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Bitcoin: A Shield Against Wealth Theft by the Fed, Government, and Wall Street Bankers, According to Robert Kiyosaki

In his latest revelation, Robert Kiyosaki, the prominent author of the best-selling book Rich Dad Poor Dad, explains why he has chosen to invest in bitcoin. According to Kiyosaki, bitcoin serves as a protective measure against the continuous theft of wealth orchestrated by the Federal Reserve, the government, and Wall Street bankers through inflation, taxation, […]

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Bitcoin Technical Analysis: Evaluating Market Trends and Predicting Future Movements

Introduction Bitcoin, the leading digital currency by market cap, displayed interesting market dynamics on January 29, 2024. Within the last hour, the value of Bitcoin fluctuated between approximately $41,950 and $42,069, indicating a narrow trading range. This article will analyze various indicators and provide insights into the current state of the market. Bitcoin Market Overview

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China Capital Flight and Bitcoin: A New Source of Demand

The Growing Potential Demand for Bitcoin Last week, I provided context on the significant buying pressure that Bitcoin is experiencing. However, there is another, potentially even larger, source of demand entering the scene. We are already aware that Bitcoin ETFs, MicroStrategy's issuance of more shares to buy Bitcoin, Tether's constant buying, and the halving will

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Invesco and Galaxy Asset Management Lower Fee for Joint Spot Bitcoin ETF

Introduction Responding to intense competition in the spot bitcoin ETF market, Invesco and Galaxy Asset Management have made a strategic move to gain traction by reducing the long-term fee for their joint spot bitcoin ETF, the Invesco Galaxy Bitcoin ETF (BTCO). This fee reduction aims to position BTCO more competitively against dominant players in the

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The Changing Landscape of Financial Crime: Lessons from Bitcoin

Introduction Significant transformations are taking place in the world of illicit activities involving cryptocurrency. Recent data from a 2023 report by TRM Labs reveals that Bitcoin is no longer the preferred asset for criminals. This shift in the landscape of financial crime has important implications for policymakers and provides valuable insights for shaping effective regulatory

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The Nuanced Price Dynamics of Ethereum: An Analysis of Market Trends

Ethereum's Price Fluctuations and Investor Wariness On January 29, 2024, the price dynamics of ethereum reveal a complex interplay of market elements. Currently, ether is valued at $2,247, with a 24-hour range fluctuating between $2,246 and $2,284. Despite its impressive market capitalization of $270 billion, the trading volume of ether remains modest, indicating a sense

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BlackRock’s Spot Bitcoin ETF Volume Outpacing GBTC Today, Indicating Market Shift

Introduction BlackRock's spot Bitcoin ETF is currently surpassing the trading volume of the Grayscale Bitcoin Trust (GBTC), marking a significant shift in the market. This development suggests a potential slowdown in outflows for GBTC, which has experienced substantial selling pressure since its launch. Other spot Bitcoin ETFs, such as BlackRock and Fidelity, have seen significant

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The Future of Crypto: European Users Remain Optimistic, Embrace Everyday Use

A recent survey conducted by cryptocurrency exchange Binance has revealed that 73% of European respondents are optimistic about the future of crypto. The survey, which targeted users in France, Spain, Italy, and Sweden, aimed to gain insights into their crypto investing habits. The results, released on January 24, shed light on the growing interest in

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Stellar Development Foundation Delays Protocol 20 Upgrade Due to Bug

Introduction The Stellar Development Foundation (SDF) has made the decision to delay the Protocol 20 upgrade of the Stellar blockchain network, which was originally scheduled for January 30. This delay comes as a result of the discovery of a bug that could potentially impact Soroban smart contract transactions. Discovery of the Bug In a blog

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