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Not for the first time, technologists pursuing a vision of an open and decentralized network have discovered themselves surrounded by a wave of opportunists trying to make an overnight fortune. In June 2021, the Legislative Assembly of El Salvador voted laws to make bitcoin legal tender in El Salvador, alongside the US dollar. Data supplied by The Block exhibits that the 30-day Pearson Correlation between Bitcoin and Gold is currently at 0.71 after both assets have gotten off to a powerful start in 2023 while the greenback has continued to drift decrease and the efficiency within the stock market has been combined. Mt. Gox, which had income of 135 million yen ($1.33 million) in the 12 months ended March, utilized in Tokyo District Court immediately for bankruptcy safety with debt exceeding property by 2.7 billion yen, the exchange mentioned in an announcement. In September 2019, the Intercontinental Exchange (the owner of the NYSE) began trading of bitcoin futures on its trade known as Bakkt.