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โก๏ธ Bybit Exits French Market Due to Regulatory Pressure โถ๏ธ Cryptocurrency exchange Bybit has announced the suspension of its operations in France, citing regulatory challenges from the Autoritรฉ des Marchรฉs Financiers (AMF). French users' accounts will be restricted to "close-only" mode from August 2, with all positions liquidated by August 13. ๐ Bybit, blacklisted by AMF since 2022 for failing to register as a Digital Asset Services Provider, hopes to return to France after obtaining proper licenses. This move follows increased regulatory scrutiny of crypto exchanges in France, including recent challenges faced by Binance. Bybit's French exit highlights growing regulatory pressures on crypto exchanges in Europe. #Exchange #marketcrash #CryptoNewss #bybit #Binance
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๐ Michael van de Poppe: Bitcoin Entering New Cycle, Caution Advised ๐ Crypto analyst Michael van de Poppe believes Bitcoin needs more time to solidify its position. He advises investors to be cautious when purchasing the token. Van de Poppe emphasizes that BTC is truly the "new gold" and could become a stable store of value amidst global changes. ๐ The expert predicts a new market growth cycle starting mid-August or early September, lasting until November 2025, with 2-3 corrections along the way. He notes that Bitcoin is ready to enter a completely new development cycle. โน๏ธ Van de Poppe reassures that the distrust faced by BTC during each downturn shouldn't frighten market participants. He calls this phenomenon natural and urges investors to expect new price increases, though he doesn't provide specific price targets. #bitcoin #BTC #ETH #Binance #USDT
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โก๏ธRipple Brings US Treasury Bills to XRP Ledger via OpenEden ๐ Ripple has announced the introduction of tokenized US Treasury bills on the XRP Ledger through the OpenEden platform. This move expands the growing trend of tokenizing real-world assets on blockchain networks, with over $1 billion in US treasury notes already tokenized on platforms like Polygon, Ethereum, and Stellar. โ Ripple is investing $10 million in OpenEden's TBILL tokens โ Tokenized T-bills offer investors portfolio diversification opportunities โ This aligns with Ripple's broader vision for asset tokenization ๐ผ The initiative reflects increasing institutional interest in blockchain-based asset tokenization, following BlackRock's launch of its tokenization fund BUILT in March. #XRPPredictions #SolanaUSTD #BTC #SEC #Binance
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โ ๏ธ July Crypto Hacks Reach $266M, WazirX Takes Biggest Hit ๐ July saw $266 million stolen from the crypto ecosystem through 16 separate attacks. The Indian exchange WazirX suffered the largest loss, with North Korean hackers reportedly stealing over $230 million (86.4% of the total). Other significant victims included Compound Finance ($24M), Li.Fi protocol ($10M), and Bittensor and Rho Markets ($8M each). โ๏ธCentralized finance (CeFi) entities remain the primary targets for hackers, though attacks on smart contract-based projects are also increasing. Many hackers used Tornado Cash to obscure their tracks after the thefts. These hacks underscore the persistent security challenges in the crypto space. It's crucial to stay informed about security best practices and remain cautious when interacting with both centralized and decentralized platforms. Always prioritize the safety of your digital assets. #SEC #MarketSentimentToday #CryptoNewss #CryptoDailyInsight #marketcrash
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$SOL ahead of all in volume of last month. This is first time in history. #SolanaUSTD #SOLETF #solanAnalysis #Binance #BinanceSquareFamily
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