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In the first half of 2024, the following billionaires initiated positions: black rockExchange traded funds (ETFs) that track the spot price of Bitcoin (Cryptocurrency: BTC). The name of the fund is iShares Bitcoin Trust (NASDAQ:IBIT). Although their position remains small, their ownership remains notable as they manage three of the best-performing hedge funds in history as measured by net income, according to LCH Investments.Ken Griffin of Citadel Advisors purchased a net total of 63,186 shares of iShares Bitcoin Trust. This position accounts for less than one-tenth of his $494 billion portfolio.David Shaw of DE Shaw & Company purchased a net…

Vitalik Buterin has always been regarded as the quiet genius behind Ethereum. Focused and introspective, you're more interested in solving complex problems than fueling hype. But that seems to have changed recently. Vitalik Buterin, co-founder of Ethereum. (Shutterstock) Posted October 19, 2024 at 3:12 AM ET. Ethereum's price has been struggling, especially when compared to Bitcoin and Solana. The price of 1 ETH to 1 BTC has fallen by 30% over the past year, and this ratio has been consistently declining for the past three years after peaking in November 2021. Why is this happening? Many have pointed to Ethereum's…

Large crypto investors known as “whales” are increasingly supporting Ethereum, Monero, and Litecoin. According to ChangeNOW, a popular anonymous crypto exchange platform, the trading volume of these coins has skyrocketed. This trend suggests that investors may be at the stage of accumulating these digital assets, suggesting potential for future growth. Ethereum eyes resistance as bulls push price higher on short-term rebound The price of Ethereum is on the rise, trading between $2,350 and $2,550, with a notable increase of nearly 10% in the last week and more than 11% this month. The nearest resistance level is just above around $2,630,…

A widely followed crypto analyst believes Bitcoin (BTC) is on the verge of reclaiming the $68,000 level on Friday and setting a new all-time high (ATH). Cryptocurrency trader Michael Van de Poppe told his 730,800 followers on social media platform He said there is. However, he cautions that Bitcoin may first retest the $65,000 level before seeing a sustained rally. “Bitcoin remains strong, which means some weakness for the market, with elections and the possibility of another Fed rate cut just weeks away. Bitcoin’s ATH is approaching .” Source: Michael van de Poppe/X The analyst also notes that the recent…

Ethereum has been facing rejection from the $270,000 resistance zone since August Rising leverage ratio indicators highlighted why a breakout is unlikely Ethereum [ETH]At the time of writing, it was trading within a range of $2.8k to $2.2k. In particular, the $2.8k region has been functioning as a stable supply zone since early August. It also merges with the 50% Fibonacci retracement level. Verify price trends of interest The ETH/BTC chart has been trending south for a little over 18 months. While Bitcoin [BTC] is trading 8% below ATH and Ethereum is 46.3% off ATH. The performance of altcoins must…

Bitcoin BTC/USD Enthusiasts have reason to be optimistic. chief investment officer of bit by bit, matt hoganpredicts that the price of the apex cryptocurrency could reach six digits by 2025. what happened: In a recent interview on the Altcoin Daily channel, Hogan listed several factors that could increase the price of Bitcoin. He pointed out that the recent halving event in April, where miners' rewards were cut in half, has had a major impact on Bitcoin market dynamics. “I think we'll hit a new all-time high. I definitely think Bitcoin will hit six digits,” Hogan said. “This is a high-risk…

BTC weekly chart 191024 Cryptocurrency demand increases due to US presidential election On Monday, October 14th, US Vice President Kamala Harris outlined her Opportunity Agenda for Black Men and gave assurances to crypto investors. The agenda stated: “Support a regulatory framework for cryptocurrencies and other digital assets to ensure that Black men who invest in and own these assets are protected. She will ensure that digital asset owners and investors benefit from a regulatory framework that protects black men and other participants in the market. ” A regulatory framework that fosters innovation while protecting retail investors would be a boon…

Seven months after the introduction of BLOB transactions with Ethereum's Dencun upgrade, developers are preparing another big update with the upcoming Pectra fork. This new Ethereum Improvement Proposal (EIP-7742) aims to improve the scalability of the network by streamlining transactions that carry BLOBs. said Christine Kim, vice president of research at Galaxy Digital. share Details of the proposal were announced via X on October 17th after Ethereum's “all core developers” meeting. EIP allows the Ethereum consensus layer to dynamically adjust Blob gas targets and maximum values, which is expected to improve the efficiency of Layer 2 (L2) transactions. What is…

7:05 ▪ 3 Minimum read time up to ▪ Eddie S. Google recently brought back Bitcoin and Ethereum price charts in search results. This follows a brief outage in which users were unable to immediately access cryptocurrency price data. This temporary removal, which took place last weekend, sparked discussion and speculation within the cryptocurrency community. Bitcoin and Ethereum charts are down on Google! Google has temporarily removed its Bitcoin and Ethereum price charts due to issues with inaccurate data from third parties. These issues have been resolved and the reintegration of crypto charts is now possible. During the outage, users…

Important points Net inflows into Bitcoin ETFs totaled $21 billion, an all-time high. ARKB and IBIT were the top performers and contributed significantly to this week's rally. Share this article US Spot Bitcoin ETFs saw total net inflows reach $21 billion on Friday as investor appetite for these funds remained strong. These ETFs collectively made more than $2 billion in gains this week, extending their winning streak to six straight days, according to data from Farside Investors.Yesterday alone, the Spot Bitcoin ETF excluding Valkyrie’s BRRR attracted approximately $273 million in net purchases. ARK Invest's ARKB led the group with approximately…