Argentina’s state-run energy provider has completed a new Bitcoin (BTC) mining deal that will see the firm use associated gas to power 1,200 ASIC mining rigs in Patagonia. Per the Spanish-language media outlet Criptonoticias, the deal involves the Argentinian government-owned firm Fiscal Petroleum Yacimientos (YPF) and its YPF Luz affiliate. The agreement also involves the…
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Bitcoin Price Prediction: As Bitcoin oscillates around $61,368 following a 2.60% decrease, market watchers are closely monitoring the impact of a new $1 billion liquidity fund for Hong Kong’s crypto ETFs. This fund aims to stabilize and perhaps catalyze a bull market in Asia, influencing Bitcoin price predictions across the region. Wintermute Enhances Liquidity for…
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Susquehanna International Group, a behemoth in asset management with a trading volume handling numerous financial products globally, has made a substantial investment in Bitcoin through various exchange-traded funds (ETFs). A disclosure to the Securities and Exchange Commission (SEC) on May 7 revealed that Susquehanna held approximately $1.2 billion in spot ETFs during the first quarter…
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The crypto market is currently buzzing with anticipation as Bitcoin options traders position themselves for what they foresee as a “substantial price rally” in September. Particularly, the derivatives market is expressing confidence, with a significant number of traders betting on Bitcoin surpassing the $100,000 mark. Bitcoin Market Optimism Amidst Whale Movements Recent analysis from industry…
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Freshly published SEC filings have uncovered a massive Bitcoin whale holding nine-figure funds spread across multiple U.S. Bitcoin ETF products. According to a May 7 13F-HR filing submitted to the Securities and Exchange Commission (SEC), Susquehanna International Group, LLP (SIG) holds $1.8 billion worth of shares in such products. Massive Asset Manager Buys Bitcoin ETFs…
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Following a four-month period of consistent outflows, Grayscale’s spot Bitcoin exchange-traded fund (ETF) has finally witnessed a positive shift. Over the past two days, the Grayscale Bitcoin Trust (GBTC) has attracted inflows totaling $66.9 million. This change in tide comes after a major period of decline, during which GBTC saw an average daily outflow of…
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In an interview with journalist Natalie Brunell, Michael Saylor, executive chairman and co-founder of MicroStrategy, laid out his vision for what could next propel the price of Bitcoin. His insights come at a time when the digital currency landscape is experiencing pivotal regulatory and institutional developments. The Next Big Catalyst For Bitcoin Price Saylor pinpointed…
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Bitcoin Price Prediction Bitcoin failed to continue its upward trend despite multiple supporting factors, such as a bearish US dollar and a dovish stance from the Federal Reserve. BTC lost some of its gains, dropping to around $63,400 and hitting an intraday low of $62,961. Although Bitcoin began the week on a bullish note after…
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The largest Bitcoin miners have published their monthly performance figures for the first time since the Bitcoin network’s fourth halving event last month. The TLDR is that the impact of the halving on the mining industry has been small thus far but still noticeable. Here’s everything you need to know. Bitcoin Miners Still Performing Post-Halving…
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Crypto analyst Ali Martinez has revealed that it may still be an excellent time to accumulate Bitcoin. This comes amidst the flagship crypto’s recent price recovery, with the crypto token skyrocketing above $64,000. Bitcoin Is Still In A “Prime Buy Zone” Martinez mentioned in an X (formerly Twitter) post that Bitcoin’s Market Value to Realized…
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