Browsing monthly archive

November 2024

Bitcoin breaks $87k; here’s what this analyst says about BTC price

Bitcoin has hit a new high above $87,000 and could bounce past $100,000 amid bullish momentum. If it happens, the bull market case is for a rally to $150k, an analyst says With Bitcoin rallying to a new all-time high above $87,000, the overall sentiment suggests it’s likely to continue higher. Although a breather could […]

MicroStrategy buys 27,200 BTC worth over $2 billion; Bitcoin spikes above $84k

MicroStrategy, the business intelligence company founded by Michael Saylor that;s now the biggest corporate holder of Bitcoin (BTC), has added to its haul of the digital asset. On Monday, Saylor announced that the publicly-traded company had acquired another 27,200 BTC for over $2 billion. The news coincided with the surge in Bitcoin price – which […]

Over 40,000 BTC leave exchanges as Bitcoin hits $82k

Bitcoin rose to a new all-time high above $82 on November 11, 2024 Over 40,000 Bitcoin valued at nearly $3.28 billion have left exchanges in the past week. The price of Bitcoin (BTC) has climbed to a new record high above $82,000 as the momentum that pushed cryptocurrencies higher continues to dictate sentiment. On Monday, […]

Bitcoin breaks $82,000 boosted by Trump’s re-election win

Bitcoin’s upward trajectory follows Donald Trump’s presidential win last week Over the past 30 days, Bitcoin has increased in value by more than 30% Institutional interest is rising with Bitcoin ETFs, noted by BlackRock’s IBIT ETF reaching $1.12 billion in daily inflows Bitcoin has hit another record, reaching over $82,000 on Monday, boosted by Donald […]

What happened in crypto this week

Wow, what a week’s it’s been in crypto: Tether’s CEO says they’re not launching a blockchain, the State of Michigan holds over $10 million in spot Ethereum ETFs, the launch of the Global Dollar stablecoin, Bitcoin reaches a new all-time high of over $77,000, and BlackRock’s IBIT sets record daily inflows of $1.12 billion. Let’s […]

BlackRock’s IBIT sets record $1.1 billion in daily inflows

IBIT’s new record comes as Bitcoin achieved a new all-time high of over $76,000 on November 7 Dary McGovern, COO of Bitcoin native Xapo Bank, said to CoinJournal that Bitcoin’s new record indicates a “broader shift in institutional confidence” seen by BlackRock’s record net inflows The 12 spot Bitcoin ETFs recorded a daily total net […]

Kidnapped WonderFi CEO released after paying $720k ransom

Dean Skurka is the president and CEO of WonderFi, a Canadian crypto company Skurka was forced into a vehicle in downtown Toronto during rush hour He said that client funds and data remain safe and weren’t impacted by the kidnapping The kidnapped CEO of Canadian cryptocurrency company WonderFi has returned safely after electronically transferring CAD$1 […]

NYSE Arca seeks regulatory nod for Grayscale crypto ETF

NYSE Arca is seeking regulatory approval to list an ETF of the Grayscale Digital Large Cap Fund Grayscale recently filed to convert the fund to a spot ETF Securities exchange NYSE Arca is seeking regulatory approval to list a new crypto exchange-traded fund (ETF) by Grayscale. The ETF is aimed at tracking the Grayscale Digital […]

Bitcoin hits new ATH as Fed cuts interest rates by 25 bps

Bitcoin spiked to a new all-time high above $76,600 on Thursday amid bullish sentiment around Donald Trump’s election victory. The Federal Reserve’s decision to cut interest rates by 25 basis points and indicate further tightening also buoyed markets. Analysts say the influx of ‘cheap capital’ could strengthen the bull market. Bitcoin rose for the third […]