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Iran's top crypto exchange, Nobitex, with over 6m users, faces scrutiny due to alleged ties to the Iranian government and IRGC.

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OBAMA: ๐Ÿ‡บ๐Ÿ‡ธ "If in fact you can't crack that (Bitcoin) at all and the government can't get in then everybody is walking around with a Swiss bank account in their pocket." ๐Ÿ™Œ

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Gary Gensler is nearing the end of his tenure, which could conclude depending on the 2024 presidential election results

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Binance and Cryptoัะพm are losing market share to smaller rivals, while decentralized exchanges (DEXs) are gaining momentum

โšซ๏ธ Binance's spot market share fell from 52.5% to 39.5% in a year.
โšซ๏ธ Bybit surged to 8.51% market share, becoming the second-largest exchange.
โšซ๏ธDEX trading volumes grew, surpassing $250bn in March and June.
โšซ๏ธDespite losses, Binance still handled over $22.5tr in trading volume.

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If Bitcoin falls below $66,000, the cumulative multi-order clearing intensity of mainstream CEX will reach 1.12 billion ๐Ÿ’ธ

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MetaPlanet completed $66 million in fundraising through the stock acquisition program ๐Ÿ’ต

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Tether CEO: It is expected that the United States will catch up in cryptocurrency regulation ๐Ÿช™

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New York Times: Bill Gates has donated $50 million to Harris ๐Ÿ‡บ๐Ÿ‡ธ

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๐Ÿ”ฝ According to CME's "Federal Reserve Observation", the probability of the Federal Reserve falling by 25 basis points by November is 91.1%

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The U.S. court extended the deadline for Ripple to submit confirmation letters and notices of court related to SEC proceedings by 14 days ๐Ÿ‘จโ€โš–๏ธ

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India considers banning cryptocurrencies while promoting the adoption of CBDC digital rupees ๐Ÿ‡ฎ๐Ÿ‡ณ

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IMF economist: The global battle against inflation is about to be won

The International Monetary Fund (IMF) said in its latest global outlook that global inflation is expected to fall to 3.5% by the end of 2025, thanks in large part to the resilience of the global economy. Global inflation has suppressed risky assets such as cryptocurrencies and technology stocks.

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Polymarket will crack down on U.S. users since U.S. citizens aren't allowed to trade on the website.

The crypto betting site has become popular for political betting, specifically its Donald Trump vs. Kamala Harris poll, which already has nearly $2.3bn in volume.

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The 11.5k Bitcoins transferred by Tesla are likely still owned by the company. The transfer, worth almost $780m, was likely just wallet rotations, as clarified by Arkham Intelligence.

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