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The U.S. House Financial Services Committee is preparing to hold a series of hearings on cryptocurrencies covering multiple aspects of the sector, including decentralized finance, the Securities and Exchange Commission’s oversight of digital asset companies, and the implications of so-called “pig slaughter” scams.
The congressional committee overseeing securities and financial products in the United States will set a hearing agenda for September that will include multiple topics related to cryptocurrencies, according to a source familiar with the matter. The committee’s chairman, Rep. Patrick McHenry, who is leaving office at the end of the year, is seeking to pass a bill related to regulating cryptocurrencies before the end of his term.

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Bitcoin turned higher over the past few hours after a two-day decline, as demand for riskier assets increased following the US inflation report that was revealed a while ago.
The largest cryptocurrency rose as much as 3.2% to $69,457, as lower-than-expected inflation data bets that the Federal Reserve will cut interest rates this year. Smaller cryptocurrencies such as Ethereum and Solana also rose
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BNB is the original digital currency of the BNB chain system and is considered among the most famous and widespread digital currencies in the world. The special thing about this currency is that you can use BNB in ​​a wide range of applications and solutions related to digital assets and the world of crypto. In addition, the BNB chain operates mainly on the community, adopting a model that encourages user participation across the world. This method aims to create a robust infrastructure that promotes the widespread adoption of cryptocurrencies and blockchain technology. The BNB chain is primarily community-driven and adopts a model that encourages user participation across the world. This method aims to create a robust infrastructure that promotes the widespread adoption of cryptocurrencies and blockchain technology
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EOS was trading in the $0.7069 pair at 21:07 (18:07 GMT) on the Investing.com Index on Friday, falling 10.97% on the day. Recording the highest rate of decline since.
The downward movement also pushed the market value of the EOS currency to drop to $890.2963M, or 0.03% of the total market value of the virtual currency market. The highest market value for EOS coin was $17.5290B
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Cryptocurrency research firm 10x Research has warned that a sharp decline in Ethereum prices could prevent Bitcoin from achieving a new, sustainable high above $83,000, according to an analysis published June 7 and shared with CryptoSlate.
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The price of Pepe coin (Pepecoin-PEPE) rose by 3.5% today to reach $0.00001461, with the total value of the crypto sector recording smaller gains of 0.7% over the last 24 hours. While PEPE currency trading witnessed a degree of calm over the past week, its value has now stabilized at an increase of 4% compared to its price two weeks ago and at a rate of 78% compared to its level 30 days ago, so that the currency, which is ranked 23rd according to the ranking of digital currencies in terms of market capitalization, recorded huge gains of 100%. 1,300% during the last 12 months.
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#TopCoinsJune2024

On June 6, celebrity-backed coin HULK took a hit, suffering a shocking loss of $17 million.

Within a few hours, its market value dropped from $17 million to only $9.6 thousand.

This incident underscores the importance of conducting thorough research before investing in any cryptocurrency

The prices of the digital currency "Bitcoin" rose during trading on Thursday, maintaining its gains for the sixth day in a row, near the highest level in two weeks, in the process of crossing the $72,000 barrier, thanks to the improvement in risk appetite in the markets, in light of the continued weakness in the return on... US Treasury bonds...

A series of weak economic data in the United States led to a rise in prices for the Federal Reserve to cut interest rates at least twice this year.
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Binance announces the IPO of the IO.NET project and its digital currency, IO

Binance announced the listing of the IO.NET (IO) project as the 55th project on the “Binance Launchpool” platform.
Binance will be the first platform to list this digital currency, as trading of this digital currency will begin on June 11, 2024, at 12:00 UTC time.

Binance Coin rose to a record high on Wednesday.

Mike Novogratz expects Bitcoin to jump to a record high of $100,000 this year.

Binance's total value locked (TVL) in DeFi has jumped to over $7.8 billion.