This week’s Crypto Biz features Circle’s decision to discontinue consumer accounts, the SEC lawsuit against SafeMoon, Worldcoin’s latest milestone and X’s valuation nosediving a year after Elon Musk took it over.
The crypto industry continues to anticipate the approval of a spot Bitcoin exchange-traded fund in the United States as more investment managersThe high level of anticipation has even caused the Chicago Mercantile Exchange to leap positions among derivatives exchanges in terms of Bitcoin open interest, overtaking traditional crypto exchanges and highlighting the demand for a spot Bitcoin product. The CME also saw its cash-settled futures contracts exceed 100,000 BTC in volume recently.
This week’s Crypto Biz also features Circle’s decision to discontinue consumer accounts, while X’s valuation has nosedived a year after Elon Musk took it over.will close out consumer or individual accounts
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