Jamie Crawley is a CoinDesk news reporter based in London.
after defunct crypto exchange Mt. Gox, which is supposed to return over 140,000 BTC to victims of a 2014 hack, said it will begin repayments next month.to $60,723, registering an over 5% loss on a 24-hour basis at one point. Ether and the broader market followed suit, with the CoinDesk 20 Index also falling more than 5%. Broadly speaking, bitcoin's recent retreat from above $70,000 has taken the shape of a.
The April survey showed that over 50% of the managers planned to invest in crypto in the next three years, viewing it as a diversification opportunity. Managers could allocate between 2% and 5% of assets under management to crypto, the survey revealed, adding nearly 80% would invest over a year. The pivot to crypto follows mounting concerns about Japan's debt load and the yen's exchange-rate volatility.
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