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BTC jumps as oil prices fall and XRP and ETH lag behind. And then?

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Bitcoin BTC$70,584.30 and the broader crypto market saw a notable price rebound on Friday after major economies announced joint efforts to increase oil supplies across the now-disrupted Strait of Hormuz. BTC, the largest cryptocurrency, surged to $70,800, up more than 1% on the day, extending its recovery from an overnight low below $68,900, according to […]

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Morgan Stanley Sets MSBT Ticker and $1M Seed Capital for BTC ETF

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Morgan Stanley wants its planned bitcoin spot BTC$70,794.96 The ETF will trade under the ticker MSBT upon launch. The investment bank disclosed the ticker in its latest filing with the U.S. Securities and Exchange Commission (SEC), amending its January filing for the fund. The filing also revealed key details about the fund, including a 10,000-share

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Bitcoin’s quantum threat is real, but far from an existential crisis, says Galaxy

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Fears that quantum computing could one day break Bitcoin’s cryptography have sparked heated debate in the crypto industry. But according to Alex Thorn, head of research at Galaxy Digital (GLXY), the idea that Bitcoin is unprepared or that investors should avoid exposure because of it is overstated. The risk itself is not imaginary. A sufficiently

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Crypto.com lays off 12% of staff as CEO warns companies must act quickly on AI

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Singapore-based crypto exchange Crypto.com is cutting about 12% of its workforce, or about 180 employees, as it relies on AI-driven efficiency, joining a growing wave of companies that are reducing teams while betting on automation. “We are joining the list of companies integrating AI enterprise-wide,” a Crypto.com spokesperson told CoinDesk. “As we continue to prioritize

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Rewards Loophole Could Protect Coinbase From Impending DC Ban on Stable Interest Payments

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If lawmakers end up banning stablecoin rewards under the CLARITY bill, Coinbase (COIN) could lose a tool it uses to incentivize users to hold digital dollars on its platform — although analysts say the impact on the exchange’s business could be limited. As lawmakers debate the future of stablecoin regulation in Washington, one unresolved question

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Evernorth Unveils 473 Million XRP Cash, DeFi-Focused Fund Monetization Strategy

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Evernorth Holdings, an XRP treasury company going public in a SPAC merger, revealed in a new S-4 filing that it and Pathfinder Digital Assets held approximately 473.1 million The document also gives investors a clearer overview of how this position was constructed. Evernorth said it used $214.1 million in cash to acquire 84.4 million XRP,

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ECB seeks experts to connect digital euro to ATMs and bank card terminals

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The European Central Bank (ECB) said it was looking for experts to help it draft rules for how a digital euro would work in everyday payments, ahead of legislation approving a central bank digital currency (CBDC) and a decision by the bank’s board to issue one. The ECB has opened applications for experts to help

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Appeals court allows Nevada to temporarily ban Kalshi prediction market

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Prediction market provider Kalshi could be hit with a temporary restraining order from the state of Nevada after a federal appeals court declined to block such a request Thursday. The Nevada Gaming Control Board sent Kalshi a cease and desist order in March 2025, ordering him to stop offering sports-related prediction market contracts. However, Kalshi

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