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NEW: Survey Shows That Turkish Investors Choose Cryptocurrencies Ove Stock And Real Estate.
A groundbreaking survey by Paribu reveals a major shift among Turkish investors toward digital assets. The "2024 Cryptocurrency Awareness and Perception Survey" shows that while gold and foreign currency remain popular, cryptocurrencies now rank as a top choice for 30% of investors—overtaking traditional investments like real estate and stocks.
According to Nergis Nurcan Karababa, Paribu's research content manager, this surge is driven by the rapid transaction speeds, easy accessibility, and potential for high returns that crypto offers over traditional financial products. Additionally, institutional interest is on the rise, further accelerating crypto's appeal.
#Although 99% of Turks are now aware of cryptocurrencies, understanding blockchain technology still lags, with 72% lacking familiarity. Yet, there’s a growing curiosity around blockchain's role in digital assets, hinting at an expanding engagement with the technology shaping the future of finance.
#Crypto #BTC☀ $BTC $ETH
NEW: Survey Shows That Turkish Investors Choose Cryptocurrencies Ove Stock And Real Estate.
A groundbreaking survey by Paribu reveals a major shift among Turkish investors toward digital assets. The "2024 Cryptocurrency Awareness and Perception Survey" shows that while gold and foreign currency remain popular, cryptocurrencies now rank as a top choice for 30% of investors—overtaking traditional investments like real estate and stocks.
According to Nergis Nurcan Karababa, Paribu's research content manager, this surge is driven by the rapid transaction speeds, easy accessibility, and potential for high returns that crypto offers over traditional financial products. Additionally, institutional interest is on the rise, further accelerating crypto's appeal.
#Although 99% of Turks are now aware of cryptocurrencies, understanding blockchain technology still lags, with 72% lacking familiarity. Yet, there’s a growing curiosity around blockchain's role in digital assets, hinting at an expanding engagement with the technology shaping the future of finance.
#Crypto #BTC☀ $BTC $ETH
WORLD ON CHAIN⛓️
New: BlackRock's Bitcoin ETF Hits Record $30 Billion Ahead of U.S. Election.
#ETFvsBTCvsBTC $BTC BlackRock's groundbreaking spot Bitcoin exchange-traded fund (ETF) has hit a remarkable milestone, surpassing $30 billion in assets, highlighting strong demand for Bitcoin. Launched on January 10 this year, the ETF now holds over 417,000 Bitcoins, worth around $30.4 billion, reflecting growing acceptance and investor trust in the cryptocurrency.
With the U.S. presidential election nearing on November 5, inflows into the Bitcoin ETF have seen a noticeable rise, showing increased interest in cryptocurrency as a reliable investment ahead of pivotal political events that often impact market trends.
Reaching $30 billion in less than 10 months, BlackRock’s ETF has set a record as the fastest to hit this valuation, as noted by Bloomberg’s senior ETF analyst Eric Balchunas. Previously, $JEPI and $GLD held the record but took much longer to reach similar levels. This milestone highlights not only the ETF’s success but also a key moment in the progression of cryptocurrency investments.
New: BlackRock's Bitcoin ETF Hits Record $30 Billion Ahead of U.S. Election.
#ETFvsBTCvsBTC $BTC BlackRock's groundbreaking spot Bitcoin exchange-traded fund (ETF) has hit a remarkable milestone, surpassing $30 billion in assets, highlighting strong demand for Bitcoin. Launched on January 10 this year, the ETF now holds over 417,000 Bitcoins, worth around $30.4 billion, reflecting growing acceptance and investor trust in the cryptocurrency.
With the U.S. presidential election nearing on November 5, inflows into the Bitcoin ETF have seen a noticeable rise, showing increased interest in cryptocurrency as a reliable investment ahead of pivotal political events that often impact market trends.
Reaching $30 billion in less than 10 months, BlackRock’s ETF has set a record as the fastest to hit this valuation, as noted by Bloomberg’s senior ETF analyst Eric Balchunas. Previously, $JEPI and $GLD held the record but took much longer to reach similar levels. This milestone highlights not only the ETF’s success but also a key moment in the progression of cryptocurrency investments.
New: Blockstream Raises $210 Million To Expand Bitcoin Treasury And Develop Projects.
Blockstream, a pioneering force in Bitcoin infrastructure, has secured an impressive $210 million through a convertible note financing round led by Fulgur Ventures. This substantial investment is set to fast-track the adoption of Blockstream's innovative Bitcoin Layer 2 solutions, including the Liquid Network and Core Lightning, which aim to make Bitcoin transactions faster and more affordable.
Adam Back, Blockstream's co-founder and CEO, described the funding as a pivotal moment in the company's journey, marking the beginning of a crucial growth phase to strengthen the connection between Bitcoin and the global financial landscape. In addition to enhancing its Layer 2 technologies, Blockstream plans to expand its mining operations and bolster its Bitcoin reserves, positioning itself for the next market cycle.
With more than $1.8 billion in assets issued on the Liquid Network, including stablecoins and tokenized bonds, and over 3,844 BTC locked onchain, Blockstream is solidifying its role as a cornerstone of the Bitcoin ecosystem. This strategic move is poised to capitalize on the rising interest in Bitcoin as a major asset class and fuel the widespread adoption of digital asset tokenization.
Blockstream, a pioneering force in Bitcoin infrastructure, has secured an impressive $210 million through a convertible note financing round led by Fulgur Ventures. This substantial investment is set to fast-track the adoption of Blockstream's innovative Bitcoin Layer 2 solutions, including the Liquid Network and Core Lightning, which aim to make Bitcoin transactions faster and more affordable.
Adam Back, Blockstream's co-founder and CEO, described the funding as a pivotal moment in the company's journey, marking the beginning of a crucial growth phase to strengthen the connection between Bitcoin and the global financial landscape. In addition to enhancing its Layer 2 technologies, Blockstream plans to expand its mining operations and bolster its Bitcoin reserves, positioning itself for the next market cycle.
With more than $1.8 billion in assets issued on the Liquid Network, including stablecoins and tokenized bonds, and over 3,844 BTC locked onchain, Blockstream is solidifying its role as a cornerstone of the Bitcoin ecosystem. This strategic move is poised to capitalize on the rising interest in Bitcoin as a major asset class and fuel the widespread adoption of digital asset tokenization.
MicroStrategy Targets Trillion-Dollar Valuation in Bitcoin Bank Strategy, Says Saylor!
Under Michael Saylor's leadership, MicroStrategy is positioning itself to become a leading bitcoin bank. The company has accumulated 252,220 BTC, valued at over $15 billion, outperforming many traditional investments through its aggressive acquisition strategy. In a Bernstein interview, Saylor highlighted bitcoin as a hedge against inflation and a magnet for investors seeking high returns.
MicroStrategy’s goals include developing various bitcoin-based financial instruments, such as equity and debt, with the aim of transforming into a trillion-dollar company. Saylor plans to leverage U.S. capital markets to accelerate this growth, potentially boosting bitcoin’s global financial share from 0.1% to 7% by 2045.
Saylor advocates borrowing to invest in bitcoin as a smarter strategy than traditional lending, as it lowers risks like counterparty defaults. Combined with bitcoin's expected annual growth, this approach positions MicroStrategy for significant expansion and influence in the crypto space.
$BTC
Under Michael Saylor's leadership, MicroStrategy is positioning itself to become a leading bitcoin bank. The company has accumulated 252,220 BTC, valued at over $15 billion, outperforming many traditional investments through its aggressive acquisition strategy. In a Bernstein interview, Saylor highlighted bitcoin as a hedge against inflation and a magnet for investors seeking high returns.
MicroStrategy’s goals include developing various bitcoin-based financial instruments, such as equity and debt, with the aim of transforming into a trillion-dollar company. Saylor plans to leverage U.S. capital markets to accelerate this growth, potentially boosting bitcoin’s global financial share from 0.1% to 7% by 2045.
Saylor advocates borrowing to invest in bitcoin as a smarter strategy than traditional lending, as it lowers risks like counterparty defaults. Combined with bitcoin's expected annual growth, this approach positions MicroStrategy for significant expansion and influence in the crypto space.
$BTC
World On-Chain ⛓️
📊Nearly half of ETF investors (45%) are planning to invest in bitcoin & crypto ETF's 🚀
💰✅ Will you invest in crypto ETF's this year?👀
Comment Here👇
📊Nearly half of ETF investors (45%) are planning to invest in bitcoin & crypto ETF's 🚀
💰✅ Will you invest in crypto ETF's this year?👀
Comment Here👇
🌍 World On Chain⛓️
Bitcoin's price hit a new high, going over $70,000 for a bit.
This made crypto-related stocks go up 👀👇
- Coinbase Global's stock went up by 8.3%🔼
- Bitfarms shares in the U.S. went up by 7.2%🔼
- MicroStrategy's stock increased by 5.1%🔼
- Riot Platforms' stock went up by 5.9%🔼
- Hut 8 Mining shares in the U.S. rose by 4%🔼
- Marathon Digital's stock went up by 11%🔼
- The ProShares Bitcoin Strategy ETF increased by 1.5%🔼
#Bitcoin #ETH #Stock
Bitcoin's price hit a new high, going over $70,000 for a bit.
This made crypto-related stocks go up 👀👇
- Coinbase Global's stock went up by 8.3%🔼
- Bitfarms shares in the U.S. went up by 7.2%🔼
- MicroStrategy's stock increased by 5.1%🔼
- Riot Platforms' stock went up by 5.9%🔼
- Hut 8 Mining shares in the U.S. rose by 4%🔼
- Marathon Digital's stock went up by 11%🔼
- The ProShares Bitcoin Strategy ETF increased by 1.5%🔼
#Bitcoin #ETH #Stock
🌎 World On Chain ⛓️
📢 Breaking News: Bitwise Takes the Lead as the First Spot Bitcoin ETF Issuer to Publicly Reveal Wallet Address.
Bitwise, a trailblazing crypto asset manager, has set a new standard by becoming the first among the top ten spot bitcoin exchange-traded fund (ETF) issuers to publicly reveal its digital wallet address. In a groundbreaking move, the San Francisco-based firm showcased a screenshot unveiling the Bitwise Bitcoin ETF’s (BITB) bitcoin address and holdings, totaling 11,858 bitcoins as of January 23. This initiative in transparency enables anyone to verify the fund’s holdings and transactions directly on the blockchain, aligning seamlessly with bitcoin’s commitment to onchain transparency.
Bitwise underscores the importance of onchain transparency within bitcoin’s ethos, proudly marking this innovative stride with BITB. The company aspires to enhance public transparency further through potential collaborations, such as exploring partnerships with entities like Hoeski to offer real-time cryptographic attestations. The disclosure of on-chain addresses addresses industry demands for comprehensive insights, particularly with the rise of spot bitcoin ETFs, alleviating concerns about financial opacity. Industry experts applaud Bitwise’s move as a pivotal step towards onchain accounting, highlighting the convergence of traditional finance (TradFi) and decentralized finance (DeFi).
#BTC-ETF #ETH-ETF #ETF
📢 Breaking News: Bitwise Takes the Lead as the First Spot Bitcoin ETF Issuer to Publicly Reveal Wallet Address.
Bitwise, a trailblazing crypto asset manager, has set a new standard by becoming the first among the top ten spot bitcoin exchange-traded fund (ETF) issuers to publicly reveal its digital wallet address. In a groundbreaking move, the San Francisco-based firm showcased a screenshot unveiling the Bitwise Bitcoin ETF’s (BITB) bitcoin address and holdings, totaling 11,858 bitcoins as of January 23. This initiative in transparency enables anyone to verify the fund’s holdings and transactions directly on the blockchain, aligning seamlessly with bitcoin’s commitment to onchain transparency.
Bitwise underscores the importance of onchain transparency within bitcoin’s ethos, proudly marking this innovative stride with BITB. The company aspires to enhance public transparency further through potential collaborations, such as exploring partnerships with entities like Hoeski to offer real-time cryptographic attestations. The disclosure of on-chain addresses addresses industry demands for comprehensive insights, particularly with the rise of spot bitcoin ETFs, alleviating concerns about financial opacity. Industry experts applaud Bitwise’s move as a pivotal step towards onchain accounting, highlighting the convergence of traditional finance (TradFi) and decentralized finance (DeFi).
#BTC-ETF #ETH-ETF #ETF
🌎 World On Chain ⛓️
📢 UPDATE: SEC Prolongs Evaluation Period for Blackrock's Ethereum Spot ETF until March 10.
The US Securities and Exchange Commission (SEC) has granted an extension for reviewing BlackRock’s proposed iShares Ethereum Trust spot ETF. Initially submitted by The Nasdaq Stock Market on November 21, 2023, the request aims to offer direct exposure to Ethereum’s price movements. The SEC has extended the decision deadline to March 10, 2024, from the original January 25, 2024, indicating the need for additional time to thoroughly assess the proposal and address concerns surrounding a spot Ethereum ETF.
Despite being open for public comment since December 11, 2023, the proposal has not yet received any public feedback. This extension mirrors the SEC’s cautious stance on crypto-based ETFs in a changing regulatory landscape. BlackRock, as the world’s largest asset manager, continues to lead in integrating digital assets into traditional investments. However, the SEC's cautious approach highlights ongoing worries about crypto product volatility, security, and regulatory compliance. The prolonged review period underscores the SEC’s commitment to a comprehensive evaluation, ensuring potential risks associated with the iShares Ethereum Trust are adequately considered.
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#ETH-ETF #BTC-ETF #ETF
📢 UPDATE: SEC Prolongs Evaluation Period for Blackrock's Ethereum Spot ETF until March 10.
The US Securities and Exchange Commission (SEC) has granted an extension for reviewing BlackRock’s proposed iShares Ethereum Trust spot ETF. Initially submitted by The Nasdaq Stock Market on November 21, 2023, the request aims to offer direct exposure to Ethereum’s price movements. The SEC has extended the decision deadline to March 10, 2024, from the original January 25, 2024, indicating the need for additional time to thoroughly assess the proposal and address concerns surrounding a spot Ethereum ETF.
Despite being open for public comment since December 11, 2023, the proposal has not yet received any public feedback. This extension mirrors the SEC’s cautious stance on crypto-based ETFs in a changing regulatory landscape. BlackRock, as the world’s largest asset manager, continues to lead in integrating digital assets into traditional investments. However, the SEC's cautious approach highlights ongoing worries about crypto product volatility, security, and regulatory compliance. The prolonged review period underscores the SEC’s commitment to a comprehensive evaluation, ensuring potential risks associated with the iShares Ethereum Trust are adequately considered.
Please Like, Comment, Share and Follow 🙏
#ETH-ETF #BTC-ETF #ETF
World 🌐 On Chain ⛓️
🔔 LATEST: Hong Kong Set to Unveil Inaugural Spot Bitcoin ETFs by Mid-2024.
Hong Kong, a powerhouse in global finance, is poised to unveil its inaugural spot crypto exchange-traded funds (ETFs) by mid-2024, marking a momentous leap into the realm of Bitcoin and cryptocurrencies. Gary Tiu, OSL's executive director and head of regulatory affairs, revealed active discussions with multiple fund companies, with five to ten firms making significant strides toward the concept of spot crypto ETFs. The city's limited licensed crypto exchanges highlight the importance of reasonable fees in collaborations, while HashKey's recent talks with asset managers further indicate momentum for potential spot crypto ETF launches. Hong Kong's regulatory adjustments by authorities like the Securities and Futures Commission and the Hong Kong Monetary Authority underscore the city's growing embrace of Bitcoin and cryptocurrencies on the global financial stage. #HongKongCryptoETF #ETF #BTC
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Credit To cryptocrunchapp!
🔔 LATEST: Hong Kong Set to Unveil Inaugural Spot Bitcoin ETFs by Mid-2024.
Hong Kong, a powerhouse in global finance, is poised to unveil its inaugural spot crypto exchange-traded funds (ETFs) by mid-2024, marking a momentous leap into the realm of Bitcoin and cryptocurrencies. Gary Tiu, OSL's executive director and head of regulatory affairs, revealed active discussions with multiple fund companies, with five to ten firms making significant strides toward the concept of spot crypto ETFs. The city's limited licensed crypto exchanges highlight the importance of reasonable fees in collaborations, while HashKey's recent talks with asset managers further indicate momentum for potential spot crypto ETF launches. Hong Kong's regulatory adjustments by authorities like the Securities and Futures Commission and the Hong Kong Monetary Authority underscore the city's growing embrace of Bitcoin and cryptocurrencies on the global financial stage. #HongKongCryptoETF #ETF #BTC
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Credit To cryptocrunchapp!
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🔔 BREAKING: Ark Invest, Led by Cathie Wood, Acquires an Extra $21 Million in Bitcoin ETF!
Cathie Wood's Ark Invest is making waves in the bitcoin market! 🌐 This Monday, the firm upped the ante with a $21 million boost in its Ark 21Shares Bitcoin ETF (ARKB). This strategic move, facilitated by the Ark Next Generation ETF (ARKW), brings Ark Invest's total ARKB holdings to a staggering $64 million. Not stopping there, Ark Invest strategically shed 648,091 shares of the ProShares Bitcoin Strategy ETF, valued at nearly $12.85 million, aligning with their focus on expanding bitcoin-related investments post the SEC's approval of U.S. bitcoin-based spot ETFs. #BTC-ETF #ETF #BTC
🔔 BREAKING: Ark Invest, Led by Cathie Wood, Acquires an Extra $21 Million in Bitcoin ETF!
Cathie Wood's Ark Invest is making waves in the bitcoin market! 🌐 This Monday, the firm upped the ante with a $21 million boost in its Ark 21Shares Bitcoin ETF (ARKB). This strategic move, facilitated by the Ark Next Generation ETF (ARKW), brings Ark Invest's total ARKB holdings to a staggering $64 million. Not stopping there, Ark Invest strategically shed 648,091 shares of the ProShares Bitcoin Strategy ETF, valued at nearly $12.85 million, aligning with their focus on expanding bitcoin-related investments post the SEC's approval of U.S. bitcoin-based spot ETFs. #BTC-ETF #ETF #BTC
#World 🌐 On Chain ⛓️
🌟 EXCLUSIVE UNVEILING: Elon Musk's X App Sparks Cryptocurrency Frenzy with Anticipated Payment Innovation! 🚀
Elon Musk's revolutionary "X" app, formerly Twitter, is causing a stir in the cryptocurrency realm as anticipation builds around its forthcoming payment feature. The dedicated account for this feature teases potential crypto integration, sparking excitement within the community. Scheduled for a mid-2024 launch, speculation runs high on whether it will incorporate cryptocurrencies like XRP, Stellar, or XDC, given Musk's history with Dogecoin (DOGE).
Crypto enthusiast Mason Versluis shares his excitement with followers, fueling speculation about DOGE's possible inclusion, considering Musk's past usage in Tesla's merchandise payments. However, researcher Tokenicer notes a recent shift in X's strategy, observing reduced payouts from the app's ad-sharing system for crypto content. This alteration in revenue dynamics raises questions about X's evolving commitment to the crypto space. 🚀
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#DOGE #BTC #XRP
Credit To, cryptocrunchapp
🌟 EXCLUSIVE UNVEILING: Elon Musk's X App Sparks Cryptocurrency Frenzy with Anticipated Payment Innovation! 🚀
Elon Musk's revolutionary "X" app, formerly Twitter, is causing a stir in the cryptocurrency realm as anticipation builds around its forthcoming payment feature. The dedicated account for this feature teases potential crypto integration, sparking excitement within the community. Scheduled for a mid-2024 launch, speculation runs high on whether it will incorporate cryptocurrencies like XRP, Stellar, or XDC, given Musk's history with Dogecoin (DOGE).
Crypto enthusiast Mason Versluis shares his excitement with followers, fueling speculation about DOGE's possible inclusion, considering Musk's past usage in Tesla's merchandise payments. However, researcher Tokenicer notes a recent shift in X's strategy, observing reduced payouts from the app's ad-sharing system for crypto content. This alteration in revenue dynamics raises questions about X's evolving commitment to the crypto space. 🚀
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#DOGE #BTC #XRP
Credit To, cryptocrunchapp
World 🌎 On Chain ⛓️
🌟 BREAKTHROUGH ALERT: Bitcoin ETFs Surpass Silver, Claiming Spot as the Second-Largest U.S. Commodity Investment! 🚀
Bitcoin ETFs have swiftly claimed the title of the second-largest commodity in the U.S., outpacing silver ETFs in assets under management (AUM) with a remarkable $28 billion. Surpassing silver’s $11.5 billion within just one week of their introduction, this development signals a transformative surge in investor enthusiasm. The milestone mirrors an expanding embrace of Bitcoin as a mainstream investment, fueled by heightened demand from both institutional and retail investors seeking exposure to the digital currency. The rapid rise of Bitcoin ETFs to the second position in the U.S. ETF market underscores the cryptocurrency's maturation, establishing itself as a reputable and influential investment choice. The growing interest in Bitcoin ETFs from investors reflects a wider trend of diversifying portfolios and recognizing the distinctive value proposition that Bitcoin brings. Bitcoin's triumph over silver ETFs not only solidifies its standing as a significant player in the global financial realm but also holds the promise of enhancing market liquidity and stability.
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credit to cryptocrunchapp!
#Bitcoin #ETF
🌟 BREAKTHROUGH ALERT: Bitcoin ETFs Surpass Silver, Claiming Spot as the Second-Largest U.S. Commodity Investment! 🚀
Bitcoin ETFs have swiftly claimed the title of the second-largest commodity in the U.S., outpacing silver ETFs in assets under management (AUM) with a remarkable $28 billion. Surpassing silver’s $11.5 billion within just one week of their introduction, this development signals a transformative surge in investor enthusiasm. The milestone mirrors an expanding embrace of Bitcoin as a mainstream investment, fueled by heightened demand from both institutional and retail investors seeking exposure to the digital currency. The rapid rise of Bitcoin ETFs to the second position in the U.S. ETF market underscores the cryptocurrency's maturation, establishing itself as a reputable and influential investment choice. The growing interest in Bitcoin ETFs from investors reflects a wider trend of diversifying portfolios and recognizing the distinctive value proposition that Bitcoin brings. Bitcoin's triumph over silver ETFs not only solidifies its standing as a significant player in the global financial realm but also holds the promise of enhancing market liquidity and stability.
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credit to cryptocrunchapp!
#Bitcoin #ETF
🌎 World On Chain ⛓️
🚀 The Year Bitcoin Redefined the Game: Unprecedented Surges and Transformative Triumphs in 2023 📈
Bitcoin's Trailblazing Journey: A Year of Epic Victories and Global Recognition
As the curtain rose on 2024, casting a glance back at the enthralling odyssey of Bitcoin becomes irresistible. The past year, 2023, unfurled a saga of remarkable feats for Bitcoin, catapulting its ascent by a staggering 155%. It etched itself into the annals of investment history as a momentous year that reshaped perceptions.
Beyond being a mere surge in value, 2023 was a pivotal chapter that revolutionized perceptions of Bitcoin. The seismic tremors reverberated when a major banking institution collapsed, jolting the foundations of the financial world. Subsequently, a financial behemoth's application to inaugurate a Bitcoin fund signaled an unprecedented level of serious attention directed towards the cryptocurrency.
However, the pivotal juncture arrived with Argentina embracing a new leader passionately endorsing Bitcoin. Beyond thrilling enthusiasts within Argentina, this endorsement propelled Bitcoin's value to new heights globally.
Since stepping into the spotlight in 2017, Bitcoin has weathered its fair share of tumultuous episodes. Periods of adversity saw value plummet, sowing seeds of doubt. Yet, in stark contrast, soaring valuations during other months rewarded steadfast believers handsomely. Notably, amidst the throes of a pandemic in 2020, Bitcoin defied the odds, concluding the year on a triumphant note.
Bitcoin's unwavering resilience in navigating these rollercoaster rides highlights its robustness. Enduring and evolving through various trials, it emerges resurgent each time. As the euphoria of the preceding year dissipates, the gaze of the world fixates on Bitcoin's future trajectory. The burning question lingers: will it continue its ascent or herald a phase of tranquility? The collective anticipation persists, cementing Bitcoin's status as an enduring conversation piece and a coveted investment avenue.
Credit cryptocrunchnews.
🚀 The Year Bitcoin Redefined the Game: Unprecedented Surges and Transformative Triumphs in 2023 📈
Bitcoin's Trailblazing Journey: A Year of Epic Victories and Global Recognition
As the curtain rose on 2024, casting a glance back at the enthralling odyssey of Bitcoin becomes irresistible. The past year, 2023, unfurled a saga of remarkable feats for Bitcoin, catapulting its ascent by a staggering 155%. It etched itself into the annals of investment history as a momentous year that reshaped perceptions.
Beyond being a mere surge in value, 2023 was a pivotal chapter that revolutionized perceptions of Bitcoin. The seismic tremors reverberated when a major banking institution collapsed, jolting the foundations of the financial world. Subsequently, a financial behemoth's application to inaugurate a Bitcoin fund signaled an unprecedented level of serious attention directed towards the cryptocurrency.
However, the pivotal juncture arrived with Argentina embracing a new leader passionately endorsing Bitcoin. Beyond thrilling enthusiasts within Argentina, this endorsement propelled Bitcoin's value to new heights globally.
Since stepping into the spotlight in 2017, Bitcoin has weathered its fair share of tumultuous episodes. Periods of adversity saw value plummet, sowing seeds of doubt. Yet, in stark contrast, soaring valuations during other months rewarded steadfast believers handsomely. Notably, amidst the throes of a pandemic in 2020, Bitcoin defied the odds, concluding the year on a triumphant note.
Bitcoin's unwavering resilience in navigating these rollercoaster rides highlights its robustness. Enduring and evolving through various trials, it emerges resurgent each time. As the euphoria of the preceding year dissipates, the gaze of the world fixates on Bitcoin's future trajectory. The burning question lingers: will it continue its ascent or herald a phase of tranquility? The collective anticipation persists, cementing Bitcoin's status as an enduring conversation piece and a coveted investment avenue.
Credit cryptocrunchnews.
🌎 World On Chain ⛓️
Revolutionizing Institutional Investment: The Impending Evolution of Cryptocurrency
Breaking News: Goldman Sachs Expert Foresees Institutional Crypto Frenzy Triggered by Spot Crypto ETFs
Matthew McDermott, the influential figure spearheading digital assets at Goldman Sachs, envisions a seismic shift in the crypto landscape, prompted by the approval of spot Bitcoin and Ether exchange-traded funds (ETFs). According to McDermott, these ETFs will revolutionize institutional interest in cryptocurrencies by offering accessible market products devoid of direct crypto ownership, thus enhancing liquidity.
The impending approval of spot Bitcoin ETFs has piqued the interest of prominent entities like BlackRock and Fidelity, signaling a potential gateway for direct Bitcoin investment. McDermott, buoyed by this prospect, foresees a gradual yet transformative change in the industry's dynamics upon the SEC's approval.
Beyond ETFs, McDermott anticipates a flourishing crypto market propelled by the commercial applications of blockchain technology and increased involvement from traditional financial institutions. He emphasizes the burgeoning potential of tokenization, predicting substantial development and widespread adoption throughout 2023. Goldman Sachs' own GS DAP tokenization platform has already proven its mettle in the market, affirming this trend.
McDermott underscores Goldman Sachs' commitment to the digital asset domain, with their team steadily expanding and remaining receptive to further growth. This stance echoes the sustained momentum observed within the digital asset sphere, positioning Goldman Sachs at the forefront of this transformative financial evolution.
Credit To cryptocrunchnews
#BTC #BONK #PEPE #Cryptocurrrency
Revolutionizing Institutional Investment: The Impending Evolution of Cryptocurrency
Breaking News: Goldman Sachs Expert Foresees Institutional Crypto Frenzy Triggered by Spot Crypto ETFs
Matthew McDermott, the influential figure spearheading digital assets at Goldman Sachs, envisions a seismic shift in the crypto landscape, prompted by the approval of spot Bitcoin and Ether exchange-traded funds (ETFs). According to McDermott, these ETFs will revolutionize institutional interest in cryptocurrencies by offering accessible market products devoid of direct crypto ownership, thus enhancing liquidity.
The impending approval of spot Bitcoin ETFs has piqued the interest of prominent entities like BlackRock and Fidelity, signaling a potential gateway for direct Bitcoin investment. McDermott, buoyed by this prospect, foresees a gradual yet transformative change in the industry's dynamics upon the SEC's approval.
Beyond ETFs, McDermott anticipates a flourishing crypto market propelled by the commercial applications of blockchain technology and increased involvement from traditional financial institutions. He emphasizes the burgeoning potential of tokenization, predicting substantial development and widespread adoption throughout 2023. Goldman Sachs' own GS DAP tokenization platform has already proven its mettle in the market, affirming this trend.
McDermott underscores Goldman Sachs' commitment to the digital asset domain, with their team steadily expanding and remaining receptive to further growth. This stance echoes the sustained momentum observed within the digital asset sphere, positioning Goldman Sachs at the forefront of this transformative financial evolution.
Credit To cryptocrunchnews
#BTC #BONK #PEPE #Cryptocurrrency
🌎 World On Chain ⛓️
🌟 ALERT: Bitcoin's Surge Generates 70,000 Fresh Millionaires in 2023!
Amidst Bitcoin's escalating influence, its investors are riding a wealth wave. In the ever-evolving landscape of decentralized finance, 2023 emerged as a pivotal year for Bitcoin. A staggering surge unfolded, witnessing a jaw-dropping 69,242 Bitcoin addresses surpassing the millionaire milestone—a staggering 246.55% leap since the year's inception. This meteoric rise propelled the count of Bitcoin millionaires to 97,326 by December 25, 2023.
Delving deeper into the data reveals 89,864 addresses now boasting over $1 million in Bitcoin holdings. The upper tiers of affluence also experienced substantial expansion, with 7,462 addresses securing assets surpassing $10 million—marked growth from the 3,805 addresses at the year's onset. This swift accumulation underscores Bitcoin's widening influence and its capacity to foster considerable financial growth for its holders.
This trend stands as a testament to the mounting trust in Bitcoin as a viable investment, indicative of the increasing integration of cryptocurrencies into mainstream finance. As we approach a new year, the data hints at an enduring bullish trajectory, affirming that this crypto giant remains an attractive haven for investors seeking to fortify their fortunes in the digital era.
Credit To cryptocrunchnews!
#BTC #Cryptocurrrency #SHIB #BONK #PEPE
🌟 ALERT: Bitcoin's Surge Generates 70,000 Fresh Millionaires in 2023!
Amidst Bitcoin's escalating influence, its investors are riding a wealth wave. In the ever-evolving landscape of decentralized finance, 2023 emerged as a pivotal year for Bitcoin. A staggering surge unfolded, witnessing a jaw-dropping 69,242 Bitcoin addresses surpassing the millionaire milestone—a staggering 246.55% leap since the year's inception. This meteoric rise propelled the count of Bitcoin millionaires to 97,326 by December 25, 2023.
Delving deeper into the data reveals 89,864 addresses now boasting over $1 million in Bitcoin holdings. The upper tiers of affluence also experienced substantial expansion, with 7,462 addresses securing assets surpassing $10 million—marked growth from the 3,805 addresses at the year's onset. This swift accumulation underscores Bitcoin's widening influence and its capacity to foster considerable financial growth for its holders.
This trend stands as a testament to the mounting trust in Bitcoin as a viable investment, indicative of the increasing integration of cryptocurrencies into mainstream finance. As we approach a new year, the data hints at an enduring bullish trajectory, affirming that this crypto giant remains an attractive haven for investors seeking to fortify their fortunes in the digital era.
Credit To cryptocrunchnews!
#BTC #Cryptocurrrency #SHIB #BONK #PEPE
🌎 World On Chain ⛓️
🌟 BREAKING: Hong Kong Ventures into Financial Revolution through Spot Crypto ETFs!
Hong Kong's financial landscape is poised for a monumental stride, gearing up to launch spot cryptocurrency Exchange-Traded Funds (ETFs). Collaborating seamlessly, the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority are now inviting applications to materialize this groundbreaking innovation. This daring leap distinguishes Hong Kong from China's stringent stance on cryptocurrencies, with the SFC paving the way with transparent guidelines for investing in digital assets, spotlighting licensed platforms.
As an integral part of its ambitious vision to establish itself as the ultimate haven for cryptocurrencies, Hong Kong unveils plans for a retail crypto trading licensing framework, cementing its position as a trailblazing hub welcoming the world of crypto enthusiasts.
#BTC #Bitcoin #Crypto #blockchain
🌟 BREAKING: Hong Kong Ventures into Financial Revolution through Spot Crypto ETFs!
Hong Kong's financial landscape is poised for a monumental stride, gearing up to launch spot cryptocurrency Exchange-Traded Funds (ETFs). Collaborating seamlessly, the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority are now inviting applications to materialize this groundbreaking innovation. This daring leap distinguishes Hong Kong from China's stringent stance on cryptocurrencies, with the SFC paving the way with transparent guidelines for investing in digital assets, spotlighting licensed platforms.
As an integral part of its ambitious vision to establish itself as the ultimate haven for cryptocurrencies, Hong Kong unveils plans for a retail crypto trading licensing framework, cementing its position as a trailblazing hub welcoming the world of crypto enthusiasts.
#BTC #Bitcoin #Crypto #blockchain
🌎 World On Chain ⛓️
🌟 BREAKING: El Salvador Takes the Helm in Global Interest as Bitcoin Reigns Supreme!
Recent Google Trends data highlights El Salvador's sustained dominance in global Bitcoin enthusiasm. The nation reaffirmed its allegiance to Bitcoin by unveiling the pioneering Freedom Visa, an innovative citizenship-through-donation initiative leveraging Bitcoin and Tether. Concurrently, Brazil's ascent to second place is complemented by Itau Unibanco, its largest bank, stepping into the realm of Bitcoin and Ether trading amidst the backdrop of fresh cryptocurrency taxation legislation.
Meanwhile, Nigeria's surge to third place signals a strategic shift towards stablecoins like USDT, presenting a stable alternative amid the volatility of the Naira. Despite grappling with regulatory hurdles, Nigeria's crypto market persists in its expansion, signaling a momentous transformation in the worldwide cryptocurrency landscape.
Credit To cryptocrunchnews
#Bitcoin #BTC #Crypto #Blockchain
🌟 BREAKING: El Salvador Takes the Helm in Global Interest as Bitcoin Reigns Supreme!
Recent Google Trends data highlights El Salvador's sustained dominance in global Bitcoin enthusiasm. The nation reaffirmed its allegiance to Bitcoin by unveiling the pioneering Freedom Visa, an innovative citizenship-through-donation initiative leveraging Bitcoin and Tether. Concurrently, Brazil's ascent to second place is complemented by Itau Unibanco, its largest bank, stepping into the realm of Bitcoin and Ether trading amidst the backdrop of fresh cryptocurrency taxation legislation.
Meanwhile, Nigeria's surge to third place signals a strategic shift towards stablecoins like USDT, presenting a stable alternative amid the volatility of the Naira. Despite grappling with regulatory hurdles, Nigeria's crypto market persists in its expansion, signaling a momentous transformation in the worldwide cryptocurrency landscape.
Credit To cryptocrunchnews
#Bitcoin #BTC #Crypto #Blockchain
World On Chain ⛓️
🌟 BREAKING: Michael Saylor Anticipates a Bitcoin Evolution: SEC's ETF Verdict Set to Ignite Explosive Demand in 2024!
In a riveting revelation, Michael Saylor, the visionary behind MicroStrategy and a prominent advocate for Bitcoin, envisions an imminent seismic shift in the realm of cryptocurrency. Saylor's foresight rests on the verge of a potential green light by the U.S. Securities and Exchange Commission (SEC) for a spot ETF dedicated to Bitcoin, anticipated as early as January 2024. Comparing this pivotal moment to Wall Street's most groundbreaking advancements over the past three decades, he draws parallels to the monumental debut of S&P 500 index funds.
Saylor's forecast paints a picture of an impending surge in Bitcoin's fortunes. He prophesies an upward trajectory, a bullish rise, propelled not only by the SEC's potential nod but also buoyed by the impending Bitcoin Halving slated for 2024. This event, with its inherent reduction in Bitcoin's supply, stands as a catalyst poised to further escalate the cryptocurrency's value, setting the stage for an exhilarating ascent.
#Bitcoin #BTC #ETF #Crypto
🌟 BREAKING: Michael Saylor Anticipates a Bitcoin Evolution: SEC's ETF Verdict Set to Ignite Explosive Demand in 2024!
In a riveting revelation, Michael Saylor, the visionary behind MicroStrategy and a prominent advocate for Bitcoin, envisions an imminent seismic shift in the realm of cryptocurrency. Saylor's foresight rests on the verge of a potential green light by the U.S. Securities and Exchange Commission (SEC) for a spot ETF dedicated to Bitcoin, anticipated as early as January 2024. Comparing this pivotal moment to Wall Street's most groundbreaking advancements over the past three decades, he draws parallels to the monumental debut of S&P 500 index funds.
Saylor's forecast paints a picture of an impending surge in Bitcoin's fortunes. He prophesies an upward trajectory, a bullish rise, propelled not only by the SEC's potential nod but also buoyed by the impending Bitcoin Halving slated for 2024. This event, with its inherent reduction in Bitcoin's supply, stands as a catalyst poised to further escalate the cryptocurrency's value, setting the stage for an exhilarating ascent.
#Bitcoin #BTC #ETF #Crypto
World 🌎 On Chain⛓️
Hot Off the Press: Shiba Inu Torches 8.6 Billion Tokens in Epic Burn, Sparks 727,870% Surge in Daily Burn Rate! 🔥🚀
The Shiba Inu community ignites with excitement as a staggering 8.62 billion SHIB tokens were burned in a record-breaking six transactions within 24 hours, contributing to a weekly total of 8.65 billion. Orchestrated by the SHIB team on Shibarium, this massive burn resulted in an incredible 727,870% spike in the daily burn rate. Lucie, a key team member, promises more fiery actions, aligning with the team’s strategy of regular substantial burns. The market responds positively, showcasing a 6% surge in SHIB’s price, indicating a potential bullish trend catalyzed by these strategic token burns.
Credit to "cryptocrunchnews" #Shib $SHIB
Hot Off the Press: Shiba Inu Torches 8.6 Billion Tokens in Epic Burn, Sparks 727,870% Surge in Daily Burn Rate! 🔥🚀
The Shiba Inu community ignites with excitement as a staggering 8.62 billion SHIB tokens were burned in a record-breaking six transactions within 24 hours, contributing to a weekly total of 8.65 billion. Orchestrated by the SHIB team on Shibarium, this massive burn resulted in an incredible 727,870% spike in the daily burn rate. Lucie, a key team member, promises more fiery actions, aligning with the team’s strategy of regular substantial burns. The market responds positively, showcasing a 6% surge in SHIB’s price, indicating a potential bullish trend catalyzed by these strategic token burns.
Credit to "cryptocrunchnews" #Shib $SHIB
World 🌎 On Chain ⛓️
Breaking News: First Trust's Trailblazing Move with Bitcoin Buffer ETF
First Trust pioneers a fresh crypto investment method with the innovative Bitcoin Buffer ETF.
Major financial firm, First Trust, files for the innovative First Trust Bitcoin Buffer ETF with the SEC. Unlike typical Bitcoin ETFs, this unique approach uses options to protect investors from market downturns while capping potential profits. These 'defined-outcome ETFs' or buffer ETFs, gaining popularity, were also introduced by BlackRock earlier this year. It's important to understand that while these buffer ETFs offer some protection, they don't ensure complete safety, urging investors to assess suitability. Anticipate further innovative Bitcoin exposure approaches in this evolving market.
Credit to cryptocrunchnews✊.
Breaking News: First Trust's Trailblazing Move with Bitcoin Buffer ETF
First Trust pioneers a fresh crypto investment method with the innovative Bitcoin Buffer ETF.
Major financial firm, First Trust, files for the innovative First Trust Bitcoin Buffer ETF with the SEC. Unlike typical Bitcoin ETFs, this unique approach uses options to protect investors from market downturns while capping potential profits. These 'defined-outcome ETFs' or buffer ETFs, gaining popularity, were also introduced by BlackRock earlier this year. It's important to understand that while these buffer ETFs offer some protection, they don't ensure complete safety, urging investors to assess suitability. Anticipate further innovative Bitcoin exposure approaches in this evolving market.
Credit to cryptocrunchnews✊.
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