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News 2025 November 24, 06:01 (9 hours ago )

6 Hours Crypto Highlights: Bitcoin, Ethereum, Power Theft, Regulation, Predictions – The Market in Motion

Bitcoin has shown a notable bounce as speculation grows around potential rate cuts from the Federal Reserve, with analysts indicating that such moves could positively influence the #crypto market. Meanwhile, illegal crypto miners in Malaysia have reportedly drained the grid, causing $1 billion in power theft, raising concerns about regulatory responses in the region. 💡

In a significant development, a major crypto investment firm has cashed out $436.5 million in USDC, resulting in a 24% slump for the token in just a week. This move has sparked discussions about liquidity challenges and investor confidence. Additionally, Grayscale is preparing to launch DOGE and XRP ETFs on the NYSE on November 24, which could influence market dynamics. 🐶