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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...
Michael Saylor's MicroStrategy Acquired Another 9,245 BTC For $623M
19.3.2024
MicroStrategy now holds approximately 214,246 BTC ($13.5 billion), which is more than 1% of all the 21 million bitcoin that will ever exist
Bitcoin Falls to Sub-$63K as Market Awaits Federal Reserve’s Next Move
19.3.2024
On Tuesday, the value of bitcoin fell to a low of $62,355, experiencing a decline of over 7% against the U.S. dollar in the last 24 hours and a decrease of 12.4% in the past week. This downturn led to the liquidation of a substantial number of bitcoin long positions, with more than $180 million...
March Madness: Bitcoin (BTC) ATH, Dogecoin (DOGE) & Shiba Inu (SHIB) holders flock to Kelexo (KLXO) lending genius, 100x on horizon
19.3.2024
In the midst of March madness, with Bitcoin (BTC) reaching unprecedented heights, holders of Dogecoin (DOGE) and Shiba Inu (SHIB) are flocking towards the Kelexo lending platform, lured by the prospect of 100X returns. Kelexo (KLXO) stands out as a beacon of innovation in lending, promising...
Crypto whales are seen accumulating BTC, ETH, and LINK
19.3.2024
The crypto market is trembling; however, whales are least bothered by that fact. If anything, they have begun accumulating three major tokens in their portfolios. These include Bitcoin’s BTC, Ethereum’s ETH, and Chainlink’s LINK. They are heavily betting on the future with a long-term plan...
Standard Chartered Raises Bitcoin Target: BTC Could Hit $150K This Year, $250K Next Year
19.3.2024
Standard Chartered has raised its bitcoin forecast, predicting that the cryptocurrency’s price could reach $250,000 next year and $150,000 this year. The bank also adjusted its ether forecast as it anticipates the approval of a spot ether exchange-traded fund (ETF) by the U.S. Securities...