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The acquisition of ETC Group's $1 billion in assets under management takes Bitwise's AUM above $4.5 billion.

Bitcoin's share of the overall crypto market might be reaching a local top, according to one of crypto's leading investment firms

The crypto think tank argued that a 2021 amendment to 6050I, a law that requires certain transactions to be reported to the government, is unconstitutional.

The U.S. Federal Reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024, one more reduction than predicted last month, according to a slim majority of economists polled by Reuters who said a recession is unlikely. The change in Fed rate cut calls follows a weaker-than-expected July U.S. jobs report, which encouraged interest rate futures traders to price in as much as 120 basis points of reductions in 2024 earlier this month. Although some Fed officials have hinted rate cuts are coming, most economists in the Aug. 14-19 Reuters poll were not expecting a rapid series of rate cuts.

The Democratic presidential candidate outlined her economic agenda in her first major policy speech.

Enacting the law would need the support of the National Assembly.

The ruling may not necessarily mean crypto is legalized for salary payment in general, two Dubai-based lawyers told CoinDesk.