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Crypto Funds Draw Most Inflows in 3 Weeks Despite China’s Crypto Crackdown

Crypto funds are drawing the most new money in three weeks, even amid China’s crackdown on cryptocurrencies. New data on weekly crypto asset flows reveals investors pumped $95 million into digital asset products last week, more than double the prior week. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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El Salvador Pres. Nayib Bukele: Almost a Third of Salvadorans Are Using the Bitcoin Wallet

Almost a third of Salvadorans, or roughly 2.1 million people, are actively using the El Salvador government-run bitcoin wallet Chivo less than a month after the country adopted the cryptocurrency as legal tender, President Nayib Bukele said in a tweet. "The Hash" team discusses the latest on the state of crypto affairs and bitcoin adoption in El Salvador.

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Bobby Lee on China's Crypto Ban: 'Cryptocurrency Will Never Get Squashed,' Predicts Bitcoin Goes Up to $100-$200K by Year-End

Reacting to China's latest cryptocurrency crackdown outlawing crypto-related transactions as the country's most comprehensive and severe ban yet, Ballet CEO and former BTCC co-founder Bobby Lee discusses why bitcoin will always be around and thrive. "As a planet, cryptocurrency will never get squashed," he said. Lee also shared his take on the future of OTC trading in China as prominent crypto exchange Huobi Global announced it would stop serving existing China-based users by December 31. Plus, bitcoin's price prediction by the end of the year.

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El Salvador's Bitcoin Experiment and Expansion into Blockchain Innovation

As El Salvador continues to experiment with bitcoin and blockchain technology, the government has chosen asset tokenization company Koibanx to develop the country's blockchain infrastructure. Koinbanx CEO Leo Elduayen discusses the products they're building for El Salvador on the Algorand protocol. Fabrício Tota, director of Brazil-based crypto exchange Mercado Bitcoin, also shares his views on the impact of El Salvador's Bitcoin Law on the state of crypto in Latin America.

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The Domino Effect of El Savador’s Bitcoin and Blockchain Adoption on Latin America

Koinbanx CEO Leo Elduayen and Mercado Bitcoin Director Fabrício Tota join “Community Crypto” to discuss El Salvador’s bitcoin law and blockchain projects and their impact on adoption elsewhere, particularly in Latin America. “What El Salvador is doing is an example for the rest of the countries,” Elduayen said.

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Bitcoin, Ether Down as China's Central Bank Declares All Cryptocurrency Transactions Illegal; Can China Really Ban Crypto?

Bitcoin is trending lower after China's central bank declared all cryptocurrency-related business illegal, but how concerned should we be about China's crypto crackdown? Rayne Steinberg, CEO of crypto investment firm Arca, says it's primarily retail investors selling, and major institutions are not buying into this. "This really shows a diminishing power of China over the market and also a maturation of crypto and bitcoin," Steinberg said. Plus, insights into Arca's new partnership with Securitize to launch tokenized financial products.

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Is Today’s Rise in Bitcoin a Dead Cat Bounce?

Bitcoin (BTC) is recovering above its $40,000-$42,000 support zone after oversold signals appeared on the charts, but is this temporary? Martha Reyes-Hulme, Head of Research at crypto exchange and digital assets primer broker Bequant, discusses her crypto markets analysis and outlook, examining bitcoin’s correlation to the S&P 500 index and USD.

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Bitcoin Recovering, Faces Short-Term Resistance Near $46K

Bitcoin is recovering above its $40,000-$42,000 support zone with initial resistance seen at around $46,000 after global macro fears sent worldwide equities and crypto markets tanking Tuesday. Still, some suggest it's too early to call bitcoin's bottom. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Dfinity Foundation’s Internet Computer Blockchain Brings Smart-Contract Capabilities to Bitcoin Network

Blockchain company Dfinity’s Internet Computer Protocol (ICP) is integrating with bitcoin to enable smart contracts on BTC. Following a community vote to upgrade the network, it will allow developers to let their creativity run wild in developing all manner of Web 3.0 services, already seen on Ethereum from DeFi to NFTs.

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Bitcoin Eyes $3B September Options Expiry After Dropping to $40K

Major crypto options exchanges, including industry leader Deribit, will settle over $3 billion worth of bitcoin options contracts Friday. Analysts don't expect the monthly expiration to have a notable impact on bitcoin, which is under pressure this week due to macro risks and regulatory concerns. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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