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    Bitcoin drops below $75,000 as strong US jobs data and ETF outflows weigh on crypto markets

    The price of Bitcoin has recently fallen under $75,000, as strong US job data signals potential tightening of monetary policies. Trading at $74,796, Bitcoin is dealing with considerable strain from ETF outflows and liquidations. Analysts predict that regaining the $76,000 threshold could enhance its prospects. Additionally, Ethereum is under pressure, requiring a rise above $2,230 to gain any positive traction in the current volatile cryptocurrency market.

    Coinbase flags issues with DOT deposits, withdrawals

    Coinbase has shared that some users might be seeing delays when sending or receiving on the DOT network.

    Grey zone in Indian payment laws: Crypto goes shopping in rupee using QR-linked loophole

    Unified payments interface is now being used for buying cryptocurrencies through applications like goat.cash. Consumers can conveniently convert their cryptocurrencies, such as USD Coins, to pay vendors for goods. This involves scanning QR codes and entering necessary details, which facilitates quick transactions. Intermediaries help complete the process by converting USDC to rupees for vendors. Additionally, stable coins often trade at a premium within the Indian market.

    Trump administration's embrace of "perp" futures sets off risk alarms for Wall Street stalwarts

    The decision by the Trump administration to launch perpetual futures has sparked significant worry among market stakeholders. Leaders from established exchanges contend that these offerings might disrupt existing market dynamics and risk assessment practices. They claim that perpetual futures ought to be categorized as swaps due to their unique trading characteristics. Moreover, ongoing trading raises alarm about liquidity and counterparty risk, especially in turbulent market conditions.

    Bitcoin-BTC, Ether Prices crash to lowest since August: Why are Cryptocurrencies down?

    Bitcoin-BTC, Ether and Cryptocurrencies were down after US midterm election results stoked fears that a Democratic Party-controlled US Congress will toughen regulation on the asset class.

    Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets

    Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest daily gains, major cryptocurrencies remained under weekly pressure, with ETF outflows, macroeconomic data and market volatility influencing investor appetite.

    The Economic Times
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