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Bitcoin soars above $70,000: Should new investors jump in?
12.3.2024
Bitcoin has achieved its ATH by surpassing the milestone of $70,000. To be more specific, BTC is listed at $71,926.44, with a surge of 4.89% in the last 24 hours at the time of articulating this piece. The rise comes almost two months after the US Securities and Exchange Commission approved 11...
DOGE, SHIB Rally Eases as Bitcoin Bullishness Remains 'Elevated'
12.3.2024
Bitcoin ETF inflows could lead to a “sell-side” crisis in the coming months, one market observer said
El Salvador Is Sitting on $84M Profit From Its Bitcoin Holdings
12.3.2024
President Nayib Bukele said in an X post that the Central American nation is earning bitcoin revenue from four different avenues
Tim Draper Expects Bitcoin to Transform El Salvador Into One of the Richest Countries in the World
12.3.2024
Tim Draper, a venture capitalist famous for his bitcoin price predictions, has praised El Salvador’s vision of embracing this new technology and talked about the benefits of this decision for its people. According to Draper, bitcoin will make El Salvador one of the richest countries in...
Bitcoin hits an all-time high, along with crypto market liquidity
12.3.2024
Bitcoin recently made history after breaching the $70,000 mark. The crypto leader continued this rally to hit its all-time high of $72,850.71. At the same time, the crypto market liquidity has also surpassed its all-time high. Stablecoin supply represents liquidity in the crypto industry, and it’s...
Thailand SEC Clears Path for Accredited Investors to Dive Into US Bitcoin ETFs
12.3.2024
Thailand's securities regulator has greenlit asset management firms to introduce private funds tailored to invest in Spot Bitcoin ETFs. Access to these funds will be restricted to institutional investors and individuals with ultra high net-worth.
The post Thailand SEC Clears Path for Accredited...
El Salvador’s Bitcoin Investment Strategy Proves Lucrative as Profits Surge by 70%
12.3.2024
El Salvador's Bitcoin (BTC) investment strategy is paying off handsomely, with the country now enjoying a remarkable 70% profit on its dollar-cost average purchase price.
The post El Salvador’s Bitcoin Investment Strategy Proves Lucrative as Profits Surge by 70% appeared first on Cryptonews
Bitcoin soars towards all-time highs, accompanied by a $12M in Bitcoin Minetrix ICO
12.3.2024
The crypto market runs wild with excitement as the titan, Bitcoin, is approaching its all-time high of $70,000. Earlier in March 2024, this asset breached its 2021 high of $68,600 before correcting with a $10,000 red candle. This dominant coin is currently trending between $68,000 and $70,000...
Bitcoin Price Prediction Surges to $72,000 Amid Fed Rate Cut Hopes & Trump’s Support
12.3.2024
Bitcoin's surge to $72,000, fueled by Fed rate cut hopes and Donald Trump's nod, signals a bullish future amid growing institutional interest and regulatory support.
The post Bitcoin Price Prediction Surges to $72,000 Amid Fed Rate Cut Hopes & Trump’s Support appeared first on Cryptonews
Solana Co-Founder Anatoly Yakovenko Thinks Crypto Has a Shot at Disrupting the App Store Duopoly
12.3.2024
Anatoly Yakovenko, co-founder of Solana Labs, believes that crypto can have a shot at disrupting Google’s and Apple’s app store duopoly. He criticized the state of the software distribution on mobile devices, lamenting that the two stores collected over 30% of all earnings just...
This Bitcoin Bull Run Is Breeding Millionaire Whales at Slower Pace, Data Show
12.3.2024
Currently, less than 2,000 millionaires, or wallets with $1 million worth of bitcoin, are created daily. That's significantly lower than the 2020-21 bull run
Bitcoin’s Record High Above $72K Signals Strong Crypto Market Rebound
12.3.2024
Bitcoin hit an all-time high on Monday, contributing to the rapid rebound of the cryptocurrency market. The largest crypto by market cap surged to as much as $72,710.
The post Bitcoin’s Record High Above $72K Signals Strong Crypto Market Rebound appeared first on Cryptonews
VanEck Slashes Bitcoin ETF Fees to Zero
12.3.2024
VanEck has slashed its fees for the HODL exchange-traded fund (ETF), the VanEck Bitcoin Trust down to Zero until March 31.
The post VanEck Slashes Bitcoin ETF Fees to Zero appeared first on Cryptonews
JPMorgan CEO Jamie Dimon Says He ‘Won’t Personally Ever’ Buy Bitcoin
12.3.2024
The chief executive of JPMorgan Chase, Jamie Dimon, has doubled down on his anti-crypto stance, declaring that he will never personally buy bitcoin. His investment bank, however, is an authorized participant for Blackrock’s spot bitcoin exchange-traded fund (ETF). Despite his personal...
Donald Trump Calls BTC ‘an Additional Form of Currency’ — Says ‘I Sometimes Will Let People Pay Through Bitcoin’
12.3.2024
Former U.S. President Donald Trump says bitcoin is an “additional form of currency,” emphasizing that the crypto has taken on a life of its own. He also lets people pay for his merchandise with cryptocurrencies. “There has been a lot of use of that, and I’m not sure that...
Michael Saylor Says Bitcoin Is Not Currency – But Still Plans To HODL For 100 Years
12.3.2024
MicroStrategy CEO Michael Saylor – whose company now owns 205,000 Bitcoin (BTC) – says people should buy and HODL their coins 100 years.
The post Michael Saylor Says Bitcoin Is Not Currency – But Still Plans To HODL For 100 Years appeared first on Cryptonews
UK Watchdog Says It Will Not Object to Crypto ETN Listing Requests
12.3.2024
The United Kingdom’s Financial Conduct Authority has said it will not object to requests by recognised investment exchanges to launch crypto-backed exchange-traded notes. The exchange-traded notes will only be made available to professional investors such as regulated investment firms. ETNs...
Top Crypto Gainers Today on DEX Screener – OPC, Husky, CETI
11.3.2024
As Bitcoin (BTC) pushed towards $73,000 on Monday and Ether (ETH) above $4,000, the crypto market rally broadened in favor of recent laggards, with the likes of XRP (XRP) and Litecoin (LTC) experiencing notable pumps--though these coins were far from the top crypto gainers today.
The post...
Arbitrum Proposal to Fund Tornado Cash Developers Defense Withdrawn
11.3.2024
A proposal aiming to contribute to funding the legal defense of the developers of Tornado Cash, the Ethereum-based mixing platform, was removed by the Arbitrum community over apparent legal concerns. Devansh Mehta, lead of the working group of the Arbitrum treasury, criticized the move, stating...
Despite Crypto Uptick, Paypal’s PYUSD Stays Quiet in the Top Ten Stablecoin Race
11.3.2024
In the last day, the global trading volume has hit $203 billion, with stablecoins accounting for an impressive $133 billion of that total. Among the array of stablecoin assets tied to the U.S. dollar, Paypal’s PYUSD has emerged as a top ten player. Yet, despite the ongoing cryptocurrency...