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Bitcoin Surges Past $57,000 After Wall Street Rebound
7 months ago
Cryptocurrency News
Bitcoin strongly surged on Monday evening, rising above $57,000 following Wall Street’s recovery from its worst week of the year. After tumbling 9% last week—its worst weekly performance since August 2023—the cryptocurrency saw a 5.6% increase, reaching $57,449. The rebound ...
Spot Ether ETFs Set to Transform Ethereum Investment
9 months ago
Cryptocurrency News
Spot ether exchange-traded funds (ETFs) are set to begin trading on Tuesday, sparking hope among crypto enthusiasts that it will broaden the investor base for Ethereum. These ETFs will invest directly in ether, the cryptocurrency used in the Ethereum network, ...
Market Fears over Mt. Gox Cause $170 Billion Crypto Plunge
10 months ago
Cryptocurrency News
The cryptocurrency market experienced a significant downturn as over $170 billion was wiped off its value. It was largely driven by investor concerns surrounding the nearly $9 billion payout to users of the defunct bitcoin exchange, Mt. Gox. Bitcoin dropped nearly ...
Bitcoin Poised for New Heights, Report Suggests
10 months ago
Cryptocurrency News
According to a report by CCData, Bitcoin is expected to surpass its all-time high this year. Historical trends, particularly the post-halving appreciation period, indicate that Bitcoin could achieve new heights. Bitcoin reached a peak of over $73,700 in March, driven by ...
Robinhood Eyes Expansion with $200 Million Bitstamp Acquisition
11 months ago
Cryptocurrency News
Robinhood Markets has made a significant move to expand its crypto offerings by agreeing to acquire Bitstamp, a leading cryptocurrency exchange, for approximately $200 million in cash. This deal, Robinhood's largest to date, underscores the company's ambition to transition into a ...
Ether Rallies Amid Renewed ETF Optimism
11 months ago
Cryptocurrency News
Ether's price continued its upward trajectory, adding 8.5% to $3,661.12 following a substantial 20% surge on Monday. This rally is driven by increasing optimism that the U.S. Securities and Exchange Commission (SEC) might approve spot ether exchange-traded funds (ETFs) ahead ...
Binance Gets Green Light from Dubai Amid Legal Challenges
1 year ago
Cryptocurrency News
Cryptocurrency exchange giant Binance has been granted a virtual asset service provider (VASP) license by Dubai's Virtual Assets Regulatory Authority (VARA). This development allows Binance’s Dubai unit, BinanceFZE, to expand its service offerings beyond spot trading to include margin trading and ...
Bitcoin Sell-Off Heats Up After All-Time High
1 year ago
Cryptocurrency News
And just like that, the pendulum has swung. The price of Bitcoin, after an impressive surge in the last few weeks, is pulling back sharply. It recently dropped below the $61,000 threshold, marking a continuation of the sell-off that began ...
Bitcoin Surges to Record Highs Amid Market Optimism
1 year ago
Cryptocurrency News
Bitcoin has returned to all-time highs not seen since November 2021. This week, the world’s biggest digital currency surpassed its lifetime peak of $69,000 before retreating to $63,000. This surge from $25,000 in the last six months reflects enthusiasm over Bitcoin ...
Bitcoin Surges Past $50,000
1 year ago
Cryptocurrency News
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. Ether ...
Bitcoin Falls Below $39,000 in Post-ETF Tumble
1 year ago
Cryptocurrency News
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 instance of it dipping below $40,000 this ...
Bitcoin Rallies to 2-Year High of $49,000
1 year ago
Cryptocurrency News
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 pushed above $49,000, reaching ...
Green Light for Bitcoin ETFs Marks a Crypto Turning Point
1 year ago
Cryptocurrency News
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 access to the dynamic and often volatile ...
U.S. Leads Worldwide Crypto Regulation
1 year ago
Cryptocurrency News
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 ...
Incoming Bitcoin Spot ETF Causing Excitement Among Investors
1 year ago
Cryptocurrency News
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 cryptocurrency investment landscape.Individual and institutional investors alike ...
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