BTC traded close to $36,400, having tanked over 4.5% to $35,700 Tuesday. BNB changed hands at $234, recovering from the overnight low of $223.
With this plea deal, the expectations for a spot Bitcoin ETF might have increased to 100% as the industry will be forced to follow the rules that TradFi firms must follow.
This industry's whitewashing will strengthen the Bitcoin adoption case for institutional players and will likely become a safe-haven asset in investors' portfolios.
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