Bitcoin buyers snap up a brief drop below $80,000 as Asian stocks rebound
Bitcoin tore back to $82,500 within two hours of dipping under $80,000, and chipmakers in Seoul recovered from their worst close since April.
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Bitcoin tore back to $82,500 within two hours of dipping under $80,000, and chipmakers in Seoul recovered from their worst close since April.
The departure of President Donald Trump's crypto adviser, Patrick Witt, leaves the digital assets office vacant and its policy aims uncertain.
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The scheme allegedly stole tens of millions through Russian-language Facebook ads and fake advisers, then went after victims again with fake recovery offers.
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Bitcoin fell to just above $80,000 as South Korea’s Kospi plunged 8%, while the CoinDesk 80 fell 2.2% and all but six CoinDesk 100 members declined.
Stocks also turned positive after big early losses, helped by sharply lower bond yields.
Jeff Yan told Bloomberg that U.S. regulatory oversight should apply to the firms using the blockchain, not to the underlying network itself.
The country’s regulator, ASIC, has proposed tougher rules to protect users’ digital assets, crypto trading and to safeguard the country’s financial stability.
Police reportedly seized $4 million in cash and 64 luxury watches during a raid on the crypto founder's Istanbul residence.
BlackRock's CEO says "a moratorium of some sort" on data center buildouts would put the U.S. in a recession.