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South Korea Contemplating Allowing Spot Bitcoin ETF, Says Financial Watchdog Chief
5.3.2024
South Korean authorities are discussing the potential approval of spot Bitcoin exchange-traded funds (ETFs) in the country, as revealed by the country's chief of the financial watchdog.
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Bitcoin Miner Bitdeer Says It Has Launched Its ‘First Cryptocurrency Mining Chip’
5.3.2024
Bitdeer, a bitcoin miner, recently announced the launch of what it refers to as its “first cryptocurrency mining chip.” Bitdeer claimed that the chip could potentially improve bitcoin mining performance without excessive power consumption. New Rig to Help Bitcoin Miners Minimize...
Bitcoin Price Prediction: Eyes $80,000 Amid ETF Buzz & MicroStrategy’s Bold Move
5.3.2024
Bitcoin's remarkable surge to $68,600 ignites speculations of it surpassing $80,000, bolstered by ETF hopes and MicroStrategy's strategic $600 million investment.
The post Bitcoin Price Prediction: Eyes $80,000 Amid ETF Buzz & MicroStrategy’s Bold Move appeared first on Cryptonews
Grayscale’s Bitcoin Holdings Drop by 33%, Totaling $9.26 Billion Since ETF Conversion
5.3.2024
Grayscale, the world's largest crypto asset manager, has experienced a significant decrease in its Bitcoin (BTC) holdings since converting its Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF) in mid-January.
The post Grayscale’s Bitcoin Holdings Drop by 33%, Totaling $9.26...
Crypto Liquidations Cross $550M as Bitcoin Remains Volatile Ahead of Historic Highs
5.3.2024
Memecoin futures took on nearly $90 million in liquidations as prices corrected after a massive rally in the past week
Deribit's Bitcoin Volatility Index Signals Price Turbulence, Hits 16-Month High
5.3.2024
The surging implied volatility has boosted the allure of "call overwriting" strategies that allow investors to generate additional yield on top of their spot market holdings
Crypto Assets Under Management (AUM) Soar 27% to $66B in Feb on Bitcoin Strength
5.3.2024
Total crypto assets under management (AUM) soared by 27% to $65.66 billion in February, driven by rising Bitcoin prices and growing adoption of Spot Bitcoin ETFs in the US.
The post Crypto Assets Under Management (AUM) Soar 27% to $66B in Feb on Bitcoin Strength appeared first on Cryptonews
GTA Token Rises to Prominence with Explosive Growth and Innovative Ventures
5.3.2024
PRESS RELEASE. In a remarkable feat of growth, GTA Token has surged an astonishing 200x within the span of just one month since its inception, catapulting it to the TOP-1 spot for several consecutive weeks in the category of best assets on both Arbitrum and SushiSwap. The project’s remarkable...
Russian Digital Ruble Pilot ‘on Track,’ Registers About 25K Transactions
5.3.2024
Elvira Nabiullina, Governor of the Bank of Russia, stated that the current pilot test of the Russian digital ruble was “on track,” with several operations being tested, including opening wallets, and interactions with smart contracts. Nabiullina revealed that over 25,000 transactions...
Billionaire Mark Cuban Goes For Bitcoin Over Gold ‘All Day, Every Day’
5.3.2024
“Shark Tank” billionaire investor Mark Cuban weighed in on Bitcoin’s recent rally, stating that he has invested in the cryptocurrency due to its strong capability as a store of value.
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Skybridge Founder Insists It’s ‘Still Very Early’ to Buy BTC — Sees Bitcoin as the New Berkshire Hathaway
5.3.2024
Skybridge Capital founder Anthony Scaramucci has insisted that it is “still very very early” to buy bitcoin. He likened the cryptocurrency to Warren Buffett’s company, calling it the “Berkshire Hathaway of the 21st century.” He opined: “It was never...
Bitwise CIO Says Bitcoin Could Top $200K This Year Citing ‘Too Much Demand, Not Enough Supply’
5.3.2024
Bitwise’s chief investment officer says bitcoin price could surge above $200K this year due to a “massive supply-demand dynamic,” emphasizing that “there’s too much demand and not enough supply” for the cryptocurrency. Predicting “an even bigger wave”...
Coinbase Faces Technical Issues as Trading Volume Surges, Some Users See $0 Balances
5.3.2024
Coinbase is once again encountering technical problems amid heavy trading activity in the cryptocurrency market, with some users experiencing issues such as displaying a $0 account balance.
The post Coinbase Faces Technical Issues as Trading Volume Surges, Some Users See $0 Balances appeared first...
Microstrategy to Buy More Bitcoin With Proceeds From $600M Convertible Note Sale
5.3.2024
Nasdaq-listed company Microstrategy is planning to sell $600 million in convertible senior notes and use some of the proceeds to buy additional bitcoin. Microstrategy now holds 193K bitcoin. The company’s executive chairman, the pro-bitcoin Michael Saylor, says bitcoin has become...
Marathon Mines Record-Breaking 4 MB Bitcoin Block Linked to Runestone Airdrop
5.3.2024
During bitcoin’s extraordinary price peaks in March, this week saw the mining of the biggest block by byte size, with Marathon’s mining pool producing a 3.99 megabyte (MB) block. This block, labeled as 832,849, carried a message linked to the Runestone airdrop. Bitcoin Blockchain...
Bitcoin Returns To All-Time High In Canadian Dollar After PM Said It “Destroyed” People’s Life Savings
4.3.2024
The price of Bitcoin (BTC) now trades at an all-time high against the Canadian dollar roughly seventeen months after the nation’s leader slammed digital currencies as an “irresponsible” investment.
The post Bitcoin Returns To All-Time High In Canadian Dollar After PM Said It “Destroyed”...
Coinbase Faces Repeat Zero Balance Glitch Amid Crypto Trading Fervor
4.3.2024
While bitcoin reached a 2024 high on Monday, rising above the $67,000 per unit range, Coinbase suffered an issue again where customers were seeing zero balances. The news follows the issues Coinbase suffered on Feb. 28, 2024, when customers saw zero balances that day as well. Coinbase Users...
Will BTC Price Break ATH in March? Green Bitcoin’s Presale Approaches $2 Million Milestone
4.3.2024
The crypto market is witnessing a remarkable rally once again. While meme coins like DOGE, SHIB, PEPE, and BONK have been stealing the spotlight with their massive price pumps, Bitcoin has also put on an impressive performance, surging 5% today and breaking through the crucial $65,000 area ahead...
Bitcoin Tops $67K, Nearing Silver's $1.38T Market Cap
4.3.2024
Bitcoin's price targets $70,000 in the short term and could reach a new all-time high as soon as this week, analysts said
What Happens if Bitcoin Reaches an All-Time High?
4.3.2024
What’s different this time? ETFs, Wall Street and a lack of celebrity influencers — for now