According to Matrixport's chief strategist, institutional investors "haven't given up on cryptocurrencies," with recent data showing that as much as 85% of bitcoin purchases are made by U.S. institutional users.

The recent surge of APTs may be related to the crazy buying in the Korean community. The 24-hour trading volume of South Korea’s APT/KRW on Upbit, South Korea’s largest exchange, exceeded the sum of Binance’s multiple trading pairs, reaching $566 million at one point.

The Supreme Court of Panama will make a final decision on the cryptocurrency legislation passed last year (t.me/telonews_cn/10…), which will affect the future of the local cryptocurrency industry.

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Alibaba (Alipay), Tencent (WeChat), Binance, Visa, MasterCard and Animoca participated in a recent consultation for the Hong Kong government on regulating cryptocurrencies and stablecoins.

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Russia’s largest bank, Sberbank, will launch its DeFi platform by May 2023.

Google invested $300 million in artificial intelligence startup Anthropic. Previously, SBF also invested $500 million in the startup

The leading cryptocurrency exchanges, such as Binance, Bybit, Bitmex, and Bitfinex, announced that they would use the assistance plan to support the victims of Turkey's catastrophic earthquake.

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The recent Bitcoin price action has closely mirrored the 2017-2018 price drop pattern.

Binance said a full audit of its assets and liabilities remains a challenge as big accountants are still learning about the cryptocurrency industry, which lacks agreed-upon standards for challenges such as price volatility.

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The BUSD-USDT hourly trading volume reached 500 million USD.

According to Celsius’s lawyers, the company’s token, CEL, may sell for $0.20 during the bankruptcy recovery process, compared with the current market price of $0.5365.

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In 2022, cryptocurrency scam revenue will drop from $10.9 billion in 2021 to $5.9 billion, a drop of 46%.

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