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According to data from the on-chain analytics firm Santiment, the kind of FUD that’s present in the Bitcoin market right now has historically provided good opportunities for the asset.

The void left by China’s ban was quickly filled by Mexican drug cartels, who saw it as an opportunity to make substantial profits. The cartels started producing their own fentanyl using chemical ingredients imported from China, known as precursors.

there was surprising silence from the mainstream crypto publications even though this was an excellent story with credibility. The blog post describing the problem had additional input from Matthew Green, a respected cryptography professor at Johns Hopkins University.

The sale – for 125 million dirhams (AED) – marks a whopping 242% gain over his original purchase price of 36.5 million AED, or just under $10 million, in 2021.

With the feature rolling out globally in the coming weeks, senders will be able to modify their messages within 15 minutes of hitting send.