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BusinessFidelity Investments should reconsider letting retail clients put a portion of their savings into bitcoin, U.S. Senators say. Senators Elizabeth Warren (D-MA) and Richard Durbin have reiterated Tuesday that Fidelity should reconsider. The demise of FTX "has made it abundantly clear the digital asset industry has serious problems," the Senators wrote.See the Story
US Senators Urge Fidelity To Halt Bitcoin 401(k) Retirement Plans
100% Center coverage: 5 sources
FinanceU.S. Congressman Tom Emmer (R-MN) said Tuesday that the implosion of cryptocurrency exchange FTX is not a crypto failure. Instead, he said it is a failure with centralized finance (cefi), Securities and Exchange Commission (SEC) Chairman Gary Gensler, and former FTX CEO Sam Bankman-Fried.See the Story
US Congressman Says FTX Was 'A Failure Of Centralized Finance And A Failure Of Sam Bankman-Fried': Why It's Important - Bitcoin (BTC/USD)
100% Center coverage: 1 sources
Stock MarketsPaul Brody, global blockchain leader at EY, discussed the crypto winter, the need for regulation, and the collapse of crypto exchange FTX in an interview published by the Mint publication Thursday. Brody: For the first time ever, price ups and downs don't have that big of an impact on the long-term growth of the industry.See the Story
Crypto Winter No Longer Has Big Impact on Long-Term Industry Growth, EY Executive Says – Markets and Prices Bitcoin News
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Crypto Flipsider News – ConsenSys Privacy Update; DCG $2b Debt; Singapore Investigates Hodlnaut; Staked ETH Withdrawal; Ardana Halts Development
BitcoinThe top five exchanges alone recorded more than $60 billion in 24-hour trade volume on Tuesday, Nov. 8. All ten of the top crypto exchanges saw significant triple-digit increases in terms of 24-Hour trade volume. The world's largest exchange, Binance, saw $46.92 billion in global trade volume during the past day.See the Story
Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays – Exchanges Bitcoin News
Business · GeorgiaThe U.S. Department of Justice on Monday announced that law enforcement seized $3.36 billion of bitcoin from a man who “unlawfully obtained” more than 50,000 bitcoin from dark-web market Silk Road over a decade ago.See the Story
Department of Justice Seizes $3.36 Billion Cryptocurrency in Historic Conviction
57% Center coverage: 21 sources
TwitterTwitter has begun rolling out a $7.99-a-month Twitter Blue subscription service. The service is currently available in the U.S., Canada, Australia, New Zealand, and U.K. President Joe Biden shared his concerns Friday about what Twitter is becoming after Musk took over the social media platform.See the Story
Biden Accuses Twitter of Spewing Lies Across the World as Elon Musk Rolls Out Twitter Blue Subscription – Featured Bitcoin News
Brandt Says DOGE Bear Market Is Over, Kiyosaki Advises Buying BTC 'Before Fed Pivot,' Bitcoin.com Backed Ramírez Challenges for WBA Boxing World Title — Week in Review – The Weekly Bitcoin News
CryptocurrencySingapore-based crypto exchange Bybit will not restrict users from the Russian Federation, despite the city-state's central bank reiterating this week that licensed coin trading platforms must comply with sanctions. The Monetary Authority of Singapore (MAS) said that pro-Russian groups have been using digital asset exchanges to raise millions of dollars in crypto donations.See the Story
Crypto Exchange Bybit Does Not Plan to Sanction Russian Users Despite MAS Call, Report – Exchanges Bitcoin News
Turkey · TurkeyTurkey's inflation rate has topped 85.5% year-on-year. The inflation rate in Turkey has risen for 17 consecutive months and last month it reached a 24-year high. Food prices in Turkey climbed 99% higher and housing and rent jumped by 85%. Turkey's central bank cut the region's benchmark bank rate by 150 basis points in October.See the Story
While Official Figures Claim Turkey’s Inflation Rate Is 85%, Third-Party Stats Say It's Closer to 200% – Economics Bitcoin News
TwitterNon-fungible token (NFT) gross sales have risen over the past seven days as gross sales quantity elevated by greater than 56% tapping $170.48 million this week. Sales stemmed from 18 totally different blockchain tasks and Ethereum (ETH) captured $139.31 million of the combination. The highest NFT assortment this week was Art Gobblers as the gathering accrued $51.78 million in whole gross sales.See the Story
