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Crypto

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Crypto

North Korea Is Minting Its Own Meme Coins to Launder Binance Hack Loot

Bitcoin Magazine North Korea Is Minting Its Own Meme Coins to Launder Binance Hack Loot Elliptic says North Korean launderers created six throwaway meme tokens on NEAR between Nov. 5 and 7, moving about $430,000 of stolen Binance funds through homemade liquidity pools. This post North Korea Is Minting Its Own Meme Coins to Launder Binance Hack Loot first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Crypto

Bitcoin Price Prediction: Will BTC Recover If US Inflation Keeps Rate Hike Bets Alive?

Bitcoin price traded below $75,000 on Monday, November 9, as investors prepared for another inflation test. The cryptocurrency lost more than 4% last week, extending its decline for a fifth consecutive week. Ethereum held above $2,100, while XRP price approached $1 as weakness spread across major digital assets. Strong employment figures and heavy fund withdrawals The post Bitcoin Price Prediction: Will BTC Recover If US Inflation Keeps Rate Hike Bets Alive? appeared first on CoinGape.

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Crypto

TD Cowen Gives Stablecoin Yield Ban 10% Odds as Banks Plan Push in Democrat-Led Congress

Bitcoin Magazine TD Cowen Gives Stablecoin Yield Ban 10% Odds as Banks Plan Push in Democrat-Led Congress TD Cowen's Jaret Seiberg puts only a 10% chance on a congressional ban on platform stablecoin yield over the next two years, even as banks renew their push after Democratic midterm wins. This post TD Cowen Gives Stablecoin Yield Ban 10% Odds as Banks Plan Push in Democrat-Led Congress first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine
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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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