🔸️ Bitcoin News

2024-03-28 18:39:58 Sell-side risk ratio hit 3-year high as Bitcoin broke above $73k

Bitcoin, a specific metric silently predicts the market's next move — the sell-side risk ratio, a nuanced measure comparing daily investor activity against Bitcoin's total market capitalization. The metric has recently hit levels not seen since March 2021. This surge came after an impressive price jump from $45,330 to $73,104, catching the eye of savvy investors.

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2024-03-27 18:56:04 Spot bitcoin ETFs break five-day outflow streak

After five consecutive days of outflows, spot bitcoin exchange-traded funds (ETFs) experienced a total net inflow yesterday. The net inflow into spot bitcoin ETFs on Monday totaled $15.7 million, according to data from SoSo Value. This follows consecutive single-day outflows of as much as $326.2 million, which occurred on March 19, per The Block's data.

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2024-03-25 19:30:00 Michael Saylor telling journalist Laura Shin Bitcoin is going up "forever" 3 years ago

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2024-03-24 23:50:00 EU Anti-Money Laundering Laws Ban Provision of Services for Anonymous Cryptocurrency Accounts

A new set of anti-money laundering laws passed by the EU has banned crypto asset service providers from servicing and providing custody to anonymous cryptocurrency accounts. The approved proposal for the “prevention of the use of the financial system for the purposes of money laundering or terrorist financing” alleges these assets present “risks of misuse for criminal purposes.”

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2024-03-24 10:35:15 "Sometimes people use a Stock-to-Flow model to try to value Bitcoin and compare it to gold.

When you do have a halving, you're gonna have half as much over that next year to base your s2f on.

Just by math, if it was worth x, it will be worth 2x"

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2024-03-23 19:34:56 Kraken UK Managing Director says he would 'absolutely' like to see a bitcoin ETF in the UK

Bitcoin ETFs should "absolutely" come to the UK, according to Kraken UK Managing Director Bivu Das. In an interview at the Digital Asset Summit in London, Das explained that the world has changed significantly since such products were restricted in the UK in 2021. "And if anything, some of those concerns that the regulators have around protection for retail investors are minimized to some extent if you're not owning the actual asset underneath it."

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2024-03-23 11:04:57 Bitcoin demand in Argentina reaches highest point in nearly two years

Bitcoin remains in demand among Argentines as the ARS has lost fourfold value against the US dollar in the last year, dropping from 0.0049 USD per ARS in March 2023 to 0.0012 USD at present. Argentines' efforts to preserve their savings amid the ongoing decline of their national currency, the Argentine peso (ARS), has resulted in the nation recently hitting its highest demand for Bitcoin in 20 months, according to a recent report.

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2024-03-22 20:59:58 JUST IN: Benchmark senior research analyst tells Yahoo Finance Bitcoin usually rises "for around 18 months" after the halving

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2024-03-22 09:34:58 $30 Billion RIA platform Carson Group Vice President reveals they are seeing advisors allocate 3.5% of client households to spot Bitcoin ETFs

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2024-03-21 19:14:58 Bitcoin Post-Halving Returns Could Boost BTC Prices 200%: Analysts

Bitcoin and other cryptocurrencies took a hit this week, but analysts believe this is necessary for greater returns post-halving. According to analyst Rekt Capital, BTC has officially entered the “Danger Zone,” a period in which retraces usually begin before the pre-halving. The Bitcoin halving is nearing, an event in which BTC rewards for miners will be cut in half. This will pressure miners to sustain operations and face stiffer competition on the network. Analysts are pointing out a post-halving rally, which could bring the price of BTC to new heights.

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