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Crypto News: Bitcoin's Volatile Surge, Binance CEO Resigns, Ripple's Acquisition, Binance Reserves!!
Crypto News: Bitcoin's Volatile Surge, Binance CEO Resigns, Ripple's Acquisition, Binance Reserves Report!! - In this week's Cryptocurrency News video, we will discuss, Bitcoin price surges as inflation hits 3.7% in the US: Bitcoin has experienced a volatile surge as the US CPI report showed higher than expected inflation, sparking mixed reactions from crypto traders and analysts. Binance US CEO quits amid regulatory woes: Binance US, the American arm of the world's largest crypto exchange, has announced that its CEO is leaving the company after less than a year, as it faces legal and operational challenges in the US market. Binance proves its solvency with the latest proof of reserves report: Binance has released its latest proof of reserves report, which shows that it holds enough reserves to cover all customer deposits for 31 cryptocurrencies. Ripple acquires Fortress Trust to expand regulatory licenses and WEB3 solutions: Ripple has agreed to acquire Fortress Trust, a financial institution that provides licensed Web3 financial, regulatory and technology infrastructure for blockchain innovators, as it seeks to expand its footprint in the crypto space. We will discuss all of this and more, so stay with us until the end of the video to get all the latest developments in the crypto world! - Watch Now👀
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