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‘Much Larger Parabolic Expansion Phase' Incoming for Bitcoin, Says Analyst Kevin Svenson – Here's the Timeline

dailyhodl.com

Cryptocurrency analyst and trader Kevin Svenson is offering his forecast for Bitcoin (BTC) over the coming weeks and months. In a new video, Svenson tells his 72,200 YouTube subscribers that he is maintaining a “bullish bias” on Bitcoin going forward.

Read in Full: dailyhodl.com
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Timeline of Bitcoin


Banks petition SEC for crypto custodianship role amid Bitcoin ETF surge - Cryptopolitan

Major banking institutions in the United States are lobbying the Securities and Exchange Commission (SEC) to reevaluate its crypto asset definition, aiming to secure a more prominent role in the burgeoning cryptocurrency market. This push comes after the recent approval of spot Bitcoin exchange-traded funds (ETFs), which notably excluded American banks as asset custodians.


Bitcoin surpasses $52,000 mark amidst institutional buying pressure - Cryptopolitan

According to recent data, Bitcoin has surged past the $52,000 mark, buoyed by sustained buying pressure from institutional traders. The influx of institutional interest has been notably observed on Coinbase, a popular exchange platform among American investors.


$1.1B Bitcoin Options Expiring as Futures Traders Bet on New BTC Price Highs - BeInCrypto

Friday has come around again and that means it is Bitcoin options contract expiry day. With the asset topping $50,000 this week, will the billion-dollar-plus notional value expiry push prices higher?


On-chain data shows Bitcoin supply is tightening - CryptoSlate

After a brief struggle to regain footing, Bitcoin finally broke through the $52,000 barrier on Feb. 14. While $50,000 was a critical psychological benchmark, trading above $52,000 indicates rising market confidence in Bitcoin and can mean the end of the bear market.


VanEck slashes spot Bitcoin ETF fee to 0.20%; Fidelity cuts EU ETP fee to 0.35% - CryptoSlate

VanEck will reduce fees on its spot Bitcoin ETF later this month, according to a filing with the US Securities and Exchange Commission (SEC) on Feb. 15. The firm said that its VanEck Bitcoin Trust (HODL) will include a unified sponsor fee of 0.20% when trading begins on Feb. 21.


Did Elizabeth Warren Just Endorse Bitcoin? Not So Fast - Coindesk

A stunt from Bitcoin supporters led to the appearance that the U.S. senator and staunch cryptocurrency opponent Elizabeth Warren signed an order for a flag to be flown over the U.S. capitol commemorating Satoshi Nakamoto.


MicroStrategy's Huge Bitcoin Bet Rakes In $4 Billion Profit Amid Exponential Price Boom - Zycrypto

MicroStrategy, the Michael Saylor-owned enterprise software maker that is the largest publicly-listed holder of Bitcoin, kicked off 2024 by purchasing more BTC. The firm's blockbuster gambit on the premier cryptocurrency has certainly paid off so far.


Bitcoin's Latest Difficulty Retarget Jumps 8.24%: Miners Navigate the Toughest Mining Landscape Yet - Bitcoin

Bitcoin's mining difficulty has hit an unprecedented peak, marking the most significant jump of 2024. On Thursday, at the milestone of block 830,592, the network experienced its fourth adjustment this year with a sharp 8.24% uptick.


3 Theories Explain the Bitcoin Supply Shock Everyone Is Talking About - BeInCrypto

A recent development has captured the interest of both cryptocurrency investors and analysts. The remarkable surge in demand for spot Bitcoin ETFs (exchange-traded funds) within the United States, coupled with the anticipated reduction in the rate of new BTC entering circulation following the forthcoming halving event, is poised to trigger a substantial supply shock that could fundamentally transform the cryptocurrency market.


Gary Gensler Says Bitcoin Is ‘Token of Choice for Ransomware' and ‘Not That Decentralized' - The Daily Hodl

The Chair of the U.S. The Securities and Exchange Commission (SEC) says Bitcoin (BTC) isn't as decentralized as the public believes. In a new interview on CNBC, Gensler says the top crypto asset by market cap is “not that decentralized,” partially due to the prominence of centralized crypto exchanges.

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