In recent times, Bitcoin’s price has experienced a significant surge, with it recently surpassing the $56,000 mark. Many market analysts and investors are predicting further growth, with some suggesting that the cryptocurrency could reach new all-time highs in the coming months. This bullish sentiment is backed by various market indicators that point towards increased confidence
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HTX, a cryptocurrency exchange formerly known as Huobi, has recently resubmitted its application for a Virtual Asset Trading Platform (VATP) license in Hong Kong. This move comes after the exchange withdrew its initial application without explanation, raising questions about its eligibility and compliance with regulatory requirements. According to the Securities and Futures Commission (SFC) website,
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Could Bitcoin Exchange-Traded Funds (ETFs) potentially outpace Gold ETFs in terms of investment volume? According to Bloomberg analysts, this scenario could become a reality in a relatively short period of fewer than 24 months. In a recent analysis, Bloomberg ETF analyst Eric Balchunas highlighted the significant increase in Bitcoin ETF inflows while Gold ETFs have
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The recent move by a group of Senate Republicans to restrict the Federal Reserve’s capacity to introduce a central bank digital currency (CBDC) sheds light on the lack of understanding among lawmakers about the potential benefits of digital currencies. The proposed bill, named the Central Bank Digital Currency Anti-Surveillance State Act, is a reactionary response
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