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  • Bitcoin has seen significant volatility, recently rebounding to over $90,000 after dipping to a seven-month low, with factors like interest rate uncertainty and market sentiment influencing its price movements.
  • The Bank for International Settlements has raised concerns about the surge of tokenized money market funds, now valued at $9 billion, noting new risks associated with liquidity and contagion as their adoption increases.
  • S&P Global Ratings has downgraded Tether's USDT stability rating, citing risks linked to Bitcoin's volatility as it plays a major role in the stablecoin's reserves, leading to concerns over its dollar peg.
  • Major developments in regulatory frameworks are underway, including the SEC's 2025 agenda aimed at enhancing oversight in the crypto ecosystem, alongside various nation-states looking to integrate cryptocurrencies into their financial systems.
  • New ventures and acquisitions within the crypto space continue to grow, with firms like Binance targeting high-net-worth individuals and companies like Naver set to acquire Dunamu in a deal focused on stablecoin expansion.

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