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2024-01-21 18:41:10 Former SEC Official: Crypto Holds the Key to 2024 US Presidential Election

The U.S. Securities and Exchange Commission’s former head of internet enforcement has explained that crypto holds the key to the 2024 U.S. presidential election. He stressed that every U.S. presidential candidate should immediately appoint an internal Crypto Czar. “The stark reality is that above all else, people have always voted with their wallets,” he emphasized.

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2024-01-21 07:25:56 CFTC files ‘romance scam’ charges on crypto exchange Debiex

The Commodity Futures Trading Commission (CFTC) alleges that the Debiex crypto exchange platform swindled about $2.3 million from customers. Per a CFTC statement, the complaint asserts that certain officers and managers of Debiex reportedly established amicable and “intimate” relationships with prospective customers by disseminating false information to gain trust.

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2024-01-20 22:30:00 El Salvador’s Bitcoin Adoption Drops Significantly: Survey Reveals a 12% Usage Rate in 2023

Among those surveyed, 6.8% see life improvement with Bitcoin adoption in El Salvador, but the majority, 93.2%, remain unconvinced of any positive impact. El Salvador made history by becoming the first nation to embrace Bitcoin as a legal tender more than two years ago. Although the country’s financial outlook has seen positive developments, a recent study carried out by José Simeón Cañas Central American University unveiled a mixed sentiment regarding the correlation between the adoption of Bitcoin and perceived improvements in personal well-being.

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2024-01-20 10:56:10 Grayscale CEO’s warning: Only two or three spot Bitcoin ETFs are here to stay

Most of the spot Bitcoin exchange-traded funds (ETF) approved by the United States Securities and Exchange Commission (SEC) won’t survive, Grayscale Investment CEO Michael Sonnenshein says. In a Jan. 18 interview with CNBC at the World Economic Forum in Davos, Switzerland, Sonnenshein predicted that the majority of the 11 approved spot Bitcoin ETFs will likely fail.

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2024-01-19 21:06:16 BREAKING: Grayscale has already sold of 52,000 bitcoin

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2024-01-19 09:20:00 Grayscale could see up to $10 billion leave its Bitcoin ETF, says JPMorgan

Spot Bitcoin exchange-traded funds in the US have clocked up big volumes in the first week of trading, yet Bitcoin has fallen 11%. JPMorgan blames investors ditching Grayscale’s ETF. Grayscale’s spot Bitcoin ETF, GBTC, has seen over $1.5 billion in outflows since January 11. The exodus has acted as an “additional drag for crypto markets,” JPMorgan analysts led by Nikolaos Panigirtzoglou said in a report shared with DL News on Thursday.

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2024-01-18 21:03:00 Conflux to launch Bitcoin L2, testnet expected by March

According to Conflux, users can move Bitcoin (BTC) and inscription-powered assets between its blockchain and Bitcoin’s ecosystem. The new L2 network will run atop the main Conflux chain and use BTC for gas fees while supporting Ethereum-based smart contracts via the Ethereum Virtual Machine (EVM) standard.

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2024-01-18 17:46:05 Cathie Wood’s Ark Invest Sells ProShares Strategy ETF (BITO) To Buy ARKB Spot Bitcoin ETF

Asset management firm Ark Invest founded by Cathie Wood has offloaded holdings in ProShares Bitcoin Strategy ETF (BITO). The move comes as Ark Invest looks to increase its holdings in the Ark 21Shares Spot Bitcoin ETF (ARKB) from funds earlier parked in the ProShares Bitcoin Strategy ETF, strategically readjusting in response to evolving market conditions.

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2024-01-18 08:00:00 Cantor CEO confirms Tether holds $86B in reserve to back its stablecoin USDT

Cantor Fitzgerald CEO Howard Lutnick told reporters that USDT issuer Tether does, in fact, have the billions of dollars it needs to meet the 1 to 1 reserve requirements for its stablecoin.

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