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Tether today announced the launch of Hadron, a platform designed to simplify the tokenization of everything from stocks, bonds, stablecoins, loyalty points, and more. Hadron supports multiple blockchains such as Bitcoin layer 2 solutions such as Blockstream’s Liquid.
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According to Fox reporter Eleanor Terrett, 18 U.S. states recently filed a lawsuit against the U.S. SEC and its commissioners, alleging that under the leadership of Chairman Gary Gensler, the SEC has imposed unconstitutional excessive and unfair regulation on the crypto industry, infringing on the state government's right to regulate its own economy.
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Trump nominated former US SEC Chairman Jay Clayton as Attorney for the Southern District of New York. While serving as SEC Chairman from 2017 to 2020, Clayton led several enforcement actions in the crypto space, including lawsuits against ICO projects Kik and Telegram, and a lawsuit against Ripple, accusing it of raising funds through unregistered XRP sales.
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According to Bloomberg, U.S. Senator Cynthia Lummis is pushing a new proposal that the Federal Reserve sell part of its gold reserves and use the proceeds to buy Bitcoin. Lummis said that although gold is a traditional safe-haven asset, Bitcoin, as digital gold, is attracting more and more investors with its growth potential and security.
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According to Fox reporter Eleanor Terrett, today the Pennsylvania House of Representatives proposed legislation that would allow the state to keep Bitcoin on its balance sheet as a reserve asset to more broadly recognize BTC as a means of storing value. Trump has also said that after being elected, he will stop the US government from selling Bitcoin and build up Bitcoin reserves.
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Bitcoin(BTC) Surpasses 88,000 USDT with a Narrowed 2.40% Decrease in 24 Hours
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Bitcoin(BTC) Drops Below 87,000 USDT with a 3.69% Decrease in 24 Hours
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BNB Drops Below 620 USDT with a Narrowed 0.15% Increase in 24 Hours
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OTC Weekly Trading Insights (11/15/2024)
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BNB Drops Below 630 USDT with a Narrowed 2.25% Increase in 24 Hours
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