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Coinbase Institutional Analyzes Upcoming Bitcoin Halving, Drawing Parallels to 2018-2022 Cycle
21.3.2024
In its latest “Halving Handbook,” Coinbase Institutional draws striking comparisons between the upcoming Bitcoin halving and the market cycle from 2018-2022, offering insights into the potential impacts on the crypto economy. Coinbase’s Halving Handbook The next Bitcoin...
Navigating the Bitcoin Halving: Glassnode Report Discusses a New Trading Landscape
21.3.2024
As Bitcoin’s network halving event draws near, Glassnode’s latest report sheds light on the evolving trading strategies in the face of significant demand from ETFs, signaling a pivotal shift in the cryptocurrency market. Glassnode Report Unveils Shift in Bitcoin Trading Strategies...
Bitcoin Mining Stocks Rally Ahead of Halving: Double-Digit Gains Mark Midweek Surge
21.3.2024
Publicly traded bitcoin mining companies experienced a revival this week, as numerous stocks saw double-digit increases on Wednesday. Shares of Cleanspark soared by 22.8%, Marathon’s shares climbed by 16.1%, and Riot’s shares increased by 11.81% throughout the trading day. Bitcoin...
Fed boosts BTC price while BlackRock hints at $5 Trillion project
21.3.2024
On Thursday, the crypto market showed some life again with a double dose of positive news. Bitcoin, the biggest crypto in the market, gained 8% value and breached the $66,000 mark once again. The surge helped Ethereum (12%) and XRP (4%) also make a comeback. According to market experts,...
Bitcoin Rallies Post-Fed Rate Announcement, Shorts Worth $151.69M Liquidated
21.3.2024
The valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar. Crypto Market...
FOMC Interest Rate Decision Signals All Clear For Bitcoin Bull Run
20.3.2024
The Bitcoin (BTC) bull run has clear skies above following the Federal Open Markets Committee (FOMC) interest rate decision on Wednesday.
The post FOMC Interest Rate Decision Signals All Clear For Bitcoin Bull Run appeared first on Cryptonews
Bitcoin Price Pumps Back Above $67,000, Up 10% from Intra-day Lows Following Dovish Fed
20.3.2024
The Bitcoin (BTC) price is pumping in the wake of the latest Fed policy announcement, which saw the bank leave interest rates unchanged at 5.25-5.5% for a fifth successive meeting and continue to forecast three rate cuts in 2024.
The post Bitcoin Price Pumps Back Above $67,000, Up 10% from...
Grayscale’s Bitcoin ETF sees record outflow amid BTC dip
20.3.2024
According to official statistics released on Monday, Grayscale’s Bitcoin Trust witnessed its most significant daily outflow since converting to a spot exchange-traded fund (ETF) in January of this year. This suggests a discernible shift in the sentiments of investors regarding the fund....
With 1 Month to Go, Bitcoin Halving Poised to Shift Mining Dynamics
20.3.2024
Per the most recent data, we are a month away, or precisely 30 days, from the fourth Bitcoin halving event. This significant milestone will cut the mining rewards from 6.25 bitcoins per block to 3.125 bitcoins per block after the halving. The summary below outlines the essentials to grasp...
First Mover Americas: BTC's Drop Below $62K Is the Biggest Single-Day Loss Since FTX’s Collapse
20.3.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for March 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Technical Analysis: Bearish Signals Amid Market Turbulence Put Traders on High Alert
20.3.2024
Bitcoin, with its intraday low and high at $60,760 and $66,382 respectively, and currently trading above the $63,500 mark, showcases its durability and unpredictability. The price movements of bitcoin persist in the lead-up to the U.S. Federal Reserve’s gathering on Wednesday afternoon....
Bitcoin Registers Biggest Single-Day Loss Since FTX's Collapse
20.3.2024
Spot BTC ETFs witnessed record outflows on Tuesday, provisional data from Farside show
Salvadoran Press Raises Doubts on Piggy Bank Funds’ Ownership: 80% of BTC Came From Bitfinex
20.3.2024
Reports from local Salvadoran press are raising questions about President Bukele’s announcement last week, when he transferred 5,690 BTC to a cold wallet, stating that all of these belonged to the country. Moises Alvarado, a Salvadoran journalist, found that 80% of the funds in this wallet...
Luxor and Bitnomial Roll out Hashrate Futures for US Market Ahead of Bitcoin Halving
19.3.2024
Luxor Technology Corporation, a blockchain infrastructure service provider, has unveiled plans to introduce exchange-traded hashrate futures for institutional investors in the U.S. Through a collaboration with derivatives exchange Bitnomial, this new futures product is slated to be accessible...
Best Crypto to Buy Today March 19 –Fantom, Celestia, Stacks
19.3.2024
As Bitcoin (BTC) stages a rebound from the earlier session’s multi-week lows in the $62,000s, investors are hunting for the best crypto to buy today to take advantage of the market’s most recent dip.
The post Best Crypto to Buy Today March 19 –Fantom, Celestia, Stacks appeared first on Cryptonews
GBTC Experiences Its Largest Daily Drain Yet, Nearly 239,000 BTC Gone in Under 70 Days
19.3.2024
According to the latest statistics, Grayscale’s Bitcoin Trust (GBTC) experienced its most significant outflow on March 18, 2024, totaling $643 million. Onchain experts have closely observed GBTC’s activities as a considerable number of bitcoin have been moved out of the trust’s...
Velar Launches Dharma AMM to Propel Bitcoin Into the Decentralized Finance Spotlight
19.3.2024
On Tuesday, the bitcoin liquidity protocol Velar unveiled Dharma, an automated market maker (AMM) designed to enhance decentralized finance liquidity within the Bitcoin realm. The inaugural version of Velar’s Dharma is set to function on the Bitcoin layer two (L2) Stacks, featuring an initial...
Billionaire Michael Saylor Announces $623 Million Bitcoin Purchase, MicroStrategy Now Owns Over 1% of Total Supply
19.3.2024
MicroStrategy, the world’s largest corporate holder of Bitcoin (BTC), has acquired another 9,245 coins at an average price of $67,382.
The post Billionaire Michael Saylor Announces $623 Million Bitcoin Purchase, MicroStrategy Now Owns Over 1% of Total Supply appeared first on Cryptonews
Is BTC in RED ALERT as Halving Event Nears? An Analyst’s Take
19.3.2024
Bitcoin has made enormous strides since its release in 2009 and has seen three halves in the trading market in the last one and a half decades. With its fourth halving coming near, price fluctuations are a hot topic in the crypto trading industry. The volatility of BTC is in question, even though...
Microstrategy Expands Bitcoin Holdings: Acquires 9,245 BTC After Successful Convertible Note Sale
19.3.2024
On Tuesday, the business intelligence firm Microstrategy announced it completed a $603.75 million offering of convertible senior notes due 2031. After the announcement, Microstrategy’s founder Michael Saylor announced the company acquired 9,245 bitcoin for $623 million using the proceeds...