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Bitcoin traders eye ‘huge’ US jobs data as BTC price risks $95K dip
Bitcoin traders eye ‘huge’ US jobs data as BTC price risks $95K dip

BTC price strength faces further risks as prediction markets see a giant beat on US January jobs.

Cointelegraph·2025/02/08 02:22
Engage now, or forever hold your peace
Engage now, or forever hold your peace

Speakers at yesterday’s Ondo Summit in Manhattan urged the industry to engage with regulators as crypto policy efforts unfold

Blockworks·2025/02/07 23:11
Wall Street eyes significant upside for Strategy's stock as reserves near 500,000 BTC
Wall Street eyes significant upside for Strategy's stock as reserves near 500,000 BTC

Strategy reported a Q4 net loss of $670.8 million, largely due to a $1 billion impairment on its bitcoin holdings, while increasing its BTC reserves to a record 471,107 BTC.With a recent accounting change allowing unrealized bitcoin gains to be recognized, analysts suggest MSTR could be on track for S&P 500 inclusion.

The Block·2025/02/07 19:00
Flash
  • 10:01
    DWF Labs Announces Becoming Market Maker for JST Token
    According to official news, DWF Labs has announced a collaboration with JUST DAO to invigorate the JST market. As a market maker for JST, DWF Labs will aid in the comprehensive upgrade of the JUST ecosystem.
  • 09:20
    Circle Receives In-Principle Approval from Abu Dhabi Regulator to Operate as a Money Services Provider
    April 29 news, according to TheBlock, the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) has granted in-principle approval to stablecoin issuer Circle, allowing it to operate as a money services provider. This move follows Circle's establishment of a new legal entity within ADGM in December 2024, aimed at expanding its global business presence in the Middle East and Africa regions.
  • 09:20
    Standard Chartered: Three Reasons BTC May Be in a New Rally and Hit New Highs This Quarter
    Standard Chartered analyst Geoff Kendrick has reiterated that despite Bitcoin's decline at the beginning of this year, three major reasons will drive Bitcoin into a new rally this quarter and reach new historical highs: 1. Economic turmoil increases Bitcoin's appeal, with the shift of funds among safe-haven assets already underway. Funds are moving from gold ETFs to Bitcoin ETFs, indicating that investors are starting to view Bitcoin as a better safe-haven asset than gold. 2. Buying behaviors triggered by tariffs show that "Bitcoin whales" (investors holding more than 1,000 bitcoins) have been accumulating Bitcoin during price drops caused by tariffs. 3. More catalysts are forming, such as the increased purchase by pension funds and sovereign wealth funds. Previously, Trump has highlighted that stablecoin legislation may be introduced this summer.
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