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Leigh Travers feels that a change in Australia’s government will slow down work on crypto regulations that could prove that the industry is already operating at a higher level than traditional finance. Source: https://cointelegraph.com/rss Binance Australia CEO: regulations will establish higher standards in crypto
“Like a hammer wanting everything to be a nail, the SEC is keeping everything murky so it can argue every crypto is a security,” claims Ripple general counsel Stu Alderoty. Source: https://cointelegraph.com/rss Ripple counsel slams SEC for trying to bulldoze and bankrupt crypto
“What has pushed Bitcoin into a “crypto winter” over the last six months can by and large be explained as a direct result of an increasingly hawkish rhetoric from the US Federal Reserve,” CoinShares wrote. Source: https://cointelegraph.com/rss Almost 0M exits US crypto funds in anticipation of hawkish monetary policy
BTC’s sell-off is easing slightly, but traders are afraid that negative newsflow and future U.S. interest rate hikes could push the price lower. Source: https://cointelegraph.com/rss Bitcoin has support at K, but analysts warn of a dire drop to K as global debt unwinds
Celsius has been moving more than a quarter of a billion dollars worth of funds from Aave into the FTX exchange for reasons not specified in addition to suspending withdrawals for users. Source: https://cointelegraph.com/rss Celsius exodus: 0M in crypto sent to FTX, user withdrawals paused