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The Bitcoin Gloom: July Market Outlook
The Bitcoin Gloom: July Market OutlookWhile Bitcoin is shrouded in gloom throughout July, investors remain optimistic about the cryptocurrency's performance in the second half of the year. Since March, Bitcoin has been stuck in a narrow trading range between $60,000 and $70,000, failing to break out...
Blockchain 2024-07-04 10:42:44 -
Bitcoin to Break All-Time High? CCData: Still Potential This Year
Bitcoin to Break All-Time High? CCData: Still Potential This YearCCData released a research report on Tuesday stating that Bitcoin has yet to reach the peak of its current appreciation cycle and is expected to surpass its all-time high this year. The report analyzes Bitcoin's historical price trends and concludes that it still has the potential to rise further...
Blockchain 2024-07-04 10:42:23 -
Mt. Gox to Repay Users, Potential Bitcoin Sell-Off Looms: Short-Term Impact?
Mt. Gox to Repay Users, Potential Bitcoin Sell-Off Looms: Short-Term Impact?Mt...
Blockchain 2024-07-04 10:41:38 -
The Rise of Leveraged and Inverse Bitcoin ETFs: A New Chapter in the Bull Market
The Rise of Leveraged and Inverse Bitcoin ETFs: A New Chapter in the Bull MarketThe cryptocurrency market is experiencing a renewed bull run ignited by the launch of spot Bitcoin ETFs, and Wall Street is capitalizing on the opportunity by introducing leveraged and inverse ETF products that are further fueling market enthusiasm. This week, prominent financial product issuer ProShares launched Ultra Bitcoin ETF (BITU) and ProShares UltraShort Bitcoin ETF (SBIT)...
Blockchain 2024-06-21 15:35:36 -
UBS to Offer Bitcoin ETF, Launching Next Week
UBS to Offer Bitcoin ETF, Launching Next WeekAccording to Cailian Press on April 2, sources revealed that UBS will add a Bitcoin ETF service and launch it widely next week. UBS manages $3...
Blockchain 2024-06-19 12:20:03 -
The 61,000 Bitcoin Money Laundering Case: The Escape and Recapture of a Mysterious Cult Leader
In March 2024, British media reported on a sensational Bitcoin money laundering case involving Ms. Yadi Zhang (the alias used by Ms...
Blockchain 2024-05-24 16:50:59 -
Microsoft Reassigns Parts of Chinese AI Teams Overseas
Reports surfaced on May 15 that several artificial intelligence (AI) teams within Microsoft's Chinese division are being relocated to the United States and Australia. The rumor mill suggests that Microsoft will assist employees and their families with visa applications, with the potential for hundreds of staff members to be affected...
Industry dynamics 2024-05-24 16:31:47 -
Bitcoin Surges Past $72,000, Gaining 3.6% in 24 Hours
Bitcoin Surges Past $72,000, Gaining 3.6% in 24 Hours The digital asset market is seeing significant gains, with Bitcoin (BTC) leading the charge...
Blockchain 2024-04-09 18:15:06 -
Major Fund Companies Race into Bitcoin ETF Market via Hong Kong Subsidiaries
As the Bitcoin market flourishes, major fund companies are ramping up their presence to seize the investment opportunity. Notably, several have opted to take an indirect approach by establishing subsidiaries in Hong Kong to apply for and launch Bitcoin ETFs...
Blockchain 2024-04-08 16:38:31 -
Bitcoin Surges Past $70,000, Hitting a New High Since April
Bitcoin has broken above the $70,000 mark, reaching a new high since April 1, according to data from Every AI Flash News. As of press time, Bitcoin is trading at $70,015, up 1...
Blockchain 2024-04-08 16:17:35 -
Bitcoin Breaks Below $65,000, Dragging Down Crypto Stocks
On April 2, Bitcoin, the world's largest cryptocurrency by market capitalization, plunged below the $65,000 mark. This decline has triggered a sell-off in crypto-related stocks...
Blockchain 2024-04-03 16:51:13 -
Gold vs. Bitcoin: Which Will Come Out on Top?
With Bitcoin, the flagship cryptocurrency, hovering around the $70,000 mark, gold has an opportunity to steal a march on its crypto rival. Gold and digital currencies have traded in tandem over the past month, hitting new records even as stock markets approach their highs...
Blockchain 2024-04-02 20:33:01