Crypto Patel
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Welcome to the CP community. We provide you Crypto-Trading Charts, calls, updates & news with good accuracy.

Do your own research before investing in any cryptos mentioned in the CryptoPatel channel.

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#Bitfinex announces loan repayment to Tether ( #USDT )
About $439M of Positions Gets Liquidated Due to #BTC  Drop Below $63,000

$146M on #Binance;
$72M on #OKEx;
$57M on #Bybit_Official;
$43M on #FTX_Official;
$42M on #BitMEX;
$30M on #HuobiGlobal;
$24M on #Bitfinex;
$16M on #DeribitExchange.
Today’s Crypto Highlights:

1. 🌌 Cosmos Chain Split?: Cosmos founder suggests a split; ATOM drops 3%. #Cosmos #ATOM
2. 💼 Grayscale’s Growing Confidence: Narrowest GBTC discount to NAV since July 2021, thanks to ETF optimism. #Grayscale #ETF
4. 💥 Ripple’s Big Move: Acquisition of Metaco draws banks closer to #Ripple. #XRPArmy #Fintech
5. ⚖️ Tether & Bitfinex Legal Update: Dropping opposition to NY FOIL request. #Tether #Bitfinex
6. 🎨 Blur Token Soars: Up 22% amid Binance listing and NFT excitement. #BlurToken #NFTs
Big Update from India 🇮🇳

India enforces a shadow BAN on major
#crypto exchanges, labeling their operations as illegal in the country.

#Binance
#Kucoin
#Gate.io
#Huobi
#Kraken
#Bittrex
#Bitstamp
#MEXC and
#Bitfinex have received compliance Show Cause Notices from the Financial Intelligence Unit India (FIU IND).

The notices highlight concerns about their operations not complying with the provisions of the Prevention of Money Laundering (PML) Act in India.

In response, FIU IND is urging the Ministry of Electronics and Information Technology to take action by blocking the URLs of these nine entities.


Official Source: https://pib.gov.in/PressReleasePage.aspx?PRID=1991372
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