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Ripple Token Faces Downside as Social Sentiment Turns Extremely Negative

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XRP slipped towards the $2 mark on Friday morning as social sentiment around the token sharply deteriorated, with new data from analytics firm Santiment showing the deepest run of bearish commentary since October. The change in public sentiment comes after a two-month decline of around 31%, leaving the token vulnerable to further decline if risk […]

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Faces Record Flow Outflow as BTC Struggles to Reclaim Uptrend

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BlackRock’s flagship Bitcoin ETF is experiencing its largest redemption cycle since its launch, with more than $2.7 billion withdrawn over the past five weeks as institutional flows continue to ease through the end of the year. The iShares Bitcoin Trust (IBIT), which grew into a $71 billion vehicle during Bitcoin’s run to record highs, has

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Shifting to Long-Term Thinking: Crypto Daybook Americas

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By Francisco Rodrigues (All times ET unless otherwise noted) Bitcoin is hovering around $91,300 after falling more than 2.2% in 24 hours, a better performance than the broader crypto market’s 3.2% decline as measured by the CoinDesk 20 Index (CD20). The backdrop is messy. The record U.S. government shutdown has delayed major jobs reports, even

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Small Texas Lender Monet Joins the Field of Crypto-Focused Banks

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Monet Bank, a small Texas community bank owned by a billionaire political supporter of President Donald Trump, has moved into the crypto lender space, billing itself as an “infrastructure bank” focused on digital assets. “Monet strives to become the leading digital asset financial institution, providing innovative and forward-looking solutions for the digital economy,” according to

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Russian banking giant VTB will become the first country to offer spot crypto trading: report

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VTB Bank, Russia’s second-largest lender by assets, plans to begin offering spot cryptocurrency trading to qualified investors next year, becoming the first institution in the country to allow its clients to trade directly and on deliverables for major cryptocurrencies like bitcoin. BTC$89,351.62 and ether ETH$3,025.50according to Russian media RBU. The facility will be offered to

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Michael Saylor (MSTR) Strategy Faces Headwinds, But Will Benefit from Bitcoin Rebound

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Making up for Strategy’s (MSTR) sharp price decline, Cantor Fitzgerald’s Brett Knoblauch cut his 12-month price target for Strategy (MSTR) from $560 to $229, citing a weaker environment for raising bitcoin-related capital. BTC$89,120.84. The new target still suggests an upside of nearly 30% from the current price of $180, with Knoblauch retaining its overweight. Strategy

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European crypto scam network dismantled after $815 million laundered

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A vast crypto-investment fraud network that stole and laundered more than €700 million ($815 million) has been dismantled following coordinated raids across Europe. The criminal group operated a multitude of fake crypto-trading platforms that promised high returns through slick marketing campaigns, Europol announced on Thursday. Victims, lured by “sophisticated” ads, were directed to call centers

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