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(Bloomberg) -- The last major bear market nearly wiped out the entire crypto-lending industry. Now, it’s staging a major comeback, with a new breed of creditors looking to step into the void and satisfy the market’s perennial appetite for debt. Most Read from BloombergChicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsDespite Cost-Cutting Moves, Trump Plans to

Crypto Whale Who Made Millions on Leverage Trading Is a Convicted Fraudster: ZachXBT

According to data from JPMorgan, net buying of the stock by retail investors was positive for 12 consecutive days, totaling $7.3 billion.

"Reducing the Federal Reserve's balance sheet is an important part of normalizing monetary policy implementation and reducing unneeded reserves in the banking system," Waller said in a statement explaining his dissent on the balance sheet decision included in the policy statement issued by the central bank on Wednesday. "There is no evidence from money market indicators or my outreach conversations that the banking system is getting close to an ample level of reserves," Waller said.

South Korean authorities are ramping up efforts to regulate the crypto market, focusing on exchanges believed to be operating without proper licensing.

Tokyo-based investment firm Metaplanet has announced the appointment of Eric Trump to its Strategic Board of Advisors.

(Bloomberg) -- Federal Reserve Governor Christopher Waller said the banking system still has enough reserves for the central bank to keep its monthly runoff of Treasury securities unchanged.Most Read from BloombergChicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats o

Metaplanet, a Japanese company with 3,200 Bitcoin in its holdings, has appointed US President Donald Trump's son Eric to its board of advisors.

Quantum Computing's fourth-quarter loss soared on expenses related to a merger three years ago, and shares fell Friday.

Bitcoin ETFs are seeing continued outflows as investors cash in on profits, says CF Benchmarks CEO Sui Chung.