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JUST IN:
Under 3,000 blocks until the Bitcoin halving in 19 days!
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Bitcoin spot ETFs hold more then 1 million Bitcoin right now. It took less than a year to achieve this and will soon be more than even Satoshi Nakamoto himself. It's no surprise that the current BTC wave is mostly institutional driven. They also didn't buy "low either" Most of them bought between $50-70k right now which opens a very interesting topic. Are all these institutions and wealth investment companies buying billions of Bitcoin just to end up getting dumped on and form a top right here? We even saw a record amount if inflows in a short amount of time last week. Those buys where all between $65-73k on average. While ETFs can surely both press the buy and sell button, it's extremely unlikely these giant institutions will get dumped on as a lot of them bought at today's prices. Observe smart money 👀 #etf #Bitcoin #BitEagleNews
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bidding these 2 areas for $DOGE : $0.14 and $0.13
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In his book, 🇨🇳 China Central Bank's deputy governor Lu Lei argues that Central banks risk obsolescence if they don't adapt to the digital age. CBDCs offer a path to merge the innovation of digital assets with the stability of sovereign currencies. Bitcoin pioneered the digital currency revolution, but the future likely lies in balancing technological progress with the core values of monetary sovereignty and stability, ensuring central banks remain relevant. #Bitcoin #BitEagleNews
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Happy Sunday everyone
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JUST IN: Senator JD Vance, the Republican vice-presidential candidate, owns between $250,000-500,000 worth of Bitcoin, according to new federal financial disclosures. 😱 #BitEagleNews
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