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Crypto

The latest published reporting in this category.

Crypto

Bitcoin ETFs See $1.3 Billion Weekly Outflows, Largest Since June

U.S. spot Bitcoin ETFs (exchange-traded funds) recorded $1.28 billion in net outflows last week, marking their largest weekly withdrawals since late June. The heavy redemptions pushed year-to-date net outflows for the funds to approximately $919 million, according to data. This followed $515 million in net outflows during October, extending a period of sustained investor caution. […]

Bitcoinist
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Crypto

BlackRock: Security Fears Are Driving Bitcoin Whales Into IBIT

Bitcoin Magazine BlackRock: Security Fears Are Driving Bitcoin Whales Into IBIT BlackRock's Robbie Mitchnick told Barron's demand to swap directly held bitcoin for IBIT shares is at its highest yet, with "security and peace of mind" the top reason as kidnappings and hacks rise. This post BlackRock: Security Fears Are Driving Bitcoin Whales Into IBIT first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine
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Crypto

Coinbase Secures OCC Approval for National Trust Charter

Coinbase secures OCC unconditional approval from the Office of the Comptroller of the Currency (OCC) to operate under a federal national trust bank charter, the company announced Monday. The decision marks a significant regulatory milestone for the largest U.S. cryptocurrency exchange and custodian. It allows Coinbase to shift from a patchwork of state licenses to […]

Bitcoinist
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Crypto

Binance to Close Accounts in Four EU Countries Dec. 31, Charging Idle Balances From Nov. 29

Bitcoin Magazine Binance to Close Accounts in Four EU Countries Dec. 31, Charging Idle Balances From Nov. 29 Binance told users in France, Spain, Italy and Poland to withdraw their crypto, with deposits blocked, accounts closing Dec. 31 and a monthly fee starting Nov. 29, as the exchange still lacks an EU license. This post Binance to Close Accounts in Four EU Countries Dec. 31, Charging Idle Balances From Nov. 29 first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine
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Crypto

U.S. Regulators Drop $250 Travel Rule Plan, Crypto Language Too

Bitcoin Magazine U.S. Regulators Drop $250 Travel Rule Plan, Crypto Language Too FinCEN and the Federal Reserve formally withdrew a 2020 proposal that would have cut the cross-border funds-transfer threshold from $3,000 to $250 and spelled out that the rules cover crypto, saying any future version needs a fresh comment period. This post U.S. Regulators Drop $250 Travel Rule Plan, Crypto Language Too first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine
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Crypto

Pi Network Price Prediction as PI Crashes 13% to Record Low – Is Recovery Possible?

Pi Network (PI) price had registered an intraday drop of 13.99% at the time of writing. The price had earlier touched an all-time low of $0.0625 amid strengthening bearish sentiment across the broader crypto market. The falling price comes ahead of the first ever PI ecosystem summit next week, with speculation now rising whether this The post Pi Network Price Prediction as PI Crashes 13% to Record Low – Is Recovery Possible? appeared first on CoinGape.

CoinGape
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Crypto

BitMine Adds 9,587 ETH as Total Ethereum Holdings Reach 6.07 Million Tokens

BitMine Immersion Technologies has increased its Ethereum treasury after acquiring another 9,587 ETH during the past week. The purchase raised its holdings to 6.07 million tokens, bringing the company closer to its 5% supply target. Ad Ad BitMine Moves Closer to Controlling 5% of Ethereum According to BitMine’s November 9 statement, its combined crypto assets, The post BitMine Adds 9,587 ETH as Total Ethereum Holdings Reach 6.07 Million Tokens appeared first on CoinGape.

CoinGape
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