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We post daily the best Bitcoin, Cryptocurrency & Blockchain News. Admin: @LevoBNTG
💰 ' Wolf Of All Streets' Explains Bitcoin Halving Could Send BTC to $240,000
Scott Melker, also known as the “Wolf Of All Streets,” has explained why the upcoming Bitcoin halving could push the price of the cryptocurrency to $240,000. Noting that in the last halving cycle, bitcoin’s price went from the $20,000 high to the $69,000 high, he stressed that it’s an appreciation of 250.86%. If a similar trend occurs, he said, “we’re looking at bitcoin around $240,000.”.
Source
/channel/Bitcoin_NewsTg
💰 FTX seeks permission to speedily sell 8% stake in Anthropic
Bankrupt cryptocurrency exchange FTX is preparing to sell its most significant remaining illiquid asset: the 8% stake the company holds in valuable AI startup Anthropic, which received a $500 million investment from FTX's former CEO, Sam Bankman-Fried, in October 2021. The company, now led by CEO John Ray III, has filed a motion asking a judge to approve the sale of FTX's stake in Anthropic.
Source
/channel/Bitcoin_NewsTg
🇭🇰 Hong Kong to release consultation on regulating OTC crypto venues
Hong Kong’s top financial official said that the local government will soon publish a consultation on a proposed regulatory framework for over-the-counter crypto trading platforms as risks mount. Christopher Hui, Secretary for Financial Services and the Treasury, wrote in a blog post published today that OTC venues are easily accessible to the general public, and some were found involved in fraud cases.
Source
/channel/Bitcoin_NewsTg
💰 Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic Digital
Hut 8 has formalized a comprehensive four-year partnership with Ionic Digital Inc., encompassing end-to-end managed services across all of Ionic’s Bitcoin mining operations. This move was announced on Feb. 1, marking a significant development for Ionic, a mining-focused entity that recently emerged from Celsius’s Chapter 11 bankruptcy. Ionic would be led by the former Chief Commercial Officer of Hut 8, Matt Prusak.
Source
/channel/Bitcoin_NewsTg
🇬🇧 UK Police Seize Nearly $1.8B of 💰 Bitcoin From Investment Fraud in China: FT
Police in the U.K. have seized 1.4 billion pounds ($1.78 billion) worth of bitcoin (BTC) from an investment fraud operation in China, the Financial Times reported on Wednesday. A London court heard of the seizure Tuesday as part of the ongoing trial of Jian Wen, who is accused of laundering bitcoin on behalf of her former employer, Yadi Zhang, whose real name is Zhimin Qian.
Source
/channel/Bitcoin_NewsTg
💰 New spot bitcoin ETFs amass 150,000 BTC as GBTC market share falls to 36%
The nine new spot Bitcoin exchange-traded funds have now amassed more than 150,000 ($6.5 billion) in assets under management, excluding Grayscale’s converted GBTC fund, according to data from K33 Research. These ETFs are BlackRock (IBIT), Fidelity (FBTC), Bitwise (BITB), Ark 21Shares (ARKB), Invesco (BTCO), VanEck (HODL), Valkyrie (BRRR), Franklin Templeton (EZBC) and WisdomTree (BTCW).
Source
/channel/Bitcoin_NewsTg
💰 Charles Schwab Corporation, a financial giant with assets totaling $8.5 trillion, has adopted a seemingly cautious approach towards digital assets, prompting analysts to speculate on potential missed opportunities in a rapidly evolving market.
The company’s decision not to launch its own proprietary spot Bitcoin Exchange-Traded Funds (ETFs) despite the recent Bitcoin ETF approval by the Securities and Exchange Commission (SEC), has raised eyebrows in the financial community.
Source
/channel/Bitcoin_NewsTg
🇪🇺 73% of European Residents Are Confident in Crypto’s Future: Survey
The results revealed a trend of optimism, exclusive engagement with crypto assets, surging adoption, growing trust, and increasing utility. A vast majority of European residents have expressed optimism and confidence about the future of the cryptocurrency sector. According to a Binance Survey targeting users in France, Italy, Spain, and Sweden, around 73% of respondents are positive about the future of digital assets.
Source
/channel/Bitcoin_NewsTg
💰 Bitcoin ETF ads may appear on Google starting Monday, community speculates
On Monday, Google is set to update its policies allowing certain cryptocurrency products to be advertised on the major search engine. Bitcoin exchange-traded funds (ETFs) appear likely to meet the criteria, sparking speculation within the crypto industry. In December 2023, Cointelegraph reported that Google’s crypto and related ads policy will be revised on Jan. 29, to allow ads from “advertisers offering Cryptocurrency Coin Trust targeting the United States.”.
Source
/channel/Bitcoin_NewsTg
💰 79 days left until the #Bitcoin halving, and a major correction 📉 is expected before the event.
As Bitcoin hits 61.8% FIB Level at $48.5k so Possible correction from here is 40% - 50% as per previous cycle :
- 30% drop to $34k
- 40% drop (2016 Cycle) to $29k
- 50% drop (2019 Cycle) to $24k
Historically there is no major correction after halving event, Only UP 🚀
So Be ready to buy; this likely to be the best opportunity before bullrun starts.
@CryptoMagazine
🪙 Flipside sees rising EVM adoption in 2024 for cost-effective Ethereum alternatives
Flipsides say the ongoing demand for economical alternatives to Ethereum, will drive more layer-2 projects to prioritize reducing end-user costs this year. Ethereum is set to confront heightened competition in the blockchain space in 2024, driven by the persistent demand for cost-effective alternatives and the proliferation of Ethereum Virtual Machine (EVM)-compatible layer-2 networks, Flipside, a blockchain data platform, said in a recent research report.
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/channel/Bitcoin_NewsTg
💰 The market is absorbing enormous selling pressure with little movement
The volatility caused by the launch of spot Bitcoin ETFs in the U.S. has wiped over $115 billion off Bitcoin’s market cap. There has been a significant increase in realized losses in the week following the ETF launch, with short-term holders bearing the brunt of these losses. Significant outflows from Grayscale’s GBTC.
Source
/channel/Bitcoin_NewsTg
💰 Bitcoin Miner Hut 8 Hits Out at Short-Selling Report
Hut 8 Corp. (HUT) Wednesday morning called last week's report from JCapital Research "a deliberate attempt to spread misinformation about Hut 8, its operations, finances, management practices, and key executives." In a press release, Hut 8 sad the report was "filled with inaccuracies, misrepresented data, speculative claims, and unfounded character attacks."
Source
/channel/Bitcoin_NewsTg
💰 Iris Energy Boosts Bitcoin Mining Capacity to 6 EH/s, Eyes 20 EH/s Milestone by H2 2024
According to an announcement from the publicly-listed bitcoin miner Iris Energy, the mining operation has increased its operating capacity to 6 exahash per second (EH/s) and expects an additional 4 EH/s to be online by the first half of 2024. The announcement on Tuesday from Iris Energy (Nasdaq: IREN) highlighted the growth of its mining operations to 6 EH/s, following the deployment of new mining hardware.
Source
/channel/Bitcoin_NewsTg
💰 Mt. Gox confirms creditors’ addresses for BTC repayments
On December 22, the crypto community of the /mtgoxsolvency subreddit revealed that the fallen Tokyo-based Bitcoin (BTC) exchange, Mt. Gox, has been sending emails to its creditors confirming that the repayment details they provided have been verified with relevant cryptocurrency exchanges. Mt. Gox has been sending emails in a staggered fashion, based on the platforms the creditors have their accounts with.
Source
/channel/Bitcoin_NewsTg
Best Telegram Crypto Channels 2024: Explore the World of Cryptocurrency
Dive into the dynamic realm of cryptocurrency with our curated list of the Best Telegram Crypto Channels for 2024. Whether you're a seasoned investor or a curious newcomer, this comprehensive guide offers something for everyone. From breaking news in the crypto world to in-depth analysis of market trends, trading signals, and insights into DeFi, NFTs, and the Metaverse, these channels are your go-to source for staying ahead in the fast-paced world of digital currencies. Stay informed, make educated decisions, and join the conversation today in the ever-evolving landscape of cryptocurrency with the best resources Telegram has to offer for 2024.
1️⃣General Crypto News & Updates
- @CryptoWorldNews
- @cryptomagazine
- @Cryptocurrency_Inside
- @Crypto_Publisher
- @CryptoWorldICOs
- @Bitcoin_Magazine
- @Bitcoin_NewsTG
- @BitcoinAltcoinCryptoNews
- @Crypto_Bitcoin_Trading_News
- @Crypto_Bitcoin_Blockchain
- @CryptoWorldAnalysis
- @CryptoNewsSource
- @altcoinnews
- @Crypto_ShortNews
- @crypto_signals_charts
- @Cash_Blockchain_News
2️⃣Specific Cryptocurrency News (Bitcoin, Ethereum, etc.)
- @bitcoinnews
- @Bitcoin_Insights
- @ethereumnews
- @Bitcoin_Ethereum_Trading
- @Bitcoin_Crypto_Coin_Calendar
- @Ethereum_Merge
- @EthereumBitcoinNews
3️⃣Trading, Charts & Signals
- @Binance_Coinbase_Bybit
- @altcointrading
- @Crypto_Futures_Trading
- @Bitcoin_Ethereum_Altcoins
- @Bitcoin_Crypto_Signals
- @ChartsSignalsTrading
- @Crypto_Trading_Reports
- @Premium_Trading_Crypto_Signals
- @Signals_Charts
- @Charts_Trading
- @InvestmentTradingUpdates
- @BitcoinBreaking
4️⃣DeFi, NFTs, Metaverse
- @DeFi_ICO_Invest
- @Metaverse_Crypto_Web3_GameFi
- @DeFi_Updates
- @NFTs_DeFi
- @DeFi_Ethereum
- @Defi_Trading_Nfts_Metaverse
- @Nfts_Hype
- @Metaverse_Defi_Nfts_Trading
- @NFTs_Metaverse_Coins
- @Nfts_Defi_Metaverse_News
- @Crypto_Nfts_Metaverse
- @Facebook_Metaverse_Nfts
- @Metaverse_Nfts_WEB3
5️⃣Market Analysis & Financial Updates
- @CryptoMarketTime
- @FinancialWorldUpdates
- @Uniswap_PancakeSwap
- @Blockchain_Crypto_Bitcoin
- @Cryptocommunity
- @BitcoinsHalving
- @Stocknews
- @Tradingnews
- @Coin_Trading_News
6️⃣AI and Tech in Crypto
- @Ai_Tools_Hunt
- @ChatGPT_News_Ai
7️⃣Humor and Community
- @Bitcoin_Crypto_Memes
- @Bitcoin_Action
💰 Spot Bitcoin ETFs rank among largest commodity ETFs by assets held
Several recently launched spot Bitcoin ETFs now rank alongside the largest commodity ETFs in terms of assets under management (AUM). That data indicates that Grayscale’s GBTC has $20.5 billion in AUM, making it the third largest commodity ETF after two gold ETFs. Meanwhile, BlackRock’s IBIT is the seventh largest ETF on the list, with $2.8 billion in AUM. Fidelity’s FBTC is the ninth largest, with $2.5 billion in AUM.
Source
/channel/Bitcoin_NewsTg
🪙 Hong Kong finance firm VSFG targets to apply for spot Ethereum ETF in Q2
Venture Smart Financial Holdings Ltd. (VSFG), a Hong Kong-based financial services firm, is preparing to apply for a spot Ethereum exchange-traded fund (ETF) in anticipation of potentially launching its spot bitcoin ETF in the first quarter. VSFG Chairman Lawrence Chu said that the firm is in the final phase of officially submitting its application for a spot bitcoin ETF to the Hong Kong Securities and Futures Commission.
Source
/channel/Bitcoin_NewsTg
💰 Cboe Exchange Withdraws Its Global X Bitcoin ETF Application
Cboe BZX Exchange has decided to withdraw its application for a proposed rule change with the United States Securities and Exchange Commission (SEC), a move that could have paved the exchange’s way for listing shares of Global X’s spot Bitcoin Exchange-Traded Fund (ETF). The SEC, in a notice on January 30, officially announced the withdrawal of Cboe BZX’s application for trading shares of the Global X Bitcoin Trust.
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/channel/Bitcoin_NewsTg
💰 BlackRock and Fidelity spot bitcoin ETFs close in on Grayscale in daily trading volume
After several days in a row of dominance, it appeared for a time on Tuesday that BlackRock and Fidelity spot bitcoin ETFs might surpass Grayscale's fund in terms of daily volume for the first time since the products began trading more than two weeks ago. Grayscale's fund, a conversion rather than a brand new product, has shed billions of dollars after starting with more than $25 billion in assets under management.
Source
/channel/Bitcoin_NewsTg
💰 Invesco Cuts Bitcoin ETF Fee In a Bid to Lure Investors
Invesco and Galaxy Asset Management have lowered the fee of its spot bitcoin exchange-traded fund (ETF) to 0.25% from 0.39%, the issuers announced Monday. The move puts the sponsor fee for the Invesco Galaxy Bitcoin ETF (BTCO) in line with that of most fellow issuers. Only Ark and 21Shares, Bitwise and Franklin Templeton offer lower fees versus their peers.
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/channel/Bitcoin_NewsTg
The outflows in Grayscale last week totalled $2.2bn, although data suggests outflows are beginning to subside as the daily total continued to reduce towards over the week.
Newly issued US ETFs saw inflows totalling $1.8bn last week, and since launch on 11th January 2024 have seen $5.94bn of inflows.
@BitcoinAltcoinNews
💰 Vanguard says Bitcoin is “immature asset class”
Vanguard decided not to offer clients access to Bitcoin ETFs because the flagship cryptocurrency is an “immature asset class” that does not align with its company philosophy, according to the firm’s executives. Vanguard Global Head of ETF Capital Markets and Broker and Index Relations Janel Jackson made the statement during a QA session, where she clarified the investment firm’s stance on Bitcoin and digital assets.
Source
/channel/Bitcoin_NewsTg
💰 $867 Million Erased — Grayscale's GBTC Experiences Record 20,803 Bitcoin Reduction in 24 Hours
Recent data from Grayscale’s GBTC spot bitcoin exchange-traded fund reveals a significant reduction in its holdings, with 20,803.83 bitcoin, valued at $867.98 million, being withdrawn from the fund’s reserves. This substantial outflow, occurring over the past 24 hours, marks the most considerable decrease in GBTC’s reserves since it transformed into a publicly-listed ETF on Jan. 11, 2024.
Source
/channel/Bitcoin_NewsTg
🥇 BlackRock’s Bitcoin ETF First to Reach $2B in AUM
The BlackRock iShares Bitcoin ETF (IBIT) on Friday became the first of the recently launched spot bitcoin products to reach $2 billion in assets under management (AUM). This doesn't include Grayscale's GBTC, which had nearly $30 billion in AUM at the time of its conversion from a closed-end fund to a spot ETF.
Source
/channel/Bitcoin_NewsTg
💰 Bitcoin developer Luke Dashjr raises concerns over centralization in Bitcoin mining
In an in-depth interview with Bitcoin Magazine on Jan. 24, Bitcoin Core developer Luke Dashjr voiced significant concerns about the increasing centralization of Bitcoin mining. Dashjr believes that the dominance of a few large mining pools poses a serious threat to the decentralized nature of Bitcoin, potentially leading to censorship and control issues within the network.
Source
/channel/Bitcoin_NewsTg
💰 Bitwise Leads the Way as First US Bitcoin ETF to Publicly Disclose Wallet Address
On Wednesday, Jan. 24, 2024, Bitwise, a leading digital asset manager, made a groundbreaking announcement as the first U.S. spot bitcoin exchange-traded fund (ETF) to reveal its bitcoin wallet address. Emphasizing its commitment to transparency, Bitwise stated, “proud to walk the walk with BITB,” and affirmed that “onchain transparency is core to Bitcoin’s ethos.”
Source
/channel/Bitcoin_NewsTg
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💰 The Game is over for bulls, $39k support has been lost.
The support level at the CME Gap has now become a resistance level.
Bitcoin has fallen below the 100-day EMA, The next target is the 200-day EMA.
@CryptoMagazine