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A record amount of $942 million was withdrawn from cryptocurrency funds
According to the CoinShares report, there was a withdrawal of $942 million from cryptocurrency investment products from March 16 to 22, which is a record value following the previous historic inflow of $2.92 billion.
Analysts at Bernstein considered the correction a good buying opportunity at the lows
The current correction in the price of digital gold from the level of $73,000 marks a temporary opportunity for "buying at the lows" ahead of the April halving, according to researchers at Bernstein, as reported by The Block.
CEO of Vanguard warns against Bitcoin ETF due to the \
Tim Buckley, the CEO of Vanguard, expressed his disagreement with the idea of creating a Bitcoin ETF due to the risks associated with the instability of this asset. He emphasized this aspect in his address to clients, cautioning against including Bitcoin ETFs in pension portfolios due to the specu...
Mike Novogratz predicted the rise of Bitcoin to $100,000
Mike Novogratz predicted that the value of Bitcoin will rise to $100,000. The head of Galaxy Digital expressed the opinion that the prices of the leading cryptocurrency are unlikely to fall below $50,000 unless something dramatic happens. He explained the increase in the price of Bitcoin by the prol...
JPMorgan CEO: I will never buy Bitcoin, but I support others' right to do so
JPMorgan's Chief Executive Officer, Jamie Dimon, stated that he will never buy bitcoins himself, but he supports the right of others to do so. In his address at the Australian Financial Review summit, Dimon also urged the Federal Reserve to postpone rate cuts until June. He expressed his views on cr...