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Turkey has seen a significant surge in interest from Cryptocurrency companies looking to operate in the country. The Capital Markets Board of Turkey (CMB) has announced that 47 Cryptocurrency companies have applied for licenses under the new regulations. According to the announcement, the influx of Crypto companies includes well-known Exchanges such as Bitfinex, Binance TR and OKEx TR. The surge in applications follows the implementation of the “Law on Amendments to the Capital Markets Law,” which came into effect on July 2. The law aims to provide a clear regulatory framework for crypto asset service providers in Turkey. Turkey’s proactive stance on cryptocurrency regulation is not surprising, given its significant role in the global crypto economy. The country has one of the highest cryptocurrency adoption rates in the world. #Turkey #BTC #Binance #CryptoNewss #BinanceSquareFamily
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💰 Tether Mints $1.3B USDT Since Market Bottom: Bitcoin Bull Run Incoming? 🔼 Tether has minted over $1.3 billion worth of USDT since the crypto market bottomed on August 5. This substantial increase in stablecoin supply has been distributed to major exchanges like Kraken, Coinbase, OKX, and Bullish. 💥 The timing of this minting coincides with Bitcoin's recovery from a five-month low of $49,500 to its current price of over $60,000, representing a 21% increase. This influx of stablecoins to exchanges could signal incoming buying pressure, as investors often use stablecoins as an on-ramp from fiat to crypto. ‼️ The significant increase in USDT supply, coupled with Bitcoin's price recovery, suggests that we may have seen the local market bottom. We should watch closely to see if this fresh liquidity can push Bitcoin above the $65,000 resistance level in the coming days. #Binance #SEC #USDT #BinanceSquareFamily
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📌 Crypto exchange Binance’s security team has recovered or frozen over $73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023. #BinanceSquareFamily #BinanceEverywhere #Binance #SEC
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🚨JUST IN: 🇺🇸 S&P 500 just had its BEST DAY since November 2022, rising 2.3% 🚀 #MarketSentimentToday #MarketForecast #CryptoNewss #CryptoDailyInsight
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📊 REPORT: Since the launch of the $ETH ETF, over $300 million has been bridged from #Ethereum💰 to #SOLANA💰
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