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Publicly-Listed Crypto Companies Face Losses as Bitcoin ETFs See Strong Trading Activity

Bitcoin ETFs Trade Well, But Crypto Stocks Suffer Losses While spot bitcoin exchange-traded funds (ETFs) saw significant trading activity on Thursday and Friday, publicly-listed crypto companies experienced a different outcome. Several equities faced notable losses at the close of the market on Friday. For example, Marathon Digital Holdings saw its shares drop by over 15%, […]

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BlackRock’s Debut Bitcoin ETF to Launch in Brazil Tomorrow

BlackRock is set to introduce its spot Bitcoin exchange-traded fund (ETF) in Brazil tomorrow, as reported by InfoMoney, the largest financial market news platform in the country. This launch comes after BlackRock's announcement that the Brazilian Depositary Receipts (BDRs) of its iShares Bitcoin Trust ETF (IBIT39) will commence trading on B3, Brazil's stock exchange, on

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Weekly NFT Sales Reach $311 Million With Bitcoin Leading, Ethereum and Polygon See Impressive Growth

Overview In the past week, the non-fungible token (NFT) market recorded sales amounting to $311.31 million, with a minimal increase of 0.05% compared to the previous week. Notably, Bitcoin NFT sales have consistently outperformed other blockchain networks since November 2023. However, there has been a decline of 19.12% in NFT sales on the Bitcoin blockchain

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Binance and Coinbase: Controlling 11% of Crypto Economy’s Value and Dominating BTC and ETH Reserves

Recent statistical data reveals that Binance and Coinbase, two major players in the cryptocurrency exchange market, together hold a significant 11.85% share of the $1.68 trillion digital currency economy. Moreover, these renowned trading platforms have control over 7.83% of the total bitcoin supply, underscoring their influential position in the market. Binance and Coinbase's Market Dominance

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Edward Snowden Predicts Government Purchase of Bitcoin in 2024

Renowned whistleblower Edward Snowden has made a bold prediction regarding Bitcoin, suggesting that a national government will enter the Bitcoin market in 2024 by acquiring BTC. Snowden's Prediction Snowden stated, "Prediction: A national government will be revealed this year to have been buying Bitcoin—the modern replacement for monetary gold—without having disclosed that fact publicly." Increasing

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Vanguard Intensifies its Anti-Bitcoin and Anti-Crypto Policy, Drawing Criticism from Ark Invest CEO

Investment giant Vanguard has recently reinforced its anti-crypto and anti-bitcoin policy, going so far as to block customers from trading spot bitcoin exchange-traded funds (ETFs) that were recently approved by the U.S. Securities and Exchange Commission (SEC). This decision has sparked controversy in the cryptocurrency community, with Cathie Wood, CEO of Ark Invest, criticizing Vanguard's

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Spot Bitcoin ETF Approvals, Ethereum’s Outperformance, BTC Mystery Transfer, and More — Week in Review

The U.S. Securities and Exchange Commission (SEC) has given the green light to 11 spot bitcoin exchange-traded funds (ETFs) for listing and trading on U.S. stock exchanges. This approval comes after years of anticipation and regulatory hurdles. The newly approved spot bitcoin ETFs are set to start trading on Thursday on NYSE Arca, Nasdaq, and

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Unveiling Bitcoin Reserves — A Deep Dive Into Holdings of 6 New Spot Bitcoin ETFs

Introduction Following the launch of the United States' first spot bitcoin exchange-traded funds (ETFs), data has emerged regarding the number of bitcoins held by these funds. This article takes a closer look at the holdings of six new spot bitcoin ETFs, including Blackrock, Fidelity Wise Origin Bitcoin Fund, Bitwise Bitcoin Trust, Vaneck's HODL, Franklin Templeton's

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