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Cryptocurrency

What is the impact of Terraform Labs’ bankruptcy on the cryptocurrency market?

Cryptocurrency firm Terraform Labs files for bankruptcy in US bbc: The cryptocurrency company behind the crashed TerraUSD and Luna tokens has filed for bankruptcy in the US. The bankruptcy of Terraform Labs is a major blow to the cryptocurrency market. It is likely to further erode investor confidence and lead to a further decline in […]

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Cryptocurrency

What does the confirmation of Bitcoin addresses for repayment mean for Mt. Gox creditors?

Mt. Gox confirms creditors’ Bitcoin addresses for repayment cointelegraph: After launching bank repayments in December 2023, the Mt. Gox trustee is getting ready to start repayments of BTC and BCH on Bitstamp and Kraken accounts. The confirmation of Bitcoin addresses for repayment marks a significant milestone in the Mt. Gox rehabilitation process, bringing creditors closer […]

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Cryptocurrency Trending

Why is there criticism of BlackRock’s involvement in Bitcoin ETFs?

There are several reasons why some people in the cryptocurrency community are critical of BlackRock’s involvement in Bitcoin ETFs. Some of the most common objections include: What are the potential benefits of BlackRock’s involvement in Bitcoin ETFs? Despite the criticism, there are also some potential benefits to BlackRock’s involvement in Bitcoin ETFs. Some of the […]

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Why are the newly launched Bitcoin ETFs attracting so much capital?

There are several reasons why the newly launched Bitcoin ETFs are attracting so much capital, including: What is the impact of the new ETFs on Grayscale Bitcoin Trust (GBTC)? The launch of the new Bitcoin ETFs has had a significant impact on GBTC. GBTC is a closed-end fund that tracks the price of Bitcoin. It […]

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Cryptocurrency

What is the significance of BlackRock’s spot Bitcoin ETF reaching $1 billion in assets under management?

BlackRock’s spot Bitcoin ETF reaching $1 billion in assets under management is a significant milestone for several reasons. First, it demonstrates the growing institutional interest in Bitcoin. BlackRock is the world’s largest asset manager, with over $10 trillion in assets under management. Their approval of a spot Bitcoin ETF signals to other institutional investors that […]

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Why is Donald Trump opposed to Central Bank Digital Currency (CBDC)?

Trump has expressed several concerns about CBDCs, including: What is the current status of CBDC development in the United States? The Federal Reserve, the US central bank, has been actively researching and experimenting with CBDCs, but it has not yet made a decision about whether or not to launch one. The Fed is carefully considering […]