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TikTok U.S. Joint Venture Boosts Stock and Bitcoin Markets

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TikTok's U.S. joint venture with Oracle and other firms boosted Bitcoin news sentiment, easing regulatory fears and lifting both stocks and Bitcoin. The new entity, TikTok USDS Joint Venture LLC, will operate in the U.S. with 50% owned by the investment group. Bitcoin rose 2.82% on the day, while the fear and greed index showed a shift toward optimism. Equity markets also saw gains alongside the crypto rally.
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