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Bitcoin Hits $64K on Path to New All-Time High Before Halving

  Bitcoin’s meteoric ascent persists as it surges to an impressive $64,000 on February 28th, marking yet another milestone in its parabolic rally. The remarkable 10% surge in Bitcoin’s price, propelling it to its highest point in 2024, is largely attributed to investors eagerly anticipating the impending supply halving event. Historically, such events have been […]

Bitcoin Breaks $1 Trillion Market Cap as Price Hits Above $51,000

The total market value of Bitcoin’s circulating supply surpassed the $1 trillion milestone as the price of BTC surged beyond $51,000. Currently, there are 19,627,993 BTC in circulation, accounting for 93.47% of its total capped supply of 21 million. Bitcoin market capitalization crossed the $1 trillion mark. Source: CoinMarketCap The positive sentiment among investors, driven […]

Bitcoin Breaks $50K Mark Retail FOMO Absent During Rally

  The Bitcoin’s price surpassing the $50,300 mark has drawn attention, notably due to the absence of retail trader FOMO (fear of missing out) and the avoidance of high leverage, which has historically characterized volatile market movements. Over the last week, Bitcoin has seen a remarkable 17.5% increase in value, breaching the $50,000 threshold for […]

Bitcoin ETFs Hit $10 Billion Milestone Within One Month of Approval

Bitcoin ETFs Hit $10 Billion Milestone Within One Month of Approval

Bitcoin On February 9, the spot Bitcoin exchange-traded funds (ETFs) celebrated a remarkable achievement, surging to a combined $10 billion in assets under management (AUM) within their initial 20 trading sessions. This milestone underscores the rapid adoption and investor confidence in these newly introduced ETFs.Data provided by BitMEX Research indicates that the net flows for

BlackRock’s Bitcoin ETF Hits $2 Billion AUM in Just Two Weeks

BlackRock’s Bitcoin ETF Hits $2 Billion AUM in Just Two Weeks

Bitcoin BlackRock’s Bitcoin exchange-traded fund (ETF) has rapidly surged to $2 billion in assets under management (AUM) on January 26, just a fortnight after its debut on the Nasdaq. The impressive performance can be attributed to recent inflows and a rebound in Bitcoin’s price, which reached $42,000 for the first time in almost seven days

SEC Investigates Compromised Tweet on Bitcoin ETF Approval

SEC Investigates Compromised Tweet on Bitcoin ETF Approval

Bitcoin Just hours prior to granting approval for the groundbreaking Bitcoin exchange-traded fund (ETF), the U.S. Securities and Exchange Commission (SEC) disclosed its collaboration with the Federal Bureau of Investigation (FBI) to probe a suspicious tweet issued on January 9th.In an official statement on January 10th, the SEC emphatically clarified that the tweet asserting the

Bitcoin Transfer of $1.17M to Nakamoto’s Genesis Wallet Sparks Speculation

Bitcoin Transfer of $1.17M to Nakamoto’s Genesis Wallet Sparks Speculation

Bitcoin Conor Grogan, a Coinbase director, has raised intriguing possibilities surrounding a mysterious Bitcoin transfer. An anonymous user sent 26.9 Bitcoin (BTC), valued at $1.17 million at $43,864 per BTC, to the genesis wallet—the original wallet created by Satoshi Nakamoto, Bitcoin’s pseudonymous founder.This transaction, occurring on January 5th at 1:52 am Eastern Time, involved an