Cryptocurrency news

Bitcoin Surges Past $50,000

Bitcoin Surges Past $50,000

Bitcoin's value has soared above the $50,000 mark, reaching a peak not seen in over two years. This week, the cryptocurrency hit $50,168.36, a 4% increase, with an earlier peak at $50,334.00. This marks its highest level since December 2021. Eth...

Bitcoin Falls Below $39,000 in Post-ETF Tumble

Bitcoin Falls Below $39,000 in Post-ETF Tumble

The post-ETF euphoria that characterized the crypto world is subsiding. Bitcoin's recent fall continues, sinking to its lowest point since early December. As of Tuesday, the cryptocurrency was hovering around $38,767.10, marking the first instan...

Bitcoin Rallies to 2-Year High of $49,000

Bitcoin Rallies to 2-Year High of $49,000

Bitcoin climbed in frantic trading Thursday after the Securities and Exchange Commission (SEC) conditionally approved the first-ever spot Bitcoin ETFs to trade in the U.S., as expected.The cryptocurrency was last up 1% at $46,289.15. Earlier, it push...

Green Light for Bitcoin ETFs Marks a Crypto Turning Point

Green Light for Bitcoin ETFs Marks a Crypto Turning Point

In a groundbreaking decision, the U.S. Securities and Exchange Commission (SEC) has approved the establishment of bitcoin exchange-traded funds (ETFs) in the United States. This move, announced on Wednesday, is expected to revolutionize investor...

U.S. Leads Worldwide Crypto Regulation

U.S. Leads Worldwide Crypto Regulation

In a year marked by substantial legal actions within the crypto industry, the United States has taken the lead in enforcing regulations and penalties against major crypto players. This move positions the US as a global leader in crypto regulatory fra...

Incoming Bitcoin Spot ETF Causing Excitement Among Investors

Incoming Bitcoin Spot ETF Causing Excitement Among Investors

The price of Bitcoin has seen a significant surge in 2023, partially driven by anticipation for the introduction of the first U.S. spot Bitcoin exchange-traded fund (ETF). This groundbreaking development is expected torevolutionize the cryptocur...

Bitcoin Hits 18-Month High

Bitcoin Hits 18-Month High

The price of Bitcoin raced above $40,000 this week, reaching its highest level in 18 months as investors anticipate a lower interest-rate environment and important unblocking of regulatory logjams that could make the crypto asset more accepted.Bitcoi...

Bitcoin Tops $37,000, Carrying Crypto Industry With It

Bitcoin Tops $37,000, Carrying Crypto Industry With It

Bitcoin climbed to a fresh 2023 high on Thursday as excitement around a likely Bitcoin ETF approval grew toward a fever pitch.The price of the world’s top cryptocurrency climbed more than 3.5%, to touch $37,000 for the first time since May 2022. Ethe...

Bitcoin Outshines Traditional Assets

Bitcoin Outshines Traditional Assets

Bitcoin, the world's largest crypto asset by market capitalization, has shown impressive resilience and notable growth, outshining traditional assets with its value ballooning by more than 110% since January.The latest excitement around Bitcoin is dr...

Historic Number of Bitcoin Wallets in Profit

Historic Number of Bitcoin Wallets in Profit

Bitcoin, the world’s biggest cryptocurrency in terms of market value, has broken records as it now boasts the highest number of profitable wallet addresses on record, even though its price is still 50% behind its all-time high.Last week, Bitcoin's pr...

Bitcoin Doubles in Price for 2023

Bitcoin Doubles in Price for 2023

Bitcoin is up 50% so far in 2023, beating major commodities and stock indexes. Industry insiders said this year’s bank collapses have sent investors looking for alternatives to the traditional banking system, while there is also anticipation of a slo...

Crypto Hacks Continue Unabated

Crypto Hacks Continue Unabated

Data from independent think tank The Money Mongers has revealed that since 2011, crypto hacks have costthe industry $12.36 billion, 30.74% of which came from 192 cryptocurrency exchanges that cumulatively lost $3.8 billion to cybercriminals.The repor...

Kraken Making Moves After Securing EU E-Money License

Kraken Making Moves After Securing EU E-Money License

Kraken, the U.S.–based cryptocurrency exchange hasrecently secured an EU e-money license. The company has ambitious moves for further expansion and is also reportedly planning to offer trading of U.S. listed stocks.The cryptocurrency business is plan...

Major Crypto Exchange Bybit Suspends U.K. Operation

Major Crypto Exchange Bybit Suspends U.K. Operation

Renowned cryptocurrency derivatives exchange Bybithas announced that it is suspending services in the U.K. ahead of the introduction of the new rules by the Financial Conduct Authority (FCA), the financial regulatory body in the country.The Dubai-hea...

Crypto Assets Soar as US Court Clears a Path for Bitcoin ETFs

Crypto Assets Soar as US Court Clears a Path for Bitcoin ETFs

Crypto assets witnessed a significant surge on Tuesday, following a pivotal US court decision that paves the way for the country's first bitcoin exchange-traded fund (ETF).This landmark ruling serves as a boost for crypto enthusiasts while striking a...

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