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The memecoin market has erased all of the gains that followed Donald Trump’s presidential victory in November 2024, having lost more than half of its value since December.
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Responding to the restriction, Upbit said in a statement that it has reviewed the necessary improvements and has completed the necessary corrective measures.
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Bybit has continued to honor customer withdrawals and had fully replaced the stolen $1.4 billion in Ether by Feb. 24, just three days after the attack.
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“Primarily, it matters most if Bybit can indeed absorb that loss as claimed. So far, withdrawals have been honored, and all seems good,” Hughes added.
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In an announcement on Feb. 22, Zhou thanked the crypto community for its outpouring of support, writing: “Within 24 hours of the event, we were overwhelmed with support from some of the best people and organizations in the industry, and we do not take it for granted. We have shared in a dark moment of crypto history.”
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https://warpcast.com/danaver94/0xee7adf18
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Opposition lawmaker Leandro Santoro told Reuters he would be launching a request to impeach the president.
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Some analysts have also raised concerns about the project after discovering that Libra’s website domain was created hours before launch, and there is no public owner information.
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KIP Protocol, a Web3 company that builds AI payment infrastructure, has said it was the tech consultancy company hired to help distribute project funds to local businesses in Argentina. However, it says it didn’t create the token or act as a market maker.
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Reports suggested Trump was planning on signing an executive order potentially related to crypto, but the White House had not announced anything at the time of publication. Neither digital assets nor blockchain appeared on the administration’s list of policy priorities as they were first published on Jan. 20.
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Since taking the oath of office at 12:00 pm ET, Trump has not mentioned digital assets or blockchain on his first official day as US president. He had also pledged to commute the sentence of Silk Road founder Ross Ulbricht.
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In 2023, Ramaswamy — who earned most of his $1 billion net worth from founding biotechnology startup Roivant Sciences — campaigned against Trump in the Republican presidential primary.
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Ramaswamy, an outspoken ally of President-elect Donald Trump, founded Strive in 2022. The asset manager aims to help investors “harness the power of capitalism,” according to Strive’s website.
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Other companies have followed suit. Corporate treasuries now hold about $56 billion worth of BTC, according to BitcoinTreasuries.NET.NET.
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MicroStrategy has financed its buys by issuing a mixture of new stock and convertible bonds. Its bonds pay low or no interest but may convert to MSTR shares under certain conditions.
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Its stock, MSTR, has since gained more than 2,200%, outperforming practically every sizeable public company except Nvidia.
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Strive has not yet specified the management fees investors will be charged, but actively managed funds typically charge more than passive index funds.
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The Strive Bitcoin Bond ETF will be actively managed and will gain exposure to Bitcoin bonds either directly or through financial derivatives such as swaps and options, Strive said.
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The ETF seeks to offer exposure to “Bitcoin Bonds,” described as “convertible securities issued by MicroStrategy” or by other companies that plan to “invest all or a significant portion of the proceeds to purchase Bitcoin,” according to the filing.
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Strive, an asset manager founded by Vivek Ramaswamy, asked United States regulators for permission to list an exchange-traded fund (ETF) investing in convertible bonds issued by MicroStrategy and other corporate Bitcoin buyers, according to a Dec. 26 filing.
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