Topic: #coins
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Bitcoin surges 7.9% to $77,000 as $1.2B short squeeze liquidates bearish bets
Bitcoin climbed 7.9% in 24 hours to around $77,137, triggering a short squeeze that liquidated roughly $1.21 billion in bearish positions amid favorable regulatory signals from Washington.
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Russia's Crypto Law Heads to Final Votes Tuesday
Russia's State Duma takes its final two votes on a landmark cryptocurrency bill that would license exchanges, cap retail investors at roughly $3,800 annually, and allow companies to pay foreign partners in Bitcoin and Ethereum to circumvent Western sanctions.
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XRP Ledger Tests Native Lending Protocol for Institutional Credit
Ripple announced developers can now test the XRPL Lending Protocol, a dual upgrade designed to bring institutional-grade lending infrastructure directly to the XRP Ledger. The system separates underwriting from on-chain execution, positioning it as the missing piece for Wall Street adoption.
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Mt. Gox Moves $739M Bitcoin as October 2026 Repayment Deadline Nears
Mt. Gox transferred 10,422 BTC from cold storage Tuesday, but the move does not signal an immediate sale or new creditor repayments. The defunct exchange has roughly 35,000 BTC left to distribute by October 31, 2026.