Strategy won’t face Bitcoin liquidation in the next bear market: Willy Woo
Crypto analyst Willy Woo says it would need to be “one hell of a sustained bear market” to force Strategy to liquidate any of its Bitcoin. Source link
White House Defends Trump’s Pardon of Binance founder CZ
The White House carefully considered Binance founder Changpeng Zhao’s pardon and went through the standard processes before sending it to President Donald Trump for his approval, says White House press secretary Karoline Leavitt. Trump defended the pardon in an interview with CBS News’ 60 Minutes on Sunday, saying he had “no idea” who Zhao is…
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CZ pardon was considered with ‘utmost seriousness,’ White House says
White House press secretary Karoline Leavitt says Donald Trump’s pardon of Binance founder went through a “thorough review process” before the president signed it off. Source link
What It Means for Crypto
Zohran Mamdani has won the New York City mayoral election after a long campaign. Over the past year, the city’s crypto industry has been watching closely to see what a Mamdani mayorship could mean for the blockchain space. The Associated Press called the race in favor of Mamdani on Wednesday. He beat out former Governor…
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What Mamdani’s mayoral win means for crypto in New York
Zohran Mamdani has won the New York City mayor’s race, and the city’s crypto industry is waiting to see how his administration will affect business. Source link
Canada Budget Promises to Stablecoin Regulation Next Year
Canada is set to introduce legislation regulating fiat-backed stablecoins under its federal budget for 2025, following the footsteps of the US, which passed landmark stablecoin laws in July. Stablecoin issuers will be required to hold sufficient reserves, establish redemption policies and implement various risk management frameworks, including measures to protect personal and financial data, according…
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Canada’s budget promises laws to regulate stablecoins, following US lead
Canada’s government unveiled a plan to regulate stablecoins, requiring fiat-backed issuers to maintain sufficient reserves and adopt robust risk management measures. Source link
Bitcoin Shows Signs of Exhaustion as Analysts Tip 2025 Forecasts
Bitcoin’s price appears to be losing steam, which may mean that the more optimistic forecasts for the end of 2025 may not materialize this year. However, analysts are divided on whether Bitcoin (BTC) will see renewed momentum in 2026. “We don’t expect crypto to go any higher than $125K USD in 2025,” ShapeShift analyst Houston…
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Bitcoin shows exhaustion as analysts say $125K target unlikely in 2025
In early October, Tom Lee and Arthur Hayes were confident that Bitcoin could still reach $250,000 by year-end, but analysts say half that figure is now unlikely. Source link
Sequans Falls 16% After Selling 970 Bitcoin to Cut Debt
Shares in Sequans dropped by over 16% after selling 30% of its Bitcoin to redeem half of its convertible debt, a move the semiconductor company described as a “strategic asset reallocation.” “Our Bitcoin treasury strategy and our deep conviction in Bitcoin remain unchanged,” Sequans CEO Georges Karam said on Tuesday. “This transaction was a tactical…
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