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news-imageNovember 14, 2024

ETFs Buy $650 Million Bitcoin and Ethereum

The US ETFs have bought $510 million worth of bitcoin on Wednesday with Fidelity buying $186 million, their highest figure for the week.
Publisher: Trustnodes
Sentiment: Positive
BTC
ETH

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Positive
cover-imageBenzinga
November 14, 2024

Pennsylvania Introduces Bitcoin Strategic Reserve Act To Invest Up To $700 Million In BTC

President-elect Donald Trump's proposal to establish a national Bitcoin (CRYPTO: BTC) reserve has sparked a wave of support across the United States, with Pennsylvania leading the charge by considering its own state-held cryptocurrency reserve. What Happened: This movement aligns with Trump's promise to make the U.S. the "crypto capital of the planet" and has fueled legislative efforts to recognize Bitcoin as a secure state asset, FOX Business reports.

Neutral
cover-imageCoingape
November 14, 2024

Why Is Ethereum Price Stuck Below $4,000?

Ethereum recently experienced a strong rally following the U.S. election, with prices rising to $3,446 before hitting resistance. This 20% gain in Ethereum price, fueled by favorable market sentiment, has since leveled off due to profit-taking activities.

Positive
cover-imageCoingape
November 14, 2024

Just In: Senator Cynthia Lummis Proposes Fed Gold Sale To Buy 1M Bitcoin

Republican Senator Cynthia Lummis of Wyoming is proposing a plan to sell part of the Federal Reserve's gold holdings to fund the purchase of one million Bitcoin for a national strategic reserve. Cynthia Lummis, an ally of President-elect Donald Trump, introduced this concept as a way to increase federal Bitcoin holdings without adding to the

Neutral
cover-imageInvezz
November 14, 2024

Bhutan government transfers $33.31M in BTC to Binance

In the rapidly shifting cryptocurrency world, Bhutan is steadily establishing its footprint with a unique and calculated approach to digital assets. This small Himalayan nation recently caught the attention of crypto-watchers worldwide when it deposited 365 Bitcoin (BTC), valued at approximately $33.31 million, into Binance, the world's largest cryptocurrency exchange.

Positive
cover-imageThe Daily Hodl
November 14, 2024

$180,000 Bitcoin Incoming As BTC Enters ‘Blue Sky Territory,' Says VanEck Executive – Here's His Timeline

The head of digital assets research at exchange-traded fund (ETF) provider VanEck believes Bitcoin (BTC) is heading even higher this cycle after putting up massive gains. In a new interview on CNBC's Squawk Box, VanEck executive Matthew Sigel says that Bitcoin may soar more than 102% from its current value. “We think it's just started.

Positive
cover-imageBenzinga
November 14, 2024

Bitcoin To Peak At $180,000, Says VanEck's Head Of Digital Assets Research

Matthew Sigel, Head of Digital Assets Research at VanEck, one of the spot Bitcoin ETF issuers, on Thursday projected Bitcoin (CRYPTO: BTC) to hit $180,000 in this market cycle, driven by strong government support and increasing institutional interest. What Happened: As Bitcoin recently surged past $93,000, Sigel said, “We think it's just getting started,” highlighting that the current administration's pro-Bitcoin stance has created “blue sky territory” for the cryptocurrency.

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