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Channel address: @bitcoin_ethereum_altcoins
Categories: Cryptocurrencies , Cryptocurrencies
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The latest Messages 5

2024-03-04 11:40:23
Bitcoin bounces beyond $64,000 as records beckon

Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels. It touched $64,285 early in the Asian day, its highest since late 2021, and was last 2% firmer for the session at $63,850. Bitcoin's record high is $68,999.99 set in November 2021. The largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where trading volume has surged for U.S.-listed bitcoin funds.

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@Bitcoin_Ethereum_Altcoins
88.7K views08:40
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2024-03-03 23:07:01
Texas Blockchain Council and Riot Secure Legal Victory in Bitcoin Mining Data Collection Lawsuit

The United States District Court for the Western District of Texas has issued an order in favor of the plaintiffs, Riot Platforms and the Texas Blockchain Council (TBC), against the Department of Energy (DOE) and other defendants. The court’s decision marks a significant milestone in the ongoing dialogue about regulatory oversight and data privacy within the crypto mining industry.

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@Bitcoin_Ethereum_Altcoins
44.3K views20:07
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2024-03-03 12:55:18
Peter Brandt on Bitcoin Bull Market: My Bet Is This Is a 'Starting' Candle

Veteran trader Peter Brandt, known for his technical analysis expertise, has reignited optimism in the bitcoin market with his bullish outlook. Following his recent headline-making adjustment of the bitcoin price target for “the current bull market cycle” from $120,000 to $200,000, Brandt has now shared another chart that indicates the start of a bitcoin bull market.

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@Bitcoin_Ethereum_Altcoins
76.1K views09:55
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2024-03-02 22:50:26
Hong Kong’s CSOP Bitcoin Futures ETF Sees 5-Fold Surge in Assets Amid BTC Rally

CSOP Asset Management, a capital market firm in Hong Kong, disclosed in an interview with Reuters that its exchange-traded product, the CSOP Bitcoin Futures ETF (3066.HK), has witnessed a surge in assets under management (AUM) over the past five months. Regarding trading volumes, the CSOP Bitcoin Futures ETF has increased in average daily turnover, reaching $2.8 million this year compared to $0.97 million last year.

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@Bitcoin_Ethereum_Altcoins
122.7K views19:50
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2024-03-01 20:55:35
Grayscale lobbying for regulatory approval of options for spot Bitcoin ETFs

Grayscale is lobbying for the US SEC to approve options on its spot Bitcoin exchange-traded fund (ETF), Reuters reported on Feb. 29. The SEC approved Grayscale’s spot Bitcoin ETF (GBTC) in January. Unlike most of the other newly approved spot Bitcoin ETFs, GBTC was converted to an ETF from an existing fund. According to Sonnsenshein, the SEC’s rejection of options on GBTC would unfairly discriminate against shareholders because the regulator has approved options on Bitcoin futures ETFs.

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@Bitcoin_Ethereum_Altcoins
84.9K views17:55
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2024-02-29 21:40:00
MicroStrategy’s Bitcoin Bet Is Paying Off Big, Delivering 2x Returns

MicroStrategy’s Bitcoin holdings have become a major success, showcasing a strategy that has propelled the company to impressive unrealized gains. Co-founded by Chairman Michael Saylor, the business intelligence firm’s bold move into Bitcoin since 2020 has been a masterclass in foresight and conviction, especially during a time when the asset class was still considered the ‘Wild West of Finance.’.

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@Bitcoin_Ethereum_Altcoins
100.1K views18:40
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2024-02-29 13:22:01
Bitcoin rocked by 'demand shock' as ETFs gobble up BTC faster than it is mined, says CoinShares

Rising demand for the world's largest cryptocurrency by market cap, thanks to the surging popularity of spot bitcoin ETFs, is having a profound impact on the market. "While 900 bitcoins are produced daily, the newly issued US ETFs are demanding 2,800 bitcoins per day," CoinShares's Head of Research James Butterfill told The Block. "This has led to a 28% reduction in exchange holdings since 2020, indicating a market experiencing a significant demand shock.”

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@Bitcoin_Ethereum_Altcoins
83.5K views10:22
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2024-02-28 21:45:49
BTC Rejected Off $64,000 As Crypto Market Suffers $600 Million Of Liquidations

Bitcoin’s price is nearing its all-time high, and its volatility has left thousands of traders destroyed. The price of Bitcoin (BTC) experienced massive volatility on Wednesday, soaring to nearly $64,000 before sinking again to $60,500 within one hour. Amid the chaos, crypto traders have experienced $638 million in liquidation over the past 24 hours, including $391 million of liquidations in the past 4 hours alone.

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@Bitcoin_Ethereum_Altcoins
85.6K views18:45
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2024-02-28 12:55:19
Bitfinex hacker testifies in Bitcoin Fog trial as government witness

Convicted Bitfinex hacker Ilya Lichtenstein has become a key government witness in a jury trial involving the alleged operator of crypto mixer Bitcoin Fog Roman Sterlingov, Bloomberg News reported on Feb. 27. US prosecutors arrested and charged Sterlingov in April 2021 over allegations that the mixer helped launder 1.2 million BTC — worth $335 million at the time — linked to illicit activities on the dark web.

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@Bitcoin_Ethereum_Altcoins
96.3K views09:55
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2024-02-27 23:15:38
Skybridge Capital's Anthony Scaramucci on Warren Buffett Buying Bitcoin: 'Never Say Never'

Anthony Scaramucci, the founder and managing partner of Skybridge Capital, has commented on the potential for Berkshire Hathaway, the holding conglomerate founded by Warren Buffett, to buy bitcoin. While acknowledging Buffett’s negative stance on crypto, Scaramucci believes it’s still a possibility. ‘Never say never,’ stated Scaramucci.

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@Bitcoin_Ethereum_Altcoins
100.2K views20:15
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