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Crypto Cashback Programs Mature to Drive Accessibility and Financial Inclusion
23.2.2024
A recent report published by Bitcoin financial services provider Unchained found that 55% of 400 U.S. investors surveyed own Bitcoin. Findings further note that 34% of those surveyed think Bitcoin will be the best-performing asset in 2024 in comparison to gold, the S&P 500,...
Donald Trump: Bitcoin Has a ‘Life Of Its Own’, Reverses Stance On Crypto
23.2.2024
Former United States President Donald Trump said that Bitcoin (BTC) has taken a life of its own while attracting more daily users.
The post Donald Trump: Bitcoin Has a ‘Life Of Its Own’, Reverses Stance On Crypto appeared first on Cryptonews
Bitcoin Price Prediction as Reddit Adds BTC and ETH to Balance Sheet – Crypto Adoption Rising?
23.2.2024
Reddit's strategic investment in Bitcoin and Ethereum highlights growing mainstream acceptance, sparking interest in the future of cryptocurrencies.
The post Bitcoin Price Prediction as Reddit Adds BTC and ETH to Balance Sheet – Crypto Adoption Rising? appeared first on Cryptonews
Reddit files IPO, names Bitcoin and Ether holdings
23.2.2024
Reddit submitted an application for an IPO with the US Securities and Exchange Commission. It revealed that Reddit has substantial holdings in Bitcoin and Ether. Also, Reddit invested in Ether and Polygon as a form of payment for sales of certain virtual goods. Reddit’s IPO filing is part...
European Central Bank criticizes the US SEC’s Bitcoin ETF approval
23.2.2024
Long story short, the European Central Bank remains wary, if not a supporter, of Bitcoin, despite the US SEC’s recent approval of the Spot Bitcoin ETF applications. This is based on a blog post by Ulrich Bindseil and Jürgen Schaaf, who advocate for ETF approval for Bitcoin, the naked...
Fidelity Director: Bitcoin Market Cap Could Reach $6 Trillion, a Quarter of ‘Monetary Gold’ Market
23.2.2024
Fidelity's Director of Global Macro Jurrien Timmer has suggested that Bitcoin (BTC) has the potential to achieve a market value equivalent to a quarter of the "monetary gold" market, reaching an impressive $6 trillion.
The post Fidelity Director: Bitcoin Market Cap Could Reach $6 Trillion,...
Bitcoin Mining Not A Threat to Public Safety – Rep Emmer Criticizes OMB’s Abuse of Power
23.2.2024
United States lawmaker Tom Emmer has criticized the Office of Management and Budget’s (OMB) decision to approve the Energy Information Administration (EIA) request to collect data on Bitcoin (BTC) mining firms.
The post Bitcoin Mining Not A Threat to Public Safety – Rep Emmer Criticizes...
Jack Dorsey-Led Block Witness High Profits on Bitcoin Sales Via Cash App
23.2.2024
Block payments platform earned $66 million from selling Bitcoin through Cash App, the firm’s recent Q4 2023 earnings report noted.
The post Jack Dorsey-Led Block Witness High Profits on Bitcoin Sales Via Cash App appeared first on Cryptonews
Matrixport Report: Bitcoin’s Target of $63,000 by March 2024 is Achievable
23.2.2024
Matrixport identified four key catalysts that could propel Bitcoin's Price to $63,000 in March, including the recent approval of spot Bitcoin ETFs, the upcoming halving event, and interest rate cuts.
The post Matrixport Report: Bitcoin’s Target of $63,000 by March 2024 is Achievable appeared...
Bitcoin Mining Firm Riot Rakes in Record $281M in Revenues in 2023, Producing 6,626 BTC
23.2.2024
Bitcoin mining firm Riot Platforms has achieved record-breaking results in 2023, with total revenues reaching an all-time high of $281 million.
The post Bitcoin Mining Firm Riot Rakes in Record $281M in Revenues in 2023, Producing 6,626 BTC appeared first on Cryptonews
Texas Blockchain Council, Riot Platforms Sue EIA Over Sensitive Bitcoin Mining Data Order
23.2.2024
The Texas Blockchain Council and crypto miner Riot Platforms sued the US Energy Information Administration on Wednesday, accusing the agency of making unlawful data collection demands from the Bitcoin mining sector.
The post Texas Blockchain Council, Riot Platforms Sue EIA Over Sensitive Bitcoin...
Bitcoin Price Prediction as BTC Steady Over $51,000 After NVIDIA Earnings Report – New Rally Starting?
23.2.2024
NVIDIA's earnings surge breathes new life into Bitcoin's price prediction talks, as the tech titan's record revenue hints at a bullish horizon for BTC.
The post Bitcoin Price Prediction as BTC Steady Over $51,000 After NVIDIA Earnings Report – New Rally Starting? appeared first on Cryptonews
Bitcoin ETFs Return To Outflows Amid GBTC Sale Revival
22.2.2024
Bitcoin ETFs had their first day of net negative outflows for the month of February on Tuesday – a possible sign that hype around the investment vehicles is starting to die down.
The post Bitcoin ETFs Return To Outflows Amid GBTC Sale Revival appeared first on Cryptonews
Valkyrie Expands Bitcoin Offerings with the Launch of 2x Leveraged Bitcoin Futures ETF
22.2.2024
Valkyrie expands its Bitcoin investment offerings with the launch of a 2x Leveraged Bitcoin Futures ETF. This new ETF tracks the S&P CME Bitcoin Futures Index, seeking to double the daily performance and providing investors with a tool for capitalizing on Bitcoin's volatility. The fund...
Meltem Demirors in Coinshares Reshuffle, No Longer on Executive Committee
22.2.2024
Meltem Demirors, the former chief strategy officer of CoinShares, was part of a reshuffle at the firm and is no longer on the executive committee.
The post Meltem Demirors in Coinshares Reshuffle, No Longer on Executive Committee appeared first on Cryptonews
Bitcoin outlook 2024: Trends, challenges, and potential outcomes
22.2.2024
Bitcoin made its grand debut in 2009 and reshaped the world of global finance, which has been evidenced by reaching milestones in 2017 when its value surged. Increasingly integrated into payment systems and into mainstream investments, Bitcoin has reached broader acceptance from all types...
ECB Says ETF Approval Does Not Change Bitcoin’s Unsuitability as Payment or Investment
22.2.2024
The European Central Bank (ECB) has reiterated its position on Bitcoin (BTC), stating that the approval of spot ETFs for the cryptocurrency does not change its unsuitability as a means of payment or investment.
The post ECB Says ETF Approval Does Not Change Bitcoin’s Unsuitability as Payment...
Bitcoin Whale Addresses Surge Following Spot ETF Approval: CryptoQuant
22.2.2024
Bitcoin (BTC) has recorded massive growth in price amid institutional inflows this year following spot ETF approval by the United States Securities and Exchange Commission (SEC).
The post Bitcoin Whale Addresses Surge Following Spot ETF Approval: CryptoQuant appeared first on Cryptonews
Bitcoin Price Prediction: $51,400 Dip Amid Senate Regulation Standstill & Global Trends; What’s Next?
22.2.2024
Amid a slight dip to $51,400, Bitcoin's future teeters on global trends and a stalled Senate, sparking intense speculation on its next big move.
The post Bitcoin Price Prediction: $51,400 Dip Amid Senate Regulation Standstill & Global Trends; What’s Next? appeared first on Cryptonews
Tom Lee Predicts Bitcoin’s Price Will Hit $150,000 By End Of 2024
21.2.2024
Fundstrat analyst Tom Lee believes Bitcoin (BTC)’s price could reach $150,000 by the end of the year, rising 3X from its current value.
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