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🇧🇹 Bhutan has mined
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🚨 Parataxis Holdings to Launch South Korea’s First Bitcoin Treasury Company 📢 In a bold and strategic move, Parataxis Holdings has announced plans to acquire a majority stake in Bridge Biotherapeutics — a biotech firm — with the intent to transform it into South Korea’s first Bitcoin Treasury company. 🔗 The plan? Hold Bitcoin as a reserve asset, aligning with a growing global trend of institutional crypto adoption. 🏦 This marks a historic shift in South Korea’s financial and corporate landscape, blending biotech innovation with the financial future of decentralized assets. 💡 As Bitcoin increasingly earns its place on corporate balance sheets, Parataxis is leading the charge in Asia’s fourth-largest economy. #Bitcoin #ParataxisHoldings #DigitalAssets #Crypto #SouthKorea https://coingape.com/parataxis-holdings-to-launch-south-koreas-first-bitcoin-treasury-company/
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🗣 "When I found Bitcoin, I was in despair." – Michael Saylor 📢 Now he’s one of its loudest believers. 🔥 Bitcoin isn’t just money — it’s a mission. #Bitcoin #Saylor #CryptoMindset
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🚫 No, the US Government Isn’t Seizing XRP Escrow — Ripple Lawyer Shuts Down Rumors 🛑 🏛 Speculation has been swirling about the U.S. government potentially seizing Ripple’s XRP escrow for national reserve use. But Ripple-affiliated lawyer Bill Morgan is setting the record straight: 📢 "There is no basis for this claim." 🇺🇸 Despite growing chatter about the US integrating XRP into federal reserves, Morgan has firmly denied any such move, labeling it pure speculation. 🔍 Why it matters: ◾️ Shows how quickly misinformation spreads in the crypto space ◾️ Highlights the importance of legal voices in cutting through the noise ◾️ Reflects ongoing intrigue around XRP’s potential role in institutional finance ✅ Always verify before you amplify. #XRP #Ripple #Crypto #DigitalAssets #Blockchain https://coingape.com/lawyer-denies-rumors-about-us-seizing-xrp-escrow-for-reserve/
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💣 "Crypto Will Nuke" – James Wynn Doubles Down on $70M BTC Short Amid Global Tensions 📢 Controversial crypto trader James Wynn is making headlines again — this time by expanding his $70M short position on Bitcoin, citing rising geopolitical tensions between Iran and Israel and fears of a broader conflict. 🔻 BTC has slipped 1.69% to $103,500, and Wynn believes this could be just the beginning of a deeper market correction. ⚠️ Despite being a long-term bull on Bitcoin and crypto, Wynn warns that a major downside move is likely before any sustainable bull run can begin. 💬 "Markets don’t rise in a straight line, especially not in times of potential global conflict," says Wynn. 👉 Whether you agree or not, it's a powerful reminder of how macro events can shake even the most resilient assets. #Bitcoin #Crypto #MarketOutlook #Geopolitics #Web3 https://coingape.com/crypto-market-will-nuke-says-james-wynn-while-extending-his-btc-short-position/
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⚠️ Circle Employees Lose $3B Despite CRCL's 700% Stock Surge – Chamath Weighs In 🔥 While Circle (CRCL) stock is on fire — up 700% since its IPO and another 20% on Friday — the story behind the scenes tells a different tale. 📊 According to investor Chamath Palihapitiya, Circle employees lost nearly $3 billion in equity value due to the traditional IPO process, which forced the sale of 14.4 million shares just to go public. 💬 “This wouldn’t have happened with a SPAC,” Chamath noted, reigniting the IPO vs. SPAC debate. 🔍 Key Takeaways: ▫️ CRCL’s blockbuster debut didn’t benefit insiders as expected ▫️ Traditional IPO mechanics may be outdated for modern Web3 companies ▫️ Raises important questions about fairness and liquidity for early employees 🌐 Should more crypto-native companies consider alternative listing paths? #IPO #Circle #CRCL #Crypto #Web3 https://coingape.com/circle-employees-lost-3-billion-despite-crcl-stock-rally-by-700-says-chamath-palihapitiya/
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