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UK crypto firms face fresh FCA authorization process

The UK Financial Conduct Authority has issued final guidance requiring crypto firms to reassess their permissions before applications open on Sep. 30 for a regulatory regime taking effect in October 2027. FCA guidance defines which crypto firms need approval The…

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Bitcoin price tests $75K as Supertrend turns bearish

Bitcoin price traded near $76,200 after a volatile week as the failed CLARITY Act vote and the Federal Reserve’s rate increase kept pressure on the market. Technical indicators now point to resistance near $78,600, while liquidation data places the main…

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Celsius estate sues BitMEX over $495M in Bitcoin liquidations

Celsius Network’s bankruptcy estate has sued BitMEX for the return of 6,360.17 Bitcoin, worth about $495 million, over forced liquidations carried out during the March 2020 COVID market crash. The complaint, filed on Sep. 12 in the U.S. Bankruptcy Court…

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Revolut hackers demand $3M in Monero after data breach

Hackers behind the Revolut customer data breach have demanded 6,000 Monero, worth about $3 million, while threatening to sell the stolen records unless the bank pays within 24 hours. How Revolut hackers set the 24-hour deadline The Financial Times reported…

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Fed raises rates by 25 bps in first hike since 2023

The Federal Reserve has raised its benchmark interest rate by 25 basis points to 3.75%–4%, delivering its first increase since July 2023 as inflation and energy costs remain elevated. Fed rate hike receives unanimous FOMC support The Federal Reserve said…

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US crypto tax bill clears House committee in 38-5 vote

The U.S. House Ways and Means Committee has advanced the Digital Asset Tax Certainty Act in a 38-5 vote, moving the first proposed federal tax framework for digital assets toward consideration by the full House. Crypto tax bill advances with…

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Zcash price surges 20% as bulls target $1,500

Zcash price rallied more than 20% on Sep. 16, breaking above $1,300 as network upgrade optimism helped ZEC resist a broader crypto market sell-off. Zcash price action today According to data from crypto.news, Zcash (ZEC) price traded at approximately $1,337…

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CLARITY Act failure shifts US crypto rules to agencies: experts

The failed Senate vote on the CLARITY Act has shifted attention toward the SEC and CFTC, while crypto founders and investors prepare for a longer period without a federal market structure law, industry experts told crypto.news. The U.S. Senate failed…