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BlackRock’s Bitcoin ETF Surpasses Gold Fund with Record-Breaking Growth 📈 BlackRock’s iShares Bitcoin Trust (#IBIT ) has reached a significant milestone, amassing over $33 billion in assets—surpassing the asset manager’s long-established gold fund, iShares Gold Trust (#IAU ). This feat is remarkable given IBIT’s launch only in January, compared to IAU’s inception in 2005. The rise in IBIT inflows, especially following the U.S. presidential election favoring Donald Trump, reflects growing investor confidence in Bitcoin, with the cryptocurrency achieving consecutive all-time highs. As crypto #ETFs continue to dominate the ETF market, a series of pending regulatory approvals could further expand options, potentially adding altcoin and crypto index ETFs. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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Elon Musk’s Net Worth Surpasses $300 Billion 😱 Elon Musk, founder of #Tesla and SpaceX, has seen his net #worth exceed $300 billion, reaching $300.3 billion with a daily increase of $10 billion, a rise of 3.43%. Meanwhile, Tesla’s U.S. stock opened with a nearly 5% gain, bringing its market value back to $1 trillion, the #highest since September 2022. That’s crazy! If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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Stablecoin Surge Signals Rising Bitcoin Prices After U.S. Election 🚀 Following Donald #Trump ’s presidential win and the Federal Reserve’s recent rate cut, stablecoin inflows into cryptocurrency exchanges have surged, with $9.3 billion in ERC-20 stablecoins moving onto platforms like Binance and Coinbase. This influx is the second largest on record, raising expectations of a new Bitcoin bull run, as the asset nears an all-time high of $77,000. Investors anticipate Bitcoin may continue its #upward trend, supported by a spike in U.S. demand indicated by the Coinbase Premium Index and significant inflows into BlackRock’s spot Bitcoin #ETF . Market analysts suggest Trump’s fiscal policies and crypto stance could play a crucial role in shaping this “new crypto era. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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Bitcoin’s Record High of $76.8K Signals Potential for Further Gains Amid Institutional Investment Surge 🚀 Bitcoin’s price has soared to a new all-time high of over $76,850, driven by strong #institutional investment and favorable market conditions. Key factors include robust #inflows into Bitcoin spot ETFs, record trading volumes and open interest in CME Bitcoin futures, and the election of pro-crypto lawmakers in the United States. Analysts suggest further #upward momentum, with technical indicators pointing to short-term targets between $82,000 and $85,000. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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BREAKING: BTC hits new ATH again! 🚀 #Binance #crypto2024
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