Amidst the SEC's tough stance on crypto, portrayed by Gary Gensler, a narrative of Bitcoin mining nurturing local economies unfolds in Canada, Paraguay, and Texas, spotlighting a contrasting, beneficial facet of the crypto realm. The post SEC Gary Gensler Deems Bitcoin A Hub for Fraud, Yet These Nations Beg to Differ appeared first on BeInCrypto.
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As Bitcoin's price rallies, the crypto community on platform X is torn between selling or holding, while industry leaders forecast a bullish market driven by recent legal triumphs and the prospect of Bitcoin ETFs. The post Crypto Community Grapples With the Decision to Sell or Hold Bitcoin After the Recent Rally appeared first on BeInCrypto.
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BlackRock’s IBTC briefly appeared on the DTCC list, stirring hope among crypto enthusiasts for regulatory acceptance. However, its quick removal led to market volatility and further discussions on crypto regulation readiness. The post BlackRock’s iShares Spot Bitcoin Trust Removed From Depository Trust & Clearing Corporation appeared first on BeInCrypto.
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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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Bitcoin's rally past $31,000 breathes new life into MicroStrategy's crypto venture, mirroring a broader market optimism fueled by potential Bitcoin ETF approval and its decoupling from altcoins. The post Bitcoin Jumps Above $31,000, Making MicroStrategy Profitable appeared first on BeInCrypto.
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Amid the SEC's hesitant stance, the discourse around Bitcoin ETFs intensifies. The rising price of Bitcoin, driven by optimism for ETF approval, reflects a market ripe with expectation, despite historical regulatory hurdles. The post The Appeal of Bitcoin ETFs: Will the SEC Give the Green Light in 2023 or 2024? appeared first on BeInCrypto.
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Bitcoin could potentially reach $50,000 by the end of the year, according to predictions by analysts and Standard Chartered, based on historical price trends and increased miners' profitability. The post Will Bitcoin Close Year at $50,000? Experts Discuss BTC Price Trends appeared first on BeInCrypto.
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Key Bitcoin Lightning Network developer resigns due to security flaw, calls for foundational changes. The post Bitcoin Lightning Network Developer Resigns Amid Security Concerns appeared first on BeInCrypto.
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The Bitcoin (BTC) cycle, often linked to the BTC halving event every four years, influences cryptocurrency discussions. Historically, it follows a pattern: 2 years of gains, 1 year of loss, and 1 year of accumulation. The post This Bitcoin (BTC) Cycle Is Different: Here Are 5 Reasons Why appeared first on BeInCrypto.