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Bitcoin Briefly Tops $29K Amid Institutional Interest

Bitcoin (BTC), the world’s largest cryptocurrency by market value, is rallying Wednesday as investment management company Invesco (IVZ) reapplied for a spot bitcoin (BTC) exchange-traded fund (ETF), following a similar move by BlackRock. eToro U.S. investment analyst Callie Cox discusses her outlook for the crypto markets and institutional demand for bitcoin.

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Investing Platform eToro to Delist 4 Cryptocurrencies for U.S. Users Next Month

Social investing platform eToro will delist a selection of crypto token for its U.S. customers in a month's time in response to recent legal action by the U.S. Securities and Exchange Commission (SEC). "The Hash" panel discusses how the agency's crackdown on crypto has impacted the market.

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Finance

Investing Platform eToro to Delist 4 Cryptocurrencies for U.S. Users Next Month

eToro cited "recent developments" as the reason for the move, referring to the SEC's legal action against Coinbase and Binance and the regulator labelling certain cryptocurrencies as securities.

EToro and its SPAC partner mutually agreed to call off a planned takeover. (eToro)

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BTC Retail Demand to Remain Strong Ahead of April 2024 Halving, JPMorgan Says

Bitcoin has slipped below the $27,000 level but a research report from JPMorgan (JPM) says retail demand for BTC is likely to remain strong over the coming year ahead of the next halving event in 2024. eToro Market Analyst Josh Gilbert joins "First Mover" to break down bitcoin's recent price action as the markets anticipate a pause in the Federal Reserve's rate hike cycle.

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London Stock Exchange Group Unit to Clear Bitcoin Index Futures, Options

LCH, the clearinghouse arm of the London Stock Exchange Group, will offer clearing services for cash-settled bitcoin (BTC) index futures and options. Separately, the social investing platform eToro is set to offer trading services of crypto and other assets directly to Twitter users.

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EToro to Provide Crypto Trading Services Directly to Twitter Users

eToro is set to offer trading services of crypto and other assets direct to Twitter users via a new partnership with the social media company, the firm announced Thursday. "The Hash" panel discusses Elon Musk and Twitter's latest experiment.

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Finance

EToro to Offer Crypto Trading Directly to Twitter Users

Under the agreement the social investing firm will provide Twitter users with real-time prices for crypto, stocks and other assets while directing them to the eToro platform to invest.

(Shutterstock)

Videos

Bitcoin Breaks Above $30K: Next Key Catalyst to Watch

Bitcoin (BTC) broke the $30,000 level for the first time since June 2022, as recent banking jitters fade further into the distance and investors grow more optimistic about the Federal Reserve's monetary policy. eToro Market Analyst Josh Gilbert reacts to these developments and adds, "the key catalyst from here is going to be U.S. CPI."

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Bitcoin Breaking Above $30K Was a ‘Significant Barrier’: Analyst

Bitcoin (BTC) surpassed $30,000 for the first time since June 2022. eToro Market Analyst Josh Gilbert breaks down the recent rally in the largest cryptocurrency by market capitalization. Plus, insights on how the crypto markets could react to recent actions from regulatory officials and a closer look at the upcoming Ethereum Shanghai upgrade.

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