Tag: Crypto

What Crashed the Crypto Market on November 4 and Should You Worry?

The broader economic perspective shows few signs to worry and it certainly couldn’t predict what transpired in the cryptocurrency markets at the start of the current business week. Bitcoin traded at $111,000 on Sunday evening, ETH was above $3,900, XRP was at $2.60, and so on. What followed, though,...
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Canada plans to regulate stablecoins in 2025 federal budget

Canada’s stablecoin regulation could enhance crypto legitimacy and boost cross-border use, aligning with global standards and fostering innovation. The post Canada plans to regulate stablecoins in 2025 federal budget appeared first on Crypto Briefing....
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Pi Network Marks Significant Milestone as PI Token Defends the $0.2 Level

One of the news channels dedicated to covering developments regarding the popular yet controversial crypto project informed about the latest milestone, which puts Pi Network above behemoths like Coinbase, OKX, and Crypto.com. At the same time, the native token is trying to reemerge following yesterday’s market-wide calamity that drove...
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MARA CEO Fred Thiel Notes Bitcoin Mining Gets Little Love From Investors, But Hopes Energy, AI Ventures Will Draw ‘More Attention’

MARA Holdings Inc. (NASDAQ:MARA) CEO Fred Thiel addressed concerns on Tuesday about the perceived undervaluation of the company’s stock in the Bitcoin (CRYPTO: BTC) mining sector. MARA Execs Optimistic About Power, AI Segments During the firm’s third-quarter earnings call, Thiel admitted that investors “don’t put a lot of value’ on...
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U-Turn By FTX: Withdraws Proposal Potentially Impacting Customer Claims Worldwide

The bankruptcy estate of the now-defunct cryptocurrency exchange FTX has decided to withdraw its motion aimed at limiting creditor distributions to certain “potentially restricted foreign jurisdictions.” This decision follows substantial pushback from creditors and a wave of objections filed in bankruptcy court.  FTX Trust Abandons Controversial Plan The FTX...
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Cardano Founder Slams ‘Clickbait’ Reports He Blamed ADA Users

Charles Hoskinson issued a rebuttal on November 3, rejecting circulating headlines that claimed he blamed Cardano’s users for the network’s decentralized finance shortfall. In a brief video, the Cardano founder said media outlets misrepresented his prior comments about participation patterns across the ecosystem, stressing that his point was a...
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