In an unprecedented case that underscores the complex regulatory environment in the European Union, Jupiter Asset Management was compelled to divest its XRP Exchange Traded Product (ETP) investment valued at approximately $2.5 million. This decision underscores the complexities and regulatory discrepancies within the European Union concerning cryptocurrency investments. The Forced …
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A recent study spearheaded by Lucas Nuzzi, Head of R&D at CoinMetrics, has brought to light detailed insights into the financial viability of launching a 51% attack on the blockchain giants, Bitcoin and Ethereum. Published under the title “Breaking BFT,” this research delves deep into the economics and logistical challenges …
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Ethiopia has officially announced its foray into Bitcoin mining, aligning itself with a growing list of countries that have integrated cryptocurrency mining into their national economic strategies. This development comes through a partnership between the Ethiopian government and Data Center Service PLC, a subsidiary of the Hong Kong-based West Data …
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At the Exchange ETF conference in Miami Beach, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, and Ric Edelman, founder of the Digital Assets Council of Financial Professionals, engaged in a discussion with CNBC’s Bob Pisani on the future of spot Bitcoin ETFs and their integration within diversified portfolios. …
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The investment landscape is witnessing a seismic shift as Exchange-Traded Funds (ETFs) focused on Bitcoin garner unprecedented inflows, starkly contrasting with the significant outflows from gold ETFs. This trend underscores a growing investor appetite for digital assets over traditional safe havens, marking a pivotal moment in asset allocation strategies. Gold …
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The rumor has been floating around for some time, but now there are growing indications that the popular pro-XRP lawyer John E. Deaton could be running for a seat in the US Senate in the state of Massachusetts against arguably the biggest enemy of crypto, Elizabeth Warren. This news, first …
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Due to the remarkable success of exchange-traded funds (ETFs) in the United States, the Bitcoin price has risen by 35% in the last 22 days. Amidst this bullish momentum, investors and market watchers are keenly looking for indicators that could signal the approach of a (local) top. To navigate these …
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Matt Dines, the Chief Investment Officer at Build Asset Management, has identified a classical ‘Cup and Handle’ pattern in the Bitcoin (BTC) price chart, which he believes could signal an impending rally to $75,000. This technical formation is often considered a strong bullish signal and is closely watched by market …
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Over the past seven days, the Shiba Inu price has shown strong signs of a bullish reversal. A technical analysis of Shiba Inu (SHIB) against the US Dollar (USD) reveals a compelling narrative of a breakout from a bearish pattern that could signal a strong bullish reversal. Shiba Inu Price …
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On Tuesday, the Bitcoin price plunged from $49,900 to $48,300 following the release of the US inflation data. As NewsBTC reported, the data came in hotter than expected. Instead of 2.9%, headline CPI came in at 3.1%, while the core CPI was even at 3.9% instead of the expected 3.7%. …
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Tuur Demeester, a Bitcoin OG and researcher for Adamant Research shared his bullish outlook for Bitcoin via X (formerly Twitter), anticipating its price could escalate to between $200,000 and $600,000 by 2026. Demeester’s prediction is predicated on the influx of trillions of dollars through global bailouts and stimulus measures, which …
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According to a new analysis by Daniel Batten, managing partner at CH4 Capital and a renowned Bitcoin ESG researcher, the BTC network has achieved three remarkable new all-time highs. However, these milestones are not related to its price, which has yet to surpass the previous peak of $69,000. Batten’s insights …
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