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Bitcoin reaches a 2-year high value of $57,000


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


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

Hong Kong-Based HTX, Formerly Huobi, Withdraws Crypto Exchange Application


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


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...

GBTC Records Lowest Daily Outflows Since ETF Conversion


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


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:...

Brokerage Oanda to Launch Crypto Trading in the UK: Report


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


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. The post $30 Billion RIA Platform Carson Group Approves Only 4 Bitcoin ETFs appeared first on Cryptonews

Alternative Ways for Coinbase Commerce to Support Native Bitcoin Payments


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


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). The post Public Input Sought by SEC on Bitwise, Grayscale Bitcoin ETF Options appeared first on Cryptonews

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