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Bitcoin rallies thwarted by fading Fed rate cut odds, softening US macro

Bitcoin continued to sell near $90,000 as investors reacted to weak US jobs data and slowing economic growth by shifting into safer assets.

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Canada, US To Begin Formal USMCA Review Talks In Mid-January

Canada and the United States will commence formal discussions to review their free trade agreement in mid-January. read more

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How cheap power turned Libya into a Bitcoin mining hotspot

Libya’s cheap power fueled a hidden Bitcoin mining boom, straining the grid and forcing authorities into an escalating crackdown.

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US Senate confirms pro-crypto Selig to lead CFTC, Hill for FDIC

Mike Selig pledged to make crypto a priority when he was picked to lead the CFTC in October, while Travis Hill has been speaking out against crypto debanking.

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EU agrees €90bn loan to Ukraine after frozen Russian asset plan fails

Money to be borrowed against bloc’s budget after leaders fail to agree on proposal using Moscow’s funds

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Japan raises interest rates to highest level in 30 years

Yields on 10-year government bonds exceed 2% for first time since 2006 after central bank’s fourth rate increase

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investingLive Asia-Pacific FX news wrap: USD/JPY inches higher still

BofA warns of building stock bubble risk but sees more upside in AI Bank of England (BoE) set to cut rates as inflation slows, but easing seen as limited US approves $10bn-plus arms sales to Taiwan, China defence stocks index hits 2 mth high Japan signals FX vigilance, leans against yen weakness with verbal intervention…

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Dogecoin ‘Key Support’ At Level Where 28 Billion DOGE Changed Hands, Says Analyst: What It Means For The Popular Memecoin

Dogecoin (CRYPTO: DOGE) extended its losses on Wednesday, mirroring a read more

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Chris Murphy Says No Fentanyl Coming From Venezuela, Terms Trump’s Caribbean Strikes As Illegal: Only Congress…Can Authorize War’

Sen. Murphy slams US strikes in Caribbean & Eastern Pacific, citing lack of legal authorization & national security rationale. Waste of taxpayer money. read more

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Bernie Sanders, Elon Musk Exchange Sharp Words Over Call For AI Data Center Moratorium: ‘They’re Cowards’

Elon Musk and Sen. Bernie Sanders clashed publicly after Sanders called for a moratorium on new AI data centers over job losses and power use, prompting Musk to dismiss the proposal as cowardly while Sanders fired back that AI should serve workers, not billionaires. read more

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