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Maximizing Bitcoin Gains with ETF Data

Maximizing Bitcoin Gains with ETF Data Since the introduction of Bitcoin Exchange Traded Funds (ETFs) in early 2024, Bitcoin has reached new all-time highs, with multiple months of double-digit gains. However, as impressive as this performance is, there’s a way to significantly outperform Bitcoin’s returns by utilizing ETF data to guide your trading decisions. Bitcoin…

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MicroStrategy Buys Additional $489 Billion Worth of Bitcoin

MicroStrategy CEO Michael Saylor announced on September 20 that it has purchased an additional 7,420 bitcoins for approximately $489 million. The company now holds over 252,000 Bitcoin, acquired for $9.9 billion. BREAKING: MicroStrategy buys another 7,420 #Bitcoin for $458.2 million. pic.twitter.com/4nBm3EUH6M — Bitcoin Magazine (@BitcoinMagazine) September 20, 2024 Since 2020, MicroStrategy has adopted a Bitcoin-focused…

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Aethir, Filecoin Foundation Form Alliance for Enterprise-Grade Decentralized GPU Compute

Aethir, a project for decentralized GPU cloud computing, and Filecoin Foundation are establishing an alliance to provide clients with enterprise-grade solutions to support their businesses with decentralized infrastructure, according to a blog post: “As part of our collaboration with the Filecoin Foundation, Aethir will explore GPU leasing to Filecoin’s storage providers, thus providing Filecoin’s infrastructure…

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SEC Approves Options Trading on BlackRock’s Spot Bitcoin ETF IBIT

The U.S. Securities and Exchange Commission (SEC) has just granted approval for the listing and trading of options on BlackRock’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT). BREAKING: 🇺🇸 SEC approves options for BlackRock's spot #Bitcoin ETF. pic.twitter.com/g7R8rSLRI1 — Bitcoin Magazine (@BitcoinMagazine) September 20, 2024 The approved options on the iShares Bitcoin Trust will…

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Altcoins Outperform Bitcoin (BTC) and Ether ((ETH) Following Fed Meeting Due to Poor Liquidity, Higher Beta

Total3, an index that tracks the market capitalization of the top 125 cryptocurrencies, excluding bitcoin and ether (ETH), was trading 5.68% higher since the central bank’s announcement that it would slash the Federal Funds rate by 50 basis points, according to data on TradingView. Bitcoin’s market cap, by contrast, rose only 4.4%. #Altcoins #Outperform #Bitcoin…

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How Bitcoin Will React After The U.S. Election

As the U.S. presidential election approaches, it’s worth examining how past elections have influenced Bitcoin’s price. Historically, the U.S. stock market has shown notable trends around election periods. Given Bitcoin’s correlation with equities and, most notably, the S&P 500, these trends could offer insights into what might happen next. S&P 500 Correlation Bitcoin and the…

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