Bitcoin Tops $63K for First Time Since November 2021
The rally continued Wednesday as the spot ETFs continued to see massive inflows of fresh money.
Posts published on February 28, 2024 go to media archive 3/3
Bitcoin Technical Analysis: A Series of Successive Gains Signals Strong Market Confidence
As bitcoin weaves its way through the market’s intricacies, its pricing path exhibits an unyieldingly positive trend, marked by a train of successive increases. Reaching $59,992, the leading digital currency experienced a significant…
First Mover Americas: PEPE, Not BTC, Is The Top Trending Token
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 28, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Crosses $59,000 In Surprise Pre-Halving Rally
The Bitcoin price has now successfully crossed the $59,000 level after an incredibly bullish month of February. The market leader has also barreled ahead of all expectations during this time as well, continuing to rally at a time when prices are…
Solana Veterans Raise $17M for 'Backpack' Crypto Wallet, Exchange
Armani Ferrante's and Tristan Yver's startup raised the funds at a $120 million valuation.
Crypto Stocks Rise as Bitcoin Plows Through $59K for First Time Since 2021
Gains among exchange-traded funds were led by BlackRock's IBIT.
TON Rockets Nearly 40% After Telegram Says Will Share Ad Revenue Via Ton Blockchain
The Telegram Ad network will open to advertisers in March, founder Pavel Durov said in a broadcast on his official channel.
Digital Euro Association Partners With HBAR Foundation to Boost Understanding of CBDCs and Stablecoins
The Digital Euro Association (DEA) has entered into a partnership with the HBAR Foundation. This collaboration aims to bolster its comprehension of central bank digital currencies (CBDCs) and stablecoins. Although this partnership marks a…
Stacks Creator Ali Calls Bitcoin 'Apex Predator' as Development Flourishes on OG Blockchain
Muneeb Ali, the co-creator of Stacks and Princeton-educated computer scientist who's now CEO of the Bitcoin-focused development firm Trust Machines, spoke with CoinDesk's Jenn Sanasie on the flurry of development and layer-2 building now taking…
Bitcoin Fast Approaching $60,000 As BTC F&G Index Hits ‘Extreme Greed’ – Details
After rising 5% in the last day, Bitcoin (BTC) is now rapidly nearing the coveted $60,000 mark. This is because investor interest in the largest cryptocurrency in the world has reached levels last seen during a 2021 boom, bringing it very close to…
Bitcoin Miner Riot Acquires 31,500 ‘Next Generation’ M60S Mining Machines Worth $97.4 Million
Bitcoin miner Riot Platforms Inc. said it expects to take delivery as well as deploy 31,500 Whatsminer M60S miners worth $97.4 million by the end of July 2024. The addition of the new bitcoin mining machines is projected to increase the…
Crypto Traders Hedge Bitcoin Rally After 40% Rise in 4 Weeks, Options Data Show
Some traders have started buying puts to protect against a potential sharp decline, according to Greeks.Live.
Bitcoin Surges Above $59K as Bull Rally Continues
The “fear and greed” index reading is now at 87, a sign of “extreme greed.”
Aleksandr Li: Understanding Pik-Swap and the Hybrid Decentralized Wager Platform
N-PIK is an online gambling platform that utilizes its own PIK token, PLYP token to enable players to join raffles, as well as a comprehensive token-based economy to allow players to bet, wager, and win in the best games of skill and chance. The…
Expert Predicts Bitcoin At $750,000 As Fidelity Advises 1-3% Allocation
In a major shift within the financial industry, Fidelity Investments, with its colossal $12.6 trillion in assets under administration, is now recommending that the traditional 60/40 portfolio model should evolve to include a 1-3% allocation to…
Lemon Report: Argentina Leads Crypto Adoption in Latam; Tether Dominates Stablecoin Sector
XRP Sinking? A Double Blow Of Underperformance And Address Exodus
Ripple’s XRP has been struggling to regain its momentum, as its performance continues to lag behind that of its competitors in the crypto market. Recent data from CoinMarketCap reveals that XRP has been the most underperforming large-cap…
Crypto Custodian Finoa Offers Centrifuge’s Tokenized T-Bill Fund
Tokenized assets pioneer Centrifuge is linking its BVI-regulated Anemoy fund to Finoa’s 300-plus crypto institutions.
Bitcoin Bulls Target $69K Lifetime Highs Ahead of Halving
An expected pre-halving rally is a good spot to realize short-term profits, one market observer said.
Falling Bitcoin-Ether Spread is Music to Altcoin Traders' Ears
The funding rate spread has collapsed, indicating increased appetite by traders to speculate further out on the risk curve, one analyst said.
Senator Warren Hits Out at Crypto Again, Says Industry Needs to Follow the Same Rules as TradFi
Warren reiterated her disdain for the industry in an interview.
Peruvian Stock Exchange Announces Bitcoin Spot ETF Listings
The Lima Stock Exchange, the main Peruvian exchange, announced the inclusion of three different bitcoin spot ETF instruments in its trading platform. Ishares Bitcoin Trust (IBIT), Vaneck Bitcoin Trust (HODL), and Invesco Galaxy Bitcoin (BTCO) will…
Sam Bankman-Fried Asks for 6.5 Year Prison Term After Conviction in FTX Collapse
Former FTX boss Sam Bankman-Fried (SBF), found guilty of fraud last year and due to be sentenced next month, has asked the court for a 'just' sentence of 63 to 78 months, according to a court filing submitted Tuesday.
Bitcoin.com Ushers in New Leadership Era with Corbin Fraser as CEO
In a significant development for Bitcoin.com, a trailblazer in the cryptocurrency domain, the company announces the resignation of its CEO, Dennis Jarvis, and the welcoming of Corbin Fraser as the new Interim CEO. This leadership change marks a new…