Category: BITCOIN
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Vanguard Group Acquires 10.24% Stake in Riot Platforms Bitcoin Mining
In a significant move that showcases the growing interest in cryptocurrencies and blockchain technology, the Vanguard Group, one of the world’s largest investment management companies, has recently purchased a 10.24%…
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Standard Chartered Bank Forecasts Bitcoin to Reach $50,000 by 2023 and $120,000 by 2024
In a recent research note, Standard Chartered Bank, a renowned financial institution, has made bold predictions about the future price of Bitcoin. According to the bank’s analysts, the price of…
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Bitcoin’s Hashrate Reaches New Heights, Price Surges by 14% in 30 Days
Bitcoin’s network hashrate has soared to unprecedented levels, reaching an average of 401 EH/s over the past seven days and an average of 445 EH/s in just three days, according…
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According to Matrixport, Bitcoin could reach $125,000 by the end of 2024
Bitcoin, the world’s most well-known cryptocurrency, has been a subject of intense speculation and price volatility since its inception. With its value constantly fluctuating, investors and analysts are always on…
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Bitcoin Ordinal Inscriptions Reach Record High as Payment Fees Decline
In a significant development for the crypto market, the number of Bitcoin Ordinal Inscriptions minted in a single day reached a staggering 350,000 on July 8, marking the highest daily…
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BlackRock Bitcoin ETF Announcement Sparks Surge in US Bitcoin Supply Holdings
In a significant development for the cryptocurrency market, Glassnode reported the announcement of BlackRock’s request for a Bitcoin Exchange-Traded Fund (ETF) on June 15th has triggered a notable surge in…
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JP Morgan: Evaluating the Impact of SEC Approval for Spot Bitcoin ETF
The potential approval of a spot Bitcoin Exchange-Traded Fund (ETF) in the United States has been a topic of significant interest and speculation within the crypto market. However, according to…
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BlackRock CEO Larryink Designates Bitcoin as an ‘International Asset’
In a dramatic shift from his previous stance, Larry Fink, CEO of BlackRock, recently sang a bullish tune concerning Bitcoin and has given it the label of an “international asset.”…
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Bitcoin Exchange Balances Hit Lowest Level since March 2018
Glassnode reported a significant decline in the number of Bitcoin held on cryptocurrency exchanges. The exchange balance has reached its lowest level since March 2018, with only 2.26 million BTC…
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Bitcoin Options Contracts Gain Momentum
In the ever-evolving landscape of cryptocurrency, Bitcoin continues to dominate the market. As the demand for Bitcoin and its associated investment vehicles grows, Bitcoin Options Contracts have emerged as an…
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Major Asset Manager BlackRock Resubmits Bitcoin ETF FilingÂ
In a recent development, global asset management firm BlackRock has resubmitted its application for a spot Bitcoin exchange-traded fund (ETF) on June 29. Notably, the company’s latest filing includes Coinbase,…
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Leading Bitcoin ATM Firm Set to Go Public on Nasdaq Today
Bitcoin Depot, the leading provider of Bitcoin ATMs worldwide, has embarked on a significant endeavor to revolutionize the accessibility of cryptocurrencies. Through a successful $885 million SPAC agreement with GSRM,…
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Bitcoin Dominates First Half of 2023, Outperforming Global Assets with an 83.8% Surge
Bitcoin, the leading cryptocurrency, has emerged as the clear winner in the global financial landscape for the first half of 2023. With a remarkable surge of 83.8%, Bitcoin has outpaced…
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Bitcoin and Ethereum Options Expiry Looms, Impacting Market Sentiment
In the coming days, approximately 159,000 BTC options are set to expire, generating significant interest among traders. With a put call ratio of 0.56, which measures the ratio of put…
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CME Group Introduces Ether/Bitcoin Ratio Futures
CME Group has announced the launch of Ether/Bitcoin Ratio Futures. This innovative contract enables market participants to execute a relative value trade between Ether futures and Bitcoin futures in a…
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Fidelity the $4.2 Trillion Behemoth submit for Bitcoin ETF, Signals a Bitcoin Breakthrough
Notorious asset management giant, Fidelity Investments, whose assets under management climb to an astronomical $4.2 trillion, has made a pioneering move in the realm of digital currency. The enterprise has officially…
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MicroStrategy Acquires 12,333 BTC for $347 Million, Expanding Its Bitcoin Holdings
MicroStrategy, firm led by CEO Michael Saylor, has announced the acquisition of an additional 12,333 Bitcoins (BTC). The company made this purchase for approximately $347 million, at an average price…
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Fidelity Gears Up to Enter the Spot Bitcoin ETF Race
Fidelity, known as the world’s third-largest asset management firm, is reportedly preparing to jump into the spot Bitcoin ETF market as the race heats up among financial institutions. As one of the…
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Riot Mining Company Invests $162.9 Million in Latest Bitcoin Mining Machines
Riot Platforms, Inc. has recently entered into an ambitious long-term agreement with MicroBT for the purchase of 33,280 next-generation Bitcoin miners. These high-performance miners will be produced by MicroBT in their…
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Bitcoin Lightning Network Sets New Record in Node Capacity
In a remarkable development for the cryptocurrency world, the Bitcoin Lightning Network has achieved a new all-time high in node capacity. With a capacity of 5,630 BTC ($172 million), this…
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