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Recently, the price of Bitcoin has corrected significantly due to the German government’s dumping of more than 10,000 Bitcoins and the uncertainty about the solution to the Mt. Gox problem. Although the sell-off was large, its impact was limited compared to the total amount of Bitcoin held by large institutions. The assets under management of U.S. Bitcoin ETFs far exceed the volume of this sell-off, showing the overall resilience of the market. #Mt.Gox将启动偿还计划 #美国首次申领失业救济人数超出预期

Justin Sun proposed to acquire the German government’s remaining Bitcoin through over-the-counter transactions to ease the market impact. Mt.Gox’s Bitcoin is expected to be released in a long-term decentralized manner and will not impact the market immediately. As global Bitcoin ETFs develop, Mt. Gox’s long-term impact is expected to diminish.

Mt. Gox’s Bitcoin is expected to be resolved in stages and will not have a big impact on the market immediately. The market expects that the launch of the Ethereum spot ETF will stimulate a price recovery, and investors should remain patient and focus on long-term growth potential.

I would like to recommend $IO to everyone. Io is a GPU mining coin that was recently listed on Binance and is suitable for miners and retail investors. Many people are not optimistic about IO. The prospects of io are unlimited♾️, and it is just around the corner to become a dark horse🚀🚀. The official website provides a GPU points multiplier, with a daily income of about US$10, depending on the hardware configuration. Because it is a VC coin, the market may fluctuate. The Depin sector represents infrastructure, is related to VR, AI and other sectors, and has the potential for speculation. Io.net is a decentralized GPU computing power network that serves AI, games, etc. and integrates over 200,000 GPUs. IO is its token, used for governance and utility. It has completed two rounds of financing and plans to launch a pledge mechanism. #IO去中心化算力网络