Bitcoin News

2024-03-15 19:30:00 “They have more to fear by not embracing Bitcoin than by embracing it.” - Saylor

https://t.me/Bitcoin_Magazine Open / Comment

2024-03-15 12:50:00 Bitcoin Brushes $73,794 Peak Before Midday Price Fluctuations

Bitcoin’s valuation experienced a fluctuating day on Thursday, initially dipping below the $70,000 mark at 12:30 p.m. Eastern Time before ascending back above the $70,000 threshold shortly thereafter. In the early hours of Thursday, bitcoin (BTC) reached a new zenith in its price, touching $73,794 momentarily during morning trading sessions. By 2:20 p.m. Eastern Time (ET) on March 14, 2024, BTC was navigating around $70,271 to $70,905 per unit within a 30-minute span.

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2024-03-14 20:32:01 Microstrategy Announces $500 Million Convertible Note Sale to Boost Bitcoin Holdings

On March 13, the business intelligence company based in Virginia, Microstrategy, unveiled plans to generate $500 million by issuing convertible notes due in 2031. Echoing their previous fundraising efforts, the newly acquired funds are earmarked for bitcoin acquisitions along with covering various general corporate expenditures.

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2024-03-14 11:47:04 BBC News covers Bitcoin saying "almost hourly now this virtual currency is hitting new all time highs."

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2024-03-13 21:05:00 Spot bitcoin ETF net inflows cross record $1 billion in a single day

Yesterday was yet another day of record inflows for the recently approved spot bitcoin exchange-traded funds in the United States. On March 12, net spot bitcoin ETF inflows hit over $1 billion, according to data from BitMEX Research. At the same time, Blackrock's IBIT product — which, earlier this week, crossed 200,000 BTC in assets under management — saw a record $849 million inflow.

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2024-03-13 07:55:01 JUST IN: The Biden administration is proposing a 30% tax on electricity used by Bitcoin miners

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2024-03-13 00:29:01 ARK Invest CEO Bitcoin price target is above 1M by 2030

“Our Bitcoin price target is now well above $1M by 2030, and with our new expectations for institutional involvement, the incremental price that we assume for institutions actually has more than doubled."

- Cathie Wood

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2024-03-12 10:56:06 BlackRock and Fidelity's spot bitcoin ETFs nab 69% of market share, eroding Grayscale's dominance

Grayscale's market share of cumulative spot bitcoin ETF trading volume dropped to its lowest point last Friday as rival products offered by BlackRock and Fidelity added to their assets under management. With about $30 billion already under management when its spot bitcoin ETF started trading in January, Grayscale's fund had dominated total daily trading volume.

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2024-03-11 21:10:00 Cathie Wood sees Bitcoin at $1 million sooner than 2030 after record ETF performance

ARK Invest CEO Cathie Wood recently declared that Bitcoin (BTC) will surpass the $1 million mark well before the anticipated year of 2030, which was her firm’s previous bull-case timeline. This updated price target comes as a result of new institutional involvement and significant regulatory milestones, especially the US approval of the first spot Bitcoin exchange-traded funds (ETFs).

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2024-03-10 21:25:00 VanEck releases new spot Bitcoin ETF commercial

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