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In November, shortly after Trump’s victory in the US presidential race, Sigel reportedly said the odds of the US greenlighting a SOL ETF in 2025 are now “overwhelmingly high.”
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According to online reports, BPCE’s Hexarq is all set to start offering cryptocurrency investment services within the Banque Populaire and Caisse d'Épargne networks in 2025.
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Many within the crypto industry want to see Crenshaw gone, with Coinbase CEO Brian Armstrong describing her as a “failure of an SEC Commissioner” in a Dec. 9 post to X.
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Lizarraga said he plans to depart the agency on Jan. 17 to spend time with his wife, who is fighting breast cancer.
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On Nov. 21, current SEC Chair Gary Gensler announced that he would resign from the agency on Jan. 20, 2025.
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If Crenshaw is re-nominated, she would be the only Democratic SEC commissioner.
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A sudden dip in the price of Bitcoin wiped out $300 million of long positions in the market as its price fell 5.47% within minutes on Dec. 5, briefly dipping just below $93,000.
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Despite Bitcoin’s rise to $100,000, it still boasts an army of critics — most notably Berkshire Hathaway’s Warren Buffett, JPMorgan’s Jamie Dimon and financial commentator Peter Schiff — who incorrectly predicted that Bitcoin would never hit $100,000 in November 2019.
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Mark Williams argued that Satoshi built a poorly designed Bitcoin supply schedule that fails to factor in the “ebbs and flow” of economic cycles.
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FT Alphaville opinion writers have attacked Bitcoin from virtually every angle, including its pseudonymous creator, Satoshi Nakamoto, who was likened to a “reckless” doctor overprescribing drugs by a former United States Federal Reserve risk examiner in 2014.
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he so-called “apology” didn’t go down well with the crypto community.
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It has also portrayed Bitcoin’s price as an “arbitrary hype gauge that’s disconnected from any utility,” Elder noted, adding that FT Alphaville continues to “stand by every single one of those posts.”
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FT Alphaville has staunchly argued Bitcoin is a “negative-sum game” that is “chronically inefficient” as a means of exchange and “compromised” as a store of value.
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”We’re sorry if at any moment in the past 14 years you chose based on our coverage not to buy a thing whose number has gone up. It’s nice when your number goes up,” said Bryce Elder, city editor of FT’s op-ed section, Alphaville.
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FT Alphaville — a daily news commentary service created by the Financial Times — was slammed on X after it issued a spiteful “apology” to Bitcoiners as the asset breached $100,000 on Dec. 5.
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The US has the most Bitcoin ATMs, with 31,647 machines representing over 81% of the global market. Canada ranks second, at 7.8% of the market with 3,022 crypto ATMs.
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AlgosOne is also preparing to launch a Web3-enhanced version of its platform, designed to deliver greater personalization, improved user experiences and more adaptive security measures.
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With an intuitive interface and automated functionality, AlgosOne empowers users to engage with financial markets easily, removing traditional barriers to entry. Its transparent fee structure, which includes no charges for losing trades, underscores its commitment to fairness and accessibility.
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Security and transparency are also fundamental to AlgosOne’s operations. The platform employs robust measures to protect user funds, including a dedicated reserve fund and real-time threat detection systems.
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AlgosOne’s strength lies in its ability to harness cutting-edge AI to deliver a seamless and secure trading experience. By employing advanced algorithms, the platform processes market data at scale, delivering actionable insights that align with changing conditions.
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