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Bitcoin Price Prediction: Surge to $52,250 Amid Coinbase Shift & VC Funding Boost; BTC to Target $55,000?
19.2.2024
In the During the Asian session, Bitcoin is trading near $52,250, marking a modest increase of approximately 0.50% on Monday, the cryptocurrency landscape is undergoing significant shifts. Notably, Coinbase’s recent decision to halt native Bitcoin payments for merchants, opting instead for...
Bitcoin Price Prediction as BTC Bounces From $50,000 Level – Is Another Sell-Off Coming?
18.2.2024
Bitcoin Price Prediction In the wake of Bitcoin’s price dip to the $50,000 mark, the cryptocurrency community is keenly observing its recovery to $51,500, albeit with a near 1% decrease. Amidst this scenario, investors and analysts are scrutinizing the digital currency’s resilience...
Bitwise Chief Investment Officer Foresees Bitcoin Price Surpassing $80,000 Amid ETF Boom
18.2.2024
The price of Bitcoin (BTC) is expected to soar beyond $80,000 this year thanks to the recent success of exchange-traded funds (ETFs), according to Bitwise Chief Investment Officer Matt Hougan. The approval of Bitcoin ETFs has shattered records and triggered an influx of funds into...
Bitcoin Price Prediction as BTC Market Cap Surpasses $1 Trillion – Can Bitcoin Overtake Gold?
17.2.2024
Bitcoin Price Prediction Bitcoin’s market capitalization crossing the $1 trillion threshold represents a pivotal moment in its challenge against traditional assets like gold. As Bitcoin price prediction becomes a hot topic among investors, the digital currency’s recent fluctuation...
Bitcoin ETFs Gobble Another $477 Million Despite Rising GBTC Sales
16.2.2024
Bitcoin spot ETFs in the United States absorbed another $477 million in net flows on Thursday, maintaining record growth despite a revival of outflows from the Grayscale Bitcoin Trust (GBTC). Data compiled from BitMEX Research shows that Bitcoin ETFs have absorbed over $400 million of flows...
Bitcoin Price Prediction as Michael Saylor’s BTC Holdings Reach $10 Billion – Will He Sell?
16.2.2024
MicroStrategy’s Bitcoin investment has soared beyond the $10 billion mark, owning over 190,000 BTC as Bitcoin’s value climbs past $50,000. This achievement underscores MicroStrategy’s confidence in Bitcoin’s long-term prospects and its utility as an inflation hedge. Since...
U.S. Banks Push SEC For Key Changes In Crypto Regulation Following Spot-Bitcoin ETF Exclusion
16.2.2024
U.S. Banks are pushing for the United States Securities and Exchange Commission (SEC) to change its controversial Staff Accounting Bulletin 121 (SAB 121) after they were excluded from serving as asset custodians for spot-Bitcoin exchange-traded funds (ETFs), according to a February 14th letter from...
Bitcoin Should Remain Well-Supported On Institutional Inflows For Several Months: Coinbase Research
16.2.2024
Coinbase research analysts project adequate support for Bitcoin (BTC) in the market for the next three to six months due to institutional inflows. The institutional research arm of the digital asset exchange explained the trajectory of Bitcoin, Ethereum, and other on-chain data post-ETF approvals...
Bitcoin Price Below $80,000 At Halving Could Trigger Miner Losses – Fidelity
16.2.2024
Fidelity Digital Assets speculates losses for some miners if the Bitcoin price remains under $80,000 after the upcoming halving in April. The company released its 2024 market outlook, highlighting the growth recorded so far in Bitcoin, the state of miners, and possible perspectives for the near...
Jupiter’s Compliance Team Blocks Crypto ETP Investment: Report
16.2.2024
Jupiter Asset Management’s compliance team blocked its team from having any exposure to a cryptocurrency exchange-traded product (ETP) in one of its Irish UCITs funds, according to a Financial Times report. The reason for blocking investment was due to, “divergent regulatory approaches in the EU.”...
Bitcoin Price Prediction Rallies as Coinbase Profits Soar, ETFs Drive $1T Market
16.2.2024
Bitcoin price prediction continues to be bullish amid Coinbase Global’s revelation of its first quarterly profit in two years, buoyed by the SEC’s approval of Bitcoin ETFs, underscores a significant moment for the cryptocurrency market. This development, alongside a 57% surge...
VanEck Slashes Bitcoin ETF Fees Down to 0.20% in Competitive Market
16.2.2024
VanEck has slashed its fees for the HODL exchange-traded fund (ETF), the VanEck Bitcoin Trust down to 0.20% from 0.25% according to a recent filing submitted to the Securities and Exchange Commission. Nearly a dozen Bitcoin ETFs are competing for investor attention in a saturated market. BlackRock...
Bitcoin Price Holds Above $52,000 As Pre-Halving Rally Intensifies
16.2.2024
Bitcoin’s recent price surge past $52,000 has sparked speculation about a pre-halving rally, a historical trend associated with the upcoming reduction in mining rewards. Analyst Jag Kooner, Head of Derivatives at Bitfinex, believes the current market movement aligns with such a rally...
Bitcoin Price Prediction as BTC Pumps 20% in 7 Days – Time to Buy Bitcoin?
15.2.2024
Bitcoin Price Prediction In a week marked by a 20% surge in Bitcoin’s price, BTC currently trades around $52,000, demonstrating modest growth and maintaining its position as the market leader with a valuation exceeding $1 trillion. This period of slight growth amidst a volume of $37.66...
Bitcoin ETFs May Hurt Coinbase’s Bottom Line In 2024: Analyst
15.2.2024
Senior Researcher at Leverage Shares, Sandeep Rao, believes that Coinbase’s dominant market position as “the dominant venue for all things crypto” faces a new challenge. In a recent interview with Cryptonews, Rao warned that the company’s medium-to-long-term performance could suffer...
Bitwise Bitcoin ETF transitions to native SegWit
15.2.2024
Bitwise took to X to share the news that it is transitioning its Bitcoin address from P2PKH to native SegWit P2WPKH. The aim is to adopt new technology and offer an enhanced experience to investors and the entire crypto sphere. The most has been defined as power play, for it reduces the cost...
BlackRock’s daily volume for BTC ETF peaks at $720 million
15.2.2024
BlackRock is expected to close the market at a total volume of $5 billion. The predicted estimate is based on the number for February 14, 2024, when IBIT—that is, iShares Bitcoin Trust—bagged a daily volume worth $720 million. That is the highest figure since the time of the launch of IBIT....
Bitcoin Price Prediction: BTC Hits $52,000; Surges with ETF Inflows & Coinbase’s Q4 Optimism
15.2.2024
Recently, Bitcoin surged past the $52,000 mark, a significant milestone that not only underscores its growing appeal but also highlights the robust inflows into U.S. spot Bitcoin exchange-traded funds (ETFs). This surge, coupled with a bullish sentiment from anticipated strong Q4 results from...
Bitcoin to Hit 90k Before End of 2024, Says Russian Crypto Industry Chief
15.2.2024
Bitcoin will hit the $90k mark before the end of 2024, the head of a Russian crypto industry body claimed this week. The comments came from the President of the Russian Association of Cryptocurrency and Blockchain (RACIB) Yuri Pripachkin, the Russian-language media outlet CoinSpot reported....
Bitcoin Ransomware Takes Down 100 Romanian Hospitals Offline, Hackers Demand 3.5BTC
15.2.2024
More than 100 hospitals in Romania were affected by a crypto ransomware attack on Tuesday, the National Cyber Security Directorate (DNSC) confirmed. The unidentified perpetrators have demanded 3.5 Bitcoin (BTC), or about $180,000, to decrypt the data. The ransomware took down over 100 hospitals...