The proposed agreement would resolve a federal anti-money-laundering investigation, while lower Cash App trading fees halved Block’s quarterly bitcoin gross profit. www.coindesk.com
Bitcoin
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In brief Strive bought 124 BTC for about $10 million between Oct. 24 and Oct. 30 at an average of $80,526 each, …
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Markets
Mercado Bitcoin pledges to cover all user losses after near $40 million hack
by shayaanby shayaanPartners like Tether, Circle, and Chainalysis helped freeze $11M of the stolen assets. www.coindesk.com
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Markets
Binance has spent half its SAFU bitcoin, about $580 million worth, data shows
by shayaanby shayaanThe user protection fund now sits below the $800 million level that Binance’s own rules say triggers a top-up, and the exchange …
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Markets
Bitcoin traders eye post-election rally as exchange outflows point to supply squeeze
by shayaanby shayaanBulls are watching short positions, exchange withdrawals and key price levels for signs of a rebound after the midterms. www.coindesk.com
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Markets
Bitcoin eases to $77,900 as Binance customers pull $3.6 billion after withdrawals reopen
by shayaanby shayaanBitcoin fell 0.4% to around $77,900 since midnight UTC as Binance customers pulled a net $3.64 billion after withdrawals reopened and ETFs …
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Markets
Bitcoin White Paper Turns 18 With Payment Verification Still at Its Core
by shayaanby shayaanTL;DR: Satoshi Nakamoto introduced the Bitcoin paper on October 31, 2008. Eighteen years later, its central contribution remains a way to verify …
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Market Pulse Currently, Bitcoin is testing critical support levels in the $64,000 to $65,000 range, a zone that has been pivotal in …
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Markets
Strangers are begging the Binance hacker for bitcoin, one ‘help me bro’ at a time
by shayaanby shayaanThe 19 wallets holding 18,270 stolen BTC have taken in nothing since Thursday except payments worth under a dollar, each carrying a …
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Markets
Mercado Bitcoin Plans Sui Asset Access in Brazil With Lending and Tokenization Links
by shayaanby shayaanTL;DR: Mercado Bitcoin and Sui have outlined access to SUI and stablecoins, with USDsui collateral and tokenized assets in scope. A potential …