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If you hold cryptocurrencies like XRP (CRYPTO: XRP) or Bitcoin, (CRYPTO: BTC) you're probably not sure how they'd hold up in the event of an economic recession. In the U.S., an economic recession is generally defined as a period of at least two consecutive quarters in which the gross domestic product (GDP) decreases rather than increases as normal. Usually recessions are accompanied by higher unemployment, reduced consumption of goods and services, reduced international trade volume, and falling asset prices, particularly in more liquid assets like stocks and cryptocurrencies, but often in harder assets like real estate as well.

Hong Kong is gearing up to compete for "global liquidity" in the virtual asset industry, the city's regulators said on Wednesday at Consensus, one of the world's biggest cryptocurrency conferences, as the Asian financial centre sees some success attracting international business. "We have to think how are we going to provide a regulatory framework for growth which allows for responsible innovation ... and tapping into global liquidity," SFC Chief Executive Julia Leung said during a panel discuss

Which of these Bitcoin-driven stocks is a better buy right now?

Bitcoin's price is showing signs of volatility, with recent fluctuations sparking comparisons to its movements in August 2023.

FTX Digital Markets is set to begin repaying $1.2 billion to its creditors, marking the first major distribution since the exchange collapsed in 2022.

The U.S. Securities and Exchange Commission (SEC) has acknowledged filings from Cboe BZX Exchange to list spot XRP exchange-traded funds (ETFs).

Panelists discussed challenges and opportunities in crypto, including managing counterparty, credit and market risks 24/7.