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"The fifth bitcoin bull market appears to be primarily driven by the expectations of institutional adoption," the report said. "Bitcoin's characteristics, which were traditionally associated with assets like gold and other safe-haven investments such as Treasury bonds, have led institutions to consider Bitcoin for diversifying their asset allocation." Source
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HayCoin (HAY), which then dropped back to $3 million, now has just 4.35 tokens in circulating supply spread among 5,800 holders, data from DEXTools show. They currently have a market capitalization of nearly $14 million. Apart from the tokens in circulation, there are no HAY tokens held in any other
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Thanks to its stellar financial performance in the third quarter, the bank has raised its full-year outlook for 2023. Shares of German banking giant Deutsche Bank (ETR: DBK) surged by a remarkable 7% on Wednesday morning following the company’s stellar Q3 2023 performance that exceeded market expectations. Despite an 8% decline in
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Verizon Communications closed the third quarter with 10.3 million broadband subscribers, a 21 percent increase YoY, thus representing its consecutive fourth quarter of net additions. Verizon Communications Inc (NYSE: VZ), a holding company that engages in entertainment products and communication services, announced its Q3 2023 earnings results on Tuesday, October 24.
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There are currently 12 spo bitcoin ETFs in consideration by the U.S. Securities and Exchange Commission (SEC). The applications are from Grayscale, 21Shares & Ark, BlackRock, Bitwise, VanEck, WisdomTree (WT), Invesco (IVZ), Galaxy, Fidelity, Valkyrie, Global X, Hashdex and Franklin. Source
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Digital Currency Group reports a 23 percent rise in Q3 revenue to $188 million and reports notable repayments to bankrupt crypto lender Genesis. Digital Currency Group (DCG) has announced a robust 23 percent year-over-year increase in its third-quarter revenue, bringing the total to $188 million, up from last year’s $153 million.
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Total market capitalization rose 8% to reach levels not seen since mid-August. Source
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Some of this year’s most popular meme coins, such as pepecoin (PEPE), zoomed as much as 40% in the past 24 hours, showing signs of an on-chain trading frenzy. Elsewhere, HarryPotterObamaSonic10Inu (which trades with a BITCOIN ticker) rose 39%, while SPX6900 (SPX) jumped as much as 25%. Source
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Jump’s involvement may matter due to an incident a year earlier, in which UST temporarily lost its peg to the dollar. While Kwon told investors the coin maintained its $1 value because of its automated algorithm, SEC experts say that it was, rather, due to Jump intervening in the market
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In Q3 2023, Netflix finalized a share buyback of about $2.5 billion and increased its repurchase authorization by $10 billion. Netflix Inc (NASDAQ: NFLX) shares closed Wednesday trading at $346.19, down 2.68 percent from the day’s opening price. The losses were quickly erased during the after-hours with a spike of about
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