Search
Bitcoin Surpasses Gold in Investor Portfolios: JPMorgan
15.3.2024
As reported by a JP Morgan analyst, Bitcoin has surged past gold in terms of investor portfolio allocation, taking volatility into account.
The post Bitcoin Surpasses Gold in Investor Portfolios: JPMorgan appeared first on Cryptonews
El Salvador Transfers 5,000 Bitcoins to Cold Wallet, Surpassing Bitcoin Holdings Estimates
15.3.2024
El Salvador moved over 5,000 Bitcoins valued at over $400 million into a cold wallet this week, President Nayib Bukele revealed in a March 14 X post. The move surprised the cryptocurrency community by substantially surpassing expectations of what the country was believed to hold in the rallying...
Unraveling the Mystery: Qatar’s Role in the $3.3 Billion Bitcoin Investment Rumors
15.3.2024
Rumors are spreading like wildfire across the crypto grapevine that the state of Qatar could be making a huge, possibly multibillion-dollar huge, Bitcoin (BTC) bet soon. At least one article claims the Middle Eastern nation may have already made the leap and purchased 50,000 BTC in a series...
Bitcoin: Boom or Bust? El Salvador, Debt, and the Satoshi Enigma
15.3.2024
The past few days have been nothing short of a rollercoaster ride for Bitcoin. The biggest crypto in the world broke its 2-year-long slump and hit its all-time high of 73,798 dollars. While the crypto has dropped to 68,582 dollars for now, the market is inundated with updates surrounding BTC. Let’s...
Bitcoin price swings: From all-time high to new low below $69k
15.3.2024
After the recent witnessing of an all time high, Bitcoin has hit a new low, reaching below the figure of $69,000 per coin. As per the latest update, it has climbed to over $70,000, still below the peak of $73,700. The success story of Bitcoin is being attributed to the latest spot Bitcoin...
Bitcoin’s Recent Dip is “Very Normal Bull Market Behavior,” Analyst Says
15.3.2024
Bitcoin fell below weekly lows on Friday, but market observers remained calm, attributing the dip to typical corrective moves within a broader uptrend.
The post Bitcoin’s Recent Dip is “Very Normal Bull Market Behavior,” Analyst Says appeared first on Cryptonews
Streaming Service Platform Movies Plus Accepts Bitcoin
15.3.2024
The free movie streaming app Movies Plus said that it has become the “first streaming platform to accept Bitcoin.”
The post Streaming Service Platform Movies Plus Accepts Bitcoin appeared first on Cryptonews
Over $520M in Longs Liquidated as Bitcoin Price Drops Below $68,000
15.3.2024
Bitcoin is trading below $68,000, nearly 7.5% down in the last 24 hours. The price correction triggered massive liquidations as the entire network saw over $657 million positions liquidated in the last 24 hrs.
The post Over $520M in Longs Liquidated as Bitcoin Price Drops Below $68,000...
Speculators And Retails Are Driving Latest Bitcoin Rally, Says JPMorgan
14.3.2024
JPMorgan analysts remain bearish on Bitcoin’s near-term future, believing the asset’s current rally is attributable to retail and speculative institutions.
The post Speculators And Retails Are Driving Latest Bitcoin Rally, Says JPMorgan appeared first on Cryptonews
Peter Schiff Regrets Skipping Bitcoin, Reignites Debate on Crypto’s Future
14.3.2024
Longtime Bitcoin critic Peter Schiff has admitted he regrets not investing in Bitcoin when he was first introduced to it in 2010. The American stockbroker, known for advocating for gold investments, had previously mocked Bitcoin as a "pure Ponzi scheme."
The post Peter Schiff Regrets Skipping...
Andorra Receives Technical Assistance From IMF on Bitcoin Transactions
14.3.2024
The International Monetary Fund (IMF) has issued technical guidance, charging Andorra with tracking and recording Bitcoin transactions. This follows the European country's seeking guidance from the IMF.
The post Andorra Receives Technical Assistance From IMF on Bitcoin Transactions appeared first...
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...
NYSE Signals US SEC to List Crypto Firm 7RCC’s Eco-Conscious Spot Bitcoin ETFs
14.3.2024
7RCC's spot Bitcoin ETF comprises of 80% of Bitcoin and the remaining 20% holding carbon credits futures.
The post NYSE Signals US SEC to List Crypto Firm 7RCC’s Eco-Conscious Spot Bitcoin ETFs appeared first on Cryptonews
Michael Novogratz: $50k Bitcoin floor & beyond adoption?
14.3.2024
Bitcoin is testing a new resistance of $70,000 amid speculation that it could go as high as $100,000 by the end of this year, that is, 2024. A decline, if any, is inevitable; however, analysts have proposed a theory that Bitcoin will never fall below $50,000 unless a significant event occurs in...
Breaking: Court Verdict Shatters Craig Wright’s Claims – Not Bitcoin’s Creator, Satoshi Nakamoto
14.3.2024
UK Judge James Mellor has rejected Craig Wright's claims of being Satoshi Nakamoto, the elusive creator of Bitcoin, in a recent verdict.
The post Breaking: Court Verdict Shatters Craig Wright’s Claims – Not Bitcoin’s Creator, Satoshi Nakamoto appeared first on Cryptonews
Analyst: Spot Bitcoin ETFs Anticipated to Attract $220 Billion in Three Years
14.3.2024
Spot Bitcoin (BTC) exchange-traded funds (ETFs) could witness an influx of $220 billion over the next three years.
The post Analyst: Spot Bitcoin ETFs Anticipated to Attract $220 Billion in Three Years appeared first on Cryptonews
MicroStrategy to offer $500M in convertible senior notes
14.3.2024
MicroStrategy will offer $500 million as convertible senior notes through a private offering to deserving institutional buyers. This is per Rule 144A, coming under the Securities Act of 1933. The company intends to provide the first lot of buyers of the notes the opportunity to buy within thirteen...
Bitcoin Price Prediction: Rally to $73,400 Amid AI Boom, Buy Signal Above $72,500?
14.3.2024
Amidst a tech-driven market rally and AI stock surges, Bitcoin's climb to $73,400 sparks talks of a buy signal over $72,500.
The post Bitcoin Price Prediction: Rally to $73,400 Amid AI Boom, Buy Signal Above $72,500? appeared first on Cryptonews
South Africa’s Regulator Approves 59 Crypto Licences: Report
14.3.2024
South Africa's regulator Financial Sector Conduct Authority (FSCA) has approved 59 operating licenses for cryptocurrency exchanges, according to a Reuters report citing an official from the regulatory body.
The post South Africa’s Regulator Approves 59 Crypto Licences: Report appeared first...
Bitcoin Price Growth Could Continue, Says South Korean Analyst
14.3.2024
Bitcoin price growth could continue, a South Korean crypto analyst has predicted, as “crypto fever” slowly takes hold in the nation.
The post Bitcoin Price Growth Could Continue, Says South Korean Analyst appeared first on Cryptonews