Moments ago, the Senate passed legislation H.J.Res. 109 that would overturn the SEC’s Staff Accounting Bulletin (SAB) No. 121, preventing highly regulated financial firms from custodying Bitcoin and other cryptocurrencies. The legislation passed with a vote of 60 to 38, demonstrating bipartisan support for the measure. BREAKING: 🇺🇸 Legislation that would …
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Read More »Bitcoin Price Surges Over 6% as 99Bitcoins Token Presale Raises $1.2M read full article at worldnews365.me
Bitcoin is back in bull mode, with the world’s largest crypto up 6% in the past 24 hours. This renewed upside has been fueled by softer-than-expected inflation data and a return of positive inflows into spot BTC ETFs. Also benefiting from the bullishness is the presale for 99Bitcoins Token (99BTC), …
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How to Grow Your Wealth and Live Off Your Investments! Do you want to learn how to turn your money into more money? Do you want to achieve financial freedom and live off your passive income? If you answered is yes, then you are in the right place. In this …
Read More »Most Important Bitcoin Indicator Nears Bullish Flip: $150,000 Soon? read full article at worldnews365.me
In a recent analysis, James Coutts, Chief Crypto Analyst at Realvision, signaled a potential bullish turn in Bitcoin’s near future, attributing the forecasted change to shifts in global liquidity measures, specifically the Global Money Supply (M2) index which is widely seen as most important price catalyst. Coutts detailed this anticipation …
Read More »Bitcoin ETF Deadline Ends With A Bang: Institutions Buy Big read full article at worldnews365.me
The curtain fell on the first-quarter 13F filings with the US Securities and Exchange Commission (SEC) on Wednesday, and the reports revealed a seismic shift in institutional investment patterns toward spot Bitcoin exchange-traded funds (ETFs), with Millennium Management emerging as a frontrunner in this new asset class. Millennium Becomes The …
Read More »Bitcoin Long-Term Holders Buy The Blood, Snatch Up 70,000 BTC read full article at worldnews365.me
Glassnode data has revealed that Bitcoin long-term holders are taking advantage of the cryptocurrency’s lower price to significantly increase their holdings. This accumulation further strengthens the belief that this group of Bitcoin investors anticipate a potential upside for Bitcoin despite its recent volatility. Long-Term Holders Pay $4.3 Billion For 70,000 …
Read More »Creator of the Bitcoin ASIC Says Next Wave of Mining Efficiency is Coming read full article at worldnews365.me
It is no secret that the bitcoin mining industry is being battle-tested in the wake of the fourth halving. Hash price (revenue per terrahash) has reached historic lows as bitcoin’s block subsidy has been slashed. Meanwhile, the post-halving mempool frenzy has waned, adding fuel to the fire on already strained …
Read More »Bitcoin Hash Ribbons Form Capitulation Signal: What It Means read full article at worldnews365.me
On-chain data shows the Bitcoin Hash Ribbons have recently gone through a crossover. Here’s what it could mean for the cryptocurrency. Bitcoin Hash Ribbons Suggest Miner Capitulation Is On As explained by CryptoQuant community manager Maartunn in a Quicktake post, miners are capitulating right now if the Hash Ribbons indicator …
Read More »$291B Asset Manager Founder Predicts Bitcoin Will Hit $420,000 read full article at worldnews365.me
In an interview with Yahoo Finance’s “Wealth,” Ric Edelman, founder of the Digital Assets Council of Financial Professionals and $291 billion asset manager Edelman Financial Services, provided a striking forecast for the Bitcoin price. Edelman argued that Bitcoin’s price could surge to $420,000, attributing this potential rise to a modest …
Read More »Who’s Buying The Bitcoin ETFs? Bitwise CIO Shares Insights read full article at worldnews365.me
In a new memo, Matt Hougan, Bitwise Chief Investment Officer Matt Hougan offered a detailed analysis of the early adopters of Bitcoin Exchange-Traded Funds (ETFs) based on 13F filings with the SEC. His insights underscore a significant embrace of Bitcoin ETFs by professional investment firms, heralding a potential shift in …
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