers that don’t consider themselves custodians. The FCA published its guidance on the scope of cryptoassets on Wednesday, which includes some technical pitfalls for firms managing clients’ crypto assets. The rules

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US CFTC’s Selig says AI helped offset staff cuts at top crypto watchdog

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The U.S. Commodity Futures Trading Commission is relying on artificial intelligence and automation as it faces massive new oversight responsibilities, according to congressional testimony from Chairman Mike Selig, even as his agency’s workforce has shrunk significantly under President Donald Trump’s administration. About a quarter of the CFTC’s staff has left their positions since 2025, following

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