Bitcoin faces a pivotal moment as it consolidates around the $52K resistance level, with potential to break higher or correct lower. The Relative Strength Index (RSI) on the daily chart suggests a bre...
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Bitcoin Faces Potential Price Correction Amid Technical Indicators: CryptoQuant
Cryptocurrency investors brace for possible turbulence in the market as analysts predict a looming price correction in the coming weeks. According to insights from CryptoQuant, a leading crypto analyt...
PEPE up +52.34%, BTC +8.76%, Pepe Coin is The Coin of The Day – Daily Market Update for Feb 27, 2024 | CoinCodex
Key highlights: The total cryptocurrency market cap increased from $ 1.99T to $ 2.09T in the past 24 hours, representing a 5.07% change The Bitcoin price at press time is $ 56,086 after growing by 8.7...
Bitcoin hits $56k, its highest level since November 2021: Are we seeing $60k soon?
Key takeaways BTC rallied by nearly 10% on Monday to reach the $56k level for the first time since November 2021. Bitcoin Dogs’ presale is officially closing in on the $5 million milestone. Bitcoin ey...
Bitcoin ETFs Could Grow Larger Than Gold ETFs Within Two Years: Bloomberg
Could Bitcoin ETFs become larger investment vehicles than gold ETFs? Bloomberg analysts say it might happen in as quickly as under 24 months. Will Bitcoin Pass Gold? In a post to X on Monday, Bloomber...
Bitwise predicts 50% odds of spot ETH ETF approval, $88k BTC by year end
Bitwise researcher Ryan Rasmussen believes there is a 50% chance that spot Ethereum ETFs will gain approval in the coming months. Rasmussen shared his insights on the odds during a Feb. 26 interview w...
Exit Scam? Bitcoin Exchange BitForex Shutters After $57M Mysteriously Withdrawn
BitForex, a cryptocurrency exchange headquartered in Hong Kong, has abruptly ceased all operations, leaving customers confused and apparently unable to access their funds as they wonder whether an exi...
Bitcoin Faces Potential Downturn Amid Economic Challenges, Warns Analyst
Bitcoin could encounter significant macroeconomic challenges in 2024, influenced by persistent inflation and economic indicators. Analyst Aurelie Barthere highlights concerns over inflation and a pote...
BTC at $56K as 9 Spot ETFs Make New Volume Record
The trading volumes of spot BTC ETFs secured a new high of $2.4 billion on Tuesday, excluding Grayscale’s GBTC. Bitcoin broke above $56,000, making a two-year high. BlackRock’s spot BTC ETF (IBIT) rec...
Bitcoin reaches $53k as daily trading volume soared over 50%
Bitcoin’s value soared to its highest point over two years, surpassing the $53,000 mark. The leading digital currency experienced an upswing of up to 3.3%, reaching $53,456, a price point not seen sin...
5 Things Satoshi Nakamoto Correctly Predicted About Bitcoin
Proof-of-work, the algorithm backing Bitcoin, is a fundamentally wasteful process by design. Even back in the days of Satoshi, people realized that, if Bitcoin were to become successful, the hashpower...
Could Bitcoin’s pseudonymous creator Satoshi Nakamoto become richer than Elon Musk?
Bitcoin‘s pseudonymous creator, Satoshi Nakamoto, is currently the 26th richest human being on the planet based on the amount of BTC he is presumed to have owned. Nakamoto famously holds a little over...
Spot Bitcoin ETFs reach $3.3b in trading volume; BlackRock accounts for $1.3b
Today’s stock market scene for Bitcoin and its Spot ETF counterparts is nothing short of a bull run, making a significant mark with a trading volume that brushed past the $3.3 billion mark. Among the ...
Why Did These Bitcoin ETFs Break Volume Records?
On February 26, Bloomberg ETF analyst Eric Balchunas noted record-high volumes in nine Bitcoin exchange-traded funds (ETFs), aligning with Bitcoin’s price nearing approximately $55,000 USD. Balchunas ...
MicroStrategy Bolsters Bitcoin Holdings with Latest $155M Purchase
MicroStrategy has announced the acquisition of an additional 3,000 bitcoins (BTC) at approximately $155 million. This purchase was executed at an average price of $51,813 per bitcoin, indicating the c...
Bitcoin Set for Major Correction Post-Halving, Eyes $58,000 Peak: Analyst Michael van de Poppe Predicts
Cryptocurrency expert Michael van de Poppe forecasts a bullish run for Bitcoin, targeting a peak between $54,000 and $58,000 ahead of the halving event. Despite the optimistic peak, a significant pull...
The Rise of Memecoin: Dubai's Impact on Bitcoin (BTC) and the Emergence of Meme Moguls (MGLS)
Dubai’s ambitious embrace of cryptocurrency, notably through the establishment of regulatory frameworks and the welcoming of major crypto exchanges, has positioned it as a major player in the di...
Novogratz predicts Bitcoin could ‘take off and measure to $150,000’
Posted: February 26, 2024 Exec views traditional finance as key to Bitcoin’s next growth phase Novogratz believes BTC’s future is bright, despite short-term price dips The enthusiasm for Bitcoin excha...
Who cares if Spot Bitcoin ETFs have high trading volume?
Pretty much everyone in the crypto community has been all about these newfangled spot Bitcoin ETFs lighting up the trading boards with their wild numbers. High trading volume, they say, screams intere...
VanEck’s Bitcoin ETF Volume Surge Linked to High-Frequency Trading
HODL witnessed $400M in trading volume, a gain of almost 1,400%. The fund had achieved $25.5 million in trading volume on its opening day last month. Some market observers were caught off guard last ...
Bitcoin reclaims $54k two years after painful crash at the start of winter
Bitcoin (BTC) surged 6% on Feb. 26 to a new two-year high of $54,910 after US markets began trading, an indication of rising interest in the flagship crypto from retail and institutional investors. Bi...
JPMorgan Says Bitcoin Halving and Ethereum Upgrade ‘Are Largely Priced In’
JPMorgan Chase has discussed three main catalysts driving crypto prices over the coming months. The global investment bank’s analysts believe that the Bitcoin halving event and the next major upgrade ...
South Korea to discuss NFT classification, Bitcoin ETFs with Gary Gensler
Head of South Korea’s Financial Supervisory Service, Governor Lee Bok-hyun, is scheduled to discuss key regulatory issues with U.S. SEC Chairman Gary Gensler in May. The agenda includes potentially cl...
Ethereum is still outperforming Bitcoin – ETF who?
Ethereum is kicking Bitcoin’s butt, and not by a small margin. We’re talking a whopping 98% yearly gain, with a 42% increase just this year. Everyone’s buzzing about whether some shiny new ETF will hi...
Fed Agenda in the Bitcoin Market: According to Bianco, Interest Rates Won’t Be Lowered Before This Date!
According to the analysis by Jim Bianco, President and Macro Strategist of Bianco Research, it is unlikely that the Fed will cut interest rates before September of this year. Bianco emphasized that th...
Institutional investors show strong preference for Ether over Bitcoin: Bybit research
A recent study by Bybit research unveils a noteworthy trend among institutional investors in the cryptocurrency space, showing a pronounced preference for Ether (ETH) over Bitcoin (BTC). This shift in...
Bitcoin Explodes to New 26-Month High of Over $53,500, Leaving Almost $200M in Liquidations
The price of the largest cryptocurrency by market cap took a sudden liftoff and shot up by more than two and a half grand in minutes to a new 26-month peak of over $53,500. The altcoins have also turn...
MicroStrategy adds 3k more Bitcoin for $155m
Michael Saylor’s MicroStrategy has acquired more Bitcoin as the cryptocurrency jumped from around $41,000 at February’s beginning to over $50,000 as it draws to a close. MicroStrategy scooped an addi...
Bitcoin surpasses $54,000: What’s going on and what should you expect?
Alright, guys, let’s talk about Bitcoin’s wild ride today. This digital beast of a currency decided to shoot through the roof, hitting over $54,000. That’s a number we haven’t seen since the good old ...
MicroStrategy Buys More Bitcoin, Boosts Its Holdings to 193K BTC
MicroStrategy buys 3,000 bitcoins for $155 million, increasing its total holdings to 193,000 BTC. This is worth over $10 billion, chairman says MicroStrategy is different from bitcoin ETFs and has a l...
Bitcoin Cash is Predicted to Reach $301.37 By Mar 02, 2024
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation,...
QED Secures $3 Million in Funding to Propel Fully Trustless Zero-Knowledge Applications Across the Bitcoin Ecosystem
PRESS RELEASE. HONG KONG —February 26, 2024 – QED, the world’s first zk-Native blockchain protocol, announced today it has raised $3 million in a funding round led by Arrington Capital with participat...