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Bank of England deputy governor Sarah Breeden has backed the central bank’s proposed rules for stablecoins, some of which the local crypto industry had criticized.

Canary Capital’s XRP ETF is set to be the first US-based fund to directly hold the token, following the company’s key SEC filing that could see it launch on Thursday.

Coinbase dropped its planned $2b acquisition of London-based stablecoin startup BVNK after both sides mutually agreed not to proceed.
The post Coinbase Abandons Plan To Acquire UK Fintech BVNK In $2B Deal appeared first on Cryptonews.

Bitcoin price failed to recover above $107,000. BTC is trimming gains and might could continue to move down if it trades below $102,500. Bitcoin started a fresh decline after it failed to clear $107,000. The price is trading below $105,500 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $104,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $102,500 zone. Bitcoin Price Trims Gains Bitcoin price started a recovery wave above $105,000. BTC recovered above the $105,500 and $106,000 resistance levels. However, the bears remained active near the $107,000 zone. A high was formed at $107,400 and the price started a fresh decline. There was a...

John Deaton’s campaign announcement primarily focused on his background and cost-of-living issues, but he spoke about digital assets during his 2024 run for the US Senate.

The 2022 FTX bankruptcy pushed crypto toward greater transparency across exchanges and DeFi, yet some who lost funds in the crisis still haven't been paid.

Analysts say Bitcoin could be starting its Wave III expansion, and if it plays out according to previous instances, BTC could reach the $200,000 to $240,000 range.

With the US government shutdown expected to end this week, the Senate Agriculture Committee scheduled a hearing to consider President Donald Trump’s pick to head the CFTC.

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