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Bitcoin Rises, Crypto Market Capitalization Joins Pushed to Highest Position Since June 2022

The total market cap for all cryptocurrencies has climbed to its highest level since June, helped by bitcoin (BTC)’s massive 70 percent gain since starting the year. The increase in overall cryptocurrency capitalization stands out because it coincides with the industry facing one of the strongest crackdowns in its history, namely from dismal regulatory prospects. […]

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Bitcoin fell below $27,000 after the CFTC filed a lawsuit against Binance

BTC fell to its lowest level since March 17 after the company sued the crypto exchange for alleged violations. The price of Binance coin (BNB) fell by 5%. Bitcoin (BTC) fell below $27,000 after the US Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance and its founder Changpeng Zhao over allegations that the […]

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Bitcoin fell below $27,000 as the Federal Reserve, Powell continued to focus on inflation

The central bank met many expectations in its decision to raise interest rates by 25 basis points. Other crypto majors are in the red Bitcoin (BTC) fell below $27,000 after the US Federal Open Market Committee (FOMC) did what was expected on Wednesday, raising interest rates again, this time by a quarter.The decision reinforces the […]

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Fed Chair Powell on Crypto: We See Turmoil, Fraud, Lack of Transparency, Run Risk

Federal Reserve Chairman Jerome Powell has outlined several risks related to crypto activities during a hearing before the Senate Committee on Banking, Housing, and Urban Affairs. While stating that the Fed sees turmoil, fraud, a lack of transparency, and run risk in the crypto space, he stressed: “We don’t want regulation to stifle innovation.” Fed Chairman […]