Bitcoin surpassed silver to become the 8th largest asset in the world, with a market capitalization of $1.752 trillion, edging out silver at $1.726 trillion. The cryptocurrency surged 9% to $88,570 in the last 24 hours, fueled by optimism around Donald Trump’s election win and expectations of a more crypto-friendly U.S. government. Apart from Silver, … Read more
Bitcoin surged past $63,000 on Tuesday for the first time in over two weeks, driven by market developments and increased speculation surrounding US presidential candidate Donald Trump’s potential return to the White House. Trump, who has championed cryptocurrency, saw his chances of winning the upcoming election increase following an assassination attempt. Trump was shot in … Read more
KEY POINTS Most altcoins, or other coins besides Bitcoin, were also down early Monday, including ETH Most memecoins on CoinGecko’s top 10 were also on the decline in the last 24 hours There is growing anxiousness among BTC holders, but some long-time owners remain positive Bitcoin is starting the week on the low end of … Read more
KEY POINTS Among the “common symptoms” of being in the said phase includes believing the bull market is over, he said Edwards said that gold went through a similar phase for 4 years, so a 6-month bear run for BTC is “reasonable” He went on to project that the symptoms will likely reach its peak … Read more
KEY POINTS Back noted that auto-rebalancing only puts the ETF in the face of higher risks in a volatile market MicroStrategy’s valuation is largely tied to its Bitcoin strategy that landed it a 214K BTC stash Kerrisdale Capital said late last month it was short on MSTR due to its potential overpricing Michael Saylor’s MicroStrategy … Read more
KEY POINTS The coalition has set up a website where crypto enthusiasts can learn more about the movement A Bitcoin emoji should help drive financial literacy, the coalition said Polygon, Chainalysis and CryptoQuant are among the initiative’s supporters A group of over 20 major cryptocurrency organizations have launched a “historic” campaign to push for an … Read more
Bitcoin has been boosted by a flood of cash into new spot bitcoin exchange-traded funds as well as hopes that the Federal Reserve will soon cut interest rates. Bitcoin rises by as much as 4.8 per cent to a record $71,677 in European trading, bringing gains for the year so far to 70 per cent … Read more
In February 2024, Bitcoin has posted the biggest monthly gain since December 2020. In the last 24 hours, unprecedented volumes were seen in Bitcoin spot ETFs with a total of $7.5 billion being traded Continuing its winning streak on Thursday, Bitcoin in February 2024 posted its biggest monthly gain in more than three years and … Read more
BlackRock Inc, Ark and several other prospective issuers of exchange-traded funds investing directly in Bitcoin in the US filed amended forms for their applications on Monday with the Securities and Exchange Commission. Fidelity, Invesco and Galaxy Digital and WisdomTree were among other firms that filed amended S-1 applications with the SEC. The regulator has until … Read more
