Bitcoin briefly hits an all-time high, less than two years after FTX scandal clobbered crypto
9 months, 2 weeks ago

Bitcoin briefly hits an all-time high, less than two years after FTX scandal clobbered crypto

Associated Press  

NEW YORK — Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging. Institutional demand for bitcoin show “no signs of slowing down,” H.C. Wainwright’s Mike Colonnese and Dylan Scales wrote Tuesday — adding that bitcoin’s popularity “is likely to accelerate in the coming months as more wealth management platforms make spot ETFs accessible to their clients.” Using data from crypto platform BitMEX, Colonnese and Scales estimated that the 10 bitcoin ETFs averaged $302 million in net daily inflows for the month of February. “Past history may not be a reliable guide to predict how the upcoming halving of bitcoin will influence its value,” Rajeev Bamra, senior vice president of digital finance at Moody’s Investors Service, noted. “Various external factors, market sentiment shifts, and regulatory developments can influence the trajectory of Bitcoin’s price.” A HISTORY OF VOLATILITY Bitcoin has a history of drastic swings in value — which can come suddenly and happen over the weekend or overnight in trading that continues at all hours, every day.

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History of this topic

Bitcoin hits $100,000 for first time
2 weeks, 4 days ago

Bitcoin hits $100,000 for first time

Deccan Chronicle  

Mumbai: Bitcoin made a significant mark by surpassing the $100000 mark for the first time on Wednesday driven by favorable market dynamics, growing US regulatory clarity, and institutional adoption through Bitcoin ETFs. Vishal Sacheendran, Head of Regional Markets at Binance said, “Bitcoin has hit the historic $100,000 mark, driven by favorable market dynamics, growing U.S. regulatory clarity, and institutional adoption …

Bitcoin hits $100,000, lifted by hopes of a crypto-friendly Washington
2 weeks, 4 days ago

Bitcoin hits $100,000, lifted by hopes of a crypto-friendly Washington

Live Mint  

Bitcoin traded above $100,000 for the first time, powered by a wave of investors betting that President-elect Donald Trump will turn U.S. government policy into an engine of growth for crypto. During the campaign, Trump dropped his earlier skepticism of bitcoin and promised to “end Joe Biden’s war on crypto." Now, crypto investors are cheering Trump’s pledge to create a …

Bitcoin ticks closer to $100,000 in extended surge following US elections
1 month ago

Bitcoin ticks closer to $100,000 in extended surge following US elections

Associated Press  

NEW YORK — Bitcoin extended its streak of record highs after ticking above $99,000 for the first time. But he’s also faced criticism from industry players in the process, like the chief legal officer of Robinhood, who described Gensler’s approach toward crypto as “rigid” and “hostile.” Gensler will step down in January when Trump takes office. Despite crypto’s recent excitement …

New day, new record: Bitcoin surges past $95,000, 5 reasons why cryptocurrency breaking record after Trump's win
1 month ago

New day, new record: Bitcoin surges past $95,000, 5 reasons why cryptocurrency breaking record after Trump's win

Firstpost  

Bitcoin rose to an all-time high of $95,004.50 on Thursday, continuing its rally after Donald Trump’s win in November 5 US Presidential election. Cryptocurrency Bitcoin surged to another life-time high of $95,000 on Thursday, continuing to get investors bet who are optimistic after Donald Trump’s win in the 2024 US Presidential election as they expect that he would push through …

Bitcoin reaches record high of $95,000. 5 things to know
1 month ago

Bitcoin reaches record high of $95,000. 5 things to know

India Today  

Bitcoin, the world’s largest cryptocurrency, hit a record high of $95,000 on Thursday before settling slightly lower at $94,750 as of 6:45 AM. The sharp rise has been driven by several major developments in the cryptocurrency space, including the introduction of options trading for BlackRock’s iShares Bitcoin Trust and speculation surrounding former US President Donald Trump’s social media company exploring …

Bitcoin hits record high, breaches $94,000 mark
1 month ago

Bitcoin hits record high, breaches $94,000 mark

India Today  

Bitcoin, the world’s largest cryptocurrency, reached a new record high, closing at $94,078 in the latest trading session. The new milestone has been attributed to major developments in the cryptocurrency and financial sectors, including the introduction of options trading for BlackRock’s iShares Bitcoin Trust and speculation around Donald Trump’s media company exploring a potential acquisition of the crypto trading firm …

US ETFs net inflows near $1 trillion in biggest annual rush fueled by Trump’s poll victory
1 month, 1 week ago

US ETFs net inflows near $1 trillion in biggest annual rush fueled by Trump’s poll victory

Live Mint  

-- This year was already a landmark one for exchange-traded funds, but as of Friday the ETF universe can add another superlative: biggest annual inflows on record. The insatiable appetite for the investor-friendly wrapper, an all-time high number of product launches and a relentless bull market fueled by Donald Trump’s presidential victory have helped push total net inflows into US …

Bitcoin price nears $90,000. What's behind the rally and will it continue?
1 month, 1 week ago

Bitcoin price nears $90,000. What's behind the rally and will it continue?

India Today  

Bitcoin has pushed to a new record, reaching an all-time high of over $89,000 on Tuesday, as optimism around favourable regulatory changes and growing institutional interest fuel the surge. The U.S. Federal Reserve’s 25 basis points rate cut in November has directed investor sentiment toward alternative assets like Bitcoin. Edul Patel, CEO of Mudrex, called the ETF approval a “game-changer,” …

Bitcoin vaults to all-time peak as Trump election raises crypto excitement
1 month, 1 week ago

Bitcoin vaults to all-time peak as Trump election raises crypto excitement

Live Mint  

By Samuel Indyk and Gertrude Chavez-Dreyfuss LONDON/NEW YORK -Bitcoin surged to a record above $87,000 on Monday in a blistering rally amid expectations cryptocurrencies will thrive in a light-touch regulatory environment following the election of Donald Trump as U.S. president and pro-crypto candidates to Congress. Trump embraced digital assets during his campaign, promising to make the United States the "crypto …

Bitcoin neared $90,000 in a new record high. What to know about crypto’s post-election rally
1 month, 1 week ago

Bitcoin neared $90,000 in a new record high. What to know about crypto’s post-election rally

Associated Press  

NEW YORK — As money continues to pour into crypto following Donald Trump’s reelection last week, bitcoin has climbed to yet another record high. Bitcoin’s price oscillated throughout the day, but is still up more than 27% over the last week — standing at about $88,288 as of 5 p.m. That’s part of a rally across cryptocurrencies and crypto-related investments …

Bitcoin rallies past $81,000. What's driving the surge?
1 month, 1 week ago

Bitcoin rallies past $81,000. What's driving the surge?

India Today  

Bitcoin soared to a new record high, crossing the $81,000 mark on Monday. BITCOIN HITS NEW RECORD HIGH Many in the market believe Trump’s plans for Bitcoin and other digital assets have set the stage for the recent surge. "Bitcoin’s record-breaking surge is backed by strong fundamentals and signals from the recent US election that suggest pro-crypto policies may be …

Bitcoin Soars to $71,000: A Crypto Renaissance on the Horizon?
1 month, 3 weeks ago

Bitcoin Soars to $71,000: A Crypto Renaissance on the Horizon?

ABP News  

Bitcoin's recent surge is driven by several converging factors, including rising global liquidity, the upcoming US presidential elections, and weakening US dollar index. The surge has also been supported by increased inflows into Bitcoin spot ETFs and the ongoing growth of institutional and retail investor interest.

Bitcoin Soars to New Heights, But Market Volatility Remains High
2 months ago

Bitcoin Soars to New Heights, But Market Volatility Remains High

ABP News  

Bitcoin and Ethereum ETFs see record inflows, with Bitcoin reaching a 30-day high of $69,000. The overall crypto market is volatile, with Bitcoin and Ethereum experiencing significant price fluctuations. BlackRock is reportedly stepping up its efforts in the crypto derivatives space, with discussions to enable the use of the BUIDL token as collateral in crypto derivative transactions.

Bitcoin drops 4% to $61,000, witnesses second-worst weekly decline; What’s behind the plunge?
5 months, 4 weeks ago

Bitcoin drops 4% to $61,000, witnesses second-worst weekly decline; What’s behind the plunge?

Live Mint  

World's biggest cryptocurrency Bitcoin witnessed a downturn of over 3 per cent on Monday, falling to $61,000 level. Losses are mounting in the crypto market following its second-worst weekly decline of 2024, driven by waning demand for Bitcoin exchange-traded funds and uncertainty surrounding monetary policy. Despite the prevailing downturn, Bitcoin's open interest has experienced a slight uptick of 0.59 per …

Bitcoin plunges 3.7% to $66,870; here’s why its falling
6 months, 1 week ago

Bitcoin plunges 3.7% to $66,870; here’s why its falling

Live Mint  

World's biggest cryptocurrency Bitcoin slid as much as 3.78 per cent to $66,817 on Tuesday reflecting trader anxiety ahead of the US inflation data release and the Federal Reserve's monetary policy decision. The upcoming inflation data and the Federal Reserve's outlook on Wednesday could reinforce concerns that interest rates will remain elevated for an extended period, creating a challenging environment …

Bitcoin hovers around $66,000 in global crypto markets post-halving
8 months ago

Bitcoin hovers around $66,000 in global crypto markets post-halving

Live Mint  

Bitcoin trades at $66,074 on Tuesday, marginally higher than its price a day ago, CoinDesk data showed. The fourth bitcoin-halving took place on Friday, following which the issuance rate of new bitcoin dropped to 3.125 every 10 minutes. “Broadly prices are lower from their recent highs due to geopolitical tensions, but we can expect near term downward pressure as Miners …

After Bitcoin Halving weekend, crypto market sees small gains
8 months ago

After Bitcoin Halving weekend, crypto market sees small gains

The Hindu  

Bitcoin’s long anticipated halving event, in which the block reward is cut by 50% to slow the distribution of new coins, took place over the weekend. The Bitcoin Halving event takes place around every four years and slows the entry of new coins into the crypto economy, helping the asset grow more scarce over time. On March 14 this year, …

Bitcoin gains 7%, climbs back to $70,000 following decline due to US ETF withdrawals
8 months, 3 weeks ago

Bitcoin gains 7%, climbs back to $70,000 following decline due to US ETF withdrawals

Live Mint  

World's largest cryptocurrency Bitcoin has surged back to $70,000 level, by rising over 7 per cent. Nearly $900 million was withdrawn from those ETFs last week, marking ongoing outflows from the Grayscale Bitcoin Trust alongside a slowdown in subscriptions for offerings from BlackRock Inc. and Fidelity Investment, according to a Bloomberg report. “Even though ETF inflows have hit a drag, …

Standard Chartered raises year-end target of Bitcoin to $1,50,000
9 months ago

Standard Chartered raises year-end target of Bitcoin to $1,50,000

Live Mint  

Standard Chartered has revised its year-end prediction for Bitcoin, raising it from $100,000 to $150,000. “We think the gold analogy – in terms of both ETF impact and the optimal portfolio mix – remains a good starting point for estimating the ‘correct’ BTC price level medium-term,” the bank said in its note. It further added, “If ETF inflows reach our …

Bitcoin records largest single-day drop in two weeks, falls over 7%
9 months ago

Bitcoin records largest single-day drop in two weeks, falls over 7%

Live Mint  

Bitcoin witnessed a notable decline of over 7%, dropping to $62,500, marking its most significant one-day decrease in a fortnight. Despite this recent dip, Bitcoin maintains a solid 52% gain for the year thus far, largely due to increased investor interest in US exchange-traded funds backed by actual bitcoin holdings. Over the past week, Bitcoin has witnessed a drop of …

Bitcoin tumbles 10% off its peak in less than a week to trade at $65,300. Check details here
9 months ago

Bitcoin tumbles 10% off its peak in less than a week to trade at $65,300. Check details here

Live Mint  

In the past less than a week, bitcoin has dropped over 10 percent from its all time high of $73,083 it hit on March 13 at trade at $65,300 in the early hours on Sunday. Swissblock, a digital asset analytics firm, in a note on Wednesday said that bitcoin has risen almost double in price from $38,000 in late January …

Bitcoin on a rocket ship, zooms past $72,000 before falling again, experts wary of investing now
9 months, 1 week ago

Bitcoin on a rocket ship, zooms past $72,000 before falling again, experts wary of investing now

Firstpost  

Bitcoin reached an all time high as it zoomed past $72,000 late last night, when it peaked at 4:30AM, at which point, it was valued at $72,706. Additional positive developments include the London Stock Exchange’s decision to accept applications for Bitcoin and Ether exchange-traded notes, along with Thailand’s regulatory approval allowing retail investors to purchase overseas crypto ETFs. Chris Newhouse, …

Bitcoin hits record above $71,000 as demand frenzy intensifies
9 months, 1 week ago

Bitcoin hits record above $71,000 as demand frenzy intensifies

The Hindu  

Bitcoin hit a record high on March 11 above $71,000, as the surge in the biggest cryptocurrency showed no signs of slowing down. The world's most valuable cryptocurrency has been boosted by a flood of cash into new spot bitcoin exchange-traded funds as well as hopes that the Federal Reserve will soon cut interest rates. Flows of capital into the …

Bitcoin’s price is surging. What happens next?
9 months, 2 weeks ago

Bitcoin’s price is surging. What happens next?

Hindustan Times  

For a brief moment, everyone who owned Bitcoin had made money from it. On January 10th the Securities and Exchange Commission, an American regulator, approved applications by 11 investment firms, including BlackRock and Fidelity, to create bitcoin exchange-traded funds. For instance, even as tech stocks soared in the middle of 2021, bitcoin slumped after Elon Musk posted negative tweets about …

Bitcoin briefly hits all-time high, less than two years after FTX scandal clobbered crypto
9 months, 2 weeks ago

Bitcoin briefly hits all-time high, less than two years after FTX scandal clobbered crypto

The Hindu  

Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging. These newly approved ETFs hold actual bitcoin — unlike previous bitcoin-related ETFs that were invested in contracts related to future price bets, but not on the cryptocurrency itself. Institutional demand for bitcoin …

Over $1 billion liquidated from the cryptocurrency market in 24 hours
9 months, 2 weeks ago

Over $1 billion liquidated from the cryptocurrency market in 24 hours

Live Mint  

Over $1 billion liquidated from the cryptocurrency market over the past 24 hours. This was followed by Bitcoin surging to a new all-time high in more than two years, yet the original cryptocurrency didn’t stay at its new all-time high very long as many traders appear to have taken the opportunity to book some profit. The token soared as much …

Bitcoin nears all-time-high price more than two years after record was set
9 months, 2 weeks ago

Bitcoin nears all-time-high price more than two years after record was set

The Hindu  

Bitcoin, the largest cryptocurrency by market capitalisation, hit a price of $68,785.95 on Tuesday morning, coming close to the all-time-high of $68,789.63 that it reached on November 10, 2021, according to the CoinMarketCap live tracker. Due to its large market cap and dominant market status, Bitcoin’s rocketing price helped lift the prices of other top crypto coins and tokens, including …

Bitcoin Surges Past $68,000, In Sight of Record High
9 months, 2 weeks ago

Bitcoin Surges Past $68,000, In Sight of Record High

News 18  

Bitcoin was perched at a two-year peak on Tuesday, breaking above $68,600 and stalking the all-time high as money keeps rushing into the largest cryptocurrency by market value. Net flows into the 10 largest U.S. spot bitcoin funds reached $2.17 billion in the week to March 1, with more than half of that going into BlackRock’s iShares Bitcoin Trust, according …

Bitcoin breaches $68,000, nears its all-time high
9 months, 2 weeks ago

Bitcoin breaches $68,000, nears its all-time high

Live Mint  

Bitcoin soared on March 5, reaching close to a two-year high of $68,300 early mark. This recent rally followed a 50 per cent increase in Bitcoin’s value so far in 2024, with most of the gains concentrated in the past few weeks. The rally in Bitcoin prices comes after the recent approval and the launch of spot Bitcoin exchange-traded funds …

Bitcoin reaches record high amidst investor interest, global market dynamics
9 months, 2 weeks ago

Bitcoin reaches record high amidst investor interest, global market dynamics

India TV News  

Bitcoin, the world's most popular cryptocurrency, soared to a new all-time high on Tuesday, reaching a staggering price of $69,202. Market resilience and economic outlook Bitcoin's remarkable climb, witnessing a surge of nearly 160% since October and a notable 44% increase in February alone, reflects its resilience amidst challenging market conditions. Global market dynamics The cryptocurrency market has also received …

Bitcoin bounces to an all-time high less than two years after FTX scandal clobbered crypto
9 months, 2 weeks ago

Bitcoin bounces to an all-time high less than two years after FTX scandal clobbered crypto

New Indian Express  

NEW YORK: Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging. The price for the volatile asset is up almost 200% from one year ago, fueled by the anticipation and eventual regulatory approval of spot bitcoin exchange-traded funds earlier this year, …

Bitcoin surges to $66,000, market cap crosses $2.5 trillion
9 months, 2 weeks ago

Bitcoin surges to $66,000, market cap crosses $2.5 trillion

Live Mint  

Bitcoin, world's foremost cryptocurrency in terms of value, surged to a two-year peak, crossing the $66,000 threshold. During the past 24 hours, data from CoinGecko indicates that the global cryptocurrency market capitalization experienced a notable surge of 3.6%, reaching approximately $2.54 trillion. Since the inception of US Bitcoin ETFs, significant net inflows totaling $7.35 billion have been invested by prominent …

Bitcoin Bounces Beyond $64,000 As Records Beckon
9 months, 2 weeks ago

Bitcoin Bounces Beyond $64,000 As Records Beckon

News 18  

Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels. The largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where trading volume has surged for U.S.-listed bitcoin funds. “The flows are not drying up as …

Cryptocurrency total market value crosses $2.5 trillion
9 months, 2 weeks ago

Cryptocurrency total market value crosses $2.5 trillion

Live Mint  

Bitcoin price jumped above the $64,000 mark on Monday morning in Asia, just around 7% away from the cryptocurrency’s all-time high set in November 2021. Meanwhile, the overall cryptocurrency total market value has passed $2.5 trillion. The rally in Bitcoin prices comes after the recent approval and the launch of spot Bitcoin exchange-traded funds in the United States earlier this …

Bitcoin price hits fresh 2024 high amid record inflows
9 months, 3 weeks ago

Bitcoin price hits fresh 2024 high amid record inflows

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Bitcoin has hit its highest price since 2021 amid record inflows to the …

Bitcoin Reclaims $57,000 After 2 Years On Heavy Institutional Buying
9 months, 3 weeks ago

Bitcoin Reclaims $57,000 After 2 Years On Heavy Institutional Buying

News 18  

Leading cryptocurrency Bitcoin has soared to a more than two-year high above $57,000 after enterprise software firm MicroStrategy Inc announced it had bought about 3,000 more of the tokens for $155 million. The US SEC approved 11 spot bitcoin ETFs, including BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust, and ARK 21Shares Bitcoin ETF, among others. Bitcoin is now at a …

Bitcoin price surges, marking best week in months
10 months, 2 weeks ago

Bitcoin price surges, marking best week in months

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Bitcoin’s price has surged upwards, making for its best week in months. Since …

Bitcoin Crosses $46,000 As Excitement Around BTC Halving Catches Steam
10 months, 2 weeks ago

Bitcoin Crosses $46,000 As Excitement Around BTC Halving Catches Steam

ABP News  

In a notable surge, Bitcoin, the leading digital currency, reached its highest point in a month, surpassing the $46,000 mark on February 9. This surge is attributed to steady capital inflows into various United States funds dedicated to cryptocurrency, alongside growing anticipation surrounding the forthcoming halving event slated for April. "There is increased investor confidence leading up to the halving …

Bitcoin surges past $46,000, close to month-highs on ETF inflows, halving plans
10 months, 2 weeks ago

Bitcoin surges past $46,000, close to month-highs on ETF inflows, halving plans

Live Mint  

Bitcoin, the largest digital asset, achieved a one-month high by surpassing $46,000 on February 9. This upward trend is supported by steady inflows into several United States funds for the cryptocurrency and increasing attention on the upcoming halving scheduled for April, Bloomberg reported. Bitcoin Exchange-Traded Funds Give Boost Nine US spot Bitcoin exchange-traded funds debuted on January 11, accompanied by …

Bitcoin set to record longest winning streak since pandemic-era rally
10 months, 3 weeks ago

Bitcoin set to record longest winning streak since pandemic-era rally

Live Mint  

Bitcoin is on course to advance for a fifth straight month in what would be the token’s longest such winning streak since a pandemic-era rally oiled by easy money. The largest digital asset has risen about 2% in January, a month of pronounced swings sparked by the rollout of the first US spot Bitcoin exchanged-traded funds and shifting views on …

Bitcoin sees first ever ‘golden cross’ as analysts predict explosive 2024
11 months ago

Bitcoin sees first ever ‘golden cross’ as analysts predict explosive 2024

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A positive start to 2024 has seen bitcoin pass through a market pattern …

Bitcoin ETFs begin trading in U.S. ending decade-long tussle with SEC
11 months, 1 week ago

Bitcoin ETFs begin trading in U.S. ending decade-long tussle with SEC

The Hindu  

Several exchange-traded funds tied to the spot price of bitcoin began trading in the U.S. on Thursday in a landmark moment for the cryptocurrency industry that has been demanding regulatory approval for more than a decade. "The approval has the potential to simplify and secure Bitcoin investments for a broader investor base, which may reshape the dynamics of cryptocurrency investments," …

Bitcoin price surges 5% to $49,000, daily trading volume reaches $52 billion
11 months, 1 week ago

Bitcoin price surges 5% to $49,000, daily trading volume reaches $52 billion

Live Mint  

The price of first decentralised cryptocurrency Bitcoin surged over 5%, reaching intraday high to $49,012 on Thursday, January 11, after the US Securities and Exchange Commission greenlit the establishment of Bitcoin exchange-traded funds by investment firms, signalling a potential revival for the world’s largest cryptocurrency token by market capitalization. In fact, the daily trading volume for Bitcoin on cryptocurrency exchanges …

Spot Bitcoin ETF: A paradigm shift in the world of cryptos?
11 months, 1 week ago

Spot Bitcoin ETF: A paradigm shift in the world of cryptos?

Live Mint  

After a long wait, US markets regulator Securities and Exchange Commission finally gave a go-ahead to the spot bitcoin ETFs on Wednesday, a move that led to a massive jump in the bitcoin prices. The bitcoin surged nearly 6 percent since October on speculation that the spot bitcoin ETF would get the final approval in the early days of January. …

Crypto market swells by billions after ‘historic’ bitcoin moment
11 months, 1 week ago

Crypto market swells by billions after ‘historic’ bitcoin moment

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The crypto market hit a 21-month high on Thursday following a landmark decision …

Bitcoin holds firm after regulators approve ETFs
11 months, 1 week ago

Bitcoin holds firm after regulators approve ETFs

The Hindu  

Bitcoin held steady on Thursday after regulators approved the first U.S.-listed exchange traded funds to track the world's largest cryptocurrency, seen as a landmark move that could broaden its appeal to investors. The Securities and Exchange Commission said on Wednesday it approved 11 applications, including from BlackRock, Ark Investments/21Shares, Fidelity, Invesco and VanEck, with most of the products expected to …

Bitcoin traded just below $47,000 mark as ETF frenzy continues: Report
11 months, 2 weeks ago

Bitcoin traded just below $47,000 mark as ETF frenzy continues: Report

Business Standard  

Bitcoin traded just below the $47,000 mark on Tuesday, as investors await a decision from regulators on whether to approve the US’s first exchange-traded fund tied directly to the token. “We’re in for a massive week with one of the most significant events in crypto history taking place, the potential approval of a Bitcoin spot ETF,” eToro market analyst Simon …

Mint Explainer: What’s behind the surge in bitcoin prices
11 months, 2 weeks ago

Mint Explainer: What’s behind the surge in bitcoin prices

Live Mint  

After rising by more than 150% in 2023, the price of bitcoin surpassed $45,000 on the second day of 2024, to its highest level since April 2022. Bitcoin last rose to its all-time high of $68,789 in November 2021 and then fell to a low of $15,760 in December 2022 amid the collapse of FTX, the largest cryptocurrency exchange, and …

Cryptocurrencies rally, Bitcoin surges past $45,000 for the first time since April 2022
11 months, 3 weeks ago

Cryptocurrencies rally, Bitcoin surges past $45,000 for the first time since April 2022

Firstpost  

Bitcoin soared beyond $45,000 on Tuesday, marking its highest level since April 2022, as the world’s largest cryptocurrency kicked off the New Year on a strong note. Reaching a 21-month peak at $45,532, Bitcoin demonstrated a remarkable 156 per cent gain in the previous year, its most robust yearly performance since 2020. While the SEC has previously rejected several applications …

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