The Stanford Blyth Fund, managed by students at the university, made a significant investment in Bitcoin (BTC) at a price of $45,000 in February. This decision came after a presentation by Kole Lee, a computer science major and leader at the Stanford Blockchain Club, who recommended allocating 7% of the fund’s portfolio to Bitcoin. Established
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Russia, as a prominent member of the BRICS alliance, recently unveiled plans for the development of a new blockchain-based payment system aimed at revolutionizing trade settlements among member nations. This initiative signals a strategic move to establish an independent mechanism for conducting transactions within the BRICS framework. Kremlin aide Yury Ushakov highlighted the importance of
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Bitcoin’s price is currently showing strong signs of surpassing its previous all-time high, reaching toward the $70K level. As the cryptocurrency market enters uncharted territories, predicting its future upside potential becomes increasingly complex. Technical and on-chain analysis can provide some insights into the possible trajectory of Bitcoin’s price in the coming months. Potential Targets and
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Bitcoin has once again broken records, reaching above $70,000, fueling excitement among investors. The cryptocurrency saw a steady climb throughout the week, with a 12% rally, supported by the launch of spot bitcoin exchange-traded funds (ETFs) in the United States. At the time of writing, Bitcoin is trading at $69,436, with a 2% increase in
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Recently, the introduction of spot Bitcoin ETFs has sparked excitement among investors, leading to a surge in trading volume. This surge has not only impacted Bitcoin but has also generated optimism for the broader crypto market. Despite the positive trend in Bitcoin, the launch of a spot Ethereum ETF in the US market remains uncertain.
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