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Iraq Bulletin

Tag : cryptocurrency

Business

Global markets face disruption amid $17.3 trillion oil shock warning

iraqbulletin.co
CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital asset sectors. The alert follows heightened geopolitical tension in South America, where the detention of...
Business

US banks gain flexibility to participate in crypto markets

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The United States Federal Reserve Board has announced the withdrawal of previous guidance that restricted banks from participating in cryptocurrency-related activities without prior approval. The move, made official on Thursday, signals a shift towards a more flexible regulatory environment, aligning...
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ETF adoption accelerates as U.S. advisors turn to crypto investments

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CryptoWire News Desk: U.S. financial advisors are increasingly embracing cryptocurrency exchange-traded funds (ETFs), with a majority signaling plans to expand their exposure in 2025. According to a survey presented by TMX VettaFi at the Exchange conference in Las Vegas, 57%...
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XRP surges after SEC drops lawsuit against Ripple

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XRP surged following an announcement by Ripple CEO Brad Garlinghouse that the U.S. Securities and Exchange Commission (SEC) is dropping its appeal in the long-running lawsuit against the payments company. The cryptocurrency saw an increase of nearly 11%, reaching $2.52....
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Top crypto executives to attend White House regulatory summit

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The White House Crypto Summit is set to take place on March 7, 2025, with President Donald Trump hosting the event to address the future of digital asset regulation in the United States. The summit will bring together leading cryptocurrency...
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Bitcoin drops below key $87,000 level as liquidations surge past $600M

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The cryptocurrency market suffered a significant downturn on Tuesday, with Bitcoin plunging nearly 10% amid mounting concerns over security breaches, regulatory uncertainty, and broader financial market instability. The price of Bitcoin dropped below $87,000, marking its lowest level since November,...
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Kanye West’s memecoin $YZY faces uncertainty amid backlash

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Rapper and entrepreneur Kanye West is reportedly preparing to launch a new cryptocurrency token named $YZY, intended to serve as the official currency for his Yeezy brand. This move comes after West’s previous public skepticism toward meme coins and follows a series...
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Bitcoin remains volatile near $94K as traders eye resistance levels

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Bitcoin is facing renewed selling pressure, dropping below the critical $94,000 support level during early U.S. trading hours on February 24, 2025. The cryptocurrency, which recently peaked at $109,356, has been struggling to regain bullish momentum, with market uncertainty keeping...
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Robinhood crypto case dismissed as SEC scales back enforcement

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The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Robinhood's cryptocurrency unit without pursuing enforcement action, the company announced on Monday. The decision marks a significant regulatory shift under the administration of President Donald Trump. The financial...
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Bitcoin gains momentum as investors bet on 2025 Fed rate cuts

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Bitcoin (BTC) has surged past $96,000, edging closer to the psychologically significant $100,000 threshold following dovish comments from Atlanta Federal Reserve Bank President Raphael Bostic. His remarks signaled a potential shift in U.S. monetary policy, prompting renewed optimism among investors...