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Tag Archives: bitcoin etf

New Zealand Central Bank Governor Slams Stablecoins and Crypto in Favor of Fiat Currency

CoinspeakerNew Zealand Central Bank Governor Slams Stablecoins and Crypto in Favor of Fiat Currency New Zealand’s central bank governor told the parliamentary Finance and Expenditure Committee that stablecoins are not a substitute for fiat money and are not as stable as purported. New Zealand Central Bank Governor Slams Stablecoins and Crypto in Favor of Fiat Currency

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Ark 21Shares Becomes Third Bitcoin ETF to Top $1 Billion After Big Inflow Day

On Feb. 9, Ark Invest reported that its ARKB ETF had crossed $1 billion in Bitcoin holdings. “This isn’t just a number – it’s a testament to the growing trust and interest in digital assets,” it stated. The milestone was also commented on by Bloomberg ETF analyst James Seyffart, who said it suggests that Ark had a big flow day on Friday. “Bitwise’s BITB on price appreciation alone is around $830 million right now,” he said before adding, “They’re probably relatively close...

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Here’s How Bitcoin (BTC) Price Can Reach $112K This Year: CryptoQuant CEO

Bitcoin’s price is poised for an upcoming rally this year, and the best scenario can take the asset to above $100,000 for the first time ever, said the CEO of CryptoQuant – Ki Young Ju. To do so, though, certain developments have to transpire, which are mostly related to the recently approved spot Bitcoin ETFs in the United States. ETFs Behind BTC’s Upcoming Rally? Ever since the entire crypto community and a bigger part of the traditional financial world started realizing...

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Bitcoin (BTC) Is Approaching a Turning Point After Extending Rally Beyond $47k

Bitcoin witnessed significant developments in recent weeks that have helped it extend its rally, surging past $47,000 for the first time in nearly a month. The uptick has brought a sense of relief for its investors, who recently endured a brief plunge to 38,500 and now find themselves comfortably in the profit zone amidst market recovery. Interestingly, the latest data by a CryptoQuant analyst suggests that the market is approaching a “turning point.” Where Is Bitcoin...

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Bitcoin ETFs Absorb $400 Million In One Day, Surpass $2 Billion Since Launch

Bitcoin spot ETFs recorded $400 million of net inflows on Thursday, bringing their total inflows since launch beyond $2 billion for the first time. The inflows were coupled by a surge in Bitcoin’s price late this week, taking it to $48,000 as of Friday. Bitcoin ETF Inflows Outpacing Grayscale In terms of daily flows, Thursday was the third best day yet for Bitcoin ETFs since going live on January 11. Their best performance remains the day of launch when they raked in $655...

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Recently Launched Spot Bitcoin ETFs, Excluding Grayscale’s GBTC, Surpass MicroStrategy’s BTC Holdings

CoinspeakerRecently Launched Spot Bitcoin ETFs, Excluding Grayscale’s GBTC, Surpass MicroStrategy’s BTC Holdings The several spot Bitcoin ETFs excluding Grayscale Investments now hold about 192k Bitcoins compared to MicroStrategy’s 190k according to its latest quarterly report. Recently Launched Spot Bitcoin ETFs, Excluding Grayscale’s GBTC, Surpass MicroStrategy’s BTC Holdings

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South Korea to Punish Violations of Crypto Law with Millions in Fines and Potential Life Imprisonment

CoinspeakerSouth Korea to Punish Violations of Crypto Law with Millions in Fines and Potential Life Imprisonment Violators of crypto law in South Korea now risk receiving fines up to five times the amount of illegal funds, or life imprisonment. South Korea to Punish Violations of Crypto Law with Millions in Fines and Potential Life Imprisonment

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