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Bitcoin rejects $70,000; here are key levels to look out for
11.3.2024
The crypto market has picked up pace in the past several months. As the world’s biggest crypto, Bitcoin leads the crowd with a clear advantage. While BTC has gained 45.59% value in the past month, it fails to stay above the $70k mark comfortably. The coin keeps fluctuating at the $70k resistance...
Bitcoin Surge Sees Crypto Trading Volumes Exceed the Stock Market in South Korea
11.3.2024
The KOSPI trading volume recorded 11.4794 trillion won on Mar.8, compared to nearly 12 trillion won on local crypto exchanges on Sunday
Indian Crypto Investment Platform Mudrex to Offer U.S. Bitcoin ETFs to Indian Investors
11.3.2024
Indian cryptocurrency investment platform Mudrex will offer U.S. spot-bitcoin exchange-traded funds (ETFs) to Indian investors, both institutions and retailers, CEO and co-founder Edul Patel said
Bitcoin Pushes Past $71,000 to Make a New All-Time High
11.3.2024
Bitcoin’s price has reached a new all-time high, surpassing the $71,000 mark with the rally still in progress. Over a period of six days, the world’s leading cryptocurrency has seen a more than 40% increase in value, bringing it close to surpassing the $72,000 threshold. The milestone...
Central Bank of the Philippines to Complete Wholesale CBDC Pilot This Year, Hints at Securities Focused Use Case
11.3.2024
The Central Bank of the Philippines revealed that it aims to conclude the ongoing wholesale CBDC pilot, Project Agila, later this year. The pilot, which currently includes the participation of six local financial institutions, might be the gate for democratizing access to securities according...
Dogecoin (DOGE) rush DeeStream (DST) bull-run amid Bitcoin (BTC) hunt for $70k mid-march
11.3.2024
The cryptocurrency market is alive this week, with a surge of Dogecoin (DOGE), whales of Bitcoin (BTC) refusing to sell amidst all-time highs, and the rise of DeeStream (DST) as a market disruptor in content creation. While DOGE eyes the elusive $1 mark, the BTC whales, with strong confidence, show...
UK’s FCA Opens the Door for Institutional Investors to Build Crypto-Backed ETN Market
11.3.2024
Products would be available to professional investors while retail consumers remain banned, the regulator said
Why is BlockDAG the best coin to invest post-Bitcoin ETF approval?
11.3.2024
The NuggetRush crypto coin is catching eyes after the recent Bitcoin ETF Approval, marking a pivotal moment in cryptocurrency. This approval has validated the crypto market and spotlighted emerging stars like BlockDAG, setting them on a path to potentially becoming top crypto for 2024. As investors...
Bitcoin Vaults Over $70K, Hits New Highs
11.3.2024
The leading cryptocurrency had crossed $70,000 for the first time ever last week
Bitcoin Tentative, Asian Stocks Slide on BOJ Rate Hike Talks
11.3.2024
The BOJ has long been seen as a major source of uncertainty for financial markets, including cryptocurrencies
Hong Kong Financial Institutions Eye Ethereum ETFs to Bolster Global Crypto Market Position
11.3.2024
In the wake of the successful launch of Bitcoin spot ETFs in the United States, financial institutions in Hong Kong are gearing up to tap into the growing demand for cryptocurrency investment products.
The post Hong Kong Financial Institutions Eye Ethereum ETFs to Bolster Global Crypto Market...
Bitcoin Price Prediction: Eyeing $75,000 Amid BlackRock ETF Surge & Market Optimism
11.3.2024
Amidst surging institutional interest and BlackRock's ETF triumph, Bitcoin's journey towards $75,000 becomes a beacon of market optimism and investment shift.
The post Bitcoin Price Prediction: Eyeing $75,000 Amid BlackRock ETF Surge & Market Optimism appeared first on Cryptonews
Performance of AI-Related Crypto Tokens Driven by News and ‘Memetic Speculation’ — Coinbase
11.3.2024
Since the beginning of the last quarter of 2023, artificial intelligence (AI)-related crypto tokens have not only outperformed the top two crypto assets but have also outpaced key AI stocks such as Nvidia and Microsoft. According to a report by Coinbase, much of this market-beating performance...
Hedge Fund Manager Bill Ackman Says “Maybe I Should Buy Some Bitcoin”
11.3.2024
Billionaire hedge fund manager Bill Ackman takes to social media platform X, teasing, “Maybe I Should Buy Some Bitcoin” – after contemplating energy prices might skyrocket.
The post Hedge Fund Manager Bill Ackman Says “Maybe I Should Buy Some Bitcoin” appeared first on Cryptonews
‘Wolf of All Streets’ Sees Start of Major Bull Run for Bitcoin and Broader Crypto Market — Warns of a ‘Huge Bubble’
11.3.2024
Scott Melker, also known as the “Wolf of All Streets,” believes that we are at the start of a major bull run for both bitcoin and the broader crypto market. “We will likely see a huge bubble and that coins with no fundamental value will also skyrocket before it inevitably...
This New $5M Fund Aims to Scale Bitcoin-Aligned Projects in India – Here’s the Latest
11.3.2024
Core Foundation's $5 million fund aims to further India’s decentralized application ecosystem on Core Chain.
The post This New $5M Fund Aims to Scale Bitcoin-Aligned Projects in India – Here’s the Latest appeared first on Cryptonews
US Court of Appeals Reverses Lower Court’s Ruling in Favor of Binance
11.3.2024
The United States Court of Appeals has reversed a lower court’s ruling dismissing U.S.-based users’ damages claim against Binance. Aggrieved users will once again attempt to prove that their claims do not constitute an “impermissible extraterritorial application” of U.S....
Ether Locked in Liquid Staking Platforms Skyrockets to $54.34B With a $26.85B Rise in 64 Days
10.3.2024
The volume and worth of liquid staking derivatives (LSDs) have expanded significantly since the beginning of the year, with 1.56 million ether being added to LSD protocols since Jan. 6. The total value of ethereum stored surged by $26.85 billion in the last two months. LSD Market Flourishes:...
Bitcoin Whale From 2015 Moves ‘Sleeping Bitcoins’ Worth $163M as Historic Wallets Wake Up
10.3.2024
As bitcoin remains stable above the $69K mark, an entity from 2015 made onchain waves by moving 2,352.62 bitcoins valued at more than $163 million. This individual executed the transfer through 80 distinct transactions, after letting the bitcoins remain untouched for more than eight years. 2015...
Latam Insights: Argentina Arrests $400 Million Cryptocurrency Ponzi Scheme Founders, Brazil Defines Crypto Regulation as a Priority
10.3.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: $400 million cryptocurrency Ponzi scheme founders were arrested in Argentina, the Central Bank of Brazil established cryptocurrency regulation as a priority...