Bitcoin Soars Beyond $71.5k, Making Crypto History with New High
Key Points Bitcoin reached a new high of $71,500 on Mar. 11, with its market capitalization nearing $1.4 trillion. Bitcoin prices on South Korean crypto exchanges exceeded $75,000, largely due to the...
View ArticleNew Digital Platform Set to Track All Cryptocurrency Transactions in Korea
Key Points South Korea’s National Tax Service plans to develop a system to monitor crypto transactions by 2025. The move coincides with Bitcoin’s surge to $70,000 and the approval of Bitcoin ETFs in...
View ArticleOpening Doors: London Stock Exchange Accepts Bitcoin, Ethereum ETN Applications
Key Points The London Stock Exchange (LSE) will begin accepting applications for Bitcoin and Ethereum exchange-traded notes (ETNs) in the second quarter of 2024. Crypto ETNs will be allowed for trading...
View ArticleEthereum vs Bitcoin: Which Cryptocurrency Shows More Potential in 2024?
Key Points Ethereum price surpasses $3,950 again on Feb. 22, indicating a potential for further growth. Analysis of on-chain data trends suggests Ethereum might outperform Bitcoin in 2024. Ethereum’s...
View ArticleFuturistic Gaze: Forecasting the 2024 Cryptocurrency Market Landscape
Key Points The crypto market might witness significant changes in 2024 due to factors like Bitcoin halving and institutional investments via ETFs. Despite the crypto winter of 2022-2023, recent gains...
View ArticleAnticipating Bitcoin Halving: Toncoin and Filecoin Investors Show Interest in...
Key Points Toncoin investors are considering an exit, while Filecoin attracts billionaire bets and Bitcoin experiences regular volatility. DeeStream is revolutionizing content streaming by integrating...
View ArticleBTC Surge Hits New High, Breaches $72k Mark
Key Points Bitcoin (BTC) price has reached a new all-time high of over $72,000 on March 11, 2024. Large institutional players like MicroStrategy and BlackRock have made significant investments in...
View ArticleMicroStrategy Invests Massive $820M in Bitcoin Following Debt Security Trade
Key Points MicroStrategy has added $821.7 million worth of Bitcoin to its portfolio. Bitcoin’s market cap has surpassed $1.4 trillion, making it the eighth most valuable asset. MicroStrategy, a...
View ArticleBitcoin Continually Outperforms USD Since Debut, Year After Year
Key Points Bitcoin has only seen annual price declines four times in its 14-year history. The U.S. dollar has consistently experienced annual inflation, decreasing its purchasing power over time....
View ArticleDaily Rise of Bitcoin Producing New Millionaires
Key Points Bitcoin’s recent surge has been creating approximately 1,500 ‘millionaire wallets’ daily. The rate of millionaire wallet creation is slower compared to the 2021 bull market. Bitcoin’s latest...
View ArticleData Reveals Majority of Crypto Exchange Tokens Underperforming Bitcoin
Key Points Most exchange tokens didn’t perform as well as Bitcoin, according to a TokenInsight study. Despite this, some crypto exchange tokens like BGB and MX managed to outperform Bitcoin. A recent...
View ArticleBitcoin Trust Faces $494M Pullback Amid Grayscale Downtrend
Key Points Grayscale Bitcoin Trust (GBTC) experienced a significant withdrawal of around $494 million worth of Bitcoin on March 11. Grayscale’s holdings have declined by 36% since the trust...
View ArticleBitcoin Skyrockets to Unprecedented $73k Peak
Key Points Bitcoin momentarily reached $73,000 before dropping below $72,000, marking a nearly 50% increase this month. Factors such as Thailand’s SEC approval for Bitcoin ETFs and Blackrock’s...
View ArticleGrayscale Unveils Low-Cost Bitcoin Mini Trust ETF Plan
Key Points Grayscale is pursuing SEC approval to establish a Bitcoin Mini Trust to lower its Bitcoin ETF fees. The new trust aims to provide a more affordable option to its existing $28 billion GBTC...
View ArticleMassive $520m Bitcoin Movement Sparks Price Discovery Wave
Key Points Bitcoin’s price reached new highs above $73,000 on March 12, driven by increasing institutional demand. Investors are moving Bitcoin to cold storage, tightening market supply and potentially...
View ArticleCoinbase CEO Highlights Bitcoin’s Value Amid Rising US Debt
Key Points Brian Armstrong, CEO of Coinbase, advocates for Bitcoin in response to the US’s increasing national debt. Robert Sterling, CFO of 20 Dollar Consulting, highlights the alarming rate of the US...
View ArticleBitcoin Reaches Historic High, Pushing Liquidity Depth Beyond $600m: Kaiko...
Key Points Bitcoin market depth hit a record $600 million, coinciding with Bitcoin’s recent all-time high. USDT reached a record capitalization of $100 billion, despite a decrease in trading activity....
View ArticleAltcoin Trends: Understanding the Bitcoin Influence on Other Cryptocurrencies
Key Points Bitcoin’s (BTC) market movements significantly influence altcoins due to its dominance. Altcoins often follow Bitcoin’s trends, but future developments could decrease their reliance on BTC....
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Analyst Suggests Investing in Toncoin, Algotech, and Cardano (ADA) Could...
As the digital economy grows, discerning investors seek promising assets to bolster their portfolios. Enter Toncoin (TON), Algotech (ALGT), and Cardano (ADA) – three entities garnering attention for...
View ArticleCrypto Kingpin of Bitcoin Fog Nabbed in Massive $400M Laundering Scheme
Key Points Bitcoin Fog’s founder, Roman Sterlingov, has been found guilty of laundering money connected to illegal drug sales. The case emphasizes the growing concern over cryptocurrency’s role in...
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