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Happy Christmas Eve from Doric Network! 

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A UK court has denied James Howells' attempt to recover a hard drive containing approximately $770 million in Bitcoin, ruling there were no reasonable grounds for his lawsuit against Newport council. Howells claimed the hard drive was accidentally discarded in 2013 and sought access to the landfill site, but the judge found no realistic prospect for success in a full trial. This case highlights the complexities surrounding digital asset ownership and legal property rights in the cryptocurrency space. #Bitcoin #Cryptocurrency #LegalNews #DigitalAssets #Innovation

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The U.S. Department of Justice has received court approval to liquidate 69,370 Bitcoin seized from the Silk Road, valued at approximately $6.5 billion. This decision follows a lengthy legal battle and aims to mitigate potential losses due to Bitcoin's volatility. The liquidation is set against the backdrop of an incoming administration that previously opposed such sales, raising questions about future regulatory approaches to cryptocurrency. Market analysts predict that the impact on Bitcoin prices will be closely monitored as the sale unfolds. #Bitcoin #Cryptocurrency #SilkRoad #DOJ #Regulation

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The Czech Republic's central bank governor, Aleš Michl, is considering adding Bitcoin to the country's reserves as a diversification strategy. During a recent interview, he emphasized that while Bitcoin is intriguing, any investment would be modest and require board approval. This move aligns with a growing trend among nations exploring Bitcoin as a strategic reserve asset amid changing economic landscapes. #Bitcoin #CzechRepublic #CentralBank #ReserveAsset #Cryptocurrency

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Veteran trader Peter Brandt, with over 50 years of market experience, warns that the cryptocurrency market is poised for significant corrections. He predicts a 50% drop in Bitcoin and 90% decline in altcoins, while meme coins could potentially vanish entirely. Brandt emphasizes the dangers of overleveraging and urges investors to adopt disciplined risk management strategies. As we enter 2025, it's crucial for traders to prepare for these potential downturns. #Bitcoin #CryptoMarket #PeterBrandt #Investing #RiskManagement

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Michael Saylor, chairman of MicroStrategy, has announced a bold move regarding his Bitcoin reserves: upon his death, he plans to burn the private keys to his Bitcoin wallet. This decision aims to enhance Bitcoin's scarcity and value by effectively removing those coins from circulation. Saylor believes this strategy will contribute positively to the cryptocurrency's ecosystem. #Bitcoin #MichaelSaylor #CryptocurrencyWealth #blockchaineconomy #Scarcity

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