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Bitcoin Nears Record High After $2.8 Billion Injection
1 month ago
Cryptocurrency news
Bitcoin surged to a record near $81,000, driven by a significant increase in investor interest. Analysts are expecting further gains following the U.S. election, which brought in several pro-crypto candidates. Deribit, a prominent crypto futures platform, reported a massive investment ...
Bitcoin Nears Three-Month High as US Election Looms
1 month ago
Cryptocurrency news
Bitcoin has seen a significant increase since September, fueled by central banks' easing monetary policies and market speculation about the upcoming U.S. presidential election. In the past week, Bitcoin rose by 9%, contributing to a total increase of 31% since ...
Bitcoin's Surge Sparks Crypto Market Gains
2 months ago
Cryptocurrency news
Bitcoin surged to nearly $68,400 on Wednesday, marking its highest level since July. This rally has extended beyond bitcoin, boosting other cryptocurrencies and crypto-related equities. Bitcoin's price has climbed over 9% in the past week, while ether has risen around ...
Bitcoin's Surge Sparks Crypto Market Gains
2 months ago
Cryptocurrency news
Bitcoin surged to nearly $68,400 on Wednesday, marking its highest level since July. This rally has extended beyond bitcoin, boosting other cryptocurrencies and crypto-related equities. Bitcoin's price has climbed over 9% in the past week, while ether has risen around ...
SEC Warns of Uptick in Crypto Relationship Scams
2 months ago
Cryptocurrency news
According to the Securities and Exchange Commission (SEC), so-called crypto relationship scams are emerging as a growing threat, with fraudsters using social media and networking platforms to exploit unsuspecting investors. These scams typically involve criminals building trust with their victims over ...
Bitcoin Surges Following Fed's Half-Point Rate Cut
3 months ago
Cryptocurrency news
Cryptocurrencies rallied on Thursday, led by Bitcoin, following the Federal Reserve's half percentage point rate cut, the first such reduction in over four years. Bitcoin's price rose 3.5% to $62,417.48, extending a rally that began before the Fed's decision. Despite an ...
Bitcoin Surges Past $57,000 After Wall Street Rebound
3 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
4 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
5 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
5 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
6 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
7 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
8 months 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
9 months 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
9 months 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 ...
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