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The US government is reportedly the largest holder of Bitcoin, holding over 2,05,000 BTC as of March 27. This is due to the seizure of Bitcoin maintained by individuals connected to the…
Seattle-based cryptocurrency exchange Bittrex has announced that it will close down its operations in the US. The exchange’s CEO, Richie Lai, cited an uncertain regulatory environment as the reason behind the move.…
Elon Musk and his legal team have requested a US judge to dismiss a $258 billion lawsuit filed by investors who accused him of operating a pyramid scheme to promote Dogecoin. The…
Binance.US, the United States-based arm of Binance, has temporarily suspended some of its services. The cryptocurrency exchange has disabled the use of Binance USD stablecoin pairs via the One Common Billing System…
Michael Burry, known for his role in the financial crisis of 2008 and inspiration for the movie “The Big Short,” recently tweeted that he was “wrong to say sell.” This tweet referenced…
Cryptocurrency exchange OKX has opened an office in Hong Kong and intends to apply for virtual asset licenses to offer digital asset services in the city. OKX plans to apply for the…
MicroStrategy, a business intelligence firm, has acquired 6455 BTC for around $150 million, according to the firm’s founder and CEO, Michael Saylor. The BTC was purchased at an average price of $23,238…
The United States Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Binance and its CEO Changpeng Zhao for alleged trading violations. According to a Bloomberg report, the lawsuit was filed…
Coinbase, a well-known cryptocurrency exchange, is exploring the possibility of launching “flatcoins” on its Base network. The exchange revealed that “flatcoins” are essential and are among three other “critical innovations” that are…
American venture capitalist and entrepreneur Tim Draper has advised business founders to keep at least two payrolls’ worth of cash in Bitcoin or alternative cryptocurrencies, in response to the uncertainty created by…
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