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Where Will Bitcoin Be at the End of 2023? Analysts Weigh In

Bitcoin has been on something of a roll in 2023. While things aren’t quite where they could be, many analysts are excited about the fact that this has virtually been the exact opposite of 2022, a year in which bitcoin and its many crypto cousins fell into oblivion, and they’re all wondering where the world’s leading digital asset will end the year. Where Will Bitcoin Be in 6 Months? Charmyn Ho – head of crypto insights at digital asset exchange By Bit – said in a...

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New ATH: Bitcoin’s Unmoved Supply Peaks Amid Institutional Interest (Bitfinex Report)

Leading crypto exchange Bitfinex released its latest Bitfinex Alpha report, a weekly publication that offers on-chain data and insights into the dynamic crypto market. This week’s document found that the amount of unmoved bitcoin has reached its highest point. The report further highlights an intriguing development in liquidity trends. Bitcoin liquidity has experienced a decrease, while that of Tether USDT has witnessed a noteworthy increase. Bitcoin’s Unmoved Supply Hits...

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Approving a Spot BTC ETF Would be ‘Hard to Resist,’ Former SEC Chair Says

Jay Clayton – former Chairman of the US Securities and Exchange Commission (SEC) – believes the agency should approve a spot Bitcoin ETF in America if the interested companies prove the safety of the product. However, he could not predict when such a green light would come. Multiple behemoths, including BlackRock, Invesco, and Fidelity Digital Assets, have recently filed to launch such a fund. The SEC has previously given its nod to a futures BTC ETF but has been reluctant to...

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Apple Expands Retail Reach in China with Official Store Opening on WeChat 

CoinspeakerApple Expands Retail Reach in China with Official Store Opening on WeChat  While the Chinese smartphone market experienced a 5% decline in sales during the first quarter of 2023, Apple's iPhone sales demonstrated resilience, growing by 6% year-on-year during the same period. Apple Expands Retail Reach in China with Official Store Opening on WeChat 

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Vanguard Group Buys 10% Stake In Bitcoin Miner Riot

The $7 trillion asset management giant Vanguard Group now owns a 10.24% stake in Riot Blockchain (NASDAQ: RIOT) – the world’s largest Bitcoin mining company. A filing with the Securities and Exchange Commission (SEC) on Monday showed that Vanguard has upped its exposure to the firm from 15.2 million shares to 17.9 million. Based on Riot’s current share price, Vanguard’s stake is now worth $295 million. The company also bought millions of shares in competing firm Marathon...

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