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Crypto Market

China’s Biggest Crypto Exchange Picks Singapore as Asia Base

Huobi Group, the operator of China’s largest cryptocurrency exchange, has picked Singapore as its regional headquarters while choosing to have another location for Europe, said co-founder Du Jun.

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Bitcoin climbs back above $57,000 as cryptocurrencies rebound from sell-off

Bitcoin and other cryptocurrencies climbed Monday after a sharp sell-off at the end of last week. The price of bitcoin surged back above $57,000 in morning trade, rising as high as $57,373, according to Coin Metrics data. It pared gains later in the day, last trading at around $57,038, up 5% in the last 24 hours.

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Crypto Oversight Road Map Is Set by U.S. Banking Regulators

U.S. banking agencies provided more insight into their plans for regulating cryptocurrencies on Tuesday, issuing a to-do list of their priorities for next year and announcing a new policy that would require banks to seek permission before offering digital currency products. 

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Ripple seeing ‘good progress’ in SEC case over XRP, outcome expected next year

Fintech company Ripple is making great strides in its legal feud with the U.S. Securities and Exchange Commission, CEO Brad Garlinghouse told CNBC on Monday.

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Avalanche Crypto Tops Shiba Inu Value After Deloitte Deal

The Avalanche cryptocurrency has surged in the past several days, taking it briefly into the top 10 by market value and surpassing Dogecoin and Shiba Inu, after a deal related to improvement of U.S. disaster-relief funding.

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Bitcoin, Ether Hit Records Amid Broad Rally in Cryptocurrencies

Bitcoin and Ether hit all-time highs Tuesday in an ongoing cryptocurrency rally that some analysts attributed partly to the search for investments to hedge risks from inflation.

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Crypto Billionaire-Backed SPAC Listing Plan Sends Monex Limit Up

Monex Group Incsurged by its daily limit after the Japanese financial firm announced plans to list its U.S. online trading subsidiary through a deal with Michael Novogratz’s Galaxy Digital Holdings Ltd.

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Shiba Whale Wallets With Billions Raise Alarm of Crypto Sleuths

The unlikely star of the cryptocurrency world these days is Shiba Inu, named after the same breed of dog that inspired the market’s former unlikely meme-coin darling Dogecoin. The total market value of the token soared to more than $51 billion last week, leapfrogging over Dogecoin and putting it among the top 10 cryptocurrencies in existence — despite the fact its provenance as a meme leaves it without much of a fundamental economic reason to thrive. 

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Ether scales $4,600 to record high, bitcoin trails

Ether, the world’s second-largest cryptocurrency, hit an all-time high on Wednesday, catching up with bitcoin’s rally and riding on news of wider blockchain adoption.

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