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US Spot Bitcoin ETFs Flip Nakamoto To Become Largest BTC Holder, Here’s How Much They’ve Bought
US Spot Bitcoin ETFs have significantly transformed both Bitcoin and the broader crypto industry. These ETFs have seen their value and holdings grow massively since their launch in January 2024, breaking multiple ETF records in traditional finance. As it stands, US Spot Bitcoin ETFs have now surpassed BTC’s elusive creator, Satoshi Nakamoto, as the largest holder of Bitcoin. A Historic Milestone For Bitcoin ETFs US Spot Bitcoin ETFs have reached a remarkable milestone, becoming the single largest holder of the top coin. Currently, the 12 US Spot Bitcoin ETF providers collectively hold 1,104,534 BTC, which is around 5.62% of the...
Australian Dollar benefits from RBA's hawkish hold
AUD got some momentum after RBA’s hawkish hold. Governor Lowe confirmed that the bank has no rush on rate cuts. Markets are now pricing in a 25 bps cut by year-end. The AUD/USD pair is trading around 0.6500, up around 0.30% on the day. The Australian Dollar is benefiting from the Reserve Bank of Australia (RBA) hawkish hold. The RBA left its policy rate unchanged as expected on Tuesday, but Governor Philip Lowe said that no rate cut is on the table in the near term. This has helped to support the Australian Dollar, as it suggests that the RBA...
CARDANO PRICE ANALYSIS & PREDICTION (November 13) – ADA Taps Four-Month High Following 16% Pumps, Signals Bullish
As volatility moves heavily into altcoins this week, ADA broke through several resistance levels to a new multi-week high today. It looks super bullish on the daily chart as market sentiment turns positive. ADA’s landscape appeared to be changing to the upside on the daily chart following a fresh increase from the $0.32 level on Monday. The price surged steadily and broke out to a four-month high a few hours ago. It faced rejection under $0.45 and cooled off buying. The price dropped slightly but remained strong on the day. A clear surge through July’s high should bring more recovery...