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Bitcoin Emerges as Preferred Investment Over Gold, Asserts Cathie Wood

Investors Favor Bitcoin over Gold, Says Cathie Wood ARK Invest's CEO, Cathie Wood, has observed a notable shift in investment preferences, with a growing number of investors favoring bitcoin over traditional gold investments. This trend has become more prominent with the introduction of spot bitcoin ETFs, which have made it easier for investors to access […]

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Microstrategy Raises Bitcoin Holdings to 190K BTC — Calls Itself ‘World’s First Bitcoin Development Company’

Microstrategy Now Holds 190,000 Bitcoins Nasdaq-listed Microstrategy, a publicly-traded operating company, has further increased its cryptocurrency holdings to 190,000 bitcoins. This marks an acquisition of an additional 31,755 bitcoins since the end of the third quarter. The company's commitment to the continued development of the Bitcoin network has led it to describe itself as "the

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Former Terraform Labs Financial Officer Extradited to South Korea on Fraud Charges

The former financial officer of Terraform Labs, Han Chang-joon, has been extradited to South Korea to face fraud-related charges. The Montenegro police confirmed that the decision to extradite Han was made by the country's Justice Ministry. This comes after Han and Terraform Labs co-founder Do Kwon were arrested while trying to flee the country nearly

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The Countdown Begins: Anticipation Grows for Bitcoin’s Fourth Halving

Introduction With less than 80 days until Bitcoin's fourth halving event, the cryptocurrency community is buzzing with anticipation. As we approach the scheduled date, speculation arises about how this halving will differ from its predecessors. The Fourth Bitcoin Halving According to current statistics and Bitcoin's intended ten-minute block average, the fourth halving is approximately 78

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NFT Sales Defy Recent Downtrend with 3.74% Increase

Top-Performing NFT Collections Despite a two-week decline in NFT sales, the past week has seen a significant 3.74% increase, totaling $236,234,800. Breaking the pattern of consecutive weeks marked by declining sales, this rise brings a glimmer of hope to the NFT market. The top-performing NFT collection this week was Bitcoin's "Uncategorized Ordinals," which achieved a

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Latam Insights: El Salvador’s Bitcoin Commitment, Argentina’s Crypto Tax Matters, and Venezuela’s Gold Sanctions

El Salvador to Maintain Bitcoin as Legal Tender El Salvador Vice President Felix Ulloa stated in an interview with Reuters that bitcoin will continue to be recognized as legal tender in the country, even if President Nayib Bukele gets reelected. This comes despite the International Monetary Fund (IMF) urging El Salvador to drop bitcoin as

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The Rise of Bitcoin Holdings in Spot ETFs: A Breakdown of the Latest Data

Blackrock's IBIT and Fidelity's FBTC Lead the Way In recent reports, it has been revealed that several spot bitcoin exchange-traded funds (ETFs) have significantly increased their bitcoin holdings. These ETFs were launched on January 11, 2024, and have witnessed a surge in bitcoin acquisitions following the last day of trading activity on February 2, 2024.

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Goldco Vs. Oxford Gold Group Vs. Augusta Precious Metals: Gold IRA Services Compared and Analysis

Are you considering investing in a Gold IRA but unsure which company to choose? Goldco, Oxford Gold Group, and Augusta Precious Metals are three reputable providers in the industry. Each offers a range of services and benefits, but how do they compare? In this discussion, we will explore the backgrounds of these companies, the gold

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