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Forecasts of approval of the much-anticipated Ethereum Exchange-Traded Funds (ETFs) are dwindling as top market analysts and experts express doubts about its possibility, citing a significant drop in approval odds over time.
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Bitcoin’s volatility takes center stage as the BlackRock iShares Bitcoin ETF (IBIT) outpaces MicroStrategy’s impressive holdings, marking a seismic shift in the cryptocurrency landscape.
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The cryptocurrency market is a tempestuous sea, and sometimes, even the biggest waves go unexplained. Such is the case with XRP, a digital asset used on the Ripple network for international payments.
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Bitcoin and gold have reached simultaneous record highs, echoing a symphony of surges that perplex market observers globally.
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Bitcoin soared to $69,018 on Tuesday, up from $44,000 at the beginning of the year, driving up prices for other major cryptocurrencies like ether and Solana.
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So far, the nine newly launched US spot Bitcoin exchange-traded funds (ETFs) have achieved a notable milestone, collectively accumulating over 300,000 BTC in assets under management (AUM) – a figure amounting to nearly 1% of BTC supply of 21 million – in just less than two months after their incepti
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Ripple CEO Brad Garlinghouse said in an interview with Bloomberg that ETFs from other cryptocurrencies aside from BTC and ETH are inevitable.
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Saylor argues that there is an increased demand for Bitcoin, largely influenced by investor appetite for spot Bitcoin ETFs.
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