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SEC Advises Exchanges to Use Cash Creates for Spot Bitcoin ETFs

SEC Provides Guidance on Spot Bitcoin ETF Applications The Securities and Exchange Commission (SEC) has reportedly given specific guidance to exchanges regarding the listing and trading of spot bitcoin exchange-traded funds (ETFs). This development has been seen as a positive step towards the approval of spot bitcoin ETFs by the SEC. Optimism Soars as SEC […]

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National Pension Service of South Korea Acquires 282,673 Shares of Coinbase Global

National Pension Service's First Venture into Cryptocurrency Sector Regulatory filings with the U.S. Securities and Exchange Commission (SEC) have revealed that the National Pension Service of South Korea, the world's third-largest pension fund, made its first move into the cryptocurrency sector in the third quarter of 2023. The pension fund acquired 282,673 shares of Coinbase

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Roth IRA Explained | A simple explanation of the Roth IRA.

Self-DirectedGold IRAs are great because they let you invest in precious metals, without having to deal with any middlemen. They are so easy that even your grandmother could manage it! When you buy physical silver, gold palladium, platinum and bar, rounds, and bullion, you’ll get immediate liquidity. However, if you wish to diversify your portfolio

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Bithumb Considers a Public Listing on Kosdaq in 2025

Bithumb's Potential IPO Strategy Local reports suggest that Bithumb, a prominent crypto exchange in South Korea, is contemplating a public listing in 2025. Insider information indicates that Bithumb is considering a debut on Kosdaq and might transition to the Korea Exchange (KOSPI) platform in the future. Efforts to Surpass Upbit's Market Supremacy According to Edaily,

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Solana’s Rally Surges by 184% in 30 Days as $19M in SOL Shorts Liquidate in 24 Hours

In the past week, solana (SOL) has garnered significant attention in the cryptocurrency community due to its remarkable increase in value against the U.S. dollar. Over the last 24 hours, SOL has witnessed an impressive 11% gain, and its value has skyrocketed by 45.2% in just one week. As a result, SOL has climbed to

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Bitcoin, Ethereum Technical Analysis: Bullish Trends and Overbought Signals in BTC and ETH

Bitcoin and Ethereum Navigate Through Market Uncertainty While global equities slumped following the speech from U.S. Federal Reserve chairman Jerome Powell on Thursday, crypto markets held strong with an overall market valuation of $1.4 trillion on Friday, November 10, 2023. Bitcoin Bitcoin's recent price action reflects a positive uptrend with its value piercing through the

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Maximizing Efficiency in High Fee Environments: A Guide to Bitcoin UTXO Consolidation

Introduction In the ever-evolving world of Bitcoin, managing your unspent transaction outputs (UTXOs) is crucial for minimizing costs. As transaction fees continue to soar unexpectedly, understanding UTXO consolidation becomes essential for optimizing your bitcoin management strategies. Understanding UTXOs and Their Role in Your Wallet When you receive bitcoin (BTC), the transaction generates UTXOs, which are

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Glassnode Data Reveals Bitcoin Supply Becoming Less Liquid Despite Market Gains

Bitcoin's Scarce Supply Contradicts Price Rally A recent study conducted by Glassnode on onchain activities has shed light on the tightening supply of bitcoin. Despite the significant increase in bitcoin's value this year, the study shows that the inactivity of coins has reached unprecedented levels. Over the past year, BTC has experienced a surge of

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Michael Saylor Expects Bitcoin Demand to Double After Halving and Spot Bitcoin ETF Approvals

Microstrategy Chairman Michael Saylor is optimistic about the future demand for bitcoin, expecting it to double following the halving event and the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). According to Saylor, the next 12 months will be highly favorable for the asset class, and he has

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