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Bloomberg analysts have reduced their prediction of the likelihood of an Ethereum spot ETF approval in May to just 35%. Amid a heated cryptocurrency market fueled by inflows into Bitcoin spot ETFs, the community is increasingly hopeful for SEC approval of an Ethereum spot ETF by May. However, as the
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Bitcoin's surge above $72,000 has propelled its market capitalization to $1.4 trillion, surpassing Silver to become the world's 8th largest asset. Bitcoin Hits New High at $72,200, MicroStrategy Buys Additional 12,000 BTC Not content with the $69,990 mark set just 2
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In less than two months since its launch, the BlackRock iShares Bitcoin ETF (IBIT) has accumulated more Bitcoin (BTC) holdings than MicroStrategy. ETF of BlackRock Holds More Bitcoin Than MicroStrategy. Image: Unchained Crypto According to BitMEX Research data as of March 8, the BlackRock Bitcoin spot ETF, IBIT, holds 198,
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As the cryptocurrency market enters a bullish phase with Bitcoin reaching ATH, many billionaires and investment experts are shifting their stance to support BTC. Most recently, billionaire investor Bill Ackman garnered attention by envisioning a significant rise in BTC price. On his former Twitter account, Bill Ackman predicted: "Imagine
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The rapid surge in ETH prices and the bustling memecoin trading activity have led to continuously escalating transaction fees on the Ethereum network. Ethereum burns nearly $600 million in ETH fees in the last 30 days. Image: Decrypt According to statistics from multiple sources, transaction gas fees on Ethereum have
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After six months of deploying the inEVM testnet, Injective has officially released the mainnet for this layer-2 solution. Injective Launches Mainnet for inEVM Layer-2. Image: Blockworks In an announcement on the evening of March 7th, the Cosmos-based layer-1 blockchain Injective began rolling out the inEVM layer-2 mainnet. The company positions
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On the evening of March 7th, Optimism announced its plan to sell OP tokens to private investors, a move that quickly sparked mixed reactions within the community. Optimism continues to sell 19.5 million OP tokens to private investors The latest update shared with the community by Optimism on the
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After 2 years and 3 months of anticipation, Bitcoin finally reached a new all-time high (ATH). Bitcoin hits new ATH at $69,990 and immediately corrects Around 10:30 PM on March 8, 2024, Bitcoin surged to $69,990, officially setting a new all-time high (ATH) after surpassing the previous
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The Solana-based memecoin, dogwifhat, continues to heat up following its recent listings on Robinhood EU and Binance. dogwifhat (WIF) Sets ATH After Binance Listing. Image: Crypto Briefing Over the past 24 hours, dogwifhat (WIF) has emerged as the standout memecoin, outshining even the market-leading memecoins like Pepe (PEPE) and Shiba
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Grayscale, the powerhouse behind the largest Bitcoin spot ETF in the market, has announced a new fund designed to stake specific cryptocurrencies and distribute profits back to investors. The newly launched fund, named GDIF (Grayscale Dynamic Income Fund), encompasses assets from 9 different blockchains: * Aptos (APT) * Celestia (TIA) * Coinbase Staked
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The cryptocurrency market experienced 12 hours of intense volatility after Bitcoin surged back to $69,000 for the first time in 2 years. Volatility of top cryptocurrency coins at 09:30 AM on March 6, 2024 As reported by Coin68, Bitcoin (BTC) reached its ATH of $69,000 on the
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The world's largest cryptocurrency, Bitcoin, continues its upward trajectory in early March 2024, nearing the ATH of $69,000. Crypto Market Movement at 09:00 AM on 05/03/2024. Source: Coin360 Throughout March 4th and into the morning of March 5th, Bitcoin (BTC) maintained its bullish momentum