Bitcoin prices are rising amid anticipation of a spot ETF approval, similar to the surge in gold prices following its first ETF approval in 2004. If Bitcoin follows this trend, it could reach $120,000. The post Gold Prices Soared 300% After First ETF Approval, Will Bitcoin (BTC) Follow? appeared first on BeInCrypto.
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Bitcoin surged to a new high for the year at over $34,000, with institutional inflows to crypto products reaching $66 million, the fourth consecutive week of increases. The post Institutional Inflows Hit $66 Million as Bitcoin (BTC) Surges to $35,000 appeared first on BeInCrypto.
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Chainlink's LINK has surged nearly 20% in less than 24 hours, reaching its highest level since May 2022. The rise is attributed to Korean exchanges Bithumb and Upbit accumulating LINK. The post Altcoin Revival: Why Has Chainlink (LINK) Surged 20% in a Day? appeared first on BeInCrypto.
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The week's economic calendar includes the release of US GDP figures. Meanwhile, crypto markets have seen significant gains, reaching a $1.19 trillion market cap. The post Weekly Economic Calendar: Q3 GDP Figures and More Market Volatility appeared first on BeInCrypto.
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Around 23,000 Bitcoin options contracts worth about $640 million and 210,000 Ethereum contracts valued at $320 million are set to expire, which could potentially boost market momentum. The post Can $640M Bitcoin Options Expiry Bolster Already-Hot Market Momentum? appeared first on BeInCrypto.
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Coinbase has open-sourced its Base smart contract and web repositories to enhance transparency and collaboration. Despite initial issues, Base has become the third largest layer-2 blockchain with a total value locked of $549 million. The post Coinbase Base Open Sources Contracts, Becomes Third Largest Layer-2 appeared first on BeInCrypto.
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This was the first major delay since the Aptos mainnet launch. It highlights the need for more rigorous testing of edge cases by ecosystem developers when proposing future changes. The post Aptos Post Mortems Five-Hour Network Outage Citing Code Issues appeared first on BeInCrypto.
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Bitcoin's market dominance has reached its 2023 high at 52.17%, as altcoins continue to struggle, with many still 80-90% down from their peaks. The post Bitcoin Dominance Climbs to 2023 High as Altcoin Anguish Persists appeared first on BeInCrypto.
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Stablecoins are one of the world's largest holders of US Treasuries, with their combined total making them the 16th largest holder globally, holding more than nations like Norway and Germany. The post How Stablecoins Are Creating New Demand for US Treasuries appeared first on BeInCrypto.
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Blockchain analytics firm Chainalysis reported that terrorism financing is primarily conducted in fiat, not cryptocurrency, contrary to claims by anti-crypto politicians. Cryptocurrency's blockchain transparency allows for easier identification and disruption of terror funding flows. The post Cash is King for Terror Financing, Crypto Plays Negligible Role appeared first on BeInCrypto.