
Kimberly Ryan
@nobis
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🔥 Major Headlines
Bitcoin (BTC) Dips Below $105K Amid Whale Activity
Bitcoin is trading at approximately $104,526, reflecting a 0.82% decline over the past 24 hours. Market analysts attribute this dip to profit-taking by large holders, commonly known as "whales." Despite this, BTC has maintained levels above $100,000 for a record 27 consecutive days, indicating underlying market strength.
Ethereum (ETH) Holds Steady at $2,600
Ethereum is currently priced at $2,609, experiencing a modest 0.8% decrease. Notably, BlackRock's Ethereum ETF reported significant daily inflows of $73.2 million, suggesting sustained institutional interest.
Circle's IPO Oversubscribed by 25x
Circle Internet Group, the issuer of the USD Coin (USDC) stablecoin, is set to debut on the New York Stock Exchange today. The IPO has been oversubscribed by a factor of 25, highlighting strong investor demand and potentially impacting the broader crypto market.
BlackRock Acquires $284 Million in Bitcoin
#bitcoin #crypto #news 0 reply
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