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Week in Review: The US Bitcoin ETF Race Heats Up

It’s been a big week for bitcoin, soaring past $60,000 for the first time in almost six months. The “All About Bitcoin” panel reviews events that helped bring BTC to this point, including the fierce U.S. bitcoin ETF race as the first bitcoin futures ETFs will reportedly clear the SEC next week.

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Bitcoin Climbs Above $60K After Report SEC Won’t Block Futures ETF

Bitcoin jumped above $60,000 for the first time in almost six months following a report a bitcoin futures ETF could clear the U.S. Security and Exchange Commission (SEC).

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Stripe Is Hiring a Crypto Team 3 Years After Ending Bitcoin Support

Payments company Stripe, whose API supports millions of digital storefronts, has begun assembling a crypto engineering team to chart its future in digital assets. In an industry first, Stripe supported bitcoin in 2014 but abandoned the service four years later.

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Toroso Investments CIO: BTC to Reach $100K by Year's End

Michael Venuto, chief investment officer at Toroso Investments, discusses his assessment of bitcoin as the cryptocurrency experiences a pullback, explaining why he maintains his bullish outlook bitcoin could reach $100,000 by the end of the year. ​Plus, reactions to JPMorgan Chase CEO Jamie Dimon bashing bitcoin again and calling it "worthless.

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How Far Can This Bitcoin Rally Go?

Bitcoin is eyeing $60,000, but can the rally be sustained? Mannik Dhillon, VictoryShares and Solutions president at Victory Capital, discusses what he sees as “fundamental catalysts that are developing” to support continued upward momentum. Plus, his take on whether a futures ETF could be bullish for crypto.

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Squid Game NFTs Traded on OpenSea; Bitcoin on a Roll

Squid game NFTs are now traded on OpenSea. Also, bitcoin is on a roll and McDonald's China celebrates its anniversary with an NFT collection. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Buterin Calls Mandatory Acceptance of Bitcoin in El Salvador Counter to Crypto’s ‘Ideals of Freedom’

Ethereum co-founder Vitalik Buterin criticized the forced adoption of bitcoin in El Salvador in a comment he made in a Reddit forum on Friday, noting that “making it mandatory for businesses to accept a specific cryptocurrency is contrary to the ideals of freedom that are supposed to be so important to the crypto space.”

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Crypto Funds Double Weekly Inflows to $226M

Crypto-focused funds took in more than double the amount of new money last week than the prior week as bullish sentiment returned to the bitcoin market. Digital asset investment products saw a total of $226 million in inflows during the week ended last Friday, up from $90 million the week before.

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What to Watch in Bitcoin This Week

Bitcoin’s price continues to rise, up more than 4% on the day. Patrick Heusser, head of trading at Crypto Finance AG, discusses his crypto markets analysis and outlook, explaining what he sees as drivers for positive or bullish sentiment around bitcoin.

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Bitcoin Approaching Resistance Near $58K; Support at $50K

Bitcoin and ether continue to rise, with BTC now surpassing $57,000, although the wider crypto markets are seeing slower momentum. Kapil Rathi, co-founder and CEO of institutional trading firm CrossTower, discusses the macro trends he’s continuing to watch, including regulation, China’s crypto crackdown and institutional adoption.

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