Bitcoin miner Core Scientific reportedly files for Chapter 1 | Wealthytalkz on Binance Square

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Bitcoin miner Core Scientific reportedly files for Chapter 11 bankruptcyCore Scientific reportedly filed for Chapter 11 bankruptcy protection in Texas owing to falling revenue and BTC prices.
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📰 Crypto Market Overview - Nov 11th, 2024 📈 Top Gainers (24H) - Dogecoin: +21.18% - dogwithat: +20.38% - Cronos: +19.14% - Ondo: +16.05% - Stacks: +13.99% - NEAR Protocol: +13.35% - Popcat (SOL): +12.84% - Shiba Inu: +12.46% 📉 Top Losers (24H) - Neiro: -13.07% - Lido DAO: -6.67% - Mantle: -6.23% - Helium: -5.18% - Aerodrome Finance: -5.02% - Bitcoin SV: -4.92% - Mog Coin: -4.58% - Maker: -3.76% 📊 Fear & Greed Index: 76 (Extreme Greed) 🔥 Trending Projects - Coin Market Cap: Bitcoin, Super Trump Coin, X Empire, SolarX, Cardano, Dogecoin, Sui, Shiba Inu - Coin Gecko: RabBitcoin, Act I The AI Pro., Peanut the Squirrel, HappyCat, Sui, Grass, Solana, BounceBit 📰 Latest Hot News 1. 80% of memecoins pumped after Binance listing in 2024. 2. DWF Labs partners with UCLA for tokenized securities education. 3. DeltaPrime exploited for $4.8M worth of ARB and AVAX tokens. 4. Crypto community reacts to reports of Wall St. lawyer up for SEC chair role. 5. Nansen scales analytics beyond Ethereum with Bitcoin L2 integration. 💸 Current Prices: - Bitcoin: $82,243 (+2.83%) - Ethereum: $3,203 (+0.71%) - BNB: $218.28 (+5.28%) #BTC☀ #bitcoin☀️ #doge⚡

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🚨 BIG NEWS, FAM! 🚨 #Bitcoin has just SMASHED through the $85,000 mark! 🎉💥 We're witnessing history, and YOU are a part of it! This isn’t just another milestone—it’s a movement. 🌐💸 Let’s celebrate this ALL-TIME HIGH together! Drop your predictions below ⬇️ Spread the word:- https://x.com/wealthytalkz_/status/1856050775996174614?s=46 #BTCBreaks86k #BTC☀

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🚨 Crypto Regulation Alert: UK Introduces the "Travel Rule"! 🚨 The UK is taking a major step forward in regulating the crypto industry with the introduction of the "Travel Rule". 🌍💼 This rule aims to enhance transparency by requiring financial institutions to share critical information about crypto transactions, such as the sender and recipient's details. It’s a game-changer for preventing illicit activities like money laundering while ensuring the security of digital assets. 🛡️🔒 Why does this matter? 🤔 This move could open the doors for institutional investors to enter the space with more confidence. With clearer rules and improved oversight, the UK's approach could lead to significant growth in crypto adoption and investment. 📈💰 📊 Key Highlights: 👉Enhances transparency in crypto transactions. 👉Aims to combat illegal activities like money laundering. 👉Could attract more institutional investors and boost market liquidity. The UK’s proactive approach is in line with other global leaders, like the EU’s MiCA framework, showing the world that crypto can be safely integrated into the financial system. 🇬🇧💡 Stay tuned for more updates on how this could shape the future of the crypto market! 🚀 #CryptoNews #UKRegulation #TravelRule #Bitcoin #Ethereum #Blockchain #InstitutionalInvestors #CryptoAdoption

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🚀 India Welcomes Binance Back with Open Arms! 🇮🇳 After a brief hiatus, the world's largest cryptocurrency exchange, Binance, has officially returned to the Indian market. The exchange has successfully registered with India's Financial Intelligence Unit (FIU-IND) and paid a fine of approximately ₹18.8 crore (around $2 million) to restart its operations. Binance's comeback marks a significant milestone in the company's global regulatory journey, showcasing its commitment to compliance with anti-money laundering (AML) standards in India and beyond. This move aligns with India's growing crypto adoption, as the country ranks among the top five nations by estimated transaction volume across centralized and decentralized exchanges, lending protocols, and token smart contracts. Richard Teng, CEO of Binance, expressed his enthusiasm for the return, stating, "Recognizing the vitality and potential of the Indian VDA market, this alignment with Indian regulations allows us to tailor our services for Indian users. It is a privilege to extend the reach of our cutting-edge platform to this thriving market, supporting India's continued VDA evolution." The crypto community in India is eagerly anticipating the impact of Binance's reentry, as it brings superior technology and larger liquidity compared to local exchanges. With the return of this major player, the market dynamics are expected to shift, fostering increased competition, innovation, and improved services for Indian crypto enthusiasts. As India continues to shape its regulatory framework for the crypto industry, Binance's compliance sets a positive example for other exchanges operating in the country. This move not only strengthens India's position as a global leader in crypto adoption but also paves the way for further growth and development in the sector. #BinanceIndia #CryptoAdoption #IndiaFinTech

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Bitcoin and Ethereum are experiencing notable market movements today, reflecting ongoing volatility in the crypto space. Bitcoin is currently trading around $59,600, having dropped by 2.3% recently, while Ethereum has fallen by 2.8% to approximately $2,602. This decline is part of a broader trend, with the global cryptocurrency market cap decreasing by 4.59% over the last 24 hours, settling at around $2.11 trillion. Investors are closely watching these fluctuations, especially with Bitcoin's price hovering near the crucial $60,000 mark. Analysts suggest that if Bitcoin can break above this level, it may push towards $61,000; however, failure to maintain this could lead to a drop towards the $54,000 range. Ethereum's potential correction raises concerns, but the overall sentiment remains cautiously optimistic as the market adjusts to recent developments, including the introduction of spot ETFs that have generated significant interest in both cryptocurrencies #BlackRockETHOptions

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