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Physical Bitcoin Worth Over $1 Million Presented At Auction Houses
7.3.2024
Well-known auction houses that typically offer rare coins, famous artworks, and other popular assets for collectors to bid on have started capitalizing on physical Bitcoin (BTC). Both Stack’s Bowers Galleries and Heritage Auctions are presenting “physical cryptocurrencies” as part of their upcoming...
Bitcoin (BTC) Price Briefly Retakes $68,000 as US Dollar Dips on Dovish Remarks from Fed Chair Powell
7.3.2024
The Bitcoin (BTC) price briefly retook $68,000 on Thursday amid a dip in the US dollar following dovish remarks from US Federal Reserve Chair Jerome Powell, coming within about 2% of the record highs it printed earlier in the week.
The post Bitcoin (BTC) Price Briefly Retakes $68,000 as US Dollar...
High Court Shifts Extradition Route for Terraform Labs’ Do Kwon to South Korea
7.3.2024
In a recent legal twist, the High Court in Podgorica has ruled in favor of extraditing Terraform Labs co-founder Do Kwon to South Korea. This decision comes after the Montenegro Appeals Court overturned a previous ruling that favored his extradition to the United States, marking a pivotal moment...
Bitcoin Ordinals Wallet Oyl Raises $3M With Arthur Hayes, BRC-20 Creator Domo Among Investors
7.3.2024
Multiple Ethereum NFT funds were also among the backers, marking their first investment in a Bitcoin-focused company
Nayib Bukele Reacts to Bitcoin Critic’s Indictment with Laughter
7.3.2024
President Nayib Bukele has responded humorously to a social media post highlighting the legal troubles of one of his country's prominent critics in Capitol Hill. Bukele quoted a post on X (formerly Twitter) with a laughing emoji. The post detailed Senator Bob Menendez's indictment, adding a touch...
Bitcoin’s Warm-up Phase: Analyst Predicts a Market Evolution That Could ‘Shock’ Traditional Finance
7.3.2024
As bitcoin remains close to its peak price levels, a wave of positive sentiment and enthusiastic vigor is enveloping the crypto sphere. This week, onchain analyst Willy Woo, the same market strategist who asserted in November 2023 that bitcoin will probably not fall under $30,000 again, is of...
South Korea’s Bitcoin Premium Hits 2-Year High, Surpassing Global Rates by $4K
7.3.2024
The latest data reveals that the premium on bitcoin in South Korea has escalated to its highest level in more than two years. At 7:30 a.m. Eastern Time (ET) on Thursday, the weighted global average price for bitcoin hovers between $66,800 and $67,000, whereas on the South Korean exchange Upbit...
First Mover Americas: AI Tokens Reclaim the Spotlight
7.3.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for March 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin’s Hash Price Soars as Average Network Fees Spike by 288%
7.3.2024
According to the latest data, bitcoin has been trading above the $67,000 mark, with average network transaction fees experiencing a 288% increase from $3 to $11.64 since Feb. 25, 2024. Meanwhile, BTC has consistently stayed over the $60,000 level for eight straight days, elevating the daily value...
“Kimchi Premium” Returns: Bitcoin Trades at 10% Price Premium in South Korea Against Global Exchanges
7.3.2024
Bitcoin's infamous "Kimchi premium" has made a comeback, with the cryptocurrency commanding an average 10% price premium in South Korea compared to global exchanges.
The post “Kimchi Premium” Returns: Bitcoin Trades at 10% Price Premium in South Korea Against Global Exchanges appeared...
Entry of Tradfi Institutions Can Help Reshape User Perceptions Towards Crypto — Sami Start
7.3.2024
The recent adoption of cryptocurrency by traditional financial (tradfi) institutions is likely to reshape user perceptions of this asset class and may even foster broader acceptance of blockchain technology, Sami Start, co-founder and CEO of the crypto trading platform Transak, has argued. Start...
Andrew Tate Coin on Solana Explodes 88,986%, Eyes on Next Big Mover
7.3.2024
As Solana meme coin markets buzz with activity, new Andrew Tate coin (TOPG) has exploded +88,986%. This article will provide an analysis of TATE’s current price trends and look to see whether a newer pre-halving play, Green Bitcoin, represents a more promising investment opportunity at this time....
LBank Labs Invests in Versatus to Revolutionize Web3 Development
7.3.2024
PRESS RELEASE. LBank Labs, a prominent blockchain venture fund, has invested in Versatus, the Universal dApp Engine, to address one of the most critical roadblocks in realizing Web3’s immense promise – the developer shortage. Despite over 27 million developers worldwide, less than 0.1%...
Arizona Senate Seeks to Add Bitcoin ETFs to State Retirement Portfolios
7.3.2024
Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS) is seeking to add exposure to Bitcoin ETFs in their portfolios.
The post Arizona Senate Seeks to Add Bitcoin ETFs to State Retirement Portfolios appeared first on Cryptonews
Election Fever Hits Cryptocurrency: TRUMP and BODEN Tokens Surge
7.3.2024
As the 2024 US presidential election approaches, memecoins named after Donald Trump (TRUMP) and Joe Biden (BODEN) are experiencing significant fluctuations, reflecting their popularity and potential as prediction markets. The Trump-inspired TRUMP token has recorded a notable increase of 242.9% in...
Bitcoin ETF approval launch can put BTC at $100K by October 2024
7.3.2024
Timothy Peterson, a renowned network economist, expects BTC to go past 100,000 dollars by October 2024. The economist predicts it can happen if the accumulation made by the Bitcoin Spot ETF approval is sustained. Peterson made this prediction on X/Twitter, garnering massive traction among crypto...
Navigating the Wormhole Airdrop: Defi’s Next Big Token Drop Explained
7.3.2024
Wormhole, a platform fostering blockchain interoperability within decentralized finance (defi), has unveiled plans for an airdrop of its proprietary token, W. The initiative is part of the protocol’s broader aim toward progressive decentralization, rewarding dedicated users and developers...
Bitcoin Trade That Gave Bankman-Fried His Millions Returns in South Korea
7.3.2024
Local market observers pointed out that the so-called “Kimchi premium” crossed a two-year high mark on Thursday
Bitcoin Price Prediction: MicroStrategy’s $700M Bet & ETF Buzz – Buy Above $64,850?
7.3.2024
MicroStrategy's bold $700M investment and Arizona's ETF proposal stir the Bitcoin market, hinting at a bullish horizon above the crucial $64,850 mark.
The post Bitcoin Price Prediction: MicroStrategy’s $700M Bet & ETF Buzz – Buy Above $64,850? appeared first on Cryptonews
US Judge Backs SEC: Trading of Certain Cryptocurrencies on Secondary Markets Are Securities Transactions
7.3.2024
A U.S. district judge has sided with the Securities and Exchange Commission (SEC) in a ruling that declares the trading of certain crypto assets on secondary markets to be securities transactions. This decision emerged from an insider trading case involving crypto exchange Coinbase’s former...