Crypto Miners Still Selling Their Bitcoin as Reward Halving Looms, Blockchain Data Show
[Feb 29 3:24 AM] The number of bitcoin held in wallets tied to miners has dropped to the lowest since mid-2021.
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Where Are We In This Bitcoin Cycle? Galaxy Lead Researcher Answers
[Feb 29 3:00 AM] In a comprehensive analysis shared via X (formerly Twitter), Alex Thorn, the Head of Firmwide Research at Galaxy, delved into the intricacies of the current Bitcoin market cycle, answering the question “Where Are We In This Bitcoin…
Global BTC Trading App Strike Launches ‘First Fully-Featured Region Outside the US’
Bitcoin Ascent To $64,000 Causes Coinbase To Crash – Here’s What Happened
[Feb 29 2:00 AM] Not long after the value of Bitcoin surpassed $62,000, its highest level since 2021, Coinbase had severe disruptions and issues on Wednesday afternoon, preventing some customers from signing in at all and causing some user accounts to reflect a $0…
Bitcoin Logs Biggest Single-Day Gain Since October, Market-Neutral Bets Yield 3x U.S. Treasury Notes
[Feb 28 11:46 PM] The attractive yield on the market-neutral cash and carry trade could draw more money to the crypto market.
Bitcoin Poised To Reclaim $64K, Now Back Halfway To $63,000 – New ATH Coming For March?
[Feb 28 10:59 PM] 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…
Bitcoin Price Sees Wild Swing Moves, Uptrend To Extend Toward $70K?
[Feb 28 9:05 PM] 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…
Protocol Village: Bitcoin Miner Marathon, Plans 'Anduro,' a Multi-Chain Layer-2
[Feb 28 5:32 PM] The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 29-March 6.
Amidst a Surge in Spot Bitcoin ETF Reserves, Kraken Institutional Enters the Market
[Feb 28 5:00 PM] 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?
[Feb 28 5:00 PM] 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…
Altcoin Market Cap Break From “Wyckoff Accumulation Phase”: Will Ethereum, XRP Fly?
[Feb 28 4:00 PM] 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…
Analyst Labels Bitcoin Rally Strongest Pre-Bull Cycle Yet
[Feb 28 3:00 PM] 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…
Bitcoin ETFs Break Volume Record Led by BlackRock Amid Wild Crypto Price Action
[Feb 28 2:48 PM] 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.
U.S. Government Crypto Wallets Transfer Nearly $1B of Bitcoin Seized From Bitfinex Hacker
[Feb 28 2:31 PM] 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
[Feb 28 2:11 PM] 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…
Morgan Stanley Evaluating Spot Bitcoin ETFs for Its Giant Brokerage Platform: Sources
[Feb 28 1:25 PM] 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.
Retail Investors Are Sleeping on Bitcoin's March Towards All-Time Highs: IntoTheBlock
[Feb 28 12:49 PM] 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.
Service Interruptions at Coinbase, Robinhood and Kraken as Bitcoin Soared to $64,000
Coinbase Crashes Following Bitcoin Pump, CEO Cites 'Large Surge Of Traffic"
[Feb 28 12:22 PM] Coinbase, one of the leading Bitcoin and cryptocurrency exchanges, experienced a significant outage today as Bitcoin's price soared, leaving many users accounts malfunctioning. The disruption occurred amid a sharp increase in trading activity…
Bitcoin Suddenly Plummets 7% After Hitting $64K, Triggering Over $700M Crypto Liquidations
[Feb 28 12:08 PM] Bitcoin rose to $64,000 Wednesday before quickly reversed to $59,000, CoinDesk data shows.
El Salvador's Bukele Says Value of Country's Bitcoin Holdings Up Over 40%
[Feb 28 11:55 AM] The country's bonds have also surged to over 80 cents on the dollar.
Craig Wright to Face New Allegations of Forgery in COPA Trial Over Ontier Emails
[Feb 28 11:13 AM] He's set to retake the stand on Friday to defend allegations initially made by his former lawyers that their correspondence submitted to court had been doctored.
MicroStrategy’s Bitcoin Holdings Balloons Above $10 Billion, Here’s How Much Profit It Has Made
[Feb 28 11:00 AM] MicroStrategy recently revealed that they had acquired an additional 3,000 BTC this month, bringing its Bitcoin holdings to 193,000 BTC. Interestingly, BTC’s recent price surge caused these holdings to cross the $10 billion mark, with the…
Bitcoin Surpasses $61,000 As New All Time High Approaches
[Feb 28 9:39 AM] Bitcoin surged past the $61,000 mark today, edging closer to a new all-time high as spot Bitcoin ETF inflows and investor enthusiasm continues to drive up prices. The milestone comes amid increasing interest in the Bitcoin market and growing…
Mt. Gox: What We Still Don’t Know 10 Years After the Collapse
[Feb 28 9:00 AM] To commemorate the 10th anniversary of the collapse of bitcoin exchange MtGox, Mark Hunter, author of “Ultimate Catastrophe: How MtGox Lost Half a Billion Dollars and Nearly Killed Bitcoin,” tackles the questions that still remain unanswered ten…
BREAKING: Bitcoin Price Smashes Above $60,000: Are New ATHs Ahead?
[Feb 28 8:17 AM] Bitcoin price action continues to pick up steam following unprecedented institutional demand amidst an asset supply that’s on the brink of being slashed by 50%. Today, the BTCUSD trading pair has broken cleanly above $60,000. What does this…
Bitcoin Tops $63K for First Time Since November 2021
[Feb 28 7:30 AM] The rally continued Wednesday as the spot ETFs continued to see massive inflows of fresh money.
First Mover Americas: PEPE, Not BTC, Is The Top Trending Token
[Feb 28 7:01 AM] 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
[Feb 28 7:00 AM] 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…
Stacks Creator Ali Calls Bitcoin 'Apex Predator' as Development Flourishes on OG Blockchain
[Feb 28 6:00 AM] 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…