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Florida’s New Move: Adding Bitcoin to State Reserves for Diversification

Florida’s CFO proposes Bitcoin to diversify state reserves, positioning it as “digital gold” to hedge against volatility. The proposal includes a pilot program to assess Bitcoin’s feasibility in state pension funds, keeping Florida ahead in innovation. Florida is taking significant moves to diversify its state reserves, with a new proposal... читать далее →

Bitcoin Market Alert: China and Saudi Arabia’s $1 Billion ETF Partnership Could Shift US Liquidity

The China-Saudi ETF partnership signals a strategic move to shift liquidity from US-dominated markets, potentially affecting Bitcoin ETF inflows in the U.S. Saudi Arabia’s new Hong Kong-linked ETF, launched with $1.2 billion, could encourage regional investors to favor local markets over U.S. options. Following a recent Crypto Rally event reported... читать далее →

Bitcoin Momentum Builds: All-Time High ‘This Week’ Within Reach as BTC Hits $73K

Bitcoin’s bullish momentum above $72K signals potential for a new all-time high, driven by strong buyer support and macroeconomic factors. Traders anticipate a possible pullback before BTC continues upward, with robust market positioning favoring sustained growth. Bitcoin broke above the $72,000 mark following Wall Street’s opening on Oct. 29, edging... читать далее →

Bhutan Government’s BTC Transfer Sparks Speculation Amid $71K Bitcoin Surge

Bhutan’s government transferred 935 BTC ($66 million) to Binance as Bitcoin nears $71,000, fueling speculation about possible sales. Bhutan’s crypto strategy prioritizes Binance, with substantial holdings and additional assets in Ethereum and other cryptocurrencies, highlighting a robust digital asset approach. Following news of Bhutan’s Bitcoin holdings of 13,000 BTC, a... читать далее →

Litecoin’s Long-Term Holders Rank 2nd Only to Bitcoin, Beating Ethereum

Litecoin is gaining traction as an asset for value preservation in the long term. Litecoin ETF hype is helping to fuel the coin’s bullish price outlook.   Litecoin (LTC) recently outpaced Ethereum (ETH) regarding the longest average holding period. This highlights Litecoin’s sustained appeal among long-term investors. However, Bitcoin (BTC) continues... читать далее →

Russia’s Sovereign Wealth Fund Backs Bitcoin Mining Expansion Across BRICS Nations, Is BTC Headed to $3 Million?

Russia’s Sovereign Wealth Fund is channeling investments into Bitcoin mining across BRICS nations, aiming to facilitate global trade settlements in Bitcoin.  The concentration of mining within the BRICS nations may lead to network centralization, a potential risk for Bitcoin’s decentralized ethos. Russia’s Sovereign Wealth Fund has made a decisive move... читать далее →
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