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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.
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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.
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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:...
Bitcoin Price Prediction: Trump’s $5M Crypto Push; BTC at $51,500 Amid Market Watch
26.2.2024
Donald Trump's dive into cryptocurrencies boosts his portfolio to $5M, spotlighting the impact on Bitcoin's market dynamics as BTC hovers around $51,500 amid investor watch.
The post Bitcoin Price Prediction: Trump’s $5M Crypto Push; BTC at $51,500 Amid Market Watch appeared first...
Australian Vanishes After Receiving Half a Million Dollars in Crypto Account Error: Report
26.2.2024
An Australian man has vanished after allegedly pocketing about half a million dollars when cryptocurrency trading platform Rhino Trading Pty Ltd accidentally added an extra zero to his account, according to an ABC report.
The post Australian Vanishes After Receiving Half a Million Dollars...
Brokerage Oanda to Launch Crypto Trading in the UK: Report
26.2.2024
Brokerage firm OANDA is launching crypto trading in the UK and will be based in London, and the new business will be dubbed, “OANDA Crypto."
The post Brokerage Oanda to Launch Crypto Trading in the UK: Report appeared first on Cryptonews
$30 Billion RIA Platform Carson Group Approves Only 4 Bitcoin ETFs
26.2.2024
With $30 billion in assets, Carson Group narrows down spot Bitcoin ETF options to four, focusing on high-performing funds from BlackRock, Fidelity, Bitwise, and Franklin Templeton.
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Bitcoin Price Prediction: Legal Victory & Regulatory Clarity Push; Next Target $55,000?
25.2.2024
Bitcoin's resilience shines as it eyes $55,000 amidst legal victories and calls for regulatory clarity—setting a cautiously optimistic outlook.
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Alternative Ways for Coinbase Commerce to Support Native Bitcoin Payments
24.2.2024
Coinbase recently announced that it would be removing support for native Bitcoin (BTC) payments across its payment platform for merchants, Coinbase Commerce. The company’s head of product, Lauren Dowling, stated on her X account on February 18 that “customers were struggling with operational...
Public Input Sought by SEC on Bitwise, Grayscale Bitcoin ETF Options
24.2.2024
The SEC has opened the floor for public comments regarding a proposed rule change that would allow the listing and trading of options for Bitcoin exchange-traded funds (ETFs).
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