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A DTCC spokesperson confirmed that the IBTC ticker for the BlackRock iShares Bitcoin ETF has appeared since August through a unique ID code called CUSIP. Bitcoin has made a strong move moving to $35,000 earlier this week and clocking more than 20% gains on the weekly chart. This typically happened
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Crypto traders this week interpreted the inclusion on the page as a sign BlackRock’s product might get approved soon. But an ETF appearing there does not indicate anything about its regulatory approval, DTCC said. Being there is just part of the prep work – getting a ticker symbol and unique
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Hollywood star Matt Damon has finally opened up on why he appeared in cryptocurrency exchange Crypto.com’s infamous “Fortune Favors the Brave” advertisement, which was once the subject of relentless mockery.Speaking to the Associated Press on March 27 at the premiere of his new film, Damon appeared somewhat abashed as he
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Over the past few weeks, many analysts have questioned if Bitcoin is really on the verge of a bull market.After a strong rally in March, April, and May, the cryptocurrency sustained a heavy rejection at $10,500 at the start of June. Bitcoin’s inability to cross $10,500 has been seen as
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It’s been a slow past few weeks for the Bitcoin market. After hitting $10,500 at the start of June, the cryptocurrency has entered a short-term downtrend.While some say that this price action is a precursor to a steep correction, a key trend indicator is about to print a bullish sign.
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It’s been a quiet past few weeks for Bitcoin.After reaching $10,400 at the start of June, the cryptocurrency has seen a correction and now trades in the low-$9,000s.Although a bear trend has yet to form, many have stated that the rejection BTC faced at $10,400 was bearish. After all, $10,400-10,500
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After rallying as high as $10,400 earlier this week, Bitcoin plunged by nearly $2,000 in 24 hours on BitMEX. It was a move that liquidated over one hundred million worth of derivatives positions.Analysts were quick to respond to the move with expectations of downside in the crypto market. One trader
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Bitcoin really hasn’t done too well over the past few days; since the $9,200 peak seen on Saturday, the price of the cryptocurrency crashed as low as $3,800, marking a more-than-50% crash from the weekly high.Unfortunately, a key signal suggests that the prospects of recovery may be diminishing.Related Reading: Crypto
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Bulls can’t seem to catch a break. Bitcoin once again continued to trend lower on Tuesday, falling from $9,550, where it traded at for most of Monday, to prices as low as $9,325 as of the time of this article’s writing. Per data from CoinMarketCap, BTC is now down 3.5%
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