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As Hong Kong’s Bitcoin ETF is fast approaching, new applications have come in from an unexpected source: some of the biggest traditional asset managers in Mainland China.

Hong Kong’s new ETF has been in the making for several months now, and it’s been attracting no small amount of interest in the digital asset space…

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Trammell Venture Partners (TVP), based in Austin, Texas, has unveiled its second annual findings from its in-depth research into the burgeoning Bitcoin-native startup and venture capital ecosystem. 

Despite a notable downturn in crypto venture market investments throughout 2023, TVP’s research highlights a remarkable surge in the Bitcoin startup sector, particularly at the Pre-Seed stage, with a striking 360% year-over-year rise in transaction count.

Contrary to the broader startup landscape experiencing a decline in exit activity to a 10-year low in 2023, Bitcoin-native…

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As the highly anticipated Bitcoin halving event approaches, speculations abound regarding its potential impact on the digital asset market. Marathon Digital Holdings Inc., led by CEO Fred Thiel, offers a unique perspective on this matter. Thiel suggests that the effects of the halving may already be priced into the market due to various factors, including the recent surge in bitcoin’s value and the approval of spot Exchange-Traded Funds (ETFs).

Fred Thiel’s Perspective: Halving Already Factored In

The Bitcoin halving, an event programmed into the Bitcoin’s protocol, occurs approximately every four years. During this event, the reward for Bitcoin miners is halved, reducing the rate at…

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Around ten days ahead of highly anticipated halving, California-based web infrastructure startup known for its Bitcoin miners, Auradine, has successfully secured $80 million in a Series B funding round.

This funding, described as “oversubscribed,” saw participation from several prominent investors, including StepStone Group, Top Tier Capital Partners, MVP Ventures, Maverick Capital, Celesta Capital, Mayfield Fund, and Marathon Digital.

$1B Valuation Target

Initially aiming for $70 million, Auradine’s successful fundraising was attributed to heightened investor interest. Co-founder and CEO Rajiv Khemani stated that the Series B round, which started earlier this year, concluded just…

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The Federal Reserve’s plans for interest rate cuts are facing uncertainty amidst stubborn inflation, as recent data challenges initial expectations. Bitcoin analysts and investors are closely watching the evolving economic landscape around Fed rate cuts 2024, pondering the implications for the market. This article analyzes different narratives about the inflation and the anticipated rate cuts, hoping to bring to light what lies ahead in the current complex economic landscape.

Fed Rate Cut 2024: Challenging Persistent Inflation

Recent reports reveal a persistent challenge to the Federal Reserve’s anticipated rate-cut plans. The U.S. Consumer Price Index (CPI) surged unexpectedly,…

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$1M – $10M MarketCap:

1. Icon.X World (ICNX): 28%
2. Media Network (MEDIA): 25%
3. Dechat (DECHAT): 19%
4. Sora AI (SORA): 13%
5. 5ire (5IRE): 10%

$10M – $100M MarketCap:

1. SUKU (SUKU): 45%
2. ShapeShift FOX (FOX): 26%
3. Aergo (AERGO): 21%
4. Zero1 Labs (DEAI): 21%
5. ritestream (RITE): 20%

$100M – $1B MarketCap:

1. Propy (PRO): 21%
2. Multibit (MUBI): 21%
3. Pendle (PENDLE): 20%
4. Autonolas (OLAS): 20%
5. cat in a dogs world (MEW): 18%

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Ahead of the eagerly anticipated Bitcoin halving, the mining difficulty has surged to an unprecedented 86.4 trillion, marking a significant leap from its previous 83 trillion. This adjustment, recorded just before the halving set for April 19, underscores the growing challenge and computational power required to mine Bitcoin. With this increase, the crypto community is on the edge of their seats, witnessing the strengthening of Bitcoin’s network security and efficiency, indirectly hinting at the robustness and longevity of the cryptocurrency ahead of a major event that will slash miner rewards by half.

Simultaneously, Bitcoin’s hash rate, a measure of the mining power, has soared to a new peak, reinforcing the network’s security and appealing to investors and miners alike. This dynamic shift, occurring just days before the halving, presents a pivotal moment for Bitcoin, as it prepares for a reduction in mining rewards. Analysts speculate a potential hash rate drop post-halving, yet the current surge portrays a resilient and thriving network, promising for the future of Bitcoin and its community.

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Robert Kiyosaki, famed author of “Rich Dad Poor Dad,” has recently backed Cathie Wood’s striking forecast that Bitcoin could soar to $2.3 million per BTC. This bold prediction showcases a growing confidence among financial experts in the digital currency’s robust potential for the future. Kiyosaki’s support is not just about the numbers; it’s a testament to the transformative power of Bitcoin in reshaping investment strategies worldwide.

Emphasizing the importance of belief in Bitcoin’s future, Kiyosaki advocates for a proactive approach to understanding cryptocurrency. By starting small, investors can learn the market’s nuances, benefiting from both successes and setbacks. This forward-thinking stance encourages individuals to see beyond immediate fluctuations, focusing on the long-term opportunities that Bitcoin presents for diversifying and strengthening investment portfolios.

Twitter

Coinbase announces a significant step forward for cryptocurrency adoption in the United Kingdom by integrating Apple Pay for Bitcoin, Ether, and other digital asset purchases. This collaboration offers a more secure and private way to buy crypto, leveraging Apple’s renowned payment system. Daniel Seifert, Coinbase’s UK country director, emphasized the move’s importance in making digital asset acquisition more accessible and convenient, mirroring the seamless experience users have with Apple Pay in everyday transactions. This initiative is set against the backdrop of a current slowdown in crypto market activity, aiming to rejuvenate interest and expand the crypto community, which already includes over six million adults in the UK.

The integration, aligning with a period of decreased crypto volumes and social media engagement, signals Coinbase’s commitment to fostering growth in the digital asset space. By introducing a familiar and trusted payment method, Coinbase seeks to lower entry barriers to cryptocurrency investment, potentially catalyzing a new wave of adoption amidst a challenging market environment. This strategic move is part of broader efforts to stimulate the market, with anticipation building around the upcoming Bitcoin halving as a potential.

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