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🚨UPDATE: @CRYPTOCOM ANNOUNCES PARTNERSHIP WITH @CANARYFUNDS TO ESTABLISH CANARY CRO TRUST FOR U.S. INVESTORS
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🚨UPDATE: THE SEC DELAYS DECISIONS ON $XRP AND $DOGE ETF PROPOSALS, SEEKING MORE PUBLIC INPUT
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🚨JUST IN: ETHEREUM DEX USERS SURGE TO 64,000, HITTING A 3-MONTH HIGH - THE BLOCK
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🚨JUST IN: ETHEREUM DEX USERS SURGE TO 64,000, HITTING A 3-MONTH HIGH
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STRIVE EYES MASSIVE 75,000 BITCOIN BUY FROM MT. GOX CLAIMS - Strive Enterprises, led by Vivek Ramaswamy, plans to acquire up to 75,000 Bitcoins tied to Mt. Gox bankruptcy claims. This comes via a strategic partnership with 117 Castell Advisory Group. Key Details: - Mt. Gox, once the largest Bitcoin exchange, collapsed in 2014. Since then, creditors have been locked in a decade-long wait to recover lost BTC. - Now, some of those claims—legally settled but unpaid—are becoming available for purchase. - Strive aims to buy these distressed Bitcoin claims below market price, offering investors discounted BTC exposure. - The plan is to boost Strive’s Bitcoin-per-share metric and generate long-term returns outperforming direct BTC holding. - Strive would join ranks with MicroStrategy and others by buying Bitcoin claims at a discount. Risk Driven Approach: - Strive targets legally resolved but undistributed claims, mainly the Mt. Gox estate's 75,000 BTC, and possibly similar sources. The filing highlights this as part of a value-driven, risk-managed approach. - Strive recently merged with Asset Entities Inc., aiming to boost scale and market access. - The merger is expected to accelerate Strive’s capacity to buy large Bitcoin quantities, supporting its goal to build a substantial BTC treasury. - Despite the plan’s promise, uncertainties remain. Mt. Gox is still reimbursing creditors, and the mechanics of acquiring these claims at a discount aren’t fully clear.
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🚨JUST IN: THE US SEC CHARGED UNICOIN AND THREE EXECUTIVES IN AN ALLEGED $100M FRAUD CASE
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