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BlackRock’s move for a spot Bitcoin ETF sparked a number of filings and re-filings from other industry actors, including Fidelity. BlackRock’s application for a spot Bitcoin ETF triggered a series of filings and re-filings from other industry players, including fellow asset manager Fidelity.

Arkham Intelligence, a crypto data company, stirred up controversy on Monday when it announced a new service that would unmask the owners of digital wallets. This angered privacy-focused crypto enthusiasts. Arkham’s weblink referral program is the source of the problem. Arkham users can invite other people to the wallet tracking dashboard by sharing their unique URL. These URLs end in a jumbled mess of characters. They’re actually a simple version of an email address, written in Base64. is trivial to decode.

Standard Chartered Bank, in a report released on Monday, said that Bitcoin (BTC), could reach $50,000 by the year’s end and $120,000 by 2024. At the time, the bank noted the banking crisis among other factors. Standard Chartered Bank said in a report released yesterday that they now believe this estimate was too conservative and see an upside to their end-2024 goal. They cited increased miner profits as one of the bullish factors.

Chart of the Day

  • On Monday, the 30-day moving average of bitcoins moved from miner’s wallets to central exchanges reached a new record of 2581.98 BTC.
  • The market is now under more selling pressure because miners have moved over 77,000 BTC (2.3 billion dollars) in the last 30 days.

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– Omkar Godbole

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Stephen Alpher edited the book.