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Tag: Cryptocurrencies

Australia Introduces Bill to Fold Crypto Platforms into Financial Licensing Regime

Australia Introduces Bill to Fold Crypto Platforms into Financial Licensing Regime

The Corporations Amendment (Digital Assets Framework) Bill 2025 establishes licensing requirements for crypto exchanges and custody providers. Platforms handling assets like Bitcoin and stablecoins must obtain an Australian Financial Services Licence and adhere to strict conduct rules. The reform could unlock up to A$24 billion in annual productivity gains while aligning crypto with traditional finance regulations. ...

Crypto regulation, Cryptocurrencies, Front page, News, Regulation

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Texas Initiates Strategic Bitcoin Reserve with M BlackRock ETF Purchase

Texas Initiates Strategic Bitcoin Reserve with $5M BlackRock ETF Purchase

Texas Comptroller’s office acquired $5 million in BlackRock’s iShares Bitcoin Trust (IBIT) on November 20. The purchase serves as an initial allocation for the Texas Strategic Bitcoin Reserve while custody arrangements are finalized. State officials plan to transition to self-custodied Bitcoin holdings once a suitable custodian is selected. This move positions Texas as the first U.S. state to actively build a...

Bitcoin, Cryptocurrencies, ETF, Front page, News

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Franklin Templeton Debuts Spot XRP ETF

Franklin Templeton Debuts Spot XRP ETF

Franklin Templeton’s XRP ETF (XRPZ) launched on NYSE Arca, tracking the CME CF XRP-Dollar Reference Rate. XRP price jumped up to 9% following the debut. The move adds to recent launches from Grayscale, Bitwise, and Canary Capital, signaling broader altcoin ETF adoption. Franklin Templeton, a major asset manager with over $1.6 trillion under management, has expanded its digital asset portfolio by launching a spot...

Cryptocurrencies, Front page, News

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Bitcoin Rebounds from Extreme Oversold Levels as Liquidations Ease and Buyers Return

Bitcoin Rebounds from Extreme Oversold Levels as Liquidations Ease and Buyers Return

Bitcoin rebounded 2.7% to around $86,500 after RSI flashed extreme oversold signal. $206 million in weekend liquidations point to seller exhaustion amid thin liquidity. Altcoins like XRP and ZEC led gains, surging 7% and 14% respectively. Bitcoin staged a modest recovery on Sunday, climbing from intraday lows after technical indicators suggested the recent sell-off may have overextended. The leading cryptocurrency traded...

Bitcoin, Cryptocurrencies, Front page, News

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Institutional Buyers Dip Into Crypto Sell-Off as Analysts Eye Potential Bottom Amid Lingering Risks

Crypto Sell off bottom near?

Crypto markets extended losses on Friday, with Bitcoin dipping below $85,000 and total liquidations surpassing $2 billion in leveraged positions over 24 hours. Institutional investors are ‘nibbling’ at dips, viewing the sell-off as a buying opportunity, per Bitwise CIO Matt Hougan. Oversold RSI readings and retail capitulation suggest a tactical bottom may form near $82,000-$84,000, but hawkish Fed signals could prolong...

Bitcoin, Cryptocurrencies, ETF, Front page, News

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