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Current Market update

📉💥 Crypto Market Faces Potential Crash: Experts warn that upcoming crypto-friendly regulations from the Trump administration could lead to a significant financial crisis. They predict a temporary boom in cryptocurrency prices, followed by a severe bust affecting the broader financial system.

📈🚀 Bitcoin Nears $100K: Bitcoin's price has risen by 1.8% to $99,449, with analysts suggesting that surpassing the $97,000 mark could propel it to new highs above $110,000.

❌💰 X Removes Bitcoin Emoji: The social media platform X, formerly known as Twitter, has quietly removed the Bitcoin emoji from its suite of hashtag-triggered emojis, stirring speculation and concern among users and enthusiasts.

🏛️🇬🇧 UK Crypto Regulation Lagging: Crypto leaders emphasize the need for the UK industry to engage with the Financial Conduct Authority (FCA) to achieve regulatory clarity, crucial for one of the world's largest digital asset markets.

🔍💸 UK Uncovers Criminal Crypto Network: The UK National Crime Agency has uncovered a multibillion-dollar money laundering network using cryptocurrency, involving drug traffickers and Russian spies.

🏦🤝 Crypto Industry Seeks Banking Relations: Following Donald Trump’s election win, the crypto industry is optimistic about improving its relationship with the banking sector, aiming for better acceptance and services from traditional financial institutions.

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