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Bitcoin's Consolidation on 1-Hour Chart Bitcoin's 1-hour chart shows a period of consolidation, with BTC's price movements lacking clear direction compared to longer timeframes. However, there was a notable drop to around $42,056, possibly indicating a purge of stop-loss orders or a brief panic sell-off following the approval of the spot bitcoin exchange-traded fund (ETF). […]

A senior analyst specializing in digital assets at global asset management firm Alliance Bernstein has advised investors to take advantage of the recent bitcoin dip and shift their focus towards the new bitcoin adoption cycle. This recommendation comes after the U.S. Securities and Exchange Commission (SEC) approved spot bitcoin exchange-traded funds (ETFs). Buy the Bitcoin

Introduction In the past 100 days, South Korea has witnessed a significant surge in crypto trading activity. The country's leading crypto exchanges, Upbit and Bithumb, have reported their highest trading volumes during the first week of January 2024. Interestingly, the most popular coins traded in South Korea differ from the leading pairs on global platforms

Introduction The approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) has raised eyebrows and sparked discussions. In a recent interview, SEC Chairman Gary Gensler pointed out the irony behind these approvals, emphasizing the shift towards centralization in a decentralized system. He also highlighted the risks associated with investing

Gamestop's Crypto Journey Halts In a prominent announcement on the Gamestop non-fungible token (NFT) marketplace, the company has revealed its decision to shut down the platform on February 2, 2024. This means that users of the Gamestop NFT market will no longer have the ability to buy, sell, or create NFTs. The Gamestop company (NYSE:

Introduction Renowned author Robert Kiyosaki, known for his book Rich Dad Poor Dad, is sounding the alarm on the rapid increase in the U.S. national debt. With the debt ballooning by a trillion dollars in a short period, Kiyosaki is urging investors to consider buying bitcoin, gold, and silver. He is not the only one

Blackrock's Ishares Bitcoin Trust Accumulates 11,439 BTC Blackrock's spot bitcoin exchange-traded fund (ETF), known as the Ishares Bitcoin Trust (IBIT), has recently acquired 11,439 bitcoin within just two days of trading on the Nasdaq stock exchange. This impressive amount of bitcoin has a market value of nearly $500 million. It's worth mentioning that Blackrock's IBIT

The Outlook on Bitcoin and Crypto Larry Fink, the CEO of Blackrock, the world's largest asset manager, recently expressed his strong belief in bitcoin and its significance, stating that it is "bigger than any government." In an interview with CNBC and Fox Business, Fink shared his outlook on bitcoin, cryptocurrency, and the spot bitcoin exchange-traded

Increased Probability of Bitcoin Reaching $1.5 Million Ark Investment Management CEO, Cathie Wood, has reaffirmed her bullish bitcoin forecasts, now perceiving a higher probability of the cryptocurrency's price skyrocketing to $1.5 million per coin. Wood highlights that the recent approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) has

Robert Kiyosaki Increases Bitcoin Holdings After SEC Green-Lights Spot BTC ETFs Rich Dad Poor Dad author Robert Kiyosaki has revealed that he bought additional bitcoin following the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The famous author is deeply concerned about the U.S. economy, particularly the threat