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“Excessive bond yields are reflective of sharply larger charges but additionally of real skepticism concerning the long-term viability of crypto amongst institutional traders after the excessive profile collapses of Terra/LUNA, Celsius [Network], 3AC [Three Arrows Capital], Voyager [Digital], BlockFi and FTX,” Mike Alfred, a price investor and founding father of digital property funding platform Eaglebrook Advisors, mentioned.
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