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“# BREAKING: BlockFi files for physically-backed Bitcoin ETF ” Cryptocurrency lending firm BlockFi has filed paperwork with the United States Securities and Exchange Commission, or SEC, to launch a physically-backed Bitcoin exchange-traded fund, kicking off what’s expected to be a big week for the crypto markets The Form S-1 filing for BlockFi NB Bitcoin ETF…
“# DeFi tokens see double-digit gains as Ethereum and Bitcoin chase new highs ” Momentum in the cryptocurrency market is back on the rise on Nov. 8 after a solid rally from Bitcoin (BTC) placed the price back above $66,000 and Ether hit a new all-time high at $4,793. The gains from the largest two…
“# Huobi Group is moving to Gibraltar following China crackdown ” Huobi Group, a Bitcoin (BTC) technology firm established in 2013, is relocating its spot-trading business to Gibraltar as a precautionary measure following China’s cryptocurrency clampdown. According to a report by Bloomberg, the Gibraltar Financial Services Commission has authorized Huobi to begin moving its spot-trading…
“# Bitcoin retains $65K after Elon Musk sell-off sees BTC pass Tesla market cap ” Bitcoin (BTC) held $65,000 during Nov. 8 as major gains seemed unfazed by Tesla (TSLA) stock losing 5% at the Wall Street open. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin beats Tesla by market cap Data from Cointelegraph Markets…
“# Bitcoin price in classic ‘Bull Pennant’ breakout as BTC whales go on buying spree ” Bitcoin (BTC) has the potential to rise toward $75,000 by the end of this year as it breaks out of a classic bullish pattern and picks additional upside cues from its richest investors’ recent accumulation spree. Bitcoin Bull Pennant…
“#Crypto market passes $3 trillion in value as bitcoin surges” The total value of the cryptocurrency market shot past $3 trillion Monday morning as the price of bitcoin and other major cryptos rose in a bull market. The sector’s overall market cap rose by about 3.6 percent in the past 24 hours, pushing it above…
“# Zimbabwe may be the next country to embrace Bitcoin as legal tender ” Zimbabwe has been paying attention to the increasing demand for crypto among its people, which it views as a possible avenue for growth. The country has also been receptive to regulating the entire sector. Zimbabwe’s government is considering utilizing Bitcoin (BTC)…
“# Kazakhstan Senate approves legislation regulating crypto service providers ” According to new legislation passed by the upper house of the country’s national parliament today, crypto businesses in Kazakhstan may soon be subjected to Anti-Money Laundering (AML) regulations, as reported by local news outlet Vlast. The new law extends the country’s financial monitoring system to cover…
“# ‘Resistance is futile’ — 5 things to watch in Bitcoin this week ” Bitcoin (BTC) starts a new week on a high in more ways than one as BTC/USD seals its highest ever weekly close. After days of painfully slow progress, Bitcoin finally put in a breakout move to the upside to pass crucial…
“# Crypto markets tag $3T combined market cap for first time ” With Bitcoin trading within 2% of its all-time high while Ethereum, Solana, and Polkadot push into previously uncharted price ranges, CoinGecko estimates that the combined cryptocurrency market cap has broken above $3 trillion for the first time. According to CoinGecko, the total crypto…