Bitcoin Plummets Below $60,000: Traders Liquidate $115 Million Amid Halving Fears

Bitcoin’s price dropped below $60,000, with a 3% decrease in 24 hours, triggering traders to sell off assets and liquidate positions, resulting in a significant drop in trading volumes. The impending Bitcoin halving event on April 20 has heightened market volatility as traders anticipate shifts in market dynamics. Bitcoin witnessed a significant price drop below…

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Regulatory Victory: Binance Awarded Full Virtual Asset Service Provider License In Dubai

Dubai, known for its forward-thinking approach and embracing the potential of blockchain technology, has granted Binance’s Dubai entity, Binance FZE, a full Virtual Asset Service Provider (VASP) license.  Opening Doors For Retail And Institutional Investors According to a local media report, the VASP license obtained by Binance FZE allows the company to expand its offerings…

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Bitcoin Prices Surge Ahead of Halving Event

Bitcoin’s value has seen a notable increase, climbing back to $63,800 as the cryptocurrency community anticipates its upcoming halving event, which is scheduled to occur in just over 36 hours. This boost in *BTC* price comes after a period of bearish sentiment among investors towards major cryptocurrencies. #Crypto markets have seen a boost today, as…

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US Senators Introduce Stablecoin Regulatory Framework, While Warren Wants Restrictions

On April 17, the two pro-crypto Senators introduced the Lummis-Gillibrand Payment Stablecoin Act. The bill “solves key policy challenges that have lingered around previous proposals and provides prudential regulation and added consumer protections to stablecoin issuers,” said Lummis, who added, “But above all, it allows innovation to prosper.” The Senators have been drafting the bill…

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