Bitcoin Soars Past $44k on BlackRock ETF Hopes and Qatar Fund Rumors
• Bitcoin breaches $44k, reaching its highest level since April 2022, driven by speculation around a BlackRock spot BTC ETF
• BlackRock received $100k in seed capital for its spot BTC ETF, indicating high chance of approval
• Rumors suggest Qatar sovereign wealth fund looking to buy $500 billion in Bitcoin, potentially leading to $100k price
• Over $250 million in shorts and longs liquidated in last 24 hours amid Bitcoin volatility
• Analysts suggest Bitcoin on path to $48-50k before next halving in mid-2024, with chances of revisiting $30k "very slim"