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Bitcoin’s Price May Double To $138k This Month, History Suggests
8.3.2024
Bitcoin (BTC) is following a years-long bull trend which, if it continues, could see the coin double in price within the next few weeks alone, according to one analyst.
The post Bitcoin’s Price May Double To $138k This Month, History Suggests appeared first on Cryptonews
Top Crypto Gainers Today on DEXTools – CYPHER, ATH, OPFLOW
8.3.2024
As major blue chip cryptos like Bitcoin (BTC) and Ether (ETH) nudge higher on Friday but remain stuck within weekly ranges, traders looking for faster gains continue to migrate to the highly volatile on-chain shitcoin markets on the hunt for top crypto gainers today.
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Transak Achieves Industry-First SOC 2 Type 2 Compliance in Crypto Sector
8.3.2024
In a landmark achievement for the cryptocurrency sector, Transak has become the first global on/off-ramp service to secure SOC 2 Type 2 compliance. The firm explained to Bitcoin.com News that the accomplishment underscores the company’s commitment to data security and customer trust, paving...
Fed Chair Powell Eases CBDC Concerns: US Far From Direct Fed Accounts, Emphasizes Need for Congressional Approval
7.3.2024
Federal Reserve Chairman Jerome Powell engaged with the Senate Banking Committee, signaling that the U.S. is just beginning to contemplate the introduction of a central bank digital currency (CBDC). Powell Assures No Direct Fed Accounts in CBDC Plans, Seeks Congressional Go-Ahead In...
SEC Chairman Gensler Comments on Bitcoin and Ethereum; Avoids Ethereum Security Classification
7.3.2024
Chairman of the U.S Securities and Exchange Commission (SEC) Gary Gensler has refrained from publicly disclosing the SEC's classification of Ethereum as either a security or a commodity. The SEC’s position on Ethereum could be a defining factor in whether or not the regulator would approve Ethereum...
Mogo Takes a Further Leap Into BTC, Eyes Long-Term Gains With $5M Bitcoin Reserve Investment
7.3.2024
In a statement released on March 7, the Canadian fintech entity Mogo disclosed its strategy to diversify its portfolio by investing in bitcoin and bitcoin exchange-traded funds (ETFs), earmarking an initial outlay of as much as $5 million. Canadian Fintech Mogo Dives Deeper Into Bitcoin...
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