Category: The Bull & The Bear
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1,799 BTC from dormant wallets moves after years of inactivity
1,799 BTC worth $212.77M moved from dormant wallets after years. Bitcoin activity spikes as long-term holders shift assets. Chainalysis and Glassnode track movements.
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Biden weighs Strategic Petroleum Reserve purchases after OPEC+ cuts 2023 supply
The US Strategic Petroleum Reserve holds 350M barrels; Biden administration considers purchases amid OPEC+ cuts and WTI at $75.
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BlackRock Bitcoin ETF IBIT hits $90 billion AuM as Bitcoin rises 5%
BlackRock’s Bitcoin ETF IBIT reached $90 billion in assets under management, surpassing Grayscale’s GBTC. Bitcoin price rose 5% to $65,000 amid inflows.
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Kenneth Bessent suggests US expand Bitcoin holdings beyond 210,000 BTC
Kenneth Bessent suggests the US could increase Bitcoin holdings; Treasury currently holds 210,000 BTC; MicroStrategy and Tesla also major holders.
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Bitcoin drops 12% from ATH as JPMorgan cites ETF inflows and 2024 halving
Bitcoin (BTC) dropped 12% from its $73,000 ATH, yet analysts like JPMorgan predict further gains due to ETF inflows and halving in April 2024.
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Bitcoin BTC hits $60,000 as MicroStrategy MSTR adds 5,000 BTC in Q1 2024
Bitcoin BTC could reach $300,000 as it surpasses $60,000, with MicroStrategy MSTR increasing holdings by 5,000 BTC in Q1 2024.
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XRP drops 12% as Cardano rises 15% following smart contract upgrades
XRP dropped 12% amid SEC lawsuit updates, while Cardano surged 15% after smart contract upgrades. Bitcoin held steady at $42,000.
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Bitcoin drops 8% to $26,500 after September inflation report
Bitcoin dropped 8% to $26,500 as inflation data spooked markets. Ethereum fell 6%, while S&P 500 declined 1.5% amid Fed concerns.
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TeraWulf stock jumps 38% on $3.7B Google AI infrastructure deal
TeraWulf stock rose 38% following a $3.7 billion AI infrastructure deal with Google, boosting its market cap to $1.2 billion amid rising demand for AI solutions.
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Ark Invest buys $177 million in Bullish shares post crypto IPO
Cathie Wood’s Ark Invest purchased $177 million in Bullish shares post-IPO. Bullish, backed by Peter Thiel, focuses on crypto trading. Bitcoin rose 5% last week.
