Curated News
By: NewsRamp Editorial Staff
December 07, 2024
Bitcoin Hits $100K, BlackRock's ETF Surpasses 500K BTC, Cutoshi's $CUTO Presale Soars
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- Bitcoin hits $100k, solidifying its legitimacy and attracting more institutional investors.
- Bitcoin's price reaches $101k with a 7.2% intraday decrease, attracting attention from experts and analysts.
- Cutoshi aims to bring good fortune to the blockchain community and offers DeFi education through its platform.
- Cutoshi's $CUTO token presale offers unique MemeFi features and a chance to earn passive income through the Cutoshi Farming mechanism.
Impact - Why it Matters
The milestone $100k BTC and BlackRock's ETF milestone showcase the growing legitimacy and institutional interest in Bitcoin. Cutoshi's innovative MemeFi ecosystem and $CUTO presale offer unique opportunities for investors to engage in the meme coin space.
Summary
Bitcoin has reached the $100k landmark, with BlackRock’s ETF amassing 500,380 BTC. Meanwhile, newcomer Cutoshi is making waves in the meme coin space with a successful presale of the $CUTO token.
BTC hits $101k, institutional investors continue to bid heavily, and BlackRock’s IBIT now holds over $50 billion worth of Bitcoin. However, $137 million in short positions were liquidated over the last 24 hours. On the other hand, Cutoshi aims to revolutionize the meme coin space with its unique MemeFi ecosystem, offering a state-of-the-art non-custodial exchange and incentivizing users through the Cutoshi Farming mechanism.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Bitcoin Hits $100K, BlackRock's ETF Surpasses 500K BTC, Cutoshi's $CUTO Presale Soars
