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Bitcoin Surpasses Gold in Investor Portfolios: JPMorgan
15.3.2024
As reported by a JP Morgan analyst, Bitcoin has surged past gold in terms of investor portfolio allocation, taking volatility into account.
The post Bitcoin Surpasses Gold in Investor Portfolios: JPMorgan appeared first on Cryptonews
Democratic Senators Urge SEC Chair Gensler Against Crypto ETF Approvals, Cite “Significant” Risks
15.3.2024
Democratic Senators Laphonza Butler (D-CA) and Jack Reed (D-RI) are pushing United States Securities and Exchange Commission (SEC) Chair Gary Gensler to “strictly limit” the approval of crypto-based ETFs. The senators claim that further approval of crypto ETFs in the U.S. could pose "significant"...
Ethereum Rollups Start Reaping Dencun Benefits: 99% Fee Drops Reported in Some Cases
15.3.2024
Ethereum rollups, the layer 2 scaling structures, have started reaping the benefits of the recently applied Dencun upgrade. The update, which included EIP-4844, also known as Proto-Danksharding, has allowed transaction fees to decrease by 99% in some cases, with Arbitrum, Base, Optimism,...
El Salvador Transfers 5,000 Bitcoins to Cold Wallet, Surpassing Bitcoin Holdings Estimates
15.3.2024
El Salvador moved over 5,000 Bitcoins valued at over $400 million into a cold wallet this week, President Nayib Bukele revealed in a March 14 X post. The move surprised the cryptocurrency community by substantially surpassing expectations of what the country was believed to hold in the rallying...
What Happens Next in COPA vs Craig Wright Trial is Down to the Judge
15.3.2024
The Crypto Open Patent Alliance is seeking several court injunctions from Wright
Unraveling the Mystery: Qatar’s Role in the $3.3 Billion Bitcoin Investment Rumors
15.3.2024
Rumors are spreading like wildfire across the crypto grapevine that the state of Qatar could be making a huge, possibly multibillion-dollar huge, Bitcoin (BTC) bet soon. At least one article claims the Middle Eastern nation may have already made the leap and purchased 50,000 BTC in a series...
Upland Introduces Token Reward System With ‘Share and Build’ Airdrop Series
15.3.2024
Upland, a popular Web3 metaverse and crypto game, unveiled the inaugural chapter of its “Share and Build” airdrop series on Friday. This initiative is designed to reward players with tokens for their participation. Upland’s Airdrop Series Rewards Community Participation At...
Is It Too Late to Buy Bonk? BONK Price Rises 27% on $720M Volume, Eco-Friendly Coin Hits $4.5M
15.3.2024
Meme coin BONK’s price has risen 28% over the last two weeks, buoyed by a crypto buying frenzy that has driven market leader Bitcoin to new highs. BONK managed to post $720,000 in overnight trading volume, according to CoinGecko. Still, it wasn’t enough to keep the novelty...
Bitcoin: Boom or Bust? El Salvador, Debt, and the Satoshi Enigma
15.3.2024
The past few days have been nothing short of a rollercoaster ride for Bitcoin. The biggest crypto in the world broke its 2-year-long slump and hit its all-time high of 73,798 dollars. While the crypto has dropped to 68,582 dollars for now, the market is inundated with updates surrounding BTC. Let’s...
Stablecoin Sector Expands by $4.95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits $103B
15.3.2024
In the past 12 days, the stablecoin sector has experienced a growth of $4.95 billion, reaching a new 2024 high of $149.03 billion in market valuation. Among various dollar-tied tokens that have seen their supply numbers go up over the last 30 days, Ethena’s USDE stands out with a 376%...
Bitcoin price swings: From all-time high to new low below $69k
15.3.2024
After the recent witnessing of an all time high, Bitcoin has hit a new low, reaching below the figure of $69,000 per coin. As per the latest update, it has climbed to over $70,000, still below the peak of $73,700. The success story of Bitcoin is being attributed to the latest spot Bitcoin...
Marathon to Acquire Applied Digital’s 200 MW Texas Bitcoin Mining Site
15.3.2024
The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon Digital Holdings acquiring the Garden City mining property for a sum of $87.3...
Predicting the Peak — Analysts Gauge the Duration and Climax of the Current Bitcoin Bull Run
15.3.2024
Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact...
Michael Saylor's MicroStrategy Prices Upsized $525M Debt Offering to Buy More Bitcoin
15.3.2024
The firm announced its plans to raise $500 million in a debt offering on Wednesday only days after purchasing 12,000 BTC with the proceeds of a previous $700 million offering
Bitcoin Technical Analysis: Sharp Downturns as Bearish Trends Dominate Price Movements
15.3.2024
Bitcoin witnessed a notable intraday swing from $65,569 to $73,794, reflecting a volatile market environment. Despite this turbulence, its market capitalization still holds strong at just over $1.3 trillion, supported by a substantial 24-hour trading volume of $89 billion. Bitcoin The analysis...
First Mover Americas: El Salvador Holds More BTC Than Expected
15.3.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for March 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin’s Recent Dip is “Very Normal Bull Market Behavior,” Analyst Says
15.3.2024
Bitcoin fell below weekly lows on Friday, but market observers remained calm, attributing the dip to typical corrective moves within a broader uptrend.
The post Bitcoin’s Recent Dip is “Very Normal Bull Market Behavior,” Analyst Says appeared first on Cryptonews
Bitcoin Trader Sees Prices Slumping to $60K as Crypto Bulls See $650M in Liquidations
15.3.2024
The CoinDesk 20, a broad-based index of the most liquid crypto tokens, was down 8.25%
Transition from BRC-20 to BRC-420 Tokens Signifies ‘Maturation Within Bitcoin-Based Defi,’ Says Mithil Thakore
15.3.2024
While the Bitcoin network is poised to see significant growth in its Layer-2 (L2) ecosystem, “finding an optimal mechanism to maintain finality” on the network remains an inherent limitation that prevents this from happening, Mithil Thakore, the co-founder and CEO of Velar, has said....
Bitcoin price breaks through $70k, whilst new cryptocurrency Green Bitcoin raises $3M
15.3.2024
The price of Bitcoin (BTC) recently exploded above $70,000, pushing investors to seek the best and most lucrative ways of enjoying the benefits of the bull cycle. This is where Green Bitcoin ($GBTC) comes in after it raised over $3.2 million in its presale. Currently, a lot of new money and smart...