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Bitcoin is on the verge of entering a “parabolic run”, fueled by increasing inflows into U.S. spot Bitcoin exchange-traded funds (ETFs), according to crypto analysts. Spot Bitcoin ETFs have witnessed positive flows for 19 straight days, with close to $1.7 billion coming this week alone, according to data from Farside Investors. Analysts say if this trend ...
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Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Bill Barhydt, Founder and CEO of Abra, who says that Bitcoin will become the shadow central bank, as the fiat system fails. Barhydt sees more sovereign nations and companies holding Bitcoin as a reserve asset. He warns that 50-75 non-U.S.-dollar-backed or non-euro-backed currencies ...