US presidential candidate RFK Jr. says Bitcoin is a tool against govt overreach
Bitcoinik
by Jitender
1M ago
US presidential candidate RFK jr. Says Bitcoin is a tool against governmental overreach Robert F. Kennedy Jr.  Shared his opinion on Bitcoin and explained how Bitcoin can play an important role against financial restrictions.  Robert F. Kennedy Jr. is an American politician, environmental lawyer, and activist who promotes anti-vaccine misinformation. He is an independent candidate in the 2024 US presidential election, which is to be held in Nov 2024. Kennedy supports Bitcoin and in the crypto sector, he grabbed huge popularity & support because of his Bitcoin-friendly statements ..read more
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The meme crypto token trend may help Solana to surpass Ethereum amid Meme trend
Bitcoinik
by Jitender
1M ago
Recently the trade volume across the Solalan Dex environment surged by $2 billion because of the increasing popularity of Meme tokens. Solalan (Sol) is a popular Proof-of-stake (PoS) crypto network that is known for its high scalable network speed. Its network fee & scalability are very high over the Ethereum blockchain network. However, there are some challenges & issues associated with the Solana network but still, there are multiple benefits of using Solana over Ethereum. On 4 March 2024, We noted that the Solala network saw a sudden increment in the Solana Dex trade volume by $2 b ..read more
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Shark Tank star Mark Cuban Goes For Bitcoin Over Gold all day every day
Bitcoinik
by Jitender
1M ago
Popular TV personality Mark Cuban explained why he invests in Bitcoin over Gold and also shared the factors why he believes Bitcoin is the best store of value. Mark Cuban, born July 31, 1958, is an American entrepreneur known for his involvement with the Dallas Mavericks, 2929 Entertainment, and as a “shark” on Shark Tank. The first time he purchased Bitcoin but faced a loss because he sold his Bitcoin in the bear phase under panic but later he realised that he had made a big mistake. Later he studied Bitcoin & blockchain and also started studying other top crypto projects to invest money ..read more
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Stanford University’s fund manager allocates 7% portfolio in Bitcoin (BTC)
Bitcoinik
by Jitender
1M ago
Stanford University’s student-run Blyth Fund allocated around 7% in Bitcoin via Bitcoin spot ETF products. Blyth Fund is a student-run fund & it manages a portion of Stanford University’s endowment. On 5 March 2024, Kole Lee, a leader at the Stanford Blockchain Club, announced that Blyth Fund allocated its 7% of funds to Bitcoin when the trade price of Bitcoin was $45k. Stanford Endowment has bought Bitcoin at 45k. In February, pitched IBIT to Blyth Fund, the student-run fund which manages a portion of Stanford's Endowment. Bitcoin is now ~7% of the portfolio. Here's the pitch that c ..read more
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Proof of Talk returns to the Louvre Palace as agenda-setting event for Web3
Bitcoinik
by chainwire
1M ago
Paris, France, March 5th, 2024, Chainwire Uniting Web3 Visionaries and Global Leaders Following the success of its 2023 edition, the Proof of Talk summit, heralded as the Davos of Web3, is back for its second year and brings together thought leaders, investors, CEOs, founders, exchanges, digital asset managers, and regulatory authorities for networking and thought-provoking sessions. Held on 10 and 11 June at the historic Museum of Decorative Arts in the Louvre Palace at the heart of Paris, this summit has its sights on delivering a unique event with a highly-curated audience dedicated to sha ..read more
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Bitcoin is very close to the $69,000 level. Is a crash imminent?
Bitcoinik
by Jitender
1M ago
The current trading price of Bitcoin (BTC) is very bullish, and during this phase, people are tense about the current buy support versus panic levels as the trading price approaches the last all-time high (ATH). The current trading price of Bitcoin (BTC), the top crypto asset by market cap, is $67.7k, which is very near to its last all-time high of the 2021 bull run. #Bitcoin $69k & fear simultaneously nearing pic.twitter.com/g87PQej1W3 — Bitcoinik (@Bitcoinikdotcom) March 5, 2024 The current total trading volume of Bitcoin across all crypto exchanges is $1.33 trillion, and BTC market ..read more
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Taiwan going to adopt new crypto regulation structure in Sep 2024
Bitcoinik
by Jitender
1M ago
The Taiwanese lawmakers are doing their best to introduce crypto dedicated rules & laws through a new bill this year. Taiwan is an island that has been governed independently from mainland China since 1949. In the world, Taiwan is known as the Republic of China (ROC). However China views Taiwan as a breakaway province that will eventually be under Beijing’s control but Taiwan sees itself as a distinct country from the Chinese mainland. Taiwan has its own constitution and democratically-elected leaders. On 4 March 2024, UDN reported that the The Financial Supervisory Commission (FSC) will ..read more
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Blackrock’s Bitcoin spot ETF hits $10B in 39 days, 18 times faster than Gold ETF
Bitcoinik
by Jitender
1M ago
The trade volume of the Bitcoin spot ETF hit a new milestone in comparison to the yellow metal ETF. Veteran Bitcoin traders predicted huge pump possibilities in the trade price of Bitcoin shortly. We know that a total of 11 Bitcoin spot ETF applications were approved by the United States Securities and Exchange Commission (SEC) in Jan of this year. Before the approval of these applications, no one expected that the inflow of money in the Bitcoin market would be very high & rapid but the current picture shows that Bitcoin is above the imagination of top financial analysts. In only 39 days ..read more
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Hong Kong regulator warns against “fake crypto exchange” HSKEX
Bitcoinik
by Jitender
1M ago
The Hong Kong Securities regulatory warned citizens to remain away from many crypto exchanges that look genuine but are not. Hong Kong is a crypto-friendly jurisdiction. Since mid-2023, crypto trading has been fully legal under precise rules & laws in the jurisdiction of Hong Kong. As we know Hong Kong is a special administrative region of China but Hong Kong is crypto-friendly, unlike China. Crypto trading has been fully illegal in mainland China since Dec 2021. In the latest, the Hong Kong Securities and Futures Commission (SFC) issued a public warning message to all the citizens who ar ..read more
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“Ethereum spot ETF” is now a new hype for ETH pump but approval chances are rare, Says Crypto lawyer
Bitcoinik
by Jitender
1M ago
The majority of the big crypto traders are eyeing Ethereum (ETH) as the best investment asset and looking for new reasons to buy ETH amid this bull run. The current trade price of Ethereum (ETH), the top smart-contract crypto network, is $3,403 & this trade price is 47% higher over the last 30 days. As we know already the big players in the US filed for the Ethereum spot ETF products approval with the United States Securities and Exchange Commission (SEC). Some ETF experts believe that a decision on the Ethereum spot ETF applications will come sometime in May of this year and there are h ..read more
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