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Crypto bill reaches milestone in US Senate as lawmakers mull changes to how to vote

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The U.S. Senate Agriculture Committee is holding its first hearing on crypto market structure legislation, giving lawmakers a chance to debate and vote on amendments and potentially advance the legislation itself. Thursday’s hearing will see lawmakers propose amendments to the underlying text, which the committee released last week. As senators worked on bipartisan legislation, committee […]

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Russia is considering capping retail cryptocurrency purchases at $4,000 as it brings digital assets into the legal fold.

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The head of the lower house of the Russian parliament said on Thursday that crypto market regulations will be ready by June this year and will come into force on July 1, 2027. Anatoly Aksakov, chairman of the State Duma Committee on Financial Markets, said that both qualified and non-qualified investors will be allowed to

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BTC is not gold, and it also falls short in payments: Crypto Daybook Americas

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By Omkar Godbole (All times ET unless otherwise noted) They said bitcoin had dual appeal: first, as a gold-like digital token with a supply capped at 21 million, and second, as a decentralized technology that allows anyone to move money seamlessly, without intermediaries. For now, it is failing to hold up as a store of

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Gold in ‘Extreme Greed’ Feeling as It Adds Entire Bitcoin Market Cap in One Day

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The race for gold is starting to look less like a constant trend and more like a mass event. The yellow metal surpassed $5,500 an ounce on Wednesday evening, and at that rate, its notional value increased by about $1.6 trillion in a single day, roughly the size of bitcoin’s entire market capitalization. It’s a

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Biggest tokens decline, derivatives signal caution ahead

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Bulls took a breather over the past 24 hours as risk aversion swept global markets, pushing Bitcoin BTC$87,920.35 back to around $88,000. Although the Federal Reserve’s decision to keep interest rates steady between 3.5% and 3.75% was widely expected, growing geopolitical tensions and the rotation toward safe-haven assets have left crypto traders facing a sea

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Metaplanet (3350) raises $137 million to pay off debt and buy even more bitcoin

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Metaplanet set to raise up to 21 billion yen ($137 million) to fuel its aggressive Bitcoin BTC$87,699.34 buying spree and paying off debt. The Tokyo-based company will generate the funds through the sale of new shares and share warrants to a select group of investors. Metaplanet will issue 24.53 million new common shares at a

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More than half of the supply invested in BTC has a base cost above $88,000

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An onchain indicator suggests that most bitcoins BTC$87,887.30 Investors are currently under pressure, with 63% of all wealth invested in the largest cryptocurrency having a cost basis above $88,000, according to Checkonchain data. This means that the majority of capital entered the market at a higher price than BTC is trading at today. Invested wealth

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Bybit Adds Bank Accounts to Its Crypto Platform Ahead of US Expansion: Bloomberg

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Bybit, one of the world’s largest crypto exchanges, is planning to enter the crypto neobank business with a new product that allows customers to hold and move fiat currencies like the US Dollar and Euro. The “MyBank” service will go live in February, subject to regulatory approval, and will allow users to send and receive

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A Weaker Dollar Fails to Boost BTC Price Rise, Here’s JPMorgan’s Reason

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Dollar Weakness Fails to Boost Bitcoin BTC$87,957.44 usual rally, and JP Morgan Private Bank explains this unexpected behavior as a window into the nature of the decline of the American currency. The Dollar Index (DXY), which measures the greenback against a basket of its peers, has fallen 10% over the past year. Bitcoin, which historically

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