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BlackRock's Ethereum ETF Surpasses One Million ETH, Valued at Over $4 Billion
BlackRock's Ethereum ETF Surpasses One Million ETH, Valued at Over $4 BillionBlockchain analytics firm Lookonchain reports that BlackRock's spot Ethereum ETF (iShares Ethereum Trust ETF) now holds over one million Ethereum (ETH), specifically 1,025,378 ETH. At current prices, this holding is valued at over $4 billion
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Xiao Yi, a former high-ranking official in Jiangxi province, and the Billions Behind His Bitcoin Empire: A Case Study in Power and Corruption
Xiao Yi, a former high-ranking official in Jiangxi province, and the Billions Behind His Bitcoin Empire: A Case Study in Power and CorruptionXiao Yi, a former leading official in a city in Jiangxi province, was investigated and subsequently apprehended for his alleged collaboration with a cryptocurrency figure, Lin Mou, in transforming Fuzhou Genesis Company into a leading Bitcoin mining operation in China. The case uncovered a staggering amount of Bitcoin assets, reportedly reaching 100,000 coins
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US Judge Dismisses $258 Billion Dogecoin Lawsuit: Musk Prevails, Investor Claims Fail
US Judge Dismisses $258 Billion Dogecoin Lawsuit: Musk Prevails, Investor Claims FailThe long-running legal battle between Tesla CEO Elon Musk and Dogecoin has finally concluded. On October 29th, 2024, US District Judge Alvin Hellerstein of the Southern District of New York dismissed the $258 billion class-action lawsuit against Musk and Tesla with prejudice, meaning the plaintiffs cannot refile the suit
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Bitcoin Spot ETF AUM Surpasses $58 Billion, While Ethereum ETFs See Outflows
Bitcoin Spot ETF AUM Surpasses $58 Billion, While Ethereum ETFs See OutflowsAugust 26, 2024 saw a robust growth in the Bitcoin spot ETF market, with its total assets under management (AUM) reaching a remarkable $58.27 billion
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Dogecoin's Market Cap Surpasses $620 Billion: Bubble or Future?
Dogecoin's Market Cap Surpasses $620 Billion: Bubble or Future?The recent news of Dogecoin (DOGE) surpassing a $620 billion market cap has garnered significant attention, its astonishing rise leaving countless investors awestruck. However, behind this exhilarating surge, a persistent question lingers: how long can this upward trend continue? Initially conceived as a humorous cryptocurrency, Dogecoin has unexpectedly become a popular investment choice, particularly fueled by the strong promotion on social media, reaching unprecedented levels of popularity
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Bitcoin Flash Crash! Over 10% Plunge After $100K High, $1 Billion Liquidations Sweep Crypto Market
Bitcoin Flash Crash! Over 10% Plunge After $100K High, $1 Billion Liquidations Sweep Crypto MarketOn December 5th, 2024, Bitcoin (BTC) price surged past the $100,000 mark, hitting a record high of $104,000 and sparking market euphoria. Investors widely predicted an epic bull run
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Bitcoin's Meteoric Rise: A $8 Billion Surge in Two Days $100,000 Target Achievable?
Bitcoin's Meteoric Rise: A $8 Billion Surge in Two Days $100,000 Target Achievable?Bitcoin's price surged to a new all-time high, fueled by the dual tailwinds of Trump's election victory and expectations of a more accommodative Federal Reserve policy. A staggering $8 billion (approximately 580 billion RMB) increase was witnessed within just two days
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MicroStrategy Unveils "21/21 Plan," Aiming to Raise $42 Billion for Bitcoin Investments Over Three Years
MicroStrategy Unveils "21/21 Plan," Aiming to Raise $42 Billion for Bitcoin Investments Over Three YearsOn October 30th, MicroStrategy, the largest corporate holder of Bitcoin, announced a strategic plan called "21/21," aiming to raise $42 billion over the next three years, including $21 billion in equity and $21 billion in debt financing.Phong Le, MicroStrategy's President and CEO, stated: "As a Bitcoin treasury company, we plan to utilize these additional funds to acquire more Bitcoin as our financial reserve asset, allowing us to achieve higher Bitcoin returns
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MicroStrategy Announces Plan to Raise $42 Billion to Buy More Bitcoin Over Next Three Years
MicroStrategy Announces Plan to Raise $42 Billion to Buy More Bitcoin Over Next Three YearsMicroStrategy, a publicly traded company, announced a bold plan on Wednesday, revealing its third-quarter earnings and outlining its intention to raise $42 billion to purchase more Bitcoin over the next three years. Dubbed the "21/21 Plan," MicroStrategy aims to achieve this goal through $21 billion in equity financing and $21 billion in debt issuance
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Bitcoin Reclaims $70,000 Level, $257 Million Liquidated Across Exchanges, xAI Valuation Soars to $400 Billion
Bitcoin Reclaims $70,000 Level, $257 Million Liquidated Across Exchanges, xAI Valuation Soars to $400 BillionCoinGecko data shows the current total cryptocurrency market capitalization at $2.549 trillion, up 1
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Crypto Winter Persists: Bitcoin Plunges Below $27,000, Crypto Billionaires Suffer Huge Wealth Losses
Crypto Winter Persists: Bitcoin Plunges Below $27,000, Crypto Billionaires Suffer Huge Wealth LossesBitcoin's downward trend continues. After breaking below $30,000 on May 10, it dropped below $27,000 during trading on May 12, hitting a new low for the year
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The Mystery of Bitcoin's "Creator": $60 Billion and the Disappearing Cyber Ghost
The Mystery of Bitcoin's "Creator": $60 Billion and the Disappearing Cyber GhostIn the vast universe of digital currencies, Bitcoin is arguably the most dazzling star. However, behind this star lies an unsolved mysterywho is Satoshi Nakamoto, the creator of Bitcoin? Why did he vanish shortly after Bitcoin's birth, leaving behind tens of thousands of lines of code and hundreds of technical posts, but taking with him 5% of the world's Bitcoin, worth a staggering $60 billion? Since Bitcoin's inception, speculation about Nakamoto's identity has never ceased