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Bitcoin is on track for over $400 billion in investment inflows by 2026, as ETFs, governments, and corporations could increasingly adopt BTC as an investment asset. https://cointelegraph.com/news/bitcoin-inflows-projected-to-reach-420b-in-2026-bitwise
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US-based spot Bitcoin exchange-traded-funds (ETFs) have recorded a total of $2.75 billion in inflows this week amid Bitcoin surpassing its January all-time high of $109,000. https://cointelegraph.com/news/bitcoin-etfs-weekly-inflows-significant-price-sits-108k
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Michigan lawmakers have introduced four crypto-related bills covering crypto mining, central bank digital currencies (CBDCs) and crypto in state retirement funds. https://cointelegraph.com/news/michigan-lawmakers-introduce-four-crypto-bills
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Good morning legends
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. https://cointelegraph.com/news/what-happened-in-crypto-today
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Vivek Ramaswamy’s Strive is looking to build its Bitcoin holdings by purchasing distressed Bitcoin claims at a discount, starting with claims tied to 75,000 Bitcoin at the bankrupt crypto exchange Mt. Gox. https://cointelegraph.com/news/strive-targets-75000-bitcoin-in-mt-gox-claims
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Fidelity’s Jurrien Timmer says Bitcoin’s rally back to six-figure territory strengthens its store-of-value status, making it comparable to investing in gold. https://cointelegraph.com/news/bitcoin-trading-in-six-figure-territory-shows-btc-is-ready-to-carry-gold-s-baton-fidelity-exec
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🎉 I successfully withdrawal 0.1 MON from Monado Twist! This is real, you can try it too! 🚀
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Bitcoin’s rally to $105,980 has traders predicting new all-time highs this week. Traders lift their end-of-year Bitcoin price targets to $200,000 based on technical factors and institutional investor adoption. https://cointelegraph.com/news/bitcoin-impulse-move-toward-new-highs-sets-a-fire-under-hype-eth-xmr-and-aave
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My $DEGEN stats mini app by /degensub
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Big Brain Energy meets mild chaos
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Based morning fam
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Today in crypto, Moody’s degrades US credit rating, Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, according to analyst Scott Melker, and the co-founder of World Liberty Financial pushes back against US lawmakers' attempts to probe potential conflicts of interest involving the president. https://cointelegraph.com/news/what-happened-in-crypto-today
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