Bitcoin and the wider cryptocurrency market experienced a second day of selling on Thursday, as concerns over inflation and interest rate hikes resurfaced. The US House of Representatives passed a debt ceiling deal, which now awaits approval from the Senate. Meanwhile, Kraken has seen a 25% increase in customer deposits in Canada since Binance and OKX announced their withdrawal plans, thanks to the country's tightened regulatory framework. Finally, OPNX, co-founded by the principals of failed crypto hedge fund Three Arrows Capital, has launched a new governance coin called OX, designed to reduce trading fees on the platform.
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