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🧙♂️ U.S. presidential candidate Kamala Harris is scheduled to speak at a Bitcoin conference. 🧙♂️ BlackRock's tokenized fund will include Ethena's (#ENA ) RWA investment plan. 🧙♂️ Binance has announced that it will support the Conflux (#CFX ) network upgrade and Hard Fork. 🧙♂️ The trading volume of the 9-spot Ethereum ETF exceeded 1.1 billion dollars on the first trading day (July 23).
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Bitcoin Price May Exceed $120,000 With China's Economic Decision Bitcoin (BTC) price could double if it reacts to the Chinese government's decision as it has in the past. The US Securities and Exchange Commission's (SEC) approval of spot Ethereum ETFs left its mark on the market. However, in the meantime, a development occurred that could push the Bitcoin price above $120,000. The People's Bank of China injected liquidity into the economy and cut interest rates by 10 basis points. Real Vision analyst Jamie Coutts emphasized that when the People's Bank of China injected liquidity in this way in 2016, the price of Bitcoin rose by at least 100 percent in the following months. According to Coutts, the central bank's injection of liquidity in this way significantly affects the cryptocurrency market. Whenever the Central Bank of China injects liquidity, the Bitcoin price rises. According to CoinGecko data, Bitcoin lost 1.5 percent in value in the last twenty-four hours and is traded at $66 thousand 334.
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💫Tesla earnings report released. No Bitcoin was sold or purchased.
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🧙♂️Binance Labs announced that it has invested in Pluto Studio, the publisher of the Telegram-based Catizen.
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SEC approves spot Ethereum ETFs for trading tomorrow!
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