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Bitcoin Steadies as Tesla Indicates Possibility of BTC Payment Reacceptance

According to its recent quarterly report filing with the US Securities and Exchange Commission, Tesla could start accepting Bitcoin (BTC) as payment for its vehicles again. The behemoth electric vehicle manufacturer revealed in its Q3 filing that as of September 30, the company purchased a total of $1.5 billion BTC worth. Until March, Tesla accepted […]

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Bitcoin Price Analysis: JPM Analysts Propose Reason Behind Recent Rally

JP Morgan Chase analysts, led by Nikolaos Panigirtzoglou, published a research work detailing the reason behind the recent Bitcoin (BTC) boom. The research explained that the hype surrounding the first-ever approved Bitcoin futures ETF in the US is not responsible for the rally, instead inflation is driving BTC to record highs. ProShares Bitcoin Strategy ETF, […]

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Bitcoin ETF: SEC Chairman's Comments on Regulation of Cryptocurrency Exchanges Dampen Hopes

Bitcoin Records New ATH at $67,000, as ETF Space Opens Up to BTC

Bitcoin (BTC) has had a ridiculously bullish session this week as it made history with its first US SEC-approved futures Exchange-Traded Fund (EFT). ProShares Bitcoin Strategy ETF (BITO) launched on Tuesday amid volcanic fanfare and record-breaking ETFs volume. Yesterday, BTC recorded a new all-time high at $67,000 due to the excitement from the news. As […]

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Bitcoin ETFs Suffer Dip in Inflows as Bitcoin Price Drops

Bitcoin Touches $63,000 Amid Excitement Over Possible BTC ETF Approval

It appears that the US States Securities and Exchange Commission (SEC) could approve its first Bitcoin (BTC) Exchange-Traded Fund (ETF) soon, after years of turning down numerous ETF proposals. The company that filed for its Bitcoin Strategy ETF, ProShares, could become the first company to receive the BTC ETF greenlight from the SEC next week. […]

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The United States Become Cryptocurrency Mining Epicenter Amid China Crypto Ban

The United States has become the global epicenter for cryptocurrency (Bitcoin) mining following the mass migration of miners from China due to the clampdown by the Chinese government. The Chinese government took a hostile stance against the cryptocurrency industry to control financial risk in the region. China became the cradle of Bitcoin and crypto mining […]

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Bitcoin Price Analysis: Long-Term Holders Remain Unshaken by Price Action

New reports from Glassnode show that despite the recent price surge in Bitcoin (BTC), long-term holders have shown no intention to liquidate and realize profits yet. The blockchain analytics provider also revealed that the percentage of BTC supply held for at least three months reached 85%, a new all-time high. Citing data from Glassnode, famous […]

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Bitcoin Queries Currently at Significant Lows, Indicating Absence of Retailers

According to on-chain data, retail traders have not returned on the Bitcoin (BTC) scene despite the recent +35% rally. Google Trends data shows that queries about BTC, which is typical in market conditions like presently, are nowhere close to conventional heights. Reports show that the number of “Bitcoin” queries on Google is at relative lows […]

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