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Channel address: @bitcoin_ethereum_altcoins
Categories: Cryptocurrencies , Cryptocurrencies
Language: English
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The latest Messages 3

2024-03-14 19:45:01
Net $680 million flows into Bitcoin ETFs as Grayscale outflows tick back up to $276 million

Bitcoin ETFs continued their strong performance on March 13, with a net inflow of $683.7 million, according to data from Bitmex Research. This marks another positive day for Bitcoin ETFs, following the surge in inflows seen on March 12. Per Bitmex Research ETF flow data, BlackRock’s iShares Bitcoin ETF (IBIT) again led the way, attracting $586.5 million in new investments. Fidelity’s FBTC fund also maintained its momentum, with inflows of $281.5 million.

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@Bitcoin_Ethereum_Altcoins
106.0K views16:45
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2024-03-14 12:40:16
BBC News covers Bitcoin saying "almost hourly now this virtual currency is hitting new all time highs."

@Bitcoin_Ethereum_Altcoins
109.4K views09:40
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2024-03-13 22:12:00
Rapper Drake posted a Michael Saylor Bitcoin video to his 146 million Instagram followers

@Bitcoin_Ethereum_Altcoins
105.9K views19:12
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2024-03-13 10:00:00
Jamie Dimon Says He’ll “Defend Your Right to Buy Bitcoin” After Price Pump

JPMorgan CEO Jamie Dimon believes citizens should have every right to buy Bitcoin (BTC) if they want to – even if it’s a haven for criminal activity.“I defend your right to smoke a cigarette, [and] I’ll defend your right to buy a Bitcoin,” said Dimon at the Australian Financial Review summit in Sydney, according to the Financial Review. The executive’s words starkly contrast with what he told the Senate Banking Committee in December, stating “If I were the government, I’d close it down,” regarding crypto.

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@Bitcoin_Ethereum_Altcoins
94.7K views07:00
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2024-03-13 00:15:25
Spot bitcoin ETFs capture 90% of market share, leaving futures ETFs in the dust

Just two months after their introduction, U.S. spot bitcoin exchange-traded funds have captured nearly 90% of the daily trading volume market share for ETFs offering price exposure to bitcoin. That marks an all-time high percentage for the daily volume market share of spot bitcoin ETFs, according to The Block’s Data Dashboard. The numbers highlight investors' strong preference for direct exposure to bitcoin via ETFs over products based on bitcoin futures contracts.

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@Bitcoin_Ethereum_Altcoins
82.0K views21:15
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2024-03-12 08:45:00
Trump says he has no intention of stopping people from using Bitcoin

Former US President Donald Trump said that Bitcoin is an “additional form of currency” that has “taken on a life” of its own, and he has no intention of stopping people from using it. Trump made the statement during an interview on CNBC’s Squawk Box on March 11. His comments come amid a backdrop of growing interest in crypto as Bitcoin has once again entered price discovery mode after setting a new all-time high.

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@Bitcoin_Ethereum_Altcoins
76.4K views05:45
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2024-03-11 20:32:02
Open interest reaches all-time high as Bitcoin touches $72k

Bitcoin has just shattered expectations, soaring past the $72,000 mark, a feat that underscores the growing institutional interest in cryptocurrency and particularly, in spot Bitcoin ETFs. However, beneath this surface of triumph, the derivatives market hints at a brewing storm of volatility, with open interest in Bitcoin futures and options reaching staggering new heights.

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@Bitcoin_Ethereum_Altcoins
94.9K views17:32
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2024-03-10 20:30:42
JPMorgan Says 'Unrealistic' to Expect Bitcoin to Match Gold Within Investors' Portfolios

JPMorgan says the argument that bitcoin’s market cap would rise to $3.3 trillion if it matched gold in portfolios, implying more than doubling in price, overlooks risk. “It would be unrealistic to expect bitcoin to match gold within investors’ portfolios in notional amounts,” a JPMorgan strategist stressed, adding: “Most investors take risk and volatility into account when they allocate across asset classes.”

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@Bitcoin_Ethereum_Altcoins
85.5K views17:30
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2024-03-10 09:45:01
Galaxy Digital CEO Anticipates BTC Reaching $100K This Year Citing 'Runaway Momentum' in Spot Bitcoin ETFs

Galaxy Digital CEO Mike Novogratz firmly believes that bitcoin will reach $100K this year. “Right now there are more buyers and sellers,” he explained, adding that there is “runaway momentum” in bitcoin exchange-traded funds (ETFs). In addition, he pointed to a “new phase of bitcoin” as the asset class welcomes baby boomers. He further asserted that the cryptocurrency “is a report card on fiscal prudence and there’s no fiscal prudence here right now.”

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@Bitcoin_Ethereum_Altcoins
100.2K views06:45
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2024-03-09 22:20:34
Unrealistic for Bitcoin to Match Gold’s Investor Allocation: JPMorgan

Analysts at major investment bank JPMorgan Chase have predicted that it will be difficult for bitcoin to match Gold’s current investor allocation of $3.3 trillion. The JP Morgan Bitcoin opinion coincides with the recent achievement of a new All-Time High (ATH) for the premier digital asset, reaching $69.9k. The prediction was made in a recent report penned by senior analyst Nikolaos Panigirtzoglou, as the bank tried to provide “realistic insights” into the bitcoin investment scene.

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@Bitcoin_Ethereum_Altcoins
96.0K views19:20
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