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According to Bloomberg, FTX has been selling off crypto assets | Dex 💎GEM💎 DeFi

According to Bloomberg, FTX has been selling off crypto assets and hoarding cash, with its cash reserves nearly doubling at the end of 2023 to $4.4 billion. In January, FTX Estate sold another 22 million shares of GBTC worth almost $1 billion.

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JPMorgan CEO Jamie Dimon believes the US economy is rapidly approaching a cliff as the national debt snowballs.

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