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The latest Messages 3

2024-03-14 23:05:35
Bitcoin Miner Bitdeer Is 'Differentiated' From Peers, Shares Are Cheap: Benchmark

Bitdeer Technologies’ (BTDR) shares are appealing given the wide gap between the company’s discount valuation and its growth prospects, investment banking firm Benchmark said in a research report Thursday. Benchmark initiated coverage of the bitcoin (BTC) miner with a buy rating and a $13 price target. The stock closed over 7% higher on Wednesday at $6.74.

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@Crypto_Ethereum_Bitcoin
114.0K views20:05
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2024-03-14 13:40:16
BBC News covers Bitcoin saying "almost hourly now this virtual currency is hitting new all time highs."

@Crypto_Ethereum_Bitcoin
72.9K views10:40
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2024-03-13 19:55:00
Bitcoin price unlikely to drop below $50,000 unless 'something dramatic' happens, says Galaxy's Novogratz

Bitcoin is currently trading at around $73,000, and it is unlikely to fall below $50,000 unless a significant event occurs, according to billionaire Mike Novogratz, founder and CEO of Galaxy Digital. Bitcoin has been rallying mainly due to continuous inflows into recently approved spot bitcoin exchange-traded funds in the U.S. and, as long as net inflows are positive, the bitcoin price will keep going higher, Novogratz told CNBC in an interview Wednesday.

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@Crypto_Ethereum_Bitcoin
104.3K views16:55
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2024-03-13 09:15:01
$1.4 billion of bitcoin mined last year by once bankrupt Core Scientific

Earlier this year, the crypto mining firm Core Scientific emerged from bankruptcy and had its shares relisted on Nasdaq. On Tuesday, the company said that last year, it mined 19,274 bitcoin, worth about $1.4 billion at current prices. Core Scientific reported on Tuesday that it had self-mined 13,762 bitcoin for its own account on top of "an estimated 5,512 for our hosting clients’ accounts." The company also reported a net loss of $195.7 million, which it said was an improvement of $239.2 million.

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@Crypto_Ethereum_Bitcoin
84.2K views06:15
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2024-03-13 00:05:26
BlackRock’s IBIT spot bitcoin ETF amasses 200,000 BTC in two months

After just two months of trading, BlackRock’s IBIT spot bitcoin exchange-traded fund crossed 200,000 in assets under management on Monday. The newborn nine spot bitcoin ETFs — excluding Grayscale’s converted GBTC fund — total more than 420,000 BTC. Of the newborn nine ETFs, Fidelity’s FBTC is currently in second place with over 128,000 BTC and Ark Invest 21Shares’ ARKB is third with nearly 38,000 BTC per BitMEX Research data.

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@Crypto_Ethereum_Bitcoin
74.0K views21:05
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2024-03-12 10:00:00
Solana registers all-time high in daily new addresses

The daily number of new addresses on the Solana blockchain has reached an all-time high, according to The Block’s Data Dashboard. The daily count of new addresses on the Solana network, based on a seven-day moving average, now stands at over 691,000. Frizza added that Solana has experienced a surge in transaction volumes on DEXs, consistently surpassing the $2 billion daily trading threshold since early March.

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@Crypto_Ethereum_Bitcoin
92.5K views07:00
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2024-03-11 21:20:26
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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@Crypto_Ethereum_Bitcoin
37.7K views18:20
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2024-03-10 20:25:01
Glassnode Insights Into Long-Term Bitcoin Holders Reveal 228% Average Unrealized Gain

In its analysis, Glassnode emphasizes the notable entry of institutional funds into bitcoin (BTC), especially after the green light for U.S. spot bitcoin exchange-traded funds (ETFs). This influx, contrary to the doubts of critics, has boosted bitcoin’s value, reaching $70,000 last week—a 58% leap from its $42,800 value before the ETF approval.

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@Crypto_Ethereum_Bitcoin
127.2K views17:25
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2024-03-09 21:25:27
Gensler Warns About Bitcoin: “Highly Speculative and Volatile Asset”

Gensler has repeatedly highlighted the volatile nature of digital assets. He compared Bitcoin to a rollercoaster, indicating the unpredictable price swings that investors may encounter. He stated, “This is a highly speculative asset class, one could just look at the volatility of bitcoin in the last few days”, drawing attention to the fluctuating prices that have characterized the bitcoin market.

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@Crypto_Ethereum_Bitcoin
77.1K views18:25
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2024-03-09 08:45:01
Bitcoin sees violent volatility after hitting new ATH second time in a week

Bitcoin hit a new all-time high for the second time this week and once again experienced a violent sell-off that erased its gains and stirred memories of past volatilities in the crypto space. However, the jubilation was short-lived as a wave of sell pressure engulfed the market, driving the price down by more than 3% to a low of $66,500 in less than an hour. The wider crypto market experienced similar volatility.

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@Crypto_Ethereum_Bitcoin
57.4K views05:45
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