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Bitcoin Price Crosses $59,000 Amid Wider Crypto Rally
28.2.2024
The price of Bitcoin (BTC) has crossed the $59,000 mark amid a notable rally within the broader cryptocurrency market.
The post Bitcoin Price Crosses $59,000 Amid Wider Crypto Rally appeared first on Cryptonews
Bitcoin Price Prediction: BTC Eyes $60,000 Amid Market Optimism and Halving Event
28.2.2024
Bitcoin's surge to $57,250 signals market optimism as it approaches a pivotal halving event, with predictions pointing towards a potential leap to $60,000.
The post Bitcoin Price Prediction: BTC Eyes $60,000 Amid Market Optimism and Halving Event appeared first on Cryptonews
How athletes are driving mainstream adoption of Bitcoin?
28.2.2024
Bitcoin has exploded in popularity over the past few years, going from an obscure cryptocurrency to a mainstream financial asset class. While the average person may struggle to understand Bitcoin and its underlying blockchain technology, high-profile athletes have driven broader public awareness...
BlackRock’s Bitcoin ETF Breaks Personal Record With $1.3B Volume: Bloomberg Intelligence
28.2.2024
BlackRock’s spot Bitcoin exchange-traded fund (ETF) trading under the ticker symbol “IBIT” broke its personal record on Tuesday attracting $1.3 billion record daily volume, according to Eric Balchunas from Bloomberg Intelligence.
The post BlackRock’s Bitcoin ETF Breaks Personal Record With $1.3B...
Nearly All Bitcoin Holders Are Now In Profit, Blockchain Data Shows
27.2.2024
With Bitcoin (BTC)’s price quickly re-approaching its all-time high, almost all holders of the digital currency are back in the black.
The post Nearly All Bitcoin Holders Are Now In Profit, Blockchain Data Shows appeared first on Cryptonews
Bitcoin ETFs Absorb $520 Million As Grayscale Outflows Reach New Low
27.2.2024
Bitcoin ETFs experienced $520 million of net inflows on Monday – one of their top five best-performing days since launching on January 11.
The post Bitcoin ETFs Absorb $520 Million As Grayscale Outflows Reach New Low appeared first on Cryptonews
Bitcoin Price Prediction as BTC Reaches Highest Level Since December 2021 – $250,000 BTC Incoming?
27.2.2024
As Bitcoin soars past December 2021 peaks, whispers of a $250,000 milestone grow louder. Can the digital titan breach this epic threshold?
The post Bitcoin Price Prediction as BTC Reaches Highest Level Since December 2021 – $250,000 BTC Incoming? appeared first on Cryptonews
Bloomberg Data: Grayscale Bitcoin Trust (GBTC) Saw $7.4 Billion in Outflows over First 31 Trading Days
27.2.2024
The Grayscale Bitcoin Trust (GBTC), the world's largest Bitcoin exchange-traded fund (ETF), has seen continued outflows for an entire month.
The post Bloomberg Data: Grayscale Bitcoin Trust (GBTC) Saw $7.4 Billion in Outflows over First 31 Trading Days appeared first on Cryptonews
Peter Brandt raises his projection for the Bitcoin price to $200k
27.2.2024
Peter Brandt, a notable trader in the crypto sphere, raised his projection for the value of Bitcoin tokens. Brandt expects the bull market cycle to last until August/September next year, that is, 2025. The earlier projection had a value of $120,000. He raised that to $200,000. Irrespective of...
Bitcoin miners look to go through the next Difficulty Adjustment
27.2.2024
Bitcoin Miners are looking at the potential decrease in difficulty. It is anticipated that the next adjustment will happen on February 29, 2024. The initial was on January 20, 2024, with a drop of 3.9% at the block height of 826,560. Increases in prior and subsequent adjustments have been 1.65%...
Veteran Trader Peter Brandt Raises Bitcoin Price Target to $200,000 Following Bullish Breakout
27.2.2024
Renowned commodities trader and chart analyst Peter Brandt has revised his September 2025 price target for Bitcoin, increasing it from $120,000 to $200,000.
The post Veteran Trader Peter Brandt Raises Bitcoin Price Target to $200,000 Following Bullish Breakout appeared first on Cryptonews
Bitcoin reaches a 2-year high value of $57,000
27.2.2024
Markets closing on February 26, 2024, showed the value of BTC above $57,000. That marked the highest in the last two years. More specifically, BTC was last at that level in November 2021. However, the rally lasted for a little while before dropping to $56,000. Experts said that the rise is driven...
Comedian Trevor Noah Regrets Not Investing in Bitcoin Early
27.2.2024
South African comedian and entertainer Trevor Noah has expressed regret over not investing in Bitcoin (BTC) during its early days when it was practically "worth nothing."
The post Comedian Trevor Noah Regrets Not Investing in Bitcoin Early appeared first on Cryptonews
Bitcoin Price Prediction Eyes $60K: ETFs & Institutional Buys Lead Surge
27.2.2024
Bitcoin set to march towards $60K, fueled by ETF approvals and heavyweight institutional investments, signals a bullish era for the leading cryptocurrency
The post Bitcoin Price Prediction Eyes $60K: ETFs & Institutional Buys Lead Surge appeared first on Cryptonews
Hong Kong-Based HTX, Formerly Huobi, Withdraws Crypto Exchange Application
27.2.2024
Hong Kong-based cryptocurrency exchange HTX, formerly known as Huobi Global, withdrew its application for a license on February 23, according to a filing posted on the Securities and Futures Commission website.
The post Hong Kong-Based HTX, Formerly Huobi, Withdraws Crypto Exchange Application...
Over $268 Million Shorts Liquidated as Bitcoin Price Briefly Tops $57,000
27.2.2024
Bitcoin price rallied over 10% to soar above $57,000 for the first time since November 2021, resulting in total shorts positions to bleed over $268 million in the last 24hrs, including $158 million in bitcoin shorts.
The post Over $268 Million Shorts Liquidated as Bitcoin Price Briefly Tops $57,000...
US Bitcoin ETF Trading Hits Daily Record at $2.4B, BlackRock Leads: Bloomberg Intelligence
27.2.2024
The newly launched nine Bitcoin exchange-traded funds in the U.S. have broken an all-time daily record in volume, taking in $2.4 billion which is about double their recent daily average, according to Eric Balchunas from Bloomberg Intelligence.
The post US Bitcoin ETF Trading Hits Daily Record...
MicroStrategy’s Michael Saylor Purchases a Further 3,000 Bitcoin for $155 Million
26.2.2024
Billionaire Michael Saylor and his company, MicroStrategy, continue investing heavily in Bitcoin, adding another 3,000 coins for $155 million. As economic conditions continue to evolve, what does this mean for the future of Bitcoin and overall crypto markets?
The post MicroStrategy’s Michael...
GBTC Records Lowest Daily Outflows Since ETF Conversion
26.2.2024
Grayscale’s flagship Bitcoin Trust GBTC has just recorded the lowest daily outflows since it converted to an ETF. According to data posted on X by the research arm of crypto exchange BitMEX, GBTC’s outflow on February 23 was just $44.2 million. Bitcoin ETF Flow – 24 Feb 2024...
US Trading Hours Drive 12% of Bitcoin’s 23% Monthly Gain: Matrixport
26.2.2024
The price of the leading cryptocurrency Bitcoin surged over 23% this month, crossing the $52,000 mark for the first time since December 2021. 12% of the surge came during US trading hours, as per a report by Matrixport.
The post US Trading Hours Drive 12% of Bitcoin’s 23% Monthly Gain:...