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Renowned US Hedge Fund Veteran Jim Pallotta's Family Office to Launch $200 Million New Fund, Focused on Blockchain and Other Cutting-Edge Technologies

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ccording to Bloomberg, U.S. hedge fund veteran Jim Pallotta's family office is increasing its bet on Decentralized Finance (DeFi).

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Nomura's Cryptocurrency Division Poaches Three Derivatives Traders from Galaxy Digital

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ccording to Bloomberg, amid the frenzy in the crypto options market, Nomura Holdings Inc.'s digital asset subsidiary Laser Digital poached three derivative traders from Galaxy Digital.

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Bitcoin is already up 8.79% in October πŸš€

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3 Bitcoin Charts Bulls Are Watching After BTC’s Weekly All-Time High Close πŸ’°

Bitcoin closed the week at $123,400 near its all-time high. Key indicators show strong bullish momentum, high futures positioning, and most BTC in profit, suggesting possible continuation or a short-term pullback.

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Bitcoin hits new record above $125,000 as investors look past government shutdownπŸ’°

bitcoin reaches a new record above $125,000 supported by recent gains in U.S. stocks and inflows into bitcoin ETFs. Plus, Lale Akoner, eToro’s global market analyst, weighs in on the catalysts that helped bitcoin hit a new all-time high.

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Bitcoin, Ethereum & MAGACOIN FINANCE Capture ETF Attention After $15.5M Presale BreakthroughπŸ’°πŸ”Ή

MAGACOIN Finance, an Ethereum-based crypto project, has raised over $15.5 million in its presale, attracting more than 14,000 global investors. The achievement comes amid growing investor interest in altcoins driven by anticipation of upcoming Bitcoin and Ethereum ETFs.

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Bitcoin's market capitalization could reach half that of gold after its next halving, putting its potential price at around $644,000.πŸ”œ

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Analyst: 99.4% of Bitcoin Holders Are in a State of Profit, ATH Price Target at $133,000

CryptoQuant analyst Axel posted on social media, stating that currently 99.4% of the Bitcoin supply is in a profitable state. Almost all holders are currently at a realized profit, and market sentiment remains highly optimistic.

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Binance Alpha will list SLIMEX (SLX) on October 8th.

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ccording to an official announcement, Binance Alpha will be the first platform to list SLIMEX (SLX) on October 8th.

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Deutsche Bank: By 2030, Central Banks Around the World May Hold Bitcoin

Deutsche Bank economists stated that as Bitcoin's status as a reserve asset strengthens, by 2030 it could potentially appear on central banks' balance sheets alongside gold. They pointed out that the legitimacy of Bitcoin is increasing, liquidity is deepening, and regulation is becoming clearer. Despite ongoing concerns about Bitcoin's volatility, its price has dropped to a historic low. Due to Bitcoin's scarce supply and independence from national governments, it could offer portfolio diversification and serve as a hedge against inflation and geopolitical risks. If the United States leads its adoption, Bitcoin could surpass the status of a purely speculative asset.

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Bitcoin ETFs Extend Winning Streak With $1.2 Billion Inflows πŸ“₯

Bitcoin ETFs have experienced a significant influx of capital, attracting $1.21 billion in inflows, marking their sixth consecutive day of gains. This sustained positive momentum reflects growing investor confidence in Bitcoin as a viable investment asset.

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πŸ’° Bitcoin Pulls Back From All-Time High as Shutdown Angst Intensifies

Bitcoin fell to $120,931 after reaching an intraday high of $126,109, as uncertainty over the U.S. government shutdown created market volatility and affected investor sentiment.

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Investors Ditching U.S. Dollar For Bitcoin, Gold, Says Citadel CEOπŸ’°

Citadel CEO Ken Griffin warned that investors are increasingly shifting from the U.S. dollar to assets like Bitcoin, gold, and silver as inflation and rising debt undermine confidence in fiat currency. Speaking at an investor forum, Griffin said the move reflects growing doubt over U.S. fiscal discipline and a desire to hedge against dollar depreciation and geopolitical risks, noting that the dollar β€œno longer feels invincible.”

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Ethereum Latest News: ETH Price Eyes $5,000 As Remittix Holders Could See 50x Gains Before JanuaryπŸ”Ή

Ethereum (ETH) is nearing $5,000 as strong ETF inflows and institutional demand boost momentum. Meanwhile, Remittix (RTX), a PayFi-focused altcoin, is drawing investor attention after raising $27.1 million from its token sale. Analysts predict RTX could deliver up to 50x returns before January, calling it one of 2025’s top crypto projects with strong real-world utility.

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Grayscale's Ethereum spot ETF pledged 272,000 ETH, approximately $1.21 billionπŸ›«

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Binance Alpha will launch SLIMEX (SLX) at 15:00 on October 8, with an airdrop threshold of 200 Alpha Points.

According to the official announcement, Binance Alpha will list SLIMEX (SLX) on October 8th at 15:00.

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Matrixport: Bitcoin Dominance Recovery, Market Focus Shifts Back to Major Assets

Matrixport released today's market analysis, γ€ŒSince Bitcoin's strong breakout in June 2023 and the establishment of a bull market pattern, the discussion in the market about the 'Altcoin Season' has remained highly active. However, funds are still concentrated in a few large-cap coins, and the overall market still shows significant structural differentiation.

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Bitcoin Withdrawal Recovery, 12,344.33 BTC Net Outflow from CEX in the Last 24 Hours

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ccording to Coinglass data, in the past 24 hours, CEX's total net outflow of BTC was 12,344.33 coins, with the top three outflow exchanges as follows:

Β· Coinbase Pro, outflow of 7,981.88 BTC;
Β· Binance, outflow of 4,252.99 BTC;
Β· OKX, outflow of 887.44 BTC.

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