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🚀 Exciting news for Bitcoin enthusiasts! Bitwise Asset Management has submitted a proposal to the SEC for a new ETF based on its 10 Crypto Index Fund, with a whopping 75.1% allocation to Bitcoin! 🎉 This ETF aims to give investors indirect exposure to top cryptocurrencies, but Bitcoin remains the star of the show, holding the lion's share of the index. With Ethereum and Solana trailing behind, BTC continues to dominate the crypto space. While the SEC's decision timeline remains unclear, Bitwise's move signals growing momentum and optimism in the Bitcoin market. Stay tuned as Bitcoin leads the charge in the evolving crypto ETF landscape! 🌟
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🚀 Bitcoin enthusiasts, buckle up! Following Trump's strategic Bitcoin reserve announcement, MARA Holdings is calling for the US to lead the charge in Bitcoin mining. 🇺🇸💪 MARA highlights Bitcoin's gold-like qualities—finite, decentralized, and borderless. But it’s not just about holding BTC; dominating mining infrastructure is key. By controlling hash rate and blockspace, the US can secure financial sovereignty and global influence in the digital age. 🌐🔒 MARA's roadmap? Boost domestic mining, cut foreign ASIC reliance, and integrate renewables. It’s not just economic security; it’s about energizing grids, creating jobs, and sustaining innovation. ⚡️💼 Bitcoin's future looks bright! 🌟
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🚀 Bitcoin enthusiasts, buckle up! The winds of change are blowing through the regulatory landscape as the Trump administration gears up to shift crypto oversight from the SEC to the CFTC. This could be a game-changer for Bitcoin, as the CFTC's lighter touch might just be the boost the crypto world needs to innovate and thrive. 🌟 With over 50 million digital asset holders, the call for a more streamlined regulatory framework is louder than ever. If Congress gives the green light, the CFTC could soon oversee Bitcoin and Ethereum, potentially ending the SEC's reign of uncertainty. Could this be the dawn of a new era for Bitcoin? Only time will tell! ⏳
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🚀 Bitcoin enthusiasts, buckle up! Recent BTC price action has sparked a flurry of profit-taking among long-term holders (LTHs), with a whopping $2.02 billion in daily profits realized, setting a new all-time high! 📈 Since September, LTHs have released 507,000 BTC back into the market, a strategic move that Glassnode believes is crucial for price discovery. This reintroduction of supply often aligns with strong demand, fueling upward momentum. 🔄 However, a potential "air gap" below $88K raises caution. As BTC dances near $100K, the market must absorb sell-side pressure to sustain its climb. Will BTC break $100K or revisit $88K first? Stay tuned! 🌟
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