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Andrew Kang estimates a high $BTC demand flow this year


Andrew Kang has put forward an estimate for $BTC demand flow. It comes out to be in the range of $40 billion and $130 billion. The basic foundation of the estimate is that many people continue to underestimate the wealth available for investments in the crypto market or the BTC market. Per their...

Bitcoin ETFs now have $10 billion in AUM


Bitcoin ETF applications were approved by the US Securities & Exchange Commission in early January this year. Speculation was that the token would experience a significant surge. That could happen in the days to come, but what has certainly happened is a rise in the AUM, which is Assets Under...

Cheap Energy Cost Fuels Chinese Bitcoin Miners Migration to Ethiopia


Ethiopia has become a lucrative destination for Bitcoin miners with lower energy costs and friendly government policies driving the move. According to Bloomberg, Bitcoin miners from China and other countries are setting up shop in the East African country followed by energy deals with electricity...

Bitcoin Represents 53% of Clients’ Portfolio Holdings in LatAm: Bitso


Bitcoin (BTC) makes up 53% of user portfolios in Latin America, reveals crypto exchange platform Bitso’s latest Crypto Landscape report. “By the end of 2023, Bitcoin represented 53% of clients’ portfolios in Latin America,” the platform noted. Source: Bitso In the face of economic turbulence...

How can accepting Bitcoin cash transform your business?


Bitcoin Cash ( BCH) is an electronic cash peer-to-peer system born due to a hard fork from Bitcoin in 2017. It intends to provide fast, inexpensive transactions focusing on scalability and openness. Given that they have bigger block sizes than Bitcoin, BCH enables quicker and cheaper transactions...

Bitcoin Price Prediction: BTC Stays Bullish Near $48,500; More Buying Ahead?


Bitcoin maintains a bullish trajectory, trading near $48,500 on Monday, underscoring a positive outlook for Bitcoin price predictions. Amidst evolving market strategies, Kraken’s executive decision to bypass Super Bowl LVIII advertising highlights a shift from broad, hype-driven exposure to...

US President Joe Biden Sparks Crypto Speculation With Laser Eyes Avatar on X


US President Joe Biden’s laser-eyed post on his X and Instagram accounts late Sunday intrigued the crypto community. The image posted was captioned: “Just like we drew it up.” Biden’s post follows the Kansas City Chiefs’ victory over the San Francisco 49ers in the Super Bowl...

BlackRock’s Rick Rieder Hints at Expanded Bitcoin Exposure


Asset manager BlackRock may boost its Bitcoin exposure in the future. That’s according to Rick Rieder, head of global allocation at BlackRock, who is responsible for about $2.4t in assets at the investment firm. In an upcoming episode of the Wall Street Journal’s Take On the Week podcast, Rieder...

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