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World Bank Aid in Bitcoin: Up to 6% Diverted to Crypto, Study Finds
A new NBER study reveals that 2 to 6 cents of every World Bank aid dollar eventually flows into Bitcoin wallets. Researchers tracked on-chain activity spikes that coincide with aid disbursements, highlighting growing crypto adoption in developing countries.
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Bitcoin Path to $97K: Weak Jobs Data Boosts Rally
Bitcoin is breaking key resistance levels as weak U.S. jobs data shifts Federal Reserve rate expectations. Analysts at 21shares now see a potential path to $97K, with institutional demand and favorable macro conditions driving the rally into Q4.
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Crypto Market Pulls Back: Bitcoin Dips Below $85K Amid ETF Uncertainty
The crypto market is pulling back, with Bitcoin dropping to $84,622, Ethereum to $2,677, and Solana to $119.58. Mixed ETF flows and macroeconomic caution are driving the current correction, reminding investors to stay disciplined and secure their holdings.
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SEC Innovation Exemption Limits Tokenized Stocks in the US
Robinhood’s crypto chief Johann Kerbrat says the SEC’s innovation exemption is creating barriers for bringing tokenized stocks to US investors. The company is still reviewing the regulatory framework before launching any tokenized equity products domestically.
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Philippines Central Bank Cuts Off Coins.ph: What It Means for Crypto
The Philippine central bank has suspended inbound bank transfers to Coins.ph, one of the country’s most established crypto platforms, without revoking its crypto license. The move highlights the growing tension between traditional banking rails and crypto adoption, leaving millions of Filipino users to seek alternative on-ramps and self-custody solutions.
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Aave Founder Proposes Foundation to End Token-Equity Duality
Aave founder Stani Kulechov has proposed creating an independent Aave Foundation to end the long-standing tension between the AAVE token and Aave Labs’ equity. The move aims to give the DAO more control over the protocol’s brand and strategic assets.
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Coinbase Stock Drops 3% After Weak US Jobs Report: What It Means for Crypto
Coinbase stock fell 3.32% to $183 on Friday after weak US payrolls data showed just 29,000 jobs added in September. Here’s what the jobs report means for COIN shares and the broader crypto market outlook.
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Hyperliquid’s $15M USDC Buyback Strategy for HYPE Explained
Hyperliquid is setting aside approximately $15 million in USDC yield to buy back its native HYPE token. This sustainable buyback strategy could help stabilize the token’s value while rewarding holders. Here’s what you need to know.