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Nigerian SEC mandates local offices for crypto firms

The requirement also states that applicants must report customer complaints and emergent risks and be subject to SEC inspections, audits, and monitoring. Source link

$100M Bitcoin liquidated as BTC drops: Will ETF investors panic sell?

Despite BTC falling below the realized price of ETF buyers, ETF holders did not panic sell, but a deeper correction remains on the horizon. Source link

Bitcoin will crash to $50K, 10x Research warns

According to 10x Research, Bitcoin’s potential drop below $50,000 is linked to dwindling buy flows and accelerating sell flows. Source link

German gov’t transfers $172M in Bitcoin to multiple locations

The German government’s latest Bitcoin transfers could impact the market significantly, as it moves 3,000 BTC to various crypto exchanges and an unknown wallet. Source link

Bitcoin price loses its 200-day trendline for first time in 10 months

Bitcoin drops through $58,000 as analysis highlights ongoing BTC seller interest throughout 2024. Source link

Judge labels 2 obscure altcoins as commodities in $120M Ponzi case

An Illinois judge has sided with the Commodity Futures Trading Commission in a crypto fraud case, labelling two altcoins, OHM and KLIMA, as commodities. Source link

SEC wants retailer’s crypto suit tossed as it’s based on ‘phantom’ policy

A Texas bag retailer sued the SEC to get legal protection for a token airdrop, but the regulator says the suit was based on a policy that doesn’t exist. Source link

SEC wants retailer’s crypto suit tossed, as it’s based on ‘phantom’ policy

A Texas bag retailer sued the SEC to get legal protection for a token airdrop, but the regulator says the suit was based on a policy that doesn’t exist. Source link

Bitcoin Core devs set up new policy aimed at handling ‘critical bugs’

Bitcoin Core developer Antoine Poinsot said there is a dangerous perception that Bitcoin Core is free of bugs, noting it is “dangerous and, unfortunately, not accurate.” Source link

Bitcoin falls below $58K for the first time in 2 months

The price of Bitcoin briefly dropped as low as $57,900 amid a wider sell-off in the crypto market. Source link