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BTC
The DC Circuit Court of Appeals has officially upheld Grayscale Investments' legal victory against the US Securities and Exchange Commission (SEC), shifting the responsibility back to the regulator.
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Amid a busy Monday, cryptocurrency news outlet Cointelegraph reported that the U.S. Securities and Exchange Commission (SEC) had supposedly approved of BlackRock's Ishares spot Bitcoin exchange-traded fund (ETF). 
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According to an article on CoinTelegraph, Bitcoin did not reach $100,000 during the 2021 bull market due to the assertion that the now-defunct exchange FTX continuously offloaded BTC.
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MicroStrategy acquired its most recent Bitcoin reserve with an average cost of $27,053 per coin, representing a 9% reduction compared to the average price of its entire BTC acquisition.
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This recent choice maintains the short-term benchmark rate at 5.25%, which is the highest it has been in 22 years, extending a streak of minimal rate adjustments.
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Today, the collapsed digital asset exchange FTX received approval from Judge John Dorsey overseeing its bankruptcy proceedings to proceed with the sale of billions of dollars in crypto assets. 
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The Financial Accounting Standards Board (FASB) unanimously approved changes in accounting and disclosure practices for cryptocurrencies, including Bitcoin and digital assets. 
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Seven prominent institutional firms in the United States have submitted applications for a spot Bitcoin exchange-traded fund (ETF), including BlackRock, the world's largest asset manager. This development has generated optimism and led to an upswing in Bitcoin prices.
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EDX Markets, a newly established cryptocurrency exchange supported by Citadel Securities, Fidelity Investments, and Charles Schwab, has discreetly entered the market with the aim of attracting brokers and investors interested in digital assets.
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On Wednesday (US time - Thursday AU time), the U.S. House of Representatives, divided along party lines, approved a bill to temporarily suspend the $31.4 trillion debt ceiling. The legislation received majority support from both Democrats and Republicans, enabling them to overcome opposition from hard-line conservatives and prevent a disastrous default.
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