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Bitcoin Technical Analysis: BTC Eyes Previous Zeniths With Renewed Vigor
8.4.2024
On April 8, 2024, bitcoin reached an impressive 24-hour peak of $72,573, marking a significant uptrend. With a 24-hour trading volume of $29.64 billion and a market capitalization soaring to $1.41 trillion, the cryptocurrency showcases strong market growth. Bitcoin Analyzing the daily chart...
Crypto M&A Deals up 22% in Q1 2024 From Previous Quarter, Says Advisory Firm
8.4.2024
The latest mergers and acquisitions (M&A) and financing activities in the cryptocurrency sector through the first quarter of 2024 are up 22%, according to a new research note from Architect Partners.
The post Crypto M&A Deals up 22% in Q1 2024 From Previous Quarter, Says Advisory Firm...
Digital Asset Products See $862M in Inflows, Nearly Erasing Previous Week’s Outflows
2.4.2024
Digital asset investment products experienced a positive turnaround in sentiment as inflows reached a total of $862 million last week, almost fully recovering from the record outflows of $931 million in the prior week.
The post Digital Asset Products See $862M in Inflows, Nearly Erasing Previous...
Bitcoin ETFs Experience Turnaround With $859M Inflows After Previous Outflows
31.3.2024
U.S. spot bitcoin exchange-traded funds (ETFs) have enjoyed a streak of positive inflows for four consecutive days, according to the latest figures. This rise in interest comes after a previous week that witnessed five straight days of outflows, totaling a substantial $887.6 million. After a Week...
New Zealand Regulator Warns Against Crypto Exchange Clone
27.3.2024
New Zealand regulator noted that crypto exchange clone company has been reportedly contacting customers, promising to retrieve funds lost in previous unsuccessful investments.
The post New Zealand Regulator Warns Against Crypto Exchange Clone appeared first on Cryptonews
Institutional Interest for Bitcoin Rises, Yet Challenges May Hamper Future Adoption
14.3.2024
Institutional interest for Bitcoin and other digital assets has been apparent in previous years. Yet industry experts believe that investors are taking a newfound interest in Bitcoin (BTC) following the approval of 11 US spot Bitcoin exchange-traded funds (ETFs). David Lawant, Head of Research...
MicroStrategy Plans Another $500 Million Private Offering of Convertible Senior Notes, Will Use Proceeds to Buy Bitcoin
13.3.2024
MicroStrategy is diving back into the market with a new $500 million private offering of convertible senior notes. The firm plans to use the proceeds to bolster its already considerable Bitcoin holdings. This comes after a previous successful offering and underscores MicroStrategy's unwavering...
Terra’s Do Kwon Wins Extradition Appeal in Montenegro, Avoids U.S. Charges
5.3.2024
Do Kwon, the founder of Terraform Labs, has received a legal reprieve as a Montenegro court overturned a previous ruling for his extradition to the U.S.
The post Terra’s Do Kwon Wins Extradition Appeal in Montenegro, Avoids U.S. Charges appeared first on Cryptonews
Bitcoin Price Crosses $65,000, Approaches All-Time High as Momentum Continues
4.3.2024
The price of Bitcoin surged past the $65,000 milestone during the early hours of Monday in Europe, making significant strides towards its previous record of $69,000 achieved in November 2021.
The post Bitcoin Price Crosses $65,000, Approaches All-Time High as Momentum Continues appeared first...
Breaking: Coinbase Crashes, Sparking Bitcoin Bull Run Hopes as Market Remembers Past Surges
28.2.2024
Coinbase experienced a major outage today, causing a temporary decline in Bitcoin's price. The crash has sparked speculation about a potential Bitcoin bull run, as the market draws parallels with previous Coinbase outages that preceded a major surges in Bitcoin's value.
The post Breaking: Coinbase...
CME Group Expands Derivatives to Micro-Euro Bitcoin and Ether Futures
20.2.2024
CME Group announces plans to launch Micro Bitcoin Euro and Micro Ether Euro futures in March, pending regulatory approval. The move will provide investors with greater tools to manage their crypto exposure as the adoption of digital assets continues to rise. CME Group cites the success of previous...
Bitcoin ETF Inflows Doubled to $2.3B Last Week, Fueling BTC’s Rise to $52,000: Fineqia
19.2.2024
Spot Bitcoin ETFs witnessed a substantial influx of approximately $2.3 billion last week, nearly doubling the previous week's inflow of $1.2 billion.
The post Bitcoin ETF Inflows Doubled to $2.3B Last Week, Fueling BTC’s Rise to $52,000: Fineqia appeared first on Cryptonews
Binance’s Trading Volume Soars with FDUSD Stablecoin Pairs Leading the Charge
15.2.2024
The trading pairs involving First Digital USD (FDUSD) have seen a surge in trading volume on Binance, reaching its highest share ever in spot trading volume on the exchange. On February 12, FDUSD pairs accounted for 38% of Binance’s total spot trading volume, marking a substantial 42.6%...
Crypto Exchanges Reported Over 16,000 Flagged Transactions to South Korean Authorities
14.2.2024
South Korean crypto exchanges reported over 16,000 transactions to local authorities in 2023, an increase from previous years. The Financial Intelligence Unit (FIU) released a breakdown of its efforts to tackle money laundering and other illegal financial threats involving crypto assets....
Grayscale: Bitcoin Miners to Lean on Ordinals for Revenue Boost as Halving Cuts Rewards
12.2.2024
In the coming months, Bitcoin is set to undergo a significant event known as “halving,” which will reduce the reward for Bitcoin miners who successfully complete a block. This event, scheduled for mid-April 2024, has historically been viewed as a bullish signal for Bitcoin (BTC),...
As $3.5 Million Milestone Nears, Could This PEPE Rival Become The Next Meme King?
10.2.2024
Memecoins, while known for being volatile, have always been popular among investors and traders looking for fast profits. Pepe, a previous standout, had its moment in the spotlight, creating crypto millionaires along the way. Now, all eyes are on a rising star, Galaxy Fox, as it nears a remarkable...
Ronin Token (RON) Rally Holds Strong Despite Volatility After Binance Listing
6.2.2024
Ronin, the gaming blockchain developed by Sky Mavis, the creator of Axie Infinity, has demonstrated resilience in its token (RON) performance despite facing initial turbulence while listing on the crypto exchange Binance. On February 5, Ronin token prices experienced significant volatility...
Bernstein Analysts Predict Bitcoin Price Will Reach $70,000 This Year, Say There Are “No Headwinds”
6.2.2024
Analysts at investment firm Bernstein expect Bitcoin (BTC) to resume its upward trajectory, surpassing its previous all-time high of $69,000 and potentially reaching $70,000 this year. The analysts expressed confidence in the cryptocurrency’s risk-reward profile, stating that no significant...
dYdX Unlocks Over 33 Million Tokens: Pump or Dump? Bullish Metrics Found in Algorand (ALGO) and InQubeta (QUBE)
5.2.2024
The dYdX (DYDX) token unlock continues, with the 33 million coins, worth approximately $90 million, unlocked on February 1. This is on the back of the previous unlock on January 23rd, which is set to continue for the next five months. The frequency and size of these new token releases have raised...
NFT Collections Drive Market Recovery With a 3.74% Increase in Weekly Sales
3.2.2024
NFT sales have experienced a 3.74% increase compared to the previous week, totaling $236,234,800 over the past seven days. The latest rise defies the pattern of consecutive weeks marked by declining NFT sales. NFT Sales Climb Higher, Defying Recent 2-Week Downtrend The top-performing NFT collection...