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🔐 Swan introduces "collaborative custody" service with Blockstream's Jade hardware wallet! - Users maintain ultimate control of their #bitcoin while ensuring secure offline storage - Multi-signature wallet scheme + third-party assistance for backup & transfer - Addresses demand for both security & user-friendly experience in #crypto storage What are your thoughts on collaborative custody? Share in the comments! 💬✨

🔐 Swan introduces "collaborative custody" service with Blockstream's Jade hardware wallet!

- Users maintain ultimate control of their #bitcoin while ensuring secure offline storage

- Multi-signature wallet scheme + third-party assistance for backup & transfer

- Addresses demand for both security & user-friendly experience in #crypto storage

What are your thoughts on collaborative custody? Share in the comments! 💬✨

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🚨 Breaking News! President Joe Biden has ordered a halt to operations at a cryptocurrency mining facility near Warren Air Force Base in Wyoming, citing national security concerns. The facility, run by British Virgin Islands company MineOne and majority-owned by Chinese nationals, is within a mile of a U.S. nuclear missile base. The White House claims the company failed to get clearance from the Committee on Foreign Investment in the United States (CFIUS) before setting up shop. The presence of foreign-sourced technology for crypto mining on the property is a significant concern, according to the Department of the Treasury. What do you think of this move? Does the crypto industry pose a threat to national security? Share your thoughts below! 👇
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🚀 Crypto Politics: A heated debate has sparked over whether crypto should be a deciding factor in voting for U.S. politicians. Critics argue that supporting a candidate solely for their pro-crypto stance compromises other important issues. However, with increasing hostility towards crypto from U.S. regulators, some believe it's a crucial political issue. Republicans are seen as more crypto-friendly, leading some industry figures to align with them for better crypto policy. While critics question the sincerity of former President Trump's recent crypto endorsement, his support is welcomed by an industry feeling under siege. What's your take? Comment below! 👇
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📉 Hong Kong-listed spot crypto ETFs experienced heavy outflows on Monday, with investors pulling nearly $40 million from six bitcoin and ether ETFs. This follows bitcoin's drop below $61,000 last Friday. The spot bitcoin ETFs from issuers ChinaAMC, Harvest Global, Bosera, and Hashkey saw a combined $32.7 million outflows, significantly higher than previous outflows. The spot ether ETFs also saw $6.6 million in outflows. This marks the first time all six crypto ETFs reported negative flows since their launch on May 2. What's your take on this? Share your thoughts in the comments! 💭
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🚨Crypto trading firm FalconX has agreed to pay $1.8 million to settle charges from the Commodity Futures Trading Commission (CFTC). The firm was accused of violating commodities laws by failing to register as a futures commission merchant. FalconX's "Edge" product acted as a crypto prime broker, offering institutional clients access to various crypto exchanges to trade derivatives. However, the firm was not properly registered with the CFTC. FalconX has since enhanced its approach to collecting customer-identifying information, leading to a loss of half of its customers. The CFTC acknowledged FalconX's remediation efforts and cooperation, resulting in a lower penalty. What are your thoughts on this? Let's discuss in the comments! 💬
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📣Crypto Update: Bitcoin's rally over the past 72 hours has seen it recover from last week's dip, with the world's largest crypto now trading at $62,700, up 2% over the past 24 hours. However, with the spot bitcoin ETF buying slowing, macro factors are now more influential. This week, three major economic reports are expected to trigger more volatility. The U.S. inflation reports, namely the Producer Price Index (PPI) and the Consumer Price Index (CPI), are due to be released on Tuesday and Wednesday respectively. The CPI report, in particular, is expected to have a significant impact. Additionally, on Wednesday, the U.S. government's retail sales report for April will be released, providing another key data point. What are your thoughts on these upcoming events and their potential impact on Bitcoin's performance? Let's discuss in the comments! 💬
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