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🔹Latest Crypto News, Updates, Analysis and Deeper Insights in the whole Crypto space. 🔹No subscription fee🔊 @CryptoWorldNews @CryptoWorldICOs @CryptoWorldAnalysis Admin of the Channel: @AdamCWN ✔️
Top 5 Daily Gainers & Losers
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Top 5 Daily Gainers & Losers
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💰 Bitcoin exchanges’ BTC balances have dropped almost $10B in 2024
Nearly $10 billion worth of Bitcoin has left crypto exchanges since the United States spot exchange-traded funds (ETFs) launched. Data from on-chain analytics firm Glassnode shows that since Jan. 11, exchanges are down over 136,000 BTC. Bitcoin supply dynamics continue to sway in bulls’ favor as exchanges see mass withdrawals this quarter. The U.S. spot Bitcoin ETFs have been trading for less than three months, but in that time, around $9.5 billion worth of BTC has been withdrawn from major trading platforms.
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Top 5 Daily Gainers & Losers
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Top 5 Daily Gainers & Losers
✈️@CryptoWorldNews🌐
💰 Bitcoin price breaks out above $71,000, causing spike in short liquidations
The upward price trajectory of bitcoin over the past 24 hours has resulted in over $56 million worth of bitcoin short liquidations. There have been over $193 million in liquidations over the past 24 hours in the cryptocurrency market. Of these liquidations, the vast majority, around $129 million, were short positions. Bitcoin short positions took the largest share of the damage, with over $56 million in liquidations in the past 24 hours, according to Coinglass data.
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💰 This is only the 2nd time in #Bitcoin’s history that seven consecutive months of positive returns have been achieved 📈
Back in 2012, the following month saw red month before another six months with consecutive positive returns were generated.
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🚀Top 10 Trending Coins Last 7 Days🚀
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💰 Bitcoin Tops Crypto Priority for Blackrock Clients as IBIT Holdings Reach 243K BTC
Blackrock’s head of digital assets has revealed that bitcoin is the overwhelming favorite cryptocurrency for the asset management firm’s clients. “And then a little bit Ethereum, and very little everything else,” he added. Blackrock’s spot bitcoin exchange-traded funds (ETF), the Ishares Bitcoin Trust (IBIT), has amassed approximately 243K bitcoins since its launch.
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🪙 Ethereum Sees Notable Rise In Daily Activity
Ethereum’s network has seen notable growth recently in both daily active users and daily transaction volume, yet the price of ETH, Ethereum’s native cryptocurrency, has undergone corrections in the past few days. Notably, Ethereum is down by over 10% in the past seven days, underperforming Bitcoin and the S&P 500. While this decline can be felt through the majority of large cryptocurrencies in the industry, the number of daily active Ethereum addresses has been steadily rising over the past month.
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Top 5 Daily Gainers & Losers
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🇲🇪 Do Kwon’s Extradition to South Korea Postponed by Montenegrin Supreme Court
Montenegro’s Supreme Court placed a pause on Terra founder Do Kwon’s pending extradition from the Balkan country, issuing an order on Friday that overturns earlier decisions from two lower courts to extradite Kwon to his native South Korea. Kwon has been in Montenegrin custody since March 2023, when he was arrested and jailed for attempting to use fake Costa Rican documents en route to Dubai after months on the run.
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Top 5 Daily Gainers & Losers
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🔵 Daily volume on Base network sees 51% surge to $356 million
The daily trading volume on the Ethereum Layer 2 network, Base, surged to hit a new high of $356 million on Tuesday, representing about a 51% jump from Monday, according to DefiLlama data. Base’s total value locked (TVL) also reached a new all-time high, amassing a total of $745.3 million, according to data. It recorded daily transactions of 1.65 million and nearly 130,000 new users on the network on Wednesday, according to analytics platform Dune.
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Top 5 Daily Gainers & Losers
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💰 BlackRock CEO Larry Fink says their spot Bitcoin ETF "is the fastest growing ETF in the history of ETFs."
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Top 5 Daily Gainers & Losers
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💰 BlackRock CEO Larry Fink says their Bitcoin ETF “is the fastest growing ETF in the history of ETFs"
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💰 Hong Kong finance firm VSFG aims to launch spot bitcoin ETF as early as May
Venture Smart Financial Holdings Ltd., a Hong Kong-based financial services firm, has submitted its application for a spot bitcoin exchange-traded fund — and aims to launch the ETF as early as May. Brian Chan, group head of investment and products of VSFG, told The Block on Thursday that the team is hoping for a May launch “if all goes smoothly.” “But we're also keeping June in our sights just to be on the safe side,” Chan said.
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Top 5 Daily Gainers & Losers
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📣 London Stock Exchange to Launch Bitcoin & Ethereum ETN Market
The London Stock Exchange is reportedly set to launch Bitcoin (BTC) and Ethereum (ETH) exchange-traded notes (ETN) market. Indeed, the United Kingdom’s main stock exchange issued a market notice Monday stating that Crypto ETNs will be launched on May 28th, 2024. The exchange previously announced that it was set to accept applications for Bitcoin and Ethereum ETNs earlier this month. Additionally, the notice states that these applications can be made starting on April 8th.
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Top 5 Daily Gainers & Losers
✈️@CryptoWorldNews🌐
Top 5 Daily Gainers & Losers
✈️@CryptoWorldNews🌐
💰 JPMorgan Expects Bitcoin Pullback, Bernstein Ups Forecast to $90K
The market seems confused, as predictions for bitcoin price after halving have started to wildly fluctuate. Bitcoin (BTC), the leading digital asset, has encountered a pullback of over 10% from its all-time high, signaling a potential shift in market sentiment. Notably, Bloomberg reported on Friday that the demand for spot Bitcoin Exchange-Traded Funds (ETFs) has shown signs of moderation, adding to concerns about the BTC’s short-term outlook.
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HISTORY: 💰 Gary Gensler assigning the Bitcoin white paper for homework at MIT
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💰 Bitcoin (BTC) Price Recovers But Danger Still Looms: QCP Capital
Bitcoin’s setback below $61,000 triggered a market-wide correction. Despite the inflow of fresh capital, the leading crypto asset registered 15% in weekly losses at one point after hitting new all-time highs earlier this month. QCP Capital’s analysis suggests that the Bitcoin bull market is far from over while simultaneously highlighting a continued liquidity rotation, which is likely to propel the asset to new highs post-halving. Having said that, a “violent” near-term correction due to lingering leverage might transpire.
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💰 Marathon CEO explains the financials of landfill methane gas Bitcoin mining ⛏
“With methane landfill gas, it’s coming out of the ground all the time, so you can mine 24/7.”
- Fred Thiel
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⚪️ Robinhood rolls out crypto wallet to Android users globally
Robinhood has officially rolled out its cryptocurrency wallet for Android users, expanding access to millions of potential crypto users worldwide. The Android expansion comes a year after Robinhood Wallet was launched to iOS users globally. The Android app was in beta until now, with a public waitlist open for registrations. Now with the general release, all customers who previously joined the waitlist can now download the Android wallet and get started, Robinhood said Wednesday.
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