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Binance Converts User Emergency Fund Assets into USDC for Enhanced Stability


Binance has made a significant strategic move by converting the entire pool of assets held in its emergency fund for users into USDC (USD Coin), a stablecoin issued by Circle Internet Financial.  The post Binance Converts User Emergency Fund Assets into USDC for Enhanced Stability appeared first...

GBTC Continues to Lead Outflows as Bitcoin Spot ETFs See Net Outflow of $58M


Grayscale GBTC experienced a net outflow of $79.38 million from Bitcoin spot ETFs, contributing to its historical net outflow of $16.46 billion, while BlackRock ETF IBIT saw a net inflow of approximately $25.78 million. The post GBTC Continues to Lead Outflows as Bitcoin Spot ETFs See Net Outflow...

Bitcoin Mining Stocks Plummet as Miners Face Reduced Revenue Post Halving


Bitcoin mining companies are experiencing a significant decline in their stock prices as they face reduced revenue due to an upcoming code update for the largest cryptocurrency.  The post Bitcoin Mining Stocks Plummet as Miners Face Reduced Revenue Post Halving appeared first on Cryptonews

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