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BlackRock Bitcoin Fund Sees Record Inflows on Single Day, 'Trump Trade' Sparks Market Interest?On Wednesday, BlackRock's iSharesBitcoinTrust exchange-traded fund (ETF) saw a record high net cash inflow, with approximately $872 million pouring in. This staggering figure places the fund, which was established only nine months ago, among the top ETFs globally in terms of subscription volume for 2024

Solana ETF Mania Continues: Canary Capital Joins the Race, Following in the Footsteps of Bitcoin and Ethereum ETF ApprovalsCanary Capital, a new digital asset management firm, has applied to launch a spot Solana exchange-traded fund (ETF) in the United States, joining a growing list of hopefuls including VanEck and 21Shares, further fueling the momentum behind Solana ETFs. Canary Capital's move comes on the heels of the SEC's approval of Bitcoin and Ethereum ETFs, indicating growing institutional investor interest in Solana

Bitcoin "Golden Cross" Resurfaces, Institutional and Retail Demand Rise in Tandem, Market Outlook PositiveBitcoin (BTC) has recently exhibited robust performance, forming a crucial technical pattern known as the "Golden Cross." This signal, which occurs when the 30-day moving average (30-DMA) crosses above the 365-day moving average (365-DMA), is generally perceived as a strong bullish indication for the market

Bitcoin Dominance Rises, Altcoin Season Possibly Delayed: ETF Inflows Drive Bitcoin RallyBitcoins dominance in the cryptocurrency market is steadily rising, potentially dimming expectations of an altcoin season ahead of the US presidential election. According to the Bitcoin Dominance Index (BTC

With the US Election Approaching, Financial Markets Bet on Trump's Victory, US Stocks Suffer Major Sell-Off, Bitcoin Surges then Retracts, What's Next?On Friday, Bitcoin's price dipped to $71,440 after US stock markets opened, subsequently rebounding and hovering around $72,300. Bulls are trying to gather strength and launch another attack, aiming to break through the previous high

Bitcoin Suffers Another Major Plunge, Over 148,000 Liquidated: Halving Effect Continues to Ferment, Market Risks IntensifyOn October 26th, Bitcoin prices saw another significant drop, falling nearly 4% at one point. According to data from Coinglass, the virtual currency market experienced a collective decline, with Ethereum falling over 3

The Bitcoin Investor's Password Dilemma: $3 Million in Wealth, a Forgotten PasswordThe recent surge in popularity of cryptocurrencies like Bitcoin has attracted countless investors to the burgeoning digital asset realm. However, behind this digital wealth frenzy lie numerous risks and challenges, one of which is password management

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

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

Main Business Lags, Bitcoin "Side Hustle" Soars: MicroStrategy's Crazy GambleDespite its core business performing flat, MicroStrategy, as the largest "Bitcoin proxy" on the US stock market, has seen its stock price deeply tied to Bitcoin, even exceeding the gains of tech giant Nvidia over the past two years. This unusual phenomenon of a "struggling main business, booming side hustle" has drawn widespread attention

Five Key Indicators Suggest Bitcoin is Poised to Break All-Time HighsBitcoin is on track to reach new all-time highs by 2025, fueled by a confluence of positive technical and on-chain indicators, optimistic sentiment surrounding the upcoming U.S

Can Bitcoin Break Through $400,000? Deciphering the Key Factors Influencing its Price TrajectoryWhether Bitcoin can break through the $400,000 mark is a question that has garnered significant attention, but the answer is not set in stone. Its price movement is influenced by numerous factors, including both positive catalysts and potential risks