South Korea Opens Crypto Market to Corporations, But Financial Firms Left Out
South Korea’s financial regulator is making strides in its approach to cryptocurrency by allowing certain organizations and corporations to open bank accounts for crypto transactions, according to latest report. This move, which comes as part of the Financial Services Commission’s (FSC) broader effort to align with global standards, marks...
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XRP Outshines Bitcoin, Ethereum After SEC Acknowledges Grayscale ETF Filing
XRP (CRYPTO: XRP) emerged as one of the biggest large-cap gainers Thursday following the SEC’s acknowledgment of its exchange-traded fund application by Grayscale Investments. What happened: The third-largest cryptocurrency by market capitalization was up over 4% in the last 24 hours, while blue-chip currencies like Bitcoin (CRYPTO: BTC) and...
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Bitcoin Reserve Bill In Texas Removes $500 Million Buying Cap
Texas Senator Charles Schwertner has refiled a strategic Bitcoin reserve bill under the new designation “SB 21,” removing the previous annual purchasing cap of $500 million and paving the way for significantly larger state-level investments in Bitcoin (BTC). The refiled legislation also broadens its reach to include other crypto...
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SEC acknowledges Grayscale’s XRP and DOGE ETF filings
The Securities and Exchange Commission will likely face a mid-October deadline to decide whether Grayscale’s XRP and Dogecoin ETFs get off the ground....
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Gamestop’s Potential Bitcoin Move A ‘Hail Mary,’ Says Peter Schiff —Crypto Themed On Company Rips 440%
Renowned economist Peter Schiff criticized video game retailer GameStop Corp.’s (NYSE:GME) potential move to invest in Bitcoin (CRYPTO: BTC) on Thursday, likening it to a desperate attempt to gain relevance. What Happened: Schiff said the company, which he believed lacked a “viable” business plan, had “thrown another Hail Mary”...
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Wall Street rebel GameStop explores Bitcoin investment amid retail struggles
GameStop’s potential crypto pivot highlights the retail sector’s struggle to adapt, possibly reshaping its business model and market perception. The post Wall Street rebel GameStop explores Bitcoin investment amid retail struggles appeared first on Crypto Briefing....
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Coinbase CEO Brian Armstrong Wants Congress To Bring Clarity On Whether Tokens Are Securities Or Commodities, Wants Stablecoin Regulation To Drive Crypto Investments
Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong underscored the need for comprehensive legislation regarding token classification and stablecoins to drive capital flows into the cryptocurrency market on Thursday. What Happened: During the company’s fourth-quarter 2024 earnings call, Armstrong pinpointed crucial areas that require legislative attention. Firstly, he stressed token classification,...
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Bitcoin MVRV Momentum Has Shifted – Metrics Indicate A Trend Reversal
Bitcoin is now at a critical phase, consolidating between key supply and demand levels as uncertainty dominates the market. Over the past week, the price has ranged between $98K and $94K, leaving traders and investors speculating about the next significant move. Sentiment remains divided, with many leaning toward a...
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Bitcoin, Ethereum, Dogecoin Flat Amid ‘Reciprocal Tariffs’ Talk By Trump: Why This Analyst Said BTC Was In ‘No Man’s Land’
Leading cryptocurrencies traded flat Thursday amid President Donald Trump’s announcement of “reciprocal tariffs” and yet another hotter inflation data. Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) -0.93% $96,702.26 Ethereum (CRYPTO: ETH) -1.78% $2,672.73 Dogecoin (CRYPTO: DOGE) +0.60% $0.2649 What Happened: Bitcoin hit an intraday...
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GameStop rises 18% after hours on reports it’s considering investing in Bitcoin
An unofficial GameStop Solana-based memecoin also saw a huge surge following speculation the retailer is considering adding crypto to its balance sheets....
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