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Bitcoin Long-Term Holders Spend 300k BTC Amid Multi-Year Highs, Losses Thin Out
14.2.2024
Almost all Bitcoin long-term holders are back in the black this week after the leading digital asset resurged above $50,000 on Monday for the first time since December 2021. That’s despite a major market pullback last month following the launch of several Bitcoin spot ETFs, characterized by many...
Indonesia’s Presidential Election Sees Crypto-Friendly Team in the Running
14.2.2024
Indonesia former Defense Minister Prabowo Subianto has declared victory in the presidential election following unofficial vote counts indicating a significant lead, potentially securing a single-round win in his third bid for the presidency. Subianto, along with his pro-crypto running mate Gibran...
Bitcoin Surpasses $52,000, Crosses $1 Trillion Market Cap—What’s Driving The Surge?
14.2.2024
On Wednesday, Bitcoin soared past the $52,000 mark, propelling its market cap beyond the $1 trillion milestone. This leap occurred in the wake of spot Bitcoin ETF approvals and in anticipation of the expected halving event in April. The recent climb marks a major milestone, as Bitcoin’s...
Bitcoin Price Prediction as BTC Blasts Past $50,000 – New All-Time High Soon?
14.2.2024
Bitcoin Price Prediction In the ever-evolving landscape of cryptocurrency, Bitcoin has once again captured the spotlight, surging beyond the $50,000 threshold to solidify its market standing. The recent price rally to $51,740.00, a 4.53% increase within a mere 24-hour window, ignites discussions...
How Indonesia’s Election Outcome Will Impact Crypto
14.2.2024
Indonesia, a trillion-dollar economy, is impossible to ignore. The country held its election on Wednesday with defence minister Prabowo Subianto and ex-governors Anies Baswedan and Ganjar Pranowo all competing to become the next president. In December, Indonesia’s Mayor Gibran Rakabuming...
Bitcoin Futures Open Interest Reaches Highest Level in Over 2 Years, Tops $21 Billion
14.2.2024
The notional open interest, which represents the dollar value locked in active Bitcoin (BTC) futures contracts, has surged to its highest level in more than two years. According to data by CoinGlass, the open interest in both perpetuals and standard futures has surpassed $21 billion, a level last...
FOMC Likely to Keep Rates Unchanged in March After Hot Inflation Report
14.2.2024
Wall Street braced for a chilly reality as hotter-than-expected inflation data sent major indexes tumbling on Tuesday. The Labor Department report revealed US consumer prices surged in January, exceeding forecasts and fueled by rising shelter costs. This unexpected heatwave extinguished...
FinCEN Sees Rise in Bitcoin Being Used in Human Trafficking Cases
14.2.2024
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) said it has seen a rise in the number of Bitcoin transactions used in connection with human trafficking and online child exploitation cases. According to FinCEN recent findings show 95% of cases involving online child exploitation...
Bitcoin Price Prediction as BTC Eyes Surpassing Meta in Total Market Cap – $1 Million BTC Incoming?
14.2.2024
As of Wednesday, Bitcoin’s trading value slightly declined to $49,540, marking less than 1% decrease. This fluctuation comes amidst a backdrop of significant developments within the crypto space and broader financial markets. Notably, recent reports from the Financial Crimes Enforcement...
Rich Dad Poor Dad Author Robert Kiyosaki Celebrates Financial Planners’ Pivot To Bitcoin
13.2.2024
Financial planners are finally beginning to acknowledge Bitcoin (BTC) – and Rich Dad Poor Dad author Robert Kiyosaki is happy to see it. The man behind the famous finance book has often advised followers to invest in “hard assets” like gold, silver, real estate, and BTC. According to him, advisors...
Bitcoin Price Drops Back Below $49,000 After Hot US CPI Data Deals Blow to Fed Rate Cut Bets – Where Next for BTC?
13.2.2024
Bitcoin Price Chart / Source: Adobe / LuisaThe Bitcoin (BTC) price has dipped back below $49,000, a near $1,500 turnaround from the two-year highs it hit near $50,400 earlier in the session, in wake of the release of hotter-than-expected US Consumer Price Index (CPI) data for January. Last changing...
Historic Inflows: Spot Bitcoin ETFs Attract Over $1 Billion in a Single Week
13.2.2024
The recent US SEC-approved Bitcoin ETFs collectively netted $1.1 billion in inflows last week, according to a new report by European crypto asset manager CoinShares. Total inflows into spot Bitcoin ETF products now amount to $2.8 billion since they hit the market on January 11. Institional hoarding...
Bitcoin surges towards $50k, Halving event fuels optimism
13.2.2024
Bitcoin has uptick to $50k as the article is being drafted. More surges could be on the way; however, traders may want to be cautious about where the prices move on the graph. Bitcoin is looking to hold the price steady prior to the Halving event. There is low selling pressure now, and the task...
Crypto Fear and Greed Index Skyrockets Alongside Bitcoin’s Surge Above $50K
13.2.2024
A key gauge of investor sentiment, the Crypto Fear & Greed Index, currently signals strong bullish sentiment and increased risk appetite among investors. The Crypto Fear & Greed Index surged to 79, marking its highest level since Nov. 2021 when Bitcoin soared to an all-time high above...
Bitcoin hits $50,000 for the first time in over two years
13.2.2024
Bitcoin, the biggest crypto in the world, has finally hit the 50,000-dollar mark. The crypto reached this benchmark for the first time in over two years. In the past year, Bitcoin has achieved a whopping 129.19% surge based on CoinMarketCap data. In the past month, the crypto has surged 16.42%,...
Michael Saylor Says There’s a Decade of Pent up Demand for Bitcoin ETFs
13.2.2024
MicroStrategy executive chairman and co-founder Michael Saylor, said there is over a decade of pent-up demand for Bitcoin exchange-traded funds, in an interview with CNBC. “There’s 10 years of pent-up demand people been waiting for these ETFs and finally, mainstream investors are able...
Here’s why the price of Bitcoin is set to rise in 2024 and 2025
13.2.2024
Bitcoin is set to conduct its fourth halving in April 2024. The biggest crypto in the world has been on a roll for several months. The bullish surge began with speculations that the SEC had approved the first US Bitcoin ETF. The momentum continued for months until the SEC granted clearance for...
Bitcoin Price Soars as Spot ETFs Amass Ten Times More BTC Than Miners’ Production
13.2.2024
Bitcoin price has surged past the $50,000 mark, fueled by an unprecedented influx of investments from spot Bitcoin exchange-traded funds (ETFs). These ETFs have managed to accumulate a staggering ten times more Bitcoin (BTC) than what miners were able to produce on Monday. More specifically, data...
Bitcoin Price Prediction: Surges Past $50,000, ETF Approval Spurs Market Optimism
13.2.2024
Bitcoin’s price prediction buzz intensifies as it surges past the $50,150 mark, posting a significant 4% increase. This milestone, a peak not witnessed in over two years, signals renewed investor confidence catalyzed by recent regulatory advancements and anticipation of further interest rate...
Jack Dorsey Evokes Bitcoin At Super Bowl Wearing “Satoshi” T-Shirt
12.2.2024
Twitter co-founder and Block Head Jack Dorsey quietly brought Bitcoin to last night’s celebrity-filled Super Bowl event – though most average viewers may not have noticed. The tech billionaire was photographed in one of the stadium’s booths surrounded by artists like Jay-Z and Beyonce. Unlike...