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"UAE's $40B Bitcoin Holdings: A Game-Changer for Crypto Adoption"
Manage episode 457113588 series 3520873
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In this episode of Chain Train, we cover key developments in the crypto space. Bitcoin’s price has dropped to $95k due to the Fed’s hawkish stance, while the UAE has accumulated $40 billion in Bitcoin to reduce its oil dependency. The EU demands Tether’s compliance with MiCA regulations, and Bitwise launches a Solana staking product. Meanwhile, North Korean hackers are behind $1.34 billion in crypto thefts in 2024. The episode explores these shifts and their market impact.
Reference:https://www.linkedin.com/newsletters/chain-train-7126277052151844864/
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