Bitcoin Logs Biggest Single-Day Gain Since October, Market-Neutral Bets Yield 3x U.S. Treasury Notes
The attractive yield on the market-neutral cash and carry trade could draw more money to the crypto market.
Posts published on February 28, 2024 go to media archive 1/3
Bitcoin Poised To Reclaim $64K, Now Back Halfway To $63,000 – New ATH Coming For March?
In a blazing start to March, the feverish activity of Bitcoin has set it up for its largest monthly increase in almost three years early Thursday. Money pouring into listed bitcoin funds is fueling a huge gain, and bitcoin is now just a…
Dogecoin Price Soars 25%, Why DOGE Bulls Are Not Done Yet
Dogecoin is up over 25% against the US Dollar. DOGE cleared the $0.120 resistance and might continue to rise toward the $0.132 resistance. DOGE started a strong increase after it broke the $0.0850 resistance against the US dollar. The price is…
El Salvador Won’t Sell Its Bitcoin — President Bukele Says ‘at the end 1 BTC = 1 BTC’
Shiba Inu Adopts Tech to Bring More Privacy to SHIB Token Holders
Shiba Inu ecosystem token TREAT will power a “new privacy layer” for the Shibarium blockchain.
Ethereum Price Prepares To Go On Another Bullish Spree, Key Support Intact
Ethereum price climbed to a new multi-month high above $3,400. ETH is consolidating like Bitcoin and seems to be setting up for another bullish spree. Ethereum extended its increase above the $3,400 resistance zone. The price is trading above…
Bitcoin Price Sees Wild Swing Moves, Uptrend To Extend Toward $70K?
Bitcoin price rallied further above $62,000. BTC is now consolidating gains and might soon attempt another upward move toward the $64,000 resistance. Bitcoin price is consolidating gains below the $60,000 resistance zone. The price is trading above…
Bitcoin Price Could Hit $250,000 ‘Sooner’ Than Expected, Says Bitwise CEO
TRON Hits 95 Million Addresses Milestone, Will This Help Price?
On-chain data shows the total number of addresses on the TRON network has exceeded the 95 million mark, a major milestone for the blockchain. TRON Addresses Carrying A Balance Have Broken The 95 Million Mark According to data from the market…
Gemini Agrees to Over $1 Billion Restoration in Settlement With New York Regulators
In an agreement with the New York Department of Financial Services (NYDFS), the Winklevoss-led cryptocurrency exchange Gemini has committed to returning over $1 billion to its customers. The settlement, which also includes a $37 million fine, comes…
Protocol Village: Bitcoin Miner Marathon, Plans 'Anduro,' a Multi-Chain Layer-2
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 29-March 6.
Sam Bankman-Fried Doesn't Want to Go to Prison for 100 Years
Sam Bankman-Fried's new legal team filed his sentencing memo, alongside 29 different character references and other supporting documents, arguing he shouldn't face a lengthy prison term after his conviction last November on two fraud and five…
Amidst a Surge in Spot Bitcoin ETF Reserves, Kraken Institutional Enters the Market
The crypto exchange based in San Francisco, Kraken, has unveiled its latest offering, Kraken Institutional, a digital currency suite designed expressly for high-net-worth firms and institutional investors. Deep Liquidity and Low-Latency Trading…
Renowned Economist Says Bitcoin Isn’t Digital Gold, Then What Is It?
Chief Economist and Bitcoin antagonist, Peter Schiff has made another controversial statement about BTC, comparing the world’s largest cryptocurrency to gold, while expressing skepticism about BTC being lauded as the “digital gold.” Bitcoin Is…
Bitcoin Miner Marathon's Sales Beat Fails to Impress Wall Street
The company sold 56% of its mined bitcoin during the fourth quarter to fund operating costs.
Altcoin Market Cap Break From “Wyckoff Accumulation Phase”: Will Ethereum, XRP Fly?
In a post on X, one analyst observes that the altcoin market capitalization has broken from the Wyckoff accumulation phase. With this upswing, the trader expects altcoin prices to move higher. This refreshing breakout coincides with Bitcoin’s…
Winklevoss Twins' Gemini Promises to Return $1.1B to Earn Customers
Gemini told the New York Department of Financial Services it would return at least $1.1 billion to its Earn customers after Genesis Global Capital wraps up its bankruptcy process, according to NYDFS.
Nigeria Detains Two Binance Executives, Crypto Platform Accused of Exchange Rate Manipulation
Nigerian authorities have reportedly detained two senior executives from Binance who had recently arrived in the country. The Central Bank of Nigeria’s governor stated that in 2023 alone, $26 billion flowed through the cryptocurrency…
Analyst Labels Bitcoin Rally Strongest Pre-Bull Cycle Yet
The entire cryptocurrency space is fueled with excitement as the price of Bitcoin rallied today, demonstrating immense resilience, reaching the $59,000 threshold and even further in the past 26 months. Bitcoin Rally Kicks Off The Strongest Pre-Bull…
Coinbase Made an Arbitration Case to the U.S. Supreme Court – Again
Crypto exchange Coinbase again led a legal charge on the ins and outs of arbitration in the U.S. Supreme Court on Wednesday. The latest case isn't about digital assets, directly, but it may be important for every modern consumer who buys, registers…
Bitcoin ETFs Break Volume Record Led by BlackRock Amid Wild Crypto Price Action
U.S. spot bitcoin {{BTC}} exchange-traded funds (ETF) experienced another massive trading session Wednesday with BlackRock's bitcoin ETF (IBIT) breaking its volume record for the third consecutive day.
The Protocol: Bitcoin's Call for Volunteers, Ethena's USDe, Blast's Blast-Off
In this week's issue of CoinDesk's newsletter on blockchain technology, we've got an exclusive interview with Stacks co-creator Muneeb Ali. PLUS: More than $200 million of blockchain project fundraisings.
U.S. Government Crypto Wallets Transfer Nearly $1B of Bitcoin Seized From Bitfinex Hacker
Wallets containing bitcoin seized by the U.S. government in the notorious Bitfinex hack – later leading to guilty pleas for Ilya Lichtenstein and Heather "Razzlekhan" Morgan – have suddenly become active.
Edward Snowden Anticipates Government Acquisition of Bitcoin in 2024
Renowned whistleblower Edward Snowden has made a bold prediction on X today, suggesting that a national government will enter the Bitcoin market this year by purchasing BTC.JUST IN: Edward Snowden predicts "A national government will be…
TON Skyrockets 25% As Telegram Unveils New Revenue Sharing Feature, Crossing $3 Mark
In a notable development for the cryptocurrency world, Telegram, the popular social media platform, has introduced an ad revenue-sharing system for channel owners on its native blockchain TON. This move has resulted in a significant 25% price spike…
Arweave and Aptos Lead Crypto Market Surge With Stellar Gains as BTC Nears All-Time High
Bitcoin experienced a 6.8% increase on Wednesday, reaching a peak of $64,000. This upturn also propelled several other digital assets upwards, notably arweave (AR) with a 50.3% increase and aptos (APT) with a 23.5% appreciation against the U.S…
Morgan Stanley Evaluating Spot Bitcoin ETFs for Its Giant Brokerage Platform: Sources
Since spot bitcoin ETFs went live in January, chatter has increased about the imminent arrival of the big registered investment advisor (RIA) networks and broker-dealer platforms.
Here Are The Factors Driving The Shiba Inu Recovery Above $0.00001
Shiba Inu (SHIB) is on a roll, having again broken above the crucial $0.00001 resistance level. This recent price surge from the meme coin is believed to be propelled by several factors that undoubtedly provide a bullish narrative for the crypto…
Retail Investors Are Sleeping on Bitcoin's March Towards All-Time Highs: IntoTheBlock
Metrics that previously signaled retail froth are still at low levels, suggesting that this phase of bitcoin's rally is driven by institutional investors, IntoTheBlock analysts said.