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BlackRock CEO Fink Admits Error on Bitcoin View as its Bitcoin ETF Trading Hits Record High
BlackRock CEO Fink Admits Error on Bitcoin View as its Bitcoin ETF Trading Hits Record HighThe world's largest asset manager, BlackRock (NYSE: BLK), which manages a staggering $13 trillion in assets, has seen its CEO, Larry Fink, admit his views on Bitcoin were wrong. On October 14, 2024, BlackRock's Bitcoin (BTC) strategy reached new heights as the company's spot Bitcoin ETF crossed $1
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Bitcoin Breaks Above $64,000 Resistance, Can It Break Out?
Bitcoin Breaks Above $64,000 Resistance, Can It Break Out?Bitcoin is attempting to break out of a descending parallel channel it has been stuck in for months. After a prolonged struggle, Bitcoins price has finally climbed above $61,000 once again
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Cryptocurrency stocks surge pre-market, Bitcoin breaks $68,000
Cryptocurrency stocks surge pre-market, Bitcoin breaks $68,000October 16, pre-market gains in US-listed cryptocurrency stocks expanded. CleanSpark rose nearly 5%, MARA climbed over 4%, MicroStrategy and Coinbase gained over 3%
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Grayscale Seeks to Convert Diversified Crypto Fund into ETF, Including Bitcoin, Ethereum, and Solana
Grayscale Seeks to Convert Diversified Crypto Fund into ETF, Including Bitcoin, Ethereum, and SolanaGrayscale Investments has filed an application with the U.S
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History Repeating Itself: Can Dogecoin Ride Bitcoin's Wave Again?
History Repeating Itself: Can Dogecoin Ride Bitcoin's Wave Again?Dogecoin (DOGE) has recently demonstrated a strong upward trend, with its active trader count reaching an all-time high and on-chain data revealing its potential for gains. Does this recent surge signal a potential repetition of Dogecoin's past performance, where it mirrored Bitcoin's price movements and experienced significant growth?Dogecoin Trading Volume and Active Trader Count SurgeFollowing its peak of $0
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BlackRock Embraces Digital Assets: A Bright Future for Bitcoin and Ethereum?
BlackRock Embraces Digital Assets: A Bright Future for Bitcoin and Ethereum?In the realm of digital currencies, Bitcoin and Ethereum stand out as two of the brightest stars. Larry Fink, CEO of BlackRock, recently made statements during the company's latest earnings call that have thrust these two digital assets back into the spotlight
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Bitcoin Futures Jump Over 4% on Monday, Ethereum Futures Surge Over 6%
Bitcoin Futures Jump Over 4% on Monday, Ethereum Futures Surge Over 6%At the close of trading in New York on Monday, the CME Bitcoin Futures BTC front-month contract settled at $66,180.00, up 4
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Why are Ethereum ETFs Underperforming? Bitcoin ETF's Frenzy Fails to Replicate
Why are Ethereum ETFs Underperforming? Bitcoin ETF's Frenzy Fails to ReplicateWhile spot Bitcoin ETFs have garnered nearly $19 billion in inflows within 10 months, Ethereum ETFs, which began trading in July, have failed to ignite the same market enthusiasm and are significantly underperforming their Bitcoin counterparts. Spot Ethereum ETFs have seen net outflows of $556 million since their launch, with $8 million in net outflows this week alone
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Base's Rise: Coinbase's L2 Network Overtakes Arbitrum as Ethereum Ecosystem Leader
Base's Rise: Coinbase's L2 Network Overtakes Arbitrum as Ethereum Ecosystem LeaderBase, the Ethereum Layer-2 scaling solution launched by cryptocurrency exchange Coinbase, has exhibited remarkable growth in the past two months, positioning itself as a frontrunner in the race for dominance within the Ethereum ecosystem. Data from IntoTheBlock reveals that Base's transaction volume has surged significantly over the past two months, capturing 40% to 60% of all transactions, surpassing Optimism and Arbitrum
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Bitcoin Rebounds After Correction, Ready for a Surge! Altcoins Diverge, Local Hotspots Emerging!
Bitcoin Rebounds After Correction, Ready for a Surge! Altcoins Diverge, Local Hotspots Emerging!Around 11 PM on Sunday (13th), Bitcoin experienced a notable decline after three consecutive days of gains, dipping as low as $62,050, momentarily triggering market panic. However, bulls swiftly countered, pushing Bitcoin prices back above $63,000, showcasing a dynamic battle between bulls and bears
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Bitcoin Price Prediction: Inflation Data Released, BTC Rebound Weak, What's Next?
Bitcoin Price Prediction: Inflation Data Released, BTC Rebound Weak, What's Next?Bitcoin's price has been fluctuating wildly recently, leaving investors on edge. What factors are driving the price volatility? Why did Bitcoin fail to rebound after the release of US inflation data? What lies ahead for Bitcoin? This article delves into these questions, providing readers with a clearer analysis
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Bitcoin futures gained nearly 6% in the week, Ethereum futures also rose
Bitcoin futures gained nearly 6% in the week, Ethereum futures also roseOn Friday (October 11), at the closing bell in New York, the CME Bitcoin futures contract BTC settled at $63,280.00, up 5