The U.S. dollar remains steady as investors await congressional testimony from Federal Reserve Chair Jerome Powell, the European Central Bank rate decision, and U.S. jobs data, while bitcoin experiences a slight increase but stays below a record high.
The SEC has delayed making decisions on spot ether ETF applications from BlackRock and Fidelity, and while May 23 is the final deadline for some applications, if applicants start updating their filings by April, it may indicate optimism, according to a Bloomberg analyst.
Miners sold long-dormant bitcoin just as BTC's price plunged, potentially having a significant impact due to the market's thin liquidity.
DME, the city-owned power provider in Denton, Texas, is in negotiations with a cryptocurrency company to establish a Bitcoin mine near the Denton Enterprise Airport, which could generate millions in funds and revenue for the utility and the city. However, there are concerns about the noise and environmental impact associated with Bitcoin mining operations.
Astar blockchain network will integrate into Polygon's AggLayer to provide unified liquidity and enable cross-chain transactions with zero-knowledge proofs.
The Grayscale Bitcoin Trust's recent spike and overbought reading on the RSI may not necessarily indicate an imminent correction, as history has shown that extreme overbought readings can be a sign of underlying strength in the ETF. However, a bearish engulfing pattern has appeared, suggesting that the selloff may continue for a bit longer. Potential support zones to watch include the gaps in the charts between the February 27 and 28 lows and the February 26 and 27 lows. A decline below the February 21 low could signify the start of a bear market.
BlackRock's iShares Bitcoin Trust (IBIT) sets a new trading day record with close to $3.8 billion in volume, as Bitcoin's price hits a new high, while the 10 Bitcoin ETFs collectively achieve over $10 billion in trading volume—a new record.
The new version of the cryptocurrency LUNA experienced a surprise rally, jumping 77% in two hours, following news about Terra's founder Do Kwon's extradition case; however, the gains are not holding, and the price has already fallen.
Bitcoin reached a new record high of $69,202 before experiencing an 8% drop, as investors continue to pour money into U.S. spot exchange-traded crypto products, following the approval of 11 spot bitcoin ETFs by the SEC.
The U.S. Securities and Exchange Commission (SEC) alleges that cryptocurrency exchange Binance.US is not fully complying with its requests for information about customer assets, lawyers for the regulator said in a court filing. Binance.US denies the allegations and claims to have complied with its obligations.
Martin Mizrahi, founder and CEO of a Las Vegas internet service provider, has been convicted of money laundering for a Mexican cartel and carrying out a credit card fraud scheme, resulting in a potential sentence of up to 127 years in prison.
Bitcoin's bull market could last until January to March 2025, according to a popular crypto analyst who analyzes global liquidity cycles.
The U.S. Department of Energy's statistics unit is dropping its emergency bitcoin mining order and opting for a proper notice and comment period, following a lawsuit filed by various industry players, which won a temporary restraining order limiting data collection; the Energy Information Administration will now seek data through alternative means that respect constitutional rights.
Top U.S. crypto exchange Coinbase experienced technical issues as the price of Bitcoin reached an all-time high before collapsing, causing intermittent transaction failures and prompting sell-offs. The exchange has a history of struggling during Bitcoin rallies, and while other exchanges like Kraken and Binance have reported some network-specific incidents, widespread outages like Coinbase's are uncommon. Coinbase's stock price also saw a similar rise and fall.
The BRICS bloc, led by China and Russia, plans to create a payment system based on blockchain to move away from the U.S. dollar and increase their independence from it.
Bitcoin has reached a new record value, surpassing its previous peak from November 2021, driven by factors such as institutional maturity in the cryptocurrency market, inflation concerns, and a general boom in tech stocks.
ARK Invest CEO Cathie Wood predicts that Bitcoin could reach a price of $1.5 million by 2030, citing factors such as long-term and institutional holders, a rising hash rate, and the approval of Bitcoin spot ETFs, which could lead to a supply squeeze as ETFs continue to buy more Bitcoin every day.
A Montenegro appeals court has overturned the ruling to extradite Terraform Labs founder Do Kwon to the United States over fraud charges, citing procedural issues and uncertainties over the first filed request.
Binance US has laid off over 200 employees and seen a 75% drop in revenues since the Securities and Exchange Commission (SEC) launched a lawsuit against the crypto exchange in June 2022, according to a deposition by Binance US COO Christopher Blodgett. The SEC lawsuit, which accuses Binance of fraud and mishandling customer funds, is ongoing.
Ubisoft is collaborating with Ethereum NFT card game Cross the Ages to release in-game cards inspired by the Watch Dogs series, adding another big-budget video game franchise into the crypto world.
Investors are favoring bitcoin spot ETFs over mining stocks due to the upcoming Bitcoin halving and the ability to gain exposure to bitcoin without the risks associated with holding mining stocks. However, historical patterns suggest that mining stocks may rally post-halving, and strategies such as transaction fees and M&A could help them remain profitable.
Vitalik Buterin, the founder of Ethereum, recently sold a significant amount of ETH, raising concerns about the impact on its price, but crypto analysts remain optimistic about its future trajectory.
Major indices on Wall Street suffered losses as mega-cap tech stocks plunged, with Tesla and Apple both experiencing declines, while mixed signals were seen on the data front and Bitcoin hit all-time highs before a sudden drop, and Treasury yields experienced a modest downturn as investors contemplated potential interest rate cuts by the Federal Reserve.
Bitcoin has reached a new all-time high due to the approval of bitcoin exchange-traded funds (ETFs) by the Securities and Exchange Commission, making it easier for investors to add bitcoin to their portfolios and benefiting from a rally in the stock market.
Over $715 million of cryptocurrency assets have been liquidated in the past 24 hours as investors cash in on the surging market, with Bitcoin being the leading asset being liquidated by traders.
Bitcoin experienced a flash crash, losing 23.7% against the euro on Coinbase, before rebounding to parity with other exchanges after 10 minutes of high volatility.
OpenSea has partnered with Coachella to release three NFT collections that offer virtual and real-life VIP experiences and merchandise, demonstrating the growing trend of utility-driven NFTs in the market.
Jupiter, an on-chain derivatives trading platform, experienced issues during high volatility in the Bitcoin markets, with users reporting failed trades and liquidated positions.
The CoinDesk 20 Index reached an all-time high, with meme coins SHIB and DOGE performing particularly well, while Bitcoin cash also saw significant gains; however, Layer 1 Smart Contract Platform Internet Computer (ICP) lagged behind with a modest advance.
Grayscale has launched the Grayscale Dynamic Income Fund that stakes cryptocurrencies to generate income, with a focus on blockchains such as Aptos, Celestia, Coinbase Staked Ethereum, Cosmos, Near, Osmosis, Polkadot, SEI Network, and Solana.
Tesla's current Bitcoin holdings are estimated to be around 9,720 Bitcoin, worth approximately $662.1 million based on the current price, and if Tesla were to sell now, it could yield a profit of $1.87 billion from its original $1.5 billion purchase.
The Osprey Bitcoin Trust is considering a sale or merger with a bitcoin ETF, but if unsuccessful, it plans to liquidate and dissolve within 180 days.
The S&P 500 opened lower due to tech stock decline and concerns about the Federal Reserve, while bitcoin reached a new all-time high; Alibaba shares rise as the company invests in Chinese AI startup MiniMax; Stitch Fix shares drop after reporting a wider-than-expected loss and cutting full-year sales outlook; AT&T receives an upgrade from Wolfe Research; SoFi Technologies' shares fall after announcing a new debt offering.
OrdiZK developers have apparently pulled an exit scam, consolidating over $1.4 million from separate wallets, causing the native token (OZK) to lose over 99% of its value, according to CertiK.
MicroStrategy plans to raise $600 million through a private offering of convertible debt to acquire more Bitcoin and for general corporate purposes.
The recent ETHDenver conference attracted developers and teams from various blockchain ecosystems, including Bitcoin, Solana, and Polkadot, highlighting Ethereum's influence and the potential competition it faces in the industry.
Israeli crypto wallet provider, Utila, has raised $11.5 million in a seed round led by NFX, Wing Venture Capital, and Framework Ventures to offer non-custodial, secure crypto wallet services to institutional investors and crypto companies.
The price of Shiba Inu (SHIB) on Coinbase experienced a 50% crash due to large sell orders exceeding the exchange's liquidity, highlighting the volatility of the cryptocurrency market and the challenges faced by exchanges in maintaining liquidity.
Bitcoin (BTC) is expected to reach a new all-time high by the end of the week, fueled by strong buying pressure from retail investors and the launch of a crypto spot trading platform by Deutsche Boerse for institutional clients.
Shares of MicroStrategy Inc. dropped as the company's plan to offer convertible debt, along with a decline in bitcoin, led investors to take a breather from the stock's recent surge.
The founder of Terraform Labs, Do Kwon, may not be extradited to the U.S. after a Montenegro court sent his case for a retrial, overturning a previous extradition ruling.
A cryptocurrency analyst predicts that the Avalanche blockchain could see significant memecoin rallies, potentially pushing the price of the native token up by over 130%.
Coinbase and MicroStrategy stocks rallied due to the surge in Bitcoin and other digital asset prices, driven by bullish sentiment in the crypto industry, with analysts being more optimistic about MicroStrategy stock.
Bitcoin briefly reached a value of $68,000, its highest in over two years, due to the approval of spot bitcoin ETFs and anticipation of the upcoming halving event.
Dogwifhat token's price surged after crypto exchange Binance announced its listing, contrasting with other meme coins that experienced losses after a volatile weekend, while Bitcoin dominance increased to 52.3% following its surge towards $68,500.
BlackRock has filed a prospectus with the SEC to include Bitcoin exchange-traded funds in its investment portfolio, warning investors about the risks involved in the cryptocurrency market, including lack of transparency and the potential for fraud and manipulation.
TokenFi's token, TOKEN, experienced a 50% surge to nearly 9 cents after crypto trading fund DWF Labs announced a $10 million investment over a two-year period, aiming to develop AI-based products and advance TokenFi's offerings in the emerging crypto and AI landscape.
Dogecoin analyst Kaleo suggests that Dogecoin has more room for growth and predicts that it could reach as high as $0.67, as its market capitalization continues to climb.
The amount of Ethereum staked on the Beacon Chain has reached 31.387 million, valued at around $116 billion, ahead of the Dencun update, with the EIP-7044 upgrade set to streamline the staking process and allow validators to store instructions for exiting their position.
Deutsche Boerse, Germany's largest stock exchange operator, has launched a regulated spot crypto trading platform targeted at institutional clients, providing settlement and custody services through Crypto Finance.
