Goldman Sachs' Bold Bet: Bank Boosts Its Bitcoin ETF Stake to $710 Million. The substantial increase in Goldman Sachs’ bitcoin ETF holdings demonstrates the growing interest of institutional investors in bitcoin. image [Source](
Bitcoin News
Goldman Sachs' Bold Bet: Bank Boosts Its Bitcoin ETF Stake to $710 Million
The substantial increase in Goldman Sachs' bitcoin ETF holdings demonstrates the growing interest of institutional investors in bitcoin.
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Hive Announces Paraguayan Mining Site Construction Update, Hardware Revamp. Hive Mining, a data center and crypto mining company, gave an update on the construction of a Paraguayan bitcoin mega mining site that will host 100MW of mining hardware. image [Source](
Bitcoin News
Hive Announces Paraguayan Mining Site Construction Update, Hardware Revamp
Hive Mining gave an update on the construction of a Paraguayan bitcoin green mining site that will host 100MW of hardware.
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Bitcoin ETF options pass 'second hurdle' with CFTC clearance ETF analyst Eric Balchunas says "the ball" is now with the Options Clearing Corporation, forecasting that spot Bitcoin ETF options will "list very soon." image [Source](
Cointelegraph
Bitcoin ETF options pass ‘second hurdle’ with CFTC clearance
According to an ETF analyst, spot Bitcoin ETF options have passed the "second hurdle" after the CFTC "cleared the way" for the products.
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Goldman Sachs holds $710M in Bitcoin ETFs — SEC filing Since the second quarter, Goldman Sachs has added $300 million to its portfolio in Bitcoin ETF holdings, increasing exposure by 71%. image [Source](
Cointelegraph
Goldman Sachs holds $710M in Bitcoin ETFs — SEC filingpost.title.seo-tail
Goldman Sachs, a major global investment bank once highly critical of Bitcoin, has disclosed a significant exposure to BTC ETFs.
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Bitcoin’s record highs push big banks’ profits to billions — Report As Bitcoin prices soared following the election, big banks are reportedly accruing $1.4 billion from futures contracts. image [Source](
Cointelegraph
Bitcoin’s record highs push big banks’ profits to billions — Report
According to a Nov. 13 Forbes report, big banks are accruing $1.4 billion from Bitcoin futures contracts as a result of elections
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Bitcoin strategic reserve unlikely under Trump — Mike Novogratz The Galaxy Digital CEO argued that he does not expect the nearly $36 trillion national debt to be paid without devaluing the currency. image [Source](
Cointelegraph
Bitcoin strategic reserve unlikely under Trump — Mike Novogratz
Galaxy Digital CEO Mike Novogratz shares his thoughts on the likelihood of a Bitcoin strategic reserve during the incoming Trump Presidency.
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Crypto mixer Bitcoin Fog founder receives 12.5-year prison sentence Bitfog founder Roman Sterlingov has been sentenced to 12.5 years in prison and forced to “pay a forfeiture money judgment” of around $395.5 million. image [Source](
Cointelegraph
Founder of Bitcoin Fog crypto mixer sentenced to 12.5 years in jail
On Nov. 8, the U.S. Department of Justice announced that Roman Sterlingov, founder of Bitcoin Fog, was sentenced to 12.5 years in prison for his ro...
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Coinbase wrapped Bitcoin deploys on Solana, aimed at growing DeFi market The deployment will allow users to utilize Bitcoin in Solana’s burgeoning DeFi ecosystem, according to Coinbase. image [Source](
Cointelegraph
Coinbase wrapped Bitcoin deploys on Solana, aimed at growing DeFi market
US crypto exchange Coinbase has launched its wrapped Bitcoin cbBTC asset on the Solana network to tap growing DeFi usage.
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US Bitcoin ETFs notch second-largest daily outflow on eve of election The 11 US spot Bitcoin ETFs recorded a net outflow of $541.1 million for Nov. 4, their second-largest outflow day in history. image [Source](
Cointelegraph
US Bitcoin ETFs notch second-largest daily outflow on eve of election
US spot Bitcoin ETFs have notched $540.9 million in outflows, their second-largest day ever, ahead of a tight election.
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Stablecoin supply alone won't pump Bitcoin markets — Ki Young Ju Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls. [Source](
Cointelegraph
Stablecoin supply alone won’t pump Bitcoin markets — Ki Young Ju
CryptoQuant founder Ki Young Ju explains why stablecoins will not create enough buy-side pressure to drive the price of Bitcoin higher this current...
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