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Former Citigroup Executives Unveil Bitcoin Depository Receipts as Complementary Product to Bitcoin ETFs

A groundbreaking new product called bitcoin depository receipts has been introduced by a group of former Citigroup executives. This innovative crypto offering does not require registration with the U.S. Securities and Exchange Commission (SEC). It aims to serve as a complementary product to spot bitcoin exchange-traded funds (ETFs), which are expected to receive approval from […]

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Bitcoin Technical Analysis: BTC Consolidates Amid Uncertainty Tied to the ETF Decision

Bitcoin's price fluctuations continue to reflect its unpredictable nature as the decision for the spot bitcoin exchange-traded fund (ETF) looms near. The price of bitcoin reached a peak of $45,922 on Friday, with intraday values ranging from $43,920 to $44,067. Bitcoin's Market Activity In the world of crypto trading, bitcoin's activity spanned from $43,116 to

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Investing in Gold with an IRA, 401k, TSP, Roth IRA or Other Retirement Plan Explained in One Minute

Self-Directed Gold IRAs are a fantastic option to invest in gold, without having to deal with the headaches associated with purchasing physical bullion. This type of account permits investors to buy bullion directly through the state and store it in their own name. While many people prefer to hold tangible gold items, all can access

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Bitcoin ETF Approval: Market Impact and “Buy the Rumor, Sell the News” Phenomenon

Introduction As the cryptocurrency community eagerly awaits the SEC's decision on several pending bitcoin ETF applications, market participants are preparing for potential market impact. Analysts are reflecting on the possibility of a "buy the rumor, sell the news" scenario, where the approval of a Bitcoin ETF could trigger major market movements. This article explores the

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Celsius Network Unstakes Ethereum Holdings Amid Restructuring Efforts

Celsius Network's Decision to Unstake Ethereum The cryptocurrency lender, Celsius Network, has recently announced its plan to unstake a significant amount of ethereum (ETH) as part of its ongoing efforts to restructure and address its outstanding liabilities. This decision comes in the wake of the company's filing for Chapter 11 bankruptcy protection in July 2022

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Bitcoin’s Obituary Bounce — Decline in ‘Death Calls’ Signals Resilient 2023

Bitcoin Obituaries Dwindle in 2023 After facing numerous predictions of its demise in 2021 and 2022, with a total of 47 and 27 death announcements respectively on the Bitcoin Obituaries list, only eight declarations were made in 2023. The final proclamation came at the end of the year from crypto advocate Arthur Hayes, who warned

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SEC Met With Exchanges to Discuss Spot Bitcoin ETFs

SEC Meeting with Exchanges The U.S. Securities and Exchange Commission (SEC) recently held meetings with officials from major exchanges, including the New York Stock Exchange (NYSE), Nasdaq, and Chicago Board Options Exchange (CBOE). The purpose of these meetings was to discuss spot bitcoin exchange-traded funds (ETFs). This is a significant step towards the potential approval

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Kevin O’Leary Anticipates Strong Institutional Interest in Crypto Regardless of Spot Bitcoin ETF Outcome

Shark Tank Investor Kevin O’Leary Talks Institutional Interest in Crypto Kevin O’Leary, also known as Mr. Wonderful and a prominent investor on Shark Tank, believes that institutional interest in cryptocurrency and bitcoin will remain strong, regardless of the U.S. Securities and Exchange Commission (SEC)'s decision on spot bitcoin exchange-traded funds (ETFs). O’Leary emphasized that even

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Robert Kiyosaki Emphasizes the Importance of Bitcoin Halving

Rich Dad Poor Dad Author Highlights Upcoming Bitcoin Halving Robert Kiyosaki, the renowned author of Rich Dad Poor Dad, is urging investors to closely monitor the upcoming Bitcoin halving event. He believes that this event is fast approaching and holds significant importance for the cryptocurrency market. Kiyosaki, who is known for his financial insights, recently

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