US-based spot Bitcoin exchange-traded funds recorded their sixth day of inflows on Monday as Bitcoin rose over 12% over the period, marking the longest streak of fresh capital into the ETFs since October last year. Data from Farside Investors shows Bitcoin ETFs raked in $199.4 million of net inflows on Monday. BlackRock’s iShares Bitcoin Trust…
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The US Securities and Exchange Commission is pushing to clear up years of confusion over a key broker-dealer reporting rule that prevented certain assets from being quoted by broker-dealers on the over-the-counter (OTC) market. The SEC Rule 15c2-11 was first adopted in 1971, aimed at reducing fraud in the penny stock market. It requires broker-dealers…
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A UK resident has accused his estranged wife of stealing 2,323 Bitcoin from his Trezor hardware wallet in 2023, alleging she used a security camera to capture his seed phrase and access codes. In a court judgment by Justice Cotter, filed in the UK’s High Court of Justice last Tuesday, lawyers acting for the claimant,…
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Key points: Sellers will attempt to halt the recovery at $74,508, but if buyers bulldoze their way through, the rally may reach $84,000. Select major altcoins have risen above their overhead resistance levels, signaling solid demand at lower levels. Bitcoin (BTC) rallied to $74,508 on Monday, a level that is a key near-term resistance. Crypto…
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Key takeaways: Bitcoin derivatives remain bearish as traders hedge against a price drop despite BTC reclaiming the $74,000 level. Fears of a global energy shortage mount as the Strait of Hormuz remains closed, forcing investors into safe-haven Treasury assets. Bitcoin (BTC) climbed above $74,000 on Monday, following gains on the Nasdaq Index as investors await…
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Bitcoin chases $75,000 as the return of aggressive spot BTC ETF inflows, billion dollar buys from Strategy and an improvement in investors’ risk appetite propel the crypto market. Bitcoin’s (BTC) price recovery extended into a third week as the price rallied to $74,509, a level not seen since Feb. 4. While markets remain reluctant to…
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The US Secret Service, UK National Crime Agency, and Canadian authorities have partnered to disrupt fraudulent schemes related to crypto, raise awareness of scams, and recover stolen funds. In a Monday notice, law enforcement agencies from the three countries — including Canada’s Ontario Provincial Police and the Ontario Securities Commission — said that they had…
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Bitcoin achieved new six-week highs at the week’s first Wall Street open, but analysis stayed risk-off, arguing that the long-term BTC price downtrend was still in place. Bitcoin (BTC) hit $74,600 at Monday’s Wall Street open as US stocks gained on Iran war deescalation signals. Key points: Bitcoin sets another local high near $75,000 after…
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Ether (ETH) bulls are eyeing a move back toward $2,800 in March, with at least three indicators showing ETH price potential to rise higher. Key takeaways: Ether’s price jumped by over 9% toward $2,280 on Monday. Multiple indicators, including a symmetrical triangle, hint at an extended price rally toward $2,800. Ether invalidates a bearish chart…
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South Korea has fined crypto exchange Bithumb 36.8 billion won (about $24.5 million) and imposed a six-month partial business suspension after finding widespread violations of Anti-Money Laundering (AML) rules, according to a Yonhap News Agency report. According to Yonhap, regulators identified about 6.65 million violations during an AML inspection, including failures related to customer identity…
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