ETFs – Increase in the Inflows US Bitcoin ETFs are recently on a recovery spree; they saw the ninth consecutive day of inflows on Wednesday, July 17. Collectively, these ETFs have bought large quantities of Bitcoin in the past week to push the BTC price over $65,000. 1 Million BTC Holdings For the 9 spot […]
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Introduction Bitcoin’s story is the story of a stock that has had many ups and downs, but recent research conducted by Ki Young Ju, an analyst, has indicated that the path that is ahead of Scary Bitcoin Developments. The looming threat? Bitcoin sell-side liquidity may receive a heady dose from Mt. Gox, which is already
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Introduction More extraordinarily, in what can be considered the very first attempt at such a venture, VanEck has joined forces with Inter Invest, an asset manager, to launch Bitcoin within France’s retirement investment programs. Utilizing the comparatively recent listing on Australia’s flagship exchange, this synergy employs VanEck’s VBTC Bitcoin ETF. The objective of this business
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In a significant development, the bankrupt cryptocurrency exchange FTX and the U.S. Commodity Futures Trading Commission (CFTC) have reached a $12.7 billion settlement, pending approval from a Delaware judge. This agreement, which arose after extensive negotiations, aims to address the massive financial impact of FTX’s collapse on its creditors. Background of the Case The lawsuit
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Craig Wright, the Australian computer scientist who claims to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin, has been embroiled in numerous legal battles. One of the most significant cases involves perjury charges stemming from his claims about being Nakamoto. Wright’s assertions have faced intense scrutiny, and the controversy around his identity has led to
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Morgan Creek Digital, a North Carolina-based hedge fund, is spearheading a new initiative to raise $500 million for a fund dedicated to artificial intelligence (AI) and blockchain technologies. The hedge fund’s strategic vision is centered on the intersection of these two cutting-edge sectors, particularly focusing on early-stage companies that harness AI’s potential in conjunction with
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The first half of 2024 has witnessed significant shifts and developments in the cryptocurrency market, as highlighted in CoinMarketCap’s (CMC) comprehensive report. This analysis delves into the performance and trends of various crypto sectors, including Layer-1 and Layer-2 networks, the DeFi space, and regional user engagement, providing a holistic view of the current market dynamics.
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Bitcoin whale activities are changing the tides in the market as they displayed embrace during the prior drawdown. Bitcoin volatility was observed after its price traded for one week ranging from a high of $59,270 to a low of $54,430. During this period, the BTC whales saw it fit to bag the coin what may
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Billionaire Robert Kiyosaki Urged his Readers to Purchase more Bitcoin Currently, the famous writer of Rich Dad Poor Dad, Robert Kiyosakis Latest Bitcoin Buy Alert, continues his activities on the X social network, which was previously called Twitter. Concerning the new stimulate about bitcoin, Kiyosaki, a leading economist, has recently repeated the buying of Bitcoin
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The latest CoinGecko survey reveals a divided sentiment in the crypto community, with only half of investors expressing a bullish outlook. Conducted from June 25 to July 8, 2024, the survey included 2,558 participants, shedding light on the prevailing attitudes amid the ongoing market fluctuations. Key Findings The survey found that 49.3% of respondents remain
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