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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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Could Trump Be Back In The White House? Bernstein Analysts Say Bitcoin Could Surge To $80,000-$90,000
Could Trump Be Back In The White House? Bernstein Analysts Say Bitcoin Could Surge To $80,000-$90,000Analysts at research and brokerage firm Bernstein have reiterated their prediction that Bitcoin could reach an all-time high of $80,000 to $90,000 if Donald Trump wins the US election next month. The prediction comes from a recent divergence in Trump's odds on Polymarket, a platform considered the world's most liquid for election prediction
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Bitcoin Hits New High, Surpassing $63,000 - Are You Ready?
Bitcoin Hits New High, Surpassing $63,000 - Are You Ready?Hey everyone, did you hear? Bitcoin is soaring again! This time it's not a small bump - it just broke through the $63,000 mark! Does your Bitcoin portfolio feel suddenly more valuable? Ha, mine does too! Speaking of Bitcoin, it's a love-hate relationship, you know? We love the thrill of its occasional surges, but hate its unpredictable volatility. Well, Bitcoin has just given us another delightful surprise with its price skyrocketing straight past the $63,000 barrier
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Bitcoin Hits New High, $100,000 Target Within Reach? Market Buzzes
Bitcoin Hits New High, $100,000 Target Within Reach? Market BuzzesBitcoin has once again become the focal point of the global financial markets. Data from Huobi Pro, a leading international Bitcoin exchange, shows that the cryptocurrency has breached a significant resistance level, hitting a new all-time high, generating widespread attention and discussion
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Market Volatility Roils Investors: Bitcoin Dips Below $60,000, XRP Takes a Hit, Eyes on Jobs Data
Market Volatility Roils Investors: Bitcoin Dips Below $60,000, XRP Takes a Hit, Eyes on Jobs DataAsset prices, from Bitcoin (BTC) to stocks and gold, struggled to hold steady in early trading on Thursday. Investors were unsettled by heightened tensions in the Middle East and were closely watching for the release of the September jobs report on Friday
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Wall Street Bigwigs Predict Bitcoin to Hit $100,000, Fueled by Fed Rate Cuts and a Bullish Crypto Climate
Wall Street Bigwigs Predict Bitcoin to Hit $100,000, Fueled by Fed Rate Cuts and a Bullish Crypto ClimateAnthony Scaramucci, a well-known Wall Street hedge fund manager, recently predicted that Bitcoin could reach a staggering new all-time high of $100,000 by the end of this year. This prediction is based on the anticipated Federal Reserve rate cut cycle and the increasing likelihood of favorable crypto regulations from the US government, particularly after the November US presidential election
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Bitcoin Could Be the "Trump Trade": Former President's Return to the White House May Spark Crypto Bull Run
Bitcoin Could Be the "Trump Trade": Former President's Return to the White House May Spark Crypto Bull RunHolding Bitcoin could be the latest example of a "Trump trade," potentially yielding massive returns if the former US President returns to the White House. A Bernstein analyst noted in a report on Monday that Trump's recent enthusiasm for the cryptocurrency industry suggests a potential Trump administration would be more favorable toward digital assets compared to the Harris administration
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Bitcoin ETF Outflows Hit $287 Million as BTC Drops Below $56,000 Amid Recession Fears
Bitcoin ETF Outflows Hit $287 Million as BTC Drops Below $56,000 Amid Recession FearsBitcoin ETFs witnessed daily outflows of $287.8 million as risk-off sentiment in both crypto and traditional risk markets intensified
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Gold Prices Hit All-Time Highs, Central Banks Go on Buying Spree, But Bitcoin Still Leads the Pack
Gold Prices Hit All-Time Highs, Central Banks Go on Buying Spree, But Bitcoin Still Leads the PackDuring the first half of 2024, global central bank gold purchases reached a record high of 483 tons, driving gold prices to unprecedented levels. This staggering figure represents a 5% increase from the previous record of 460 tons set in the first half of 2023, with central bank gold purchases in the second quarter alone surging 6% year-on-year to 183 tons
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BNBChain Releases BNBGreenfield Whitepaper: A New Era for Decentralized Storage in Web3
BNBChain Releases BNBGreenfield Whitepaper: A New Era for Decentralized Storage in Web3BNBChain has announced the release of the BNBGreenfield whitepaper, marking a new era for decentralized storage in its ecosystem. BNBGreenfield is a decentralized storage system that integrates smart contracts into Web3 applications and ensures data availability through economic incentives and penalties
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Ethereum Gas Fees Hit 5-Year Low, Signaling a Bull Run?
Ethereum Gas Fees Hit 5-Year Low, Signaling a Bull Run?Ethereum gas fees have been steadily declining recently, hitting a five-year low. According to DuneAnalytics data, the median gas fee fell to 0
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Fed Rate Cut Expectations Rise, Financial Markets Diverge: Crypto Under Pressure, Gold Hits New High
Fed Rate Cut Expectations Rise, Financial Markets Diverge: Crypto Under Pressure, Gold Hits New HighBitcoin (BTC), cryptocurrencies, and broader financial markets were broadly under pressure in early trading on Friday, with some analysts attributing the decline to profit-taking after a rally fueled by the Japanese yen early last week. However, spot gold continued its stellar run, breaking through $2,500