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Bernstein Doubles Down On $150k Bitcoin Prediction, Says Miners Are A Strong Buy
12.3.2024
Bernstein analysts maintain their bullish stance on Bitcoin, predicting a $150K price target amidst strong ETF performance. The firm believes Bitcoin miners offer major equity-based leverage as the halving event approaches.
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Sweden’s Central Bank Chief Cautions Against Bitcoin Integration Due to Speculative Nature
12.3.2024
Sweden's Central Bank Governor, Erik Thedeen, advocates for minimal Bitcoin adoption within the nation's financial system. He emphasizes concerns about Bitcoin's speculative valuation and potential investor losses.
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Bitcoin Developers Forge Alliance to Standardize BRC-20 Tokens Amid Rising Popularity
12.3.2024
A coalition of Bitcoin developers have rallied to govern the BRC-20 fungible token standard as the Ordinals protocol surges in popularity. The coalition, which calls itself the Layer 1 Foundation, announced its new BRC-20 governance structure in a lengthy tweet on X on Monday. The Layer...
VanEck reduces Spot Bitcoin ETF fee till March 2025
12.3.2024
VanEck, a sought-after American investment management company headquartered in New York City, recently announced the reduction of spot Bitcoin ETF fees, allowing users to invest in VanEck Bitcoin Trust for HODL until 31 March 2025. The period will commence on 12th March, and the Sponsor will...
Biden administration considering 30% tax on Bitcoin mining
12.3.2024
The Biden administration is considering a 30% excise tax to be levied on bitcoin mining, owing to the industry’s rising energy usage. The other factor is the rise in energy costs for those sharing an electric grid with miners of digital assets. Added to that is the damage to the environment....
Bitcoin ETF Inflows Could Trigger a ‘Sell-Side Liquidity Crisis,’ Warns CryptoQuant
12.3.2024
Institutional inflows into spot Bitcoin (BTC) ETFs could lead to a "sell-side liquidity crisis" by September, according to industry analyst Ki Young Ju, CEO of on-chain analytics platform CryptoQuant.
The post Bitcoin ETF Inflows Could Trigger a ‘Sell-Side Liquidity Crisis,’ Warns...
Impact of Bitcoin halving and Spot Bitcoin ETFs on crypto market
12.3.2024
The crypto market is rejoicing in a bull rally, with multiple factors accounting for the run. The long-running market slum ended with US Bitcoin ETFs getting approval from the SEC. With Bitcoin set to conduct its halving in 2024, the market is brimming with positive outlooks. The programmed event...
Poland’s Regulator Gets Authority to Block Crypto Access Ahead of MiCA Bill
12.3.2024
The new authority will enable KNF to independently block crypto accounts for 96 hours if any suspension arises.
The post Poland’s Regulator Gets Authority to Block Crypto Access Ahead of MiCA Bill appeared first on Cryptonews
Bitcoin soars above $70,000: Should new investors jump in?
12.3.2024
Bitcoin has achieved its ATH by surpassing the milestone of $70,000. To be more specific, BTC is listed at $71,926.44, with a surge of 4.89% in the last 24 hours at the time of articulating this piece. The rise comes almost two months after the US Securities and Exchange Commission approved 11...
Bitcoin hits an all-time high, along with crypto market liquidity
12.3.2024
Bitcoin recently made history after breaching the $70,000 mark. The crypto leader continued this rally to hit its all-time high of $72,850.71. At the same time, the crypto market liquidity has also surpassed its all-time high. Stablecoin supply represents liquidity in the crypto industry, and it’s...
Thailand SEC Clears Path for Accredited Investors to Dive Into US Bitcoin ETFs
12.3.2024
Thailand's securities regulator has greenlit asset management firms to introduce private funds tailored to invest in Spot Bitcoin ETFs. Access to these funds will be restricted to institutional investors and individuals with ultra high net-worth.
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Bitcoin Price Prediction Surges to $72,000 Amid Fed Rate Cut Hopes & Trump’s Support
12.3.2024
Bitcoin's surge to $72,000, fueled by Fed rate cut hopes and Donald Trump's nod, signals a bullish future amid growing institutional interest and regulatory support.
The post Bitcoin Price Prediction Surges to $72,000 Amid Fed Rate Cut Hopes & Trump’s Support appeared first on Cryptonews
VanEck Slashes Bitcoin ETF Fees to Zero
12.3.2024
VanEck has slashed its fees for the HODL exchange-traded fund (ETF), the VanEck Bitcoin Trust down to Zero until March 31.
The post VanEck Slashes Bitcoin ETF Fees to Zero appeared first on Cryptonews
Michael Saylor Says Bitcoin Is Not Currency – But Still Plans To HODL For 100 Years
12.3.2024
MicroStrategy CEO Michael Saylor – whose company now owns 205,000 Bitcoin (BTC) – says people should buy and HODL their coins 100 years.
The post Michael Saylor Says Bitcoin Is Not Currency – But Still Plans To HODL For 100 Years appeared first on Cryptonews
Bitcoin Asset Protocol BRC-20 Enhances Governance with New Maintainers
11.3.2024
The BRC-20 protocol, a well-known standard for creating tokens on the Bitcoin blockchain, underwent a major overhaul in its governance structure. This strategic move aims to foster a more decentralized and collaborative future for the protocol.
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Bitcoin Price Prediction as BlackRock’s Spot ETF Holdings Surpass MicroStrategy – Are Institutional Investors Here?
11.3.2024
As BlackRock's Bitcoin ETF overtakes MicroStrategy, signaling a seismic shift in institutional investment, Bitcoin's price trajectory hints at an exciting future in the crypto realm.
The post Bitcoin Price Prediction as BlackRock’s Spot ETF Holdings Surpass MicroStrategy – Are Institutional...
Trump Flips Stance on Bitcoin: “I’m Not Sure If I’d Want to Take it Away At This Point”
11.3.2024
Republican presidential frontrunner Donald Trump took to CNBC Monday to reveal he is unsure whether he would want to get rid of bitcoin despite chastizing it in the past, going so far as to say he has “fun” with the cryptocurrency. Trump's comments come amidst a promising bitcoin rally, with...
Cathie Wood: ARK Invest Forecasts Bitcoin Price to Surpass $1 Million Sooner than Expected
11.3.2024
Crypto friendly American asset manager Ark Invest sees Bitcoin’s price hitting $1 million before 2030, according to CEO Cathie Wood in a recent interview with the New Zealand Herald. Hard-talking Bitcoin maxi Wood already eyed a projection of $1.5 million earlier this year in an interview...
Billionaire Michael Saylor Sells $800 Million Convertible Notes to Buy More Bitcoin
11.3.2024
MicroStrategy’s billionaire executive chairman, founder and former CEO Michael Saylor has just sold $800 million in convertible senior notes to add to his company’s ~ $13 billion Bitcoin war chest. Saylor made the announcement in a tweet on his X profile. MicroStrategy Completes $800...
London’s Richest Tenants Are Paying Rents in Bitcoin : Here’s What You Need to Know
11.3.2024
UK's luxury property firm Knightsbridge Prime Property has completed a £45,000 a week rental transaction in Bitcoin.
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