BTC news stories for today, November 14, 2023:
Bitcoin Price Surges Past $37,000, Highest Level Since June
BlackRock Files for Bitcoin ETF on Nasdaq
MicroStrategy CEO Michael Saylor Says Bitcoin Will Hit $69,000 by Mid-2024
Bitcoin Mining Difficulty Hits Record High
Grayscale Chainlink Trust Sees Huge Premium, Indicating Institutional Demand
Bitcoin Price Surges Past $37,000, Highest Level Since June
Bitcoin has surged past $37,000, its highest level since June. The rally is being attributed to a number of factors, including the weuakening of the US dollar, growing institutional adoption, and a belief among investors that Bitcoin is a good hedge against inflation.
BlackRock Files for Bitcoin ETF on Nasdaq
BlackRock, the world's largest asset manager, has filed for a Bitcoin ETF with the US Securities and Exchange Commission (SEC). The ETF would be listed on the Nasdaq stock exchange. This is a major development for the Bitcoin industry, as it would make it easier for institutional investors to gain exposure to Bitcoin.
MicroStrategy CEO Michael Saylor Says Bitcoin Will Hit $69,000 by Mid-2024
Michael Saylor, the CEO of MicroStrategy, has predicted that Bitcoin will hit $69,000 by mid-2024. Saylor is a well-known Bitcoin bull, and his prediction is based on his belief that Bitcoin is a scarce asset with a high value proposition.
Bitcoin Mining Difficulty Hits Record High
Bitcoin mining difficulty has hit a record high. This is a sign that more and more miners are competing to mine Bitcoin. The increase in mining difficulty is also a sign that the Bitcoin network is becoming more secure.
Grayscale Chainlink Trust Sees Huge Premium, Indicating Institutional Demand
The Grayscale Chainlink Trust, which tracks the price of Chainlink, a cryptocurrency used to power decentralized applications, is trading at a huge premium. This indicates that there is strong institutional demand for Chainlink.
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