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Fidelity Submits Updated Spot Bitcoin ETF Application


Fidelity has submitted an updated proposal for a spot bitcoin exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC). The asset manager joins other applicants in continued efforts to address regulatory concerns that have stood in the way of approving the investment product....

Binance US Suspends Withdrawals in US Dollars


Crypto exchange Binance US has suspended withdrawals in U.S. dollars. Users who want to withdraw their USD funds must first convert them into stablecoins or other cryptocurrencies, which can then be withdrawn. Binance US Updates Dollar Withdrawal Policy Binance US, the U.S.-based cryptocurrency...

SEC to Intensify Crypto Market Monitoring and Examinations


The U.S. Securities and Exchange Commission (SEC) has published its examination priorities for 2024 which include crypto monitoring and examinations. The securities regulator disclosed: “Examinations of registrants will focus on the offer, sale, recommendation of, advice regarding, trading in,...

Anime Fans Are Laughing At MJ's Botched 'Akira' Slide In Spider-Man 2


A new Spider-Man 2 launch trailer debuted just ahead of its October 20 release, and it’s got a brief clip that has anime fans going wild. The trailer, which shows off villains like Sandman, Mr. Negative, and Venom, also has what looks to be an attempt at an iconic move from the beloved 1998 anime...

Blockchain Gaming Holds Strong in Q3, Amid Evolving Crypto Landscape


The blockchain gaming sector maintained its influential position in the third quarter of 2023 despite some decreases in momentum, according to Dappradar’s recent report. Although metrics such as unique active wallets and transactions dropped slightly, the report advises against viewing this...

Estonia-Licensed Crypto Firms Blamed for €1 Billion in Damages


Bad actors exploited Estonia’s once liberal licensing regime for crypto companies to defraud investors and commit other crimes, an investigative report claims. The authors say they discovered dozens of such cases, including scams and schemes for sanctions evasion and money laundering. Since Tallinn...

Analyst Warns of US Dollar Collapse, Predicts Bitcoin Owners to Benefit


Global financial services firm Jefferies has warned of “the collapse of the U.S.-dollar paper standard to the benefit of both gold bullion owners and also owners of bitcoin.” He explained that the Federal Reserve, and other G7 central banks, “will not be able to exit from...

Binance Russian Users Are Moving to Other Platforms, Not Just CommEx: Report


A significant number of Binance's Russian clients have migrated to alternative platforms, not only to the platform's new owner CommEx.  The shift is evident from the decreased activity in peer-to-peer (p2p) operations, Dmitry Stepanin, the CEO of Satoshkin, said in a recent interview with local...

Tesla CEO Elon Musk Calls Fiat Currency a Scam


Tesla and Spacex CEO Elon Musk believes that fiat currency is a scam that is so normalized that we don’t even realize that it’s a scam. Many people share a similar view, including Rich Dad Poor Dad author Robert Kiyosaki, who has frequently cautioned against investing in the U.S....

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