US Government to Hold Bitcoin on Its Balance Sheet in 6 Months : Predicts Mike Novogratz

Quick Summary:

This comes after two weekends of high volatility, with traders pausing to reassess their positions following a significant liquidation event.Jake O.from Wintermute OTC noted that the slowdown reflects tighter trading ranges and a lack of fresh crypto-specific narratives.

Initially booked to begin his Galaxy Digital resources Fund on December 15, 2017, he retired plans since he didn't like market conditions.

With rising rumors of Bitcoin’s addition in the US balance sheet to many crypto firms going public the market is waiting for many events this year.

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United States

Topics: Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-11 @ 07:54:16 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 918 words

Reading Time: 6 minutes read

Sentences: 59 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 26073773

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 17 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

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Publisher ID: #112

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