Min Lin, Latam regional vice president at Binance, referred to the intention of the institution to become regulated in Argentina after a specific law to license crypto brokers is approved. Lin stated the exchange is talking with regulators to introduce innovation in regulatory frameworks and prioritize user protection. Binance to Seek Regulatory Compliance in Argentina…
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Bitcoin ETF hype fails to shake bearish $20K BTC price targets
Bitcoin may have hit 17-month highs, but the ETF launch could end up being a “sell the news event” and engender fresh BTC price downside, one theory argues. Bitcoin (BTC) marched to 17-month highs on Oct. 24 as exchange-traded fund (ETF) excitement boosted already bullish BTC price action. BTC/USD 1-day chart. Source: TradingView Bitcoin ETF…
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Friend.Tech User Dumps Keys Worth $1.5M, Switches to Bitcoin dApp
Newer opportunities have stalled Friend.Tech’s initial growth wave, and applications such as New Bitcoin City are quickly emerging as one of the biggest bets.
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God Candle Coming For XRP Price? Crypto Analyst Reveals His Target
The XRP price has experienced a strong upswing along with the entire crypto market in the past few hours. XRP has temporarily risen by more than 5%, approaching a crucial resistance zone that if broken could trigger a strong and impulsive “god candle”. Renowned crypto analyst Egrag unveiled his latest technical analysis on XRP’s price…
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Standard Chartered, Deutsche Complete First Stablecoin Swaps on UDPN Blockchain
SC Ventures, Standard Chartered Bank’s VC arm, and German banking giant Deutsche Bank have executed the first stablecoin swaps on the Universal Digital Payments Network (UDPN), per a report published Monday. UDPN is a blockchain-based messaging system supporting government-regulated digital currency systems and central bank digital currencies (CBDC)…. Read More: Standard Chartered, Deutsche Complete First…
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Egypt Becomes First MENA Country to Issue Chinese Yuan-Denominated Bonds
Eygpt has reportedly become the first Middle East North Africa (MENA) region country to issue so-called “panda bonds” after it issued Chinese yuan denominated bonds worth $479 million. Issuing panda bonds marks another step in Egypt’s attempts to move away from costly dollar denominated loans. Egypt’s Worsening Debt Affordability Egypt, one of Africa’s heavily indebted…
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Sam Bankman-Fried seeks expert to counter testimony from DOJ witnesses
Former FTX CEO Sam Bankman-Fried intends to call on a financial expert to rebuff testimonies from Caroline Ellison, Gary Wang, Nishad Singh and Adam Yedidia. Sam Bankman-Fried’s lawyers are planning to put forward an expert witness to counter testimony from former Alameda Research CEO Caroline Ellison and other witnesses about the extent of financial ties…
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Coinbase hoses down rumors of weekly withdrawal limits on Bitcoin
Coinbase has denounced rumors of it imposing Bitcoin withdrawal limits circulating on social media as inaccurate. Crypto exchange Coinbase has refuted rumors that it had imposed a $5,000-per-week limit on Bitcoin (BTC) withdrawals after a user’s post claiming as such gained traction on social media. An Oct. 24 post from a user on X (formerly…
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Bitcoin in ‘Anti-Gravity’ Phase as ETF Approval Nears Finish Line
As bitcoin pushes 12% during Asia trading, there are parallels to the first Gold ETF and beyond, industry stakeholders and analysts said.
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Bitcoin Bears Lose $178M as Prices Break Past $34K
Traders on crypto exchanges Binance, Huobi and OKX were hit for $50 million each, suggesting a large amount of leverage used on those platforms.
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