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Bitcoin EXPLODES - Hot Altcoins for 2024There's no question that cryptocurrencies are legal in the U.S., though China has essentially banned their use, and ultimately whether they're. Although Bitcoin has been around since , cryptocurrencies and applications of blockchain technology are still emerging in financial terms, and more uses are. Since the creation of bitcoin in , cryptocurrencies have exploded in popularity and are today collectively worth more than $1 trillion. Critics say a lack.