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Who Is the Whale(s) Buying Up $1.6B Bitcoin in 5 Minutes?

Bitcoin, the world's largest cryptocurrency, surged past $54,000 to the highest in almost five months as bullishness returns to the market following the prior months' slump. CryptoQuant reports there was one purchase of $1.6 billion worth of BTC via market orders in just five minutes. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin Price Surges to 5-Month High, What’s Driving Bitcoin’s Rally?

Bitcoin’s price has skyrocketed to a 5-month high of over $54,000 as bullish sentiment returns, with the cryptocurrency already up 25% this month. CoinDesk’s Galen Moore discusses insights into the possible factors driving what he calls the “spot-market driven rally” and its potential connection to tether, China, crypto regulation, and ETFs.

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BTC Gained 25% in Q3 2021

New data reveals bitcoin gained 25% in the third quarter of 2021.

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Bitcoin Breaks $50K for First Time in a Month

Bitcoin, the largest cryptocurrency by market value, broke above the crucial psychological threshold of $50,000 Tuesday for the first time since Sept. 7. Travis Kling, founder and CIO of Ikigai Asset Management, discusses his bitcoin analysis and outlook, explaining key patterns he’s continuing to watch.

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The Great Migration of Crypto Mining Amid China’s Most Severe Crypto Ban

Reacting to the North American mining industry making big investments, Kevin Zhang, Vice President of Business Development at crypto mining advisor Foundry, discusses how China’s crackdowns on crypto mining and trading could contribute. He explains the potential impact of the country’s great bitcoin mining migration and where its miners are heading.

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BitGo CEO on Bitcoin: ‘Large Peak, Large Retreat Ahead’

As bitcoin bounces back above $49,000, Mike Belshe, CEO of institutional crypto custody and security firm BitGo, discusses his short-term outlook and long-term price prediction for BTC. “We will probably … see a large peak and then a large retreat,” Belshe said. “It’s a volatile space. Be prepared for it.”

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Crypto Funds Draw $90M in New Money as Confidence Returns

Digital asset investment products attracted $90 million in new money in the seven days last Friday, the seventh straight week of inflows. Bitcoin-focused funds reportedly took in $69 million and has attracted new capital for three straight weeks after a period of outflows in recent months.

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BTC Dominance Declining Since 2019

A sneak peak at one of the charts in CoinDesk’s Q3 crypto markets analysis report reveals bitcoin’s dominance, the measure of BTC market capitalization, compared to the market cap of all digital assets has consistently waned year over year since 2019. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Will Bitcoin's Bull Run Continue Next Week?

Bitcoin is up 9.13% on the day as institutions outside the U.S. have reportedly turned more bullish, but will the rally continue? CoinDesk's Christie Harkin discusses what to expect next week, as the SEC has also delayed its decision to approve four bitcoin ETF applications.

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Crypto Community Continues Reacting to China’s Sweeping Crypto Ban

With continuing fallout from China, CoinDesk’s Christie Harkin reviews the week’s events out of China that potentially impacted the price of bitcoin and the wider crypto market.

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