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TikTok Calls Elon Musk Acquisition Rumors ‘Pure Fiction’ Ahead of US Ban

Social media platform TikTok has refuted reports that China is exploring the sale of the app’s U.S. operations to Elon Musk, calling the claims “pure fiction.” The rumors originated from a Bloomberg report suggesting Chinese officials were evaluating Musk’s acquisition of TikTok’s U.S. assets to circumvent a potential ban under U.S. legislation set to take effect on January 19. The…

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As Israel, Iran Tensions Rattle Markets, Will Bitcoin Act as a Safe Haven?
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Bitcoin Reclaims $96,000 Mark After Hitting Lowest Price Since November

Bitcoin has reclaimed $96,000 after a rough start to the week. At time of publication, the leading cryptocurrency is trading at around $96,580, up 5.8% in the past 24 hours, according to CoinGecko data. The sudden jump comes amid reports that President-elect Donald Trump is preparing to issue a pro-crypto executive order shortly after his inauguration. Sources told Decrypt earlier…

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Sony Announces Web3 Content Strategy Utilizing Soneium
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Sony Announces Web3 Content Strategy Utilizing Soneium

Sony, the Japanese electronics and entertainment giant, has announced the launch of a comprehensive Web3 content strategy utilizing Soneium, its in-house developed Ethereum Layer 2 platform. Sony to Host Exclusive Content on Soneium Blockchain Sony, the multi-billion media and electronics company, is finally embracing blockchain in its distribution apparatus. With the recent launch of Soneium, […] Source: https://news.bitcoin.com/sony-announces-web3-content-strategy-utilizing-soneium/

BTC below $91K, Dollar at 2-year High, AI Crypto faces Deep sell-off
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BTC below $91K, Dollar at 2-year High, AI Crypto faces Deep sell-off

BTC below $91K, Dollar at 2-year High, AI Crypto faces Deep sell-off BTC below $91k on strong dollar & inflation fears. MicroStrategy buys $243m more BTC. BTC consolidates below 20-day EMA. BTC dominance rises, XRP outperforms. Two more US states consider BTC reserves. Bessent to divest $250-500k BTC ETF holdings. FDIC official criticises crypto restrictions. FTX to start repaying creditors…

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Swiss Crypto Bank Sygnum Joins Unicorn Club With $58 Million Growth Round

Swiss digital asset banking group Sygnum has raised $58 million in an oversubscribed strategic growth round, pushing its valuation beyond $1 billion. Bitcoin-focused venture capital firm Fulgur Ventures led the final close as cornerstone investor, joining new and existing strategic investors alongside Sygnum team members. Notably, the co-founders, board, and team members maintain majority ownership. The banking group manages over…

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Tether Relocating to El Salvador After Receiving Stablecoin Issuer License
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Tether Relocating to El Salvador After Receiving Stablecoin Issuer License

Tether, the company behind USDT, has announced its imminent relocation to El Salvador after receiving a stablecoin issuer license. Paolo Ardoino, CEO of Tether, described this move as a natural progression that will allow the company to strengthen its focus on emerging markets. Tether Moves to El Salvador to Focus on Emerging Markets Tether, one […] Source: https://news.bitcoin.com/tether-relocating-to-el-salvador-after-receiving-stablecoin-issuer-license/