austiny (austiny)
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According to Odaily, the number of Bitcoin (BTC) mined daily is significantly lower than the amount being purchased by US Bitcoin Exchange-Traded Funds (ETFs).
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According to Odaily, in its strategic report, 10x Research has identified Bitfarms as a major beneficiary of the ongoing consolidation in the Bitcoin mining industry. Since the report's release, Bitfarms' stock has soared by 25%.
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Plus, the decline in the basis in the CME bitcoin and ether futures, a sign of weakening demand, has stalled and from a technical analysis perspective, bitcoin is fast closing toward a potential demand zone. So, stay alert!
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The decision to launch a SUI ETF comes 10 days after Trump-affiliated decentralized finance (DeFi) platform World Liberty Financial (WLFI), said that it would add Sui assets to its token reserve and explore product development opportunities.
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