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Bitcoin may be controversial, but there's no denying what it has done for long-term holders.

The average realized price of 2024 buyers in bitcoin was $65,901.

Bitcoin rebounds from December lows as Terraform Labs’ Do Kwon denies major US fraud charges. Meanwhile, the IRS delays new crypto reporting rules until 2026, and U.S. based mining pools overtake Asian counterparts.

Ether stands out relative to BTC as the go-to major currency for traders looking to amplify returns with the use of leverage

(Bloomberg) -- Investors yanked a net $333 million from BlackRock Inc.’s iShares Bitcoin Trust ETF (IBIT) on Thursday, the most withdrawn from the record-breaking fund since its launch.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned-Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusThe fund

Cathie Wood is closely watched by many investors. The hope is that this results in strong portfolio returns. As a revolutionary store of value that has now become a legitimate financial asset drawing lots of attention, Bitcoin (CRYPTO: BTC) is prominently on the radar of Ark Invest.

Bitcoin's hashrate increased by approximately 50% in 2024, and it is currently on course to rise for the eighth consecutive time.